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Nice technical pattern developing. Money Flow (as measured by CMF) is very positive, MACD is in good shape and a nice bullish flag pattern is upon us again (as noted by the sharp move up from $.50 to $.85 followed by a corrective consolidation). Expect the next move to take us to the $1.15 range!
http://stockcharts.com/h-sc/ui?s=BOCX&p=D&b=5&g=0&id=p86602215188
Bocxman, trying to execute through E*Trade
Still not getting filled on my order to buy 2K @ $.88!!!
thanks mysscat
Can someone please tell me which post had all those usefull links/articles in it on BOCX? I would like to refer a new investor to it. I tried finding it going back through April '06 and was unsuccessful. I believe bocxman had posted it several months ago.
Thanks.
interesting. having trouble buying shares since the listing. had a bid for 2K @ $.84-$.87 and order expired.
Wow, check this out!!! My T/A tells me BOCX has bottomed @ $.50 (with a successful retest to $.51). Even more encouraging is that despite the decline from the recent $.80 there has been clear accumulation (see chart) an excellent divergence at hand!!! The news today was IMO huge for the stock and I agree with the consensus on this board that bigger news is at hand in the near-term. That would make sense then for Lampost to go through the trouble...Spetember should be interesting.
check out this chart and note that there was clear accumulation beginning July 17 while the stock was drifting down.
http://stockcharts.com/h-sc/ui?s=BOCX&p=D&b=5&g=0&id=p17345359811
BOT more today and have more shs now than ever!
Please, as crappy as BOCX has been lately, let's keep the discussion on this board to BOCX to the best of our abilities!
Adding to my position in here. Yes, I know the bullish flag pattern broke-down but now we have completely retraced the break-out and are back at more "solid" support. Again, the risk-reward of adding here is compelling...think of it as a premium on a call option (with a fantastic payoff diagram)!
bocxman: yes, still around..haven't sold a share and planning on adding. Even though we broke the potentially very bullish medium term flag pattern, I still believe in the company fundamentals and that is what I based my investment $'s on. I am in for the long haul. Technically speaking, we obviously broke support @ $.85 but as I mentioned in my last e-mail, the next support level is relatively close by ($.70)and much more defined. Some news now wouldn't hurt!flag
thanks mom; i will try to work on my spelling in future posts (only kidding). what about the substance of the post? If BOCX were listed (under the same conditions that currently exist) we would still be trading over $2!
Hey Reverse, what are you smoking? If we were listed we would be well over $2 a share, perhaps $3 or $4 and basing at those levels instead of 85 cents! BOCX's market cap is absurdly low right now, regardless of the need for independant validation. I can name you several stocks that have market caps in excess of $100MM with no cash flows and no concrete licenses. EOS.
Not Bad!!!
Filled the gap, no follow-thru to the selling, closed at the highs of the day and preliminary signs of share accumulation have surfaced :) (see chart)
http://stockcharts.com/h-sc/ui?s=BOCX&p=D&yr=0&mn=3&dy=0&id=p71590328351
I disagree erthang: considering that we were net up for the day and closed at a critical price level on decent volume, I would take todays action as a mild positive (i.e. there was NO follow through to the breach of support from Monday).
PS - we also finally closed that gap!!!
yeah, i see your point. there are inherent pricing ineffeciecies for the reasons you cited (pinks, illiquid etc). you have to admit though, repeated bouncing off $.85 was no coincidence. we needed news while we were holding support to propel bocx upwards. since so little is truly known by the investing public, news (update on the progress of the ABT contract/independant validation, listing on an exchange, or new contract)is the only thing that will break us out!
Bocxman, yes support was broken today. That said, volume was light and support was not "convincingly" taken out. Now the onus is on the bulls as it takes a close over $.85 to invalidate this as the start of a new downtrend. Getting away from technicals BOCX is less than a buck, so unless the fundamentals flop the lowest I can see us going is down another dime....one stinkin' dime (lol)!
long-term view: looks like we're finally ready to break out of the multi-year triangular consolidation. I have included key oscillators that support this. Also, the bollinger-bands are tightening indicating a big move is imminent. Holding the 200 day MA (currently @ $.85) is key as that indicates support is winning and helps the bullish outlook.
http://stockcharts.com/h-sc/ui?s=BOCX&p=D&yr=3&mn=0&dy=0&id=p15493027500
mysscat, the answer to that is NO (emphasis added). I know any stock on the pinks has inherent pricing inefficiencies but not THAT much. You would probably have to put a market order in for several hundred thousand shares for that to happen! Hey, none of us would mind :)))))).
Bocxman, I see what you're saying. My thoughts are that either we have a big buyer or the MM's are trying to shake out a few weak hands and cover a short position (or possibly even get long) ahead of the next major news event :)). Either way, $.85 is now "real" support. That being said we need to start seeing the volume at the offer and soon. Chart still in tact.
Doug
I know I sound like a broken record but the chart is still holding and the longer this goes on the more explosive the next upleg will be.... I know, I know bocxman most of the volume has been at the bid....but look at it this way, someone doesn't want her to crack support! Also, I am starting to see some positive divergences with various key oscillators.
PS - My post on 4 of 6 mkt. up days was 1 day off, but still explosive as I thought it would be! Tomorrow should also be an up day for the mkt. but nothing compared to today.
BOCX technical update: Bullish pattern still holding. The 200 day MA has proved to be solid support and confidence of buying at this level is building! IMO the next major move is still up.
yes, there was talk of this for the past few years and the CBOE finally rolled it out earlier this year. VIX is an interesting animal....in the near term is neg. corr. with the mkt. but pos. corr. over a longer time horizon.
bocxman, the roll will be tricky this quarter in light of some participants opting to hedge long positions with VIX options, which is essentially "pure vol".
I expect the market to rally at least 4 of the next 6 trading days (thru options exp. next week). We are deeply oversold short-term and already hit my initial downside targets (1240 spx, 2100 naz) and reversed from there. Also the spx managed to close over the 200 wk ma @ 1255 which is significant. This taken into consideration with the extraordinary amount of top-month put open interest tells me we rally at least for now. The jury is still out on how far but based on how oversold we are short-term, it should be decent.
lol - what a thoughtful response to Gyro!
Bocxman: some of the best break-out patterns "look darkest before dawn". I am steadfast in my analysis. BUY, BUY, BUY as long as the 200 day MA holds (currently @ $.85). BOCX will rise from here. Others out there also know what's at stake if this level doesn't hold, hence the support we saw today!
PS - there is the potential that the 200 day MA gets violated intraday but this violation only has meaning if we CLOSE below it.
chart is still alive! something tells me we will see an upward price explosion within the next few trading days :))
http://stockcharts.com/h-sc/ui?s=BOCX&p=D&b=5&g=0&id=p12353113550
All bets are off with a CLOSE under $.85, otherwise BUY as much as you can without distorting your risk profile!!!
Bocxman, one other interesting tidbit. According to Bollinger theory, the lower band (which as you know is 2 std. dev. below the 20 period MA) represents an extreme oversold condition (and vice-versa for the upper band). A classic Bollinger double-bottom is when you have a pierce below the lower band followed by a recovery that usually fails at the median line (20 period MA) afterwhich a complete retracement of the recovery occurs that makes a HIGHER low WITHOUT piercing the lower band again (this was part of my thesis in grad school on TA and Market Efficiency)! If you look at the chart I just posted that is exactly what happened today. Let's see if I'm right. My work still supports a bullish resolution!
Doug
Technical Update: Bocxman, we are as you say "barely hanging on to the bullish flag pattern". However, as silly as it sounds still are very much in tact. We still have solid support @ $.89 (50 wk MA) and $.85 (200 day MA). I know we dipped below $.89 today BUT managed to close above it. I have been incorporating TA into my trading for years now and believe me, others are also paying attention to these levels and it's not at all a coincidence that we closed above somewhat respectable volume (at least based on BOCX's avg.). Until these levels give way ON A CLOSING BASIS, the bullish pattern from the $.60 breakout is still in tact!
See charts below.
http://stockcharts.com/h-sc/ui?s=BOCX&p=W&b=5&g=0&id=p81141284342
http://stockcharts.com/h-sc/ui?s=BOCX&p=D&b=5&g=0&id=p35190957270
Just so everyone knows what bocxman is talking about, here is an example of a stock that has just broke out of a bullish-flag pattern.
http://stockcharts.com/h-sc/ui?s=PPHM&p=W&b=5&g=0&id=p00918127824
BOCX is next!
bocxman, you really need to start showing more emotion (lol)!!! I agree $.90 is now support :)
LOL - I was pretty close with my call for 50K shares traded!
at least volume is up a bit. $.91 (50-day MA) is holding up well so far. Would like to see us end the day over 50K shares.
Bocxman..IMPORTANT, please read this!!!
I while back I had made some references to ACEL and noone responded. I was re-reading a recent article on Onconase(their flagship RNA-based product currently in Phase IIIb clinical trials) and noticed something quite interesting.
Here is the excerpt:
"The Department of Cancer Control in Turkey will use a marker that has been developed, similar to PSA for Prostate Cancer, that will
allow them to identify Mesothelioma in it's early stages and then monitor the levels of the marker after treatment with Onconase thus providing the desired proof of concept.
The development of markers similar to PSA and this new one being tested in Turkey for Meso are being developed for all forms of Cancer. Once available, Onconase could be in widespread use for the prevention on cancer in high risk groups".
Thoughts - I thought of BOCX/ABT immediately!!!
gaboy47, that's a good question....it is impossible to pinpoint exactly how long, but based on my analysis I think within the next month we will begin a new leg up. BOCX usually trades heavier volume in the days prior to a news event (and who said there was no such thing as inside information...lol) so take that as a signal. I agree with the consensus on this board about BOCX's potential and wouldn't be surprised to see $5 by year-end!
as I mentioned in my post yesterday, hugging the 50 day moving average very nicely (this is not a coincidence folks). Next move will be up!
chart still holding. we are right on the 50 day MA @ $.90 with the 200 day just beneath us @ $.85. Flag pattern is still in check....we rise from here IMO and one couldn't look for a better oppt. from a risk/reward standpoint!
bocxman, thanks for the reiteration and summarization of the facts! I don't see why Kag turned so negative all of a sudden...if it's because Moro didn't call him back, that's insane. In fact, one can consider the lack of return call (which I am assuming is not the norm or else no one (including Kag) would think unusual) as a potential positive if there is something material pending (i.e. implications of regulation FD etc.).
Longterm, we slipped to #6 (lol)