Replies to post #21515 on 02 Secure Wireless, Inc. (OTOW)

[Think or Swim]

Correct. The current share retirement has not been absorbed. While breaking .03 is a major barrier there are many other MRP's (mental resistance points) on the way. These are points that cause a great many investors to buy or sell that are not 100% technically connected. .015, .020, .025 are not only technical resistance points but they are MRP's as well as break of each of these levels will induce buying.

We get past .015 this week, .02 next. IMO!

[olandug]

Pennymistros - thank you for your level headed intelligent post. Well said (following written by Pennymistros):

We have not seen the effects of this as of yet. What is happening is that our stock is still churning and since the share count has been reduced the mm's have to shake real hard now to get shares. When the demand/exceeds supply then we will be cooking and if somebody wants to own that task (share counts) to keep us updated that would be great. We have now found a support level and bounced which is significant because as in every trade it signals buyers to come in, evidence of that is to just look at our board we many new otow supporters even today. Now back to business if we break .03 which is most significant then .05 will be like gravy not much there. If we blow past that well you know the story. But one step at a time lets continue to wait for the demand to exceed supply which is occurring now since the share count has been reduced and when that boils over I believe we will have some strong momo to break though those stubborn resistance points.

PS you now that 2.65 mil trade hey it has definitely reduced the number of shares available now how ironic. Supply is getting thinner by the day and soon demand will be at a frenzy. Watch.. imo

[GREGG THE GREEK]

yes i concur

great post

we are on our way

just a little patience required

otow looking great

[spike007]

Penny I agree ...I was in one penny that went from .02 to 7 in one day -kind of unexpectantly ...when these catch fire penny to two cent jumps in minutes are common ....so with others I agree 10 cents is within reach .....