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Yes, but only minor declines off the recent highs, and holding the gains of the gap up very well. Better to churn 3 - 3.25 for a bit, it still has to bust out of 3.50 which has proven very tough in the past. Chart has to weaken some in order to gain strength and momo again, holding up nicely for how oversold it was. The more it churns and the longer it holds these levels, the more significant the jump off the next gap imo.
Many indicators ahve fallen to or very near the point of support. MACD is on the way back down and looks like it is holding down RSI and SS, both of which are touching the supporting trendlines. Be short-term wary if SS %K does not flatten out or turn back up in a day or two.
The way chart is setting up maybe a bounce off .002 soon. But .005 or better seems very unlikely.
I'm going to sift through the kitty litter for mine! :) Scoop em up real cheap. Weeeeee!
Scoop em up, scoop em up! It's only down 90% in the last 2 months. Give it a little time... let it come to daddy.
heh heh heh
In a sick way, that couldn't be soon enough. Gotta love how they shook the bid down. .0027
4@ .0027 x 1@ .003
4@ .0025 x 1@ .004
2@ .002 x 1@ .0045
1@ .017 x 1@ .005
2@ .001 x 2@ .007
3@ .0001 x 1@ .009
oinco oinco oinc onco oinc oinco
beaten down on another high volume day
5th day in 2 weeks that more than 25% of the float traded
4 of those were down days
wow, could easily close in the .002s today
Dr Duhh-lution! Man who's he getting to buy these things 1.7M at a time? Are they all going to an MM or a bunch of MMs? Then you have to ask, if that is the case... are they going to continue to short, or are they gonna run it up with all those cheap shares?
1,735,000 @ .0031. From 2 @ .003 x 1@ .0035. Another 10% of the float as we know it. Nice downtick to fill that one.
Somebody dumping a bunch? MMs letting a big buyer in cheap? Where are all these shares coming from? Can't wait to see the AH today.
.003 thinning fast, this one's a real winner!
An easy $50. Actually, now that I went back and added it up, I was off by a little, seems I added daily volume instead of the trade for one day, the real total is
9,451,000 shares at a total value of $43,874.50 in AH trades in the lat 2 weeks (4/28 - 5/9)
Average = .0046 per share
If you look at AH activity just this week, 5/5 - 5/9, there were 5,911,000 shares for $22,869 at an average of .0038
So far in May, AH activity shows 7,851,000 shares for $33,154.50 with an average of .0042
weeeeeeeee
>10.1 M shares (~ 57% of the alleged float) traded in 6 AH trades since 4/29.
Including another near volume-doubling AH trade today.
5/9 - 2,015,000 @ .0043 - 16:00:27
4/29 - open .0075, close .007, HOD .0095, LOD .0055
5/9 - open .0045, close .005, HOD .005, LOD .003
Both we and the company would be lucky if they were selling at the ask!
More than 10% of the float sold in a couple hours...
That is some pretty heavy buying for such a flat day, no?
Why has the bid spread out so much? Now seeing .14 on the outside ask
1@ .004 x 2@ .005
1 .0035 x 3@ .007
1@ .0031 x 1@ .009
2@ .003 x 2@.0095
2@ .0027 x 1@ .015
2@ .025 x 1@ .02
1@ .002 x 1@ .029
2@ .001 x 1@ .05
3@ .001 x 2@ .14
AUTO has been off since 9;44 am
DLNY closed
That's better for anyone who is in now and has the patience to wait it out. I bet it runs up into the next Q and if it is decent as it should be, I say it runs up after that too and then becomes a real player looking into the next Q. There is LOTS of insitutional ownership of LVLT.
Got to say, I am surprised they haven't filled it yet either. Above the low and above the bid, they've already traded some shares below the bid today, maybe that is why they aren't raising the bid after all that buying at ask... ? See what happens after lunch I guess.
OINK-Oh! Gotta love the way the bid is supporting the 2M buys at ask huh?
2@ .0031 x 1@ .005
3@ .003 x 1@ .0055
2@ .0027 x 3@ .007
2@ .025 x 1 .009
1@ .002 x 2@ .0095
2! .001 x 1@ .015
3@ .0001 x 1@ .02
DLNY closed earlier today
Sure doesn;t have the impact 1M shares at ask used to have around here, but OK, could be good. A few more of those and maybe we really will have a bottom here.
He should love us! We're paying for everything he buys - - and all the while losing value on the $ we gave him because he is diluting our share of it as he is spending.
Assuming, of course, that he IS spending, and not pocketing the loot.
And assuming that we will see more shares when, and IF, they file an updated share count with pinksheets, - a poster here said the good doc told him they would "EOM". I think that was said on 4/28.
Gotta love the .003 going through while the bid is .0031. Kinda like .002 the other day, but not as bad.
The spread is now 50% of the bid.
1@ .0031 x 2@ .0045
4@ .003 x 1@ .005
2@ .0027 x 2@ .007
2@ .0025 x 1@ .009
1@ .002 x 2@ .0095
...
The chart was setting up for a possible pop, what with 2 up days in a row after 10 down days in a row and several new all time lows, but these guys are already mirroring it lower on almost no volume.
2@ .004 x 2@ .005
2@ .003 x 1@ .065
2 .0027 x 3@ .007
3@ .0025 x 1@ .009
1@ .002 x 2@ .0095
3@ .001 x 1@ .015
3@ .001 x 1@ .02
LOL! Not that it hasn't been creepy here in the past - but at least it seems we no longer need to showcase our skivvies at the fundraiser carwash.
LVLT 1 yr chart is getting ready to try at $3.50 again. I think the shorts can help it through this time. The gap up on 4/23 was the breakout from the downtrend begun in 07/07. The gap will propel pps through 3.50 resistance before the shorts are done. imo that was a very significant, and bullish, gap.
4/15 short interest = 237M shares, 15% of the float, 15 days to cover.
4/15 pps = 2.03
The current uptrend started exactly on 4/15
5/2 pps = 3.20
Weekly vol for 3 weeks: 4/11 - 5/2 = ~ 370M
Weekly vol for 3 weeks: 3/14 - 4/8 = ~ 272M
Therefor ~ 100M extra shares traded those 3 weeks and pps rose ~ 60%.
This week (so far) vol is back down to avg., no 'extra' shares traded.
5/8 pps = 3.23
5/15 pps?
5/15 shorts?
Too bad it is so long between releases of short data.
In theory, with another 100M extra volume by 5/18, if that was the shorts covering, the short interest in LVLT could shrink to a normal size and move LVLT to $4.50+. By this math the target would be ~ 4.87 - $5.05 on the rest of the shorts covering over the next few weeks. More short data please, these #s sound a little high for so soon, right?
Lower the target if they drag it out too long. But think about raising the target going into and hearing about another good Q.
When people see how well they've performed, 2Qs in a row, as proof of having a better handle on integration issues, and proof of the return of good growth, it will be much more than just the shorts moving LVLT.
And if you're lucky you you might get some 2.90s, even 2.76 along the way, but otherwise, imo, sub $3 shares are gone. And I've been wrong on that before! :)
For fun, look at a 10 yr chart, indicators all showing a bottom forming. I also see a lot of room overhead in the weekly chart. The time to be negative about LVLT is almost completely over.
See how giddy I get after a week above $3?
GLTA
1 AH trade for almost 98% of the day's volume, just a hair above LOD.
785,000 @ .0042 @ 16:04:57
804,000 = volume @ 16:00:00
1,589,000 = volume @ 16:04:57
You think there are enough listeners near Port St Lucey, FL to actually impact pps?
http://www.billchippasshow.com/
Well I see someone just spent $30 and raised the ask. But woops, $25 dropped it back down.
I guess I just got tired of Dr Doom's abuse, even .002 to .006 is a meaningless day for most everyone involved.
Chart looks very bottoming but no confirmed bottom. Bring lots of air, that usually means we'll be exploring new depths soon. Support is thin, spread is wide, L2 shows light support at .003 and heavy resistance at .007. Need lots of buyers to shake it up.
ONCO needs to give us something to jump up and down about - and not the hopping mad kind of jumping.
The (alleged) entire float can now be had for about $100K at the ask.
That's 20 buyers, $5k each, the float is gone. (again)
So why does it sit at .0045 x .006? I am sure that $5K in buys will get it to .007, then probably $10K more moves it to .008+... as long as there is no dumping into the buying. Over a dollar to under a penny in less than a year. I know pure scams that hold value better, and longer, than this. Maybe the buyers are waiting to buy the whole float for $65K this afternoon, or $33K tomorrow.
It is clear what ONCO needs to do to save their stock. Will they?
INteresting double AH print AFTER the 1st AH prints were closed with an intraday timestamp. Below is exactly as shown in my L2 window
3000 - 15:59:33 - .0045
1225000 - 16:09:57 - .0038
3000 - 15:59:33 - .0045
120000 - 16:00:15 - .005
1000 - 16:00:12 - .0045
3000 - 15:59:33 - .0045
50000 - 15:59:33 - .004
55000 - 15:59:12 - .0045
130555 - 15:59:03 - .0045
50000 - 15:39:48 - .0045
etc...
Maybe that's why it couldn't keep all those extra points today
Not sure how much support it really needs (unless the market turns back down) because of how it went from $4.32 to $3.28 in a day (10/16/07) on a huge gap down. Once it breaks $3.50 it should run right to $4.25 - 4.50, that's where it needs to build a little support, but not even all too much is needed there imo due to 5.84 to 5.03 in a day on a big gap down (7/25/07). Also depends on how the CO. is doing, projecting and so on. Sooner or later we'll find out, but that's what I'm thinking.
It will hit a nickel if you keep buying faster than they are selling! :)
.007 seems more realistic for today, but if the buying is there, the stock still moves very quickly.
Come on ONCO - make me sorry I didn't buy the store yesterday. Make me REALLY really sorry!
1@ .0045 x 1@ .006
2@ .004 x 1@ .0065
1@ .003 x 4@ .007
2@ .0027 x @ .0095
4@ .0025 x 1@ .011
1@ .002 x 1@ .015
3@ .001 x 1@ .016
3@ .0001 x 1@ .02
.02 appearing on the fringes radar
Indeed they do... and so does the stock! It's a bit of a quiet place, but a good board if you keep your knickers on.
Personally/Technically:
LVLT should just keep going from here, $4.25- 4.50 is the next Real stop, maybe by next Q... not saying it wont come without work but there isn't much resistance between here and there once out of the 3.25- 3.50 range.
$6+ is the 08 goal for me, which should also come pretty easily. I've seen $40 mentioned here, still can't figure that one out but it does seem this could be a good long term play. $6.50 could also become a breakout point but that is along time off.
I will 2nd that ONCO motion... :)
keeping an eye on AGHS too = .0028 to .0001 in 5 days BUT I've done zero DD on this one, could be pure trash
is my L2 right?
1@ .0035 x 1@ .006
3@ .003 x 3@ .007
2@ .0027 x 1@ .008
4@ .0025 x 2@ .0095
1@ .002 x 1@ .011
2@ .001 x 1@ .015
3@ .0001 x 1@ .016
EDIT
Just moved bid to .004 so spread = only 50%
Nobody has been able to get to get info out of the TA or the Co. The CEO refers you to pinksheets. If you get any info please share.
Someone asked about the AS.
As of 1/8/08 it is 200,000,000.
2@ .003 x 1@ .0034
3@ .0027 x 1@ .0035
5@ .0025 x 1@ .0037
2@ .002 x 2@ .007
3@ .001 x 1@ .008
2@ .0001 x 2@ .0095
600 shares traded so far - LOL - I wonder if that was darin_dreen tripling his position - :)
It is amazing what those few minutes can mean. LOL - laughing is good indeed. At least I am still up in that 'tupid water stock, got in early, took some profits, did that one right, but not sure where it is going from here but that is too OT - even for OiNCO.
Meantime, ONCO never gave enough of an opp for profit taking, I coulda had ~ 20% a couple times but passed since the float was so low and the news so good. A little interest and it woulda been through the roof but somehow they've been playing us.
My problem with pennies is my penny rules... I will hold through a 40-60% loss bc of how they recover. Then in minutes that increases to 90% at which point you really have little to save and still the chance of recovery is strong until the Co. sends the death PR.
I remember thinking I was so hot when I hit this for .01... now 70% down on those shares alone!
I always try to keep a couple pennies going. The real stocks can work real well of course. Been cleaning up on F, LVLT, ACI lately to name a few. Got 50% min each on the last few weeks :)
Not doing much with NMX (been in there for ages) but if you compare their daily volume with ONCO... and if you compare price action with volume... and if you compare potential, news, and so on... well I think you have a fine example of why not to put too much into pennies.
Of course we know this will not stop anyone from saying patience pays in pennies... esp when ONCO runs back to .03 for no reason at all. HaW! GLTY mtrewulf
People were saying the same thing about sub-penny with so low a float. But it got here real fast. ONCO just did .0095 to .002 in 6 days. .0009 is just a heartbeat away from the .003 close today, esp with that .002 low!
AND we don;t know what the float is anymore
16:05:45 - 1,765,000 - .0032
That is 10% of the float in one AH trade (if the float remains unchanged)
Yeah, that was a good one, I forget how much I was up and didn't sell, took my Mom out for her B-day lunch and came back RSd to a massive loss. Most expensive lunch I ever took her to :)
LOL! Well, I agree on waiting til 000s to buy, BUT I just put a buy in at .002 to see if they want to play that way
GLLK (old symbol) AZ real estate scam Co. did a simiilar thing late last summer, in early Jan they popped and ran fast and hard, then in the middle of it - and it really could have run much much further, they RSd it to death.
Difference is they were clearly a scam and had promised a few big things they did not deliver, had no filings at all, then some time passed, things changed a little, pps went from .02 to .0002, they PRd the things they promised 8 mos ago were about to happen, ran it up to about .0011 then RSd behind everyone's back and killed their own run which woulda made em all rich!
10,000 @ .002!! 4 levels down the bid, 11 MMs away!!
I blinked. Now .003.
.0027 was on the bid but after it sat for a few they moved it up to .003, ask has been building since it fell off fast
last 10,000 @ .0035 was above inside ask
2@ .003 x 1@ .0034
3@ .0027 x 1@ .0035
5@ .0025 x 1@ .0037
2@ .002 x 1@ .0045
2@ .001 x 1@ .007
3@ .0001 x 1@ .008
maybe bounce from .0025 to .0045 although I can't see why?
.0035 is next!
2@ .0035 x 2@ .0041
5@ .003 x 1@ .0045
1@ .0026 x 1@ .006
3@ .0025 x 1@ .007
2@ .001 x 1@ .008
4@ .0001 x 2@ .0095
$5M in revs min and $250K market cap?
No, they aren't diluting, they just have no control over the way it trades. They are completely transparent and the business is doing great, the space they are in is doing great, the outlook is fantastic... hence the PPS
I know I don't! ...Seriously, who is going to buy a stock that ... loses 30-50% a week, has been doing so for a year, does 1/3 its volume in a single AH trade each day, trades more than it's float every 2-3 weeks, has a CEO that doesn't know anything about the market and refuses transparency while pretending to be transparent .... ?
Why is .03 such strong resistance? I hope .025 proves to be equally strong support but it doesn't appear that it will.
When is anything going to happen with E&Y, filing, reporting, updating pinksheets and so on? Othwerwise we are lucky to be holding .025 as the Co. is little more than it was before the run up to .18 and fall back to .07.
They need to get out there and make the story bigger and better and start providing real transparency and proving revenues.