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StockTrekker

08/09/18 4:37 PM

#16849 RE: thestreetlawyer #16848

Not sure how many we churned through. We'll know alot more tomorrow. I agree though we should test resistance of .0042

GaiusGracchus

08/09/18 4:52 PM

#16851 RE: thestreetlawyer #16848

There will probably be some more flippers getting out in the mid 30s, then we will hit the same resistance at 40 that we have previously. Saw a few dips into high teens, so id have to believe some flippers loaded along with the longs.

We have struggled with continuation after moves like today, so tomorrow will be a big test. Theres no downward pressure though, so at worst we should find some support around 30, or upper 20s. A little consolidation at new levels, followed by the Q next week and hopefully a PR of being note free and thats when the fun really begins.

TheLastOneSitting

08/09/18 6:34 PM

#16857 RE: thestreetlawyer #16848

Expansion, note free, and profitability is what will take ABCE to pennies in the coming few weeks. Audited 10q next week will be concrete proof backing the PRs and confirming the “final” O/S since notes are gone. Huge weeks are coming, so tomorrows (and/or next few trading days) price action is meaningless to me.