SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : lcav
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rob J who wrote (136)1/11/1998 2:18:00 PM
From: Manny Gugliuzza  Read Replies (1) of 942
 
you really can not expect to much down here for long term. you can probably make more with 5 trades in and out down here than buy and holding for a year. although i want to be holding with the break above the 50 day moving average. must watch carefully for the stocastics to turn positive for a 3-5 day run to 10 or 20 day moving average 1st. i will give you the site to follow this and we can look for something positive in a day or two maybe.

meanwhile summit holders continue relentless. yes the smaller trades look like sells but that one trade i saw was a sell for sure because it was the only time the stock traded at 9/16 and was only a few minutes. 75000 for the floor trader who did that trade. that was a 30% loss from the trading that occured after! as you will see from the ta charts the price trading was positive friday after 3 days negative.
the candle charts confirm this too.

so where to from here ? 10 days average about 1.125, 20 days average
at 1.35 and 50 days at about 1.87

with nearly 1/2 the stock dividend traded sor far and it has been since dec 29th for most holders up to the 31st for some (all shares needed to be in accounts before years end for tax reasons i am sure of, could be a few more days and a test of 9/16 again.

but you must remember that was one trade that brought that price decline about and the rest was positive to hold trading even for the day and especially that day.

tommorw and the next few days will really tell.

good luck and happy trading>>>>> investools.com

ar.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News