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Are FANC and BMIC ever gonna move up?
Why are they parked at .001?
Thanks Sully. EOM.
Ameritrade is screwed up this AM...
What is the currrent volume count? Thanks.
To anyone who thinks MM's play fair...
All you have to do is watch ETMM and NITE pulling their crap today.
They are the scum of the earth and need to be treated as such.
I laugh in the face of ANYONE that says the sole purpose of the market maker is to keep an orderly market. It's more like an "odor-ly" market.
I'll give it one more day...
Hopefully we can test .001 to see if FANC and BMIC and perhaps LAMP are really parked there to buy or just to give the illusion that they will.
Another weak day tomorrow should kill whatever momentum remains in the short term, IMO.
This waiting on pinks and subsequent events is killing the PPS. That being said, if it does at least stabilize starting tomorrow, I do think a big run is still possible and perhaps this is simply consolidation after a nice move. With a little sprinkle of MM manipulation thrown in for good measure.
My cost basis is .0009, so I have a little more leeway. But if this is going to run, it HAS to hold the .001 level on a closing basis. No excuses.
some power hour
:(
three days in a row finishing at or near the LOD. This will break the stock in the short term if it persists any longer IMO.
Cuban...
If you are referring to my expectation regarding share price appreciation, then point taken; I just feel that momentum is fleeting in penny stocks, and when the opportunity is there it shouldn't be squandered. So perhaps I am a bit impatient.
As far as expectations with company events, I disagree. IMO this has been dragging on too long now. People who called have posted that they were expecting something weeks ago.
I agree, total BS, but...
As I've said, you give these slimy MM's an inch, they will take a mile.
Waiting on this supposed full pink and subsequent events have given them that inch. I can't be the only one who's wondering when the heck these allegedly "imminent" events are going to happen.
The MM's will crush this momentum if something dosen't happen very soon. Even though, like you, I think it's through blatant manipulation. This will scare people into selling eventually.
BTW, so much for FANC protecting us. What happened there?...
I'll settle for a .0025 close...
Nobody wants to hit the ask to end the day? I'm sensing some MM shenanigans coming...
If .0025 is to happen, then...
someone(s) need to start hitting the ask right into the close.
so long as FANC stays at .002...
or higher, i agree we should bust through it. That should deter the shorts/MM's from being too aggressive to the downside.
you may be right...
guess i was kinda rounding off.
anyway, .0025, .0027, what do you think? blow through it, or will they try and hold it?
Possible resistance at .0025?...
This was the peak on the last big run (oct 2009).
Thoughts anyone?
FANC up to .002 on the bid. EOM.
Funny...
Thanks genie. You can stay out of the bottle.
Just wanted to see us break yesterday's high early.
WTF???
Why is nobody taking out .0023?
somebody take out .0023!!! EOM.
Hoping for no monkey business...
At the close today, like yesterday.
We all know they are naked shorting...
And they know we know. The question is, can we actually make them pay?
They are very cagey and elusive, no doubt because when the cards are almost completely stacked in your favor, it's easy to win 99% of the time.
We'll see.
Back to the task at hand...
I am perfectly fine with a slow melt upward until the shorts realize (if they haven't already) that trying to cover lower is an exercise in futility.
And if we get this news that people have been waiting for a while now, accompanied by a surge in buying volume, this could be some squeeze.
But, I will take it one day at a time. Won't buy into the euphoria too early.
OT:Hail Monty Python...
It's just a flesh wound. (A line from my favorite scene)
Hope the shorts meet the same fate that guy did. Also hope you know what the heck I'm referring to.
Aww...that's too bad...
I really feel for the poor sap(s). LOL.
I also like that FANC is standing guard at .0014, just in case these clowns try and pull something again.
Well Sully...
Then I hope he is LIVID after this week ;)
How BS was that close yesterday?...
Looking real good now.
.0018's - nice...
If we can close at .0018 or above, at or near the HOD, on good volume, then IMO we are in business.
Long day, however. It's still early. A lot of trading (and possible MM manipulation) still to be done.
jonny-
"You are taking into consideration that in most stocks people get tired of waiting and sell of. So far ICTY has seen consolidation/accumulation since the second week of August and no one is selling."
True, so far. But eventually people will get tired of waiting, especially if the charts break down as well.
"With full pink this week and news expected shortly there after, I don't anticipate anyone selling for at least the next two weeks. Also, we are seeing support follow it up the entire way."
Agree on the support (so far). We've been waiting on the "full pink" and subsequent news for at least a month now. I'll believe it when I see it.
"IMO (and i posted this early last week) at 18 the MM are going to test us. That will be their decision point on whether or not to average up or short it again. Today we seen both a combination of apples falling and MM shorting (they gapped it to test it, once the buying pressure wasn't there they started shorting it [28mil short today].
we get the buying pressure back, with the foundation built strong like it is, we WILL see .0028 IMO".
I agree with your take on this last point 100%. IF we get the buying pressure back.
I'm seeing a .0014 close...
This is what I mean. Give these slimeball MM's an inch and they take a mile.
We need to finish them off NOW. Not a week, two weeks, or a month from now. We've had plenty of consolidation. Time to make a move, one way or the other.
Sully, I agree that's it has set up very nicely. But one bad day, especially on volume, could ruin that setup. Even if it's manipulation, it dosen't matter; a bad day is a bad day, and will be perceived as such IMO.
Sully...
The way I see it is that we consolidated for a month before just recently breaking out.
If you are suggesting two more weeks of consolidation, IMO that would not be a good thing. Any short term momentum would be sucked out by then.
A day or two - OK. A week or two - IMO not OK.
MM's pressuring it down again...
Now at the LOD. They just won't let this run.
C'mon buyers - where are you?...
MM's will put downward pressure at any opportunity.
I would have thought with the way we finished up on Friday, the volume would be a lot higher today.
A little surprised and disappointed.
Now THAT is one good looking chart...
Textbook breakout. Barring any extreme MM manipulation, IMO, we should be in control at least next week.
Nice job, whales.
An exercise in futility, Sully...
I think it's in some people's genetic code to bid whack.
Anyway, looks pretty good right now.
Yep. We are. EOM.
Sure seems that way...
Looking at L2 right now, it does appear ready to go.
But we'll see.
OK Cuban...
Hope you're right. Really. Because those dips have to continue to be bought up.
I know I seem negative, but if we finish strong today on good volume, I think we got 'em. I will be very optimistic for next week.
Sorry, but I still think there's work to do today. And for the record, the chart has always looked great to me. What I said was that it was close to breaking, which it hasn't done.
That's the spirit, Phil...
NOW is the time. Can't let this opportunity pass. Keep the proverbial foot on the neck of the MM's, and don't let them up.
If we do, they will rear their ugly, slimy heads again.
IMO, today is a VERY important day. One that can decide the short term direction of this stock, one way or the other.
Battle NOT won yet, folks...
Better keep the buying pressure on today, or the MM's will drop this, and fast.
Have to have follow through on yesterday, then IMO we have control here. At least for next week.
Not willing to declare victory quite yet, however. Still some work to do today. And please, spare me the "it's Friday" excuse.
No kidding man...
somebody take out .0012 already.
Agreed Jonny...
If that were to happen (.0012), today is just one day.
Need to follow through tomorrow as well - with volume. If you loosen the grip around their necks, even a little, they will get loose and come back with a vengeance.
MM's are absolute WEASELS...
so blatant. but looking at how the bids are currently stacked up, a little ask slapping to end the day and we should be OK.
But you never know with these clowns and their tricks.