Asura Development Group, Inc.(fka IAGI)

[Wheeeeee]

Im sure that Ill get my chances when I want to reenter and with some proper scalping the avg price will be low.

at least the freed up money earned some cash on the technical breakout of lvs. damage is minimal.


OFFTOPIC for those interested.
btw added some uure, artx, small bee and a nibble of edap.

* comments on the charts are old*
Xoma will be of interest as well.. check the daily chart. Might take a week, but a breakout is imminent.
http://rt1.c.prorealtime.com/ProRealTimeNew/tmp/img_12521466949150.gif
added 10k in the 0.82 0.81 range. max downside is 79 cents.

where the red line comes from
http://rt1.c.prorealtime.com/ProRealTimeNew/tmp/img_12521467486597.gif

The most interestng bit .. weekly ..
http://rt1.c.prorealtime.com/ProRealTimeNew/tmp/img_12521467811774.gif
it allready tried a breakout, but got pushed down.
check last day volume
http://rt1.c.prorealtime.com/ProRealTimeNew/tmp/img_12521468241105.gif
this wasnt a selloff, but a push down. there was heavy accumulation.
RSI on daily in oversold area
adg gonna rize
macd has flatlines.

on the weekly macd is gonna cross above the signal line, rsi is hugging the 50 so that needs to move over (one cent upmove will do that). stochastics indicate a move up. Volume has improved. OBV should have been up but the stock was held down.

7 million shares short
Short Interest (Shares Short) 7,927,000
Days To Cover (Short Interest Ratio) 3.9
Short Percent of Float 4.83 %
Short Interest - Prior 8,038,100
Short % Increase / Decrease -1.38 %

There might be some sentiment action related to the FACT buyout.
http://www.thestreet.com/_yahoo/video/10581166/risk-reward-favors-xoma.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1#34586613001