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Re: IPO$ post# 652

Sunday, 09/09/2012 10:26:00 AM

Sunday, September 09, 2012 10:26:00 AM

Post# of 6174
FORC .026 IPO$, a lot of information seems to be floating these days. All seems to be leaning towards a find at the Zoro 1 project. What I try and do is gather enough information without 'emailer's too justify a further look, and one if possible well before the masses appear.

As everyone knows volume proceeds price but there's a ton of other data within the 'volume proceeds' that put this one on radar about 6 weeks ago.

The activity on July 27th forward engaged buyers, then mailers sounded off, and more activity when forth.

I received the same thing you did. But since I had already witnessed [a huge disparity in the 10dayavg volume + MM activity outside normal L2 & Time_Sales] it didn't sway me one way or the other.

If one stayed in step with these news items, one by one, and their dates:

October 31, 2011
Force Energy Corp. Completes Phase 1 Due Diligence, Verifies Lithium Resource on Zoro 1 Property

November 7, 2011
Force Expands Lithium Resource on Zoro 1 Property

February 6, 2012
Force Energy Obtains Drill Permit for Zoro 1 Property

February 7, 2012

Force Energy to Delineate Drill Targets on Zoro 1 Property

Then noticed all the way back from April up though mid July http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=9817&i=FORC&pv=recent-symbols&pp=FORC#&&vs=634827955635070184
The stock price dropped at a steady pace and no real excitement from the standpoint of disparate or large volume changes.
Also notice during that time, which is very important the difference between the low and the high of the day was not extreme. Most of it being a point or two.

Example:
FORC from .020 to .017

What sent this through the roof for me was the huge volume change and the price difference, 'high low of the day' on the 27th of July.

That day had two extreme changes.... bear with me I'm getting to the point. wink

FORC 7/27/2012
Open: .0130
High: .0140
Low: .0060
Volume: 1,107,265

The 10day moving average was approx.
FORC .013 1.1mil vs 149k volume 10dayavg
which made is approx. 7.3 times the average volume for 10 days.
That's a pretty good alert a change is in progress.

But also as noticed and stated the low and high of the day.
.006 to .014 All other days were only a few points, that is for example say .013 to .015 or so.
If you were watching on the 27th of July as I was [I think I had 20 or so posts], it was a huge buying spree by someone on the BID, but buying was happening as the BID dropped, and buying continued on the BID while the ASK never changed.
Never mind that, but the point was made [a MM phenomena or MM_Shuffle as I call it]

The Point:

What drove this initially or interest was the continual 4 PR's in reference too Zoro 1 project up through Feb. Then silence after Feb. right? Then what might be the next clue if something is found if you do not have the next PR?

What others did too include me was notice [ and no doubt the mailer person did too] was see the drastic changes on the 27th and moved their DD to another level. Maybe they live in the area, or have other informants, who knows. But I see it as value in the mailer, just that as a small piece of needed data overall.

We all realize FORC has something going in regards too Zoro1, no doubt. And, it may be a promo, so how much value can we put on that? Nothing... unless you know how the volume changes, and changes I stated above add to the fuel in regards too all data.

So I'm suggesting that if the size of lithium found is as stated or close to it in the mailer you received: Excerpt: "The first part has already been proven, which is that Zoro 1 is a extensive Lithium resource, with nearly 2MM tons of Lithium ore. The second part is what they are attempting to prove now,
which is that it can be extracted profitably".

Then by adding the values you read above before that statement sent out make sense?

FORC continues too be a good hold from here.

I personally was ready too sell off until Friday's action. But the more I add/collect ALL data, the more I'm convinced to include Friday acton to stay for a final result in exactly what Zoro 1 has, and what FORC will do next with it.

Because of what I still consider to still be a possible 'size of shares short still' [Friday's action indicated that too me]..... and for those who further their DD, there might be a chance for a good entry on Monday.

But, that's not my decision, just my opinion or 2c_worth.

http://stockcharts.com/c-sc/sc?s=FORC&p=d&b=15&g=0&id=p17970548896

http://stockcharts.com/c-sc/sc?s=FORC&p=d&b=1&g=0&id=p17970548896

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