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Looking good here fellas -- looks like the Golden-Cross move is starting.
Wow, I can understand your unhappiness, Ace -- I do think it'll head back up there...but that's me. I'm in the same position with PDMI.
You have 2 choices;
1) wait until it does hit .0017+ again through the anticipated short-squeeze
2) average down your price
Just my .0007 worth ;)
Too true, up-down...fine with me; extracting more short-termers and forming a new base at .0006/7
Strong volume and big hits at .0006 -- up from here imo
.0007's thinning, .0008 coming!
Very predictable extraction...removal of the ceiling here, close .0008-.0010 imo
I hope so Blackeye, we've taking a beating the past couple days but the chart is looking like upwards is the next move.
I wouldn't be surprised to see .0009&.0010 -- by the charts...
Thanks for all the positive comments guys/girls. Really interested in watching how this "pans-out"...imo, we go up from here but I've been wrong on many of these; AMHD, HESG, PDMI, KKUR...etc..etc..etc...
Wow, never knew that Goldman...good to know since I have a TOS account..., very interesting!
Looking good. Golden-cross in effect and actually looks like the 100SMA is also going to cross the 200SMA. Looking like Cross-Central here at HMIT; just a matter of time and patience for a break-out!
My understanding of shorting in the OTC/Pinksheet market is as follows:
1) No retail traders can short OTC/Pinksheet stocks or stocks under $5 for that matter
2) Generally a combination of market-makers and small hedge fund sell short OTC/Pinksheet co's in order to drive PPS to .0001 where the stock becomes trapped
3) Co's only assist the "shorting" activity with heavy dilution since they are not profitable enough to generate sufficient working capital and try and get as much as they can before .0001
4) The "Shorts" wait and watch the dilution which only assists them or even a R/S which adds another 50-90% gains to their position
5) When the "Shorts" (market-makers & small hedge funds) decide to cover they can do so easily & safely at .0001 and .0002 due to the significant volume required to move a company's stock out of this range.
Well, that's how I understand it.
In some cases, such as LCRE, they nearly had it "trapped" and then it broke upside due to 1) forthcoming software launches embracing handheld devices 2) Test pilots 3) anticipated business ventures 4) No R/S 5) Limited dilution etc...etc...
If they sense that the "trap" is not going to work, they begin covering which triggers a "significant rally".
LCRE could be on the "cusp" of such a major rally and only time will tell.
Just my 2c worth (if only we'd head there...lol)
L2's looking thin -- we could easily close at .0009
Lol...MM's trying to get shares at .0012 -- what scumbags. Not going to happen, longs are taking back control!!
Could this be a "squeeze" trigger -- MM signals followed by multiple 500k blocks...hmmmm
Looks like MM signaling going on...could we finish at .0018
I understand that, River, but if they see no more sellers lining up (and this is heavily oversold now), that's when they might start covering and trigger another S/T rally.
Bigger buys have returned...
Here we go...bigger buys returning - could the short-squeeze be starting...
Looks to be thinning -- a couple more "decent size -- 1M++ hits and we'll close at .0018 imo
Would be great on a very down market day...
Well said, Sully.
Hold tight, MM's are playing games to collect shares...might they be a little short...!?
If they're holding back orders...this will run from here
Excellently done, DG2100. I'm surprised how well HMIT held up given the attempted manipulation today...
I still think we'll surpass "highs" this week, the chart doesn't lie!
Sometimes these kind of plays ".000's" require huge patience to extract flippers and create a good long group.
Are you kidding, the chart looks great;
- RSI still close to the "power zone" and looking to turn.
- Volume increasing from Friday.
- Support at .0012 to .0015 is holding, so a good consolidation pattern
- "Golden-cross" happened today. Could take a couple of days or even a week to take effect.
Imo, we test .0020's soon and new highs this week.
Congrats to those buying in at .0007, you just tripled your money... ;)
Glexx, watch & learn -- this will come back and come back strong.
Wow, screaming buy here imo -- should bounce of .0006 & .0007 which is the 200SMA. Golden Cross is approaching...
Don't be surprised to see .0020's today. JMHO
I noticed that, Quick (i.e. 999999 dumps), hate to say it but it looks like either 1) manipulation or 2) dilution
Extraction of day-traders and other weak hands...could close at .0020+
Looks like we've "consolidated enough" and time to move on & up!!
Lots of manipulation going on in HMIT at the moment. Golden-Crosses have never let me down...so I'm holding tough!
This will only make the longs group stronger...0014's will look like a gift.
Golden Cross today which can sometimes take a couple of days or even a week to take effect. Happened with GOIG at .0050, stalled for a week and then...poof, .05
This will only make the longs group stronger...0014's will look like a gift.
Golden Cross today which can sometimes take a couple of days or even a week to take effect. Happened with GOIG at .0050, stalled for a week and then...poof, .05
Thanks, up-down -- healthy consolidation and we'll be in the .0020's next week.
Technically still in the "power zone" and doing exactly what the stock needs to rise...extract flippers and attract longs.
Golden Cross is approaching rapidly...this will see .0030's++
Golden Cross 1 day away...Kaboom, lift-off -- many are already calling for .0040++
Just doing some gardening & pulling out the weeds...lol
Good extraction of fear sellers...
Great move here on the 50/100SMA cross. The 50/200SMA cross is approaching and might be more explosive.
I'm surprised how well this moved today -- we could see .0050's into the lauch and beyond.
I am impressed, we caught HMIT!!