The chart suggests a weakening support zone. Look for some serious dumpage if the dividend falls through. Possible dead cat bounce trade. Trade smart!
Tuesday, August 18, 2015
$CRGP drops another 17.4%. Where's the divy?
$CRGP shareholders are waiting for a strangely generous "dividend" to appear in their accounts any day now. Where the company will come up with enough cash to pay it out is a mystery. I'm guessing there will be some excuse made, but who knows. Best of luck to those still holding bags.
Thursday, August 13, 2015
$DNRG stalls out before a CC, -9.9% today
$DNRG ran out of gas leading up to an after hours CC. Seems like there wasn't a lot of news in the call, most of which has already been priced in.
Tuesday, August 4, 2015
$EVTI loses again, -34.5%
$EVTI put in a new 52-week low today at 0.0018. Looks like support at this level is nil. Expecting lower lows this week.
Friday, July 24, 2015
$EVTI shareholders lose again, -33%
$EVTI closes out another week of loses. In less than two months longs have lost over 90% in share prices, with no support in sight. I foresee this one hitting the "triple 0's" soon.
Thursday, July 16, 2015
Wednesday, July 15, 2015
Thursday, July 9, 2015
$PVSP shares slam the bid, -20%
$PVSP had another high volume day of bid whacks. Looks like the pump n' dump will wind up the week very red. Welcome to the Bagholder's Club. :-(
Tuesday, July 7, 2015
Tuesday, June 30, 2015
$AXMM is taking longs straight to Hell, -46.6%
Another day of deep red for longs of $AXMM. The selling never seems to end and no support levels in sight. I'd stay way from this falling knife.
Friday, June 26, 2015
$DNRG shares rain on the bulls, -46%
Shares of $DNRG enjoyed a euphoric run this week, but closed with a long red candle today. Pump and dump? Healthy pull-back? Who knows. Cast your votes and tune in for the open on Monday.
Monday, June 22, 2015
Tuesday, June 16, 2015
$AAVL buries longs, -56.2%
Too easy to make a pun on this one... Shares of Avalanche Biotechnologies, Inc couldn't bear the weight of disappointing news. Shovels please!
Monday, June 15, 2015
Friday, June 12, 2015
Thursday, June 11, 2015
$NUGN, classic stairstep trap dropped today, -39%
This "stairstep" candle pattern is a classic one, usually leading Bulls to get caught in a dump. At least one message board poster was nearly spot-on in calling it:
Wednesday, June 10, 2015
$MJMJ shareholders get dazed and confused, -42%
Shares of $MJMJ got smoked today in heavy volume of 219M shares traded. Seems that the high from yesterday's run caught a lot of new bagholders? Only time will tell.
Friday, June 5, 2015
Thursday, June 4, 2015
Tuesday, June 2, 2015
$KHGT shares get wrecked for a second day
$KHGT crushes shareholders for a second day in a row. Strangely this stock hit both a 52-week high and low in only two days. Seems that the run up yesterday could have been a trap for hungry bulls, which were then force fed a surplus of shares in an effort to "average down".
An upcoming reverse split will likely add additional pain. Shareholders will likely have to choose between going long (being a bagholder) or taking a haircut before the new shares are free for selling. :-(
Tuesday, May 26, 2015
Wednesday, May 20, 2015
Tuesday, May 19, 2015
Thursday, May 14, 2015
Tuesday, May 12, 2015
Monday, May 11, 2015
Thursday, May 7, 2015
Wednesday, May 6, 2015
Tuesday, April 21, 2015
Monday, April 20, 2015
Thursday, April 16, 2015
$PAL nosedives and gets halted, -48%
$PAL hit the bid again today right from the opening bell. Trading was halted an hour later and will resume tomorrow. I'm guessing more shares will hit the bid at the open as panic continues.
Thursday, April 9, 2015
$ZNGA shares got blasted today, -17.6
Looks like shareholders weren't so keen on the change in leadership. This might be a buying opportunity when the dust settles.
Wednesday, April 8, 2015
Thursday, April 2, 2015
Monday, March 30, 2015
Tuesday, March 24, 2015
Monday, March 23, 2015
$AXMM shares unloaded, -45.6% today
We've all seen these before. Candlestick pattern with daily incremental gains which eventually give way to a huge dump. Look out below! :-(
Friday, March 20, 2015
$EVTI PPS drops by 50% today
This one took a decent hit during the afternoon. Looks like someone had a million shares or so that they wanted to get rid of at a discount.
Thursday, March 12, 2015
Wednesday, March 11, 2015
Friday, March 6, 2015
$ECIG longs get burned again, $25.3
Looks like the stock has run out of buyers and/or insiders are cashing out. Critical support at .10 was broken on high volume, suggesting more downside is ahead. I'm taking this one off of my list for now.
Wednesday, March 4, 2015
Tuesday, February 24, 2015
Monday, February 23, 2015
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