3SOF

On vacation in lovely San Diego, but still checking in - Nice action early, still finished up 6% - Just saw that the last ECN went off at 2.78 - Gap up in the morning?

Just wondering what you guys are thinking about the action on this?

Still long at 2.90 -

KCS

If the market or MMs take it sideways through the day with a median PPS of 2.64, then we are in really good shape for an explosive uptrend.  The same holds true even if it retests 2.45 but not lower.

It will get ugly, unfortunately, if the PPS retraces to the lower trend line at around 2.25.

I favour options #1 and 2,  and think that some shorts who are anticipating #3 are going to get a nasty scalping. Especially considering that NYC is a hotbed of contracts ready to boil up -- in other words, an overnight PR on large contract news will see the stock running to new heights and the short traders are aware of it. Sooooo, two more trading days ought to paint the picture for us.

Rabid

Looks like we might see a head fake here that leaves the shorts hurting --

The money flow has been going up the last few days while the PPS made the recent bottom. Everyone might be asleep at the wheel here expecting the PPS to retrace to 2.42 or lower, when in fact, somebody with deep pockets has been placing a lot of masked buys.

I hope I'M RIGHT about this call, because I think we are seeing the last inverted shoulder forming right now -- if such is TRUE, then a breakout of the PPS over 2.70 sends her on the way! I'm posting this at approximately 2:53 Eastern.

Rabid

I sure hope it breaks out here sometime soon, but unfortunately this doesn't look quite like a head and shoulders reversal.

http://www.stockcharts.com/education/ChartAnalysis/headShouldersTop.html

The key word on in my last post was the word "inverted". 

I'm convinced this is what we have forming in the 60 day charts -- (an INVERTED head and shoulders) as should be anyone watching the painting of the tape at the close today! This pup is being milked of the weak hands now.

See the image of money flow indexes -- MF rising as the PPS was receding... yep! We're gonna ROCK! 

a 3% jump on Friday - allbeit on low volume, on a down market day?

I also suspect something is up, though I'm not sure.

I'll continue to hold......

here is a simple swing chart for synx,
notice the range of each swing down getting smaller. ready to turn skywards?
maxi

Those poor, poor little 100 share bids just somehow keep buying and buying... they must be worn out!  LoL!  -- (yeah - I'm being a wise ass!)

Check out this image.  Do you believe in the power of reflections?  The hall of mirrors?

  Rabid

Keep an eye on SYNX today. The stock ran up to $5 at the end of July on no news. Reported so-so earnings 8/11 and has since settled in the $2.60 area. HOWEVER, the gap on the runup has now been filled and I fully expect this stock to move up again. This is strictly a short term technical play as the Float is only 3.5 million with average volume over 500,000. All the best.
Irish

Genterra Investment company has been dumping a lot of shares (900K) and the stock has taken some hits, maybe it will start heading north now that Genterra is out

I got out @ $2.49. Nice discount 

I hate to get out so low now.  I held all the way down hoping for a spike and just watching it sink sink sink, stink stink stink and now it just seems pointless having held this long to give my shares up so cheaply.

I know how MM's love to drive us poor shareholders into the ground and force us to give up our shares so cheaply. 

You know it's time to buy when you see blood in the streets!  When everyone else is selling, it just might be time for buying. 

I'm certainly not too happy that some of you may have been routed with this rec...  One can't always forsee the machinations working behind the scenes, and the Genterra purge didn't allow the significant breakout I was anticipating with SYNX.

It looks like it just fishtailed into the "WAFFLE" pattern.... you know the one... it's that crosshatched grid left on one's face after they smack themselves soundly a few dozen times with a tennis racket! DoH! 

Anyway - appologies for a poorly timed call.  Still, in the long term, I can't see this stock receding back under $2.  It's been there, done that, and scooped out of it. I think it's uptrend time - I'm going to (hopefully) sweeten my position at 2.32 this morning. I know that goes against the better judgement and outlook of older wiser traders, but the bottom line is that I trust my TA, despite the afore mentioned Genterra debacle.

As always - do your "OWN" DD and know your own risks.

Regards, Rabid

There are some rumblings on the Yahoo board regarding SYNX getting the NY Subway CCTV contracts.

This is from the 10Q

QuoteThis order position reflects large orders for several subway complexes which will be deliverable over several years as the projects are released. While quotation activity is brisk, there is no assurance when orders will be received and whether the order position will increase. Due to the fact that the Company's transit products are sold and installed as part of larger mass transit construction projects, there is typically a delay between the booking of the contract and its revenue realization. The order position includes and the Company continues to bid on projects that might include significant subcontractor labor (electrical installation performed by others). The Company expects to be active in seeking orders where the Company would act as a prime contractor and be responsible for management of the project as well as electrical installation.

This may take a while to develop, but if accurate should provide a catalyst once the next order is released.

I'll continue to hold

This indeed would be nice if they landed any NY type of subway deal.

They just had a $450k order in TX which I thought to be a nice boost, the stock had temporarily gone up from that order, but if NY hits I think this could see the $5's + once again easily.  Especially if the contract is in the millions.