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I understand what you did, and that's all good. I just prefer the YTD for my analysis. We can both be right here, just a minor difference of opinion. Best of luck with your trading.
ps- It would be nice if you learned how to spell fibonacci ;)
I disagree with your A to B fibonacci points. I'm starting the 100% at .105 on 2/05 and the 0% at .03 on 8/22. This makes the sell off on Tuesday make sense because the high of the day was at 50%. According to this our next leg up should put us at .0685, which I suspect we could easily bust through with decent news and/or big volume. This puts the next resistance level at .077.
Just my opinion.
It depends on your outlook here. If you're trading it, get out. If we close below .057 today it is almost guaranteed to drop below .05 briefly. But there will be support around .048. I still think this is a good stock to hold longer term(6 months and then reevaluate). There will be another spike up in the coming weeks or month and it will go higher than this recent spike up.
We really need to close above .0585 today or we could see a downward trend back towards below .05. This is according to a YTD fibonacci retracement which has been pretty spot on with this stock. The high of yesterday triggered a sell off when it hit the 50% ratio.
A close anywhere near here is fine. We were down 15% this morning and bounced back amazingly. The accumulation chart looks solid. I predict we'll trade in the .06-.068 range for the foreseeable future until there is some news.
I see there being a lot of resistance at .0676. If PHOT breaks that point then it could fly through the .07's.
I think we'll be lucky to break and hold .07 today. But I'll take it.
ummm I've been trading this since March. Not exactly a late arrival. If you have actual things to bring up can you put them in a more traditional English format, please? Thank you.
hopefully.. heh, ending up buying some more on that dip.
Sell on the news.... ugh I new I should have gotten out yesterday. This thing will trade back down to about .05 until something else happens a month from now.
This sector is anemic. Needs a blood transfusion.
Small trades bringing it down EOD. Nothing to worry about. I'm seeing good support all around to make sure this thing stays above .06 which is all we can ask for today.
Tomorrow? Hopefully a steady climb on the news.
Worst. Stock. Ever.
profit taking time for flippers
lots of big buys today. these are most likely long term holders, not traders looking to make a penny.
Didnt we have a lot if troubke with .06 last time?
What website are you looking at? medicalgreens.com absolutely has updated the address.
This is a distraction. And albeit a horribly desperate one.
http://3300irvineavenue.com/index.html
looks like an office building to me.
Flyguy beat me to it..
Anyway, things are looking great for SKTO. Cheap Cheap Cheap right now.
Both load for me just fine.
No. They are due today. We should have seen them 40 minutes ago.
This is embarrassing for SKTO. We might actually close down today. Are you effing kidding me.
Oh no! A stock that went up 150% yesterday is down a measly 10% at the moment!
You know this is completely normal market activity, right?
106 million shares traded by 1:00 pm. But this stock is out of gas. Right.
"sucks" ? Care to elaborate? I missed that word in my econ classes throughout the years.
you still made money today... You just don't have it in your account yet.
Formalizing and Forming are different words. lol that you think there is absolutely no plan at all. Nice try.
I agree with this.
I am glad we heard from Kevin and the company (kind of a FINALLY situation), but let's not get too giddy about it either.
The whole changing the ticker and forward split wasn't even mentioned.
New MM 'ARCA' has been on ask this week.
https://usequities.nyx.com/markets/nyse-arca-equities - same ARCA?
Seems like a good legit MM to have around.
Who did you speak to exactly?
RXGR
Just to throw another one out there... Although I believe it should be and will be MDGR.
Let's not leave it at that. Please do tell.
We've been hearing about the suspension of SKTO for over 3 months now.
And how exactly could they have plausible deniability when you guys have documented every move? You negatives here have actually proved this stock is legitimate by putting so much light and pressure on it. Thank you.
"Presidents of the United States have included Ronald Reagan, Bill Clinton, and Barack Obama"
That sentence is grammatically correct and true. But it does not mean that Barack Obama is a former president like Ronald and Bill. Understand? Probably not, but who cares.
Oh, so now you want to have a grammar argument. I forgot this is the internet and no argument is complete without throwing grammar into the mix.
I am not seeing what you are talking about:
http://www.linkedin.com/in/jeffbenz
LAW PRACTICE:
Experienced senior sports, entertainment, and technology executive and lawyer with extensive background advising technology, entertainment, and sports-related businesses and executives on marketing, strategy, legal, fund-raising, and business affairs matters, including sponsorships, marketing, advertising, licensing, online marketing, social networks, rule-making, dispute resolution, operations, international issues, consumer products, distribution,fund-raising/venture capital, litigation and dispute resolution, employment/labor/HR/issues, insurance, and wide variety of issues that affect the growing or mature company. Provide outsourced general counsel services. Have represented private, public, large, small, profit, and non-profit companies. Solid China deal and operational experience. Clients have included film production companies, athletes, directors, producers, writers, actors/actresses, and larger companies such as production entities, sports governing bodies, medical providers, DISC Sports & Spine Centers, Yahoo!, JASH, and Medical Greens/SKTO.
I really like what I'm seeing today. You can really get a feel for a stock on a day like this when there is extremely low volume and thin trading. Only the avid traders are participating today. The overall market is flat, and most of the MMJ market is in the negative. Yet here we are trading decent volume considering and we are green. This is a positive sign overall.
Yea. I've been losing sleep over his situation. Need to know.
Expires: November 30, 2010
lol man. lol.
It's registering as nothing for me, just a 186,000 trade. Obviously a glitch, and a buy is the only thing that makes sense. I just didn't know what it was.
ahahhaa. Yea because SKTO, I mean Medical Greens, never comes through. This has gotten so old.