Ocata Therapeutics Inc fka OCAT

[es1]

To begin with it is all speculation but...
As far as the chart goes the 50 day is a resistance. bottom of the BB is support. It needs to turn up. That will take a PPS drop a little or a spike which is much too early for.


The strongest support is .10
We were well below that before the bond holder dilution.

Rumor has it bond holders sold. I do not agree with that. The bod holders could have taken cash if they wanted cash but they wanted shares. They think the shares are worth more then cash so why would they sell?
So the bond holders shares are still out there. That means the spike/dip/spike is traders.

News is not coming any time soon.
Yeah we will get PRs that might bump the PPS but the news that will push this hard is still a way off.

The PRs we are getting lately are all we will get for about a month. And they are not moving the PPS. During that time nothing will push the PPS. The traders that live on volatility will exit and the PPS will slowly drop.

I am guessing not below .09 but it could get back to .07s if the news is a long time in coming.

IMO the PPS should be around .098 based on average price with the new shares added in.

All the above will lead to a dip. When the PPS looks to dip below .109 there will be a small sell off and the .10 support will com into play. It will drop slightly below .10 and recover.
That is when we need news. If news doesnt come soon after the dip below .10 we could see .08s again as traders who follow this stock attempt to reload as low as possible.

I personally have buys in at .098 .0875 and .078 increasing amounts as the price gets lower.

My last trade was bought at .079 and sold at .167. I sold half and pocketed about 15K new shares for my long pile. The money is now in recycle mode while the dip happens.

ALL the above is IMO but how I am basing my trades.
If the dip doesnt happen I am happy to buy higher if the PPS is on the move.

Whatever it takes to collect shares