• Spamwich
    $OCAT Week finishes with spinning top candle, buy exhaustion signalling sell off. Fresh sell signals on 5 H MACD
    7/12/14
    Reply (34)
    • DWD Investing: Yet it continues to range around .08+ I think we have some irrational exuberance because the new CEO takes over 'officially' on the 21st.
      7/15/14
    • Spamwich: dwdallam the price is hovering just under resistance. Likely a sell off, but how far is the question. I'm betting on 6 cents
      7/15/14
    • DWD Investing: Can't figure it out. I think it will stay up until the new CEO become 'officially' the CEO. People are thinking 'announcement'
      7/16/14
    • DWD Investing: of some kind that will answer their pie in the sky questions--like a JVor Phase II or BTS form the FDA.
      7/16/14
    • DWD Investing: Speculation about Paul Wotton's followers are accumulating, which keeps price up. Also, I don't count this equity as a 'normal' equity
      7/16/14
    • DWD Investing: since things are happening, and big things, like the CEO announcement where he takes a 50% decrease in salary to come to a broke penny stock
      7/16/14
    • DWD Investing: I'm not saying something is emanant, but there are catalysts other like companies do not have.
      7/16/14
    • DWD Investing: I hope it can drop back into the 6s before the publication. If the publication hits a homer, we'll never see the low side of .10 again.
      7/16/14
    • DWD Investing: I'd accumulate if it would just get under.08, not a lot, but some. That publication IS going t hit soon.
      7/16/14
    • DWD Investing: I mainly look at volume and accumulation type studies,plus EMAs. Volume and price are king. It's been trading sideways the last 3 days.
      7/16/14
    • DWD Investing: In other words, it's momentum is stopped.
      7/16/14
    • DWD Investing: And accumulation techs are flattening.
      7/16/14
    • DWD Investing: Looks to me like MMs playing their games more than accumulation today. I'm not biting.
      7/16/14
    • Spamwich: Market Manipulators? I'm thinking 6 cents could be an attractive medium term trade... We'll see when we get there. Didn't like that new low
      7/16/14
    • DWD Investing: Like I said above, look at volume--nada for the last few minutes--none. VOL = 1158120 not moving. No one wants to buy. reversal now hopefuly
      7/17/14
    • DWD Investing: TEhre we go a sale 8:18:56 neutral buy.
      7/17/14
    • DWD Investing: 08:36:58 last buy at 10K seriously, volume is going to nada.lol 18 minutes between buys?
      7/17/14
    • DWD Investing: and they won't lower the ask hahaha
      7/17/14
    • Spamwich: lol
      7/17/14
    • DWD Investing: Looks like the .08s may be it? Still going to stay with my strategy and wait until after the 21st, or sub .08 levels.
      7/18/14
    • Spamwich: Looks like resistance is holding there, I see price squeezing in a wedge, should get trending move in couple days
      7/19/14
    • DWD Investing: Up or down? With no news, I say down.
      7/20/14
    • Spamwich: The spinning top and MACD cross failed to give a direction, the ascending triangle ( not wedge) broke resist, now targeting .10 then .07-
      7/22/14
    • DWD Investing: lol impossible to figure currently. Staying right around .08
      7/23/14
    • Spamwich: Yeah its tough, but I think 10 cents is THE sell zone, if 10 cents breaks then probably going to like 20 cents in my humble opinion
      7/23/14
    • Spamwich: I just looked the chart over, bearish engulfing candle, MACD giving sells, thinking 7 cents immediate term, then sell off to 5 on break of 7
      7/23/14
    • Spamwich: meaning... The rally invalidated !
      7/23/14
    • DWD Investing: Spam, the 'rally' was never validated in the first place. That's why technicals made no sense. Today they diluted 500M. That's why it's off.
      7/24/14
    • DWD Investing: But look. It's holding support at high 7s. It's amazingly resilient.
      7/24/14
    • DWD Investing: Still too high for me to accumulate. I may have to be satisfied with my 700K shares. Currently, my strategy does not allow accumulation. . .
      7/24/14
    • DWD Investing: above a pps of .065 cents.
      7/24/14
    • Spamwich: You may be right, I was just following a break of resistance , but then a bearish engulfing candle came along suggesting further downside,
      7/24/14
    • DWD Investing: It's due to dilution. They just diluted 500M shares. Looks at float last week and then right now.
      7/25/14
    • DWD Investing: I just sent investor relations an email asking for float sale clarification.
      7/25/14