International Stem Cell Corporation Message Board
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$1.52 is next stop, mark my words!
1.50 to 1.52 is a easy hit from here. The smart money still selling. The dumb money still buying.
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Well, Well, 1.52, is "still" resistance. The volume and price action is still extremely bearish. Once a stock breaks key support (1.50 to 1.52) it becomes resistance. Also, notice how light the volume is on up days and how heavy it is on down days? The pump and dump continues. The smart money sells big when the dumb money buy small.
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Once a stop is taken out it become strong resistance. The pump today could not get it over the 1.50 level. Smart money coninues to sell while dumb money buys. A pump can only push you so far!
- 1 Reply to TxTraderMan
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it was at 1.58 dummy.
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TxTraderMan, Nice call on December 29th.
- 1 Reply to rhymeflower
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Thanks, most on this board know absolutely nothing about the stock market. Especially this overvalued, overbought and over hyped stock. The smart money made out like bandits. 1.52 just now hit like I forecast. No brag, just fact.
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I agree, but as mentioned here, many of the original holders will just keep adding to there position, each time this sells off big aggressive buying statrs coming in and pushes this back up. The beauty of this is these pullbacks end up just a bit higher each time and the deeper they drop the more snapback they have.
It's the LT interest that has most of us so bring the swings and we'll keep building.- 1 Reply to popsgotee
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Not seeing much of a snapback and you won't. Again it popped today but then closed on the low for the day. That my friend is what you call distribution. Smart money selling to dumb money.
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Don't forget my words speculators. $1.52 will be hit this year, it's in the bag, I mean charts! Ha...........
- 1 Reply to TxTraderMan
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What exactly do you see that tells you this?
Show me...
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It would be nice if it went to that level, I might nibble on a few shares at that price.
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And what is your reasoning for these words of wisdom?
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Forgot to add that if 1.50 does not hold and is busted on a daily basis, it goes to $1.00. Mark those words also.
- 3 Replies to TxTraderMan
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Don't forget this next forecast that if 1.50 is busted and does not hold, it goes to $1.00.
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Well mark these words, TxShortman,
IGNORE for you.
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