I can lead a horse to water, but I can't make him drink !
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Why is this HUGE....?
Please elaborate !!!
Some of us see this as more "FLUFF".
You might be on to something here.
Todays NEWS might get the pps up to 0.10c,
then, looking for a "Follow-thru day",
tomorrow, he might release the PR everyone is anticipating.
That would certainly take out quite a number of resistance levels.
Let's hope so !!!!
In the past, "fluff" news has been good for
at least a range of between .04c and .05c move up.
We'll see.
StocksJr, Just wondering about what I've read.
You have said that you have 1.8 million shares at this point.
At yesterdays close of 0.0625c, that equates to $112,500.
Is that correct ?
If it is, that is certainly a HUGE position for a "Penny Stock".
Wouldn't you agree ?
I have to say, I'm very impressed with the amount of confidence this expresses !!!
Is this typical of your "investment amounts" ?
Do you usually, take on this kind of a large investment ?
Wish he would comment on the significance of HIS recent communication that HE issued (May 26 PR, regarding mid-June approval).
Clean Coal Technologies, Inc. (PINKSHEETS: CCTC) today
"commented on the significance of the recent communication issued"
by the US Patent & Trademark Office in our application Publication No. US 2006-0123698 A1, Serial No. 11/344,179, entitled "Treatment of Coal."
Does anyone wonder,
if this has been what has been HOLDING things up ??
....."the significance of the recent communication issued by the US Patent & Trademark Office in our application Publication No. US 2006-0123698 A1, Serial No. 11/344,179, entitled "Treatment of Coal."
"The Action brings good news in that
the U.S. Patent Examiner has agreed to allow all of the pending claims directed to the process of treating coal to increase its rank.
Shocking to me, that the CEO didn't mention/ comment on his last statement in the last PR from May 26th.
Perhaps, he'll do that soon.
Todays PR should move the price up a little.
We'll need a PR with substance, to move the price above 0.146c
0.160c is resistance #4
0.146c is resistance #3
0.114c is resistance #2
0.080c is resistance #1
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p07610605916
Not the NEWS we want, but NEWS nevertheless.
The market may view it as "fluff".
We'll have to see.
Maybe there will be another PR before the bell.
Good Morning People, We have NEWS !!!!
StocksJr, What are your latest thoughts on CCTC?
0.14c - 0.16c very soon, IMO.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p18492599448
The CCI and Full STO, show it's time to buy.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p78457630849
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p18492599448
NEWS will come out at,
either of the following times:
9:30am
9:45am
10:30am
2:00pm
For those who are worried about Insiders Selling..
Consider the stock of EEE.
http://stockcharts.com/h-sc/ui?s=EEE&p=D&yr=0&mn=3&dy=0&id=p37216224418
EEE Insiders were BUYING on:
May 14th - May 24th 0.20c -0.22c
As you can see, the stock dropped after those BUYS, down to 0.10c on June 8th.
This dispells the notion, that insider purchases will cause the stocks price to rise.
In the case of CCTC, some are worried that the insiders sale of stock has caused the stock price to fall.
It is easy to try and rationalize what should happen to a stocks price by trying to use your logical thinking, but the stock market doesn't work that way. There are other forces at work, other information, other factors, that influence the direction of a stocks price.
CCTC Insiders SOLD on:
April 19th - June 16th 0.08c - 0.13c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p33601841574
Todays close, and tomorrows session,
will be very telling of where the stock is headed, IMO.
If CCTC close higher than the open, and tomorrow is a green day, than we may be in the clear.
If we break below 0.062c support today, tomorrow, could be telling too, and even more important. A break under 0.062c today, could bring in BUYERS tomorrow.
A lot of different scenarios can unfold at this point, so there is no need to panic yet.
Try to stay calm.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p83238803721
On February 10th CCTC hit bottom at 0.034c,
the next day it hit 0.050c for a high, and the next day it tested the low of 0.034c, but only made it down to 0.035c.
3-days later, the stock hit 0.42c
Currently, 7-days ago on June 11th, CCTC hit 0.062c, and has held support there. Today, the stock has gotten to a low of 0.063c.
We are at a similar point now, having tested the low by 0.001c
in each case.
We now have to wait and see if 0.062c holds.
Amazing how a 0.001c difference can cause frustration and panic.
Seems to be a critical juncture right now.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p17508227582
This wasn't CCTC afterall,
it turns out that it is AMCG.
MrMate, my experience with penny stocks,
has taught me that Beacons, and other MM's trades, should never be bought !!!
They are pumping the stocks that they own, and they use their pumps as a method of getting suckers to buy the shares they want to unload after they've pumped it up to the levels they want to get out at.
So, I do pay attention to them, but only as a reference.
In CCTC's case, if Beacon is pumping it, it's good for me, and others who currently own the stock, because if they pump it up good enough, we can unload our shares as the stock is reaching the price levels we want to sell at.
In other words, SELL their recommendations, don't buy them.
Get it?
This Chinese penny play is a previous Power-Pick winner
Coming off a 52-Week Low this Stock has Plenty of Room to Run Before it Hits Resistance!
Good Morning Trader!
Volatility is often a friend to short-term traders like us – and tomorrow's alert has been a tried-and-true friend indeed!
This past winner could bolt out of the gate this morning and hand us serious gains!
The stock has provided a consistent pattern of high volatility over the past six months. And right now it's trading near a 52-week low, and is beginning to show indications that it could come alive again -- BIG TIME!
I'll have all the info loaded at http://beaconequity.com/dailyalert/ just before the market opens at 9:30AM EDT.
Don't be late!
Beacon Equity Group
Fridays last trade was 0.0666c
(posted under the NEWS page, and copied below)
CLEAN COAL TECHS INC (CCTC)
$ 0.068 ?-0.0012 (-1.73%)
Volume: 1,487,353
After Hours
Last Trade Last: $ 0.0666 ? -0.0014 (-2.06%)
Bid (USD) Ask (USD) Last Traded Open Prev Close
0.06 0.07 4:02:47 PM EDT 0.073 0.0692
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p39862304815
0.0666...Was the last trade on Friday, and "666" is considered a very "lucky number" by the Chinese, and most Asian cultures.
Chinese "Lucky Numbers"
http://www.my-new-chinese-love.com/chinese-lucky-numbers.html
http://www.chinatownconnection.com/world-luckiest-numbers.htm
666 - Six hundred and sixty-six is an interesting number. It is both extremely bad luck in Western culture but very good luck in many Asian cultures and Chinese culture.
As everyone knows, according to the Christian bible, 666 is the number of the beast and is synonymous with Satan. 666 might actually be the most avoided number in Western culture, followed closely by the number 13.
But in cultures in Asia, the pronunciation of 666 sounds very much like the phrase, "things going smoothly," and it is considered to be very lucky. Many shopkeepers will place a sign or plaque with 666 written or carved on it in their window as a good luck charm. The same goes for the front door of a home or apartment.
Good Morning ALL !!!! CCTC Positive Outlook !!
Technical Update, for Monday, June 21st.
CCTC is well positioned for a strong rally, this week. 0.062c is our support. The stock may have ended the corrective phase on Friday when it made a low of my anticipated 0.065c level, in the a,b,c, manner. As long as 0.062c holds, CCTC looks good to hold here. The "Money Flow Index has broken below the 20 level, a sign of being oversold, and positions the stock for a move up this week. The move up may be a move of 0.04c or more. First resistance is 0.08c.http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p84151695646
The resistance level of 0.114c continues to be the "key" to the upside potential. If the stock can get above 0.114c, there is no "resistance" until 0.27c, and once that is penetrated, the stock can then move up fast, to over $1.00.
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=569&cobrand=&mode=stock
http://www.optionsoutlet.com/trading_technicals/images/improv25.gif
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p78058708735
CCTC may have reached bottom Friday June 11th, at 0.062c, to establish Wave 2(red),
(a,b,c corrective phase).
http://www.optionsoutlet.com/trading_technicals/images/improv32.gif
The "Futures" indicate a strong open.
Perhaps CCTC (0.068c), will open BIG as well, on the markets heels.
U.S. Stock Futures
Data as of 3:25am ET
S&P +18.50 / +1.67%
Nasdaq +30.75 / +1.61%
Dow +138.00 / +1.33%
http://money.cnn.com/data/premarket/index.html
On the subject of "Planned Sales"
http://blog.form4oracle.com/2009/09/29/10b5-1-plan-planned-insider-purchases-and-sales/
Insiders can adopt a 10b5-1 trading plan.
The SEC adopted Rule10b5-1 to protect executives from charges of insider trading by allowing them to legally buy or sell shares in their company even if they are aware of material non-public information so long as the trade was specifically laid out in a plan before the executive became aware of the information. A 10b5-1 plan needs to predetermine the number of shares to be traded, at what price and on what date.
Planned sales (or purchases) are not binding and insiders can cancel them for any reason, even if they have non-public material knowledge.
So what can you make of it if you see some insider purchases or sales marked as “planned”?
You can view these transactions as carrying a lot less informational value, since there is no element of spontaneity in them and either assign them no value or significantly discount their significance.
ptrigger, I think your hunch is right!
These were all "planned sales".
These were entered at previous times, maybe a month ago or more.
The insiders make their decisions to sell, but often times insiders are wrong on their buying and selling timing. They're not perfect, as some would believe.
The fact that they still hold a majority of shares, leads me to believe that they were hoping for the NEWS on the contract/deal/signing/revenue, to be out by now, just as we have. The fact that they "planned sold" only a fraction of their holdings is GOOD news for us. It tells me that they are expecting even higher prices down the road, and they are "averaging-up".
I wrote a post on the sale of stock by insiders previously which discusses the facts about what rules they need to follow and how planned sales are implemented.
One thing I'd like to add here.
The price of a stock is not solely driven by the decisions of insiders. MM's and BIG traders who have large amounts of stock, also have some effect on the direction of the stocks pps. They make their buying and selling decisions based on a lot of information, one of which is technicals. They seek to capitalize on their investment in the securities they hold, just as we do. They can, and will, seek to benefit on the stocks swings, based on the decisions of corporate insiders, i.e. PR's.
Smart Technicians BUY stock when the pps falls under key support levels, and sell it when it rises above it. They buy on oversold conditions, and sell on overbought conditions. You need to follow this strategy too, if you want to capitalize on your investment.
Currently, CCTC is oversold, as seen by the MFI, just one of many indicators. At 0.068c, here on Monday June 21st, the stock is, IMO, ready to make a BIG move-up. IMO, it has once again been brought down by traders and MM's who have guided it down to these levels, and are going to sell BIG TIME, once the pps goes up when the NEWS PR is released, just as we should.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p15860307109
GLTA
This MM chooses to use the wording
"trading NEAR it's 52-week low".
I received this e-mail tonite, also.
It's Adding 1 MILLION New Customers Every Month!
Good Evening!
Traders are getting excited again about a company that sells to a 1.3 BILLION captive Chinese market!
The company has revenues, is profitable … and sells for less than a dime!
The chart shows it is trading near its 52-week low and appears to have built a solid base from which it could shoot straight up -- AGAIN!
Yup, we've played this winner before – twice, in fact – and its time we go back for a third and hopefully even more profitable look!
My email goes out at 9:30 a.m. tomorrow and my stock link will be loaded with all the details at the same time.
See you in the markets!
Terry Slanton
~ and your friends at Penny Stocks Finder
CCTC may possibly hit 0.14c to 0.16c,
at the beginning of the week, if a PR of substance is released.
GLTA
JMO, and I'm not a pumper, as some might think.
The Money Flow Index is registering "OVERSOLD !!!
3-MONTH
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p53788015330
6-MONTH
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p75322103586
Bobwms, thank you Bob,
I'm looking at the RSI as well, and am anticipating $1.00 like you are.
did you read this....
Possible ALERT on CCTC !!!!!!
I just received this e-mail from "Beacon Equity", a MM, tonite!!!
You will remember, that Beacon Equity put out their alert on CCTC back when the stock was under 0.05c on February 17th.
Here it is. Could this be CCTC they're talking about???
A Chinese "Power-Pick" coming tomorrow
This Stock is Bouncing Off Major Support – Which Could Mean Continuing Big Gains for YOU!
Good Evening!
Tomorrow's alert has exploding revenues – is wildly profitable – and is fast-becoming a leading player in its niche – and yet, it's trading for under a quarter!
The stock is just now coming off a 52-week low and indicators are suggesting STRONG gains could be on the horizon – especially in light of a flurry of good news coming out of the company!
And – this Chinese beauty has been a past winner for us!
Go to my Power-Link http://beaconequity.com/dailyalert/ just before the market opens in the morning to get reintroduced!
Beacon Equity Group
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p75322103586
Possible ALERT on CCTC !!!!!!
I just received this e-mail from "Beacon Equity", a MM, tonite!!!
You will remember, that Beacon Equity put out their alert on CCTC back when the stock was under 0.05c on February 17th.
Here it is. Could this be CCTC they're talking about???
A Chinese "Power-Pick" coming tomorrow
This Stock is Bouncing Off Major Support – Which Could Mean Continuing Big Gains for YOU!
Good Evening!
Tomorrow's alert has exploding revenues – is wildly profitable – and is fast-becoming a leading player in its niche – and yet, it's trading for under a quarter!
The stock is just now coming off a 52-week low and indicators are suggesting STRONG gains could be on the horizon – especially in light of a flurry of good news coming out of the company!
And – this Chinese beauty has been a past winner for us!
Go to my Power-Link http://beaconequity.com/dailyalert/ just before the market opens in the morning to get reintroduced!
Beacon Equity Group
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p75322103586
For those looking for "A Silver Lining",
On Feruary 10th, the stock was removed from the "Short-List".
At that time, the stock hit a low of 0.034c. Five days later, the stock hit a high of 0.42c
On June 16th, the stock was removed from the "Short-List".
At that time, the stock was at 0.07c. Five days later would be
June 21st.
That's tomorrow folks !!!!!!
Will we get the much anticipated PR tomorrow? Maybe !
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p75322103586
Here is what I've seen, as far as PR's
JUNE 0 - PR's
MAY 5-26
5-17
5-11
5-10 Total 4 - PR's
APRIL 4-21
4-13
4-12
4-5 Total 4 - PR's
MARCH 3-24
3-8 Total 2 - PR's
FEB 2-17
This is the longest span of time yet, since our last PR, now over 3 1/2 weeks.
Maybe that means something GOOD is in the works.
We usually get a PR every 2-weeks, or so.
Bobwms, Way to go !!!
nice trade, buying CCTC at 0.08c and selling at 0.36c
where do you believe CCTC is headed from here, since it is
at 0.068c currently?
what do you anticipate this week, with regard to a PR release.
Your expertise has my interest.
edurk
The Money Flow Index coupled with NEWS, PR's, and Support/Resistance levels.
You will also notice that when the stock dips under recent Support, a PR gets released, causing the stock to rise above the support, which is now called resistance, and that is the time to SELL. Always, always SELL on NEWS.
It's a very good idea to be buying the stock when it dips under the support, then SELL the stock if you can, on the release of the PR, when you can expect that the price will move above the support/resistance level.
There have been many opprtunities to play this stock this way over the last 5-months, and I expect that going forward, there will be many more opportunities.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p66322218164
slyguy and ptrigger, take a look at the following chart.
Note the MFI, "Money Flow Index".
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p66322218164
At a quick, first glance, you will notice that the MFI line moves from Overbought at the top line "80", down to the lower line "20", Oversold.
This is NOT an exact indicator that tells you an entry point, or exit point, obviously. It has to be coupled with other indicators to make that timing possible.
The MFI does however, present a "rough" idea of the area you want to be considering BUYS and SELLS.
Currently, the MFI is at 17.76, which is under the "20" line.
On March 23rd, the MFI was at the same level, under "20".
The next day, March 24th, a PR was released. (below)
Clean Coal Technologies Inc. Announces That Major Joint Venture in China is on Track for April
CORAL SPRINGS, Fla., Mar 24, 2010 (BUSINESS WIRE) -- Clean Coal Technologies, Inc. (Pink Sheets: CCTC) will sign a joint venture agreement in China in early April, with similar agreements in India and the U.S. not far behind.
"We expect to sign our first joint venture agreement in China in early April," said Doug Hague, President & CEO of the innovative company. "We're still on track to expand our penetration into the China market.
If you look at all the NEWS and PR's, you will find that their is a direct match-up with the PR's/NEWS and the overbought and oversold areas. i.e., PR's get released when the MFI is oversold, and overbought. Thus the commonly heard phrase, "SELL on NEWS".
Good entry points are at an MFI under 20, and good exit points are at an MFI over 80.
Currently, I would expect that a PR is due to be released this week, as the MFI is under 20.
ptrigger, I'm wondering if the proceeds from the sale of stock in recent weeks is being used to pay for those Ads, or if it's going to be used for future expenditures, such as more Ads.
He has only sold a minor portion of his holdings, and has been selling after the Ads ran in the magazines.
ptrigger, did you actually see the Ad in both magazines?
ptrigger, Wow! You're quick.
How did you get that so fast?