lol... EOM

what do you know of my track record? you have no idea...

I prefer to sit back and offer my predictive expertise...


trading while not working = Risk.

I think.

No, I have a life. I do not sit in front of a computer all day... best to take a step back.

you should go out and play frisbee or something.

I disagree with you because of the following reasons:

- the general dowmward trend of the market, especially for a financially troubled stock like this, os overwhelming. The current upward trend is just a blip. it happened on the last chart jag as well.
- too much downward momentum yet, there is no way it could bounce rigyht back up to 2.50 or 3 as you are suggesting. The best you could expect is a double bottom at a.50 or so.
- and.. i forgot,. oh yes, it is a POS.


i would make a friendly wager, except I am not sure what we could wager... any ideas?

stocks always lag in their response to these things. It is one of those irrationalities that one grows used to. As a comopany does what it has to do to become profitable (cost-cutting), the investor does not react immediately, in fact takes it as a negative sign. Stock price goes down. There is a reason.. cost-cutting costs money in the short-term (.. yes that is right) in the short term.


No point being smarter than the average investor. Rely on their stupidity. You are being too smart for your own good.

Once again, my predictive powers prove faultless. TWB is simply executing the jagged charting pattern I was talking about. Nothing to get excited about.....

I think everything is improving... The job market is not too bad. I know, I am in it.

I had a relative pass away before Xmas. It was very sad. His eulogies made me realize that... when you do pass away... whoever shows up is one measure of you... and you will not care... but if only you could see it...

sigh..

Forget about your youth... focus on your new maturity and seasoning...

I can't buy at any of these stores. I am to much of a Big Guy. Tall Men's clothiers only...

sigh...

If this recent rise caused it to regain compliance, then it will fall back again. Was a speculative rise. Poor financials will drive it back down.

I was trying to spark friendly debate... this thing still does not meet my criteria.

stocks are never 100% predictable based on either a technical or other approach. My technical analysis was correct, but stocks only obey the charting "rules" or behave according to patterns maybe 60-70% of the the time. My comment was from a technical standpoint. I still would no do anything based merely on the charts, as a myriad of books advocate. The chart is merely a confiormation of timing.

The markets seem to be upward, happier these days..

good for TWB and dweebs everywhere.

brilliant strategy eh?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36934517

As usual, my predictive powers are second to none.

Congratulations everyone....

Interesting pattern today. Took a big dip in the morning, but if I had to say anything about the chart, it seems to be executing an upward-pointing ">" pattern. This would indicate an upward breakout imminent. Interesting selloff this morning though.

sell some to ensure a profit!

we are talking about timing, nothing else.

Maybe I am just not thirsty.

Just ignore Rawnoc Mike. He does not know what to do with himself today.

Good point. You are right. Here is my perspective. When I first started doing this, I naturally figured that when a company did the things that were necessary to turn it around in a recession like cost-cutting and changing management, that the stock price would reflect that, for the reasons you are saying. I found that out not to be true. Why? An imperfect market, and investors driven by their emotions. So one must take that into account when trading. The key is patience.

Take for example Bombardier coming out of the last recession. Put ourselves in 2003-2004. Bombardier (BBD.A - Toronto) is a blue-chip stock that had seen $70. A bellwhether. It started doing all this cost-cutting and had some management changes. It was then at $5 - $6. You would think that investors being rational and the markets disseminating information equally, that this would signal a bottom. No way. That thing got down to $2.50, which coincidentally was it's most recent low as well. So the very things that you would think would turn everything around in fact don't for a year or so. Part of that is the costs that such cost-cutting involves (on-time expenses such as severances, etc.). The other factor is that the market just does not see it as a bottom.

Likewise here. We have not reached the bottom. That is just what my experience tell me. Patience is the key. I am not talking about buying then waiting, I am talking about waiting, then buying... wait a few quarters.. buy in the fall (seasonal low).

what about looking at this thing from the standpoint of the P/E ratio (or the lack thereof).

You think that it is going to go higher than $2.50, where it is trading now? Any stock price has to be justified by earnings. This thing lost .04 last quarter and .14 on the year. The current stock price would only be justified by .25/share on the year at a P/E of 10/1. They are nowhere near that.

The thing is, and this is the reason why charts are important, it takes time for any stock price to get to a price point where it reflects the true value of the stock in a recession. It simply takes time to get there. That is why the downward movement we have seen has momentum.

Are these product/ brand developments going to be enough to get this company to .25/share over the next couple of quarters? I think not. If that is the case, it is bound to go down lower, perhaps to below $1.00 even.

have you seen "Knowing" yet? Good movie. anyway, I have this sudden urge to scratch some numbers in to my computer table with my fingernails... later.

so did I. Charts have their place though. I don't believe those silly books that profess that you can get rich from watching any indicator, be it the RSI or the MACD or anything. But they have their place. There is no foolproof way of predicting anything.... hindsight is always perfect.. but they have their place.

In this case:

$2.50 - 3.00 is a resistance level.


it is firmly in Overbought territory.

after the last year of downward movement, driven by earnings, which has the most impact... there would have to be a double or triple bottom before you could be sure. I don't think it possibly could be upward from here without touching 1.25- 1.50 at least once more.

OK. what is a tween? I assume it is teenager of a certain age.. maybe someone who is "between a teenager and an adult? like 18-21? just asking.

Like i said, I do not know of these brands and the potential market for them. Any company needs new ideas, brands, contracts. This is true in hi-tech as well. But what people fail to realize is that in hi-tech, that "news" or sales pipeline must be there just to replace business that has already been closed out and completed, delivered. Likewise in retail, these stores need new brands to replace the older brands. I is hard to say whether or not that will have a substantial change over the longer term.

Every company takes measures to turn things around. If I compare this time period to 2004 or so... I found that these measures (cost-cutting, closing stores) while seemingly good on the surface and of long-term benefit, really were not the inflection point for the stock. I would say give it another year for retail to really recover.

As for the chart, you are right it has been ascending since early March. That was my point. This the latest in a series of jagged upward moves followed by collapse.

I looked at what events may have been driving this. May, August, and November 08 were earnings-related. That is pretty obvious. To me, that indicates a momentum which will not turn around quickly. I would think the best you could expect is flat-lining. The early January fall is the only cycle not related. But, it clearly establishes a pattern of 2-month cycles.

Early March coincides with a bunch of really negative news about store closings. The stock has rebounded nicely. But, my expectation is that the poor numbers will take over soon and the stock will have another fall, perhaps to stabilize somewhere. The recent earnings announcement, while being poor, was nothing compared to the negative news of early March, so some speculators and value buyers have come in, seeing an opportunity. They will take some profit soon enough and this thing will settle. Then it may be time to buy if the pattern repeats itself.

IMO IMO IMO IMO IMHHHHO

what about this approach:

check out this chart:

http://investorshub.advfn.com/uimage/uploads/2009/4/5/incjcsc.png

In looking at this, the jagged pattern is quite pronounced, but the stock is clearly bottoming or stabilizing. The "bottom" would be where the jagged pattern more or less forms a bottom over 3-6 months or several cycles. Given where it is at and the season/ timing, we may be there. If that is the case, then what about playing the jags? The Money Flow indicator correlates well with the movement. Not quite predicting, but good enough. If the current pattern continues... it will fall again soon. Perhaps back to the same level it was (1.20 - 1.50). Wait and buy then, then sell when it goes back up to protect yourself.

So you say a fool and his money are soon charted... where have I hard that before I wonder? Well, I must say that the chart is one of about 4 or 5 criteria I use in a buying decision and is critically important. There are a million books you can read on charting that profess that the chart is all that matters. I think not. But, it is an important criteria. Everything you do should be in the context of the chart.

But there has to be other factors which are ultimately more important. Like, in this case, your faith in a particular product or brand.

Me, I am not a retail guy, so quite frankly I don't know about these products/ brands. But, I do know this is a retail business and retail is getting killed. Maybe Brand/ Product does not matter in this environment. Maybe it is not enough to turn the tide. I seem to remember another retail company VBDG, that was supposed to have killer products. Check out that chart.

Anyway, I prefer to work in hi-tech, where the "killer app" product really does matter.

Just my .02. IMO. IMHHHHO. hohoho.

Wait for the next fall, watch the MFI. Buy at the bottom.. sell at the top.... last time would have been 100% return if you were good.

Hello out there. You know.. been looking at this stock. Not sure what you guys are all excited about. The spelling of this thing is pretty close to "dweeb", which about describes any investor who would buy it right now. The chart is poor, just doing a jigsaw pattern downwards. The latest upswing is nothing more than the latest jag. I though it was a bit upward chart at first, but when you look at the bigger picture it is nothing but a continuation of the same jagged pattern.

and the earnings report is lousy. Poor. Nothing to get excited about. Another struggling retail company getting hammered and just starting to cut costs..

yawn.

I am just starting posting here. I thought when I first looked at this that this one had a bit more tanking to do.

More importantly, that Nancy Duitch is HOT. Reminds me if a certain woman who was supposed to be Vice-President. Now how well did she do at that...?

have a good day.

Go uwki go.

I was trying to be "sibncere". Is it that bad down there what with the GM/ auto industry thing? It is bad here too.. we supply Michigan with auto parts. They don't call it the Golden Horshoe for nothing.

GO UWINK GO.

or is this more about uWink.?

Brian! How are you? Long time no chat... It is so nice to get your usual intelligent well-thought-out input on any and all topics. It is nice to see that someone can be so positive, objective and such a genuinely uplifting poster.

Keep up the good work and I sibncerely hope all is well with you!

Go uWink Go.

The Money Flow Indicator predicted this (upward) movement somewhat, but in looking at the Bid/ Ask, it does not look like this price (.02) will hold up.

check out this chart:



This should be a direct link to it :

http://investorshub.advfn.com/uimage/uploads/2009/3/30/mijgrsc.png

the restatement was supposed to be minor as you yourself discussed....

I must look up this nostradamus guy.


from Rawnoc's post #399:


Probably not a biggy -- looks like a basic accounting discrepancy snagged by the auditors for a single contract. Could be the deferred revenue entry mentioned to be recognized in future quarters:

"we had $1,482,437 in deferred revenue to be realized in subsequent quarters."

"This deferred revenue is derived from our long term advertising and marketing agreements which further illustrates our clients are satisfied with the results achieved in our programs. Our advertising model is unique in the industry and we are building relationships with investor and public relations firms that refer us long term clients."

Could be a single client's contract within the $1.5 million expected future revenues. It might be substantially immaterial. We'll know more with the amendments.

I knew it... my nose smelled something like this... there was no other explanation for the downward slide...

well... some time back someone on this board offered to give me some BJ. And I assumed he was male (could be wrong). Anyway, I referred him to the Jarvis street district here in Toronto,where I figured he could find prospective customers.

Or else he was talking about a stock symbol. I researched that as well.

I have never heard of a fish taco. Sounds disgusting.

this?

You got this in an email about uWink, from uWink? That is probably because the management team has changed. The old team is now with TapCode. They have a new team to replace them, likely making much less money...

that is synonomous with them having no CASH.

life or death of what? a couple of restaurants can run break-even indefinitely, especially if they are kept alive just for PR for something else and to test buggy software that annoys people trying to enjoy a greasy burger.

Now if you are talking about the software company..t hat is a different story isn't it? They ran out of "cash" just prior to this de-listing process. In fact, it was the reason for the de-listing.. wasn't it?