AGR Tools, Inc. (fka AGRT)

[dude iligence]

The drop last week was expected, did not come as a suprise to some but to those not seeing it coming they did panic sell. I would first like to thank them for the generosity of the shares at .12. My initial buy was at .22 from an order entered on 6/1/12 I then bought some at .18
1 price was up 400%
2 dip to at least low .20 would put it at bottom of trend line and healthy correction after 400% rally.
3 Thin volume makes AGRT good canidate for the drop
4 MOST IMPORTANT ITS RELATION TO THE 50MA

Monday, June 04, 2012 2:39:54 PM
Re: Garyst post# 4896
Post # of 10317
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Garyst I didn't follow your directions I sold when this was in the .60's and I'm waiting for the big drop which might be just around the corner. You seem to forget this ran from .12 at .48 its up 400% a dip to low .20's would not be unreasonable and very healthy. It would be right at the bottom of the channel. As an example of why just look at GWBU struggling because it never had a big dip. AGRT is so thinly traded it won't take much to knock it off the cliff. It doesn't have the Horsepower to break above the 50ma right now so the only option it retrace.

Happy Trading. In the meantime CHK is making an excellent day trade
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The day before it fell off the cliff I warned of that as well directing the post at one of the Newbies that Garyst had congratulated on buying at .44 the day before it fell off the cliff. So this Newbie bought at .60 then at .44. at .15 the price will have to rally 200% and 300% respectably to get him out even on each of those blks. I told you how to figure the target range it would drop to and the bounce play is the only play here.

dude iligence
Wednesday, June 13, 2012 2:07:58 AM
Re: None
Post # of 10317
AGRT pps only 1 day close above the 50ma high of .69, three days later it is down 50% with the low today of .33 negative divergence well below descending 50ma. previous lows in May .09 then .12 you draw the line and see the likely targets well below the current price. The bounces are Ok plays at best if you got in at the bottom.

I don't see anything in the chart that is going to reverse the downward momentum. If you bought it today at .44 ask yourself Why?
Don't let the encouragement of some of the other posters suck you into becoming a bagholder. This play is not going the direction that was planned, hoped promised in promo land. The best advice I can offer is get out.

http://stockcharts.com/h-sc/ui?s=AGRT&p=D&yr=0&mn=5&dy=0&id=p82434176402