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Bullboard - Stock Discussion Forum VIDWRX INC SMDWF

"VidWRX Inc is engaged in developing and operating cloud-based video content production platforms and video production series targeting the business and news markets across North America."

GREY:SMDWF - Post Discussion

VIDWRX INC > Be careful of all these pumpers..
View:
Post by DemoZ on Jun 04, 2015 4:43pm

Be careful of all these pumpers..

Because usually they only pump the living daylight out of a stock in order to drive the price up so they can sell themselves. To people like you, who believe their pumps. And are stuck with the shares afterwards.
Comment by scoobybpc on Jun 04, 2015 4:51pm
I don't see any pumping here. Its up to everyone to do their own DD. Right now people are simply pointing out factors that signal a positive turn for VID, nobody knows what will actually happen.  That said, I'm sure pumpers will be on here if this continues upwards. 
Comment by CQCmaster on Jun 04, 2015 6:17pm
We'll start having bashers and one stat princesses pretty soon here. Very good sign indeed 😊
Comment by Moneymagnet14 on Jun 04, 2015 7:40pm
SoMedia did hit 54 cents weeks back, i'd imagine any type of Positive news or anchor contracts come in we could see this go on another epic run. Today was huge for the company, beautiful bounce today. Gives me a hell of a lot of confidence moving forward.
Comment by home001 on Jun 04, 2015 8:20pm
Mm14: This was the fourth "beautiful bounce" since May 01. Maybe VID moves higher, maybe it doesn't. As anyone can see, for the most part the highs are trending lower and the lows have been about the same. What is most significant is the higher volume these last two up days as the price bounced. VID is still down 5% this week.
Comment by Moneymagnet14 on Jun 04, 2015 8:46pm
Understood, I just think this company needs to show some positive news flow and that will regain a lot of confidence. I still feel this will be one of the only TSXV companies that will have any momentum this month. JMO
Comment by CQCmaster on Jun 04, 2015 8:54pm
If you're referring to higher highs and higher lows.. Those basic chart patterns sometimes don't work. If you noticed one thing about the accumulation of VID since it's downfall from 50 cents is that a great deal has been accumulated between 50 and 100 day moving average. That's textbook and sophisticated method of price control. First the 50 and then the 20 as resistance. And now ...more  
Comment by home001 on Jun 04, 2015 9:50pm
Hi CQ: I wasn't referring to higher highs. As you've probably noticed since .34 on May 19, VID has had lower highs. My point was simply that alone, today's bounce doesn't mean much. I appreciate your posts.
Comment by Realist on Jun 04, 2015 11:11pm
This post has been removed in accordance with Community Policy
Comment by home001 on Jun 04, 2015 11:56pm
Realist: Thanks for your reply. I was replying to a post that said "beautiful bounce today". I was attempting to point out (and obviously didn't do so well 😊) that VID's price has had three other significant one day bounces since May 1 only to go lower. Yes I would guess the "on balance volume" probably didn't look as favorable during those other bounces as it does ...more  
Comment by CQCmaster on Jun 05, 2015 1:36am
There was a small descending triangle for few weeks with volume increase. There were also significant big block purchases made. The biggest thing is the increase in volume without significant price movement. When that happens, the consolidation phase is nearing its end and price movement is about to happen. But to each of their own in the end. If nothing happens next week, then wait for the ...more  
Comment by home001 on Jun 20, 2015 7:10am
CQ: Since the "consolidation" to which you refer in this post, VID share price is down an additional 22% with several days of very heavy volume. That was some kind of consolidation. What is the definition of consolidation? One that fits what you described is : " a momentary pause in a downtrend until a further massive plunge occurs". The number of 5 star ratings on these boards ...more  
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