3SOF

i think we witnessed a nice short squeeze today. as long as the volume traded is higher than the float LOCM will keep going up.

Looking to get back in LOCM Monday...but at what price...hmm.

Well...the steep 5-day trend is intact....but will it hold.

All day I was expecting LOCM to finish with a small red candle...since it opened at 11.95.  But I didn't expect that morning explosion (probably lots of short covering) to the upside above yesterday's high...and then come back down to leave a long wick on the small red candle.

If it can maintain that 5-day trend LOCM will probably really move up early next week.

If not...we'll I'll have to keep close watch on it.  Still lots of volume which is good.

Any updates on this one?  Is this a breakdown or a new buying opp??

sorry but i was lucky to sold out at 11.91 yesterday . 

LOCM getting close to the gap.  I don't like it...right now.  I've been watching for a reversal the past 2 days....and it just keeps going down.

I don't think it will close that gap...but it will probably hang down here for a while.  Obviously news could send this flying since it has such a low float.

Quote from: kslifka on July 10, 2007, 03:27:20 PM
LOCM getting close to the gap.  I don't like it...right now.  I've been watching for a reversal the past 2 days....and it just keeps going down.

I don't think it will close that gap...but it will probably hang down here for a while.  Obviously news could send this flying since it has such a low float.

Sorry...old chart

I usually don't do this....but I decided to buy a little LOCM after hours for bounce tomorrow.

The stock market was down huge today...and LOCM steadily went down.  It never had any real big downward spikes...thus keeping the 15 minute chart above {RSI} over-sold level.

Volume after hours was still very high...I will probably sell tomorrow...unless we get a nice white candle.

locm lookin decent for a bounce from 8.45, imo... in.

I like the fact that despite conversion of shares, which dropped the price from 13.5, it hasn't really fallen much more, and seems to be consol. at this point... plus with the big search engines running higher in pps, this should draw more interest to locm.

g

Goog rumors about buying redf should help the rumor of goog buying locm, imo... but we'll see.


http://www.hindustantimes.com/StoryPage/StoryPage.aspx?id=8b214346-2d70-42c8-b113-a9ac6da8f165&&Headline=Google%2c+Yahoo+may+be+eyeing+Rediff

Quote from: gambler2075 on July 15, 2007, 04:14:36 PM
locm lookin decent for a bounce from 8.45, imo... in.

I like the fact that despite conversion of shares, which dropped the price from 13.5, it hasn't really fallen much more, and seems to be consol. at this point... plus with the big search engines running higher in pps, this should draw more interest to locm.

g

out flat 8.50. called the bounce too early. shoulda woulda coulda

g

I dont think earning will be good... (IMO).....

unless someone buy them out then it will shoot up to the moon.......

If this drop to 5.5 i might pick up some shares......

6 bucks now....... Where is everyone?

this is too cheap now......... i remember i bought in at 10.97.........

when the stock dropped, you guys run off like a bitch.......

come back............

Quote from: godofstock on August 01, 2007, 06:31:10 PM
6 bucks now....... Where is everyone?

this is too cheap now......... i remember i bought in at 10.97.........

when the stock dropped, you guys run off like a bitch.......

come back............

Do you still own it from 10.97??  Ouch...

The chart broke down long ago.

But you're right...it does look over sold.  I wouldn't sell it now.  But I wouldn't buy it here either.  .
You know these low float stocks can shoot up in a hurry with good news. 

up 45% today on this

http://biz.yahoo.com/bw/071115/20071115005441.html?.v=1

another P&D.

Here is the chart.......
Getting a pop today on higher volume. Recent upgrade based on deal with Yahoo for continued search platform.


52wk Range: 3.05 - 13.74
Volume: 4,965,349
Avg Vol (3m): 800,068

Technicals
Gap Up
Percentage Gainer

Last Price Quote is:
21.82%above 13-day MA
-2.28%below 50-day MA
RS Rating: 35 

Fundamentals
Key Data:
Market Cap (M): $53.05 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 03/10/2008
Last Analyst Rating: Neutral