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GLGS

Started by David Randolph, June 19, 2005, 06:36:50 PM

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DJ_Broker

Guys - it will rebound big today . It is now $1.48 and I really thing that it will rebound big time !!!

Pete

hope you are right. I am sweating here ;)

frank_mazda

Guys,
the 1.48 is due to bad feeling building up (Dave suggested to get out at 1.44 so many disciples here were ready to hit the sell button as soon as we got around 1.50-160
But if bad feeling becomes panic the stocks "vomits" all these weak disciples and their shares...

At this time, if you have BALLS, you collect shares and prepare to celebrate a few hours later...

stocky

Dave meant 'CLOSING PRICE' not intraday which he does not care, i assume.

netman

Is there any news coming from the company of a possible cancer therapy, (for CLL) ?

frank_mazda

you are right, but when it's money it's money and many people won't wait for the end of the day. They think they are smarter and they sell intraday...

I think they made a big mistake but we'll see.
If we take out the PANIC created by this I think this stock is worth at least 1.60-170 by end of the day (that is unchanged).

stocky

Dont know about any news but could be anticipated.

rocket88

my apoligies to the following for bringing this dead cat to the board. I sold at 1.42 :-[ :'(

calguy

looks like it ain't gonna fly.....cut losses is the best stradegy sometimes.

Melf Elf

Quote from: DJ_Broker on June 22, 2005, 10:40:04 AM
Guys - it will rebound big today . It is now $1.48 and I really thing that it will rebound big time !!!


On the 5 minute chart, it's put in a triple bottom at $1.42 at 10:30AM, 11:30AM and 12:20PM.  If it can take make a "higher high," and take out $1.55 this afternoon, I'd say you've got a good chance a rally.  A take out of 1.42 wouldn't look so good.

Currently 1.44 BID...1.45 ASK.  Fun to watch  ;)

frank_mazda

Believing or NOT

if we take away 2 HUGE panic sales (at 1.55 and 1.44 bottom)
(due to David wrong ANALYSIS. That created PANIC for NOTHING. News could push the stock over $2 already tomorrow...)

today's chart is actually BULLISH !

By the end of the day we should at least stay around $1.70


kosar_legolas

Agree this is a perfect moment to amaculete! The support at $1,41 is unbreakable.
And we are going to se news probly this week! The big guys know that and that's why i think we are way above $2 pretty soon.

http://quotes.barchart.com/texpert.asp?sym=OXGN&code=BTDY

Tecnical signals looks great!

Good Luck!

atalltexan

Quote from: kosar_legolas on June 22, 2005, 01:29:41 PM
Agree this is a perfect moment to amaculete! The support at $1,41 is unbreakable.
And we are going to se news probly this week! The big guys know that and that's why i think we are way above $2 pretty soon.

http://quotes.barchart.com/texpert.asp?sym=OXGN&code=BTDY

Tecnical signals looks great!

Good Luck!

Kosar, those are technicals for a different stock (OXGN).   Plug in the ones for GLGS.

kosar_legolas

Thank's alltexan! You are absolutly right! But as you can se this tecnical looks even better for glgs! Overall 88% buy!

http://www.tradingday.com/tbs.html?http://quotes.barchart.com/texpert.asp?sym=GLGS&code=BTDY

I think we will end up above $ 1,70-80 before the bell. All weak hands are shaked out by now.

stocky

GLGS do have support around 1.41, though resistance exists at 1.6. Any good news in coming days and you will find this baby shooting to 2.1 [the next resistance,:)]