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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 08-13-2007, 05:42 PM
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Default Apll

Looks like a double bottom. Pushed back up through the 50 ema today on a little better volume. MACD crossed. Positive divergence on PVO and crossed zero. Sto headed up with some room to go. Resistance at .065 for a breakout.

http://stockcharts.com/h-sc/ui?s=APL...d=p42920928312

APOLO GOLD & ENERGY

Apolo Gold & Energy Inc. is engaged in acquiring and developing mineral properties. The Company holds the mining rights to a property known as Nepal Umbar Picung (NUP), which is located 48 kilometers south-west of Bandar Lampung, Sumatra, Indonesia. The property, which Apolo Gold & Energy acquired in April 2002, consists of 733.9 hectares and possesses a Production Permit (a KP) # KW. 098PP325. There has been previous exploration work carried out, consisting of approximately 50 trenches, from 100 feet to 1,000 feet, across the mineralization, and seven parallel veins have been exposed by trenching across mineralized zones. NUP is in an area in Indonesia with a history of mining activity. During the fiscal year ended June 30, 2006 (fiscal 2006), Apolo Gold & Energy focused on the continued exploration of the adit on NUP by completing necessary testing, including trenching, sampling, and preparation for further drilling.

URL for website couldn't be found.

From pinksheets:

Estimated Market Cap - 3,711,103.2 as of Aug 10, 2007
Outstanding Shares - 74,222,064 as of Feb 8, 2007
Authorized Shares 0
Number of Share Holders of Record - 48 as of Sep 28, 2006

Last edited by lovemoney; 08-13-2007 at 05:57 PM.
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Old 08-13-2007, 06:12 PM
Reznor Reznor is offline
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Default Re: Apll

Hey Lovemoney. Did you buy into this? I got in just before closing. The TA is set up nicely. It closed at the 32 sma today.

BTW I sent Apolo an email asking them to update the website link on pinksheets.com but haven't gotten a response.

The new website is http://www.apologoldandenergy.com/

They changed their name and website in 2005.
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Old 08-13-2007, 06:28 PM
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Default Re: Apll

No I didn't. I just ran across it after close. I may get in tomorrow hopefully. Have you been folowing it long?
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Old 08-13-2007, 07:14 PM
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Default Re: Apll

No It came up on a screen today and I did a little bit of research but this is strictly a technical play for me. If you look at a 6 month chart the MACD and RSI are at almost the same point and pattern. The full stochastics is a little lower but it is a deeper double bottom. The OBV is also at the same point and up trending from the bottom so this is more of a trade than an investment. The TRIX is also forming the same pattern, although it hasn't crossed yet, as the big move back in mid April. I couldn't find any news or what made it move in April but I'm seeing the same setup.

It may have been a P&D but I'm not sure. Does anybody know a site that lists which stocks are being pumped at the present and in the past? I came across a site awhile back but can't remember it for the life of me.
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Old 08-13-2007, 07:45 PM
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Default Re: Apll

I agree, it's a T/A play not an investment for me either. I saw it and thought it might be setting up good. I didn't know if maybe you'd been watching it long or not.

I wouldn't know of a site that lists P&D's Be a good one to check every now and then though.
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Old 08-15-2007, 11:29 AM
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Default Re: Apll

hitting resistance at the 50 ema last three days near .054. It's gotta break that on some good volume and I'll try to get in. Yesterday's was lower volume than Monday. .065 will be the breakout.

Last edited by lovemoney; 08-15-2007 at 11:32 AM.
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Old 08-19-2007, 04:19 AM
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Default Re: Apll

Tested the first bottom's support at .045 Friday. See what it does from here.
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Old 08-22-2007, 06:32 PM
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Whew, glad I watched instead of jumping in this. That double bottom didn't pan out. It never would break that 50 ema resistance.
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Old 11-27-2010, 11:30 AM
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Default Re: Apll

Proposal No. 1. Amend our articles of incorporation to increase our authorized common stock from two hundred million shares to three hundred million shares;


Proposal No. 2. Approval a reverse split of the outstanding common stock on a twenty to one basis with fractional shares rounded up to the next whole share


Proposal No. 3. Authorize the board of directors to file an amendment to the articles of incorporation to change the name of the corporation upon subsequent resolution of the board of

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