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I guess I bought yours. This is my first trade ever, i'm so excited! I put in my entire trading account at $1.23 for the sure thing to $3 + GLTY
All in POTG @ 1.23! Going to $3+ soon. Too da mooooooon!!!!!!!!!
At this late point if you're not in, you're better off playing the bounce. It will inevitably drop 50-70% within a short span and that is the time to buy for a big bounce play. I would not be buying up here, but rather scaling out.
LOL yeah and there is a huge possibility that i can cure cancer, but hey you never know for sure right. Just ride the waves but don't marry the ocean. GLTY
That gap from .18 to .26 will not fill until after the run has ended sometime in the week ahead probably at .60's-.80's. Then when the crash comes, that gap will then fill at that point as dilution takes over. Happens everytime. The gap i was talking about is the gap from today's close to tomorrow's open probably in the high 40's filling. GLTY
How exactly did you make 60% when no trades went thru lower than .26 today, which is a 44% gain from that bottom to the highest trade today?? Just curious on how you magically made 60% when the numbers say that is impossible?
There will be a huge gap up tomorrow... on the open. My advice is to sell that gap. Then get back in later after the gap fills. If you haven't bought yet, buying the open tomorrow is a fool's game. Wait 30 minutes and you will be able to add at much much more attractive levels. Or if you're holding you can just pass on those huge opening profits, lol, its your profit to lose. But I can guarantee you that if you don't take your profits at the open, there will be someone else to take them, like me. :)
Yes, I totally agree. And the penalties for intentional misinformation release for the purpose of selling stock should be very harsh federal prison terms, not just civil prosecution by the sec and disgorgement of gains, but felony prosecution with real prison time attatched.
This epidemic of securities fraud in the otc market is getting outta control. Between this and saei and thrr, etc it really puts a sour taste in the mouths of traders. The sec has got to do something about this fraud, its just totally out of control. It gives a bad name to legit companies on the otc like actc, lbsr, etc, are painted with the same brush. This damages everyone's confidence in the markets.
Irrelevant as to your ability to sell shares. The penalty for a free ride is simply a restriction after three free rides as to your ability to purchase shares with unsettled funds. You still had full ability to sell your shares to avoid thousands of dollars in losses, which would have been the smart move. GL
You can always sell Nighttrain. You obviously don't understand the rules. You need to go into a branch and ask for a tutorial. There is no scenario EVER in which you cannot sell your position.
BINGO!!!!!!!!!!!
Thank you! A breath of fresh around here!
I am holding mine even tighther now!
Loading up more on the dip, if there is one tomorrow!
You posted this on 12/16. On 12/17 supatcha was suspended by the SEC.
Just one of many many misguided posts trying to convince others to dive into this stock. You have been 100% wrong from the start and there is no reason to think anything is different now then it was at nearly $1.00 per share. I'm sorry but your latest post continues to be 100% incorrect.
Hey i'm certainly no Tim Sykes, but i'd say this will touch 15's tomorrow, and then probably bounce to 21's or so. Following that the next stop will likely be 11's or lower. Thats just my amateur opinion so take it with a grain of salt.
I'm sorry if my post upsets anyone or they think its insensitive, but the truth is often painful. For what its worth, I lost a lot of money on a similar situation (spng). And at the time nobody was there to warn me. I had to learn the hard way. At least you had the benefit of warnings. You chose to ignore all the red flags. That is a tough pill to swallow but it is the truth. This is an opportunity to learn from your mistakes and never let this happen again. I learned a lot the hard way on spng, but as a result, I am now a better penny trader because i can distinguish quality now. Don't let this experience sour you on all penny stocks. They are certainly not all created equal and there are plenty of legitimate promising companies on the otc marketplace. GL to everyone on their future trades.
This was a great ride. There was no reason to sell until the peak last week. Then its time to sell and move on. Why in the world do people insist on fighting the obvious. This had a spectacular run and ended in spectacular fashion on massive volume last week. Here is what I posted minutes after it hit .52 If people would just use logic and common sense instead of blind greed, they would make a nice profit. Simple as that. Good luck to everyone still here, especially those still holding 30's, 40's and 50's, you will need it.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58205710
You were all warned countless times. I feel very bad for anyone who got stuck in this. But remember this: you really have only yourself to blame for losing your investment. Everyone had warning ahead of time and everyone had a chance to get out at a very good price regardless. Wishfull thinking and rose-colored glasses are a death sentence in the stock market. Everyone stuck here has learned a very valuable and difficult lesson. Good luck to you, you will certainly need it in the future along with a large helping of logical thinking.
.52 was the peak. It will never exceed .52 imho.
I agree. Just keep some powder dry in case it goes lower. All technicals are pointing to a bounce soon, its just a matter i think of getting through the supply around 15's and we are off to the races. Hopefully that is tomorrow. Good luck.
Ya I agree with that logic. Good luck to you.
Set lines in the sand. Buy it at 11's or lower and buy it at 15's or higher. Leave it alone in the vacuum zone here, this is sorta technical no man's land until the 15 break or 11's support area.
Of course there is always the chance that the rest of the shares will be reset to sell at a higher level if the seller realizes there is good buying pressure coming in. Who really knows for sure. That is still my hope anyhow.
Don't care about dilution huh? Well I wouldn't even try to argue with a statement like that, its just too obvious.
Your problem is you are failing to take into account fundamentals like a 68 million share dump in progress. This will go lower until the dilution is finished. If it were that easy, this would have tore through the 14.9's and 15 at 2:30 pm, on the 10/60 ma cross. But you notice the mm's did not budge from that area even with huge buying volume. That is obviously the line in the sand drawn by the diluter. They will continue to hold that level as a selling point imo until they are out. You need to take that into account in your trading strategy.
Looking for a nice base and steady rise back up here. Should be relatively quiet around the holidays, but continued patience should payoff in the near future. Hope everyone has a nice holiday period. I'll be traveling, but I'll check in here from time to time. Happy holidays!
Oh shoot now ur only up 0% now, lol. Or did you sellout for your loss by now, just wondering.
Too bad for those who's funds haven't settled. Just ask the bhub folks about that. If you sold wednesday, or yesterday you will be stuck in limbo for a while it seems. Hopefully the government can recover some of the money from the clowns running this scam. Good luck to everyone who was negatively affected here.
Well hopefully this is the new bottom. I believe that as long as auto is nearly done with converting shares, we should be able to move back up slowely but steadily. It is frustrating that auto was so agressive in its conversions. They easily could have let this rise and still convert, but alas they aren't so smart at auto are they. They sorta messed up the chart now. But I am still long and strong. Great things will come to those that wait.
Whoa someone is loading the boat here. Now why would anyone load here? Chart still looked bearish on intraday, but I really think someone knows something....
Testing the 10 dsma. Looks like strong support around 0575 area. Time to load more.
UXG is a great example, at 7.18 and a mere 4x the o/s wow. That is definitely the sort of path we are going to be following here, of that I have no doubt. Just need to get rolling on some drilling! Then the institutional money/uplisting will follow.
I was going to respond, but then I read your target of 0001, and i thought "why even bother to respond to that". Its really not worth the response. Basically you just told us everything not to expect over the next few months. Very good contrary indicator, thank you.
The bottom line is we all believe in lbsr and we all feel the stock is crazy undervalued. So lets focus on that and not snipe. LBSR has been great and this board should reflect the quality of our investment. So lets put all the talk behind us and focus on the issue at hand, and that is lbsr.
Check his reply to my reply. We are all on the same page here. No need for anyone to get upset. We all agree on lbsr's gross and rediculous undervaluation, just by varying degrees. Lets have a great day everyone!
Looks like they have a filing out saying that they will be 5 calendar days late on their fins this quarter due to the auditors not having finished their review. Pretty much nothing of interest there, I believe they filed the same form last quarter for a slightly late filing. Hope they getting a discount on their auditing, lol.
I agree sometimes the estimates here get carried away, but my main point has been to illustrate that whatever the ultimate value of our shares ends up being, whether thats .25, .50, $1 $2.50, at this level here, it is rediculously undervalued by every stretch of the imagination. And as Brikk would say, "who cares about production." Ztem (done), drill, and then sell to a major. The major, whether its anglo, rio, etc will worry about the years and years of production work that will go into our claims. Our end of that bargain is close at hand in terms of a deal being struck.
The key to understanding LBSR
The key here is to remember that lbsr is not your typical penny play, that has no assets and major liabilities. LBSR has fundamental assets (and lots of them). This means that while the typical penny stock will likely rise and then fall just as fast, that is not what to expect here.
This is NOT a flipper stock, this is an investment. While there is nothing wrong with taking profits as this stock rises, this is the sort of stock that it is wise to keep a core position in for the long-term. That is something I would never recommend to do in literally 99% of other penny stocks.
This is an investment stock and due to the fundamentals there will be a bid in this stock over the long-term. Just think that at 04-043, lbsr was able to pulloff a rare (for otc stocks) private placement for over $1 million. That is smart institutional money. You can better believe nobody would risk that kind of money on a penny stock unless there was justification. So whatever the wiggle jiggles in the short term, always keep your eyes on the prize.
That just means we get to $1 instead of 33, lol. Either way whereever its going to stop, its obvious the direction is UP on our fundamental value. Total market cap stands at $43 mil as of right now fully with all warrants taken into account. That is a preposterous and rediculous undervaluation, when our neighbor is at $1 billion market cap, wouldn't you say? Oh ya, and they don't even have uranium claims in Arizona, lol.
I beg to differ. Remember that we ran from 02 to19 without any pr's back in August. Yes the lawsuit slammed us but it is completely resolved now, and on terms that were much more favorable than what was being priced in immwdiately after it was announced. So now there is really nothing to hold back the resumption of our natural rise toward fair value. And keep in mind that 02 to 19 (would have been even higher) in percentage terms is about the same as from where we are now up to .40 so I happen to think that post is pretty realistic. I will say it again, do not make the mistake of underestimating LBSR.
If everyone flipping this knew what was going on in the background right now, I can guarantee you, nobody would chance to flip this stock at this moment.