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golden cross on the horizon, don't wanna get stuck chasing when the chart crowed starts showing up...
not going anywhere today unless people start slapping that ask!!
Also bought more at .0004 today ..
Looks like it should break .001 in the coming days.
RSI in only .70 and CYOS is showing low volume...
go baby go! back to a penny with any news.
Askin .0005 - golden cross
chart is starting to break out
CYOS
CYOS .0003 x .0004 2 x 3 on watch for volume
I see the MM's are still playing games with my 300k shares..
CYOS sitting at resistance .0004
Could see a break soon .. .0006 is next..
At this point in time I'm not even thinking about cyos; nothing is going to happen, until congress... says so, period!
playingthegame/lastsinmaster
What does that mean for this company?
Gaming Bill Passes Senate Committee
http://www.miamiherald.com/508/index.html?media_id=128322121&genre_id=4216#
Will Congress hold 'em or fold 'em on Net gamble
http://www.politico.com/news/stories/0112/71155.html
par filled another 300k at .0003
Thanks DTGoody for that. I appreciate it very much. And no, I didn't put everything in CYOS. I'll be find if I lose it all, just a little ticked haha. Talking about good movers, I'm having a renewed sense of encouragement with AERN right now. Another day or two like the past two days and I'll be in the green and smiling. :)
The company may start back up again, or do a reverse merger into another private company in the future? Both of which would be good for you. Most likely it will be pumped again before that ever happens. Traders know that this moves easy with volume and different groups may decide to run this again.
Hopefully you did not stick all of your money into just this one stock and you have other money to make trades with. This way you can build your account back up while you wait for this to move again. Which I am sure it probably will go back up again in the future.
By the way I have been where you are at. It happens to the best traders. Don't give up or let this stop you from trading. Trading is where you can make some extremely good money with little effort! Look at ATRN that ran from .012 to .03 cents yesterday! Probably will run again today!
Take care and good luck to you!
Thanks for the input. It was a dumb move on my part to buy this last week. I saw someone post something about it on another board and checked it out. Problem is it was rocketing so fast, already up 1,300% I didn't take the time to look into the company before buying. May be chalked up as lesson learned. Like some said, I've lost 3/4 of my money on this one and may never get it back but no sense in jumping off as this company may start back one day in online gaming with the overturn of the law. The worse case scenario is it drops to .0001 and I lose the rest. Best case is it comes back up and I get my money back and possibly make some. GLTA
Sorry for your losses here. I never understood why this ran in the first place? The company is just a shell with no operations. A few years back they were trying the online gaming scene, but from what I can see they have nothing now.
This ran from the online gaming news that hit last week. People associated this company with that news. As far as selling I am not sure what to tell you? If the company should become active again and they put out a PR then the game has changed and this will go up big.
Question is if?
Depends on how much $$$ you're talking about. I would recommend selling now as I think this is headed back to .0001.
That's what I was thinking too Doc. It just seems all interest in this stock has disappeared but hopefully one day it will come back. Thanks for your advice and also to laser. GLTA
If you are down 75%, why sell? You are already down 75% and could only drop another 25% if it went to zero. Down that much you have a better chance of regaining some. But it's your money. Everyone has to do what is best for them.
Question: I'm almost ashamed to ask this question as it will out me as an idiot bag holder but let's just say someone was to have bought this stock last week and is down 75%. Would you suggest to that person to take their loss and sell before they lose it all or just let it ride and hope for a better day in the future?
LOL just trying to fit in! I only play this one when I can collect shares at.0001. Inevitably, an article comes out and it runs a bit. Usually double or tripple money. Actually,I'm interestested in CFW. It has problems. However I think it could be a hit once it down lists. At least it's a real company. However lost they may be!
Can't wait for next year. ATM machine here.
.0003's... par fill at .0004
I have buy order in,nothing more is getting filled ..
Makes me wonderful if this is bottom ..
As opposed to those who pump LOL....
Shorting causes panic selling from legit investors. And, of course, we all know what shorters do if they fear that their stock won't drop.....
just got a buy filled at .0004
looks like big selling coming in..
Why take away the legitimate opportunity to make money when a stock drops? At some point those shorts have to cover and they become buyers. It's all a part of supply and demand and maintains liquidity in the market.
That's your opinion, and you're entitled to it, as I am entitled to mine....
I totally agree...to call for a ban on shorting simply demonstrates a complete ignorance for how the market works.
correct, shorting is an important part of trading. May not like it but it's a tool and serves to put a bottom in the market. Because shorters become buyers.
Shorting is certainly not criminal...it's a gamble just like any other investment. When a stock is overbought you'd be a fool not to short it.
Interactive brokers and Sogo Trade allow shorting of pennies. U r prob right about the P&D.
Yep...they looked for any stocks remotely related to the online gaming industry and used DOJ news to pump the heck out of them.
Like many have said ..
This was a nicely done,Pump and Dump penny....
TDA does NOT allow shorting of any penny stocks...in fact I know of no broker that does. This was not shorted...it was pumped and dumped. Game over.
Gaming Stocks Soar as U.S. Define Forms of Online Gambling
December 29, 2011
Since the DoJ made it’s announcement in regards to the Federal Wire Act last week, online gaming stocks were in demand as dealers reacted to news that US regulators have finally defined and made clarity of their stance on certain forms of online gambling.
In lieu of such changes, many British companies had recently geared up their ties with the US in hopes President Barack Obama would resurrect the market.
Bwin.Party Digital Entertainment leapt 29.7 23pc to 160p and 888 Holdings, which rose 9 per cent to 39.25p.
Betfair and Sportingbet are also eyeing up a market believed to be worth $3bn to $5bn, PartyGaming and 888 are considered to own the technology needed to cope with the flood of new players that would enter their games.
Simon French, an analyst at Panmure Gordon, added: “In effect this will make casino and poker legal, where appropriate state regulations exist and lay the foundations for interstate, non-sports gambling.”
As a result, Mr French strongly reiterated his “buy” recommendation on 888 Holdings because last Thursday the state of Nevada approved regulations permitting the issuance of online poker licences.
“888 is the only UK-listed company to receive Nevada Gaming Commission suitability approval and are expected to supply software to Caesars Entertainment to operate in Nevada,” Mr French pointed out. 888 rose 3.2 to 39.2p.
Bookmakers also moved higher on the back of the positive sentiment. Ladbrokes, for example, ticked up 4.1 to 123.7p and William Hill perked up 6 to 194.7p.
Reported by Maggie B.
CYOS finding support ,next leg UP coming~
I sure hope it's got some future in online gambling. If not I'll chalk this up to lesson learned. But it is holding its position pretty good. Just wish it had held it wed morning instead of jumping making me buy more haha.
That's the sad thing that frustrates me.
Not much going on today is it........ Well I'm one of the bagholders holding at .0012 sure hope some good news comes from this company about the new law opening up online gambling becauase if and when it does this stock should explode.
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