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The financials of "our competition":
http://finance.yahoo.com/q?s=PCNH.PK
Note the EPS and market cap.
LGOV chart worth keeping an eye on:
Boom and Fashion:
Here is a chart for the day. What it indicates specifially with the aroon 8 is that the strength of the down trend is weekening. You will notice that the ADX is moving to confirm this as it is at around 20 showing low volatility. In addition the DI+ is now above the ADX and the ATR is decreasing. Further support for a bear that is getting "tired" so to speak.
The fact that the postive line on the aroon is still at zero indicates there is little pressure to increase the ask, however the negative line is loosing steam. This lends credence to other other T/A posts that the support at this time has settled into a nice comfortable $0.23 range.
Satellite Phones:
If anybody has ever seen or used a satellite phone they understand that it is not a complicated nor bulky piece of equipment. The size of the device is relatively small and when compared to the techonolgy that is being utilized in navigation systems it is possible to have a device that is small enough to be useful as well as maintain the needed signal.
Some of the posts here are relatively trivial when discussing the coverage and power issues as there is an entire ancilliary industry to support it. The speculative nature of this discussion is not only uniformed, but irrelevant as the support sectors will no doubt make a play to obtain market share once the stratellite completes testing. Rocky's numerous posts on Access 5 indicate the beginning of the regulatory support for this market.
hip, hip, hooray!!!!!!!! eom LOL
Welcome to the board "Trade". This has become a real good forum for all of us to bounce information off of one another. Glad to see you to add to the mix!
John
SSTYE Chart:
I really don't see anything immediately concerning. Everything honestly looks very good. Although you can't predict when profit taking is going to occur. The recent run is approaching the upper BB. Between now and then I would expect profits to be pulled. If that doesn't occur I would fully expect it once it trades above the BB reguardless of what the rest of the chart tells you. You have "three soldiers" and a fourth or fifth are relatively rare because of the tendency to take profits. However, today's candle indicates heavy pressure on the ask which means that the desire to take profits was not present in the market today and could lead to another day of increases.
Good luck in whatever decision you make.
John
Here is some penny stock hydrogen fuel company's that I am doing some research on. Just wanted to give you guys a heads-up in case somebody has already checked into some of them.
HYGS
IMCO
MAG
MHTX
MKTY
MCEL
PFCE
SGG
STG
UQM
~John~
This is a good discussion on the Discovery piece and helps to try and put together the pieces on the construction progress.
I believe that the Discovery channel coverage was done after the public viewing. It only makes sense to take baby steps to convince the FAA that GTEL is making calculated steps in an effort of good faith to produce a vehicle that is worthy of certifacation. Judging by the information Rocky has posted it appears that GTEL is setting the first and possibly gold standard for certifacation of a HAP.
This project is in very good hands. I am fortunate to have seen the Discovery channel show covering SpaceShipOne. It was absolutely incredible to see the speed at which those engineers made changes to resolve problems. Yet it took many weeks to resolve them. Whatever decisions that the company makes as to where and when the testing will begin is in the best interest of the program. I am confident that the considerations of those decions will assure success!
Doc
Thanks Bill. You have convinced somebody else to become a new student as well.
John
There are some of us ezey that believe that the anticipation of the release of the 10q was going to draw this type of interest at about this time. The bottom began to form several days ago, but the T/A was inconclusive until this week.
The MM's play this game every day. See my other post earlier today for evidence.
Today's chart:
Definately a good beginning to a possible reversal!
I would expect authorization of up to 2B shares from the current 1.3B. Followed by a three for one reverse as soon as the subscriber base picks up and the insitutional investors to hold thier preferred shares until the share price increases in a few years. Just a guess on my part but $1B in debt is not easy to get rid of.
I agree. eom
LOL. You brought up the Stern roadshow first! That is another reason I switched to SIRI. I think the market cap will reflect who investors will believe will win the fight.
The WSJ ran several articles earlier in the month describing the different business models. It is very clear how they differed in thier approach.
XMSR had a basic line-up and focused on the aftermarket installation equipment and manufacturuer equipment. The fluff with the paid programing was secondary. SIRI however employed a completely opposite business model. As a subscriber I could care less what is the latest and greatest gadget to recieve the service, I care about the content! SIRI is making big moves towards resolving the aftermarket and manufacturer equipment side of the business and I believe that is how they will benefit. They focused on what matters, content. And it was a "duff" move on thier part as XMSR energized to manufacturers first at the sacrifice of capital to gain content.
I agree. I subsribed to XMSR. I will never go back to regular radio. However, I am a huge sports nut and when SIRI started lining up the contracts I switched over. The other programming line up is very much comporable.
I really see SIRI trying to create niche's with the addition of NASCAR, professional football and now Martha Stewart. I have read there is rumblings that they will attempt to take professional baseball from XMSR in two years. If they are successful this will be a Comcast vs. TimeWarner battle! I could see SIRI going to $20 within two years easily if they can turn thier subscriber base and defecit around.
SIRI is another company that I look at with O/S shares that says, "it doesn't matter if the business model and sector marketshare" is good when comparing to GTEL.
Sentiment of the market looking towards fundamentals with the economic slow down. XMSR started diving a couple of weeks ago. SIRI holders should have taken notice when they did not rise. IMO.
Have a great day! eom
Lowtrade, important!!!:
If you were going to follow through on day trading using the ADX. The MM transaction is going to scew your charting. Look at the candle to see the long wick. That transaction widened the gap eventough the ADX is rising.
Here's one formula that completely screwed up "lowtrade"'s theory on using for day trading thanks to the MM's: the ADX. The divergence is huge and would not indicate anything during intraday. Lowtrade on the T/A board posted yesterday that he was going to day trade GTEL in this session using the ADX. I hope he is charting frequently if he followed though!
I agree with you Steve. There are many events that could be tied to the 10q: positive update on the planned roll-outs, continuation of the profitability reversal, delisting of SNWR and AMEX approval.
I'm a little hesitant to swing during the next three to six weeks. With the timeline being vague on the strat project, I don't want to be caught not holding if a surprise PR comes out. I'm viewing the next several months as being a long, drawn-out January and February run-up.
This is only IMO.
I read the same WSJ article grapes. It reinforced in my mind the importance of 100% reclamation.
I have the same opinion about those transactions Steve. I've been really evaluating the T/A formulas on the number of sessions used and adjust my charting accordingly when I see those long wicks.
You're not paranoid on this one, just intuitive.
I'm going to keep your "tiger by the tail" analogy in the back of my mind the next time I hit a good run.
It is down about 25% so far today.
I agree and the T&S shows it!
Same pattern as yesterday? If anything else it may make (no pun indended on "MM") for a positive close. More interesting candles for Wize! lol
Chart for those holding SMTR:
Here's a one month chart. Two things that I noticed. First of all that trading is above the BB. Second the DI+ has now crossed below the ADX. However, the ADX did rise to confirm the DI+. The aroons indicate new highs. If you count the tick on the aroons currently and compare to the last break-out, you may be able to get an idea of how long this bull can last.
Good luck!
Dawg:
The aroon, in my opinion, does not show any particular strength in any direction. The best indicator of a possible reversal is the ultimate oscillator. The sell signal was generated on March 28th when the stock hit a new high and was not supported with a new high in the ultimate oscillator. In addition trading was outside of the bb. This bear will persist with the earliest indicator of reversal by the ultimate oscillator crossing 50 either above or below. I would keep my eye on that indicator as well as a pulse on what is going on with the company to try and predict the likelyhood of a reversal.
http://stockcharts.com/def/servlet/SC.web?c=LGOV,uu[m,a]daclyyay[db][pb50!b75!d20,2][vc60][iUya7,14,...
Sorry about not being able to post the chart but I am having the same problems as DJ.
Yes it is.
Welcome hero and congratulations DJ on SMTR.
I agree completely with lowtrade's remarks. Averaging down is a powerful way to play on the bid action, even if you are taking a loss, in order to recieve the pay-off when you execute a well placed sell.
Before I came to Pennyland trading I spent about six months doing fictitious trading using an excel spreadsheet I made. Basically the action was "if I invested X dollars at this price and then sold X dollars at this price". I tracked the spreadsheet like a real investment. It was through my simulated plays that I learned the most and never lost, or made, a dime. But it taught me the invaluable strategy of playing the down.
Good Luck!
Laptop:
Maybe this can help out too.
Chande states that when Aroon(up) and Aroon(down) are moving lower in close proximity, it signals that a consolidation phase is under way and no strong trend is evident. When Aroon(up) dips below 50, it indicates that the current trend has lost its upwards momentum. Similarly, when Aroon(down) dips below 50, the current downtrend has lost its momentum. Values above 70 indicate a strong trend in the same direction as the Aroon (up or down) is under way.
This has been a great discussion here tonight. I agree with laptop in that this can change in short order. There are many scenarios that can play out to change the momentum in either direction. Unfortunately without anything new to base a momentum on, there is simply speculation and charting to look to.
I enjoyed everybody's two cents!
Doc
baja:
Do you have any affiliation with the Veteran's group? We hold out retirement party's at the memorial building. A great bunch of people over there.
My Dad and Brother are former USMC. My Dad did two tours in Viet Nam form 66 to 69. My Brother served in the first Gulf War.
Thanks for your 20 years of service to our Country!
John
Deregulation causes many rules to be written out or altered to satisfy the market. The Australian telecom sector is owned by thier goverment by 55%. This is a massive undertaking and if you do not think that corporate lobbyists will have a play in the rules then you fail to recognize the very political system you live freely under.
You present a "red herring" arguement that holds no merrit.
Doc
This is a little off-topic for the T/A board so I sent you a private reply.
There is a saying that "the price of a stock has all market factors calculated into it". This includes fundamental financials and speculation.
I believe that the wave that we have ridden is based on speculation. If you doubt that look at the fundamentals of the company. When the dates of the prototype launch did not occur, much of the speculation lost its elation. This resulted in the trend we see now in my opinion. Some of the charts still have the carry-over from that elation in them from the February run-up.
In order to get a clearer look at the stock try and focus on data after the launch delay was announced. There are many investors, in my opinion, that have seen things progress so quickly that they are afraid to be sidelined at this moment as news can come to greatly affect the share price.
Likewise, there are those who invested prior to February that are concerned of thier investment earnings evaporating that may choose to average out causing the price to fall.
At this point, unfortunately it is anybody's guess.
Doc
Well I'm off to do some yard work. See you guys in a few hours.
John
Thanks lowtrade! eom Doc
Here's my buck-fifty on the issue, LOL:
First of all I graduated from college in Long Beach.
On the retirement issue. Here is how the pension system works. Our system is defined benfefit. With that defined benefits comes defined contributions with additional funding required if either the market is performing poorly or if the employer had decided to underfund thier liability. The employee has no say so in how much is contributed. 9% of my salary is contributed into my retirement account, come hell or high water.
Now for the employer it is different. The employer, this time being the state, is scheduled to contribute 3%. However, if the market is doing well they pay much less and during the entire 1990's it was pretty much around 0.05%. Then came the recession. All of a sudden there was a defecit accumulating as a result of underfunding on the part of the state. So in effect there is a baloon payment due on the retirement. This is as a result of them failing to pay in 3% every year during the 1990's. What they did instead when thier liability into the system dropped was take the money for many types of special projects that no doubt got many of the loosers re-elected instead of either saving the money anyway or giving it it PERS, our retirement system administrator, to place in the market.
PERS is a tremendous organization. It is the fifth largest pension system in the USA covering employees only from the State of California. The sad thing about this is that PERS has stated that if the legislature and the governor had chosen to pay the 3% anyway during the 1990's and into the early 2000's the programs would be "superfunded" by 2010. Meaning that the employee and employer would pay nothing so long as benefit levels did not increase.
So instead of admitting failure on the elected offical's part, old Arnie has chosen to attack our benefits. He states that he wants a program that mirror's the private sector through 401K. Most of my friends that work in the private sector whom have 401k's are working for employers that match at least a portion of thier contributions. His rhetoric does not hold water with me as they have a system that mirror's the private sector. The only exception is that they can choose to not contribute based upon what is convenient and not even think about the consequences to the employee.
The part that really gets me angry about this is that right now if I die in the line of duty, my family will recieve a $150K death benefit, which I pay the premium for. The governor wanted to so away with it as part of his proposal! The sad thing about it is that the governor has the meat-hooks of some republican hard-liners into him on this issue and he is making statements without telling the complete truth. I have met the governor, I believe he is a good person trying to do what is right. But on this issue, he has listened to all the wrong people.
Ok, now I feel better now that I have vented. Remember, you asked first. LOL!
John