Dude, u take the words out of my mouth! Right on. Today was only 2% down in the end great buying opportunity! Can it go lower? Sure, maybe even worse tomorrow, bur just stay the course. I'll take 100% anytime! That's HUGE. All the "this is the next LEXG" talk is all just that: talk. Nobody knows where this will go, except the guys pulling the strings. But remember that APS didnt start promo LEXG when it was at 1.75 already, while it had run for several days by then, just like GWBU has done.

They have to weed out the early birds otherwise this game ain't working.

But remember y' all to take profits on the way. It ain't a profit till you press "sell"...

Thanks Gary! I re-entered today at 1.50 and will let this run for a few weeks. Could be easy 100%!? Today is an expected down day, after the last 3-4 days, but it's all very controlled with only a few % down; profit taking and great buying opportunity!

Well frikin said! So true. I bought yday at 0.94 and sold at 1.06 at the close... I figured it be over after 3 fat up days... had I known... but profit is profit and that's always nice! Will enter on any dip (not chasing it) and let it ride. 100, 200, 300% who really cares; better than my BoA savings account rate of 0.01% no matter what!!!. it's gonna be good no matter what.

and guys don't forget: please make a profit by selling too early!!

News: "ONCS with a valuation that appears senseless (low)" according to seeking alpha:

http://seekingalpha.com/?source=yahoo#article/590591-public-offerings-create-investing-opportunities-in-biotech-sector

Scroll down a bit, but article shows how other companies with previous offerings are after an initial drop in share prices trading much higher now! Sounds good to me.

long at 8.7. looks like we're now in higher degree run up to $13-14.

Why? IMHO the run up in march from high 6s to 10.4 was wave 1 (clear 5 waves with wave i on march 1, wave ii on the following 2 days, wave iii from march 5-15, wave iv through march 22 and wave v (of 1) ended march 26). Then April was a clear wave 2 (A-B-C) correction with A from March 26 - April 24, B peaked April 26 and C ended ~May 8. May 11 may well have been wave i of wave 3 up and right now we've experienced wave ii of 3 up.

Let's hope I am right

nice last few minutes. lots of selling today and holding 2.40 nicely. tomorrow should be interesting (2.58 after hrs...)

good! we need some greeeeen!

Thanks GWBU! In at 0.91 today, out at 1.06! Sweet. Easy money maker; I sold since after 3 big up daily-candles I am not so sure if this uptrend continues... Will see, trading it now day-by-day.

Bullish intraday reversal; nice shake out of weak hands. If it can take out today's high then we're solid. Though I don't think that will happen today. This is a slow and steady one!

We got that already yesterday; see my previous post.

And right you are; here's the latest news: http://finance.yahoo.com/news/independence-energy-corp-receives-confirmation-200500474.html

I don't know Bollinger (except for Bollinger Bands), but I know this has been promoted by world street fundamentals since May 4th. They are paid $50K per (email distribution) and they've been sending them almost daily. WSF has an excellent track record of slow and steady increasing stocks. One never knows when the promo ends, but I guess it will run for a month max. Just a guess though. Remember that IDNG has been climbing since late March.

Nevertheless, they all end the same: dump. So get out in time to protect profits. Or as Buffet says: I made money because I sold to early.

Exactly! And all those levels are in line with targets based on Elliot wave theory, so keep an eye on them. But, as I always say; one day at a time and in this case, one level at the time; 0.175-0.18 first! ONCS is Looking good though!

2.50s printed, as predicted! Note some big buys at the 2.50 level with 25K and 16K number of shares! Some people are loading up their boats! Next week will be very interesting!

Nice close! Lot's of buys in the 10K+ number of shares range lately! Looks like uptrend has started, looking at SSTO which crossed over from below yesterday and continued upward with today's action!

From an Elliot wave perspective one could suggest that wave 1 up started yesterday from the low of 0.145 to the high of 0.175. Wave 2 down then followed, and often retraces between 50-62% of wave 1: 0.03 x 0.5-0.62 = 0.015-0.0186. That brings wave 2 down to 0.16-0.1514. Today's low was 0.157, which is a 60% retrace and thus right on target for the wave 2 retrace!

The next level to take out is 0.175! If that happens wave 3 is in full progress and wave 3s are 1.62x, 2.62x or 4.25x the length of wave 1 (0.03) That then targets a level between: 0.157 + 1.62 to 4.25 x 0.03 = 0.206 to 0.2845. Note that current pivot point and resistance levels are at 0.19 and 0.24 and 0.28 respectively, which coincide with the calculated possible wave 3 levels!

After these levels wave 4 down and wave 5 up need to be assessed. It then remains to be seen if this is all she wrote or if this is the first wave up of a much bigger wave to come (higher degree). We'll have to see then.

First things first: take out 0.175. Considering the rather heavy loading of boats at recent 0.16-0.21 levels it be logical to assume more upside potential!

IF indeed, please take one day at a time with pumped stocks. looking good so far though. slow and steady. 2.50s here we come!

she ain't done yet printing 2.43 as we speak. Another solid 3+% today. Interesting that there are not many other people/posts here. That will come when it starts rocking 10-15% days.

thanks! This is a conference where tech and venture capitalists meet, so ONCS looking for some $$$s which will only fuel their development IMHO

ONCS in the NEWS 2day:

http://www.sacbee.com/2012/05/10/4479942/oncosec-to-present-at-upcoming.html

jeff or any other admin; please post as a sticky!

yeah, if it would have broken below 0.14 I would have sold; gotta protect capital ya!? I averaged down last week with buying another half position of 0.165s, so I am now full in, and liking what I see. Since I am a swing trader most of my most profitable trades are from positions I hold 2-4weeks. Let's see where this puppy is 2 weeks from now!

according to stockcharts.com S2 =0.09, S1=0.14, P=0.19, R1=0.24, R2=0.28. ONCS bounced nicely of S1 and is heading for P. If P breaks we're looking at 0.24 as next target. But first things first, one day at the time. SSTO has -at current 0.175 level crossed from below suggesting a bottom and possible higher prices to come.

printing 0.163! i think we're reversing from here too. SSTO seems to indicate that. some big buys coming in, looking good. hopefully it will hold.

Lots of selling today... I'd like to see this puppy move soon or I am out...

And penny stocks profile. Another 3.5% today: slow and steady wins the race!

In at 2.25. This is actively pumped now (world street fundamentals for example). Should be good!

Thanks for the link. Great read and similar thoughts as to what has been suggested here on the ONCS board too. Could become very interesting very soon!

Unlikely but not entirely impossible. Bottom accumulation is in progress IMHO. Glad I averaged down last week and bought a bunch at .165. Not rock bottom levels but low enough to have some serious gains once (and if) 0.21 breaks!

Lol! Almost identical post at almost the same time Great minds think alike!

Some nice buys coming in, recent one at 43,100 shares; equalling almost $7K. Buys outnumber sells by almost 100K of shares at the moment. Now let's get this puppy moving!

Thanks! Any idea why 7M shares were traded on the 17th? And any idea why it's not holding up? MM's shaking out weak hands?

Snagged a few thousand at .165; averaging down my position. We'll see if it was a wise choice.

somehow i tend to agree with you. I've even less than half of my normal position size invested and will let this one run, because I think the same as you outlined. It can screw around these levels for a long time (which it now has done for a month btw). Fine with me. IMHO insiders loaded up on April 17 at the low 15s (7M+ shares traded that day). And unloading them at these levels wouldn't make any sense from a profit perspective. And if one is that invested sitting on it for another month before it goes to 45s or more is well-worth it.

That be bearish. Not sure if the time frame is long enough though to assess such a triangle, which is often on a monthly time frame. But it's pretty much do or die now... MM can't get it higher on a 5,000 on the ask but drops it on a 300 bid.... Sjeees.... What r they thinking?

still basing, but now at a higher level?

Yep, very nice close! Increased volume at the end too. Let's see if it can continue.

i agree!

why can't some let it go? big seller in the house some where? holding 0.17s still nicely though.

Noticed that daily Bollinger Bands are squeezed since last week; setting up for big move. just don't know which way yet though some TI's start to point towards oversold...

Good to see you here TEFF, something is indeed cooking IMHO, in bit high yday but will give it a change, it's not even half of my normal position so not sweating it too much.

ONSC been mentioned on inverstorslive daily scan several times now, incl today; yday. This guy has a nose like a bloodhound dog for poppers, runners, accumulation etc. Should be goooood!

Nice! I sold all my shares yday at 2.73, up from 1.23! I also Wrote in my post yesterday that it was starting to look dangerous... And i wrote in even earlier posts for people to not become greedy and become bagholders. I really hope some of you listened and made some nice profits!

I hate to be a "I told ya so", but good luck playing the bounce; I ain't touching this anymore.

On to the next play!