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I would welcome sideways movement for a few days. I won't have settled funds 'til Friday and I need more shares!
I can totally see a massive multi-day run starting tomorrow. Probably break .10 next week. I'm not gonna get crazy and start calling for quarters just yet but .10 is definitely gonna fall pretty quickly.
To me it feels like the momentum is starting to shift towards the bulls. The pendulum swings...
I have TD Ameritrade and CSTI was my MM today too. Both on sells and buys.
It's been nerve-wracking to say the least but I'm betting this thing recovers. I see this popping soon.
My best guess is that your statement isn't accurate:
"My best guess is that there has been dilution." -- I-Glow
Volume too low for dilution, Mr. Glow
Actually, I would like to know what your predictions for this week are considering the comment you posted a few days ago about pending FINS:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86554915
2 trading days ago (Thursday) this thing hit .054 but there has been a massive sell off. We've dropped 2 pennies in 2 trading days. Point being, it's already dropped a bunch so, IMO, a bounce is coming. I'm looking for news tomorrow. 'Suppose we'll see...
Without news it will undoubtedly drop again tomorrow as the bears have done a fabulous job of instilling fear in a lot of investors. It will turn around at some point but predicting when that will happen is anyone's guess. Now if a meaty PR gets dropped prior to the opening bell tomorrow then the chase will be on and there will be a lot of short positions that will need to be covered.
I think if you do that then you will definitely sell at a loss and then you'll be chasing which will drastically decrease your share count.
Not on 10 million volume. Obviously major buying has dried up until some real substantial non-fluffy news comes out.
Who is chart boy? Sounds a little snarky...
I can't say I blame you, but as soon as you sell the stock will pop. It usually seems to happen that way.
I have a feeling this early morning dip will not last long.
That would be nice. I'm a little light on shares myself and would like to get as many as I can before BOOM time...
Well said, man. Coudn't agree more.
Nice chart. I totally agree with your analysis..
My gut tells me that we probably dip into the low 3's tomorrow. Long term this thing is gonna fly. I'd love to see some substantial pre-market news. Go SKTO!
Was he in favor or opposed?
Man, you're so awesome. So is SmarTrader. You guys rule!!!
I've been a big supporter of Tranzbyte Corp but I am now questioning this one. I'm losing hope, but I suppose it's always darkest before dawn...
Go 4 it
Guys, what the hell is going on here?
With all due respect, because I respect your DD and very much appreciate it....it's not the MM's doing us wrong. It day traders and ZERO news on low volume days. This will fly on news but until then, I guess we're at the mercy of the flippers.
Same pattern for the last few days. Morning Dip, Morning Rise, Dip again...Rise again...painted red. Hope it breaks the pattern today and rises like the Phoenix that it is!
without news we're gonna have about 5M in volume today. Hold the price per share
The quarter ended 3 days ago.
For those interested, CSTI who as we all know has been controlling the action on the SKTO ticker lately, is a Canadian investment bank called Canaccord Genuitiy.
http://www.canaccordgenuity.com/en/
This is amazing work. Just, Wow! Thank you for this info.
If all of this that you have laid out turns out to be true then this is so huge.
Very nice first post. Kudos!
If CSTI has it his way it's gonna be a red day.
I wonder what the gap in the morning is gonna look like after this insane rally...
Something's definitely up. Excited to hear what they've got for us...
What's up with this CSTI clown?
Glad to see you've joined the good guys :)
yes'r
March 31st is Sunday (Easter) so probably not then but I'm bettin' sometime next week.
me too, 0001. I don't want it to go too high today. The lower the better for me!
Looks like we break a dime next week..
I think Monday or Tuesday there will be some news, but it will continue to slide until we hear something.