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Come on over to the new mgen board!
What do you guys think is going to happen Monday? And why...
No, I was short yesterday afternoon. And, I already closed my short position. Made 52%.
Not really, we cleaned up here, got in between 5-6 sold 13-16.. Was hoping for 20s but profit takers and shorts kicked in so got stopped out.. Was a fantastic few days! Multi bags all over the place past week. ETRM was first 10 bagger of year!
daytraders/pizza-traders are out, volume decreasing.
One-digit again eod.
KS
Shorts winning ... Ouch b
Would rather not say dollar amounts but I do well.. And every trader always takes their hits when starting out, the key is to learn from them. Over time you will learn when to hold them and when to fold them and how to maximize gains and minimize losses... One mistake, people make is they don't realize how much work it is. If you put in the work, have the right tools and have good discipline you will be fine but trading is not for everyone. If you are not behind a computer during trading hours then the volatile plays are not for you.
Happy Trading! Looking forward to another great day!
Looks like some shorties tried pre market, more trapped on this low floater!!
UP TREND, glad you grabbed SGNL and we both did well in ETRM. Watch QBAK now and AVXL for 2017. Let me know your short term ideas.
Looks like it's falling. Run out of gas.
Bill,
good luck to you and SGNL. I sold yesterday and the reason is the following:
- after the merger they will have approx. 19m outstanding shares
- based on that the actual market cap is approx. $300m !!!!!
You should not ignore the market cap please think about that.
KS
Dollar 50 Target Set ..... very Near from here now ..... 1 more gain of 100% here it goes about dollar 35 and than just 50% gain and thus goes about dollar 54-55 ...... Weeeeeee
In early to mid November this was a .12 stock, that's 12 cents in a little over a month ago. So what does that tell you people. These are scam stocks that make a lot of money for so few people. Unbelievable.
Turd, I heard that or if you got in very early in the day. These usually play out within 3 days with late buyers getting stuck with shares they cannot unload and lose most all their money. That's why I asked about how much and the answer seems to be (only what you can afford to lose). Years ago I lost 20G on a penny stock You have to be glued to the sell button. You go the the john and could lose big time.you need to be a professional day trader who knows how these low float ennies work. The company fundies don't mean nothing as most are reverse split fraud companies.JMO, no sour grapes here and give any retail trader who makes money trading these stocks his props.
Any ideas if we have a short squeeze coming? Seems like the huge run up may have had a lot of covering?
Do not risk anything on these plays unless you are in the group of traders that is running the stock. Only the people manipulating the float will profit consistently.
Let try one more time, ETRM
Typo, That ERTM , sorry
UT, How much do you risk on these low float spec plays? If to personal than that's fine. Just curious. Personally, I got burnt on a penny and still hurts.
I'm a long term investor 6- 12 months but when I see these low float momentum plays, I get icthy. I was watching ERTN@ 2 and change the last 3 days and did nothing so I got SGNL @6 but only dipped in with 100 shares. (Gun Shy).
Lol, there must be someone in your group following me as well. There was no one here this morning and then the party started after sharing this play that someone else posted about on ETRM board.. I'm still playing same ones tmrw until these are done, only day 1 here...OWCP is my favorite long hold. Have a bunch of mmj plays probably will add more this week have a list of 300 mmj I have to chose from. Gold and Oil I play every so often. Also have some longer holds, treat as portfolio stocks.
Each day is different, I usually play what market gives just have to dig and find it that day and decide on strategy. If there is a low floater with news, you will most likely see me there, love short squeezes. Take money from shorts not your fellow traders.
This week looks like domino effect for squeeZes.
Of course you're here too. lmao.
I played ETRM, SGNL & BIOC today. overnighting DGAZ & back at it tomorrow. What are you looking at tomorrow?!?
Any ideas how far this thing can shoot up? I started to look at this at 13, but didnt notice the low float.
Read the filings...looks good.
Merger news, noticed ridiculously low float, saw shorties struggling so went for the jugular.. Float is locked down, get ready for fireworks!
No clue but in the short term we are gonna be flying past 20!! Too many plays going crazy so will do some additional DD tonite if I get some time!
Any idea where this could go after merger? How about in this frenzy?
You're right, no short would hold their position over night with SGNL after seeing what happened today.
Don't be surprised to see 20, float is 500k and locked! Doubt many will keep their short position after seeing the number of short accounts getting wiped out this week!
SHORTS ARE IN TROUBLE!!!!
Possible $17 by the EOD.
New HOD!! Getting ready for a wild ride tmrw!!
Sounds good! I wouldn't be selling all in 20s, with a mere 500k float would not be surprised if we get parabolic... Hopefully we trapped a few more shorties here today:)
Not selling dude, will sell on the 20's.
Holding strong here!!! Just getting started.
Am I the only one having fun at this party here! Bring on HOD!
What happened, mice didn't like the cheddar?? Can change if to Gorgonzola..
This will be one of the funner short traps, float is so tiny!
Gonna be some dumb shorts looking at percentage gain without seeing float that will be trapped and chasing!
Now you know why I said it's way too early to scalp:) 500k float can be devoured in a heart beat and we have merger news to add fuel to the fire!
Definitely not selling today, float is only 500k and merger news! This can get crazy.
This thing is a beast!!
where the heck do you see this stopping?
I know right need 10-15 eyes lately SGNL!!!
Saw it but was caught up with ETRM and OWCP flying so didn't have time to look into it.
Nice !!! And did ya see DFF$ it's rolling right along, caught at $4
Tiny tiny float,ihub alone could lock it up.
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