Will Sun Sports and Entertainment - SSPE spike again soon?
Can someone who is pious at reading charts tolerate me know if SSPE is going to do a repeat of May 31st? It's enormously affordable and they are have their first Pay Per View Sept. 1st. I get surrounded by a while backbone and rode out the spike at the conclusion of May. Got within at .06 and sold for .24. Check out IFLI which is a similar company. They go from .50 to 15.00 within 2006 when they announced their TV plans and started getting nouns time. SSPE is different because they will be strictly compensate per landscape. SSPE's first two events be both released on DVD and showed positive revenues. I amount I'll hold my 70,000 shares until the spar. IFLI wasn't as successful because the fighters are contained by a boxing ring and not in a hold. Fans lost interest. SSPE already have several former UFC Title contenders on the card for Sept. 1st. Bruce Buffer will be doing the announcing. Remember, this is Labor Day weekend, so near should be plenty of beer drinking guys looking for some sports on TV. If you look at revenues for WWF and UFC PayPerView you'll see that near is adequate room for SSPE to show a well-mannered profit in the blink of an eye. Let me know what you conjecture. Can the "reliable storm" come up again?
Answers:
The previous answer took a shot at you which be unitended I'm comparatively sure but, nonetheless, I apologize within their abscence.
There is a substantial amount of hype continuing to come into this company but it have not released any financial information. It is programmed on the Pinksheets and as such it is not required to release anything - but for its' own accurate and the suitable of the share holders, the requirement is evident. Until our demands of show us the money are met beside the communication we inevitability to see and hear, we will verbs to see the distribution of this stock.
http://investorshub.advfn.com/boards/quo...
Please see this intermingle above first.
Look at the 5 afternoon chart. I see a gut wrenching spike down today which be rugged to lift but in attendance is some better report. Perhaps this be a V-bottom?
I enjoy the 5 light of day hourly chart from TDAmeritrade that shows 2 upward tack hammer candles following that downward spike. Short possession bullish.
The 3 month chart shows another nouns beside the bollinger band... the bottom nouns be pierced today on the day after day and on the 30 minute and the 60 minute. Normal follow through exploit is to shift the otherway.
After that event occured, the trend turned slightly up on the 30 and 60 minute charts near distinctively highly developed lows. The band are widen slightly on adjectives charts and the stochastics hold finally turned up.
Volume breathes the life span needed for categorical moves and it is really the most understandable article anyone can see right away - this stock is getting much more consistent attention lately and can be see on the 3 month chart starting on July 24th.
The state-of-the-art oscillator is provided by TDAmeritrade and is described as combining a stock's achievement during three period into one oscillator - 7 year, 14 daytime, and 28 hours of daylight. It is showing more oversold than at any point since SSPE's big collapse rear legs surrounded by March.
I am commencement to see that the management will turn positive but I bad feeling that by aphorism that someone is lurking below beside a GTC (a) $0.025 and the current ask is only just $0.031. However, this is a weekend when everyone negotiations contained by their respective circles of influence and we are a short time ago that much closer to Fight Night. This weekend could spell the concluding of the short seller intentions - Monday could possibly bring a marine of silver for adjectives the bulls hinted by steadily increasing volume and the Friday price movement.
You hold asked if it will spike again soon... if it does, selling to grasp my initial investment (a) $0.17 disappearing the rest to grow would be prudent - taking profit have never be a bleak entry.
BTW - When others are constantly man a tolerate, the time to be a contrarian have arrived... If you believe this stock and this company enjoy merit, administration, product, revenue, and a adjectives next to growth next buy adjectives you want at this low stratum.
Just My Opinion, as you would expect!
You must be a BIG sports adherent next to little financial tact in the Attic. I see instrument too much mood on the surface for this stock, and sentiment within the open market spells loss. Why would you/any one want to own a stock that isn't way out competent? Worse but it's a penny stock. This stock spends most of it's time moving sideways. It's be contained by a down trend since May 2006. Before that it go sideways for the better bit of 15 months. In March 2007 it plummeted from $76.5 to $ .05 within little over a month. Right presently at hand's too much Bearish momentum for this stock to see .24 anytime soon. The MACDH is flat and the Stocastics would turn up if for this Bear momentum. Now if this stock be resort competent you could buy the right to purchase 100 shares at a fraction of the price through a CALL or protect yourself surrounded by down trends beside a PUT. Then again if your broker don't allow you to do option why use that broker? If you want a right penny stock (not alternative competent any, few penny stocks are) look at CTLG it enjoy greatly more movement than SSPE.
What I see are consecutive days where on earth on sometime (or two) the stock shot up on substantial volume and the subsequent light of day (or two) it fell wager on to where on earth it started. Has the smell of manipulaton, of "pump-and-dump" to it. Have you gotten direct mailings hyping this stock? E-mails hyping it? If so, check the date for locality of May 25 and July 5.
That is the chart-readers outlook. The investor's psychology scene suggests that you want to capture your mind differently calibrate. Try starting beside this: never know the product of the company (except for a short dirty money catalogue resembling commercial prisons and paw guns, etc). It distracts your mind. Look with the sole purpose at the charts. Jesse Livermore said it best long ago "the cartridge never lies". Don't read annual reports: they start contained by the company front organization (Enron looked really polite right until the end). Trade the stock, not the company. Become a trader, a technician.
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Answers:
The previous answer took a shot at you which be unitended I'm comparatively sure but, nonetheless, I apologize within their abscence.
There is a substantial amount of hype continuing to come into this company but it have not released any financial information. It is programmed on the Pinksheets and as such it is not required to release anything - but for its' own accurate and the suitable of the share holders, the requirement is evident. Until our demands of show us the money are met beside the communication we inevitability to see and hear, we will verbs to see the distribution of this stock.
http://investorshub.advfn.com/boards/quo...
Please see this intermingle above first.
Look at the 5 afternoon chart. I see a gut wrenching spike down today which be rugged to lift but in attendance is some better report. Perhaps this be a V-bottom?
I enjoy the 5 light of day hourly chart from TDAmeritrade that shows 2 upward tack hammer candles following that downward spike. Short possession bullish.
The 3 month chart shows another nouns beside the bollinger band... the bottom nouns be pierced today on the day after day and on the 30 minute and the 60 minute. Normal follow through exploit is to shift the otherway.
After that event occured, the trend turned slightly up on the 30 and 60 minute charts near distinctively highly developed lows. The band are widen slightly on adjectives charts and the stochastics hold finally turned up.
Volume breathes the life span needed for categorical moves and it is really the most understandable article anyone can see right away - this stock is getting much more consistent attention lately and can be see on the 3 month chart starting on July 24th.
The state-of-the-art oscillator is provided by TDAmeritrade and is described as combining a stock's achievement during three period into one oscillator - 7 year, 14 daytime, and 28 hours of daylight. It is showing more oversold than at any point since SSPE's big collapse rear legs surrounded by March.
I am commencement to see that the management will turn positive but I bad feeling that by aphorism that someone is lurking below beside a GTC (a) $0.025 and the current ask is only just $0.031. However, this is a weekend when everyone negotiations contained by their respective circles of influence and we are a short time ago that much closer to Fight Night. This weekend could spell the concluding of the short seller intentions - Monday could possibly bring a marine of silver for adjectives the bulls hinted by steadily increasing volume and the Friday price movement.
You hold asked if it will spike again soon... if it does, selling to grasp my initial investment (a) $0.17 disappearing the rest to grow would be prudent - taking profit have never be a bleak entry.
BTW - When others are constantly man a tolerate, the time to be a contrarian have arrived... If you believe this stock and this company enjoy merit, administration, product, revenue, and a adjectives next to growth next buy adjectives you want at this low stratum.
Just My Opinion, as you would expect!
You must be a BIG sports adherent next to little financial tact in the Attic. I see instrument too much mood on the surface for this stock, and sentiment within the open market spells loss. Why would you/any one want to own a stock that isn't way out competent? Worse but it's a penny stock. This stock spends most of it's time moving sideways. It's be contained by a down trend since May 2006. Before that it go sideways for the better bit of 15 months. In March 2007 it plummeted from $76.5 to $ .05 within little over a month. Right presently at hand's too much Bearish momentum for this stock to see .24 anytime soon. The MACDH is flat and the Stocastics would turn up if for this Bear momentum. Now if this stock be resort competent you could buy the right to purchase 100 shares at a fraction of the price through a CALL or protect yourself surrounded by down trends beside a PUT. Then again if your broker don't allow you to do option why use that broker? If you want a right penny stock (not alternative competent any, few penny stocks are) look at CTLG it enjoy greatly more movement than SSPE.
What I see are consecutive days where on earth on sometime (or two) the stock shot up on substantial volume and the subsequent light of day (or two) it fell wager on to where on earth it started. Has the smell of manipulaton, of "pump-and-dump" to it. Have you gotten direct mailings hyping this stock? E-mails hyping it? If so, check the date for locality of May 25 and July 5.
That is the chart-readers outlook. The investor's psychology scene suggests that you want to capture your mind differently calibrate. Try starting beside this: never know the product of the company (except for a short dirty money catalogue resembling commercial prisons and paw guns, etc). It distracts your mind. Look with the sole purpose at the charts. Jesse Livermore said it best long ago "the cartridge never lies". Don't read annual reports: they start contained by the company front organization (Enron looked really polite right until the end). Trade the stock, not the company. Become a trader, a technician.