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Can we break through that 50 day SMA?
I think there are a lot more people he could go after that are guilty of something in this current decade at least.
Because it lets them go public at less cost.
no, there would be much more volume showing if that were the case. They can't hide that.
Saw CDEL on the ask there at 9 mil for the last hour but not much movement. Anyone see those getting filled? If there's dilution I think they would wait for over the .0005's
Huge wall there today at 1.07. What gives?
What was with that huge dump 10 minutes before close? Broke the 1.50 support.
Is this where all the shorts are trying to get out? 1.50? 100K on the bid- wow! Just watching paint dry for the last 3 hours.
picked up some more at 1.50
yet another SA article today WARNING SHORTS TO GET OUT, once the credit rating is upgraded in a few weeks should easily be back above $2. Don't see why anyone would be shorting this still.
Have a sell order in at the 50 SMA at 1.70, but may loosen that based on how things go.
You guys see that moron on SA just put out an article on MCP being a good short candidate when they put an article out 2 days ago on shorts getting squeezed here LOL!
Key resistance broken at $1.58, next stop 1.90's with very minor resistance in between.
Lovin the slow steady climb here
For any shorts, this chart is getting pretty ugly
Not sure you understand TA if you can't see that.
key resistance now is .52. Both 200 SMA and .52 PPS in June be sure to start taking profits if we can hit .52... if you haven't already.
Nice and conservative gains staying under upper Bolly every day
That's why you ride the TA and get out when the chart tells you to. Anyone wasting their time bashing or defending stocks under $5 tells you all you need to know about their expertise, or lack there of.
News premarket, new distribution agreement signed for Northern California, nothing bad about that.
Chasing over .40 before the bell!
Nice EOD run, very likely now we break through very tough resistance of .40 tomorrow!
This stock is not being shorted at all. There was no short squeeze yesterday. Way oversold and turning the corner now. MACD has been looking great since 10 cents. May even hit the 200 day SMA at .51.
If we can break resistance of .40, will be fun...no real resistance then til .48 then could really get interesting if we break .50
He just feels stupid for missing greater gains.
Held support nicely at .267 today
This thing is more oversold than that Utopia show....still holding.
The correction was from the 3.80's to the 3.70's. This is riding the upper bolly perfectly. Now will test $4 likely on Tuesday/Wed. That's where the battle will be. More shorted now than the last run to $4, so certainly a better chance this time to breakout over $4.
36% short squeeze can push this over $5 no problem
much higher days to cover much higher this time around for the shorts, should have more legs on this rally to crack $4. $4.50 is my target.
$4 sounds good to me!
highly shorted stock and there's a mad dash for the exits now, just look at EDGX on L2 trying to keep this from rocketing up.
Squeeze is on
options....gotta get me some of that. Another pullback day due to overextended bolly, got stopped out, we'll see if we consolidate here, still a great short squeeze.
Q2 results: less of a loss than YTD last and 2nd quarter last year as well. so so news, hard to see that this gets beat up anymore
less that 30% short, but still, days to cover way up and the EDGX manipulation yesterday to keep this from cracking 3.70 really spurs my attention, lot of room to run here, will have dry powder tomorrow, hopefully can still get in below 3.80.
I disagree. With yesterday's huge gains we were well extended over the upper Bolly, daily chart indicators all look great. MACD RSI, 8 day SMA has crossed the 20. Of course price is always the best indicator, so we'll see. But shorts need 9 days to cover while owning a whopping 61% of this.
Not really concerned about long term like that...I trade these stocks, I do not "invest in them"
5.50??? Current level of support is 6.02-6.05