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Affinity Gold Corp. @AffinityGold
Shareholder Conf Call today @ 2pm EST. Sebastian Wahl will be a guest speaker! Check website for call in details. http://bit.ly/1qiukFB
Time will tell old friend.
So nothing has changed then?
This bull is kicked back with his feet up at the big table kiddo- haven't gone anywhere and no intention of doing so. FYI
Sooner or later it'll be "Next Week"-
well that's the market for you- buyers and sellers finding common ground
Buying the blood because I can.
Well glad I got all those .0175's today. Never quite get the very bottom, but I like today's lots.
You're right it's coiled and ready. Looking forward to the run with you
Totally agree- this is going up hard soon- you're right about the impending run
I'd like to see the +DI ricochet off of the -DI and start heading back up under some buy pressure and better than average volume....
Any type of useful communication from the new CEO wouldn't hurt- Sometimes a good plan is nothing more than a detailed list of things that just aren't going to happen. But you cant keep us in the dark forever.... for better or worse spill it...
In light of the hate mail received, and the obvious need for an internet hug..... my attempt at a humorous suggestion shall be this:
in the future when faced with the decision or opportunity to select hardware for a replacement, maybe select one with a less ominous name, I mean really- Who installs a "Catastrophic Switch" these days... many advancements have been made recently in the manufacture of such hardware.
Some possible suggestions may be a Calamitous Switch, or disastrous switch, or even a cataclysmic switch...
suffice it to say that shit happens, and when it does it takes a geek to sort it out- Good Job Meatloaf.
$ORFG Thoughts and Chart:
Although I'll freely admit right now the chart is looking rather drab, one indicator to keep an eye on is the ADX. The Average Directional Index (ADX) measures trend strength without regard to trend direction. The other two indicators, Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), complement ADX by defining trend direction. Used together, chartists can determine both the direction and strength of the trend. The Average Directional Index (ADX) is used to measure the strength or weakness of a trend, not the actual direction. Directional movement is defined by +DI and -DI. In general, the bulls have the edge when +DI is greater than - DI, while the bears have the edge when - DI is greater. Crosses of these directional indicators can be combined with ADX for a complete trading system. Todays close leaves the +DI and the -DI at a crossroads of sorts- who will have the edge after the close tomorrow? That I can't answer, I can only hope. Even though I'm not a big fan of Friday PR's if there were ever a Friday to drop one for the charts sake, tomorrow is the day. A meaty one, not a run of the mill "update", again can't predict when or if it'll come. My money is on it coming. I'll wait for it. Back to the ADX... At its most basic the Average Directional Index (ADX) can be used to determine if a security is trending or not. This determination helps traders choose between a trend following system or a non-trend following system. Wilder suggests that a strong trend is present when ADX is above 25 and no trend is present when below 20. There appears to be a gray zone between 20 and 25. As noted above, chartists may need to adjust the settings to increase sensitivity and signals. ADX also has a fair amount of lag because of all the smoothing techniques. Many technical analysts use 20 as the key level for ADX. Currently the ADX is below 25 (barely) and above 20 (barely), it could be said that $ORFG is no longer trending. What does that mean? It's lost? Wandering?- What it means to me is that we now have one key support level left. The 200(SMA) @.014- will it hit that low? That depends on how willing current holders are to sell at a loss- For many days it seemed that holders were unwilling to sell down here. That changed today- It was discussed (mentioned really) that there was a large holder exiting, couple million shares it was said- certainly enough shares to take it below recent support around .021-
It makes perfect sense for the downtrend to be weakening as we approach the 200(SMA), typically that would be a reversal point, or at least a bounce level.
Personally I'm a bit of a Gambler. I'm holding and adding. I'm playing with house money however which makes it a little easier to keep adding, and holding all. Am I red? Yes on some lots I am (deeply) however I've managed to trade a bit along the way taking advantage of the channel we've been in for a couple weeks.
I'm willing to wait- In for a penny in for a pound(ing).
Before the ADX dropped below 25 I was of the opinion that the downtrend was weakening, and awaiting a reversal. I'm still of the same mind.
The RSI continues to be at oversold levels. Also closed below the lower Bolli today another bearish sign.
I believe when the reversal happens (assuming it does) that the upswing will be explosive. We will finally be in "Next Week"
Obviously there must be some factor(s) holding up the company and it's formal name/ticker change.. when that is resolved and we get the news we're waiting for and the elusive valuation, I believe the chart and thus the PPS will recover quickly in an epic fashion.
Just one traders thoughts and opinion-
Thanks for reading
~KP
original post
*Some parts of this post pertaining to the explanation of the ADX , +DI, and -DI were taken from stockcharts.com as I am neither willing to, nor capable of explaining it as clearly as what is written there.
Bought more today. I'm a gambler. House money always wins. $ORFG
Sure thing Amoo-
I hadn't been watching L2 most of the day- I believe ya though
Here comes ARCA to short
Keep dumping. It doesn't phase anyone anymore.... Audits will be done soon, current in regulatory filings right after, then we'll see- until then no one cares...
Who cares-
Welcome aboard.
Hey. You're not supposed to be watching it....
These dicks going to let this move today?
That's a recent change- last week it only had the entry for the "Reserved" Name.
http://nvsos.gov/sosentitysearch/CorpSearch.aspx
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=YbK4wZg3VN91Auf73WT5%252bQ%253d%253d&nt7=0
Just trying to keep it light bro-
Smile it's Friday. I guarantee this wont go down tomorrow!!!
Bang Zoom to da moon Alice.
I have the new ticker symbol.
It's. OMFG-WTF
Lol. Hang in there guys, obviously deep pockets on the wrong side of this trade are fixing their f*ck up an covering.
this is what happens when 10 people say news is coming, because 10 people told them, and they told two friends, and they told two friends..... and the news doesn't come..
Either way... Depends on your sentiment and how you draw your trend lines I guess- this needs a kick in the ass to break above the upper trend line though. That's for certain.
A bull pennant and descending triangle are two completely different things.
More of a falling wedge than a flag or pennant IMO
Can't channel flip it anymore huh
I think there's better than lottery odds, considering the comparison of track records of the previous management, an current management, and also considering the progress made in the last 6-9 months versus the previous 4-5 years.
why would they lower the par value from .001 to .0001?
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9900933
I'll save this post Thanks and bookmark the page
That may have been the one I saw- I wish I could remember who I was talking to at the time, whether it was on iHub or skype. If I could narrow down the search I might be able to find the link that was given to me.... It's nothing special, now it's more of a "what the heck did I do with that thingy", just a sign of my age catching up with me I guess... Thank you all for taking your time to help. I'll come across it again I'm sure, and the solutions you each gave will produce the same results I'm sure.
thanks again
~Kp