Replies to post #58954 on Intellicell Biosciences Inc (fka SVFC)

[cazual]

You read my mind...why else require actions towards a squeaky clean balance sheet? If their intent was to be a "toxic diluter", their only concern would be to get their money back and apparently they have other plans in mind:)
GO SVFC $$$$

[Gannicus]

* SVFC - chart analysis

No one was more surprised by the inability to get a > 0.01 run going, than me.

Squeezing Bollingers, upper Bollinger band break, should have resulted in a sustained 300-400% run. It's rare for subpennies to have a false breakout.

This pattern is much more commonly seen in > 0.01 stocks. Dollarwise, we are also trading much more $$ volume than typical subpenny stocks, and this may account for the difference in typical chart patterns.

I suspect we've had a false breakout, which, after a certain period of consolidation, will be followed by a real breakout.

This consolidation can last 1-3 weeks, occasionally longer.