Filled the USD0.85 order today. Still have an order in at USD0.80. Tempting to buy heavily here, but I think I'll keep the powder dry, as the bottom call may not hold.
Wonder what Mr. 99 cents Bumstead is thinking?
XLF looks like it hit a wall at 16...May be regrouping for another try...If it breaks out above 16,I think it takes the market with it..."IF" being the operative word...Lots of global sector risk still in play...Good luck,HOG
IMO,very nicely done...I'm stayin' at 1.05,and deploying capital into coal and nat gas...I think BOTH are presenting terrific opportunities for long term investors...Just my opinion,and thanks for sharing your SYNM plays here...HOG
This report is for CCTC (Clean Coal Technologies) and I must question it's relevance to SYNM (Syntrolem).
mixomatose79 is being duplicitous, or in layman's terms, chickensh/t.
As for SYNM, the AmericanBulls site posted a "buy if" that failed, meaning if you bought, you lost.
Candlesticks are a meaningful check, as means of attempting to identify a trend, but by no means a script to follow.
If you've paid any attention, the SYNM PPS is tracing the NASDAQ, no more and no less.
Have a look at a three month chart comparing SYNM and the NASDAQ.
Betwixt 4 Jan 2012 and 13 Feb 2012, the two were in almost exact lockstep.
Then 13 Feb 2012 to 7 Mar 2012, whoosh up and down, and then down a bit more.
Since 7 Mar 2012, you've a relatively close range, the NASDAQ creeping upwardly, SYNM vacillating.
The last few sessions have reestablished the lockstep.
This observation undermines the 'oh my god they're talking about it' hoopla, as much as I'd enjoy the President having his way and more importantly, mine.
Two weeks....as from what date....and will an 8-K be published? Four weeks.....as of what date....and will an 8-K be published? Can anyone quote a promise on record? No, because it doesn't exist.
Should the NASDAQ continue it's slow but steady upward trend, SYNM's pps will trade relatively sideways. Should the 20 dsma and associated Bollingers continue their current downtrend, a pinch and rapid drop will occur, particularly if the NASDAQ wavers.
Reasonable return having sold a fifth after the whoosh rolled over. Refilled it at USD1.15, and feel foolish for having done so given the inside purchase at USD0.99. Can't begin to describe how much that chaps my @ss.
Powder loaded at USD0.95, .90, .85, and .80, with an extra horn full for the lower end.