NEWL still looking for bottom...keeps dropping and dropping. She's burned me a couple times now:

ZDPY tanker chart:

UTRM still trying to find some support for a bounce...around .003 now:

Nice catch. I was looking at .004 as a support area because of those older candles that found resistance there before, but didn't notice the gap. Well...up from here, I hope

UTRM dropped below the 50-MA. Dang. Now where will she bounce?

Welcome to the game I love having you here!

GFOX 60-minute chart:

GFOX daily chart steadily down:

UTRM getting a nice bounce off the 50:

VAPE up 85% now. BOING!

Wow, 45% bounce for VAPE in the first few minutes of trading today.

Wow, VAPE dropped off a cliff with some nasty finance settlement:

Oh yeah, there's been some serious debt conversion going on with NEWL... r/s after r/s and issuing of more shares to pay the debt because of the dropping share value (which of course drops the share value even more). See the frequent 6K filings for that info. So yes, it is a seriously distressed stock, but at some point, the conversions should end, and if the price holds (as it has in the .20-.26 range the last couple of days) then there wouldn't be more shares issued to account for a further drop in price. You have a company that has had a terrible debt that dragged it to hell, but that still owns ships worth a few million dollars, so there is some material value there, even though they've killed their stock value.

I'm not arguing "for" the company, which has payed debt on the backs of their shareholders, but just saying that they may be a technical argument for a bounce. I'm in at .24 and .26 after losing money on my first attempt to flip it just under $1. Nothing risked, nothing gained. I'm hoping that she can get back to the .30's and .40's before another r/s is announced.

Yikes I'm a knife-catcher indeed

SPLI got a little bounce yesterday on good volume:

NEWL tried to find bottom yesterday with high volume:

MJNA all the way to the 200-MA...dropping with most pot stocks these days:

ICBU chart dropping to the 200-MA:

GRNH daily chart dropping:

FRTD nice bounce off the 50:

CBIS all the way down to the 200-MA now on the daily chart:

LVGI looking good off the 50-MA so far:

LVGI looking good off the 50-MA:

LVGI looking good off the 50 so far:

LVGI sitting on the 50:

Watching SKTO chart too:

REDG chart looks interesting:

ENDO dropping to the 200-DMA on low volume. Hmmm....

AMZZ down more. I flipped her once on news. Maybe another opportunity is coming? Going to watch it:

Yikes on NEWL. I should have sold for 10%-15% gain when it was up for 10 minutes this morning. Apparently there's some toxic funding going on that wouldn't let it go up. She closed at new lows on high volume. I'm thinking I should abandon my hope for a bounce back above $1. I was thinking $1.20 would be easy, but the selling is too intense...unless they lay off the gas. Even a day or two would do the trick. hehe

I'm watching DEWM closely tomorrow morning. I was waiting for a more solid hit on .005 but she bounced up quick off .0055 today. Maybe I'll get some tomorrow.

Watching CBIS chart go down:

Watching MINE drop on the daily chart:

SPLI dropped to the 50:

In NEWL at .96 and .98 to see if she can bounce off this $1 area:

Daily chart:

BODY broke 1.25 resistance and looks like she's heating up to make a run through the huge gap...

60-minute chart:

NEWL looks like Monday might be the day it breaks below $1. Volume is increasing the closer it gets. I'm expecting a quick push below that psychological breaking point, then a quick share-grab for the bounce. We shall see what happens

BODY daily chart pincher looks ready to go:

Watching CBGI come down toward the 50:

AMZZ getting a bounce now / 60-minute chart:

AMZZ may be turning the corner for the bounce here.

60-minute chart:

Wow, NEWL has been on a steady decline for a long time. $1 might be a good spot for a bounce though. I'll keep an eye on it.