lowtrade

[lowtrade]

I see what you mean, but the info about accumulation during CMF & stochRSI conflict, is meant for OTC stocks only. And COSI is a big board stock.

The funny thing about all the info you gathered on COSI, and placed on your chart, is the funding structure was the same as funding deals on the OTC. So the sentiment & phycology of what was happening with the stocks price action was the same. Because the company was desperate for cash. And it was desperate for price increase to remain listed on the big board.


The darkside deals which followed solved both, with a little help from a SharkTank like friend. Mr. Lloyd I. Miller, III, 10% owner of COSI stock. Who is the manager of Milfam LLC, which is the general partner of Milfam II L.P, the $5 mil VC funding firm.

Maybe I was wrong calling him a friend of the company as much as a friend of takeover management, because his $5 mil loan was about the most toxic I've seen for some time. (Note at the rate of 9%, compounded semi-annually) Not only did his VC firm get a 3.5% cash fee, and he got 1.1 mil worth of warrants @ a penny. (.01). Which he just exercised on Sept 16 at $2.54, the top of the run. Plus he got a board member removed and choose the exiting members replacement to the board. All during a ownership management merger.
http://finance.yahoo.com/q/it?s=COSI+Insider+Transactions
http://finance.yahoo.com/news/cos-inc-completes-issuance-5-211100538.html
http://biz.yahoo.com/e/140321/cosi8-k.html


The last step to all this was the manipulative price pop from August 27, 2014, through September 10, 2014. Which kept the company NAZ listing. On the unregistered stock sale to; Mr Miller the 3rd and his VC friends and outfits. Aug 22. While holding 1 cent warrants and buying at $1.15, a 50% discount.
http://biz.yahoo.com/e/140915/cosi8-k.html
http://biz.yahoo.com/e/140826/cosi8-k.html

All these deals were soooo toxic and darkside favored it's crazy !!!

So while my info was intended only for OTC stocks, because of the type of non bank funding used there. What you learned about game setups not only applied, but saw the darkside game at COSI. A big board stock. Ps; VC's & Lloyd hold a chit load of cheap shares !!!! price and larger volumes could continue. Nice find.

As for using a weekly to see conflict (divergence as you call it) between CMF and StockRSI. I never use weekly charts on OTC stocks, so I haven't noticed that before. I wouldn't place too much on that until you see it in many other stocks. Not just one. Because before one can consider something a TIP to use, while trading. You need to see something happen frequently.

The more you see something happen, the more you can rely on it !

Have to say nice work, your a quick study. You not only learned a lot, you applied it well. By finding an OTC game setup on a big board stock using charts. Which with my research was found to be based on typical OTC funding deals, at the big boards.

This one could have been on the SharkTank TV show. LOL