Gatekeeper Systems Inc V.GSI

Today so far

[fergus2]

Hmmmmm.....we’re scraping the bottom of the river here and now I start to look for the positive doji candlestick pattern, - signaling an upturn.

The defining doji that portends a change in direction from a market decline, is when it plumbs new low ground during the day’s session and closes higher than the previous close. We’ve satisfied some of the criteria (new low ground) and are sitting above it with some good volume I might add; but closing price tells the tale in terms of whether we have a doji and its relative strength.

Perhaps a chartist on the board could comment?

[freeedom45]

We all know the cure for lower prices...

[fergus2]

Well, for those of you that might be interested we did get our positive doji candlestick. Today's trading band was narrow, 4 cents to be exact but it did break into new low ground and did actually close up higher than yesterday's close. All criteria were met.  It gives me some small measure of optimism. Perhaps we might get some news tomorrow. Let's hope so.  GLTA Fergus2 P

[kidl2]

Fergus2: Nice heads-up on the TA side. Thanks.   Just checked SEDI. No insider transactions since the April option grants @ $0.87.

[ddogold]

Volume is non existent this morning . Too bad with a sharp increase the price seems primed to move straight north .. Still early in the day . 

[HenoftheWoods]

The higher this moves on small volume the better, in my opinion. There's a lot of money on the sidelines now that sold only because the trend was bad, they couldn't stomach the losses, or they imagined an end-of-the-world scenario (company or non-company specific). That money will be coming back, but let it be at MUCH, MUCH, HIGHER PRICES. Cheers, Hen

[freeedom45]

This is a long term hold for me... As long as it continues to tick off all the boxes I will hold and add from time to time. Down the road, I believe even the high that GSI has traded will look cheap.

[fergus2]

Yes HenoftheWoods, I am in complete agreement. I hope Fidelity has to buy GSI shares for much more than they have being currently paying!!!   I also compliment you on your post the other day. Even though we may not agree on Fidelity, I flatter myself into thinking that my post wheedled that sensational one out of you. ha ha   In my humble defense I place two facts before you:  

[HenoftheWoods]

@fergus2 Please use your DOJI magic as often as you want!! I have a few other languishing stocks that need your help (GDNP, GRN, SPOT, EQB, PBX, etc. etc.). Anyway, you deserve full credit for calling the absolute bottom reversal. Sure looks looks like it, as investors will now start to speculate what DD has up his sleeve reserved for the LD Micro Conference (I hope), and we may actuallybuild on

[Dunworkin2]

  Hen....I have just what you need, it's called a doji candleabra :)) In high demand by micro cap investors.lol.

[fergus2]

I appreciate the kudos, but truthfully, Fergus2 has no magic to offer. I did not invent the doji candlestick, -merely read of it being an indicator portending the end of a long run. But there would be thousands of examples daily where the formation occurs, and the trend continues, because it has not reached the end. That speaks to your suggestion of passing off philosophy for fact. My secret