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Nevermind. Low volume otcbbs; none of which are tight pincher setups. The only true pincher and the only one with adequate volume was "IBIN"! Ta da! Anyway, here's the list:
GGC Georgia Gulf Corp. NYSE 1.070 1.080 0.980 1.000 627101
GSLA GS Financial Corp. NASD 11.750 11.750 10.510 11.690 5592
IBIN IBSG Intl, Inc. NASD 0.300 0.310 0.200 0.201 785009
ICH Investors Capital Holdings, Ltd. AMEX 1.860 1.860 1.602 1.830 4250
IDOI IDO Security, Inc. NASD 0.060 0.060 0.040 0.040 143498
NAMC North American Technologies Group, Inc. NASD 0.260 0.260 0.260 0.260 2580
NWD New Dragon Asia Corp. AMEX 0.270 0.280 0.250 0.268 518082
RGBL RG Global Lifestyles Inc. NASD 0.070 0.120 0.057 0.078 104041
SLXN Sielox, Inc. NASD 0.070 0.070 0.051 0.055 58000
TAMO Tamm Oil and Gas Corp. NASD 0.750 0.810 0.750 0.750 172000
USCN US Canadian Minerals Inc NASD 0.030 0.080 0.030 0.080 70000
USFM US Farms, Inc. NASD 0.080 0.083 0.050 0.080 220445
VYEY Victory Energy Corp. NASD 0.009 0.009 0.007 0.009 487480
I've got a few tickers to go over from my scan now and I'll present 'em as I see 'em, look 'em over and like 'em.
Yeah well, I'm cost averaged now at .236 so I have a way to go before I recoup my earlier losses. I picked up less shares than originally so I'm not even at break even yet! lol Frankly crable I was hoping it would gap down and drop like a rock at the open to a dime a share where I've got a huge buy order in at and where the real gains would be.
I think MNI is still good for touching the upper bollie at near $2.50 but you made another great trade crable. And I've missed them all! Fool! Fool I am! LOL
cmkxman
AXAS was an excellent trade crable. I should have joined you but the solid green candle three days ago made me nervous. And I can't babysit my holdings as much as I need to. It's very frustrating.
One can hope! lol Btw, nice gains on AXAS! eom
Well.......four hours sleep and a nasty IBIN trade loss hangover? LOL Hey, but it's up today from my reentry at .21 yesterday so it's shaping up to be a better day maybe........
Morning fellow traders. eom
cmkxman
Off to work. Have a nice evening everybody. eom
cmkxman
Picked up additional shares of IBIN @ .21. eom
cmkxman
Oh & btw, IBIN is still a classic tight pincher, imo! eom
Yeah John.......THERE'S THE VOLUME! LMAO! Anyway, I know it's going lower, but I picked up a small portion of shares at .25 and intend to hold long, buying more as the pps falls. I'm going to find the bottom of this thing if it kills me! LOL
cmkxman
Nice exit/lousy entrance! eom
Re: IBIN - Most indicators still look good to me except for the RSI and TRIX overlays. They are both rolling over to the negative and they don't turn on a dime so I'm going to regard their negative positions above all other indicators. The money flow index indicator is also going negative of course which isn't a big surprise based on the slow but steady decumulation going on here. I'll look for reentry at a lower price. Still looking for a bottom. I've taken too big a hit to accept additional losses. Good luck to anyone still holding this particular otcbb which had good news today and yet still can't seem to reverse the downtrend. Sheeeeeesh!
cmkxman
"I wonder if too many people are taking less risk and playing the big boards instead."
I don't know crabz, but I do know I'm going to from now on!
IBIN - Out at .29. I'm done! eom
cmkxman
"Course they don't run until after ya give up and sell LOL." Exactly!
Right John.......in fact, noone's really dumping. eom
"IBSG International Announces First European Project: Hungary Provides Approval to Purchase License for Trade Platform BizWorld Pro System
9:01a ET January 5, 2009 (Market Wire)
IBSG International, Inc. (OTCBB: IBIN), a holding company for four technology and software subsidiaries, announced today that its BizWorld ProCopyright digital commerce platform has been selected by the Hungarian Ministry of Economic Affairs to serve as the digital commerce service center for its small-, micro- and mid-size enterprise [SME] development program. The value of the license is approximately US$7.7 million over 4 years and the total possible projected subscribers over 5 million.
Eszter Rumbold-Molnar, First Secretary Economic Affairs, said, "We strongly believe that the SME sector is the key to Finland's future commercial growth. Offering a fully integrated platform that will assist SMEs to be more competitive on the international market has been a goal of the government. To be able to provide the foundation, through the BizWorld Pro platform, ensures long term success. The European Union (EU) has allocated over E26BB specifically for this purpose. With global markets facing significant challenges the need to implement platform's such as BizWorld is essential to ensure continued growth in this vital sector."
Dr. Michael Rivers, CEO of IBSG International, said, "We are honored to be included by Hungary's government as part of the nation's trade strategy. This latest contract demonstrates how we are achieving expansion throughout the world. Most countries have already been focused on trade acceleration and competitiveness within the SME sectors. Procurement and open bid opportunities for government contracts has also received equal attention. Our platform provides the long term strategic tools for trade growth and acceleration. We look forward to working with the Hungarian Government and its neighbors in the future.""
"IBSG International Announces Appointment of CFO
8:30a ET January 5, 2009 (Market Wire)
IBSG International, Inc. (OTCBB: IBIN), a holding company for four technology and software subsidiaries, announced today that it has selected Ms. Renata Sirota as the Company's full time CFO. This is an important step in the expansion of the Company.
Ms. Sirota has an impressive biography. Since 2007, Ms. Sirota has served as a principal of Tatum, LLC, and an executive services firm. From 1997 through 2007, Ms. Sirota served in the roles of Director of Financial Planning and Analysis, Director of Operations and Financial Analysis and Director of Budget and Financial Analysis of SI International, Inc., a technology company. Ms. Sirota has a Master of Business Administration from Johns Hopkins University and a Bachelor of Science in Accounting from Susquehanna University. Ms. Sirota brings a wealth of public company experience. She has managed IPO teams, been involved with multiple mergers and acquisitions and has an extensive background in money management with a particular strength in IT companies.
Dr. Michael Rivers, CEO of IBSG International, said, "We are very pleased that Renata has agreed to join our company. She has the perfect background for our business and comes with a wealth of experience. We have spoken on more than one occasion over the past year about our intentions to expand our management team, particularly a full time CFO. The CFO position was the first critical position to fill as we continue to expand. Renata will bring a wealth of experience particularly in publically traded IT companies. As part of her arsenal of skills, she has very strong money management skills. As we continue to expand our subscription base, this will become a critical need."
About IBSG International, Inc. (www.ibsgi.com)
IBSG International, Inc. is a holding company for four technology and software subsidiaries: Intelligent Business Systems Group, Inc. (IBSG), a provider of turnkey digital service center software; Secure Blue, Inc., a Sarbanes-Oxley and security software solution provider; Intelligent Business Systems Development (IBSD), a software development, maintenance and data storage company; and IBSGI - UK, a consultant company focused on development of IT projects for Governmental bodies and multinational corporations.
IBS Group offers enterprise solutions designed to enhance the operating efficiency and create revenue for State Small Business Development Centers, business associations (e.g., business associations) and Fortune 1000 corporations by licensing its unique turnkey digital service center software, which provides a broad range of digital budgetary, administrative and commercial services (B2B, e-commerce, government to business and enterprise business services) on a single platform known as the BizWorldProCopyright.
Secure Blue, Inc. provides a robust economical Sarbanes-Oxley (SOX) compliance and security software suite, Secure Blue SOX Pro. It is targeted at small- and mid-cap public companies as well as private companies requiring SOX compliance to enable them to continue working with public companies.
As software providers, system integrators and Application Service Providers, IBS Group, Inc. and Secure Blue, Inc. generate revenue from license sales, system modifications, systems support and a percentage of monthly customer fees. The typical IBS Group/Secure Blue license agreement has a five-year term which is updated on an annual basis.
IBS Development, Inc. will provide ongoing support of International's other subsidiaries, IBS Group and Secure Blue. The company provides development, system support and secure data storage, and will maintain offices in the US and India, where its current offshore development and support team is located.
IBSGI - UK establishes IT projects for various countries and multi-national corporations around the world. IBSGI - UK has already introduced the BizWorldPro platform to a number of countries and continues to provide demonstrations of the system on an international scale. For multinational corporations, the projects are normally recognized offset program qualified and provide a required contractual obligation of these corporations. IBSGI - UK maintains relationships with various multinational corporations and operates from centrally located offices in London."
Nice breakout from the SAR on MNI! I missed the bigs gains on ZLC after exiting at a small gain and it's continuing is rally too with a 20% green candle. Frustrating sitting here watching IBIN stagnate. I'm considering bailing IBIN at a small loss instead of waiting another day or more for bigger losses if it breaks .29 since it can't seem to stay above it much.
cmkxman
Ok, crable..........what's the news on IBIN? I don't show any on my TDAturd streamer. Looks like whatever the news is it must be really good 'cause the pps is skyrocketing. Oooops maybe not! HAHAHAHaHa!
cmkxman
Re: TXCO - "BRIEF: For the nine months ended 30 September 2008, TXCO Resources Inc.'s revenues increased 98% to $122.7M. Net income applicable to common totaled to $17.6M vs. a loss of $827K. Revenues reflect an increase in income from oil & gas sales, a rise in income from gathering operation and higher other operating income. Net income also reflects higher gross margin and a decrease in impairment & abandonments charges. http://www.txco.com/"
Book value $6.36 per clearstation.com
http://clearstation.etrade.com/cgi-bin/fundamentals?Event=profile&Symbol=TXCO&Refer=http://www.clearstation.com/cgi-bin/focus
Numbers were good last 10q but still the pps continued its decline. The pinch has been in play for well over a month and yet the price declines. The pinch is now opening and the indicators all look positive enough but I don't like the solid green candle from Friday. Of course it will do what it will do. The mid-bollinger is resistance. If you're in good luck. I've watched TXCO for a lot of months and believe it will be a good pickup finally at some point in the not too distant future; maybe even Monday. I haven't looked at insider buying/selling for TXCO but it will matter when buying to hold in the long run or giving good reason to take the chance on it. Support is now $1.35.
cmkxman
Thanks JUNIOR! I'll look the site over for all their pincher discussions and vids. Thanks again.
cmkxman
I can't locate it doing a board search from the search window above. I'm sure I'm not including the exact name though.
I thought I'd come across it JUNIOR. Is it the same group of traders on both boards?
Youtube has a couple vids re: pinchers. Surprisingly I came across them when searching out of curiosity. They originate from the topguntrading.net site which btw I've not visited yet and am not a member. It looks as if you have to be a member just to visit them. Here's the vids:
John Wayne..........I personally am trying to get to the point where I can call the bottoms more often than not, and enter without going in too early. You can tell by PARD that I'm not quite there yet. In fact, I've entered a couple of pinchers and played a day early only to miss out on 50% or better trades. It's irritating, but I intend to get much better at working out the bottoms both daily and intradaily technically. Feel free to post any stocks you might have on a watch list and we can all try and peg the bottoms. I prefer early mentions over late for sake of watching. Buying into strength is questionably safer, but profits are absolutely decreased when a person is able to not only find bottoms but play the tops equally well.
cmkxman
Good day crable for the board portfolio. Time for me to go to my real job. Talk at ya later...........
cmkxman
The pinchers are there folks! These are but a few that I missed out on today either from entry at todays open, or from entry a couple days ago to several days ago...........
ZLC
AMNT
CHTR
EROC
IGLD
cuzloc.........I've been tempted to throw that "force is strong" stuff out there for a while now, but just couldn't bring myself to do it. Didn't want to let people know I liked Star Wars as much as my 10 year old son. Thanks for that! LOL
cmkxman
RHINO.......it didn't need news, all it needed was the "chatter" that you referred to in your earlier post. At least that's my thoughts and opinion.
cmkxman
The board exited its recent position in ZLC at breakeven, and finally the pincher setup is playing out. Up over 20% intrady today. These pincher plays seem to almost always have a strong rally at some point after the pincher breaks, even if the stock is doomed to return to an extended bearish decline afterwards. Consistanly finding the safest and lowest entry to prevent stop loss is the real challenge.
cmkxman
Just waiting it out for now john wayne. Support is at .29 so you're in at the right price as long as it holds. Unfortunately for me, I bought a little high myself considering .35 being the obviously level of resistance now. It's showing pretty good support here.
Good luck to us both with it.
cmkxman
It's all green so far with the exception of IBIN for me, which hasn't traded a share yet this morning.
Not too bad crable, considering the night before. Even my children were up till 2am with us celebrating the incoming year.
cmkxman
Good morning crable and everyone. eom
cmkxman
And a very good first day of 2009 to you crable and all! eom
cmkxman
Mostly green for the board today. Good day overall! Now I'm going to prepare to have a nice dinner with my wife and children and then help the kids play with their Christmas gifts. Then after the kids go to bed, I'm going to celebrate the ending of a lousy year and toast the hope and great expectations for the incoming new year!
Have a great New Years Eve and New Years day all!
cmkxman
Re: IBIN - In bad need of a short squeeze! With insider buying, a high book value in relation to its current price, this tight pincher is trying hard to find support at .29. C'mon longs/go away shorts! Nice close leaving me hopeful, if not expectant, of an upgap tomorrow at the open and a run to the SAR line; .35 is resistance and needs to be broken first.
cmkxman