TADF - Tactical Air Defense Services - Page 5

Wow! I watched this all morning. There was no pump at all, or anything great to speak of.
It just went down hill, for everyone to hold the bag

Sorry, my bad. Still learning. Does a short squeeze rise the price of a stock because the shorts are trying to cover?


I was just a little frustrated earlier..

25 bagger....you mean 25% ??? .05 was great for high point today, but I had a feeling it wouldn't last. It's also the 52 week high as well....
thanks for your input, Simon

Yes, that's exactly what it is. If shorts get caught off guard for one reason or the other, then they'll start to cover, which would lead to the price rising higher causing more shorts to cover, etc. It's a snowball effect and it results in the price running hard. For all we know this run the past month could have been at least partially from a short squeeze, but at this point any talk of one is just hype. Shorts have covered and if anything are probably repositioning themselves and shorting into the rally.

AHHHHH, Ok thank you Simon for explaining that a little more. I appreciate your info. Are you in on this stock as well? I got in yesterday at .038

A month ago the stock was trading around .002 or even lower, and so that .05 would be a 2,500% return. Not everyone is up that much, but there are tons of people who are up a butt load and are selling into the recent strength. This is why a chart is so valuable, it can give you great perspective and insight. Like I said, pump and dump or not, this stock was due to correct. The play here is done, there will be bounces along the way, but the real money that was to be made has been made. Studying this chart and all the details from it, then try to apply it to other charts and then actually try to catch one of these runners before they take off. It won't happen right away, but if you work hard enough at it, you'll start to get proficient at spotting the setups.

God no. I am watching this dip though to see if I see an intraday bounce setup I like, but that's only in the case that it really starts plummeting.

Thank you , Simon. I can read some basics of charts, but don't know how to spot the trends, trendlines, MA's etc. I'm sure there is too much to list here, but is there a thread on how to learn this and how to try to spot runners before they take off??

Imo, charts don't really start to become useful until you've put in thousands of hours of screentime and it starts to become second nature. I may have read 10 or books on TA and have taken a course or two as well, but in the end it's all the screentime that really had everything sink in. Follow charts during the day, then at night review as many as you can. With that being said, here are some things I wrote up that try to simplify some of the main things to look for in charts, though remember that nothing you read will improve your chart skills overnight.

http://www.hotstockmarket.com/forums...ghlight=charts

promo

Gents:

ZA (a promo group) has been pushing this for 2 weeks.....they got 20,000,000 shares for it. The news announcement made by the company about their new "IL-78 Agreement" with Air Support Systems, LLC is much ado about.........well.....Air Support Systems LLC is apparently owned by Gary Fears, an undisclosed insider of the company and the gent whom I believe has sold massive amount of stock into this promotional push. Shorts or no shorts, this has lived its life, and the regulators can take it from here.

Gator, where did you get your info from?

Ok, Simon, I appreciate it!!!

I would like to take this opportunity to formally extend my gratitude to Strategy Desk for freezing on me yet again, and making me miss out on that bounce off of .02. Thank you. I didn't want that $800 anyway. Who needs it? It's not like I'm trying to raise money to MOVE TO HAWAII OR ANYTHING!!!

20-May-2010

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events.
As disclosed in Tactical Air Defense Services, Inc.'s (the "Company") Form 10-K for the period ending December 31, 2009 filed with the United States Securities and Exchange Commission on April 15, 2010, on March 4, 2010, the Company sued Mark Daniels, the Company's former President and Chief Executive Officer, and various entities affiliated with or controlled by Mr. Daniels, in the Circuit Court of the 15th Judicial Circuit in and for Palm Beach County, Florida, for temporary and permanent injunctive relief, damages, and other relief for breach of contract, breach of fiduciary duty and duty of loyalty, tortuous interference with advantageous and contractual relationships, and misappropriation, misuse and conversion of trade secrets and confidential business information.

On May 7, 2010, Mr. Daniels filed an improper and frivolous Involuntary Chapter 7 Petition (the "Petition") against the Company in the United States Bankruptcy Court for the Southern District of Florida, in an effort to circumvent the legitimate court process, by claiming non-payment of a promissory note that the Company contends in its litigation against Mr. Daniels was issued without proper consideration when Mr. Daniels was the President, Chief Executive Officer, and a Director of the Company.

Upon notification to the Company on May 10, 2010 of this improper Petition, the Company requested and was granted an Emergency Hearing for May 14, 2010 in the United States Bankruptcy Court in the Southern District of Florida before Chief Justice Paul G. Hyman (the "Emergency Hearing").

On May 14, 2010, Chief Justice Paul G. Hyman issued a signed Order granting an emergency Motion to Dismiss the Involuntary Chapter 7 Petition filed against the Company by Mr. Daniels. In the Court Order, it was agreed that:

- Mr. Daniels' claim is the subject of a bona fide dispute;

- The Company has more than 12 unsecured creditors (note holders are the only claims not in dispute);

- The Court should enter an Order dismissing Mr. Daniels' involuntary petition, with prejudice to any subsequent involuntary petition by Mr. Daniels (i.e.. he is barred from refilling an involuntary petition), or any insider or affiliate of Mr. Daniels; and

- Moreover, Mr. Daniels cannot pursue any efforts or take any actions to solicit, recruit, encourage, or cause any other alleged creditor of the Company to file an involuntary bankruptcy petition against the Company.

- The Company agreed to withdraw its claim for attorney's fees, costs, damages and punitive damages arising from the improvident filing in exchange for Mr. Daniels' consent to the dismissal of the petition.

Additionally, Mr. Daniels' attorney of record who filed the Petition, as a result of learning that Mr. Daniels had materially misstated the facts and failed to disclose that Mr. Daniels was currently the Defendant in civil litigation with the Company, filed a motion to withdraw his representation of Mr. Daniels in the Petition.



Item 9.01 Financial Statements and Exhibits.

did you guys see this? TADF acquiring Tac-Air.
http://www.reuters.com/finance/stock...20100521021200
i jumped back in yesterday: 20k shr @ 0.0128. bought in right before the closing tank!

Some good news....
YOu're up 65% today also. Hopefully TADF will get on track , too!

TacAir

Wow....more news!....lets recap.

The stock trades a month ago about 30K shares a day at around $.002. In the month since TADF hired stock promoters, its up to averaging over 200MM shares/day volume and as high as $.05....2500% in price and 7000% in volume. 2-3 shareholders sell hundreds of millions shares into the market - I'll give you 2 - 3 guesses who they were!

News -

"hey we've agreed with another company to try and get some F-16 training business" (company market cap increases 1000% - reasonable?)

"guess what! we agreed with one of our undisclosed insider shareholders to lease his IL-76/78 planes (which are apparently impounded) so we can try to get some business with them" (company market cap increases another 1500% -reasonable - but wait.....traders are catching on and the short sellers are reading between the lines that this horse has a limited life span since it was constructed on fraud.....the price is headed back down)

"a coup! we've agreed to buy TacAir! Nevermind that it's a services company with little asset base who claims to have a former air force chief of staff that will be a board member of TADF" - yeah right! (well....we got a bump of $.006 out of it.....crud....limited life is right....we can't sustain 1.4B shares in the float at an artificially elevated price.....this coming week's gonna be a pain since we've kind of shot our wad....maybe we could announce the purchase of some planes to hold it up while we get rid of the rest of our paper)

Its a classic pump and dump of mega proportions. Someone please prove me wrong.

sold all my shares after the open @ 0.0185 and just bought them back (and more) @ 0.016. TADF is turning out to be the best flipping stock i ever bought! nice.

Nice flip, Mr. Hound!!

there were a lot of trades already this morning. looks like we still may be feeling some effect from the P&D crowd. the L2 was going whack-o, but is more stable now.