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GGR: GeoGlobal Resources Inc [was GEOG was BOWG] (2000 + )
This archived discussion is "read only". « Previous 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 Next » » biogardener - Previously posted Maybe this was already posted previously, but in case it was not, here is the Suite's report filed with the Securities Commission on Feb. 8. It explains better how this all came about.-- posted by biogardener » Kirk - Re: BOWG Charts In response to message posted by Kirk:
<img src=http://chart.bigcharts.com/bc3/intchart/... width=430 height=218> A NEAR PERFECT Fib retrace (62%) from the highs to the old lows... Given the spread is often 20%... this is pretty amazing to see. <img src=http://chart.bigcharts.com/bc3/intchart/... width=430 height=218>
<img src=http://chart.bigcharts.com/bc3/intchart/... width=430 height=218> -- posted by Kirk » Kirk - More Charts <img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=366><img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=366> -- posted by Kirk » Kirk - Re: More Charts In response to message posted by Kirk:Notice we are slowly working higher after we got our 50% retrace of the big gains. <img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=366> That first chart above sure is a nice, smooth "ring". I wonder if we can make some new highs? My thinking, given in more detail in the newsletter I am writing now, is that SOMEONE thought enough of the stock to buy the Bradshaws out for about 25¢ a share and nobody buys a company these days unless they have a good idea on how to get a nice return on their money. Of course, they could be wrong... but it seems SOMEBODY thinks not as there has been accumulation. Amazing that swing traders would look for 3 swings on the down move and we even see that in the above 6 month chart... so now it is time to go higher and test the 52 week highs or perhaps make new 52 week highs! -- posted by Kirk » Kirk - Re: Jan 28th post In response to message posted by Kirk:I wrote on Jan 28, 2002: My hope is we had the "typical retrace" that is often 50 to 60% of any big move and is usually seen as a healthy sign for making a larger move in the future. Concerns would be if we did a double top... but we have to get back to the 52 cent level for that first before we worry. OK, we got the 50% retrace as I suggested AND we punched thru the 52¢ level but closed at 51¢. A positive sign would be to close ABOVE that on some volume tomorrow... but if we get some volume at a lower close tomorrow, then profit taking might be a good idea. Triple witch so anything goes... -- posted by Kirk » Kirk - BOZO Alert! I think this is what I will call these big moves on 200 to 400 shares.The bid was at 50¢ and the ask was at 51¢ this AM... then this rogue trade comes through at 42¢ for 400 shares ($168... hardly worth the bother with the high commissions for these penny stocks.) Anyway, I think this is how the Market Makers try to shake out the Bozo's into "taking profits" when they have a buy order to fill... Watch and see if we don't end up higher than 42¢ today after this head fake. In fact, if I check at Fidelity...the ASK is STILL at 51¢ so this sure looks like a head fake... -- posted by Kirk » Kirk - Re: BOZO Alert! In response to message posted by Kirk:Bozo Confirmed! <img src=http://chart.bigcharts.com/bc3/intchart/... width=430 height=218> That silly trade at 42¢ as a head fake… the next trade came at 51¢ which was at the ASK… they were trying to get a lower price. -- posted by Kirk « Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 Next » Please follow the guidelines set forth in the Suite101 Posting Etiquette when adding to the discussion. |
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