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out RPC .80...action is too slow ...
I'm back in again at .80...bought earlier premarket at .711 and set a sell order for .83...it filled in about 5 min, lol...
Am of the mind RPC rocks today. Many are caught between a boulder and a hard spot. What do you think they will do?
I believe it...I'm waiting for lower again...this news isn't all that great......is it? LOL
Would you believe I got .85 and rebought just secs ago at .80 :)
that's what we need...a good pump to sell into!
nice...to da moon now...and beyond...
DAYM! They just sold at .83!...maybe I should re-buy?
Radient Pharmaceuticals Expands Distribution Partnership With GenWay Biotech
filled a few RPC .711
thnx...yeah...it was up in AH trading in the .77 - 78 range which I thought was weird...I bot back @ .715 so if it only drops to .70 I'd be happy...lol
Hey I think it bounces today..I'd like back in...at .70 of course..
that filing has yet to be voted on and carried out.....currently a proposal if I understand , you know...with my limited dd abilities.
great...I carried over...
RPC...reason for the collapse yesterday?
filed Apr 08 (yesterday)
We Believe Our Plan Provides Significant Value to Our Existing Stockholders Despite the Dilution : We believe that the Plan will provides RPC with enough robust financial resources to make RPC’s IVD business a huge success. Yet, the Plan calls for the conversion of up to $6.3 million in various debt obligations, the sales of up to 30 million new shares and the creation of a new incentive stock option plan for management and employees of up to a total of 6 million shares. If all of the Proposals in this Proxy Statement are approved and the proposed transactions are completed at the floor pricing of $0.28 per share, the number of outstanding shares of common stock will be 87,970,363. Although t his would result in an effective dilution for existing stockholders of approximately 287%, the Company and our stockholders will receive approximately $11.4 million in new capital, the potential conversion of up to $9.6 million in warrants and the elimination of approximately $6.3 million in debt, which may provide a combine improvement in the Company's balance sheet by approximately $27.3 million.. Management believes that the plan will be sufficient to cure the deficiencies cited by the NYSE-AMEX to satisfy their Continuing Listing Standards and remain in compliance therewith.
oops...I still have 7k...a low add I forgot to add to my sell order...maybe I can get .89 for them?
RPC all out .815
I usually screw myself when I get stubborn & hold...not this time I guess...
I almost gave up too! lol
or that...bouncing for ya
not nice....desperate!
thanks! I'll probably be ok now,,,added again .685
unbeal...you prefer tankers & I prefer forward split crap
dang...took my lumps & am out...next
TYhis is why I play tankers instead of momo runners...these are very likely to fall hard...a tanker has most of that risk already out..
looking at the chart on this one, I see now why it can't hold anywhere near the highs...
another blurb of news out at 10:34...it aint helping...
I was at 1.09...lol...
no...late with the sell...I had it set at...guess where...1.05...thne fugured it would go back over a buck when it was in the mid .90's...stupid me...
we were both early it appears...
I added .81 and .765...
me too...just got some under .77
I'm building a turdpile here...RPC
ABIo...now I guess it'll settle back to 5 after that little spurt...
ABIo...there it goes on it's one daily run...lol
nope...will play it out
me too...add some!
dang...when I did an iHub search I saw that it was talked about a lot yesterday including SHAKEY - I missed it completely yeaterday & will end up a bagholder on it...as usual...
RPC 2nd day wonder so far
Filled a couple of buckets on this one.
AMIN had some spin off news...no trading so far PM
that works for me...should be goofy once the market opens for regular trading...hope to get out before the infamous 424B hits
I see...hoping it'll go halfway back there again, lol
ABIO...good for one good spurt/day & then it falls back...lol
it hit 1.42...lol
I paid .94...lol...
what the heck..it's only up 140% right now...I took some at .88
Everyday I see and often play (sometimes successfully) stocks that are up or down a ton in pre market. For example, these might have moved huge on minor news and irrational exuberance into open creating a highly inflated or deflated PPS. This turn around 9:35-9:45 a.m. EST on these plays is often the EASIEST and must lucrative play of the day. Especially on the very liquid mid or large caps with underlying options.
This board is dedicated to the a.m. bounce or reverse bounce into open of the U.S. Markets. Specifically a stock club that scans a.m. gappers or tankers and looks to capitalize on the sharp a.m. turnaround.
I really would love some participation from like minded individuals who would like to work together and truly capitalize on the a.m. reversal.
My idea is to get in and make an a.m. scalp on this volility and call it a day. For more on showmanship and leaving on a high note please take a lesson from George Costanza http://www.youtube.com/watch?v=QpUyb37CFT4
#1 RULE: From 7:00 a.m. EST to 10:00 am. EST lets work hard to identify that play and/or plays that have made a very unjustified move and we can make some cash off the volitility. Thanks to all for your participation in this objective.
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