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Someone discovered dd that the ceo is
likely not that dude…. I tried to post it… but my
post was deleted… Please look for yourself (on x)
& you decide… was just trying to give info re: plpl
Good luck to all
was able to scoop 6+ mill more left over from yesterday w/ GTC bid @ 4 as well
Not what many expected @ open I'd imagine yet was able to scoop 6+ mill more left over from yesterday w/ GTC bid @ 4 as well. Waiting so
Looking forward to the coming days and weeks
Great accumulation between .0004 and .0006.. I believe pretty much 1 thick traders out of shares. Time to move north
Morning Jaxxm, we are certainly very close to seeing it get hit.
Today .0008 possible
Good morning PLPL board
Lets get through those 6's today!
Good morning,
Things will start heating up and churning the issue is an absolute must to move into higher highs. I see us moving into the .0006-.0008 range today and then the churning will seem to take into account the volume. This part of the trading session is an absolute must. It allows us to stairstep on support levels before the next level of resistance. At this point, folks will start to get anxiety feelings and traders must act on solid reasons and not an emotional response where they remove themselves out of gaining maximum ROI. Question have always been asked on how I maintain a strategy without missing out or selling prematurely.
I have written many articles on how to navigate through the penny arcade and one article applies to the above sentiment. I wrote this back in the height of the takeoff of the penny arcade in 2000 by armchair traders. I hope this may assist some folks to navigate through this very important stage to maximize your ROI. This is known as 'The 3-day Rule...
3 DAY RUN-UP TRADING
Why not to buy a Stock after a 3 day run-up..
Here is a usual scenario on how this may come about.
After a stock has been trending down or trading flat for some time, suddenly one day it starts moving up, it continues up that day and then next day. On the 3 day of this run, it goes up, but for only the first 15- 20 minutes, then it drops for about 30 minutes, turns back up, but doesn't quite reach the morning high. After this period, it usually will trend down, and the run is over and in most cases this stock has finished it's 3 day run.
This program will work in most cases and does apply.
So, if you're a buyer, this method will keep you from getting Emotional into buying a stock that has ready peaked, only to drop right after you bought it and I'm sure, many of you had this happen when buying stocks. This is what is referred to as " Chasing an Issue". If you already own it, it gives you the timing to get out with usually the best profit or close to it. Whichever case applies, decide whether you want to buy it only after the drop. Depending on the stock, it can drop for a few days, and may take some time until the next 3-day advance. Be assured, that in pennies, this has been repeated over and over again with many of the same issues. This is what you have a "Watch list for" to track issues.
The rule here is simply to let you know it is over for now.
The next time someone mentions a stock, look at a chart and see how many days it has been going up. If it's not the first day or maybe second day of the run-up, stay away for the time being. In the first 15-20 minutes after the open of the 3rd day, the issue will usually drop or in most cases just stall...Now of course you must determine this by seeing if a PR and the strength of such PR warrant further advancement, but from the history of most penny stocks, these PRs only have a very short run span.
Although, the system is not perfect it does help in timing.
Sometimes a stock continues up until 20 minutes after the open of the 4th day before it drops. Selling your stock 15-20 minutes after the open of the 3rd day of the run-up is usually the high or close enough to it. You will go broke trying to find the exact top or chase into a run, forget about it and leave your emotions out of the trade. It is in this segment that Greed usually plays on your Emotions and Anxiety. Play the 3 P's.
And how does this help in buying?
Well, that is a little more difficult, but the system does work. It is mainly there to protect you from being a "Stock Chaser". But the system will work, and you must apply discipline.
Go to any stock website and look up a few stocks that are up....Jot them down...I only do this with OTCBB market stocks but does work on most issues.
Next, I take my stock picks and go to any chart site to look at a 5-day history. The 5 day gives you a nice feel of the trading chart of the last 5 days. Notice why the 5 days compared to the 3 days. This is so you will see the up or down on the 2 extra days and can avoid the pick. Look to see if it is the first day of the run-up. If it is the second or third day on an upswing, forget about it, since the above method has completed their run on these stocks, and you will be only buying into a run or when it is reading to peak.
If I have any choices left, then go to a chart to see a 1 year and a 30 day chart to get a feel of what the stock has been doing. Keep in mind that the past is no bearing on what a stock will do in the future, but it will give you an idea...This also helps in determining what if any reason for volume and price spikes or drops. Some chart sites allow your cursor to move along the graph for pertinent data with actual numbers.
My last stop is always the message boards, and my favorite was RB, but now I go to iHub and there are others. It is here where you can get a real good idea why there is interest or reason for lack on. I don't rely so much on what is said on message boards and ever react on my decision to buy or sell. However, these boards do give you a sense on what others are thinking and many will go above and beyond to gather up DD.
After you have made your picks on which ones to buy, I have found that mid-afternoon is always an excellent time because of lunch and the morning rush has calmed down. The mid-afternoon session is slow before a strong rally that many times comes before a close. I have found mid-mornings are also good for buying, but still leaves many with high expectations that moves a stock for no other reason than emotional buys and it is this play that you want to stay away from.
Now stay on top of your picks and see if the next day it has moved up and determine the volume. Determine if the highs are higher than the close and higher than the highs of the previous day.
On the third day, I sell it 15 to 20 minutes after the open to take advantage of the morning gap. That's pretty much it.......If your inclined to trade the same issues again, wait for the next above program cycle.
Not all stocks go up for 3 days. Some just flatten out and when this happens, just get rid of it after about 15-20 min. from the open on the 3rd day. If you fail to exercise this, you will be left with major % loss and may never recover. So, a little loss is much better than an overall wipe-out.
Stocks that suddenly go up and you see there has been almost no volume the days before the sudden rise, this is usually indicative of a sign that a newsletter picked the stock, or it is being pumped or hyped. The lack of previous volume makes the stock spike up.
This 3-day rule is a universal application and to each its own method of how one should conduct such a process.
Good luck and solid trading and as always, apply sound DD, but keep your Emotions and Anxiety out of this arena and trade for profit not greed.
I hope that this will help many to be able to at least maximize profit taking.
Have a good day.
varok
OMG...NOW WE KNOW....LMAO
https://ih.advfn.com/stock-market/USOTC/plandai-biotechnology-pk-PLPL/trades
Have No problem educating any of the investing public’s ignorance
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174250724
Hope this helps any & all….
So you're saying in anticipation of huge news someone is going to sell at these levels? LOL umm OK. Totally believable. Shares are being tossed into the float. From where is anyone's guess. Rational people would sell sure. But not in the volume being churned out.
BTW what does the catering business do? Cause it's hard to find any info.
Absolutely. Need to clear out the flippers. We will slowly push through though. A nice "stair-step" upward movement is what I like to see. If it goes up too fast, it crashes down even faster.
Shows shares changing hands…Alway needed b4 a sustainable pps rise
About 2.5 billion volume last 3 trading days, good accumulation
Absolutely. All eggs in one basket is never good. They have been making good progress on their financials and hoping for good things.
Volume: 404,031,299 Day Range: 0.0004 - 0.0006
0008 tomorrow I guess with strong base at 0005 now
Another great session. We will move further up the ladder tomorrow and should bode well for .0008 and Friday break .001 for the FINRA release next week.
Have a good day.
varok
Great accumulation day
80m added to the bid side in the last 45 minutes & those 6 s are thinning
Bid building .0005 at 165m very good sign. Tomorrow will be a great session. We may just hit .001 by Friday.
Nice slaps hittin
Bye bye .0006's
164 million bid x ask melted to 83 million
Lets hope so. 10's will be a huge problem to push through though. They always are.
Everyone is special in their own way 🙂
I believe 6ss will be history
Here I thought I was special, wait a second, I am special. Now I'm confused, LOL
Pretty sweet, could get through those darn 6's tomorrow!
Seeing two beautiful eyes there:)
peekaboo lol
They told me that too. They say that to most of their customers with high enough "Cleared Equity".
151 million bid x 85 million ask, melting
They told me that on the phone when I was talking to them once, That I was preferred, I don't really care
what is written, I'm sure if I tried to put 2 million in there they would make me wait for it to clear.
Anyways it's all instant for me. that's all I care so I will wait until it hits 2 to transfer, that's all I'm sayin.
Once it gets to 2 to 3X we should really start moving up.
Yep I’m watching Level 2
Ask melting, slaps continues
I’m liking it
I’m exactly in the same situation with E*Trade.. glad I held what I got.
Yep, you don’t lose till ya sell at a loss right
I don't think anyone was - three failed RM attempts? How could we be? I don't think anyone was thinking "I know they're going to be successful on this 4th attempt with a company in Taiwan." That would have been awfully impressive to have that kind of foresight. At least we held and waited.
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