ADOT

[DJF]

stockcharts.com/gallery?ADOT

DD as always,
DJF

[squidkid]

some interesting action today on adot

big tank but rode back up. Large volume compared to recent weeks

[DJF]

Its a modest volume capitulation - watch for 1-2 upside follow through, but beyond that it will have big supply issues. Bullish divergence in money flow is interesting.

stockcharts.com/gallery?ADOT

DD as always,
DJF

[squidkid]

I'll be watching

Hope you're right..I want this thing to stay low until I can scrape up some cash

[squidkid]

LoL..here I am again

Let's hope i don't get adot completely wrong again

Bought some today at 0.0017

One of my bottom feeders spec plays.
Anyone wanting to join me do your own DD. This is a pure gamble based on my charts, nothing else.

gl

[squidkid]

Hey Fallond. Any comments here on ADOT

Breakout today on some decent volume.
It may have found it's bottom.
Gotta break that 100ma next though right above

No news today but i did find a coulpe days back they let out a press release. Looks like they are filing a lawsuit against an insider of one of their subsidiaries..??
Check it out..probably some bs but it came out at an interesting time

cobrand.knobias.com/templates/aware/view/issuerservices.htm?site=IH&ticker=ADOT

[DJF]

Blast from the past here. Watch for a move to the 200-day moving average ($0.003) but it has *lots* of overhead supply.

stockcharts.com/gallery/?ADOT

DD as always,
DJF

[squidkid]

Interesting action of late
Keep an eye on this one

Double Bottomed at 0.0016 about a month apart
Volume is creeping into this stock and it's been acting volitile.
It's been interesting to watch on lvl 2
Some indicators on the daily chart have been crossing down, I believe this is some indicator whipsaw.
We'll find out if that bottom breaks.

Also, new people have come into the company for accounting and such.
Some weird action in the last few pr's but still relatively dead, not attracting attention
If this is a bottom then a pr blitz should start after a rally

This is a bottom feeder though so it has to be played accordingly

I have a position at 0.0017
Mental stop at 0.0016(bottom)

Bottom should be confirm by a break of the 100ma. This break will also confirm the double bottom chart pattern

[DJF]

Still a slow burn. A retest of $0.0011 is not out of the question - it will be intersting to see how your call plays out.

DD as always,
DJF

[squidkid]

Definitely

These bottom feeders can drive your patients lol but they are worth the risk/reward more often then not..so far anyways..we;ll see

gzfx is looking interesting again aswell..still have my position at 0.015..menttal stop if that low breaks

[squidkid]

LoL

Well so much for that double bottom
It painfully hit 0.0015 in the last half hour

The trouble with bottom feeding is they're easily manipulated and shook all over town.

I still have my position and think i'm going to ride it a bit longer..but i wouldn't be adding new money until a bottom is confirmed

bah!

We'll see how she blows lol

[squidkid]

Another note

The reason i play alot of these junk bottom feeders is because I believe US equities as a whole should have another leg up..the final one of this bull market

And therefore these plays will hopefully bottom and participate since they've all been just hammered

Most markets in general have been whipsawwing all over the place, shaking people out. But at the end of the day equities should have one last leg....the maind river IMO will be when/if the USD tests that bottom and recovers.

We'll see how it plays out

Any thoughts fallond?

ty

[DJF]

The markets have been stuck in limbo since Jan 2004. The Santa rally was an interesting diversion, but it didn't build into the rally we were all looking for. After the failed breakouts in the DOW and S&P in March I would remain skeptical on a big rally from here. Whether the bottom feeding stock can benefit remains to be seen - ADOT shouldn't have much room to move to the downside, but even samll falls at this stage can be costly on a % bassi.

stockcharts.com/gallery/?adot

DD as always,
DJF

[squidkid]

Hey Fallond

Here we are at 0.0011 (again)

Let's see if 2 year bottom holds
Overall tech markets and stocks seem to be bottoming..IMO

Adot still news silent

Should be interesting

btw..if you have a spot on your public charts would you consider adding adot the next time you update.
Only if this holds as bottom. If bottom fails don't even bother

ty

[squidkid]

Pivotal week for Adot IMO

Some very weird action.

0.0011 bottom broke down a tick to 0.0010
But there was 2nd manufactured bottom at 0.0001 on friday.
(this could simply be an error)

The 1st manufactured 0.0001 bottom was the second week in October. Prices were higher so a similar mistake wouldn't have happened by just a mis placed number

The candlestick last week, because of that bottom, turned into a hammer.

Volume action has been increasing

I'm looking on a 1 year weekly chart with 20,50,100 ma's

(with bigcharts..i mention this because some of the indicator settings are different then stockcharts)

The macd is pressed right against the trigger line resistance
RSI is at a multi year low going back to '99

News wise.
Adot let out a filing friday that their earnings will be late.
Generally, i'd assume this was a rough quatre.
This is where i look for the oppurtunity

It's a straight gamble.
Either Adot is broke and going to 0.0001, and the volume of late was just mm's dumping out the remaining inventory..
(although there was no pump, it was news silent, just technical moves)

Or adot's bad news should be behind it. A bottom
And the volume is what I see, accumulation
For what i think will be a final pump rally/spike)

This week will tell

The 20ma has to be breached on volume.
Confirmation would be a break of the 50ma leading to a target of the 100ma.

I still feel equity markets are bottoming here and will have their final pump/spike of the bull from '02

Also old pr's suggest spring would be when news about their products would come out..with a target of them being ready by fall.
Are they market timing the end of the bull?

We'll see

Please no one follow me here. This is simply an educational speculation on my bottom feeding.
I have a position at 0.0018 averaged.
I just jumped the gun a little I hope ;o)

Peace