3SOF

Ended very strong. Should carry on into todays session. You need to buy if the move is bullish because this is easily hitting .15 cents with the right momentum. its currently being watch by a ton of people its seems because of the high volumes as of late. GL

News - New set-top acquisition already pays off almost $1 million. That is great new for the company that is highly undervalued even more now!!!

It was rough 10 cents before the new set-top box buy-out which currently it has generated an extra $900,000 already and no it still sits at 10 cents. Can anyone say price manipulation. Heres what I gather from the trading behavior. The MM's are not through purchasing  along with the other big boys because there seems to be heavy accumulation indicated by the MACD and their sneaking in slowly but also making sure they don't put the price up on themselves in which they shake the stock up a bit by placing sell pressures with the bid and ask. When they are done, this stock will surely double.

NIHK : Might be ready for bottom bounce play : JMO

 If this stock bounces it should be anytime.JMO
I do have a position and now playing the waiting game for bounce. Any kind of good news should push this up and volume increase will tell the story when it happens. I'll be watching it close in case it should turn south.
Goodluck trading

Nighthawk May Be Spreading Its Wings Soon...

Is one of those micro-cap stocks that can move up very quickly on light volume and fall very quickly on heavy volume.
Such was the case after the company addressed its record revenues and enhanced margins during 2008 and painted a powerful story for growth for 2009 and beyond.
Heading into the news, NIHK sold for $.02...
That $.02 mark is key. The stock hadn't budged from it since March 2, suggesting that $.02 might be a bottom and that falling below it would not be a good sign.

However, if investors take what Nighthawk Systems CEO H. Douglas Saathoff said to heart, the stock could gain momentum in a short period of time. A year ago in May, shares sold for .08.
That's all contingent upon Nighthawk delivering on its promises of a growing customer base, new products and better sales channels leading to growth in the second half of 2009.

Saathoff pointed to new relationships as the reason the company should be able to supplement existing order flow for set top boxes in the latter half of 2009.
With government spending for smart grid devices on the rise, demand should lead to growth in sales of power control devices in the latter part of 2009.

I know those are a lot of shoulds, ifs and buts. Until the numbers can speak for themselves, this stock is risky but promising. If you want to take a shot and hop in at what might be the bottom, go for it.

52wk Range: 0.015 - 0.074
Volume: 82,750
Avg Vol (3m): 190,043