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Ordinarily, I would say you might see a pull-back tomorrow, but I'm feeling a bit hard-pressed to to make that prediction. Volume was actually very nice Friday considering that most traders were heading out for the long weekend and the pennies were competing with a healthy move up in the broader markets. The other factors that 'signal green' would be the sustained move above close of previous day, the health retrace from .24 and the negative sentiment that appears to have set in rather quickly. This has had a nice run, but it may still surprise some for another day or two.
Thanks for that. Hard to assess whether the news is meaningful if no figures were provided though. 21% Y-O-Y sounds great, but if previous year was something like 50K, then might not be so exciting. Either way, GLTA here.
ICOA for the week
What was the news on Friday? All I saw was a significant increase in volume. Do you have a link?
Not only that....it's the positions that they are hiring for that got my attention. Screaming 'growth'!!! Go ICOA.
Tomorrow we start trending up once again!!!
Thanks for the response e-ore. You learn something new every day. I wonder whether it makes a difference if only some share classes are impacted by the R/S. In other words, if only OA and not AS, then perhaps the 'D' might not apply. Either way, good luck to all, where ever your find may find themselves.
Gail, thanks for the input. I've never quite seen myself as a 'pumper', but something for me to consider. Good luck with your board.
Top 15 once again. This week ICOA rocks!!! I like when you can gain an advantage by 'counting the cards'. As was just posted, just look at the accumulation of the past week and the huge buys in early August @ 2. We go up from here. Then again, really, why would anyone who is able to get 's and 3's sell at this level. Just hold, accumulate and be patient!!! We will lose one of those zero's in no time. 15 Boardmarks since Thursday and counting.
Gail...just curious...where did you get your information from. Seems 'misleading'. The move to tripple's came after the RS with no additional dilution. Also, there is no 'd' component to their ticker. Are you referring to ICOA? Can you provide me with a link so that I can look into the information you have on the company? The ICOA I-Hub has information that is very different.
Thanks in advance.
ICOA for this week. Big accumulation Thursday and Friday. Keep that on 'alert list'. This week should garner some momo!!! Nice SS @ 400 mil float.
Indeed. Have yo noticed we gained about 15 boardmarks since Thursday with no news and nothing that would ordinarily alert anyone to the stock? There was some very nice accumulation that occurred this past week, but that shuould only have only been noticed by those of us already over there keeping and eye n ICOA.
I wonder if we'll see an e-mail alert on this one soon.
If we get a merger with say, Wandering Wifi (or someone just as established with a strong client base) and we get a 'financial backer' to fund an aggressive growth plan, I say we get to penny-land. In the absence of something along those lines or with news limited to new big clients, it's very likely we see .005, which from here would still represent FABULOUS gains. The float is not as tight as some that have run recently with 2000%+ percent gains, but if no one is selling and volume picks up, who knows where we end up. I'm psyched either way. Where's the risk down here at .0003?
ICOA. Look at Thur/Fri Accumulation..and volume. The 3's finally came back on the bid as well. Looks like a run in the , the making. Keep an eye on that baby. Might be the next monster as in Early August, there was a 106mil buy at 2 and a couple days later an 86mil buy. This past week, any 2 that hit the bid was nicely accumulated!!! Worth keeping an eye on. (400 mil float)
GLTA
You and me both. I was ready to jump on some more 2's, but as the saying goes, 'don't put all your eggs in one basket' I had a choice of getting even more loaded here or taking a small position in another play. Either way, I'm still in accumulation mode here myself. Timing is the issue, but I'm not letting go of what I've got so far. I'm ready!!!
We should be able to do that without much difficulty this week. I was rather surprised to see the volume going into a holiday weekend with the broader markets higher. That and the fact that there were some plays with nice momo, we should have been here Thursday and Friday watching paint dry, but the volume was a very god indicator IMHO for what to expect the week coming.
That 400 mil is the float. They did a RS in April or June to restructure debt. Interestingly, 106 mil buy was noted in early August followed by a 86 mil buy a day or two later. This past week, anything that ht the 2's were absorbed nicely. If in fact float is 400mil, most shares are now in someone's pocket and with any volume, we should see a move back up to and past the 5's this coming week.
ICOA baked and ready!!!. Very nice volume Friday going into a holiday weekend where the 2's were taken out every time they hit the ask. SWEET accumulation past week. Ready for a pop with the slightest buying. With traders back at their desks and fall trading season beginning tomorrow, we have our next 5-10 bagger right under your noses!
GLTA
Interesting prospect. I do like finding trips @ 2. Why no SS info in the I-Box though. Also, I've 'eyeballed' this periodically over the past couple months. No real movement up. Anything 'brewing' on the horizon?
Just curious. I will be continuing to watch this one.
GLTA
Let's see how long those 3's last. That wall is paper thin. Interestingly, our board-marks have moved up quite a bit heading into the weekend. Nice to see the additional exposure.
Looking SWEET! You gotta love the accumulation of those 2's. Someone is going to be quite sad they got rid of those. Patience can be the difference of a week. Oh well. We'll cheer to those long gone when we are no longer in the trips.
I'm seeing acquisitions ahead of us. If you notice, their website appears to have been recently updated. I found their current job offerings interesting:
A couple lines from their Manager of Sales and Customer Integration:
"We are pursuing growth through an aggressive roll-up of other market participants. "
and a core role will be to: "Address immediate needs surrounding pending integration projects (client concerns, resourcing issues, structuring of agreements, etc.).
I see bright things ahead for this momo-to-be play!!! It would be SWEET if this effort is being supported / funded, by some bigger industry giant. Also, I might be wrong, but their range of services listed on their homepage leaves me with the impression (i.e. their 'billing module' that they are also on the verge of rolling out mobile apps for their client. Does anyone know whether they are already doing this and whether this would be a 'new service'?
True...but we did finally break that 164 mark that we seemed to be stuck at. Interestingly, there seems to be a whole new set of eyeballs on this one Friday. Did I miss something? How did that happen? I must have blinked. I didn't see us move up on the 'Top 10' list and also missed that 3 coming onto the bid. I smell a run coming!!! YAHOO!!! Ahead of time...lol
Got some SRCP also. Interesting activity Friday.
ICOA...something's up there. With no news, anytime 2's hit the ask, they get taken out in large quantities. Makes one go 'Hmmmm?'. Chart looking great....ready for that pop. Rumor is that significant news is pending (as per conversation with CEO, though he would not commit to the nature of the news).
Can't get a better risk / reward ratio compared to what ICOA offers out here in Penny Land if you ask me.
Happy trading all.
SRCP looks like run into close!!!
Shorts are going to test support during lunch-time lull...to see where support is, to see what they can get and to see who they can scare. Today's volume looks great. IMH, any dry powder should be saved for 'power hour' and catch them flat!
people also have to be comfortable holding...remember, we are going into the weekend where positions will likely be closed and with additional traders back at work from vacations. i say Up, Up and Away from here...at least for another day or two if volume continues to be what it has for the past couple days.
I think considering the enthusiasm, share structure and eyeballs on this one, you might just be looking at a pop and sustained move up in the AM. Surprised to see this one at the top of the boards this AM.
GLTA
I don't think you'll get a gap up, but considering the pullback from the HOD and the selling at the close, you should see green at some point during the day...I'm anticipating a small bounce. I'm suspecting there are lots of shorts taking positions from that high who will be locking in some profits.
For those who are still long, the float will be your friend if most of the selling from the run took place today and down-side volume is light at the open.
JMHO, GLTA
This is true. I'm getting a bit ahead of myself....Considering the current pps though, if the float is 400mil, this can be locked up with 80K in funds. might be worth 'a groups' efforts if that group knows there's something in the near future that would make such a commitment worthwhile. if you look back, there are 2 very large purchases that took place. I'm still curious to what that was about.
Okay, back to a closer view of reality now...lol...I'm cool with 500% =)
IMO, best time to do that next PR is after kids are back in school, traders are back at their desks and everyone is back from vacation. All those 1000% gainers are going to be attracting eyeballs as the broader markets trade sideways. AVTI will be a beneficiary. W are all seeing how easily this moves up on the slightest bot of buying. The day's of 5's and 6's are behind us.
IMO, best time to do that next PR is after kids are back in school, traders are back at their desks and everyone is back from vacation. All those 1000% gainers are going to be attracting eyeballs as the broader markets trade sideways. AVTI will be a beneficiary. W are all seeing how easily this moves up on the slightest bot of buying. The day's of 5's and 6's are behind us.
Sorry...I see I jumped the gun there. Welcome Mod Mango!!!
You forgot my man Mango!!!
I for one appreciate your presence here on the board. I'm sure some of your comments have aided in ridding us of some intended day-flippers. Some of that was to my benefit even if I haven't gotten the run I want yet. I'll be buying you a keg if this becomes the next 5000% gainer.
Though that might be more of a 'pipe dream', I do believe we will be seeing an acquisition ahead of us. If that's the case, question will be 'at what price?'
Thanks Geo....much appreciated.
Now that shouldn't be too difficult to achieve. Remember, it was just 2 weeks ago that we were at or above 100 mil shares in trades. Just look at trading volume this week compared to next. Also keep in mind that many who decided to get rid of their shares are likely those who jumped in anticipating a run and when they didn't get it, they bolted. The purchases at 2 is being accumulated in the absence of an apparent run. IMO, it is either a share lock-down underway or organic accumulation. I'll take either.
We will get our pop. Clearly, someone is interested in those 2's. Might be a slow, crafty effort at a share lock before the run. I wonder if this is how those 5000% runs get started. One can only hope. Now that would be a 'game changer' in my home!!!
Indeed....agree completely. In fact, there are people who will spend all their time looking for RS opportunities. You get in at the bottom, and minimize your risk significantly. Just have to be patient. I've found one or two myself and am sitting and waiting for a run like this one. Thing with these runs is that for most of us, we find them when most of the run is already underway, thus increasing risks of losses.
Keep an eye on those with trips that are trading near .0002 post-R/S with increasing interest and you will make some nice change.
Now, regarding this one, has a tight float. The pullback from intra-day high is rather interesting. Looks like tons of shorts. they may double down trying to take this lower or they might cover if buying comes in. Tomorrow should be interesting as positions get closed out...question is where will the 'bias' be?
GLTA
Hey, count the cards RL....look at the buys at 3, 4 and the 5's. Despite the sells at 2, many of them are still here, so I beg to differ regarding your assessment. Also, if you were here before we even broke 2's on the ask, you will know it took a couple days worth of work. You are also likely to see some of those 2's on the bid now for nothing more that the transaction commission...no gain, no loss.
Notice though how the accumulation continues when the 2's get thrown back on the ask. Patience is a true virtue.