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I tend to agree. After almost 2.5 years of gradual decline, it appears the support of the low .10s is going to hold. If management really has reversed the debt situation and increased the margins dramatically, it's a go from these levels. A break and close above .174 on strong volume would be a good indicator that solid material info is leaking and the reversal is at hand.
Correct you are, BigB. And congratulations on snagging a few .011s and a lot more .012s. I was hoping to re-enter for 1MM-2MM shares again down there, but funds didn't allow for this go around. A couple of friends added what they could, but they too weren't totally filled. You must have bought too many out from under them, lol. Chart and technicals looking good at the moment.
Getting harder and taking longer to get simple fills executed. Had to move up from .011 and .0115 to snag just 166k at .0119. Keep up the great posts, though, in shaking out the last few who don't know what's coming. Much appreciated.
You all have a great week. See you all Thursday
Filled! Thank you. I'll be back on Monday to accumulate a few more.
You all have a great weekend!
Probably. But the real question will be, how much will trickle down to MDMN shareholders?
It takes almost two days to get my 1MM shares filled at .012, and now almost an hour for a small 100k at the bid of .0115. Come one already. Someone post more bullchit to get someone to sell to me. I need more SHARS!
I got a few today also. Need more whack jobs!
It took almost 2 days to accumulate another 1MM, all at .012. Where are all the fast sellers when you need them?
MFST Chart ~ Yeah, I know..... Charts and technicals don't work
Fine! But in the meantime, the technicals continue their correction from being in very overbought levels just two weeks ago. RSI from the Nose Bleed Zone (No, not the falsely titled power zone), FullSto of its very overbought level, and the MACDs which are still in full arrest. The MA200 has given a little bit of support, but after today's filing of 20MM shares coming to a screen near you, I'm thinking a close below it, on good volume, just might bring to play a test of .006s (green support line).
Getting close to a re-entry, though. Simply stated, the chart and technicals were correct yet again!
Me too, but mostly on the bids. Every once in a while, 200k-300k on the asks, like today. Absorbing the cheaps as long as they are willing to sell and move on. Not sure we'll see .01 again, but we'll keep a few GTC orders there, just in case. But Sssh! Don't tell hotstockz if you are bidding and accumulating with me on the bids. Even though we are on the same side with DDCC, he'll get made at us, lol.
MFST Chart..... The reset of the technicals continues. The stock might hold at this level by finding some support at the various moving averages, MA50, MA100 and MA200. But the FullSto and MACDs are still in a sharp decline and quite a ways from reaching oversold levels. The RSI has fallen from the Nose Bleed Zone (not power zone as so many pumping clowns scream when the unsuspecting are buying) and has fallen below its 50 line. My guess is that if the current cluster of moving averages fails to offer some support, I would look for a test of the horizontal support line at .006. GLTA
You have a great weekend! I'll be back end of next month.
Actually, their presence means they don't know shit and never executed any DD. Nothing has changed, other than taking way longer to monetize their assets than they ever imagined. The real investors, who don't piss their pants or blame everyone for their own DD-less investing and losses, have been accumulating with real investors well over 2.5 years. Nothing has changed but a broken stock. Those that dumped to us, not the fliptards, in the high .20s and .30s are looking pretty smart, right? lol
Real companies take time to build.
Don't be bothered or deterred by the bullshit being posted Doc.
SNST being accumulated by real investor, no fliptards, and certainly no pumping groups involved. Only stupid posts regarding that for months. Glad you are holding for the long term despite the lengthy delays by management to monetize.
MFST Chart ~ All indicators are in full arrest
The good news is it's now down 60% from when people were screaming about the falsely labeled 'Power Zone' when it was highly into the Nose Bleed Zone. The technicals are resetting, but MACDs still way to high. Will MFST continue to drop like a falling knife, or will it begin to level out and consolidate to form a bottom? Who knows, but it's doing exactly what the chart and technicals suggested just 9 days ago. Hopefully soon, MFST will be ready for the next swing trade. GLTA
MFST Chart ~ Getting closer after being Hugely Overbought a couple of weeks back.
A few will throw spears and cuss me out again, but a few of you here asked me to post a chart. Big selloff as the chart and technicals suggested after all indicators (circled for you) were in the nose bleed zone. The selloff and reset of technicals continue..... whether you like it or not. But MFST is a lot less expensive now than at .024, right?
Thanks Mike! You are absolutely correct. It was a very expensive and long learning process for me. Charts are awesome. Anyone not using them, ends up with what occurred since Friday into Monday morning and today. Put technicals together with real fundamentals, and you have a long term investment strategy that works very well. They aren't guarantees but great tools.
I really have no idea myrtle. What I'm waiting for is the indicators to show a shift of momentum. Currently they are all simply trending to the downside, although just gradually. Now, a close on big volume, under the support line of .012, would not be a welcome development.
Honestly bcapps, I have no idea. I trade by the technicals while following some fundies. Just as when the indicators were very oversold and were a buy, on Friday they became very overbought so a few of us sold. Now we are waiting for the chart to reset. If it explodes upwards from here without us, oh well, there's another 8k buses coming along. Obviously news always trumps the technicals. But this top on Friday was one of the easier ones to see. I guess a few people got pissed off when I mentioned the overbought technicals on the chart. No reason to get pissed off when one is just posting a chart. Fact of the matter is, the chart was correct. But I did have four friends ask for me to post one, and I did. I heard about MFST about two years ago when it was trading at .20. The long term downtrend might be coming to an end, but that's still not a reason to not at least look at the technicals and momentum shifts as they occur. I just follow the indicators and let the chart do the talking. Since Friday at .024+, MFST has been a falling knife. And for a few of us, the indicators are still too high/overbought. Long term, who knows? GLTA
I agree. It's a min 12 month hold for friends and me. Long term cap gains, and hoping for at least 50 bags from here. Time will tell. I think the days of the short minded fools who were selling as low as .01 look to be behind us. But heck, as long as they were willing to sell, why not accommodate them with the multi week bidding we did.
DDCC Chart ~ Another nice day after holding the support line at .01. All those ridiculously low bids, and getting them filled, was nice. Time to step it up some now. Snagged a few more sub .012s and .013s. Hopefully all these low share prices will look ridiculous over the next few weeks and months ahead. Btw, that support line at .01 goes all the way back to Feb-Apr when the resistance at .01 was broken over and it's been support since then.
MFST Chart ~ Yes, I know...... Charts don't work. Don't bother sending or posting your hate mail. I only post charts and attempt to call it like it reads. Fact of the matter is, when the RSI was in the Nose Bleed section (not the idiotic power zone as some call it) and the FullSto and MACDs (make all the fun and insults you want) on the chart were screaming sell, well, now you have the results once again.
Any questions?
MFST Chart ~ Back inside the bollie bands, as I mentioned would occur in my prior two posts, but the rest of the indicators are still in very overbought areas, i.e., FullSto and MACDs. The correction/consoldiation is underway as discussed previously. Where will MFST settle? Who knows. I'll let the indicators reset after peeling off a few on Friday when the stock price was simply too far outside the upper bollie. And as far as those screaming about the RSI over 70 being in the 'Power Zone', lolol. That is almost always a great reason to take a few shares, if not all, off the table. The Power Zone is nothing but a sell signal. Those screaming 'Power Zone' are typically those that have no clue that the stock is in the Nose Bleed Zone or they are simply screaming buy, buy, buy while selling.
Let's see if I can get us another after hour trade......
You asked dude. If you don't like the way people trade or what they hold, then just simply STFU.
Here, I'll cancel my bid now just so you can quite complaining about people since you have so much stock and find the need to belittle others because of your fantastic expertise in the market. Too funny!
Ah! I see you understand how the market works. No reason to hit the ask here. Just bid, accumulate, and eventually we hope management executes and delivers. Those wanting us to smash the ask are almostly always dumping their shares on the way up. I guess it just pisses a few off when someone is able to accumulate on the bids while they impatiently wait for a stock to rise.
There! 200,000 bid now at .0105. You feel better now that my small bids are a little bit bigger? Too funny!
Here, I'll make you a little happier now. I'll add another 100k to my bid so you won't have to look at little bids all day. And you have nothing to learn? LOLOLOL..... Just review your last few months of posts as to how stocks trades and why. You'll soon realize you have very little knowledge about the way a trade is executed. Too funny!
Keep your shares hitting my bids please! Building an awesome position here.
Oh boy, do you have a lot to learn on how the market works.
Here, let me give you a clue. Enter a bid, wait for a seller to hit you, and you get filled on the bid. There's nothing magical about how the market works. There are buyers, there are sellers, and sometimes the orders actually hit together for an execution. Your explanations of things are very funny.