Yes, same thing happened to me on a different thread yesterday---agree that a large number of thumbs-downs mean these shorts are incredibly nervous now.
Very telling that when I brought this simple fact to the attention of the board yesterday, the nervous shorts gave me a total 5 "thumbs-downs". Just for simply stating an honest to God fact. Now today you see why---their worst nightmare is about to come to fruition.
4 Stocks Under $10 Making Big Moves
ByRoberto PedoneFollow | 10/08/15 - 03:21 PM EDT
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Thursday's Range: $1.13-$1.18
52-Week Range: $0.88-$8.50
Thursday's Volume: 31,000
Three-Month Average Volume: 299,174
Uni-Pixel (UNXL - Get Report) , a pre-production stage company, engages in developing performance engineered film products for the display, touch screen and flexible electronics market segments in the U.S. This stock is trading up 2.6% to $1.17 Thursday's trading session.
From a technical perspective, Uni-Pixel is spiking notably higher here right off both its 50-day moving average of $1.11 and its 20-day moving average of $1.12 with lighter-than-average volume. This stock has been attempting to carve out a double bottom chart pattern over the last month and change, since shares have found some buying interest at $1.03 to $1.01 a share. Shares of Uni-Pixel have now started to spike higher off those support levels and it's quickly moving within range of triggering a big breakout trade above some key near-term overhead resistance levels. That breakout will trigger if this stock manages to take out some near-term overhead resistance levels at $1.18 to $1.23 a share with high volume.
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Traders should now look for long-biased trades in Uni-Pixel as long as it's trending above those recent double bottom support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 299,174 shares. If that breakout hits soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $1.55 to $1.64, or even $1.80 to $2 a share.
Seems to be acting much better than normal today--not only up 7% thus far, but first time in weeks there has been some decent volume.
Yeah it always seems to sell off, but I guess in today's case at least we know why--was nothing to it. Only down a nickel or so from it's high, but the momo traders seem to be selling it off now--wouldn't be surprised at all to see it close under 2.80.
Must be a problem as I know TERP is good for a minimum of 4-5 bash posts a day. Did everyone seen the big news release from 10am? HIred a sales team to sell Gabriel. This is the real deal folks!
Remember, just last week after earnings, it was trading around 1.80 for a while after earnings in the afterhours. This selloff following the overall market (Naz and smallcaps) is way oversold now.
I didn't personally see anything, but very perplexed as it was trading up at $4.79 on Friday. Does anyone know what the catalyst is for the huge 26% selloff since Friday? Seems a bit overblown, no?
Just filling the gap--had to happen eventually. Volume very light compared to last week. Once it fills it will resume (the usual 50% retracement).
Strong again today---the trend has definitely turned. Would like to get it back to $8, where it traded for nearly an entire week in mid-April.
It's picked up in the last hour (since 2:55) -- has traded over 1M shares since then (50 minutes). Tomorrow it will gap open for sure.
Good to see your post---it's refreshing to actually see a VLTC post on the VLTC board :) . And yes, the party is only starting---from August 7th to August 10th (one trading day), it jumped 6 points.