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Moderator: vlispxpert Assistants: dabonenose, K-Pax, mitch28
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Last Post: 9/24/2016 9:21:29 AM - Followers: 164 - Board type: Free - Posts Today: 0

Welcome to Vlispxpert's Underground. This board is mainly for undervalued, oversold stock plays. The price of the stock is not of concern, so .10 to $20+ picks are welcome if they meet the criteria below. (No pinks or otcbb please) I will be placing my watch picks once a week or whenever I find one I really like...These days it's quality over quantity of picks...


Anyone who is considering investing in any of my oversold picks, needs to understand that there is usually a reason the stock is oversold in the first place. 9 times out of 10 there was some bad news that caused a major sell off...

These plays are risky in nature because of this factor alone. I am playing the odds when I buy an oversold stock. The theory behind my picks is the price shouldn't go much lower, due to the oversold indicators & the shorts are close to covering. JMHO

If the price does go lower, I average down, which I believe just causes more pressure on the stock rather than relieving pressure by selling. I usually wait for a 25-35% drop before averaging down, depending on the volume & activity of the market.

I also believe in holding the stock through the turbulant bottom when it is trying to correct itself. It may take a day or it may take months, but the theory is, it will turn around at some point...JMHO

There are 4 things that will make me sell a stock immediately:

1) Strong dilution (over 50% addition to O/S).
2) Bankruptcy.
3) Reverse split.
4) Bad news, usually of the financial nature (Big losses, bad quarter, losing major client, etc.)

I just wanted to post this as a reminder to those who do decide to buy one of my picks that there is a high risk factor & that my picks aren't really daytrades. They are buy & hold until the market comes to you. Sometimes they play out like daytrades, and sometimes it's like water drip torture for weeks on end...

I believe in my method, however contrary it is to the daytrade crowd, who wants instant gratification or it's a complete failure in their minds....

Good luck & good trading, I hope this helps in future decisions on buying any future picks...Thanks

Terminology you may hear:

Starter=1%-2% amount to keep eye on stock while it's trying to find support.
Add=2%-6% tripling of position after a 20-35% dip.
Back up Truck=20%-30%

"If you want to get rich, stick your head above the crowd, see which way it is going, and immediately head in the opposite direction" -My Favorite Quote-

"The stock market is a vehicle to move wealth from the impatient to the patient". -Another Great Quote-

My other board strictly for trading gold/silver stocks is located at:


#10750  Sticky Note Nice lil tool they added to,,,when you dabonenose 01/14/16 04:42:34 PM
#10642  Sticky Note For those that wanna try it out,,,the free site: dabonenose 01/08/16 09:16:38 AM
#10094  Sticky Note Explanation of trading with the summation dabonenose 11/12/15 03:53:42 PM
#6248  Sticky Note Vlispxpert's Underground list of top ETF/ETN to follow $tockfather 01/14/15 05:16:52 PM
#14749   FWIW,,,Zacks October Outlook for 2016: dabonenose 09/24/16 09:21:29 AM
#14748   Yeah man, that's why I took the whole dabonenose 09/24/16 07:51:17 AM
#14747   Charlie,,,BLRX,,,when you posted this the other day, I dabonenose 09/23/16 08:44:22 PM
#14746   Blrx - great day. Didn't even look at charliewho 09/23/16 05:48:50 PM
#14745   Market's zzzzzzz today...volumes anemic... vlispxpert 09/23/16 01:46:40 PM
#14744   This is why I like long puts on vlispxpert 09/22/16 03:56:44 PM
#14743   You know it's a kinda odd day when dabonenose 09/22/16 03:33:10 PM
#14742   Well, Vlis,,,the bears are waiting for the salmon,,,lol. dabonenose 09/22/16 03:03:37 PM
#14741   Otter,,,you can forget the short funds that are dabonenose 09/22/16 02:59:10 PM
#14740   SELL MORTIMER SELL!! lol vlispxpert 09/22/16 02:23:58 PM
#14739   I look at the $SPX chart & my vlispxpert 09/22/16 11:46:09 AM
#14738   funny part is ask is they'll let vlispxpert 09/22/16 11:17:27 AM
#14737   ouch, bid on puts is but at vlispxpert 09/22/16 11:09:08 AM
#14736   Yep. Im going to jump in VIX mitch28 09/22/16 10:16:57 AM
#14735   Out of NEOT 1.36. Made a bit. otterman 09/22/16 10:11:36 AM
#14734   Here's my conditional trade thru Fidelity,,,if it hits,,,lol: dabonenose 09/22/16 09:33:42 AM
#14733   VIX is starting to get oversold. dabonenose 09/22/16 08:29:40 AM
#14732   FWIW,,,I'm looking to buy LABU on weakness. I'm dabonenose 09/21/16 06:13:52 PM
#14731   Yes @ 19 charliewho 09/21/16 06:03:14 PM
#14730   Charlie,,,did you get stopped out of UVXY,,? dabonenose 09/21/16 05:26:57 PM
#14729   Disappointingly at the moment. otterman 09/21/16 04:13:20 PM
#14728   ashy,,,IORG has been running ndown the centerline of dabonenose 09/21/16 03:19:41 PM
#14727   Good luck, they're the highest risk/reward...gamble trades, roll vlispxpert 09/21/16 01:09:24 PM
#14726   Finally got myself some. 1M at .0005. TeamTOC 09/21/16 01:02:16 PM
#14725   Just added more...seems like there's a few people ashy2classy 09/21/16 12:12:45 PM
#14724   This fake market rally the last 2 days vlispxpert 09/21/16 11:52:14 AM
#14723   me, I hold em tight...talked to bro, he's vlispxpert 09/21/16 11:47:59 AM
#14722   I O R G - anyone still in ashy2classy 09/21/16 11:32:00 AM
#14721   We lived in the greatest time, in the vlispxpert 09/21/16 11:27:53 AM
#14720   FWIW,,,if anyone likes the bios,,,LABU(Direxion 3X Long BIOS) dabonenose 09/21/16 09:13:40 AM
#14719   Lotsa charts otterman 09/20/16 09:38:40 PM
#14718   Vlis,,,I'm guessing that the 10K on the ask dabonenose 09/20/16 03:38:02 PM
#14717   I hear ya bruddah,,,lol. Life in the city! dabonenose 09/20/16 03:18:38 PM
#14716   Weve all been there. otterman 09/20/16 03:04:15 PM
#14715   10k at .0032, yes... ;) vlispxpert 09/20/16 02:26:57 PM
#14714   CMRX we dumped a tad early dab..... It's charliewho 09/20/16 02:21:45 PM
#14713   How many shares are currently on the ask dabonenose 09/20/16 02:10:11 PM
#14712   FYI,,,They pay a small(25 cent) divvie as well. dabonenose 09/20/16 02:02:42 PM
#14711   We'll see how you feel when it pops vlispxpert 09/20/16 12:49:59 PM
#14710   Added at .0023 yesterday. I'm not a fan ashy2classy 09/20/16 12:47:23 PM
#14709   ouch! vlispxpert 09/20/16 12:17:50 PM
#14708   BLRX - broke the 200ma with nice volume. charliewho 09/20/16 12:15:36 PM
#14707   Anyone remember ECNC back in the day? charliewho 09/20/16 12:13:58 PM
#14706   IFAN 0.0028, accumulation! lvhd 09/20/16 12:02:49 PM
#14705   D N R G-took starter...pure insider play for vlispxpert 09/20/16 11:59:39 AM
#14704   MGA - covered by 15 analysts, consensus BUY otterman 09/20/16 11:19:03 AM
#14703   Few years back, I saw one at .03, vlispxpert 09/20/16 11:11:14 AM
#14702   yep, mine was JSDA..10k shares at .23, ran vlispxpert 09/20/16 11:10:08 AM
#14701   OMFG!!!! ouch!! vlispxpert 09/20/16 11:08:54 AM
#14700   Haha...i ran the math. But thanks for mitch28 09/20/16 10:22:03 AM