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Our intraday rsi is on the oversold area we see a volume spike and break past .0535 area we should run, macd is set up for this play imo
14 what million? Or cents
A break of .0535 probably gives us a run
Shares are being held tighter then a ducks butth@le right now. Let's get some volume baby
Make some noise guys half of yesterdays volume at open
Volume today was 20x daily average and positive news hit quietly spread around the annoucment that things are starting to role I'm sure a few people are looking after today and the green close
Sadly I missed that one today I heard about it and went 3k into xbio also took some clsi on email conformation I received that the ticker is in fact being taken over. Didnt get the details on who but it has moved easily last few trades so I went in again on another profitable swing there today.
They told me I could execute the sell online just phone in the buy. Last time I saw this etrade had a hefty short on the ticker
Just got my email conformation that the ticker is sold and a new company is taking over. Didnt say who just that it is happening.
Phone in a order for xbio looks like a bounce is coming
Yes we will know tomorrow morning
You do realize I can sell preserve capital and renter probably lower when the next uptrend starts. Why all this sideline chatter as if I will watch a parabolic move? The RSI is hot but can go parabolic the trend was started days ago I got here today and watched the massive cover taking place all the great movement working in sync and the company throws a curve ball at close of buisness day. I dont short stocks but that annoucment was like a dinner bell for shorts. With all of that said if the trend continues I will still be here if it dips I will exit. When it regains stability i will reenter for the next move and make gains. Its trading I'm not here to lose money as I'm sure none of you are either. The announcement was I'll timed but it may or may not have effect
Lol your funny thinking a guy on a message board telling me to sell will cause that. What will happen tho is when this starts getting shorted down I will exit and move on to the next one
I'm already out of that one and got in a just the right time and flipped several times
Todays move set this up for news outlets to talk about the great comeback now it will say they filed a proxy vote for RS and pay raises for the board
I am a day trader that doesnt like my shares shorted to oblivion and this was a invitation to short. Today almost 1 million. Shares were forced to cover and that fell on deaf ears with this annoucment. You think your investment is sound. I will say it's not when its driven down hard by shorts then rs hard to regain compliance in a company that is selling off stores left and right. They need to regain compliance without the rs and they most definitely didnt do themselves any service by dropping this news on a several day uptrend that today broke themselves out of the downward side cloud that lasted for several months.
This is ridiculous news why would they drop these after a strong day
Need the power to continue after hours force the institutional shorts hand at covers
You guys should check out ASNA working on a big board squeeze here. We break this .4771 resistance basically nothing holding it back from a pop out of the cloud at .5002 and run. Analysts price target this at a dollar. MMS are putting up a major wall to keep this channelled between .47 - .4771 area today solid uptrend on the daily chart looking to make a big move.
Need a break and hold of .4771
We need the buyers to step to the plate again here and push thru for a eod run setting up for after hours moves
Looks like a short squeeze is in order here they are trying to hold this down
Let's see if in the next couple days the uptrend continues and pushes this past 50 cents. We only need solid volume for it to happen in one day then the fun may start
Hmm seems like a good time to enter with the next filing due for fins dropping the attorney letter early would be a waste of time. Let's see if they can quickly finish the last q reports from the stagnant company and file attorney letter then super 8k all round abouts the same time.
They cannot and will not add 19 million shares to the current ss with a price this low that would send the company into a one dollar compliance notice immediately. The share price needs to be alot higher.
Pre merger market cap should be estimated around 116 million seems like we may have room to run
The coal mine as I read it from last pr is a done deal. They needed 25 percent participation and have already received 33 percent that ok the sale that seems like a done deal.
SES has set a minimum participation level by Batchfire shareholders of 25% inclusive of SES’s own 7.37% holding in Batchfire. Each participating Batchfire shareholder will enter into a Share Exchange Agreement with SES and, to date, SES has received signed Share Exchange Agreements from 33% of Batchfire shareholders, inclusive of SES Group’s ownership, meeting the minimum participation level.
I'm wondering if the value of the coal mine on share basis exchange has been set in stone or if they plan to leverage the pps at a later date to limit amount of shares needed to cover the 80 million dollar mine.
I was pretty close here with my estimate on pps we just needed to burn thru 26s today then it would have been all aboard
Lol everyone made it cap out at a market cap of approximately 36 million even tho the coal mine purchase adds a additional 80 million to the market cap estimate so we should have at least tried to clip 84 ish dollars if playing assets to market cap.
Pretty sure shorts loaded hard on this candle
Man I love a good bear trap lol
Here is where you see shorts try to pile on and get clipped again
Here comes next trading halt I think
Lol halted again
Squeeze number 3 of the day coming
Someone is going to have to take out a second mortgage after today lol
Bwahhaa halt one of the day let's goooooo!!!!!!