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Agreed, positive things to come, IMHO. Finalizing those acquisitions would be nice & hopefully bring in more volume. With the O/S she moves pretty well with volume. I think the 10Q was positive-ish & shows progress with the transition from the old direction of the company :)
Thanks to everyone who posted their thoughts about it!
Go $BTZO
LMAO! BMSN
Just did, reading it now. What are your thoughts?
Run!
Hey Money, I don't have PM's anymore, but nice comeup in here! Looks good ;)
Lol, that's one if the reasons I checked all of them out...hoping one of them was involved in hemp...no luck this far.
Thanks for the tips & help!
Agreed, thanks for looking into them! I wasn't able to feel "warm & fuzzy" about all of them...but the majority on the presentation look legit.
Here's my amateur chart for tonight. As always, feel free to critique. I think we go back to green tomorrow...pushing past the .0038's with nice volume would be great! Go $BTZO & GLTA!
$BTZO Amateur Chart
? What's wrong with it? Did I miss something? It has been a long day, totally possible. :)
Nice pic Sib, lol. You may be right...and that person may have an large email subscription list? Posts about $BTZO on their board yesterday? :)
No worries...I wasn't able to load any more yesterday either, but I like your strategy about waiting until news comes out...unless they get too cheap around here, lol. We know what we own here, so GLTA! Go $BTZO.
Notice how the Bid slowly walked back up without any volume...
Checking out shopkika dot com, another acquisition in the pipeline. A lot of potential here...not just a clothing line, but also ways to customize your wardrobe & request consulting on it. More upscale, IMHO.
I'm not big into fashion though, lol. I still have to run this stuff by some folks. Some of these up & coming acquisitions look really promising though, on top of the 4 already this year! Go $BTZO!
Agreed, I'm not concerned at all.
I'm going through their "Investors Deck" again that they used at the presentation last month. On slide 21 they list a bunch of the companies that they say are in the pipeline. The 1st one that I'm checking out is "Inkkas" (a play on Incas, I gather), who sell handmade shoes from South America. I went to Inkkas dot com and they actually have a nice website. Shoes for men, women, & kids and the styles flow very well with what Sahaja offers (think SouthWestern & Aztec designs).
Their FB page also has a lot of followers (>60K) who seem to be active. The page also shows that they just had a launch party in Austin, Texas on 4/5. They have 1,807 followers on Twitter (to whom they are very quick to respond to & actually monitor their account). The shoes look to be at a pretty decent markip, as well ($65 a pair +). I think this would be a nice acquisition for Democratique...from appearance & without seeing their fins yet, but it definitely has potential. Someone has put some real work into that website as well, even comes with a live chat option.
I'll continue to check on the rest of the companies listed as "in the pipeline for acquisition", but just wanted to let you guys know. Thanks!
Thank you Alexander, I'm reading through some of your messages now, still gathering DD before I buy in. I like the potential here, but it does seem like it could take some time.
What's the best way to find the info that you just shared about the conversion? Any help or DD methods you can provide would be appreciated...I'm never too old to learn. Thanks & GLTY!
Heh, I'm not that good yet, but working on it. In my amateur opinion I think .0034 could happen this week with enough volume & is a good target. Looking longer term, this does look like a stairway to heaven. I was only looking 2 weeks back at first, and it's close to a cup and handle there.
On 3/6 she moved up .0006 on just 450 mill volume. As long as we stay under that upper bollie we should see continued growth. The day after we rise above it will most likely be red.
$MCET still looks very bullish. MACD is skipping up (stairway-ish), we're above the 5-200 MA's but still within the bollies, RSI, StochRSI, & Williams% are all mid range, & CMF still shows pressure hitting the ask. I see good support at .0019 as well, so she should bounce back on up Wednesday & should hit .0024...if she breaks that....look out :)
All In my humble, rookie opinion. For the record, I'm not in this stock yet...hoping to free up some cash Wednesday & get it. GLTA!
Hey Curious, I will give you the best answer that I can, although I am not a pro yet...and I'm not very good with brevity. The simplified version from Stock Goodies (link below) may be better though, although it doesn't include the full realm of fibs, just the basics :) It's also good, as every technical indicator, to use in conjunction with other indicators to get the whole picture.
Fibs = Fibonacci
Long-winded technical answer:
"Fibonacci price projections are unique ratios that can predict important future price levels based on past price action. Some of the ratios used are .236, .382, .50, .618, .786, 1.0, 1.382, 1.618, 2.0 and 2.618 [for the record .50 & 1 are not part of Fibs, but are norms for stocks]. We use “Price Swings” on a chart as “Pivots.” By multiplying the price difference between the pivots by a “Fib Ratio,” we can calculate the significant price levels above and below where the market is currently trading.
...
We use these significant fib levels to guide our trading. Using them as a trade entry, we typically will trade a REACTION off a significant fib price level as long as we include other Confirming Factors. But the fib levels may also function as CFs to bolster another primary trade entry signal."
Somewhat shorter answer:
Basically, it's like a law of averages based on the mathematical equation for the "golden mean"*. Very often, charting out these percentages from the highest high & the lowest/middle low will give you very accurate predictions on where the price will fluctuate & bounce off of. From what I've seen & heard it is pretty accurate & helps to forecast entry/exit points. For example, on the $BTZO chart I've been posting, if we would have broken the 78.6% fibs I may have sold as that would usually be a sign that it was crashing all the way to 0% fibs (.0015). On March 12th we saw it break below the 61.8% fibs but I wasn't worried because I knew it would most likely bounce off of the 78.6% fibs, which we did. I also felt confident in accumulating more stock once I saw $BTZO break 61.8, 50, & 38.2% fibs. If she passed the 23.6% & 0% fibs I will definitely be adding more becuause she should be off to the races & I would reset my fibs chart.
Quickie answer:
It's like knowing the points of resistance & support ahead of time based on mathematics & proven history, IMHO.
*Golden Mean - In philosophy, especially that of Aristotle, the 'golden mean' is the desirable middle between two extremes, one of excess and the other of deficiency
StockGoodies Fibs Video - Basic fibs
I also have a PDF document that Monkey13 put out that I use for fibs...a lot more technical.
$BTZO Chart - my amateur fibs on the left
Stockcharts doesn't have the full realm of fibs that I like (23.6 & 78.6% fibs included), so I had to manually calculate them myself & add them as separate lines, then label them.
Looks like a cup & handle forming on the chart to me :)
Stervc, nice to see you here, & glad you're in. I've seen you on a few other boards...you do some nice work! Maybe someday we'll get you on Twitter :)
Thanks for your post! Are you Ok with me posting this on Twitter?
Well hi Flex, nice to see you here! Chart is a beauty...we've got a few longs in here watching this thing move back on up! Is $BTZO becoming Flex approved? :)
I hope everything is going well for you. GLTA & Go $BTZO!
Ok guys, here's my Amateur Charting for 4/8 eod. All in all it was a great day, IMHO. A bit of a roller coaster, but good. From my amateur calculations we ended right at the 23.6% fibs...which we need to break through. We had some good volume today & I think this is showing up on more people's radar.
It will be interesting to see what the short report shows for today. I am definitely encouraged that she bounced back like she did, perfectly between the fibs.
Here are the 3 best options I see for tomorrow (if no news):
1. Break through fibs, .0038 resistance, & .0042 resistance. Green!
2. Bounce around
3. Trade back within the Bollies (slightly red, but healthy)
Again, feel free to critique my charting on comments, I truly appreciate any insight...I've got a lot to learn still but want to contribute where I can...as silly as that may seem, lol. This stuff is becoming addictive. :)
Go $BTZO & GLTA!
$BTZO Amateur Chart
Another walk down...? Ugh
Short attack now?!
WTF was that?!
Yes, we are at the 38.2 fibs from my amateur charting. If we can push past this then .0034 is our next resistance :) IMHO.
Go $BTZO!
PUMA shows 10K right now, then a couple of MM's @ .0029
Here it comes people....
Yo no lo hice, pero estoy empezando a entenderlo ahora. L2 parece ser otra máscara del cambio ... y la gente / acciones que intercambian de MM. Mucha fue un cortocircuito ayer. Creo MCET tiene mucho que hacer, pero la cura para el cáncer 485 es su boleto de oro, pero puede tomar un tiempo para terminar la prueba. Es wold ser agradable si podían conseguir el estatus de medicamento huérfano para agilizar el proceso enormemente. Sus conexiones con Pfizer son prometedores, así, en mi humilde opinión. No he comprado en el, sin embargo, desde que soy pequeño banco, pero tengo pensado en él una vez que consigo el beneficio de algunas otras selecciones Estoy IN.Este parece un juego de retención a largo plazo hasta que las noticias se rompe. Gracias por toda su ayuda hasta el momento, hay un montón de distracción en las entrañas de la OTC. GLTY!
Thanks! I've noticed that with L2 as well. A bunch of people saying "look at the bid support, we're gonna fly"...and then nothing, even on decent volume. Or the ask being "thin" only to be rebuilt again...or 10K blocks that don't move with even 100K of trades on the ask...then claimed to be MM's hiding shares. If they can "hide" shares whenever they want, then why would they ever show their true hand?
I've been trying to figure it out, but your suggestion makes some sense. The stock market can be confusing & volatile...let's create something that causes more confusion but makes them think they're getting a deeper look...and charge them a premium price for it. Makes ya think :)
...good point.
"Yes Alex, I'll take I'm overthinking it for $300, please"
:)
No way to see short selling real time?
Hey Many, long time :) I only have L2 on iHub. What's the best way to tell (if I can on here) if they were buys/sells. The colors can be misleading but I've noticed it before when I bought on a fast moving stock & it hit the bid (red) even though I tried slapping the ask.
Any tips would be appreciated, I'm never too old to learn. ;) GLTY!
9.5 mill ($17.1K) 10 mins before eod?
Glad to see everyone hanging in there. I have a lot of confidence in $BTZO. I've done my DD, done my chart work, & discussed with people. She'll run & she'll run good, IMHO, & I'll be there when she does...and it's not that far off ;)
We'll be able to look back at this day & laugh :p
GLTA!
Feel like I should buy everyone a round of drinks :) No need to argue amongst ourselves. We all have an opinion.
If you did your DD & want to stay in, stay in. If not, sell. It really is that simple to me...and less stressful. Know what you own, or move on. :) $BMSN GLTA!
That's the word I was looking for, lol. Couldn't think of it. Thanks!
*Stop Losses*
eod $BTZO chart for 4-7-14. I added some new technicals that I'm working on, feel free to critique as always. Not our best day, but I'm not too concerned. We need some volume is all, IMHO. She looks to move easily when pushed. I honestly think we will bounce right off of that fibs tomorrow & at least finish above the 50% line. Real $BTZO news...would be great.
It's the start of a new semester today, but I will be checking in here as much as I can. GLTA & Go $BTZO!
Amateur $BTZO Chart
Ok, I'm not the only that noticed that. I thought it was weird, but again I'm still a rookie. A lot of 10K share block sells...and those 1 shares are odd. Normally I would see another trade shortly after a small one which when added together made sense....but not with this one.
I don't know what it could be, but it seems shady. Testing for sell limits? didn't even sign into my account today though...not selling! Go $BTZO!
Yes sir, but we're not done yet! $20K is new goal...at $15.5K already!
Nice buy there for 129K, someone is smart & got in on the dip :) Go $BTZO! I'm running out if posts but will keep watching! GLTA!
Rough morning, huh? I'm still holding regardless. I won't lose $ if I don't sell ;) Still good technicals & fundamentals for this company. No worries here, go $BTZO. GLTA!
Agreed crazylegs, we're expecting plenty of action here this week :) go $BTZO! Welcome & GLTY!
Thanks Ziggy! Is there anything additional you can share? Good networking going on there? TIA for any help!