I can lead a horse to water, but I can't make him drink !
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IMHO, CCTC will go down to .12c
tomorrow morning (Wed.), then trade higher and sideways, on low volume, and then we'll see an unexpected PR come out mid-day.......
that's when the stock will jump.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p85878869401
What was that- 360K ???
Has tested .14c three times...
It's acting like it wants to test .13c to fill the "Gap" that is open......
Tomorrow, Wed., should be the final day for the Shorts to cover their shares that they didn't borrow.....
I still believe that tomorrow will be the day CCTC sees NEWS
I still think the stock wants to go lower today and into tomorrow..
I hope I'm wrong, and that we see News today.....
IMHO, NEWS will be out on WED.17th
I'm counting 2 days from the time "the removal from the Short-List", appears on the Pink Sheets web-site.
This is also the 13 days that the Short Rules allows for the Naked Shorts to cover.
I'm guessing, but also going upon what I've seen in other cases that I've researched.
GLTA
A reminder on "Naked Shorting"
"Naked short selling is the act of selling without owning or borrowing shares. Because no borrowing is necessary, naked short selling can be executed faster and in larger volume than the ABCD method of short selling. A criminal might introduce a sizably quantity of shorts for sale, destabilizing the market and driving the price of the stock down.
Usually, naked short sellers have three trading days to borrow the shares backing the shorts. But Regulation SHO of 2005 allowed close-out of fail-to-deliver positions for as long as 13 more trading days."
Thus far, it has been 10 days from the time CCTC was added to the Short-List...
Today Monday, tomorrow, and Wed. would bring the total to 13 days, the maximum allowed days to "COVER".....if I understand this correctly.
Can Admiral verify?
How many more days to cover?
The Naked Shorts have 13 days, right?
So far, haven't they used 10 of those days.....don't they have only 3 left....today, tomorrow and Wed.?
Not sure how this works...do you?
That would be fantastic, wouldn't it.
I 've been wondering if that would really be possible, if CCTC could go up like ZANE.
The thing that makes me wonder, is the fact that CCTC traded such small amounts of shares on a daily basis all year long, and that it doesn't seem that CCTC would have any trouble breaking through to the $2, or $3 levels.
Would you agree?
10-day-hourly, looks like .13c coming
....soon. That should bring in some BUYING.
Might see .13c, before big move up.
After DCGNQ was removed from the "Naked Short-List" on Dec. 14th, the stock went down the next day, the 15th. Then, on the 16th, the stock drifted slowly for 4 hours, until 1:57 pm, when the PR was released and the stock went from .07c to .30c in two hours into the close. ( See DCGNQ Chart below ).
http://stockcharts.com/h-sc/ui?s=DCGNQ&p=D&yr=0&mn=6&dy=0&id=p24854749544
By the looks of the 10-day ,15 minute chart,
....it looks as though we've put in a bottom, right here at
10:30 am.
It resembles 2 Fridays ago at the close.
I think we can see a big BUY order push us up from here.
I would not be surprised....if we saw NEWS come out at 10:52am
....they've done that before.
The timing would be perfect....
Removal from list, is no boost!
I've seen this before....
It may take a few days for the removal from the Short-List to have an effect on the stock price....
I'm not sure why that is, but other stock charts price reactions have shown this to be the case....
I'll leave the explaination for this to you who are more knowlegable than myself in this area......
Perhaps the "Admiral" can shed some light on this....
No news, could be GOOD news!
So far, no news....this could be good!
If the PR comes out at an unexpected time, say after lunch, ths shorts could be caught off guard, and be forced to chase the stock......
and if the stock gaps up on the news, to say.....25c to .35c.....all the better!
Anyones thoughts?
Fridays technical read...
For what it's worth...
American Bulls had this to say about Fridays activity and 5-day pattern.....
"Do not consider any new short positions given the bullish alert and the recent bullish momentum. Short sellers must cover their positions to prevent further losses...."
Interesting, when you couple this, with the removal from the "Naked-Short List", also on Friday.
http://americanbulls.com/StockPage.asp?CompanyTicker=CCTC&MarketTicker=OTC&TYP=S
View chart of last time removed.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p88583237544
CCTC was last rmoved from the "Naked Short-List" on Feb. 10th.
You can see what happened to the stock several days later.
Went from .04c to .42c
Removed from Naked-Short List" today !
http://www.buyins.net/tools/short_list.php?dys=-1
This is very good news !!!!
Stock should get a strong lift next week from this news.
that's what happened last Friday too.
typical for Fridays really.
taking postions before the weekend, in case PR comes out over the weekend or first thing Monday morning.
Drop below .14c would attract buyers,
a drop below .13c would scare a lot of holders,
good time for a PR is when everyone is selling,
but no signs of capitulation right now.....volume is too light.
Volume isn't huge, so .13c is possible
just to fill the "Gap" from March 1st.
the market is testing .14c right now,
but I suspect that .135c, the next support, will be tested soon.
Just like last Friday.....
the stock is falling toward the noon hour...
should rally into the close......
people want a position I would think, just in case PR comes out on Monday.
Big volume today would indicate news is just around the corner.
.135c is next support.....
we'll probably see volume pick up steam when .13c "Gap"
gets filled.
I suspect that when that happens, a rally will ensue, and we'll end the day on a climb up from the lows of the day.
They'll probably be able to fill the "Gap" at .13c,
from Monday March 1st, today.
The shorts are winning.....and I'm not..
Unless we see a surprise PR today,
looks like we'll have to wait until next week, to start makin'
any $$$$$.....
thought for sure today would be the day.
They filled the .145c "Gap"..
Will they take it down to the "Gap" at .13c?
They filled the .145c "Gap"..
Will they take it down to the "Gap" at .13c?
Dr.Pennystock and Shorts makin' $$$$
never heard that one before.....good one!
well.......looks like another boring day lies ahead of us...
no volume.....no news......
I'm gonna be taking an early nap today it looks like....
very profound, "Grasshopper"..
apparently, nothing to get excited about!
When the news comes out, I'm sure everyone will be "Yappin it up"
I think everyone, including me, is tired of the same old boring sideways, slow, low volume trades.....
we need some spikes to make us all come alive !!!
Since Feb.10th, CCTC has had higher lows.....
...more recently, since Feb. 24th, CCTC has had higher lows and higher highs, even though they've been small.
Make no mistake, with a rising set of moving averages, pps, and MACD line, this price pattern is BULLISH !
One can view this as a Pennant Formation, or a sideways symmetrical triangle.....both are BULLISH !
IMO, CCTC will see a one, or possibly two day spike, or spikes when the price breaks out of this pattern.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p28950375022
A Technical comparison,S&P 500 vs CCTC
...shows:
both have a Reverse Head & Shoulders Bottom pattern, which is BULLISH...
both have rising 9 & 18- day moving averages.....
both have rising MACD lines.....
both have the pps displaying higher lows and higher highs...
CCTC is lagging, however, it would only take a one day jump in its price to catch up to the S&P 500 and be at its current level in terms of pattern.
IMHO......a PR of substance, right now, would bring CCTC up to $1.00 and finish the completed mirror image pattern of the
S&P 500.
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p30410762844
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p08288193388
I recall reading once, that a stock that tests a resistance area twice and is unsuccessful, usually makes it thru it on the 3rd try.
CCTC has attempted to penetrate .18c twice now.....maybe on the 3rd attempt, it will make it thru.
I think you're right.....
I could see (them) releasing the next PR
at around the after lunch time frame, just to catch
the shorts offguard.
That's what happened with DCGNQ on the 16th of Dec.
The stock was at .08c all morning, then suddenly, out of nowhere, at 1:57 pm comes the PR, and the stock zoomed to .30c over the next 2 hours.
http://stockcharts.com/h-sc/ui?s=DCGNQ&p=D&yr=0&mn=6&dy=0&id=p01507627600
Most PR's released after 15th of month
...and in the morning.
check out the dates on the last 8 PR's
Could be that Dr.Pennystock wants..
to BUY shares of CCTC.....and this is a "plant",
so he can pick up a lot of shares.
Anyone think that is possible?
Very interesting read...
I hope this is all wrong.
http://www.benzinga.com/trading-ideas/short-ideas/134026/clean-coal-techs-inc-is-a-short-target-by-tim-sykes-cctc
I guess we'll find out today if Dr.Pennystock is reliable, or not.
If the stock soars, we know to use his calls as a "contrarian view".
Dr.Pennystock
http://www.drpennystock.com/
...he has dropped CCTC from his list.....
he's telling his Gold Members to sell
Timing of next Press Release.
I did some research and found that of the last
7 releases......
half were released at 6 am
half were released at 7 am
and 1 was released at 10:52 am
...so I guess one could presume that we still have a chance for a PR at 10:52 am, since 6 am and 7 am have passed by us this morning already.
CCTC was dropped by this writer.
How reliable is this writer....does he have a good record for stock picks?
Dr.PennyStock:
CCTC – The Gold members received a sell recommendation at .0155 yesterday, a 5% profit, it’s a sell and is out of the list.