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Moderator: vlispxpert Assistants: dabonenose, K-Pax, mitch28
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Last Post: 1/20/2017 3:16:21 PM - Followers: 165 - 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:


#15980  Sticky Note Should anyone be interested in container or dry dabonenose 01/12/17 02:55:09 PM
#15555  Sticky Note Another link for those that follow the Yield Curve: dabonenose 11/16/16 06:57:21 PM
#15554  Sticky Note Here's a nice little link to seasonality probabilities dabonenose 11/16/16 06:31:12 PM
#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
#16065   dam, now that my puts expire today, watch vlispxpert 01/20/17 03:16:21 PM
#16064   We have a new pres! Big sigh of vlispxpert 01/20/17 12:04:01 PM
#16063   I've done it many times...but it requires total vlispxpert 01/20/17 11:57:53 AM
#16062   Yeah, we think alike,,,lol. dabonenose 01/20/17 11:45:16 AM
#16061   I made money on it and I ain't dabonenose 01/20/17 11:44:12 AM
#16060   you can play the post split dip at vlispxpert 01/20/17 11:34:38 AM
#16059   Dab, u take a look at CBIS lately? charliewho 01/20/17 10:59:40 AM
#16058   I bought some SCYX at 3.40 yesterday. dabonenose 01/20/17 10:56:52 AM
#16057   Charlie,,,my first target on NM will be satisfied dabonenose 01/20/17 10:44:45 AM
#16056   Well, my DRYS target to B/E(break even), will dabonenose 01/20/17 10:34:34 AM
#16055   Sold the gap this morning! Stopped out charliewho 01/20/17 10:31:08 AM
#16054   Navios(NM) is inching up. dabonenose 01/20/17 10:11:35 AM
#16053   Nice move Charlie,,,BLPH, premkt news and showing strength. dabonenose 01/20/17 08:10:25 AM
#16052   Yeah,,,lol, they're gonna split on Monday. dabonenose 01/19/17 09:47:42 PM
#16051   Wow what a POS ....... much like my charliewho 01/19/17 09:40:51 PM
#16050   BLPH - back in this @ .63 with charliewho 01/19/17 09:37:44 PM
#16049   TRCH 1.70 & close at high of the charliewho 01/19/17 09:35:00 PM
#16048   I hear ya brother,,,lol. dabonenose 01/19/17 03:54:48 PM
#16047   How can SCAMS like this keep running on ashy2classy 01/19/17 03:47:07 PM
#16046   In case anyone thinkiing about DRYS,,,lol,,,they announced an dabonenose 01/19/17 03:15:14 PM
#16045   Tech firm creates Trump monitor for stocks otterman 01/19/17 01:09:17 PM
#16044   Many dry bulk shippers did well today and dabonenose 01/18/17 04:44:21 PM
#16043   Hold on to your hats! vlispxpert 01/18/17 03:54:52 PM
#16042   I O R G - took a few ashy2classy 01/18/17 03:37:31 PM
#16041   WOW,,,IMO, the play on DRAM today wouldda been dabonenose 01/18/17 03:23:43 PM
#16040   Charlie,,,it looks like SCYX may try to test dabonenose 01/18/17 02:34:19 PM
#16039   Ha,,,sold my CBIS, but made a double on dabonenose 01/18/17 09:18:10 AM
#16038   Yo Charlie,,,DRAM showing gap higher in Premkt at dabonenose 01/18/17 09:14:08 AM
#16037   BPMX .44 - a Sheff pic today.... if charliewho 01/17/17 11:43:12 PM
#16036   TRCH 1.55 - broke 1.50 resistance. Next charliewho 01/17/17 11:28:44 PM
#16035   THLD .54 - 4x 10day ave volume. charliewho 01/17/17 11:25:29 PM
#16034   BLRX .95 - may look for a position charliewho 01/17/17 11:20:20 PM
#16033   BLPH .78 - we have lift off! charliewho 01/17/17 11:17:59 PM
#16032   DCTH - shed my double down shares at charliewho 01/17/17 11:16:27 PM
#16031   CBIS .08 - boom <link back> charliewho 01/17/17 11:14:33 PM
#16030   SCYX - $4 comith..... then $5 <Link back> charliewho 01/17/17 11:13:02 PM
#16029   DRAM 1.45 - underwater from my 1.51 entry. charliewho 01/17/17 11:11:30 PM
#16028   Well there wasn't enough volume for NM's B/O, dabonenose 01/17/17 03:41:41 PM
#16027   Make sure you notify us of any Big otterman 01/17/17 03:35:10 PM
#16026   Be vewy vewy qwiet... ;) vlispxpert 01/17/17 11:10:07 AM
#16025   IMLFF - boomage came quicker then I thought. charliewho 01/17/17 10:15:29 AM
#16024   I O R G - nice bidder at ashy2classy 01/17/17 09:49:33 AM
#16023   iMNP - link back charliewho 01/16/17 12:24:27 PM
#16022   SCYX - agreed. 4 first resistance then 5 charliewho 01/16/17 11:01:35 AM
#16021   Buyout was my thought also. Hmmmmmmmmm....... charliewho 01/16/17 10:58:51 AM
#16020   Charlie,,,mebee positioning for a buyout?,,,Hmmmmmmmmm! dabonenose 01/16/17 10:26:55 AM
#16019   Early on gold is showing some stregnth today. dabonenose 01/16/17 10:21:52 AM
#16018   SCYX,,,Looks like an easy challenge of 4 IMO, dabonenose 01/16/17 10:18:03 AM
#16017   IMLFF - interesting news released Saturday afternoon: charliewho 01/15/17 10:42:37 PM
#16016   IMLFF .238 - in this from .19 and charliewho 01/15/17 10:38:30 PM