A review / thoughts regarding the past few days:
Post# of 1023
1.
Just as predicted, PPS is currently in the Ichimoku Cloud.
2.
Seeing it is in the cloud, we now have something easily visible to go off regarding where this new trend is taking us. The cloud is much more than just the red 'blob'. As mentioned in a previous post, the cloud is formed by two lines; one red and one green.
Notice Image One below.
Heres the link for people who cant see it on this page:
http://i.imgur.com/HqBbnRr.png
The grey arrows are pointing at Leading Span A (green line). This line is a visual aid. We want to see the line act as 'support' for the PPS. Regardless of whether or not the PPS goes down, the question is, will the PPS bounce off the green line and not go below it. If this happens, we have a very good indication of a trend change. The orange line is what I am hoping for; slow and stead side stepping in price until the 10-K comes out on or before March 30th. Of course, it doesn't matter if the PPS goes below the green line as long as the overall trend is to stay above it.
3.
Notice Image Two below.
Heres the link for people who cant see it on this page:
http://i.imgur.com/GAaNQb3.png
Notice for the first time since September 2015 (half a year ago), the cloud is showing signs of turning from red to green (green arrow). This is the second indication that a trend change may be occurring. Going back even further, we haven't seen the PPS increase along with a green cloud since April 2015; almost a year ago. This shows me that between April 2015 to today, the company was focused more on 'behind the scene' actions such as clinical trials, evaluations, FDA PMA approvals, and updating the WavSTAT4 software, than releasing 'fluff PR's. And the PPS reflects this. Investors got bored with the lack of news, and interest waivered. But now that there has been so much DD uncovered illustrating that SCIE has made progress in the past year (especially with regards to sales in Europe; I still hold the belief that the 10-K will show sale), interest has returned. We also have the acquisition of Oncoscope; SCIE wouldn't have bought them if they didn't already have a foundation to build from. We have a more clinical trials in the UK happening as we speak (read my previous posts for links).
4.
Notice in Image 1 the red arrow pointing at the William %R momentum indicator. Not mentioned very often in online forums, and although no indicator should be used alone, in conjunction with the Ichimoku Cloud, MA's etc, I concur with what the %R is showing us at present. Above the -20 line is overbought and below the -80 line is oversold (for the most part). As of this post, its a little below -20. Seeing the 10-K has not been released, we have not received a new PR since yesterday, and there is no new news online, it make sense that the current increase in buying is related more to excitement than to fundamentals. It is my hope that the %R will continue to decline to around -50 until the 10-K is released. I wouldn't want SCIE to be in an overbought state just prior to any possible good new. In conjunction with the Cloud, which shows the chart 26 days into the future, I am once again hoping the PPS levels off to around .001 - .002 until March 30th. Yes, it is great to read posts online such as, "SCIE to the moon", and "this is going to explode", and "what a gem", but in reality, these sayings are backed more by hope and pumping than any real substance. The charts continue to show me investors are waiting for the 10-K and, if everything works out according to how I want it to happen (not that I'm of any great importance; just how I wish things to play out), the PPS will remain in the cloud for the next 29 days, bounce off Leading Span A, and will sidestep until March 30th. From there, it's impossible to predict.
Things I'm interested to see in the 10K
# of outstanding shares
Sales (both domestic AND foreign)
Major customers
# of patents SCIE still holds (we have many until 2022 and by then the technology could be the standard)
# of employees. Has this changed since the acquisition?
Operating loss
Debt
More information into the actual acquisition
Any information regarding PENTAX Germany, UK, and Spain.
I'm not too interested in USA sales yet. We know SCIE is focused on the market in Europe first.
In all, I am content with the charts and the PPS when compared with the amount of information we know. The increase in volume is correctly correlated with the recent increase in PPS. I would have sold my entire position if we were at .002 but didn't have this volume because there would have been no reason for a PPS increase. Slow and steady is the name of my game. I would love to see an even distribution of red and green days. Even a drop into .0009 or .0008 would help reset the RSI to a more comfortable 30. So when we have red days (and we will), just remember no stock goes straight up. We must have red days in order to have a healthy chart.
SpectraSCIENCE Inc. (SCIE) Stock Research Links
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.