Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Oclaro, Inc. (Avanex-Bookham) -- Ignore unavailable to you. Want to Upgrade?

To: xgin who wrote (2105)	3/10/2006 12:43:04 AM
From: Hawkmoon	Respond to of 2293

Hope you don't mind, but I'm going to borrow your post along with the link for your bollinger chart for Yahoo. I think it contains good insight. TIA No problem!! I would hang out over there, but there's too much "bandwidth noise".. Reading Yahoo messages is like digging for diamonds in the dirt. A few, such as the ones I posted here, are tremendously helpful. But most just make me shake my head. That's why I stay here on SI. Better community, although not nearly as active as it once was in the late '90s, but much better quality of posts, on average. Let's hope my charts are accurate in indicating that the mmkrs were under instructions to cap a lid on the price until their "preferred clients" are filled.. Personally, I think it reeks of manipulation.. I know no mmkr would cap a stock so I could get into a position.. Hawk

To: xgin who wrote (2105)	3/10/2006 1:08:19 AM
From: Hawkmoon	Read Replies (2) \| Respond to of 2293

Stuart, It appears that the chart I posted didn't translate properly to Yahoo. None of the Bigchart indicators were included in that link. Try these, if you want to repost. You might need to copy/paste the link separate from the entire post to make it work: bigcharts.marketwatch.com bigcharts.marketwatch.com There is a chance it could get sloppy tomorrow since that pinch seemed to be spoiled by the mmkr manipulation. However, we have some support on those moving averages on the hourly chart. But we need some more upside in order to bring the daily Moving Averages up the $2/share level, which is effectively the bottom of this stock (minus serious manipulation).. I read this BS over on Yahoo about Reverse Splits, Dilution, and massive dumping by the private investors. I certainly don't see a reverse split.. You just don't something like that when you've just sold 24 million shares of stock @ $2/share. It would be corporate suicide, IMO and would sour the possibility of future investment opportunities. Dilution? Hell, an offering at 20% discount to the close of trading on a day the stock was soaring and possibly to pre-parabolic levels? Dumping shares? It seems to me that if Jo Major sold shares there were intended to be immediately dumped back into the market, he could have held out for more money.. It's possible, but unlikely.. I think that any private investor who bought this stock is looking for at least 50-100% returns before he decides to dump and that would be when the stock approaches $3/share (given it would take serious volume to distribute that much stock).. Furthermore, they are warrants they want to cash in at some price in the future. So they obviously want the stock to climb even higher so that they can sell at $4/share and excercize their warrants at $2.73/share. Hawk