Hakim acquired even more shares. Ithink someone said he owns 40% of the company! If so it ought to be proof enough for the naysayers that he is in this up to his teeth!
goathumper1: You are welcome. Do you catch my daily charts on I**B? This new site is their for you. Kayak_wench posted our first message on the board!!! Sharpei soooo happy. Remember this site it for all your investments and not limited to ELTP, although I 'heart' ELTP. :)
There were signals today that may not have been obvious to the casual observer: we had a spike (it almost sounds like an exaggeration) over recent highs to .205; we had a green finish up .005; slightly heavier volume 623,400; and what may be the most telling sign, we closed with an inverted hammer, understood as a signal of price reversal. macd, rsi with elongated horizontal pattern such as you might see before a break. Tuesday is June 09; it could be a critical day for news.
I've reached my limit on IH. I am not an investor in PXYN; however, IF I really wanted in this stock, the rsi is giving off a good signal, the gap is covered, MACD looks to be curling up as does ADX/DMI to a positive position. I don't give stock advice; this is what the technical indicators look like, but have not confirmed. Good luck.