when good news comes out and the stock hardly moves up. Pity the poor suckers who bought in after hours yesterday or pre-market today.
And it looks like there are plenty of suckers willing to jump in because they think the momentum has turned. That is really naive. I still see very bearish signs and would advise staying away.
As a brilliant analyst, I see signs in the charts that others just won't understand!
This event is over, right? And no one cared. No news that I can see. So what does this mean for ONVO? The stock will just continue to go down. Just like it's been doing for months.
Usually when a stock goes down like this, especially ahead of earnings - and there's been no news - it is a very bad sign. I expect it will tank upon the earnings release. And then continue to drift down even faster. The technicals look really poor as well.
Stock price went down a lot - just like I predicted!
Seems to spike up early in the trading day. Then the price just drifts down. This is a textbook case of stupid investors buying in and driving the price up early, and the smart ones selling at the peak. It's obvious the stock is going to crash!!
Either you don't know how to read a chart, or you are looking at it upside down. Or maybe you are looking at the wrong chart! My expert eye tells me the technicals are really really poor. Obviously you are missing the clear signals that I see on the chart, showing the price headed down.
The uptrend has just started. Very very strong performance. Technicals are solid. Analysts are raising their earnings estimates and price targets. All this is a perfect setup for HUGE up move in the stock price!! I expect GREAT things from AMD!!
More likely to see $1 in one month. This is just a desperate move by the company. LOL!
So far there's been nothing from ONVO. Even all the great presentations have failed to move the stock up. It is still languishing well below the high prices from years past. If they don't realease some spectacular news soon, the shorts are going to finish them off. The stock continues to be very very weak technically.
None of the updates seem to help the stock price though. So why would the next one be different?
If insiders thought the stock was a good value at these levels, they would be buying. But they're not. Until insiders buy, it's clear they have no faith in their own company/stock.
Brilliant. You will be very rich very soon.
In the long term, we are all dead. That is the only sure thing.
Really... this long term stuff is overrated. We need to see the money, and see it now!
The market keeps going up and up and up. And ONVO... still a penny stock. And the stupid longs keep getting excited every time the price goes up by a couple of cents.
As I predicted, the stock was down big today. And it seems to be down more in AH trading also.