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AMERICAN_PSYCHO

05/19/08 9:25 PM

#174876 RE: JimsZ #174874

I believe Desperado has hit the nail on the head... read his posts - they are "keepers".... very astute....

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Posted by: Desperado90
In reply to: underdog150 who wrote msg# 174829 Date:5/19/2008 7:39:07 PM
Post #of 174875

Yea, YA shorted the Legacy CDs thats for certain. The accumulation could be buying to cover. Now think about this why would YA amend the old CD + the mortgage CD = $3M?

I think YA holds the certs. Now Tom struck a deal with them give me 800M shares back (800M in Escrow), I'll pay you $3M in cash distributions and I'll add up to 134M share warrant @ 0.01.

Therefore, they can buy to cover to Tom for the $3M.

$3M/800M = 0.00375 Average PPS. Look at the trading channel for a while now.

IMO, YA and Tom might be swapping payment for shares. Keep the PPS within the range, YA and Tom can do their thing.

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Posted by: Desperado90
In reply to: GoodeEYE who wrote msg# 174778 Date:5/19/2008 4:12:04 PM
Post #of 174875

You should know that by now. The drop in PPS was due to the Legacy CD conversion.

The strength here is that we learnt from the January 18th 8K that we have a new amended, reorganised and execution agreement with YA. We have 800M shares in Escrow and We issued up to 134M share warrants to YA @ 0.01.

Now why is the new arrangement important? IMO we payoff the $3M YA CD and SWVC gets to keep the 800M shares in Escrow and YA also get to keep the warrants.

IMO 1.1B-800M= 310M + Possible up to 134M shares = 452M shares new OS.

Need I say more. If you have anymore questions, we can put heads together.
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SFGiants

05/19/08 9:32 PM

#174879 RE: JimsZ #174874

I guess you're right..please take a look at 3,4, and 5 (where we have been the last 6 months)


The Accumulation/Distribution Line was developed by Marc Chaikin to assess the cumulative flow of money into and out of a security. In order to fully appreciate the methodology behind the Accumulation/Distribution Line, it may be helpful to examine one of the earliest volume indicators and see how it compares.

In 1963, Joe Granville developed On Balance Volume (OBV), which was one of the earliest and most popular indicators to measure positive and negative volume flow. OBV is a relatively simple indicator that adds the corresponding period's volume when the close is up and subtracts it when the close is down. A cumulative total of the positive and negative volume flow (additions and subtractions) forms the OBV line. This line can then be compared with the price chart of the underlying security to look for divergences or confirmation.

In developing the Accumulation/Distribution Line, Chaikin took a different approach. OBV uses the change in closing price from one period to the next to value the volume as positive or negative. Even if a stock opened on the low and closed on the high, the period's OBV value would be negative as long as the close was lower than the previous period's close. Chaikin chose to ignore the change from one period to the next and instead focused on the price action for a given period (day, week, month). He derived a formula to calculate a value based on the location of the close, relative to the range for the period. We will call this value the "Close Location Value" or CLV. The CLV ranges from plus one to minus one with the center point at zero. There are basically five combinations:

( ( (C - L) - (H - C) ) / (H - L) ) = CLV

1. If the stock closes on the high, the top of the range, then the value would be plus one.
2.If the stock closes above the midpoint of the high-low range, but below the high, then the value would be between zero and one.
3. If the stock closes exactly halfway between the high and the low, then the value would be zero.
4. If the stock closes below the midpoint of the high-low range, but above the low, then the value would be negative.
5. If the stock closes on the low, the absolute bottom of the range, then the value would be minus one.



It's the formula...how are we continuously going upward, when we have been in the 3,4,5 brackets for the past 6 months?