The find out why, check out my blog at h-grant-h ddott tumblr ddott comm, where ddott is a real "." and comm with one "m" only.
Search for "NURO".
Good luck to you all
Periodically, I like to review my work and my holding, and try to find holes in my thinking.
In mid Aug, when the stock was around $2.4-2.5, I posted the following, in commenting the volume stats I posted on this board for the first time - my work of last 6+ years, without too much info to confuse the readers.
"If you look at the stats I showed closely, you should see it's been a real trading war since the stock got over $2.5 level. The big shorts have mounted a sustained assault, as the price increased to $3.40 level - they really pressured the long hedge funds' effort in the rally.
The trading war has continued - the tactics could only be seen by the truly experienced and knowledgeable. The value of my work lies in the fact that it provides a graphic view of the trading war to the new investors and to those who are not really experienced in trading intensively - the battles behind the scene in trying to push the stock up and down. And my work predicts who will win the war in the end most likely. And that's where I place my bets."
Of course, that's my basis to have reloaded the stock aggressively, which worked out perfectly. What I really pointed out was that the volume stats - short volumes - clearly demonstrate that selling over $3 was faked. (from there, I started to introduce the concept and the use of short volume ratio, the hidden shorts, etc.)
The point I want to emphasize is that my focus is intensely on the big picture in trading over a certain time frame - a daily move tends to be noise - but there is simply no way to hide the truth over a certain defining time and price range. Once the big picture becomes definite - the rest becomes much easier.
As of today, my observation is very much on target - the selling has been faked over $3. Therefore, what will happen next? I think the next move will be a powerful rally past $4.
We'll have to wait and see.
In my original post about the time frame, I said to expect in one or two weeks. Of course, the stock market is never a precision game - only the truly ignorant would think like that.
1) Projection based on a certain set of parameters is not an exact science, but to have a target, a goal, is always a good practice, in life or in the stock market.
2) My work has been to discover WHO are the major force in pushing a stock down. And as I've pointed out time and time that we know the hidden shorts are selling this stock down - good news!!!
3) Investors should care much less about the day-to-day fluctuations, once you know the biggest shareholders are as steady as ever - they're with YOU. That's the essence and the value of my work - it gives investors, big and small, an instant big picture and a real time confirmation that you're probably in much better shape than you might think otherwise, especially when you have some down days, which is often the case.
One more note. I never intended to impose on anyone to read me. That's the reason I tried to stick to one topic - long series of posts, very long. In case anyone who hates it, they simply click on "ignore". Gone. Clean screen. But some readers asked me to not go with long topics, but start new ones often, because it very difficult for them read and follow my posts on a message board that way.
The problem? Some idiots pretended to hate my posts - they keep reading and reading. Hey, put my id on ignore! It's rather ironic. That's why I need to start my own website - for serious traders and investors only.
I've not really talked about the technical in a serious manner. So, I think it's about time.
My predominant technical view is a long term one, based on Elliott Wave. On a 5-year weekly chart, wave 1-2 were completed. Wave-1 high was $4.60; wave-2 was a very long and painful descending diagonal, stretched from 2009 to 2012.
Currently, I think we're on the wave-3, subwave-3, the most powerful wave in Elliot Wave Theory. The next target is $7.50 to $9 range, to complete the first thrust of wave-3. I don't know what sort of catalysts will come out in the months ahead. But all indications are that we're ready to zoom.
Feel free to comment to this topic, with seriously take only.
Hope all of you held on as I recomd'ed.
The exactly earning number is really not that important. It's all about the guidance. In case you haven't read my blog, go to h-grant-h ddott tumblr ddott comm, where ddott is a real ".", and comm is what every url ends.
July - fiberLAN components zNID ONT deployment with CDE in Clarksville, Tenn., to launch 1 gig Internet services for both its business and residential customers. FTTx - fiber network and bandwidth.
Aug - new GPON deployment with NineStar, MXK and zNID products - fiberLAN
Sep - Telecom Namibia, FTTx deployment and GPON. This is the largest new customer since 2012. FiberLAN, significant revenue stream forward.
Sep - FiberLAN deployment, Crowne Plaza hotel in Clayton, MO
I did a search for 2013, and the pace of FiberLAN deployment by Zhone has been the fastest ever in Q3.
That's the basis for my thinking that Q3 will come out better than Q2. That's why I've tried so hard to reposition, again and again. You must have a strong fundamental to back up your aggressive trading and positioning.
The message/rant sounded familiar? Who was that posted the same rant that I commented on?
Inhale too much ozhone? You guys should stop embarrassing yourselves with endless ids.
Thanks, alakamuna. I like your work here too, tho I no longer come to this board often. I guess I had more than enough of the nastiness from those residents of the past 10 years. I really think this board was the most negative and nastiest YMB I ever visited. I took nearly every oz of my good sense to cleanse that extreme feeling from those people.
Only because folks like you are still here, I came occasionally - it's about social calls. Nice talking to you. Good fortune and good work, congrats to you and other good people on this board!
Anytime when a big bank is willing to reduce interest rate on a credit line, it is a positive event. This means in case it needs more funding, the source is there at a lower rate. Fee is minimal and not a concern at .25%.
YONG gets taken privated a $6.69/share. My entries were around $3 in Jun 2014. It takes time to have a thesis to work out.
I think GPRC will be taken private over at $4+. The company is truly a cash cow.
$5 is the max target from my understanding. 10 mln shares at $5 each. Possibly $4/each.
I'm sorry, but I think the shorts will win this one from $9 down. Yesterday's jack-up act was so typical. You have to remember the company has not cash, and there is no way that big investors would be paying over $5/share.
Why bother with those clueless posters who clearly missed the rock bottom and they now are talking nonsense.
The SENSUS sales will accelerate into 2014, and the expenses will come down, b/c they are not using a dedicated sales force. Instead, they're using more effective channels and partnerships to drive the sales by spreading the good news nationwide.
Those short sellers are trapped. What else is new?
I'm amazed what a couple of down days can do to the charging bulls. And I'm telling you I'm an aggressive buyer when most become bearish in this stock and in this market.
ZHNE reminds me of PXLW at $3, weeks before the huge jump to $5.7. I was buying aggressively back what I unloaded much higher on the first leg up, and I posted what I was doing. That was before the earning report. PXLW board was too quiet then. The bulls hated my posts when I unloaded 2/3 my position at $4.76 - which explains why I no longer post my trades most of the time, especially when I have to make room for days when bears/shorts are back from the dead.
I'm telling you, especially those idiots/shorts and my detractors, you'll be bulldozer-ed over, and the stock will be over $4 before you know it. What else is new?
That number should be a bit higher - there was the big jump on Sep 13th and 14th - shorts made some big bets in day trading. The closing number doesn't mean much, since it was a snapshot on how much was held overnight at the reporting deadline.
"Good companies do not need reverse splits in their stocks."
Is that a commonly accepted "wisdom" from the media?
I think one must look at each individual case carefully. In the past two years, I had two big winners from the reverse-split. The first one was TROV - 6:1 reverse split on 5/30/2012; and the stock was hit hard afterward. I bought TROV at $3.2 on the rebound, and it went to $10.2. I sold out a bit too early at $9. Now the stock is still much higher than the pre-split level.
The second one is ZHNE - a survivor from two big reverse splits years ago. I bought ZHNE from the first breakout over $1. My first entry was pre-market at $1.2+. The stock was on my watch list ever since AFOP jumped into $20 pre-split, and I was desperately wanted to get back in that stock. So I searched around. I've been buying ZHNE and trading to the upside ever since. I believe ZHNE will hit $6-7 soon.
"old version of next technology"?
Well, I'd like to see you up back that up with some real facts and data, but not just some poor sentimental rant.
Is Crown Plaza not a high end hotel chain? I don't think I have to waste my time on that silly rant of yours. I don't think you know anything for real.
I have a big core position as a long term holding. But I also have a big trading position, which I use as a tool to profit from the shorts manipulation every day.
As of today, I'm fully loaded on my trading position - bought in the range from $3.30 to $3.05, as posted. The real "challenge" for me is almost always more about psychological, than anything else - it's an inner drive and need, "you must follow the indications and trade." Trading is trying to be a machine - trying to be as accurate, in cold and detached completely.
In trading, I meant mostly swing trades, but not day-trading. Day trading is the most exhausting and lest effective way in trading a stock, but some people must do it b/c they use margin aggressively.
I think the stock will ramp up into the earning report, simply due to the enormous growth prospects ahead - I don't think those hedge funds could afford to wait it out - they're already missing out the biggest jumps!! That's the reason I've been an aggressive buyer whenever I could get some lower.
What did we know? The hidden army of shorts were very aggressive from $3.60 - $3.70 down. I did point that out last week.
We're heading into end of Q3. So, I think this would be the last shake out before the stock jumps into $4's.