SWKJ.OB – is no longer valid. It has changed to SBDNE.OB

[Ramsburg]

Good afternoon!

SWKJ is developing a nice chart pattern... With a G-Pattern alert on this one, the stock is just waiting for confirmation (a close above $0.036 would be a great signal).

SWKJ has a support level near $0.012 (double bottom), and its chart shows that speculators love this buying level. Volume on the last sessions has been bigger then the first bottom, which could mean that movey is coming in on this level...

I got this stock on high alert inside my penny watch list.

Any thoughts ?

Best regards,

[J.Livermore]

Thanks for the call rams, SWKJ already on my watch list, I'm probably gonna buy it tomorrow, bellow $0.036 

[Stocksquire]

Really low float -- 4.61mil -- plus close to taking out the famous g spot makes this one worth watching.  I picked some up this afternoon after seeing your post Ramsburg -- thanks for sharing it.   

[Ramsburg]

Really low float -- 4.61mil -- plus close to taking out the famous g spot makes this one worth watching. I picked some up this afternoon after seeing your post Ramsburg -- thanks for sharing it.

Yep... 

there were 2 things that caught my attention:
- The chart
- The low float

Pretty much the same filtering process that led me to FCCN

Good luck to you !... I couldn't resist and bought a small position today, anyway, I'll only add to this position if the G-spot is done

best regards !

[Ramsburg]

It's not 100% confirmed yet... But it looks like we are goin on-fire here

[Stocksquire]

so far so good.  75 minutes into trading, and closing in on 3mil volume. according to Yahoo, the total float is only 4.1mil.

[Ramsburg]

Looks like the move is on the move  

[OhadOnFire]

What a run today!! 37% up!!!  

[yuyjust]

Let hope this one pop today big time .. look like it's ready .

[OhadOnFire]

Looks very bad today.
Going down with a low volume.

[Ramsburg]

Yesterday was a very strong day, but at the end of the session, SWKJ did not closed above the G-Spot, so technically the buy signal was not triggered yet.
Today we are watching a negative reaction, but with low volume, which is good on my opinion.

We can also spot a triangulation, with ascending support near $0.024... I don't think we'll watch this values but that's technically possible.

I'm holding the entire position, I'm not frustrated I've not sold yesterday above $0.40 because I'm not on this trade for a «small» 50% profit... I think we have a strong technical chart here, with a lot of potential...

I'm really used to wait on this kind of trade development, like I did on FCCN, where I even had a paper loss of more then 33% to watch 350% performance a few weeks later.
This position represents only 3% of my total equity, but I'm willing to add a little more, if this correction reaches the $0.024 price level (which I don't think so).

Basically, I'm looking to April's and June's speculative rides, comparing volumes and price behaviour... and the conclusions I can get on such a low float and tiny market cap company are pretty much the same I had before on FCCN. Yesterday's big volume bar, suggests that something is going on here... And I'm willing to pay just to see what's up

I guess a lot of people are nervous about this behaviour today... And I suggest that you only have a small position (like my 3% stake), the past showed me that's the best way of trading pennies, to have a lot of small position on a lot of strong patterns...
I don't mind to take several losses of 20% / 30%, if sometimes I get some 300% / 400% or who knows, a 10 bagger ? That's my strategy on pennies, and I'm very satisfied with the recent results

Best regards to all, and sorry for my terrible English

[Stocksquire]

After your FCCN, who am I to argue with you.    I actually rather like this chart too -- with the low float, this one could really move if some volume comes in.  I'm in and willing to take the risk.

[doyerdiligence]

i think some of the massive volume lately can be attributed to recent headlines

SiteWorks Building & Development Co., Announces it Expects Revenues from the Sale of its Chiefland Project to Increase Revenues over 2000 percent over last fiscal year
Tuesday July 19, 9:00 am ET
http://tinyurl.com/9luqc

[jaztile]

Hi Got this from another board SWKJ- Rumors of private group buying up shares from the retail for a push to .10

[doyerdiligence]