Access Pharmaceuticals Inc. Message Board
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Up 27.5% after we put in the low
Trend has reversed to positive and looks like its crossing 50 day moving average to upside. I think we will light up a bunch of day trading stock screens and get some new shareholders. Once we start selling our FDA approved product in the USA, watch out, $ 5/sh no problem.
The stupid shorts had a chance to cover, and now they are stuck in a low float stock with a FDA product with huge demand!
http://stockcharts.com/h-sc/ui?s=accp-
Shorts? You've got to be joking! Just one weirdo who has numerous ID's and a hard on for Robertel65 after he dared say bad things about COIN on that board. Check the 26 ratings on Robert's last post!
- 1 Reply to skiidady
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I hope you all see the connection that once this stock put in a bottom and the weak hands sold their shares, dwesr dissappeared. He was obviously a paid basher.
Cheers!
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Seems as the news flow from the company has increased over the past few days.
- 1 Reply to pony_an_trap
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As we can see, price broke through the 50 day moving average resistance today on strong volume and good news flow. The 10 day moving average also finally broke back above the 20 day EMA showing a trend reversal from the down trend that started on Jan 19, 2010. I think the next is to try to get listed on a real stock exchange. They have a high enough stock price to make the change over, this alone could send the stock back above $ 5/sh. If you look, you will notice before FDA approval this stock was once $ 20/sh, and while its taking long, we should get back up there. They took 2 years too long to start getting sales after FDA approval, but it looks like they are finally making some progress for this high in demand product.
http://stockcharts.com/h-sc/ui
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Yup, all the weak hands lost courage and folded, classic pattern. Not sure if we're in the clear yet, though. If the market stalls, the crossover may not complete and we could ride the wave down further. Hopefully, this doesn't happen. We'll see.
- 1 Reply to fg033
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I'm watching the 100 day avg. Historically once it breaks through that level it tends to stay above it and bounce off it. 100 dma = $2.83.
Lots of volume last 2 days on upswing - something good must be pending soon.
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As you can see from the chart we had classic divergence. The MACD was trending up while the share price was going down. Finally, we had strong black buying volume today, indicating smart money pouring money into the stock as they take off the brakes, and let this puppy run. All the weak hands already folded, so no resistance.
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