3SOF

THis stock is interesting....had a great run off the bottom a few days back. Then had a couple of red days...then in the pm today the stock just ripped up again, but pulled back near eod...however closed up 60%...pretty

On the day of the big run a couple days it did hit the highest vol ever. So, is this stock in reversal...or can it also be considered in a possible g-pattern? Hmmm...we will see. If it breaks .0038, the g-spot, then this will be an official g-pattern breakout. It did come close today and hit a hod of .0036. Lets see if it will attempt it again soon.

Also had a a few n/r's lately, fuel to spark the fire

glta

julia

I have not seen a more beautiful chart than this one, as far as penny stocks go... we got a nice cup and handle over the past few months, and imo a solid base was put in at 0.0002 to 0.0003.  Then the past 10 days, volume has been relatively huge... and it looks like it is about to break out past 0.0003...

Plus they had a CC on Jan 25th, and although they have not released a PR about it, here are some notes on the CC from another reader. Plus you can see the huge volume of 100M that day, which imo means that SOMEBODY liked what they heard... If half of what they said in the CC is true, and they put out a PR to that effect, I don't see why this can't go up 500% or more.

Long 50M shares at 0.0003.

Warning: The following thread smacks of blatant pumping... (lol) but I didn't write it so don't shoot the messenger 

the key question will be if they put out a PR that includes the word "profitable" in it

http://www.hotstockmarket.com/forums/showthread.php?t=47235

**************************************************************
IMJX profitable net operating results for 2006! PR to be released soon!

--------------------------------------------------------------------------------

These are quick notes I took during the call yesterday:

Major accomplishments

US and international customer base
Enhanced website in February
Digital Imaging systems core competency
Iprint digital kiosk commercialization
Litepix digital signage commercialization
Establishment & key strategic partnerships
Investment banking agreements
IMJX publicly trading

Several announcements coming over the next few days, mentioned several times.

Financial results
2006 results 1.31 mil
Income Earning forecast
2007 revenues 10.19 mil
2008 revenues 35.12 mil
2009 revenues 70.20 mil
Key financial ratios, targets
They had a net operating result for 2006!

Stock valuation factors
Financial performance: plan to audit financials from now on.
Capitalization: 1.8 billion outstanding shares. 477 shareholders
Engaging with a new PR firm, they envision a very strong campaign
Profitable by Q2 2007
Summary
First of regularly scheduled (quarterly) shareholder conferences
Shareholder feedback welcome
Sharing results with the street
Enhanced IMJX website / shareholder section

IMPORTANT: SEVERAL PR's TO BE RELEASED OVER THE NEXT 60 DAYS

Just got off the phone with imjx... they said that while the CC was not archived online anywhere, they would be releasing snippets of it on the website next week...

We'll see...

Nice set up for next week... hopefully a PR will be released and this quadruples...


g

" have not seen a more beautiful chart than this one, as far as penny stocks go... we got a nice cup and handle over the past few months, and imo a solid base was put in at 0.0002 to 0.0003.  Then the past 10 days, volume has been relatively huge... and it looks like it is about to break out past 0.0003..."


gambler.....where do u see a cup and handle exactly?

thanks

julia

IMO the cup is formed from November to Jan 25th or so, and the handle is formed over the last 10 trading days or so...

It is hard to see because the trades are taking place at either 0.0001, 2, or 3, so you have to extrapolate what it would look like if this were trading at a higher value with more levels in between.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle

looks like we have many of the elements listed, but just lack the break out from 0.0003 (and as of friday the 0.0003 asks disappeared and was trading at 0.0003 by 0.0004)

Also, if you look at the chart, there is clearly a reversal of the down draft down to 0.0002 or 0.0001... and has started coming back up. In addition, the volume is significantly greater now, and was "bumping it's head" against 0.0003 for the past 10 trading days, with most of the trades at 0.0003, not 0.0002. Whenever I see this pattern (a stock rebounds (from 0.0002), bounces up against resistance (0.0003) and continues trading at that resistance (0.0003) with relatively high volume compared to previous trading months (yep) with most trades at the ask (yep, 0.0003) and continues this for a while (yep, a couple of weeks)) then in my mind, a breakout is imminent.

However, (and this is the best news), in addition to just this TA, the FA here is the kicker. Imagexpress had a conf call and their great news was not put into writing yet, and the CC was not available online anywhere. They said they would be putting out PR's/updating their website in the coming weeks, and you can bet if they put out a PR that included the words "profitability" and "2007" in the same sentence (As they apparently said in their CC on Jan 25th) then their stock explodes 500%.

Furthermore, if you look at their chart, all the significant buying started ON the 25th, which was the day of the CC. And has continued. This tells me that somebody liked what they heard, and gives me further confidence in my 50M shares at 0.0003.

Also, if you look at their past chart they have had these insane runups of 500% in a matter of a few days twice already, and they are "due" for one of those soon.

For all the abovementioned reasons, I am fairly confident (as confident as one can be in a micro-penny) of my buy.

g

One further comment... this is also trading above the 50 dma, and for a few days already... no trades below 0.0003... all were buys at the ask.

g

Nitpicky correction: In my post 2 posts prior I meant that you would have to "interpolate" the values in between, not "extrapolate"

http://www.m-w.com/dictionary/interpolate

"3 : to estimate values of (data or a function) between two known values
intransitive verb : to make insertions (as of estimated values)
"

Quote from: gambler2075 on February 10, 2007, 02:39:23 PM
Nitpicky correction: In my post 2 posts prior I meant that you would have to "interpolate" the values in between, not "extrapolate"

Hi gambler, 

Not sure if you're aware of this but you can go back and modify your original post.  Most bullboards don't have this feature but 3SOF uses the SMF program for postings that allows the originator to modify or delete their own postings.  I wish all boards used this system.  Just look at the top right hand corner of your posts and you will see the modify or remove buttons.  But they won't be there on other peoples posts.

Just thought you might be interested.

Quasi

GOLDEN CROSS IMMINENT