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loaded up at .0409. This is going to pop and close positive today
todays drop was def dilution with help from shorts. Seems dilution maybe done for the day. This could pop back to .o47
We are range bound between .033 and .065 until all the shares are absorbed.
.0430 todays bottom We need a nice bounce back up to .045
It should take that long for the 14/50 day moving averages to cross at the rate we are moving. We still have dilution happening and MMS'/institutions are absorbing it. At the same time the volume is dropping which means it is coming to an end. The reason it takes this long is because there are limits to how much each debt holder can sell per day. Lastly, the one downside is the shorts piggy backing on the selling putting more pressure on the pps.
We are doing a good job at holding these levels. If you watch level two you will see ARCA hanging out. He is a shorter and has been putting lots of pressure on NVCN
we have about another 10-15 days before breakout
depends on how much dilution is still for sale at the EOD. Today's trading has def been dilution loading. If shorts are piggy backing (which it seems like they are doing) we could get a run back up to .05 for the close. Market does not want to stay below .0462.
there maybe news coming after close. Today's buying aggressive and with purpose!
Power buying today. This will close above .05
looks real good.
ive put in a request to IR to get a current share count. We should be very close to the end.
yes, i know him from other stocks as well. NVCN will close the first gap in the next few days. NVCN will be lots of fun as it will be very trade able once it closes the first gap.
this time I highly suggest betting against him. This baby is going to run hard. It's worn out on the downside.
If you haven't noticed by now when Clay trader comes into a stock it goes down. He is paid to put out charts for short sellers. He has been doing it for a long time.
tug a war between short sellers and longs here. I expect we get a very strong squeeze the next few days. When heavy buying comes in expect a big spike to sell into >08 and reload on the pull back.
NVCN is not done! We may close above .05
Bingo -.0524-.0530. Nice set up going into Monday.
todays close is at?
.0524
absolutely nothing!
15 milll shares have traded between .0503 -.0507
not showing, might have moved lower to .05 -will see.
dilution would have attacked and crushed the order. Short sellers see that bid, back off and try and recoup before attacking again. Either way IMO once the selling is done the buyers come back harder.
working sell orders but there is a 10mill bid sitting at .0508
My charts are still giving buy signals
I agree with you. Volume drying up, dilution has stopped for the time being but I think there is hesitation from longs to come in. They would rather sit here at .05 support and wait then push it up and pay more. Afternoon trading and what happens at the close will be indicative of what happens next week.
looks like we might be coming to an end
that is assuming everything is able to be converted and sold as shares today. That is not the case! Either way we will be done with dilution in a few days especially if we trade 150+ mill a day. If people are shorting at this level with only 150-200 mill in dilution left IMO they are crazy. This will not break .05.
agreed! there is about 150 mill left in dilution. At this rate we should be done with dilution by noon tomorrow.
we should eat thru the remaining dilution rather quickly this morning.
come on Ance lets Go!! SVTE reported
is the market chomping thru resting orders or is someone actually selling all these shares on the way up. I hope it remaining dilution that is getting gobbled up. Should chomp thru the rest of the dilution tomorrow. And then start the uptrend.
this will be alot higher in the morning. Wouldnt be surprised if we open around .10-12
I've been saying on this board this last few days MM's where trying to shake everyone out with some dilution going on. Tomorrow will be very interesting as I expect there are a lot of short shares who are scrambling now and will certainly be scrambling tomorrow morning.
we could see a massive short squeeze tomorrow.
there's some news for ya
patience will be rewarded.
Volume drying up on the sell side is a good thing.
i don't think it is enough. these people are greedy. the reason investors get caught is because they get greedy when it starts to run. thinking hey hit the jackpot
the reason these stocks run is because they do promissory notes. They have to get out of their positions as well.
it will get another and another. I have seen fatter pigs get up to 00's