Followers | 1 |
Posts | 125 |
Boards Moderated | 0 |
Alias Born | 06/09/2008 |
Monday, May 07, 2012 5:08:21 PM
Most longs here will be holding for much higher prices and/or AE spin-off.. the increase volume over the last few days have brought new investors. My outstanding questions would be; what kind of investor and what will they do on an uptick?
Short term investors most likely would be selling in the 0.0075 – 0.0085 range, if they got in at the bottoms to take profits and/or “free role” profits. Key – little to none of the position will be kept.
Long term investors will be holding current position and buying on the dip and/or provide support, this population may also take profits on upticks to lock in profit. Key - majority of position will be kept.
My opinion of how this has been trading looks as if much more long term investors are stepping in and the float is getting consumed by this type of investor(s).
As it’s promoted within IHub, it potentially brings short term investors which look for short term gains. With this stock being lightly traded, minimal volume can control/swing this stock one way or the other and bring the “same old story” view point.
Bottom line here is that the charts are turning positive and we are seeing the bid support increase, with little news and/or fillings. As we overextended we should have a few days with volume in the .0075- 0.0085 range. Once we get over 0.01 and holds it; we should have a few days with volume in the 0.0125 – 0.015 range.
We all want profits with decrease risk, the way we all view and play this stock is key.
Wish you the best of luck.
Recent CMGO News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 02:05:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:36 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 11/17/2023 02:59:10 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 09:02:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/15/2023 08:05:48 PM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM