Penny Stock List for November 9, 2007
OTCBB Stocks – ADBN CIRC COPI CYBL CYTV GSPG GTEC GXPI IHGR INPC ITRO MMGP MSTF MYST ONGO PTSC SWVC URXE
Pink Sheet Stocks – GMSC
Today only INPC is important.
Dr PennyStock
November 9th, 2007
Dr PennyStock Penny Stock List for November 9, 2007
OTCBB Stocks – ADBN CIRC COPI CYBL CYTV GSPG GTEC GXPI IHGR INPC ITRO MMGP MSTF MYST ONGO PTSC SWVC URXE
Pink Sheet Stocks – GMSC
Today only INPC is important.
Dr PennyStock
Intraday support at 0.0402, must be tested again.
It’s testing now the support from yesterday as resistance, a break of 0.060 to the up side will be a buy signal.
Gave buy signal.
Too much volatility, very dangerous to trade.
Need to stabilize the price.
isnt volatility good for us??? might make the price go up…????
WWAT any thoughts doc??? thanks
Omar
Yes is good, I just told that it is dangerous to daytraders and to average down, as Tyler sugested yesterday, but, I will not buy any, I will just wait to the best price possible to sell.
Now is better, looks like it is stabilized above 0.060, good to us.
WWAT – See my comment to Mary in the new list.
INPC – For the first time, made intraday resistance at 0.060, this mark will be important to the short-term of the stock.
Hi Dr. Can I ask where you think the dow will bottom?
Do you know the ticker?
DJIA is dow jones industrial average.
Should I just dump INPC at 0.069 or wait for 0.10+?
Ydrone
This is just the beginning, I saw a few strong sells, but, the stock is showing strongness.
Hold.
I saw $DJA to the composite and $INDU to the industrial on stockcharts.com, it’s not correct?
Mary
I already found, it’s the $INDU, it’s now at 13128.
In a brief analysis, has support at 12795; 12517 and 11936, has broken an important support line and in a medium term will fall to 11900, more or less, time frame, maybe in 3 or 4 months.
as a sidenote:
i was watching DOW industrial average, too. its all the opposite of a pennystock but it showed HUGE support at MA200 2 months ago and yesterday started to look dangerous and today broke it for first time in 1.5years!
it may be the signal of continous downtrend of BIGBOARD stocks
Tommy
I posted a comment for you about your two comments, see the other post, please.
i saw it, but i forgot it unfortunately
i think it was about SWVC and lowtrade (of ihub) saying it formed a doubletop, not sure about this part of TA so wanted to hear your opinion.
IMO, the tradingrange between Ma 50 and 200 is getting interesting now! its 1 cent on monday which could turn out in 30% profits if you got the points right at the MAs for buying/selling
what do you think?
Doc, what you think about PBLS?
Nole………I bought pbls awhile ago and did fine but I now believe it it a scam. Just my opinion. good luck!
Doc… SRSR?
Word has it that it will continue to explode
Dr. P,
I think you moved too suddenly on INPC. The techs still haven’t shown me a buy, yet.
http://stockcharts.com/h-sc/ui?s=INPC&p=D&yr=0&mn=3&dy=0&id=p69090147882
In addition, the stock is heavily shorted. Shorts account for 31% of the float, but that’s down 16% from where shorts were. The stock will move when shorts have to cover, though. So, it might get explosive at some point… just not yet. I’ll wait for %K to cross %D and for RSI to move up toward 30+ on better (I hope) volume. At the very least, I’ll wait until the techs show some improvement. They’re quite ugly at this point.
Dr,
SWVC
after watching it since “we” sold it, i came to the conclusion that it may be worth a little flip. the MAs showed reaction everytime the PPS hit them. since golden cross of MA200 and MA50 SWVC traded in a tight range between them. now the range is about 30% seen from MA200. dont you think it might be a nice little flip for 30% profit by buying at MA200 and selling at MA50. it would have worked out everytime since GC, whats your opinion?
thanks
Hi Dr. Do you think swvc will be a buy very soon?.018,.016 Thanks very much.
Hello, Doc???
doc whats the deal with INPC ?
Tommy
I saw the chart of lowtrade, he talked about the possibility of a double bottom at 0.018, but, what I see is a double top at 0.028.
This just confirm my analysis, the stock will begin a down trend.
The trading range between the both MA’s finished today, the stock just broken the MA200 and will fall.
I will not trade this stock now, I already told my opinion, 0.007 – 0.0065 will support the stock soon.
Nole
PBLS and SRSR are pink sheet stocks.
Evan
I’ve not bought INPC at these levels, I bought much higher when the stock gave a buy signal after the fall to 0.40, I was surprised by the BK filing.
The stock try to stabilize and I agree, no buy signal for now.
I expect some strong rebound to sell as higher as possible.
Dr.
thanks for your answer. you say:
“The trading range between the both MA’s finished today, the stock just broken the MA200 and will fall.”
SWVC broke through MA200 intraday 4 times since one month ago and closed slightly below it 1 time. but it always went back up on it. don´t you think this pattern is going to repeat again?
(would be 6th time in 3 weeks that it touches MA50 after touching MA200!) looks probable to me, but you are the profesionall
Mary
I think the stock will support again at 0.007 – 0.0065, that is what I believe, let’s see what the market will do.
Thanks,Dr. wow support at.007-.0065.Will it be a trade again? A lot of people are really hurting. Do you think inpc will ever see.15?
Tyler
We need to wait a few days, the stock needs to stabilize the price, the volume today decreased, comparing with Friday, has not broken the low of Friday at 0.0402, remember, I said that this low must be retested, just hold, I think after the panic the stock will have some kind of rebound to cut the losses.
Tommy
I can be wrong, but, IMO, the stock will break the 0.018 support tomorrow and the MA200 will be again resistance.
The double top at 0.028 was a strong signal, another one.
The pattern will not repeat again, IMO.
Mary
At 0.007 will be a trade again.
INPC – I don’t know if it will be 0.15 or higher, I believe in a rebound, the target, with a stock in this situation, it’s difficult to say.
thanks dr
dr,
if you dont post a new daily list can we assume you dont have any interesting stocks for the day or just the old ones?
just observing the markets right now
Tommy
If I don’t post a new list is because the list is exactly the same, no new interesting stocks to put in the list.
Dr
1.
congratulations on SWVC prediction, good thing i listened to you and not to my standard “MA” theory! this shows me you got the entire “picture” of the chart and TA while i as a beginner see more the small picture
2.
you are still holding copi? think you said you bought at 0.008, congratulations on it, too!!
3.
these facts show me it is a good decission to at least try your paid service
good night
Tommy
1 – Thanks, was more or less as you say, big picture versus small picture.
2 – Yes, still holding and very happy, yes, bought at 0.008, thanks.
3 – I agree :clap_tb:
Good night Tommy
Dr. P,
I saw the double-top on SWVC and the stock’s reluctance to push through it. Didn’t bode well for me. Out at .0245. Small loss on this trade cycle but still made gains getting in and out on this one. I admit I was wrong on this one. That’s not hard for me to do, but I don’t like bleeding even small amounts of money. I’ll look to get back in when it looks like a true bottom feeder.
On INPC, I would be stunned to see it drop much further. I moved it to my active watch list. Techs can’t go much lower.