Looks like IDGI took a break from the recent move - I detailed a post HERE warning those koolaide drinkers of a probable black hole investment. It’s down nearly 50% since.

KYUS talk about volume really drying up - hope you all made it out on the momentum with a profit!

I will have more scans tonight! ROYL made a beautiful move today out of the open, and a great short opportunity. I don’t think theres much more upside over $10 but it can always squeeze… I’d watch for the correction back to the $8.50 level within the next day or two if it can’t break $10 again.

Never going broke taking a profit is what its all about. The move up was incredible on KYUS - but as always at some point gravity and shorts kick in and you’ll find yourself at a steep haircut off the highs - and this is what you DON’T want to be invovled in. As we saw Friday the battle began between long and shorts, the price had risen just a bit too much in the past weeks and a large correction was imminent. $4.10 had been the support from open Friday which had held all day except moving into close where it began its break down and broke through $4. Fortunately for shareholders ARCA decided to buy everything below $4 and hold it green for the day (more than likely hoping to get another day out of it on any stragglers (mailers) that hadn’t hit yet and may be looking to buy out of open Tuesday - because lets face it, who wants to buy a red stock. For some reason everyone loves chasing the green ones, and they know this. Today out of open the stock moved above $4 to a high of $4.19 - unable to break any higher the breakdown began and the stock took out $4. As you saw triggered everyone to sell immediately. BUT unfortunately you’re probably in one of four predicaments.

1.) You’ve set a limit sell at the bid price and you’re not getting filled
2.) You’ve set a market sell and you’ve even having trouble getting filled
3.) You’ve set a limit far below the bid price are having trouble getting filled

Unfortunately all of these together lead to one EXTREMELY tough sell.

Theres a chance you’re on your 50th modification to your limit order because you kept putting it at the best bid price to sell. Theres also a good chance you’re out but at 50 cents less than where you wanted to be. Long story short - this is a good story to show why greed kills. Sure there will be a physhological bounce point where everyone pulls up their technicals and decides $2.75 or $2.9 might be a good bounce back to $3.30-$3.50 but all in all, this is not going to $35 as the mailer stated. Once shorts cover they’ll help prop it up so they can get better prices to short a second time around and because of that we’ll see a nice bounce.

If you didn’t read my previous posts you can do so HERE and HERE (titled you can’t go broke taking a profit).

GTE had a nice correction after being unable to break $7 it went a lot lower than I thought - went to $5.05 I figured it would correct to $5.50-6 as mentioned HERE

KYUS had been getting toppy today at $4.33-4.34 I figured last night it would top at $4.25-$4.30, lets see how it does by holding through the lunch hour. You can read that HERE about my thoughts from last night. If this holds through the day it surely will squeeze into close. if it breaks under $4.10 however the masses will be selling.

MXC I think it’s going to consolidate around this level at $37-38, lose its volume and slowly sell off over the next few weeks but it will probably test $40 and squeeze over it if it breaks but I don’t anticipate the move to hold. It will just be another attempt for the big guys to lock in some good shorts at high prices before it returns back to reality. I wrote about it last night HERE.

AYSI breaking to new highs

PEIX getting crushed today watch for this to bottom around $4.25-$4.35 for reversal after the long weekend (Tuesday). It may test $5 and thats about it, I wouldn’t expect this to be a long more than just trading the bounce.

After the volume stops and interest leaves this will probably settle right back down, but while the interest is there, we might as well look for opportunities to trade. If $4.25 breaks down let it test $4.00 but I doubt it will go much lower than $4.30 today and Tuesday.

I mentioned the other day when RRPH was trading at $2.25 that it reminded me of RRPH and compared the two. I figured if it broke $2.00’s the stock would crater. Well sure enough, it did. It’s unbelievable that it took nearly two years to get where it was at 52 week highs and only 3 days to crumble. Take a look at the chart today.

It’s possible that it bounces off the .50 cent level but the volume isn’t enough to make me interested. I think its basically a dead duck as of now.

GTXO started to head back up again - started to consolidate a bit, if it can break $2.50 it may be worth it for a move towards $3 but until then, I’m not convinced.

KYUS I would expect a move out of the gate to about $4.25-$4.30 fast.. then a dip back if it holds $4 it may be recoverable but if it doesn’t it’all be a short/long battle back to $4 and if they can’t squeeze it over $4 again it’s going to get top heavy fast - so be careful.