Mikie''s Island

[Zilla]

11
(VIX low compared to the state of things in the world)
I'm not good at charts/TA stuff, but it just looked to low and the volume was picking up with lots 12,000 share trades going through in the low 14's so I put a few bucks in there just to 'watch' it and it took off. I didn't think it'd move that fast in such a short amount of time. I hesitated sharing it as I'd just found it but when it went from 14 to 16 I wanted those on the 'island' to be aware of it.
It sounds like you caught some of the action. I'm hoping to buy more Monday if it's still down. Maybe a good news POP in markets with a 'buy the rumor, sell the news.' event happening. If it all goes bad over the weekend I've still got my 14 purchase and then some. The TVIX board has some interesting posts. The volume does look really good and I think it was 22 million by the time we hit 21. I've traded FAZ it it was noting compared to what I experienced last week with TVIX.

[Zilla]

Reata
Not giving up was the best lesson I learned.
Good to know that others had similar struggles. I think it's why I 'blab' it so much, so others who are feeling 'down' when they're down realize what is possible.

[hang ten]

Z, this TVIX chart says a lot... the last week or two volume has dwarfed the volume form July/August last year.. now yesterday's volume is just jawdropping.. TVIX performance yesterday made TZA and FAZ look like 'coach'

[$27]

you basically just told my story zilla of what has happened to me. it is true you learn the most when you lose the most. glad we get second chances. have a great weekend.

[Zilla]

I was about to post this as a reply on the TVIX board but shortened it. However I like to share my experiences and what place is better than here on our island.
Suffering comfort and coke. =P I 'blab' A LOT when I drink. (LOL) =P


Congrats to taking the lessons of your finances into your own hands.
My first losses and biggest losses taught me the most. Also watching massive gains vaporize before my eyes taught me that it's only a gain or loss once you sell.
I had TTNP go from .05 to 1.50 overnight and I didn't sell. In 3 days it was able to get down to .53 before heading back up and with a few months it also hit 2.50 I made 50K on a 825.00 investment in about 6 months. Took those profits to WAMUQ where I had 400,000 shares avg .15+ go to .70 in about a week. 56K turned into 220K in profits...I didn't sell. It got volitale from there dipped in half and bounced. I held and two days later I saw it drop from around .40 to .09 in a matter of seconds. Saw my account go RED 110,000 in a manner of moments. I closed the computer and walked away. Made 20K off it later but had ten times that and I didn't AT LEAST take something off the table.
I've even sold too early with TRXBQ. Had 100,000 share avg .22 sold between .27-.50 and about 6 weeks later it ended trading close to 2 bucks...
Why I share this/ Because I couldn't have learned this anywhere else other than by doing it myself. It all started for me with 5K off a credit card that I lost in WM and LEH BKing, yet by not giving up and learning, I made way more than that and LEARNED lessons that have more value. Since entering the market in the Summer of 2008 I put into my account 25K and taken out 20K mostly to pay takes over the years so really I just have my 5K investment at risk but I'd lost that years ago. Well I guess I didn't 'lose' it cause I didn't sell it right away. There are GREAT lessons to be learned.

[Zilla]

From 14-21 in 3 days...50% I added more today @ 18 and sold most them @ 20 kept a few extras and my 14 purchase. It's 18.50 in the AH right now, closed @ 19. I'll add more once I see what it's wanting to do but with the volume the past three days increasing, I'm thinking it's getting ready for the next 'leg up' or so I hope. (LOL)

I wanted DMND @ 22 in the AH but didn't buy it. Thought if we get some media FEAR it might go lower in the week. Too many plays and not enough moola.

Also reloaded 5000 shares of BPAX .86 I'd sold the other day .90's willing to add on big dips and 'flip half or sell all on 100% or 2/14/12 FDA approval. No approval and I'll add lots under .50 maybe even .40's 8-0 Hopefully approval POP and out.

[Zilla]

Went over 21 BEAST MODE...Sold some @ low 20's that I bought today low 18's I'm hoping for a pull back as it closed 19 and is going down in the AH.

Great parenting video too Mikie

[itsmikie]

PURE JUSTICE!! ->MUST SEE!!!

[hang ten]

Mikie / Anyone looking at $DMND..? Zilla, got a family of Tyrannosaurus VIXens that've been hatching in my a/c

[itsmikie]

Gota Love that ATM-> BAC.. hehehehe

[Zilla]

TVIX I got some the other day under 14.10 and it almost hit 16 this morning. Wish I'd bought more and waiting for others on that board to say reversal is in and with the VIX at such lows...
Crammer said to sell Bonds and kept saying it because it followed the VIX up until recently. So he kept saying sell bonds or buy the VIX so I bought TVIX as I don't have options which is all I saw on the VIX.
If anyone knows other ways to buy the VIX or other ETF's I'm all ears. ;-D

[Zilla]

I traded it 3 times since then and got out @ .91
It's fun to look back and see what I saw that others didn't that just look at charts. I almost got back in yesterday @ .78 but it ran when I was out running errands. I'll wait and watch as it's got some movement each direction now.

[silicon valley au]

Big JV annoucement expected for MDMN Friday or sooner

[hang ten]

rise of the machines:

[itsmikie]

yep.. :*)

[hang ten]

the mods here on the EEGC board just took off a very relevant sticky that I posted there.. 'silicon investor' set to benefit from fedup ihubbers imo.

[itsmikie]

Mondays call DIGX. Check it out!!!

[itsmikie]

thank you... :*)

[hang ten]

nice call Mikie:) ANTS up 82% today, nice ticker btw

[itsmikie]

Put ANTS on your watch. Time to move up.

[Vulcanized Crawler]

cant wait for the come around.
they took away my grandfather status in 02, because i asked to be deleted as a mod. instead they deleted me. from there on it was down hill

[itsmikie]

Hang Ten?? hehehehe

[itsmikie]

They have taken a BAD turn for the worst. One of the reasons, I don't post much anymore. If I get a GOOD tip, or have done some stock checking, I will post it, but because of the antics, I'm going to leave it for the kiddies.. I know a few have gone to the other board, and I'm working on something now, that will be a BIG hit.

all my Business's are doing so good, that I might have to take a break, to enjoy it.. hehehehe I've canceled all my subscriptions here, and if you don't read the TOS, Your screwed.. Have to give 30 day written notice to cancel L2.. That is what you call BULLSHIT in capital Letters. Thats ok,, What goes around, comes around.

[Vulcanized Crawler]

as u well no mikey....
everything is removed on vlco board. lol. i post and then time it to see how long it takes to be deleted by the ihub mod squad. i wish ihub would go the way of raging bull. they make it uninteresting.

[helmsman]

Just a driveby...hang in there boys!

[itsmikie]

LOLOLOL,, Also see his posts have been removed and someone elses posts too. :*)

[itsmikie]

LOL.. That's his problem.. Not mine. Still got'em. doesn't matter. :*)

[Vulcanized Crawler]

mikey... tigerpac is postin you bailed...
on vlco...or suggesting it.

tigerpac

Share
Wednesday, February 01, 2012 9:47:10 AM
Re: None

Post # of 12377

I noticed that 'itsmikie' removed VLCO from his "my stocks" a few days ago......

Things that make you go hmmm....

[silicon valley au]

For those of you into Jr. Explorers. MDMN to announce a major JV within the next two weeks for their world class property in Chile. Should be a real barn burner. I look forward to adding to my growing portfolio of island properties.

[rstefan]

Just a heads up anybody that likes Natural Gas Plays

UNG - just moved up today



Have a Great Day
Bob

[Vulcanized Crawler]

funny.
ill stop laffing soon, i think

[itsmikie]

The next time you want to be hypnotized, Remember this...



https://www.facebook.com/photo.php?fbid=10150529542153605&set=a.337549553604.151419.337541338604&type=1&theater

[hang ten]

lasts posts aqui..

[hang ten]

hope yur feelings are good Mikie:))

[itsmikie]

Thanks,, BAC is a nice ATM, and I trade FAZ and FAS all the time. (When I feel its right.. LOL

[hang ten]

Been meaning to congratulate you on $BAC.. actually in oct/nov last year Errett was telling me he was looking at $FAS, I wasn't so sure but looks like you guys were on the right track:)

[hang ten]

YW buddy eom

[Zilla]

Bought some ARNA today @ 1.66
3 reasons...
1) I forgot about it and liked it below 2 bucks a while ago for long term.
2)"Arena Pharmaceutical's clinical development programs include lorcaserin that has completed two pivotal Phase III clinical trials for the treatment of weight management, including weight loss and maintenance of weight loss. Shares of ARNA jumped earlier this week after the company announced that that the Food and Drug Administration will make a new ruling on its obesity drug lorcaserin by June 27."
3) Saw over 11,000 2.50 call that expire in one day. Might be old buys but if it does move a dollar in a day, I'll sell for a dollar 1-2 day profit, if not I can hold til June/July

Wanted some EK or EKDKQ but seems to high, I'll watch and wait for now.

[Zilla]

Didn't get below .30 yesterday but is at .47 now. 50% move and hopefully much more to go. =P

[Vulcanized Crawler]

Subject: Best traffic accident cell phone report

http://www.examiner.com/comedy-in-national/the-best-fender-bender-ever-as-performed-by-some-guy-texas-video

[itsmikie]

Take a journey Like you never have.

[itsmikie]

Gotta Love BAC.. Its a ATM... :*)

[itsmikie]

ahhhhh,,, yea..... :*)

LMAO!!!! hehehehehe

[Zilla]

So Superman is flying above the buildings and sees Wonder Woman laying on a rooftop naked. He swoops down and and pounds her hard and fast then is Up up and away before see opens her eyes. Wonder woman says, "Was that a bird?'
Then the Invisible Man says, I"I don't know, but my ass hurts!' (LOL)

[Zilla]

Thank you so much for sharing that. Gives one a better perspective.

[itsmikie]

Thanks, We'll be looking... :*)

[Zilla]

OPPS It cut off That's pretty funny. (LOL)

[Zilla]

That's preTake a look at FTWR. I had it sitting in the .21 area and it went up to .5199 on Friday HOD ended .38# I think and Tuesday to .59 and has done a 50% fib retrace. DPS says it was purely a chart play and might go to .25-.26 before it runs again tomorrow. It had a trading range in the .30's before the .20-.22 range as of late. I think they have earnings on the 25th but I haven't verified it as we've been waiting on last quarters release and an interest payment they missed for 1.3 mil that was mid Nov 15th I believe and 30days Dec 16th news took us to the .20's range. We ran almost 100% the day after we touched .15 and over 120% Friday. I'm in it for over a buck as I expect they will make the interest payment after a debt refi and that is the 'news' I've been holding for. I had 64K shares under .23 and flipped my ROTH IRA 14K to another stock and sold 25K for 'freebies' however I bought those back today .35 or so and my avg. is under .30 still. Might be a 'watch and see' if there is a dip and then bounce or DD and see the risk/reward possibilities. ENER just made their interest payment and is over a buck. FTWR has 180 days to get and stay above and with the 'news' I HOPE we get soon I see no problem with that happening. Check the 8K on 12/30/11 for more info. Good luck Island peeps.


BK is a possibility but I think they would have BK'd a month ago.

[itsmikie]

Worlds COOLEST Airline Stewart!!! Must See TV.. hehehehe

[itsmikie]

I'll take a look see.. Thanks..