REDF is showing signs of a bottom. Most likely scenario is a takeover by one of the US internet information firms like YHOO or Time Warner. Take a peek at the chart.
THANK YOU BOOTSIE FOR NOTICING!!! I've never really pulled off a complete bottom fish like that but I am so damn excited. Shhhh. Captain O and the rest where are the accolades. Alright here is the whole story. 1) A year ago or so BMO securities highlighted this stock with i think it was $4 PT. 2) A man a I highly respect in the stock world. disclosed to me that he owned it and heard big things. 3) It was $2.00 at the time almost! So I watch and watch and watch and down and down and down the message boards are filled with hysteria and very personal attacks against the CEO. My belief in this company never waned. Now let's talk turkey. ADSTAR Finally made a move. It looks like it's bottomed. Historically the stock always bottoms in that 50-60 range. Looking at the weekly chart, the stock has been swinging back and forth for five years between 50-60 cents on the downside and 3-3.30 on the upside, so perhaps we'll see it try to make a move back up towards that 3 level again. It's been promising in the last few days. The stock has moved from 53 to 95 cents before backing off late in the session, and it needs some follow-through here. Next resistance is 95 cents. A move above 95 cents-$1 could get this one moving here. Because if it stays below $1 for too long it runs the risk of being delisted. And that's the rub folks. An astute poster some where else in Cyberspace laid out a conspiracy theory that these guys somehow get the stock price up when they have to to avoid delisting. Fine. If we are in at 70 cents and they want to look good at $2 plus who am I to say no!!! Furthermore this company will be snatched up. I am feeling that was the original impetus for my wall streeter to buy. Anyway when big money holds on to a dog sometimes you take a small risk. Now if only this pops over a $1 today and catches a tailwind.... ~stoney
Just thought I would mention that SDTH is going crazy... BHIP is finally taking off and I failed to mention that I did pick up some JADE but with the move today I thought no one would believe me. I longed 407 two days ago and put out a sell at 507 and forgot about it - needless to say I was hit today but missed the rest... oh well, lesson learned. 550 was a spot anyway...
Nice grab with ADST Stoney, I think I may jump in with you here at the mid-low 80's with a stop just below .70 BTW my 1.09 stop which is right under the 50-day MA on MCZ has been missed by a penny 2 days in a row here. Lets see if this thing can blast up on more Halo and Air-Drives hype.
Bootsie what do you think> SDTH? High today $6.95 also june 5th high. Whole days volume traded by 10:00 Now belowe it's open print a sell cascade with this volume would be a reversal... why does it still look so tasty... Do you take a stab at $6.60 or playing with fire.
In @ $6.44 Shengda Tech rolls off the tongue. 1,500 shares. am i crazy? Am i lazy? Why is bootsie not talking to me??? MCZ looking stable, WWAT almost able, I'm into given' but this BIVN is looking too easy!! ~SI