Except I think today's decline is the result of new NSSs. The same exchange has been sitting on the ask all day, much of it alone. I hope they get reamed.

We'll run when NITE goes away; held us down yesterday and has been pushing us down all morning.

If we hold .02s, anywhere from .10 to .30 imho; hard for me to be more specific at this time.

Meh, I called a bottom at 0.021 a couple weeks ago and was accused of bashing. And in my experience, charts are what they are -- data, incapable of wrong or right -- interpreters are wrong.

If we can get NITE off the ask, we should have a good day.

I can't PM, but wanted to say thanks for your comments. I had agreed with lowtrade about that, which is why I had initially kept my 0.0166 bid and canceled my 0.021 bid; however, I think there is a good chance of support here and I added some today at 0.0222. If we lose .02s, I'll trade some out and pick it back up lower, probably around 0.016-0.018.

With regards to the other, my position is pretty small, but I'm watching that -- hoping that news this week will trump.

I believe we have one coming shortly also; I had a hard time not adding today and yesterday. I was typing in a purchase order after the PR bounce but noticed a gravestone doji on the intraday then watched the wheel spinning at 0.025 and decided to wait.

I pulled my GTC at .021 last Monday and left one at .0166 -- I will either let that one fill or wait for a convincing bottom and add on the upswing. However, with our old friend buying on the bottoms, support here is looking pretty good.

10M Mystery solved (I think.)

http://investorshub.advfn.com/boards/read_msg.asp?message_id=23064335

Good now, bad later.

Anyone else draw a different conclusion?

That's what it seems to me. eom

NEWS
Dear Shareholders:
I am pleased to update you on the progress of WiseBuys Stores, Inc. ("WiseBuys"), including its pending acquisition of Patrick Hackett Hardware Company ("Hacketts").
We are pleased to announce that WiseBuys Stores, Inc. ("WiseBuys") has again retained the services of Dannible & McKee, LLP to complete the audits of Patrick Hacketts Hardware Company ("Hacketts"), which shall initiate its audits on Monday September 24th. The May 24, 2007 acquisition agreement between WiseBuys and Hacketts was amended in September to include the completion of the audited financials as a contingency since WiseBuys will be 100% owned by its public parent, Seaway Valley Capital Corporation, at the time of the WiseBuys-Hacketts closing.
I am pleased to be able to update you on these events, and I shall continue to update you with further developments.

Thanks, nello, I think that is best for all. I appreciate your swashbuckling style and enjoy reading your posts.

I'm agreeing with you, my comment was directed at wick. Having experienced this exact circumstance with this poster before, I warned about this likelihood about a week ago, but that post was deleted. Fortunately, it doesn't look like too many were hurt this time. His recent posting history reveals his motives for anyone caring to look.

Shares would have been dumped into the buying -- there was no buying so no dumping. Now he's stuck, draw your own conclusions from that.

Hi, nello.

Look at his posting history, that will tell you all you need to know.

Just broke yesterday's downtrend.

This time the outcome is hilarious. No one bought, not even him, and he's being called on it.

Hard to say... The volume reduction on the lows is a good thing, now we need to watch for increasing price on increasing volume. If not, there is support at .023, .021, and .0165. We have an old August uptrend coming into play today, not an exceptionally strong one, but helping a bit with support. I agree with lowtrade about upcoming 10M volume day -- that should be a good day to buy. I usually look for a strong cross over the 5 day volume MA, in our case, the 5d MA volume is ~38M and dropping about 15M a day this week. Looking at an indicator of my own creation, I think we will see higher highs and higher lows in days -- we're already seeing weakness in new lows.

whoops! sorry.

nope. pps x 1.25^d; pps at .024 +25% for 5 days would put us at 0.073. Compound, compound, compound; seems a lot of people here neglect this, which surprises me given the nature of the our interests.

Edit: oops, sorry.

I knew you'd say that.

Me niether... I simply told someone to "Get out of here" for pumping another stock once -- that post lasted less than 60 seconds and the pump post remained.

On another fedex11 board, I warned that ne**o didn't always stick to his word and was likely to dump a lot of shares without warning -- that post was deleted.

I once wrote a 3/4 page response to one of lowtrade's TA posts explaining why I disagreed with his methodology and that post also lasted less than 60 seconds.

It's hard to figure out what can and cannot be posted with so much inconsistency in the deletions. So why can some people write crap like this? Where is the line? Where is the consistency? ARRRRGH.

At what point did the drop become drastic? The decline into 0.04s was not surprising at all to me, it was the drop into 0.03s that stung. I agree with peorge on that point, ne**o likely dumped a lot of shares when the stock happened to be technically vulnerable and pushed us out of the channel we were in. That said, I'm not seeing anything on this chart any worse than I've seen on most other large breakouts -- I actually think we're doing pretty well: .028-.03 is great, .021 is fine, and if we hit ~.0162, there will be a helluva bounce. I would consider any break over 0.038 exceptionally bullish.

(Just noticed my posts about ne**o on F**N were deleted -- how long will this one last?)

Fib retracements tend to be more dramatic here in penny land, 50% (not really a fibonacci number, but frequently found in retracements) and 61.8% being more common. On the major exchanges, you'll notice a lot more 38.2%s. lowtrade and I disagree on some interpretations, however. He neglects the candle shadows as a rule, whereas I rarely do this, and when I do, it's not without considering the intraday chart price and volume in those upper shadow levels.

LOL! I second that sentiment. I wish I had multiple personalities just so I could third and fourth it too.

<<oh hell this is like watching paint dry.>>

That's how you know it's about to get interesting. Bottoms happen on low volume, followed by a rise on increasing volume. We're halfway there.

I agree with both you and tldjr; I meant to address generally an issue that came off as specific to dt because of the post I responded to -- sorry about that.

I never get perturbed with anyone presenting a reasoned argument for their position, regardless of whether I agree with them or not. In general, not SWVC or this board specifically, I've found skeptical longs to be the most informed and realistic people. I get perturbed when people repeat themselves endlessly or express views without basis.

Take lowtrade, for example, I disagree with him much of the time, but he usually does a good job of backing his points up.

Testing last of the existing intraweek downtrends that I see; if we break this, we should be testing .04s.

au contraire.

fwiw, I didn't think so either at first, but I have had good results with atrade's strategy desk's chart tool on log charts -- I can post screen captures later if you want. e.g. I had gscr support at 0.003946 after the drop from .065, actual was .004 I think.

.0115 is the 61.8% log chart retrace of GSCR's fall from .065 to .004 (which was the log chart 61.8% retrace point of the .065 run) and also the 38.2% retrace of the .065 run.

I think the filling gap stuff is mostly garbage; when gaps fill, they seem to do so quickly because there is reduced support/resistance in that range, but I have not noticed any sort of "law of attraction" for the pps to head toward gaps. There is, however, fib support at about 0.0165 and 0.0115 which may make those areas suitable for GTCs, though I'd be pretty surprised to see them fill. If tomorrow is nicely green, I think seeing low 0.02s again will be a stretch.

<<Leave the graphics to me>>
SWF makes a lot more sense in that context.

I added some; a little premature, but I liked the momentum. Hoping for a .032 close.

If we close over .031, we have a good shot at .04s tomorrow, otherwise, I think low .02s are more likely than not. I will buy in either scenario.

I still see a downtrend on the 60 minute log chart, a close over .031 would break it.

I don't really know what everyone is getting so worked up about -- when the 8k comes out, none of this will matter. In the meantime, I want cheap shares; if others don't want to hold onto them, all the better for me.

I've got a buy in there, but arca is in the way at 0.026.

Mine was at 0.021 :( I pulled it after the dilution was revealed and put it back after that close we had. Hopefully, today will stop DRO1.BE & SWVC from chasing each other down, but usually bottoms are tested at least twice. Congrats on your purchase. Geaux has me looking at the SAR and the 30 minute seems to track pretty well, so if my bottom purchase never hits, I'll probably buy on the 30min SAR switch.

LOL

Down after news of 100% ownership, up after revelation of dilution. This stock is crazy.

Intraday stochastics lining up for a bounce... 5, 15, 30 min all in place, just need the 10.