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Pretty soon it'll be bid .0026 ask .0027....then .0024 - .0025.....and so on....basically because people can't get stuff done on time anymore.
What a world
Sell. Then buy back after it gets to .002.
This looks like it's setting up for a minimum .004 run in the short-term.
IMO
Don't laugh too soon. :)
Wise words :)
I just bought 300,000 that showed up as a sell.
Where there's smoke, there's fire.
Incidentally, did we pick up another MM (BNCH) on the ask?
C'mon. SELL !
.0049 .0049 !
Flip!
Thanks. You couldn't have waited for this to dip before you posted this?
This always happens to me two days before funds clear and I can buy more.
Curse you!
I'll respectfully disagree with you.
Good day today for people getting in on that dip.
Cheers!
When it was .0061 people should have slapped the crap out of the ask. It would have cleared .0064 / .0065.
Fail
There's always tomorrow.
Bid .0060 ...here it comes.
A break of .0061 will lead to .0065 in no time....then pow. IMO
Look again. :)
Now the bid just jumped from .0053 to .0058. :)
Yup. Got walked down and then spiked back up. Bait and switch? They did this with Ford the other day and caught a lot of peeps off guard.
To be specific, what happened was this: Ford inched up for a month and then one day it dove as if to incite a reversal....then it took off the next few days in a row. Granted Ford is a different stock than CBAI, but the principle is what's important IMO.
Stay sharp, people.
You guys with L2 see where the ask is at? :)
Looks to me that the MM's did a nice shake.
You mean, besides the US Government? LOL
It was an unwarranted, concerted feeling that they might get left behind.
JMHO
I might agree if there was a "pump" that could easily be linked to. There wasn't any as far as I know unless a newsletter came out or something like that.
Predict a 200 day SMA close, or just slightly above. Next week looking good too, IMO.
Bottom here, I agree
Getting close to explosion time. 'Bout time, too.
GBG ! Bernanke prints inflation...gold go up!
.004 gap up in the am.
MXGD on a huge bounce if anyone's interested
MXGD on a huge bounce if anyone's interested
I use scottrade and as far as I know you can't short penny stocks with them. Even if I could short I wouldn't. I've never even practiced it.
I'll say .0021 / .0024 range for the bottom. I think it'll drop harder depending on the bid orders standing if it drops due to news or some sort of PR.
I saved some powder just in case it cascades downward on a fake MM shakeout.
I'll tell you guys what...if some some reason this takes off into the dollar range....I'm gonna sell and buy Gold and Silver. Then, and only then will I breathe easier.
yeah, but a bird in the hand.....
You're right though, risky as hell, but effective if you don't get greedy. Both times I used the 60 minute chart to place an order which I barely filled...but also also sold according to the 60 minute chart.....just barely. Greed would have meant waiting for .0049 even though I think that is the next short-term resistance.
I've been playing the triangle I see and basically just placing orders within its support and resistances.
Like I said...it's ready to break (IMO) which means it'll either climb to tap into .005 - or dive into the sub .003's.
Which way? That's the 60,000 question. :)
Lear. 365000 bought @ .0031 in the am drop and sold all 365000 for .0035 at the close. Those last few green trades were my sells. Only $146 made, but my core is now in the green.
I was soooo hoping for .003, but I'll take what I got.
I think this will break either Friday or Tuesday...but still have no guarantee about which direction. Up I hope.
Cheers
Matt. We need another USOG updated chart. I see a new resistance line about to be busted.
TIA
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55619222
USOG bounce off the 50 day SMA
I agree. Charts help take the emotion out of the trade decision.
MACD buy signal on the 15 minute daily chart.
Decent support when it hit .0031 this morning. Didn't quite make it to the 50 day SMA, but oh well.
I bet we close above .0034 today as a prelude to a bounce.
....but what do I know. :)
Strategic silence
It's not where you start, but where you finish that counts. :)
Charts work!
I have Scottrade [like it] and they'll only allow me to place the price 40% above the current PPS.
No worries.
Play it safe. Set your stop loss in case it breaks to the low side. I'd say .003 AON should be safe enough distance.
Just my opinion, of course.