Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
At the same time, if investors had a high degree of confidence that this merger would not close, we would not be seeing an all time high in accumulation indicator. Investors are locked and loaded and waiting for that pr to start adding on more, I have no reason to treat this co as a stinky pinky pump n dump, neither do I see any good intent when others do this. Mergers do take time and the date given was a tentative one, they will not release any merger related prs till lawyers say they're ready...
same here...been fighting nite to get some shares on the bid all afternoon
very little selling going on and mms are stacking up on the bid quick in anticipation of a run up back to .28
imo very soon is indeed, very soon ! :))
prophetic dreams huh;)eom
just a perspective, why iweb is poised for exponential growth in the nearest term...
found this blog entry by a user of NETAPP - Iceweb competitor that provides similar services/solutions. Heres what was said:
just had a conversation with Adam from investor relations
I introduced myself as a board assistant responsible for creating their company's profile on ihub. Adam assured me that the merger is very close to being finalized and when I cited the June 30 deadline given by CEO he said that they hoped the merger to complete before the 30th, but due to lawyers having their own time frames that did not happen, but the fact that it didn't close before the 30th does not in any way put the merger in doubt, it was a tentative date.
on financing - I was told that there are investors already lined up to finance the merger but details on names and amounts could not be released.
on merger terms - Merger terms are close to being finalized and as soon as lawyers give them the go ahead, these will be released to the public
on length of time - I asked "Is there a chance that the merger will take an additional 2 months to close?" "No, no, the merger is to be completed very soon and unless there are deterring factors which I am not aware of it should not take that long at all..
Adam also said that there are PRs waiting to be released..
He allowed me to share this info with the board...
vert was up with 12k shares at .24 for no longer than a half hour
vert is at .28 now with 25k
i dont know what kind of "unloading" that is, that was a little over $2500 on the ask by vert, $2500 ..booy did they unload that on us
impressive buys came in eod second part of power hour
a large buy order of 70k at .25 was able to knock out 25s easy
imo level 2 action shows that iweb will be trading thin with any positive merger developments...and according to Axelrod that is very, very soon to come
charts still look amazing, rsi is holding on to 50 and is getting ready to bounce up from there.
EMA, RSI, MACD, Fibs, TDD indicators are all very bullish and we are poised for a break out
Recent CandleStick Analysis
Very Bullish
Date Candle
Jul-06-2011 Homing Pigeon
Jul-05-2011 Hammer
Jul-01-2011 Bullish Engulfing
Jun-30-2011 Bearish Harami
60 day, 2hours
9month, daily
4year, weekly
with a close of .26 or higher ..check out this TA
http://www.stockta.com/cgi-bin/analysis.pl?symb=IWEB&num1=1&cobrand=&mode=stock
Analysis
Overall Bullish (0.32)
Short Bullish (0.26)
Intermediate Neutral (0.14)
Long Very Bullish (0.55)
Support/Resistance
Type Value Conf.
resist. 0.29 2
resist. 0.28 6
resist. 0.26 3
supp 0.25 7
supp 0.24 10
supp 0.23 4
supp 0.22 13
supp 0.21 3
supp 0.20 10
supp 0.18 2
supp 0.17 2
supp 0.17 2
Chart Indicators
Ind. short Inter Long
EMA VBu VBu VBu
MACD VBu VBu VBu
RSI Bu
TDD Be
Fibs Bu Bu VBu
Highs Be VBe Bu
Lows VBu VBe N
Trends N Be N
Stoch. Be
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish
looks like investors did their DD here and are likely to hold over the long weekend and on...
the risk to reward ratio here looks very attractive,
the downside is limited, I mean how low will we go even if merger falls through (which is close to being impossible at this point, well at least from my pov). With cloud computing just taking off, many investors realize that its not much they're risking to lose here even in worst case scenario (no merger).
the upside, on the other hand is limitless, with Nasdaq on the horizon and major contracts ahead...
well i hope everyone enjoys their 4th of July and maybe well come back to a good PR here.
wouldn't be surprised to see an after 4 pr on fri..markets closed for the long weekend, that would be awesome
with you on that... imo they should have done at least a minor update for their shareholders on the status of this merger but in either case, I am waiting on flippers and traders to drop some of their positions if no update is issued before or after the end of QTR, got a large order on the bid to take the sucker's shares out their hands ;)
but Im still optimistic on the whole situation, and although they are slow to issue updates on the actual merger, we do get new contract updates most of which come from Promark's channel of dist. so I take that as a good sign of merger moving forward...
yess sir..does level2 look sexy or what?!?!?!
up 10% on less than half a million shares !!
the chart speaks for itself
could be the start of the run here
etmm is loading heavy today, they're not going to let us go any lower I see, we're positioned nicely for the rally and only 3 days remaining until 3rd qtr is over ;))
210,000,000 o/s post merger
Buy Vol 235,000 - Sell Vol 690,000
for every 1 share bought 2.94 shares were sold
1:3 ratio
ask looks thin right now, soon as novice traders run out of shares to sell we're going back up through that resistance imo
imo mms will let weak hands exit at lower levels before they pull the stops
lol late night DD..good stuff,
i think were just touching the tip
of a huge iceberg here these past 2 days,
looking for a pick up in volume to follow
in the next 10 trading days
imo once investors begin uncovering the goodies of this
under the radar play we should see lots of cash flowing in...
Todays volume breakdown
most shares traded hands today at 0.28 cents, making up 28.7% of the day's volume providing $106,057 in cash amounts.
next active trading level was at 0.285 with 8% of day's volume and $31,355.
We've consolidated on decent buying volume at main resistance level, making way for the next move up. IMO EOW will close very green
Buy to Sell volume
655,763 to 638,645
Ratio
1.02:1.00
Amen to that :)) and imo its very possible and .40s are highly probable eow
With buy to sell ratio being around 1:1.3, pps is holding up strong...indeed a nice consolidation at main resistance point
Buy Volume vs. Sell Volume - amazing
Buy Volume 2,782,084
Sell Volume 25,000
congrats to all those who waited ;))
at this point im loving everything about this play...
technical cup and handle breakout
weekly chart made higher low and started right back up with an uptrend - looks like a solid confirmation once we break away from .20s.
great exposure from this newsletter, like it or not, whoever paid WSG def got the traffic moving in, new money is here !
imo were in perfect position right now, completed merger financing announcement will easily take us to new highs here on our dolla dolla bills trajectory.
GLTA
amazing day, breakout volume, exploding pps
agree, plus its not Iweb that paid for it anyway, why would it matter even if third parties paid 100k?! its good for us when new investors come in..
i only heard of pennypayday, who else got paid?
..you called it eom
Marketing Research and Exposure coverage
A Research Report is available from by Global Equity Reporter
IWEB VIDEO Stock Chart
IceWeb (IWEB) Technical Stock Chart Video
what you guys think? breaking .20 in the power hour?? etmm is selling...eom
this is what i call a magnificent chart
-well formed cup&handle
-perfect trend lines squeezing out pps
-bullish sma crossovers, weekly trading is right in between the avgs
-parabolic crossing over
-completed fib retracement
-rsi in oversold
-doji bottom forming at .20
the bullish signs are all here
imo only a matter of time for the bulls to arrive :)
dont worry, pps will be your reward ;))
Today after market open,
they are offering current investors first dibs on 20MM financing opportunity
Imo it won't take too long for institutional investors to raise this cash so I'm really expecting this to close very soon
Ps. When you spoke to george did u mention that you believe in long term growth for iceweb? I think they were noting whether you're short or long term on this that's why an email wasn't sent out to everyone
these are the contents of an email i got today
Check out IWEB Cup and Handle pattern
I did not apply any techs to the chart, just wanted to show the cup and handle on the 9 month
cup is well formed, marinated over 6 months, handle is 3 months
and is holding 1/3 of cup right side's high of .28, which is .19...we got down to .20 with no sell volume and seems ready for a bounce...imo we should break the handle to the upside within the next 2 weeks...also co. is closing on a merger by June 30, taking revenues up 7-10x
check the weekly on this one as well, could be a break out of all breakouts here
IWEB Cup n Handle
check out this lovely cup and handle we got here, the timeline is perfect, its also there on the weekly chart. Co. is in process of closing on a merger latest June 30, that gives us two weeks untill we start moving up to brake that handle
if you look, we had that gap and go to .28 also from a cup and handle formation....
this looks solid imo