That explains yesterday's and today's shenanigans.

I finally finished loading the boat -- it's a small one, but I plan to upgrade at the next docking.

A handful of MMs overwhelming the ask... every time I've seen this on other stocks, there has been a REG SHO violation to follow.

Right on the August uptrend line, 0.031 should be a great purchase. It looked to me that MMs were playing games holding down the ask from 2:00pm to 3:30pm and after 3:30pm, it didn't seem like many were willing to take a chance hitting the ask.

I *really* want to hold 0.03s, but I have a small buy in at the 200 MA should we head lower.

I had GC on Tuesday - Wednesday also.

Not one poster claiming this has called to verify and posted any contrary information. Go ahead and call yourself then, I double dare you.

Nope. At the bottom of 3 day head and sholders, August uptrend holding. At the moment, we are fine.

oo, ooo, I do!



last post :(

Thanks for your perspective. I'm very curious to see how things go Monday; I have some mixed impressions about the chart but as long as we hold our uptrend channel, I'll be content.

For most, I don't believe it is a question of speed as much as it is about sticking to deadlines and divulging accurate information. These are not necessarily related to how quickly profits will arrive, but whether or not the board is credible and responsible.

Personally, I don't have those concerns, but I can see where others do. I like every thing I have seen about Tom and every time I've considered closing my position, I come back to his desire to protect the shareholders. This was evident both in the previous buyback and the sale of non strategic assets rather than dilution. I'm not worried about Tom or the 8K, but I'd sure like to keep a pretty chart in the meantime.

This was a bit more substantial than normal profit taking, but we're still holding our up channel, so I'm satisfied enough. I would really like to see an 8K before Monday's open or a PR verification of the completed vote.

I thought the PR before the 8K release was suspicious. Why not release them simultaneously unless one wants to create hype before the release? My position there is very small, but I wish I had rolled it over to SWVC after their run. All afternoon, there was a voice in my head saying that the dumb ones were leaving SWVC to chase the other stock and the smart ones were taking profits from the other stock to get some discount SWVC.

Some day, I'll start taking my own advice.

I agree; I have a bit of both, but I like this basket much better :)

I think one thing that is hurting us is that "the stock that shall not be named" received a PR about an after hours 8K today. I have a feeling some money left here for there. I apologize if this was already posted.

Well, there it was; about 4.5M. Look for support at 0.043 followed by a retest of 0.0475.

:) I was more confident about 0.046 yesterday than 0.062 today, but we're looking pretty good so far. Looks like another glancing blow on the 15 minute MACD and 15 and 30 minute stochs heading for oversold. Triangle forming with horizontal support and uptrend crossing downtrend at about 12:10pm, so, unless one of those support or resistance lines breaks before then, we should see a sizeable volume spike, probably on the order of 4 to 6 million within a matter of minutes. The intraday chart is more biased for upward movement at that time than downward.

Edit: Nevermind the glancing blow, has now crossed, though softly.
Edit 2: Looking more like 12:20 than 12:10.

I'm pretty confident we'll see 0.062 today.

That's how intraday breakouts nearly always go.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22339897

Fib support today at 0.0477, 0.0465, & 0.0433.
Fib resistance at 0.0625, 0.0678, & 0.0726.

If we hold 0.0477, price target is 0.0726.

Next fib level is ~0.062. Should hit this today.

I agree.
Good thing we aren't pink.

I think so too: .15+ possible, .10 probable. I'll be plenty happy to see 0.06s and 0.08s and evaluate from there.

Destiny. Here's a simple chart to illustrate the larger channel I spoke of earlier. The large volume spike is just what we've been needing -- I'm expecting a 150M volume day before this next run is complete.

The center indicator is one of my own creation that attempts to detect highs and lows outside of normal volatility. Its buy and sell recommendations are indicated as B and S on the chart -- as you can see, it's had relatively good success with SWVC.

A price decline from where? Lower than 0.046 or tomorrow's HOD? Toss out a number and let's see how you do.

<<Tomorrow will be a high volume day ending in a price decline.>>

High volume tomorrow is a no brainer.
Closing below tomorrow's HOD is hardly significant.

Nothing worth marking, perhaps I misunderstand you?

I said the same thing about 0.037; I wonder if newtrader is still long.

My primary target has been 0.046 since October 1; fib breakout target now reached. If we establish support here, 0.054 should be up next -- I'd be surprised if that were today, but anything is possible with SWVC.

Hehe, thanks abby, but don't give me too much credit -- just reading the tea leaves.

Strength. I really like this intraday chart! The 38.2% retrace of today's run is holding well, SWVC usually breaks this to test the 61.8% retrace, so I'm very pleased with what I am seeing. A negative crossover on the 10 minute MACD (a near certainty on intraday breakouts) often results in a sudden and noticeable dip, but in our case the cross was shallow with almost no visible effects. The 15 minute MACD is looking to be a glancing blow with little to no crossover. So far, we're looking very good for 0.0457 on a second run this afternoon.

Whatever happens today, anything over 0.035 is good and anything over 0.037 is great. Congrats, longs.

That puts intrady targets at 0.0437 and 0.0457, respectively. So far, looking like 0.0457; just shy of my 0.046 aspiration.

Intraday fib support at 0.0372 and 0.0352.

0.042 is where lowtrade has resistance pegged; I'm betting on 0.046

The beautiful thing is that we're up 25% on 11M volume; I can't wait for another 100M volume day.

Holding a much larger channel; I'll try to post a chart later -- I have my 10 month old in my lap atm.

Is this what you're referring to?
http://www.generalhydrogen.com/news_company_2006_03_06.shtml

Just placed one at $1.01 with ameritrade.

That's what I was going to say... it's almost as if he's...emotional. <gasp>

lol, quite right, thanks.

I "believe in charts".

thst was never supposed to happen according to the charts

Hmm? where did you hear or read that?

I had expected a bounce at 0.0043 -- IIRC, so did Dr. Pennystock, so that's at least 2 of us. I bought progressively at new support up until 0.05.

I certainly wasn't sure at 0.0043 that it would go back to 0.065+, but fib retraces certainly put it on the radar. My TA said sell at the loss of the uptrend at 0.04, but I didn't lighten up until low to mid 0.03s. I have most of it back in the 0.02s now.

I also had a bounce at 0.0166 (a GTC I regrettably canceled for a play in the stock that shall not be named -- I purchased SWVC at 0.022 on the way down instead); I wasn't posting here at the time of the 0.0043, but the 0.0166 is in my post history.

The next run will be larger -- 0.10 to 0.12 at least. For an appetizer, we're going to 0.0375, 0.046, and 0.054 as soon as we get some volume.

Price action looks great, but we need some volume. 5D Volume MA is at ~11.7M; I'd like to see volume around 20M on increasing price to get things moving.

For those of you wondering why many were excited about the filings last Friday, here is the reason.

Currently, the intraday chart looks more bullish than bearish. We have been consolidating from intraday overbought from the opening run and are now oversold. We have an intraday flag/flagpole; if we hold 0.029, we should be good for a run to 0.0335. I've also got fib levels at 0.029 and 0.031, right where we've been trading; it's very common to retrace to the previous.