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Is trending strongly above the 50DMA NOT good?
IDCN 8x1 .0018/.0019
PARD was 8$ on 47 million shares and they suck now and bottomed out around a dollar.
its a lot better to bottom out at $1 than 0.01
its what they shouldve done last time. granted, they were right there at a dollar and results wouldve got them to $5 - 15 who knows. but imagine if they split to 4-5$?
was a bad tick. the .0018s or .0017s...i forget...went right at open and the bid was .0015 and then i watched it put .0015 as the low and i was like wtf?? oh well.. the .01 on this 5 year chart intraday was not a real tick either....its blue skies truthfully after .006 - .01...then who knows?
You are right Smitter, but you have to remember we always said this last time, and it never happened.
And also, the Reverse Split is something we want to avoid. If it MUST happen, then it is GREAT for share structure, but not before experiencing a ton of pain in PPS first. So, if the Reverse Split DOES happen...then it's just whatever, because that was the bad part. Everything from there is up IF they don't continue to dilute. And if they do the 1$ thing you talked about...well then that's still dilution after the reverse split, much similar to the dilution that brought us from 100M after the Split to 500M fully diluted.
Genta really, really needs to establish some sort of value with Tesetaxel. And Tesetaxel Fast-Track + approval to begin Phase III is NOT value. I mean, it is, but we've known about this FOREVER! Fast track is enough for a good pump....but Genasense had FastTrack and did no good for it. And Phase III? Anyone who doesn't think Tesetaxel will have their Phase III trial plans approved has lost their mind. How many Phase II trials have they done? 4? 5? I mean Tesetaxel results from all these trials have to leave the FDA saying something pretty damn amazing about their Phase III plans and what the trial could bring. And God I hope it's not double-blind. Then Ray can't lie.
welcome to the board...
what results..? the results that the FDA is going to say "OK...proceed to Phase 3"? yeah, that might get them to .30 if they are lucky to touch the 200DMA, but partnership?
Why would Genta dilute billions of shares if they had money from a partnership expected???
i've had a lot of weird things happen that have suggested june or by june... Cramer says gold will go up big in June because of the indian wedding season lol, that's one that is more tangible
i feel like IDCNs very best days will be in June
lets see it close at HOM
For the stock IDCN, there was news on 4/21/2010. MOMO, our board moderator, has so kindly stickied the news at the top of the message board. However, this is the only part of this website that shows the news whatsoever.
Here is the article: http://finance.yahoo.com/news/Indocan-Resources-Announces-a-prnews-3467231169.html?x=0&.v=1
If you go to the main IDCN page, you'll see that the most recent news is 03/09/2010: http://ih.advfn.com/p.php?pid=squote&symbol=IDCN
And the same with the IDCN news page: http://ih.advfn.com/p.php?pid=news&cb=1272033674&symbol=IDCN
I was wondering if you guys could please add this piece of news to the website? We have over 500 boardmarks now, and it is hard for investors to find the most recent news, when iHub directs them to 03/09/2010 as being the most recent article.
Thanks for your help,
Ryjo
Also,why isn't 4/21news article on ihub? only stickied?
This is ridiculous! SUCH low volume! So great :) "It should be further noted that the shares are tightly held by few shareholders and this may have the result of a sudden increase in the price of the security and the same is true if the security is sold, it may result in a sudden drop in the price of the stock."
yeah definitely should break .0023 imo tommorrow..can't wait for news from this awareness program!
ULTRA LOW VOLUME
Anyone think PR today? Awareness program starts 4/22/2010
"there will be an all encompassing disclosure statement tomorrow and then a series of news releases and other media employments."
Great video, heres what i like about CMO
"Another approach is to trade a security when the chande momentum oscillator has reached extreme readings. Extreme readings are an indication that a strong trend is in place, and traders will add to their positions on any minor corrections."
.003 - .0033 imo
to .0075 we go?
that email from IR is technically insider trading if news doesn't come out by 9:30. unless the email isn't real
How many shares of IDCN does your group own now?
confidence my brotha
LOL no I'm not.
volume really picking up eh?
I believe April 26th is the day the proxy goes out for reverse split voting. so, if they convert and sell before the proxy, those shares won't be in the hands of dirty financing anymore. genta needs them in the hands of dirty financing, as they are contractually bound to vote FOR the reverse split, since they make up way more than the 66.66% of votes needed for the reverse split. once a shareholder of record by april 26, then they ensure the split vote, and can sell if they want
Probably because one of their last PRs said that they will update us regularly and begin doing that no later than May??
xbigshot1, the volume on your chart is wrong. It was like 80 million, not nearly as high as what it says in your video at 350 million.
MOMO, is there any way that we can find the Buys/Sells since Feb 5th?
the scary thing is that i agree..i'm glad to finally be apart of one lol i thought at times that i'd never get one right. after getting your first one, then you can invest in 10 different ones and hit 3 and miss 7 and still profit.
it's still amateur hour...and .0017 is 50dma
this is going to be an incredible move when news hits. as long as its good news anyways haha. the chart knows. and i haven't been in the game long at all but this is one of the strongest pennystocks i've ever seen technically....for the past 6 months anyways.
IDCN bid stacking and ask hitting
There is a illiquid something charge on IDCN so scottrade doesn't trade it. ive got it written down somewhere. they actually put in a buy for me and i got it at .002...opened next morning went to .0028 and they took my shares away saying "sorry it was done in error"
ive since left for ameritrade. this was that day of that run from .002 - .0026 in march 8th i think??
so i had an order for 116k shares in at .0024 from 11:19 when ask moved to .24 until 11:39 when it fell. like it took 20 minutes to fill..yet two MMs on the ask...
why is that? what does that mean?
yeah seriously, you totally skipped over his question...who told you this? who are you quoting when you say these things?
What's the name and number of the TA?
nice painted .0026 close. Good that it wasn't.0027... how else are we going to establish .0026 as SOLID SOLID support??? two days ago open at .0026, and those other two days in early march it closed and opened at .0026.
.0026 is the new .0023!!! and .0023 is the new .002!!! we are moving up guys...this was a consolidation day, and it touched the 13 at .0022, and not even the 20 at .0021. very bullish, especially to close on strong support. it looks too good to be true but man, it really is just that good. can't wait for news....it'd be cool to see .005 before it though!!! i think we can make .003 good support by the end of the week, without news.
ah very good thanks :) bid stacking soon imo
whats dz1 mean? im sure it means .0010s but what does dz stand for?
dilution now. RBCM on ask @ 0.135