I can lead a horse to water, but I can't make him drink !
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You're right. I wonder why it changed.
Do you know why ?
On Friday, or Saturday, not sure when, I saw 2-100,000 share shortable entries, then 1 of them went away......then on Sunday I saw the 1 entry for 100,000......and now we're both seeing 15,000...
I really have no clue as to what this means as far as the opening this morning....
Maybe someone will weigh-in on this, this morning with an answer.
CCTC was added to the Naked Short List on March 31st
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.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p74000931630
On "Naked Short Selling "
.....there is a second and perhaps more effective means of depressing the stock price which is by flooding the market with shorted shares that are naked.
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 sizable 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.
Currently, there at 100,000 shares that are shortable
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=cctc&cntry=usa&tag=United+States&ib_entity=llc&ln=
Technicals are a visual interpretation of all that is known by all participants who have an interest in the stock.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p10663329229&r=4605&depth=24&listNum=&cmd=chartnotes,889|761
The Technical Side of CCTC
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p10663329229
CCTC bottomed at .034c,
1st wave is an "Impulse wave" up to .42c
which consists of a 5-wave sequence.
( Impulse waves are folled by corrective waves, and can take the form of either an "a,b,c pattern", or a "1,2,3,4,5 pattern" )
This is where CCTC is now.....within the confines of a 7-week corrective pattern that is moving in a narrow range between the levels of .108c, .18c, .10c and .155c. These 4 labeled resistance and support prices represent the range the stock is locked up in, and until the stock registers the next "Impulse move" up.
The corrective pattern has so far shown itself to be an "a,b,c"
pattern, however, that can quickly change to a "1,2,3,4,5" pattern if the stock makes a low under the recent support of .10c
At this point the a,b,c pattern is a=.108c, b=.18c, and c=.10c
A 1,2,3,4,5 pattern would be labeled 1=.108c, 2=.18c, 3=.10c,
4=.155c, and 5 would = any price level under .10c.
In any event, I reaffirm my belief that CCTC will come out of this corrective phase with a huge breakout to the upside that will take it above the previous high of .42c established 7-weeks ago, and my targets for the next move range from .74c to as high as $2.40 on this next move up, which will be the 2nd leg. The 1st leg was .034c to .42c.
Don't forget 100,000 shares are currently shortable.
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=cctc&cntry=usa&tag=United+States&ib_entity=llc&ln=
...so intra-day next week, we could see the test of .096c in the morning, and then see buyers come in in droves to lift the stock into the close on a strong note.
Remember that CCTC was placed on the "Naked Short List" last week, so I'm sure that will have some bareing on the stock short-term.
Quite possible we'll see .097c touched, on an intra-day low next week.
I have said in pror posts that .096c ( see below chart )
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p34873806158
...met with resistance on February 4th, and that that could become a support level that could be tested, before the stock resumes its rise to above .42c, which I am confident it will reach in the next 2-weeks, on its way toward $2.40
The corrective phase the stock has been locked in for the last 7-weeks has taken on the shape of a "descending triangle", in thus far, an "a,b,c " correction, the "a" being .108c, the "b" being
.18c, and the "c" being .10c , labeled as such on the chart above.
So far, this a,b,c coreection has formed a "double bottom", however, some corrective patterns take on the 1,2,3,4,5 corrective pattern and a test of .096c would fit that pattern.
These descriptions all fall under "Elliott Wave Theory" if you'd like to check that out for yourselves.( see link below )
http://www.acrotec.com/ewt.htm
Curious...How long, on average, should it take for a company to get to the point, where everyone on this board would like to see CCTC be, as a company that meets everyones expectations for a real, financially sound, company ????
Should it take 2 years, 5 years, 10 years ???
I have NO idea.....so please offer any comments.
CCTC, at least from a chart standpoint, has a 2-1/2 history....although I've read all the news dating back further.
I'm aware of all the name changes, too.
At this point, I'd like to see the company show me it's doing well, by way of its stock price climbing.....that would be all I need.
As of right now, Friday a.m.
100,000 shares are shortable
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=regSHO&tag=Reg%20SHO&ib_entity=llc&ln=
Earlier this morning, I saw 200,000 were shortable.
If I told you 3-months ago, to buy a stock that was in Ch.11, and the price was .013c,
would you have taken my suggestion and bought the stock?
Well, it just so happens that I've seen a lot of stocks that were in CH.11 go from a penny, to well over $3 in only a few short months.
I have been telling everyone on this board about VSTNQ for a while now, and here is what it's dong today. It's up to $1.48 in only 3-months.
http://stockcharts.com/h-sc/ui?s=VSTNQ&p=D&yr=0&mn=6&dy=0&id=p07881420057
Ask yourselves the ?, why and what changed in the company in 3-months.
There is only one answer.....the company waited until the stock had gotten beaten down to a penny into the end of the year for tax loss selling, then at the appropriate time, released the 10K with some incredible news and numbers.
It's all about strategy! The CEO has smarts about him.
Watch CCTC "Fly" to over $8.00
That's right...I said $8.00
The first leg up for VSTNQ was .013c to .15c
The second leg up, was from .06c to $1.09
The final leg up is in progress, and it has gone from .54c to $1.48
CCTC's first leg up is from .037c to .42c
the second leg up will be from .10c to well over $1.50
the third and final leg up will be to over $8.00
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p49821802023
CCTC at .60c plus, over next 2-weeks !!!
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=1&mn=0&dy=0&id=p31519736411
I'm very confident of this folks.
The 2nd leg up is approaching and will reward all who are patient !!!!
Weekly chart more impressive than daily.
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=1&mn=0&dy=0&id=p85363574931
You will notice the PPO bars trending up!
...the MACD, also moving up!
...and the RSI, also trending up!
...and the RSI is now above 30 !
This is a very BULLISH chart everyone.
Compare this weekly of CCTC to the below link on
a daily chart of DCGNQ, from Nov. to Dec.....and notice the same things I've listed above for CCTC. ( the PPO bars, the MACD, the RSI...)
http://stockcharts.com/h-sc/ui?s=DCGNQ&p=D&yr=0&mn=6&dy=0&id=p28571022088
Both charts look the same, only one is weekly and the other is daily.
Notice what the DCGNQ stock price did once the PPO bars crossed the zero line and notice the trend of the RSI...
CCTC is very close to surging upward !!!!
This is why CCTC is headed UP from here!
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p95218428933
This chart shows that CCTC is at the APEX of either a "Descending Triangle", or a "Symmetrical Triangle".
What this means is that BUYERS and SELLERS are near equal!
For the last 6-1/2 weeks, traders and investors have finally come to a place where the scale is finally even.
From the high of .42c set on Feb. 18th, market participants have digested all the available news and have come to a conclusion about the direction of the company and the stocks price, in the form of a correction, or consolidation of the gains made from the low of .037c to .42c.
This "Triangle", is a BULLISH pattern. The breakout from this APEX can take on several forms by first dropping down and then rocketing upward, or move up sharply first and build upon the upward movement. The direction will be the same in either case...UP,UP,UP !!!
The scale was tipped in this direction on Feb. 17th, by the volume.
Make no mistake......CCTC is headed UP! The tide has turned!
CCTC is now in a BULL PHASE. The first Leg up has established itself (.03c to .42c), and it is now set up to establish the 2nd Leg up.
GLTA !!!!!
To be honest, I am not "expecting" anything.
I am hopeful...that the stock will move up from here because of all the positive input from everyone on this board, along with my own evaluation of the stocks price patterns and other peoples assessments, like this Wayne Crumply.
I admit, I have no certain knowledge to make a determination of where this stock is headed.......at this point I am merely hopeful that the direction is UP !!!!!!
According to Wayne E. Crumpley......March 15, 2010
Market makers have the legal right to sell shares short that they do not own. This is called "naked" short sales. It would be my educated guess that the company has a 40,000,000 to maybe as much as 60,000,000 over-hanging "short" position.
The next step is . . . how do the "shorters" cover themselves, and what is the direction of the stock. The "shorters" will "cover" when they are certain the stock is heading "UP." What happens if there is no stock for them to purchase? All of a sudden the "supply/demand" position is turned on its head.
.....Instead of no Buyers (demand) looking at a 435,000,000 share supply, we now have maybe 40,000,000 to 60,000,000 short demand chasing no supply. As fast as the stock went from $1.20 per share to $ .04 per share, it is my opinion that the stock could go from $.14 per share (present), back to above a dollar. There could develop a "feeding frenzy" to buy the stock to stop the losses of the stock moving up.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p40079166357
On "the List" March 30th, Tuesday !!!
...the day of the BIG drop in the morning, now 3-days ago.
Naked short selling:
"The seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period."
http://www.buyins.net/tools/short_list.php?dys=-1
The investor profits from this strategy when the price of the stock they're borrowing declines. These investors have a negative outlook on the security and anticipate the price of the stock will fall.
Naked short selling or "naked shorting" is the practice of selling a stock short without first borrowing the shares or making an "affirmative determination" that the shares can be borrowed. The practice of naked shorting, with the intent to drive down share prices, violates US securities law. In January 2005, the SEC enacted Regulation SHO to reduce the practice of naked short sellng and the subsequent practice of "failure to deliver" securities.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p78143777510
On the "Naked Short List" again !!!
15,000 are shortable today.
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=cctc&cntry=usa&tag=United+States&ib_entity=llc&ln=
Naked short selling stocks has unlimited risk. The seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period. 3 As a result, the seller fails to deliver securities to the buyer when delivery is due is known as a "failure to deliver" or "fail."
Failures to deliver may result from either a short or a long sale. There may be legitimate reasons for a failure to deliver. For example, human or mechanical errors or processing delays can result from transferring securities in physical certificate rather than book-entry form, thus causing a failure to deliver on a long sale within the normal three-day settlement period. A fail may also result from naked short selling. For example, market makers who sell short thinly traded, illiquid stock in response to customer demand may encounter difficulty in obtaining securities when the time for delivery arrives.*
http://www.buyins.net/tools/short_list.php?dys=1
I should have ended every response to all of my bosses in my life with this companies words, whenever I was asked when I would finish whatever it was they asked me to do.....
Mr............
I ......"anticipate," "estimate," "expect," "project,"
"intend," "should," "plan," "goal," "believe," .........
I can complete the project,job, or request..........BLA,BLA, BLA.....
Thank you. IMO I don't think it was the best way to inform shareholders.....saying "in March", if it couldn't be counted on.
That's why they tail-end every PR with the following:
This press release contains............
words such as "anticipate," "estimate," "expect," "project,"
"intend," "should," "plan," "goal," "believe," and other words and
terms
Thank you. OK...so something happened that prevented the originally stated "in March 2010" signing......
Does any one know why, or have an idea why , it has been pushed ahead to April?
The only thing I want to know, is since today is the last day of March, and the signing is to take place in March, can we expect a PR acknowledging this happened, or is yet to happen, by the end of today?
Is this still expected to happen?
Clean Coal Technologies, Inc. Signs Memorandum of Understanding (MOU) with Tianjin Tianning Coal Traders, Co., Ltd. (TTCT)
02/17 6:00 am (BUS)
The formal signing of the CCTI Technology Licensing Agreement is
expected to take place in March, 2010, and will provide for CCTI to
receive incremental license fees and royalties based on production.
TTCT
will be responsible for obtaining all necessary licenses, permits,
coal
reserves, and all construction-related costs.
The first 10,000 shares that are shortable are traded already.
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=regSHO&tag=Reg%20SHO&ib_entity=llc&ln=
IMHO, the fist Legs volume decides if certain "Gaps" will get filled....
For instance, refer to VSTNQ below.....it staged a first leg move up from .013c to .15c on HUGE VOLUME, leaving "GAPS" underneath that never got tested or filled.
http://stockcharts.com/h-sc/ui?s=VSTNQ&p=D&yr=0&mn=6&dy=0&id=p12674912738
CCTC had HUGE VOLUME on its first leg up too, and I suspect that it is entirely possible that the "GAP" at .04c could be filled, but my guess is that it won't because of the consolidation over the last 6-1/2 weeks and the double bottom at .10c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p26580432098
Here is another post about the "Gap"
Posted by: edurk Date: Thursday, March 25, 2010 2:57:58 PM
In reply to: None Post # of 9460
Once again...we have NO support underneath of us....
.13c is sitting on thin air.....there is no support holding .13c
I suspect that .10c -.12c will be filled over the next 4 trading sessions...until the next NEWS item is released....maybe then we'll get a NEWS item with more substance to it.....the STREET wants to see the word "SIGNED" in the Headline of the PR.....and, or $$$$$$, and the words Agreement, and FEES....etc.
See my post #8996......
I made reference to the need to fill the "gap".
I know. Me too. I made several posts about the possibility of the stock filling the "Gap".
There were some on the board who hammered me for making such a suggestion.
TA is Technical Analysis
Wasn't this info known in early Feb. ?
It didn't scare buyers who bought massively, and sent the stock to .42c
My intuition tells me that whatever it is that is keeping buyers attracted to the stock, and keeping it afloat here at .14c, is not going to be scared by the dilution possibilities the 10K has revealed.
I could be wrong though.......I 've been wrong many times, and will probably continue to be wrong in many instances.
My hope is that the market has already priced in the dilution factor as well as any good news that is on the horizon.
Afterall, that's what the market does....it factors in all the news....and looks ahead 6-9 months in advance....it is a forecasting mechanism...therfore the .42c recent high got there for a good reason....some people see value in the company and its stock price.
10,000 of CCTC are shortable
The following stocks are listed on the Reg-SHO watch list.
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=regSHO&tag=Reg%20SHO&ib_entity=llc&ln=
One "caveat" to my scenario !!!
I could be wrong,about the stock moving up today and tomorrow.
It could make another attempt to go lower than .10c, going under
.096c intra-day on lite volume and then stage a huge rally much like yesterdays, and end higher with a close above .15c
I say this because, I consider all possible scenarios that exist, and know full well that the market doesn't recognize perfect TA outcomes.
The reason I ponder the possibility of a lower move to .096c, is that the pattern of a Head & Shoulders, has always been in the forefront of my mind over the last 3 months, with the Left Shoulder being .075c, the Head being .034c, and the Right Shoulder where we are now. The Right Shoulder can sometimes come down to be equ-distant with the Left Shoulder in this Classic Pattern...and .096c was a resistance point on the left side of the H&S, which makes it a support on the Right side, and often times supports are tested in the H&S Pattern.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_b
http://www.thehotpennystocks.com/Learn-To-Trade/reverse-head-and-shoulders-pattern.aspx
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p63443013407
The Reverse H&S pattern is Bullish however, so if this scenario does occur, I am still Bullish, and would anticipate a move up to higher highs after the test of the low happened.
I totally agree with your assessment of the TA analysis !!!
The drop yesterday was "not bad", considering the volume was low.
Also, I did a little research this morning.
I refer you to the period of April 14, 2008 thru May 7, 2008.....
during that time frame, the stock had made a bottom on April 14th, or there abouts and then staged a rally...from there it corrected downward, in much the same manner that the stock has done over the last 6-1/2 weeks, forming a double bottom.....then, the stock moved up and then down, forming a Island Cluster Reversal just as it has done over the last 6 trading sessions.....then the following 2-days were sharp moves up !!!!
I am anticipating that Wednesdays move could be an up day to test .42c,( a bold assumption on my part, I know ), and then make a huge move up on Thursday, perhaps to .88c or $1.00 or higher than that. Beware...the stock should sell off on profit taking after that and lose 50% of the gains made over those 2-days, before resuming its move up again....a good time to buy again. IMHO
See the April 14th - May 7th 2008 period on the following chart....
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=2&mn=0&dy=0&id=p73721061704
Compare to current 3-month chart
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p91470410361
This site is still BULLISH !!!
Technically, CCTC still has a "Long Term Bullish Breakout" reading, so until the site posts a different technical reading, there is no reason to doubt the outlook.
Stay positive everyone !!!
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&mode=table&table=trend&num1=570
The way I read this, is that we're still in the first leg up of a series of moves up, and locked within a consolidation of the first leg up.....and the buyers and sellers are in a tug-of-war, trying to establish a winner , in one direction or the other.
The consolidation seems to me to have taken on an A,B,C corrective pattern.......
http://www.optionsoutlet.com/trading_technicals/images/improv25.gif
Seen here, the A, and C are the double bottom points inside this descending triangle, labeled .108c and .100c and the B is the .18c
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p34286284580
I think tha last 6-trading sessions might be the beginning move up of the second leg.
American Bulls says "HOLD" !
I don't put a lot of faith in this site, as it is not able to be right on its calls all the time, but for what it's worth, here's what they're saying at the moment.
http://americanbulls.com/StockPage.asp?CompanyTicker=CCTC&MarketTicker=OTC&TYP=S
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p34286284580
For me, I go with my own interpretation, and it seems to me that we have a 50/50 chance right now, in either direction.
I'm leaning on the side of "UP", because of the direction of MACD, Stochastics, Money Flow, and Trend, along with consideration to the BIG volume on Feb. 17, and 18th, and the favorable view that the CEO has painted for us, in regard to the signing, and its implications going forward. Also, because I have shares and want to remain hopeful.
Island Cluster Reversal Pattern !!!
http://www.smallstocks.com.au/technical-analysis/island-bar-chart-reversal/
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p34286284580
Over the last 6-trading sessions, CCTC has formed a possible "Island Cluster Reversal", in an uptrend !!!
This chart shows we did fill "Gap"
below.
http://www.windchart.com/stockta/analysis?symbol=CCTC&country=USA&cobrand=stockta
Yeah. We left Sat.a.m No Computer
to refer to news. I just paid attention to the volume over the phone. Since only less than 5 Million shares traded, I figured nothing important happened.
So, what happened?
Did the 10K give negative info that investors don't like?
Bullish Intra-Day Crossover, at close !
http://www.windchart.com/stockta/analysis?symbol=CCTC&country=USA&cobrand=stockta
Just got back from vacation. So what is up?
I see the 10K came out and the stock reacted negatively.
I also see that the "Gap" got partially filled on the downside.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p01878544105
We now have "Gaps" above us and below us.
Is the signing going to take place soon?
I can't spend the time going thru everyones posts, or the 10K.
Please help , by telling me what is now going on.
Thanks everyone.
I have found that stocks that have an initial 10-fold move on their first leg, or wave up, experience a second leg, or wave up which amounts to roughly 6 times the first leg high.
The first leg up shows conviction on the part of the buyers. They were all willing to buy heavily, based on whaever they saw as the underlying reason(s). They are the first time BIG BUYERS.
The second leg up, isa a combination of both the first and second time buyers coming in to the stock, so the stock gets a multiplying or pyramid effect.
Usually, the second leg up, as described under "ELLIOTT WAVE Theory", is the biggest, or tallest move up in the 3-legs, or waves structure.
The 2nd leg or wave up, is a accumulation of buyers who are hopping aboard the train that is leaving the station.
The 3rd wave up is the last wave, when all the doubtors and late comers come on board. The pay the highest prices for the stock, and are the ones that usually get burned.
http://www.optionsoutlet.com/trading_technicals/images/improv31.gif
Wave 1
The stock makes its initial move upwards. This is usually caused by a relatively small number of people that all of the sudden (for a variety of reasons real or imagined) feel that the price of the stock is cheap so it’s a perfect time to buy. This causes the price to rise.
Wave 2
At this point enough people who were in the original wave consider the stock overvalued and take profits. This causes the stock to go down. However, the stock will not make it to its previous lows before the stock is considered a bargain again.
Wave 3
This is usually the longest and strongest wave. The stock has caught the attention of the mass public. More people find out about the stock and want to buy it. This causes the stock’s price to go higher and higher. This wave usually exceeds the high created at the end of wave 1.
Wave 4
People take profits because the stock is considered expensive again. This wave tends to be weak because there are usually more people that are still bullish on the stock and are waiting to “buy on the dips”.
Wave 5
This is the point that most people get on the stock, and is most driven by hysteria. You usually start seeing the CEO of the company on the front page of major magazines as the Person of the Year. People start coming up with ridiculous reasons to buy the stock and try to choke you when you disagree with them. This is when the stock becomes the most overpriced. Contrarians start shorting the stock which starts the ABC pattern.