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I'm thinking the same thing. A little more strength and volume building in the last 15 minutes or so.
The only new news that's come out since Friday's small rally is this:
http://finance.yahoo.com/news/maxim-sees-major-upside-biotech-181224805.html
Although it's very positive, I doubt it's the cause of today's rally!
Something big is definitely coming soon! It's picked up where it left off on Friday and building again this morning on no news.
You have noticed I hope that we've made a new high for today. Pretty much makes Arizzle's point.
I do see your point and understand pullbacks after a big run up. But some pullbacks can be short and sweet on a stock that has strong upward momentum.
Why so negative all the time? You must be shorting this one!
Nice dip this morning. I just added quite a bit more at .77.
That's great news! Now they can start all over again in good standings with the Nasdaq.
I always use the 20, 50, 100, and 200 day MA lines on my chart. I was only referring to the 200 DMA as being recent support. And also holding support now for several days.
Thanks!
Hopefully we don't have to wait too long for more good news.
Earnings should come out after the market closes today. But then we already know the numbers on that.
This could definitely continue it's fall. Especially with an extended time without news.
I sold everything around .88. My average was at .68. I'll probably reenter again when it shows signs of coming back. Waiting for news.
I'm not sure what you're looking at, but I'm on a 3 month daily chart. 200 MA is at $1.12.
Higher highs, and higher lows. I call that an uptrend. Time to start moving back up again.
The 200 DMA is still holding nicely as support.
I think it's safe to assume there wasn't any special news at the Roth conference yesterday, or we would have heard by now.
Does anyone know what else is expected in the near future? Besides the earnings report that we've already had previewed.
This slow build up is certainly indicative of something coming.
If it can clear $1.40, it's pretty clear sailing until around the $1.70 area.
And I want $3.40!
Can't wait to see what they have to say at today's conference!
Thanks. It's amazing there are still people trying to short. I suppose it's the same thing as not selling before the price tanks too far.
These guys have held the short position way too long. Should be a nice short squeeze with the next announcement of good news!
Do you know of a site to see daily short percentage reports? I only know of the sites that report bi-weekly.
The bulls are strong today! Who will win, bulls or shorts?
I'm not counting on it, but it would be nice to see a HOD close today.
It looks like a little profit taking going on. All kinds of ways to make money.
Myself, I'm hanging on for a while for more!
Yes it is! It's like a spring all coiled up.
Over a half million shares just sold in 15 minutes!
What kind of time frame are you talking about?
That was a half million shares traded in 5 minutes.
Now we're cookin'!
I believe they're making progress lately in that makeover. I guess these things take more time. Especially when they have to deal with the Dov Charney situation.
I haven't given up yet. I have a feeling we won't go in the right direction when they announce earnings.
Keep talking! The share price just jumped!
Why will it explode?
I see Cytori is listed as reporting earnings before the market opens March 11. Although the earnings calendar is always changing.
http://biz.yahoo.com/research/earncal/20100312.html
Nice solid close!
Yes indeed! The spring is coiled tight!
Just added more shares on the dip. I missed the earlier one this morning. It might dip again still, but I'm good!
I know what you mean! The earnings could go either way right now.
On the other hand though, it's nice to see it's been consolidating and creating new support in the .90ish area. Better than falling back to the .50 area again.
This recent hiring is a very good sign to me that the rebuilding of American Apparel is still progressing. It would be great to see the online business improve. (Along with the currently poor website!)
I haven't seen the exact day, but earnings should be out next week!
Good to know. Thanks! I plan to sell more shares if we get another spike next week.
Thanks for all this great info Quiver-Full. I've been looking at the website and doing some DD on the company.
I believe I'm going to hold some shares back for a longer position to see what happens in the near future.
I sold some shares at $1.20 to lock in profits. (Should have sold more so I would be riding all freebies!) But then I may buy some back again if it retraces a bit under $1.00.
Nice call on the PPS going up in the last minutes before close!
Can we please get this guy banned if he doesn't show proof to this false news?
Guys like this is what ruins these boards!
You just took the words out of my mouth. I was going to tell him the same thing!
Buy big and profit on a run up!