Friday, October 31, 2014 7:25:58 PM
cause & effect.
sure it sucks to wait, esp when you feel you have the goods. yet, if they indeed do, then patience to let the company execute their plan will lead to a very tight spring and windfall. the longer it holds a range, the stronger the release when the spring is engaged.
imho a couple of things have to be taken into account at this point:
- the closing price over the last 2 weeks has yet to breach the key .0018 technical support area. during that time it's ranged up to the .0028 resistance area. w/ more buying inbetween that range then selling. ie., bullish.
- secondly, sure some of the sector is moving forward while we are still languishing in a trading range. yet, those are well recognized leaders in the sector who trade a lot of volume. feel glad that the trtc's of the world are getting bullish again. a strong sector will trickle our way. but entities like dscr who havent proven their model yet, are under a penny are not going to initially attract the amount of mojo volume to rally first. yet if the sustained push in the sector continues momentum thru tues-thurs watch as hot money comes down to the sub nickle stocks. smart early $ knows this & has established & whales who know value in the sector like alan brochstein are lurking & know of this stock & are more then ready to move in quickly.
- lastly, remember the timeline. the crop has been cut, processing next week is logical. wh/ timing wise merges nicely w/ sector election mojo. next week will be crucial & should get very interesting. keep in mind fridays are usually drift days. mm's have focused on the anxiety here to shake this tree down to its .0018 branch. be rest assured the company knows all this & will execute soon to maximize the funds they have for pr's & lay down the cards as the overall sector really starts to heat up.
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM