Forg

[TheChartGuru]

Way oversold. Looking for a big bounce this week

The Guru has spoken

[TheChartGuru]

getting ready to load the boat, currently at .59


The Guru has spoken

[stockviper]

Wow...that one really is oversold. Looked at the chart and it dropped from 1.50 to .59 and looking at the news they have 30 patent infringement suits pending.

[TheChartGuru]

I love beat up stocks like this one. They usually have a big bounce. I trade strictly on charts. I don't care about fundies, lawsuits, accounting irregularities, or wild office parties. I'm looking for a hold above .61 to enter today, if not I'll wait for tommorrow. I don't encourage any one to buy FORG unless they know how to trade stocks like this one. AIRN is another one that will bounce big soon.

The Guru has spoken

[bahroor]

I don't encourage any one to buy FORG unless they know how to trade stocks like this one.
Guru, care to elaborate some more please?
You think this one's a very short hold(ie.hours/or a day)?

[TheChartGuru]

The lower FORG goes, the bigger the bounce. It is just simply an over sold stock. All my indicators are dragging through hot asphalt. It's just a matter of FORG breaking higher of the previous day's close. Today it flirted with .61 but no go. Now the target is a close a bove .59. Don't force a trade. Let it come to you. Mad Girl alerted MBAY to me today. She usually likes stock that go down so she didn't buy it to make a profit. But see the bounce today after a long decline. BCGI, HILL, LOUD...all went up sooner or later. It's just the proper entry that counts.

The Guru has spoken

[bahroor]

Guru, you think this one's a buy if it gaps up Monday @ open?

[Mad Girl Investor]

^*$#^&*@#&@%#@%#&*% Guru!

Im gonna beat you up some day..I do love stocks that go down, as long as I get in em before they pop. Like BCGI..why I got in that one early...toooooo early...but now its reversing. I shall make $$ to be sure.

Uh, and CBAY,,,mama made some nice $$ off that bottom. Currently, Im in CLBE, which is coming up off the bottom. Green is good.

[TheChartGuru]

Guru, you think this one's a buy if it gaps up Monday @ open?


I'm looking to buy FORG as soon as it goes above yesterday's high and holds for at least 15 minutes. I don't like to trade before 10 am. I like for stocks to settle down and watch for a pull back if they take off. I expect FORG to jump big this week.

The Guru has spoken

[stockviper]

Looks like support forming around .50.

[Katibel]

I've got my eye on it.

Cheers,
Kati

[englishman26]

I'm taking a risk here at 0.46 because i really like the look of that chart. In we go!

[mlegha1]

I am in too ....lets keep our fingures crossed hoping for a Guru miracle like GNLB...

[mlegha1]

and it starts moving down...Gr8

[Katibel]

I think I am gonna wait just a litttttttttttttttttttttttttttttttttle bit longer.

Cheers,
Kati

[InvestingMoron]

I got in at .44 and I think I'm gonna be alright with this one.

[aiki14]

I'm in for a taste @ .44

[Katibel]

I am carefully considering going in at .50


Cheeers,
Kati

[TheChartGuru]

FORG has yet to hold above a previous day high. That is the signal to buy it. I'm still waiting. I think it will be another GNLB but remember that GNLB went lower before the BIG bounce. Patience fellow grass hopers

The Guru has spoken

[bahroor]

the only green on my list. LOL

stay green! stay green! stay green!

[Katibel]

I'm not in yet. I just don't want to buy now and have it drop more and have an even LONGER wait to rise and sell.

Cheers,
Kati

[Katibel]

Well..........At today's close we might at least be breaking that little trend of closing lower than the day before.

[aiki14]

I like the fact that this held pretty well in the face of a tough market. Maybe we get a half a buck monday or tues.

[TheChartGuru]

FORG is looking good. It is oversold on the weekly chart and the daily indicators are improving, even the hourly chart is improving. You may want to throw the oars, life jackets and gasoline tank over board to make more room in your boat. ;)

Don't jump in the stock too soon. Let it come to you not you to it. Wait for a break above today's high, ala XSNX.

The Guru has spoken

[bahroor]

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

pop already!!

[englishman26]

She is definitely ready!! Tomorrow is the day, I think! I'm hoping for a 3 day move into that gap. Could go big then! Probably need a bit of a naz rally to get it going.

[TheChartGuru]

Yup, FORG is now touching the ema(5) from below. This is a very safe price to get in with a stop loss at .37. Watch it today, if you need to go to the rest room, do so before 9:30am or after 4PM and have your lunch by your keyboard :)

The Guru has spoken

[soundlanguage]

This tough cookie is holding steady & in the green compared to everything else on my watch list. Good sign all in all, volume not great but she's trying to lift. Might see some minor rally later in the week, but sooner than later would be best. I've been in this probably slightly longer than most of y'all having gotten in a tad early but i'm pretty damn patient so... it's a waiting game. My intention was a quick flip but reality stepped in. (grumble)

Thinking aloud about this market/geo political situation:

Since mid-east politcs is squashing any overall Nasd rally so far, i'm curious about the fact there's still little attempt at dialogue. Must be hurting everyone's portfolios including the political decision makers (domestic & foreign) unless this manipulation only serves to present an extended artificial buying opportinity for the wealthy who also have extra cash to do so. Not to say this is crisis was created for this sole purpose, but it's painfully obvious regardless of the cause that what civilians consider terrible market news, savvy investors see gold. Those who sell now, lose out and those who by low and hold benefit greatly in the mid-to-long term.

The rich get richer .... this is one way they do it.

[Katibel]

....still waiting.

[englishman26]

This was positive all day and finished strong. Tomorrow should be a great day for FORG. Hopefully a mini-Naz rally can give her a 3 day push.

Trying to do a C.Guru, it's crossed the EMA 5, at 0.44, so nice and safe and that's a very bullish signal too. MACD is about to cross. DMI still doesn't look good but this is often a slightly lagging indicator as it truely shows momentum.

MA10 at 0.48 will be the first resistance tomorrow. MA20 is all the way up at 0.81-ish so that's my target! Good luck tomorrow.

Buy, buy, buy!!

Ok CG - cut down my anal-sys!

[TheChartGuru]

This was positive all day and finished strong. Tomorrow should be a great day for FORG. Hopefully a mini-Naz rally can give her a 3 day push.

Trying to do a C.Guru, it's crossed the EMA 5, at 0.44, so nice and safe and that's a very bullish signal too. MACD is about to cross. DMI still doesn't look good but this is often a slightly lagging indicator as it truely shows momentum.

MA10 at 0.48 will be the first resistance tomorrow. MA20 is all the way up at 0.81-ish so that's my target! Good luck tomorrow.

Buy, buy, buy!!

Ok CG - cut down my anal-sys!


Yes, very good analysis. I don't use DMI because it lags really bad. I prefer moving averages, especially short term MAs like the EMA(5) and EMA(10) crossover and also watch for a SS(5,3) crossover with an improving RSI(7) and load the boat. Simple. Forget about how the market is performing as a whole. For get about global wars. Forget about oil going to $200 a barrel. Forget about the caterpilars that are eating your roses. Just go bottom fishing and play the bounce for at least a 10% pop. That's it. Stocks go up and down in any market. I had BCON and RTK on my watch list today and look at what those little suckers did today.

The Guru has spoken

[englishman26]

Scottrade will only give me SS 10 and RSI 14. Look crossed and positive though!

[TheChartGuru]

Go to Prophet.net. It is free with tons of indicators

The Guru has spoken

[Mad Girl Investor]

Listen to Guru...he knows what he'a tawkin' bout.

Taught him everything he knows. Good student.

[TheChartGuru]

Are you Boyahoooo pretending to be Mad Girl?

The Guru has spoken

[Mad Girl Investor]

wowza..now what do ya thank I might be the mighty BoooooooooooooooYahoooooooo? Cus ya's thanking how dilly dang smart I be? Wellll, shoot, mah handome lil pallie....ya just never knows who I might be taday, eh?

[TheChartGuru]

Booyahoooooo, welcome back buddy. NIce avatar. Looks like Mad Girl's avatar, 'cept her dress is pink I think and her face is much scarier

The Guru has spoken

[englishman26]

What a disappointment this baby was today. Oh well. I'll engage the patience drive - even though it's engine is pretty much tapped out on BSLM, GRSR, and HHBR!

[InvestingMoron]

FORG not doing much of anything lately. You guys know something I don't?

[bahroor]

i was trying to bail out @ .42 today but never happened. :mad:

[TheChartGuru]

FORG will take off when the 5-minute EMA(13) crosses above the 5-minute ema(150). It took AIRN some time to move, but so far it is up 17% since the ema(13)/ema(150) crossover 2 days ago. Patience Grasshopper

The Guru has spoken

[bahroor]

anyone still holdin?

[mlegha1]

Yes still holding on...

[soundlanguage]

Holding & waiting. And waiting waiting ZZZzzzz....

Maybe a matter of weeks-not days with this bugger, so i've adjusted to getting
comfortable with it, hangin' on with one hand and readin' the paper with the other.

Thankfully my other positions are slightly more exciting since they're actually
moving! (mostly up but very s l o w l y ) Good old summer action, like watching
paint peel. lol

[englishman26]

Me too! :(

[manowarfan1]

Me too :( Was hoping this was gonna give me a quick turnaround like BCGI - but still holding - bought at .42 - down to .36 today - dont wanna give up those pennies so I will stick it out and pray harder :)

[soundlanguage]

Edging down, jebus. Old story of "wish id gotten in at this price before". Makes me think why not just throw more coin into it, ive been patient so far, another week or so is nothing.

Playing the same game with CBAY but i knew that's be a long hold. Once these do their run it'll be warmly welcomed. Summer is so pokey, I'm looking forward to new money to perk things up in Sept/Oct!

Instead of prayer i rely on a different god, in western society known as *strong Iced Coffee* : )

[TheChartGuru]

FORG has not yet given any signal for a buy. Although it is oversold, it may continue to go lower. Do not average down. Like I said in the beginning of this post, buy it on the BREAK OUT. Wait for it to trade above the previous day high. So far FORG hasn't done none of that. In contrast, look at THLD finally moving higher. Yesterday's high was $1.50. THLD could have been bought at $1.51, currently it is at $1.56. Wait for the stock to come to you, not you to it.

The Guru has spoken

[Katibel]

...waiting for it to come to me. I haven't gone in yet. Best of luck to all who did.

Cheers,
Kati

[chazutx]

I'm waiting to pull the trigger on this one. I think it's way oversold and due for a run up soon.

[bahroor]

check her out!!!!!!

[Katibel]

I see it! I'm in....Here we gooooooooooooooo. Yay. we have all been so patient. I was going to wait til Monday but at 3:20, I couldnt wait anymore!!!!!

[manowarfan1]

Go baby go - now how high will she go? Should I take the 10-15 cents and boogie or will this one pick up again on Monday.? Inquiring minds want to know :)

jeff

[bahroor]

sold @ .45

bought again @ .48

GL all... The Guru will be with you all shortly.

[englishman26]

Jeez - just returned from the same vietnamese restuarant i was at when BCGI went up 100% last week, to find a 30% pop in FORG. Why?? Purely technical perhaps, but if so, should we be waiting for more on monday or was that it? (It kind of looks so.)

[manowarfan1]

Cmon - hav a little optomism - especially because I decided to stay in over the weekend. Normally fridays are kind of drab with everyone taking their profits and going home - this friday felt a little differnt - i think (read: hope) there is still a little bit of room before we hit our heads on the ceililng, jmO (again read: hope).

Jeff

[mlegha1]

I hope this is not it cos I missed the whole pop didn't check the Quote all day should have sold it didn't get to it...Need some kind a pop on Monday Plzz ...

[cnelson]

Hell of a lot of volume at the end of the day. Anyone know why? Looks like there isn't a true resistance for another 30 or 40 cents. Any thoughts from our more experience chart readers?

[InvestingMoron]

I sold this way too early when I lost confidence. Profit-taking at EOD pushed it somewhat lower....expect some sellers to take their profits on Monday morning, buy the pullback.

[2 Worldz]

I sold half.

[Katibel]

I hope people missed it Friday and will get in Monday. It did happen later in the day. I haven't sold yet. Holding over the weekend. Of course I have CHDT too so I am just sitting and watching play right now. But at least everything i have is green.

[englishman26]

FORG - I can't believe I'm still holding and waiting on this one! Seems like the MA50 is coming down to meet the line and that could signal a breakout of this flatline when it does. Needs to finish up on that day to be a buy, I think, but it is definately setting up for something, I think!

[mlegha1]

You are not alone You actually reminded me that my I still own some shares too.

[aiki14]

I still have a bunch as well, it's been really range bound for weeks, maybe seeing some positive signs in the stochastics. Hasn't dropped enough to make me bail yet, I'm avg'd at .40