i have never seen a chart , with so many bullish indicators , so much room to grow , legit otc stock with an amazing share structure and many important catalysts .company actually , stating publicly the reason for the drop , and the moment they are done diluting , wich will serve for future assets. im seriously very high on this stock. and i barely like one for more than a day . i dont post my chart setup here but what you post is just a fraction of whats out there .
the RSI bullish divergence is amazing . this should have 40 million volume tuesday , and anything below .12 should be considered accumulation only .
i really hope peolple understand the extreme upside potential this has . and dont crap this before at least .20, more or less
DRIO
Exactly. DRIO
DRIO Stock Message Board http://investorshangout.com/LabStyle-Innovati...RIO-87707/
Wow, this company truly has some tremendous potential. Thanks for the great info!!!
Okay, now that makes perfect sense. I'm hoping to buy another 100K shares on Tuesday, which will bring my total to 200K shares. I'll gladly take a rise in the pps anywhere near a $1.00 in the near future. Thanks for the heads up! GLTA
What Blissedj said was correct but one thing that needs to be pointed out is that company sold a lot of those shares on the open market during that decline! They openly admitted of dilution so they can raise $ for operations and their hard launch! Now Company filed an 8k last fri the 22nd of Aug stating they have raised enough $ they are done diluting and selling shares on the open market! They drove it so far down and now the only thing to do is go up for the PPS! Their Market Cap is valued a lot higher than what we are now and we have some really BIG CATALYST coming up very quickly, the Hard launch of their Dario product for one which should be the first week of Sept! This is a winner right now! Company way undervalued have an excellent product, dilution is done, Catalyst upon us, chart and RSI are the best on the OTC, volume is huge and only getting stronger and last but not least you have a strong group of traders on this board that is only getter stronger day by day who work as a team! WIN WIN!
There's also a sticky up top the message board that explains everything! I'll be adding to my position on tues as well it would be dumb not to at these levels
DRIO
Well, the stock dropped because instead of there being around 25M shares there are now 75M shares. The stock was oversold and now to get back where it was would need to rebound to around .25. The previous all time high was around $3, so now to reach the same market cap as then the stock would be around $1/share. Still good money to be made but don't necessarily expect it to rebound back to the same levels because of all the extra shares. Would take lots of good news and revenue to do so, and that is also possible but probably not in a matter of weeks.
I'm new to this company, but I just bought 100K shares @ .09 yesterday. I'm looking to liquidate a real loser first thing Tuesday, and recoup my losses with this baby. I hope it doesn't move too quickly to give me a chance to get in, and hopefully buy another 100K shares under .10? I've done some research myself, but it's still not clear to me what actually made this stock drop so much?? Thanks ahead of time for your answer!
Nice chart Ripdog if that doesn't get someone excited I don't know what would! DRIO about to keep off the fall in a big way! If there's Big News this week this will break all resistance levels easily and move above .20's IMO! Volume is only going to get better and people from these levels should be holding longer support and I don't see anyone shorting this for awhile, perfect storm
Gonna be a long weekend
DRIO
Great write up, additional to all that: NHS will start insurance coverage to U.K residence beginning next week... It's an open public health system so every single person with diabetes in the U.K qualifies, aaaanndd cash flow starts!
This news on top of last week's performance should keep trading on the right path
You can say that again Boiler........look how much room we have to run with a absurdly low RSI!
DRIO will run for weeks bro!
Lol I told you man
Still not too late to get in. This is still an easy double from these levels.
Sweet chart>>>$$$$$$$$$$$$$$$$$$$$$$$
20SMA @.38
LMAO !!
$DRIO$
DRIO going big folks!!!!
My sentiments exactly Penny Speculator! Soon as I read about DRIO on 8/21, I immediately bought with no hesitation. Even their patented technology of monitoring using the phone jack can be utilized on so many different levels. I can see the cell phone as a mini doctor for monitoring health in the future. This is just the beginning of possibilities.
* * $DRIO Video Chart 8-29-14 * *
Link to Video - click here to watch the technical chart video
Hey bud! Good to see you and so many other familiar ihubbers here. This summer sucked and I'm ready to make some money!
DRIO Going to rock next week...