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I did some shopping....
Cheap price for a KN 95 3M MASK
What is the profit margin for a WHOLESALER at $2.79 a mask?
.10, .15, .25¢ a mask?
2 billion / 2.79 a mask x .10 is a crap load of profit.
Compare SKTO to MMRF in March to see the correlation.
Chart comparison of MMRF (March) vs SKTO (Now)
SKTO came up in my formula today. Never heard of it. It screams buy, buy, buy! So I bought, bought, bought.
@Catapult Trader @ twitter
Next stop .04
60% gain from here 12.5.12 at .025
THREE LINE BREAK CHART
DAILY CHART
MMRF just came up on my weekly scans today. ENTRY .026.
This week is the beginning of a much larger move to the upside in the months to come.
Hello and good luck to all.
Looking forward to seeing where this ends up.
Was impressed with MMRF filings and tight ship.
Even if I'm a chart guy...it's nice to know the fundamentals.
BUY $3.35
BUY at $5.01
POSTING A TECHNICAL BUY HERE at $1.52
BUY today at $31.38
will post exit.
Fair enough.
I am normally not on I-hub too often. So I forget to come back to my posts for some of those recommendations.
I have been on here because of my entry into BBDA as of late.
But I will make a call right now with SLV.
Today happened to be a day with an entry in SLV with my system at today's close at $31.38.
I will post my exit point on SLV message board. Based on my exit signal we will see how much I have gained or lost in the days coming up. Then we will see how well that exit was as the days progress.
I did tell everyone, that was a day trader, to get out of BBDA on the 16th of AUGUST. I got a lot of flack...but that was the HIGH day of the year, so far.
I was eluding to systems out there that can be profitable with a ratio like that I was not referring to mine.
Sorry for the confusion.
I did not enter on the anticipation of the numbers.
I entered BBDA 11.2.12 because an indicator told me to do so.
Average entry of trade was at .0063.
Typically after my entry the price can be expected to come back down from it initial push then bounce and proceed with a large leg up.
So far I am still in the profit and by end of next week plan to be really happy with my trade. I normally underestimate the length it takes for a move to happen so maybe two weeks might be more realistic.
At this point I would invest more and will.
I am not always right...and don't state to be so.
But with good exit points pre-planned and a system that is 55+% correct you can make a lot of money.
My exit signals are over 80% accurate in picking tops. The same is not true in regards to my entry.
PS. FUNG...I will post on here when A**L will kick back up. It could happen tomorrow but the indicator hasn't hit yet.
No.
Why?
Because a lot of times fundamental information can be interpreted incorrectly. And, YES, so can charts if you are not good at reading them.
I happen to be great at chart reading and diagnosing the near future.
This is not to say there are not GREAT fundamentalists out there, because they do exist.
But it is much easier to read a chart then to decipher the multitude of dynamics that can affect a stock price.
All of the negative statements in the past year have been all the same while BBDA climbed 2300%.
And all of the negative statements in the past nine weeks did not effect BBDA's chart one bit...in fact just the opposite is happening. It looks extremely healthy...no matter...how much evidence/theory/crazy ideas goes against this logic.
So the point to my story is...go to the library and read all you can about charts and idicators.
They work.
Skipper, if I am not mistaken, you were here weeks ago when I called the high to the day of BBDA at .02.
If not, I am a TECHNICAL CHARTIST, I don't care about PR's from BBDA, or financials or all of I-HUB conspiracy theories.
I don't care about BW's lack of a track record.
I only read charts to make professional decisions in order to make money in the markets.
I only come on here to let other investors and day traders know when I think it is an excellent EXIT day or an excellent ENTRANCE day.
When I called the EXIT day....the majority of over zealous traders scoffed at me.
No matter how much negative things you have to say...it is not going to change the fact that BBDA is finally turning around after nine weeks of consolidation.
So keep ranting and raving...it isn't going to effect the chart one way or the other.
BBDA is going up. Why? Because the chart says so, not me.
4.8 million shares traded as of 12:38pm est.
4.8 times .0071 = $33,059 / 2 = $16,529 of selling shares approx.
YEP, SKIPPER, you have just proved that you're a day trading genius.
And us being all LEMMINGS who follow day trading geniuses...should dump all of our millions of shares of BBDA.
Especially since BBDA is STILL above the EMA(5)...this is the ONLY prudent move of action left to us.
PANIC, I say, it's outright PANIC!!!!!!!!!!
SELL, SELL, SELL!!!
EVERYONE, UNLOAD, GET RID of BBDA...it's tainted with pure lies and deceit and let's not forget typos.
Those pics of Wal-mart shelves full of KOMA UNWIND drinks are photoshopped.
Those convenient stores with UNWIND cans in their coolers are cardboard props.
BW is a terrorist trying to impose relaxation to the world to keep us unawares of his diabolical intentions and deeds.
We are DOOMED, I SAY, DOOMED!
SELL, SELL, SELL!!!
BBDA up 5.48%
The sky is falling....DOOM I SAY, DOOM!
The end is near.
.0000001 in the near future. (I think I forgot a few zeros)
Get out while you still can.
LMAO!
DOOM! DOOM!
The end is near!
LMAO!
I second that THOUGHT.
THOUGHTS?
Based on the most recent activity in the past five days preceding this one. (putting all news aside.)
BBDA has had a 53.84% increase.
Put that into day traders hands with todays news...
There is going to be a sell off for those looking for a short term gain and a nice gain it was, by the way. (IMPORTANT NOTE: after todays slight downturn of 8.75%, BBDA is still above the EMA(5).)
A stock price's CLOSE never strays too far from the EMA(5) on any chart, if it does, it has to gravitate back to it shortly thereafter.
As a chartist, short term resistance has been broken through to the upside (indicated by the PARABOLIC SAR being under the candlestick for the past three days and as of today the next intermediate breakable level is .0137. This number (determined by another indicator of mine) will continue to move downward slowly as price tries to reach ever upward to meet it in the middle somewhere.)
After this next major level of resistance breaks, BBDA will be making new highs once again.
The bad news is that BBDA has had some downward pressure from the SMA(50) and SMA(75) and UPPER BOLLINGER BANDS right above the high of the last two days.
Once BBDA's CLOSE closes above these last three factors (which should happen all within the same day, since these factors are so close to each other), price will have a dramatic upswing.
As of 11.7.12 PRICE is being squeezed from below by the EMA(5), EMA(12) and the EMA(20), EMA(100) (Which is great support here) and above by the SMA(50), SMA(75) and the UPPER BOLLINGER BAND.
The EMA(12) is about to cross the EMA(20) to the upside. +++
The RSI is about to go above 80 for the first time since 8/20/12. +++
The +DI is about to cross above the ADX line on the weekly charts (which is also a screaming yes to buy.) +++ +++ +++
EVALUATION: LOW RISK/HIGH REWARD scenario.
For all of those that hung on the last eight weeks, things are now on your side.
For those that jumped ship, like I did, it's time to jump back on board.
I forgot the double bottom that was formed at the end of OCTOBER.
Thanks....slomofron for the praise,
It's been a long wait and a large and dramatic consolidation of BBDA shares.
BBDA looks excellent in the weeks coming up.
DAILY CHART
The KST (halved) has finally come alive and diverging.
The MACD is doing the same.
The HEIKIN ASHI chart has shown three up tick days.
Today's CLOSE closed above yesterdays CLOSE that broke the PARABOLIC SAR yesterday.
The +DI is finally above the -DI.
WEEKLY CHART
Postive things to note on WEEKLY CHART of BBDA
Bouncing off the EMA(50) nicely (as expected)
The +DI never came close to crossing the -DI before diverging which represents tremendous strength on the DMI.
The last seven weeks of downside have followed a very narrow and condensed channel, representing wound up strength going forward.
The KST hasn't swung around just yet and the MACD is still flat on the weekly. (but the MACD is still above 0 after a long and drawn out consolidation)
Ignore the negativity and read the charts. The charts will make you money in the long run, not opinions.
Hello to all the BBDA watchers and investors.
Today is the day, NOVEMBER 6th, 2012, based on my indicators to get back in to BBDA.
The day is not officially over...but if it maintains a close above yesterday's close, .0075, it's definite.
Good luck everyone.
Looks like blue skies from here.
George
charts are proving you to be correct. If you meant GLD is bullish.
In the next few more days expect more upside. At this point on the next long day...I would take profits off the table and keep your initial investment in until further notice.
If the sar breaks to the upside in the next day or two (it is almost there now) you will have another short leg up. But GLD is getting top heavy now and needs a correction.
If the Sar does not break in the next day or two the correction will happen now.
Based on my system my buy in would have been on 7/26/12 and also based on my system I would have been completely forced out of the position on 9/12/12. This is using the daily charts.
On the weekly charts I would have taken down all of my profit but kept in my initial investment on 9/21/12 from jumping in 7/26/12. The initial investment on the weekly looks like it has another week to two weeks left to ride out, maybe even longer.
So summation, in the short term expect a dip, with continuing longer term uptrend.
The downward spike a few days ago is going to be an EXCELLENT reset point for the next positive SAR. (this is always a great sign if it happens quickly.)
The lower the POSITIVE SAR from price, the more upward momentum to continue another push up.
The chart looks really good IF this continues and hits the negative SAR really soon to reset it.
CHART with SAR
BBDA did this very thing on JULY 24th, it could be ramping up to do it again.
:)
Yes, based on my own advice, I was able to jump out of BBDA and jump back in BBDA with a lot more shares.
I am NOT always right, and this is NOT the route for most common investors, I actually advise against it. Like others have mentioned you could end up with a lot less shares if you cannot time the market correctly.
My advice is for DAY TRADERS only. Like I said before in previous posts, LONG TERM INVESTORS need to ignore my short term insights.
TRADERS and INVESTORS hear different beats to different drummers (different time frames) but we are all here for the same reason, to make money.
You laugh, hmmm,
I was able to almost double my shares in BBDA and those that followed my advice would have been able to do so too.
This is not a laughing matter.
The scenario is better for long term investors in BBDA because it takes more shares off the table creating more demand.
So laugh all you want because it is cutting off your nose to spite your face.
I am not one to predict future price.
But I nailed the resistance at .01 and .02
I see the next resistance level beyond .02 being .04.
How long it takes us to get there is beyond me.
BUY SIGNAL
BUY SIGNAL
The day is not done...so it is a bit premature. Must wait to be confirmed by end of day.
But based on my previous post, this post is the reply to that post, this is a day in which I would buy if it ends as a WHITE BOX day on the daily.
...and that too!
To answer your question PSALLINGER.
I specifically use STOCKFETCHER to find stocks based on my formulas.
That is how I found BBDA weeks ago on a weekly scan of mine.
Then I use plain old charts for entry and exit, with indicators of course.
Reading charts is a skill.
Even though some people don't believe in it.
To each their own.
I'm on the sidelines waiting for an entry signal.
Which, I am sure, so are all the other day traders.
I keep getting request as to WHEN is a good price to jump back into BBDA.
Well PRICE I can not tell you.
But I have an answer.
SEE CHART
DAILY BBDA CHART
When the next daily bar is WHITE on the HEIKIN-ASHI chart above.
The STOCHRSI is negative now...Like I said before buy on DIPS.
This was a doosey of a dip...but it looks healthy so far.
There is your answer.
See back on chart on JUNE 14th and JULY 16th at recent buy in days...after being oversold.
Your FRIENDLY CHARTIST GEORGE
I need to give a reference point on that last comment.
On the 30 minute 10 day chart it appears to be bouncing.
If it bounces from here which it looks like it is doing right now.
Yes I would buy.
Yes. To date, BBDA's price action has been very solid.
This downtrend doesn't mean it won't come back, necessarily.
It still is behaving well on the charts, action wise.
I do believe their are a lot of traders in BBDA for the long haul.
All healthy stocks have pullbacks.
The problem is, a healthy pullback is defined by making new highs once it is over.
We must wait for NEW higher highs from BBDA...so this pullback will be defined as such, if this happens.
If it does happen BBDA will come back very strong. All the schools of fishes will be back in it.
Here is what I hate.
I HATE not listening to my own SIGNALS, then staring at the slow rollover of my stock losing profits everyday until I can't take the pain and misery anymore.
The deterioration of my capital and the time sitting in a negative positive kills a trader.
The funny thing is, stocks are really not our GIRLFRIENDS...but yet we imagine them as such.
We fall in LOVE with them and think they can do us no wrong after they have treated us so good.
Again, I stated on the other message board, their is no such thing as a bad stock or a great stock.
Stocks simply go up, down or sideways.
Go long, go short if you can, or just ignore.
I'm not a pumper. I just say it the way it is.
I'll be back to my old girlfriend, BBDA, when she puts some better make up on.