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I've heard that before. Real this, real that. I understand they received a government contract, but I'm not sure you understand what that implies. The government is one of those clients that are great to have, but hate to work with. They will not see any funding until they come through on their end, the government does not pay up front.
Holy hell this thing is taking off. Was there any news? Or is this just a dead cat bounce?
It won't see .02s you say? Hmm my buy order @.02 is lookin much better
Buy order in at .02. Little pop coming, should bring it back to .04 then bottom will fall out
Slow start huh guys?
That makes sense, thanks for clearing that up. You seem to be invested in Nike, but SKX is giving Nike a run for its money. The most recent report they put out said they should see a continued increase of 25% by eoy. Just puttin it out there. There will be plenty of competitive releases
I don't know how often you watch the L2 for this stock, but at the end of everyday there are 100,000s of share either bought or sold. That day in particular was weird because the price dipped maybe 1% on the news. It was expected to continue to decline, but I guess Nike has enough long term investors that knew not to dump, especially with that news in the pipeline. I just don't understand how there is always monster buys and sells at the end of the day yet the price doesn't budge
There will be a nice pop in the morning, but watch around 10:30 for a monster sell off. Then we should see a retrace back down to either the 50%, 61.8%, or 80.9%, really depends how valuable people feel this stock is
So a month ago, when I posted this, Nike was involved with the Fifa scandal and someone bought 500,000 shares that day on today's news?
Hey Clay,
Long time follower. I enjoy your videos, they encouraged me to study technical analysis.
Check out SNSS. This is a fun chart to analyze and has excellent potential.
SNSS finding great trend support off the double bottom. Continuously increasing volume daily. This one is on its way to breaking out for a parabolic move. Price target raised from 4 to 5.50. 3% increase so far today, look for the monster move early next week.
http://www.mideasttime.com/sunesis-pharmaceuticals-price-target-raised-to-5-50-snss/497305/
SNSS finding great trend support off the double bottom. Continuously increasing volume daily. This one is on its way to breaking out for a parabolic move. Price target raised from 4 to 5.50. 3% increase so far today, look for the monster move early next week.
http://www.mideasttime.com/sunesis-pharmaceuticals-price-target-raised-to-5-50-snss/497305/
I just saw the seeking alpha article drop and saw a few people bashing ATNM, but I'm not sure how you can immediately make the connection to shorts.
I've checked a few different social media outlets and don't see anything in regards to shorts. Where are seeing that they are panicking?
Chart looks like it could be setting up for a monster run within the next few weeks. On my watchlist
More good news and we continue to sink. When this does finally take off it is going to explode.
My only concern is that if they keep dragging this down/ applying pressure, those who were on the line between holding and not holding won't stay long, which in turn could drive the price lower. And if the price breaks the 2.33 support that will be very very bad. I understand cheapies are great, but we need some solid confident movement. As I stated before I think this is being manipulated by a group of investors. I'm not sure why, but they are making loot on all of these buys @3.00. It really doesn't make much sense to me though. With this news of a billionaire investor this thing should be having trouble retracing, not trouble gaining value. I'm in long and have an avg of 2.89. But this type of manipulation concerns me.
The shorts are strong here with this one. Will add to my position around 2.60.
Needs to hold that .87 support. If not I expect stop losses to trigger and we could see a major dip down to .80 and possibly .70s.
Thanks! I started looking at AMDA around .2 and put it on my watchlist, but definitely did not expect it to take off like it did. I missed the ball, but I hope you had a wild ride. Good luck.
Yea, it broke through its sideways channel. Now it just needs to hold. There hasn't been any recent news, except for analysts price targets, which as we know can be complete non sense. So I'm not entirely sure what's creating the momentum. It should be gapping up this morning.
Hey Curt do you still hold a position in SNSS?
This thing is going to take off tomorrow
$100,000 buy @ $3.00. I'm thinkin we move up tomorrow. Tons of buys @$3 throughout the day. Hopefully this holds as a strong support
If the pps holds the 2.83 support I believe it will only go up from here. This is a vulnerable area though. It very well could return to the 2.33 support. Hopefully not though
He's saying do your own research
EOD is the HOD = awesomeness. Looks to be the beginning of the next big run, hopefully.
I guess my theory about it falling back to 2.33 is clearly debunked
That's what I thought happened, but why did they choose to cover at 2:30? It's been dwindling all day. Seems like an arbitrary time and a bit odd.
Whoa, that was a really fast break. Did not see that coming
What parameters do you use for your scanner to find stocks like these?
As much as I want to see this go up I have a feeling it will retrace back to the 5.33 support like it has the previous 2 runs. Today's action shows that the shorts are still strong and they aren't covering at the 5.53 support. Not going to put anymore money into this until it finds a solid support.
When the bashers are a bashing, you know you will be cashing. Definitely putting this one on my watchlist
Well if wanna turn a quick profit, like 5-10% with in a few days, check out snss. Volume is building and so are the supports. I'm sure my "motives" are pretty clear here.
Looks like it's setting up for a major run.
I play the market to make money, that is a given. But there were lessons I learned the hard way when playing with P&Ds. So yes out of the kindness of my heart, or maybe it's the teacher in me, I like to try to steer people away from throwing their money away. I don't need to lie, cheat, and steal to make a buck here. I use my knowledge of the market and technical analysis to pick winning trades. So when I get an alert about a potential low floater, I look into it, do some quick analysis, and post my opinion. This company just released news. And guess what the news was so good that the pps dropped below its major support. So this can go one of two ways. One, investors receive an alert that this fell below the support and they eat up all the shares possible and this thing skyrockets. Or this will fall very hard in the next few days due to relentless dilution. Then and only then will there be a massive bounce that you will be able to turn a profit. Good luck, I really hope you are not invested. If you are get out while you can. Here is a list of stocks with heavy dilution I have come across the past year. Study them, see when news dropped and how it effected the pps, and look at the buys vs sells. They will all look very similar to this. MDNT, AEGY, ERBB, FFFC, fonu, mspc, righ.
Ok then, what information have you found that makes this ticker worth investing in? My DD shows massive dilution, very limited pr's with no viable information, oh and that the ceo's have been involved in plenty of scams prior to this one. The only reason I posted on this board in the first place was to advise that this particular stock will not make you money at these levels. The promotions flying out of the doors will do nothing for the pps and that they are merely set in place to allow further dumping. And i highly doubt you will be able to find a broker that will let you short this. So, between chart analysis, company analysis and ceo analysis there is very little upside with a an inevitable downside. I'm sure it will pop at some point, they all do, but this stock is a waste of hard earned cash.
Borrow*
Which broker is letting you bottom shares?
The absolute only way you are making money on this is if you are constantly throwing more money in to average down. And I don't believe anybody is foolish enough to throw money at a very obvious scam that can be halted at any moment. So the only logical explanation is that you are a pumper.
What were you saying about this stock again?