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AWYI 60 min chart - OBV showing $ flowing into stock. Note crossover in ADX. Also note when stochastic is above 80 and the %K crosses down over the %D the price goes down and vice versa. Its now crossing back which IMO is bullish
This from some newbie wannabe whose posting history is confined almost entirely to this one stock. The posting history tends to indicate a lack of both knowledge and experience in penny/pinksheets. Boring and all too common IMO.
Quite a wall at 0.01 /eom
Thanks - I value the opinion of folks on this board. We shall see.
I don't have real time where I'm at but hasn't it recovered from that shake? I believe ask is back to 0.009 and the Ihub level 2 seems to be showing a bit of bid support IMO.
Be gentle - I'm still learning. LOL
AWYI-60 min chart
AWYI 60 min chart - Looking good - MFI is increasing and very close to a pSAR intercept- Bolinger's tightening
Which is why I have put more people from this board on ignore than any other board that I watch or have watched. I'm here to try and make a buck, not feed some neurotic's ego.
Something real weird going on here. Huge price jumps on virtually zilch volume?????
OOOHHHH! Pretty!!
Uhm cj,
He never said a word about you. Read the thread again. He (and I) were talking about the general behavior of a lot of people in penny stocks. Methinks you wrong him.
cj,
We will see what happens. But I think your enthusiasm is perhaps... a bit carried away. If you look around at the penny and pinks the naked shorts have become something of universal excuse for a stock to go down. But certainly they ALL can't be victims of NSS. On the other hand, lets assume that there is a serious NSS problem here. If that is indeed the case, the MM(s) have every incentive to drive this all the way into bankruptcy just to cover their own tracks. Certainly not a good idea for any of us that hold shares.
My own opinion is that the people that trade these things are fickle and wish immediate profits. If they don't get it, they flock away in droves to the next "hot" tip, usually losing money in the process. Since everyone has been hyping the idea of a "PR SOON" and it hasn't come, they are leaving and in so doing depressing the price. If and/or when we receive substantive news, we shall see a reversal IMO.
Just my 2 cents.
Good luck
Seesaw,
I am a shareholder here. I am not bashing unless you define bashing as giving an opinion of another post. To be precise, stating that there are "mega-millions" of shorted shares without any substantion is irresponsible IMO at the very least. I still maintain that position.
As to whom you'd rather see post. That is totally irrelevant to everyone but yourself.
Good luck
How interesting.
[italic]"That does not include the Naked shorts we have mega millions of shares shorted and when they have to cover it will be huge."[/italic]
Just where does this info come from? I hope it's not the company. When a company starts talking that way it is often because they are shorting their own paper. JMO but this post goes a bit beyond being "an enthusiastic supporter".
That's why I have him on ignore. Nothing wrong with his posts just too dang many without info.
Looks like no one buying either. LOL
A PR that announced the merger was done would be a big deal. But IMO to say that they are hiring a company look at the deal is pretty darn fluffy.
T'would be nice senderos.
I'm not going to get too excited about the news yet. If the announcement is legit, it would take many months to come to fruition IMO. From personal experience simply verifying reserves will take several months. Every sample, every boring has to be individually examined and verified and then the method used to estimate reserves has to be verified. And then there's the attorneys and accountants.
We'll see how the market receives the PR.
If you were that upset - you'd need therapy. LOL
It's a good thing I have unlimited ignores. The "saviors" are coming out of the woodwork.
Big dump? Volume today of around 9 mil??
IMO the spread still discourages buying. It needs to tighten up a bit more.
I see this board has degenerated into a pissing match. ***sigh***
AWYI 60 minute chart Looking good. Note the crossing of the 13 day EMA over the 20 day EMA. MFI is rising
Need some volume IMO. Course the only way to get that volume is if they give us some news.
PMED - PR
Paradigm Medical Industries Completes $1 Million Financing
Paradigm Medical Industries, Inc. (OTCBB: PMED.OB), the leader in glaucoma diagnostic and management devices, today announced it has completed the funding of $1 million through a group of institutional investors, headed by NIR Group (New York). A significant portion of the proceeds will be used to fund the introduction, marketing and distribution of new ophthalmic instruments and systems the Company plans to launch during the first half of 2008.
“We will also use proceeds to grow our domestic sales force, to increase direct and distributor sales force training, and to increase inventories,” said Paradigm Medical’s Chief Executive Officer, Raymond Cannefax. “Marketing our redesigned LD 400 Visual Fields and Blood Flow Analyzer™ (BFA) products and introducing new devices and systems into the ophthalmic market is one of our primary areas of focus in 2008.”
Mr. Cannefax noted the Company already is filling a significant order for LD 400s for one of the largest optical chains in the United Kingdom, and has written commitments for additional LD 400 Perimeters from the same chain. “We had a threefold increase in our sales organization in late 2007 and will have a presence in additional metropolitan areas. The new funding will allow us to introduce new and updated diagnostic products and have a trained and highly competent sales force to market and distribute them in 2008,” Mr. Cannefax added.
The funding involves the purchase of $1,000,000 in secured convertible notes by the investing group. The notes are to be purchased in traunches, with the first traunche of $250,000 and then monthly traunches of $100,000 each until a total of $1,000,000 in notes have been purchased. Paradigm Medical received the first $250,000 upon the signing of definitive agreements on December 24, 2007. The Company also is required to issue warrants to the noteholders to purchase a total of 15,000,000 shares of common stock at an exercise price of $0.001 per share.
Under the terms of the notes, the unpaid principal balance on the notes, together with accrued interest at 8% per annum, is due in three years from the date of issuance. The notes are also convertible by the noteholders at any time into shares of common stock. The conversion price of the notes is equal to the lesser of (i) $0.02 and (ii) the average of the lowest intra-day trading prices during the 20 trading days immediately prior to the conversion date discounted by 50%.
Paradigm Medical Industries, Inc., is the leader in Ultrasound devices, and glaucoma detection and management products.
This press release contains statements that, if not verifiable historic fact, may be viewed as forward-looking statements that could predict future events and outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.
Paradigm Medical Industries, Inc.
Raymond Cannefax, CEO, 801-977-8970
www.paradigm-medical.com
That's what I like. A PR at the beginning of the "power hour" and with a done deal. None of the LOI or "anticipates" nonsense.
Probably you have a margin account. I too have instant access but my account is listed as margin. Not that I'm allowed to buy penny or pinks on margin.
I rather hope we don't get a "storm". I would prefer a nice steady climb - better profits IMO.
Why "put him in the long boat till he's sober" which may be a looooonnnng time in this case. LOL
You don't suppose it was that little message I sent Matt yesterday - do you?? Who'd a thunk.
Interesting - after a grand total of 76 posts our good buddy Cap Jim has managed to find his way to the jail until next week.
A run is possible but not too likely IMO for today. We would need more volume. There's a lot of people that are going to make a short day of it because of the holiday.
Daily Chart looking pretty good IMO - ADX confirms that upward trend is very strong. Notice pattern of up 3 then a little consolidation then up again.
OK - I just took you off ignore.
GL
We need a little emoticon or smiley to display foot stomping. LOL
I agree. I see nothing on the daily or weekly charts to make we want to even think about selling. Actually, after the new year I might sell a couple of bow wows and add a bit more here. We'll see.
Yep overall volume is great. Just going on what the charts and the indicators seem to show. Be just fine with me to be wrong and have a strong finish.
Tomorrow I don't know what to expect except a lot of people will be taking off early for the holiday.
I don't think we have enough volume for a real strong close. I'm more or less expecting sideways at these levels for the rest of the day while it consolidates.
EDIT: I don't mean overall volume - the 15 min and 30 min charts are showing that volume has been decreasing as the day comes to an end.