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Hank... Im counting on it!
It is true, tax selling is over. I had to do some myself to offset previous profits in the year. Lets hope Jan. proves to be good for many pinks with a fistfull of promises. It can't get much worse from here. This is the only stock I lost money on this year, But I still have my divi.
Doda....AHHHH, don't you just love pinks. Dishonesty rules. You never know whats really going on in any pink. Thats why you never marry these pink companies. Always be ready to sell at the first hint of fishyness.
As we all know, every penny has great potential with unending promises. I have owned many to know this. Also most are waiting for AF's which never seem to come. Lets hope this penny is differen't, for all of our good. I do believe the pps does have a base of .002. I do want this company to succeed also. I myself own 800,000 shares, but I always have my reservations with all pennies. If all did what they said, I would be a very rich man today.
That was a great post, but sounds long term and if it is the pps will go nowhere. Lets hope not.
What positives are coming in jan? What are we looking for here that will bring up the pps? Sorry im out of the loop here. Still holding shares but want to know whats really going on. Thanks and happy new year to all.
Who knows. IBCX is posting same hope. So are many others.
It's funny, how on every pinksheet board everyone is waiting for A.F.'s. They usually will never come. Focus on other things. Its every pinksheet companys dream to put out A.F.'s. Thats why most of them will always be pinks. I hate it when companies put out this hope. Just do it and quite posting it There is other things that will move the pps.
We might just get a very green week. Bought more today at .0023. This stock is turning around.
Dale1953... Thanks for the info.
Well merry christmas all. Was hoping for a rise in pps today but it did not happen which means pps could drop more, sad to say. I had to sell all today for tax reasons since this is last day to do so in Canada. Had a good profit year in another stock so the loss here will be good for me at tax time. May buy back next week. At least I made alot more than I lost this year so I can't complain. There is not always a reason why pps suffers. There is not always a good reason pps rises. Thats pennies for you. I bought a sony 42 inch LCD this morning For really cheap at a boxing day sale. At least that will cheer me up after what this stock just did. Have a good happy new year all. Remember whats most important at christmas, Family and your relationship with God. Without these life is meaningless.
Lets have some green for christmas. Would be nice to finish off the week with a green day. We need a run next week to finish off the year with a bang. I think we can do it.
Pop.. I too have no hair left after the last 2 weeks. OH well, I'll save on hair cuts.
Good action today. Just shows there is still alot of interest here. You watch, If the pps starts to rise people will jump back on board as fast as they jumped off. The volume is still high. I never sold my 900,000 shares so im ready for the next leg up. Anything can happen at this point.
Pop... do you think we will ever get AF's or do you think its all talk to string us along. If so do you think it will be this year?
Its funny how many other pinks there are with no finantials and yet they trade at much higher pps and don't have as much to offer. It's all what is the flavour of the week, or month, or how much it is being touted. I don't believe pps is suffering only because of this. If the pps was higher, no one would be too concerned with finantials. Everyone is looking for something to blame right now.
Who knows. I've seen some great rebounds. People don't get back in because things have changed. They get back in if they see a profit oppertunity. They also sell when everyone else is selling. Kinda funny.
PPS will turn around. It always does. When, I don't know, probably when everyone gives up. Bargain hunters are always looking to buy a stock that had bad luck and is really oversold because everyone left, but has some good fundamentals. I believe this company does have good fundamentals. Its just a matter of how long do you want to wait. People in pennies don't like to wait. But if the pps starts to go up at some point, many will quickly flock back here. Its funny though that the volume is so high.Many times the volume drys up as pps falls. I still believe this stock has traded very abnormal. Theres always a chance of a rebound. You never know. Anything can happen at this point. Mabey we will get some green tomorrow. Till then.
Papa ...Im in canada to with HSBC. Last time with another company I got them 4 days after. How about you?
Mabey we will have a good pullback tomorrow. We are very over sold again. Bargain basement. Not many pennies did very well today either. Well I can always sell at the end of the year to offset my profits I made this year. But then again strange things can happen when you least expect it. Tomorrows another day.
Flaf... The company posted sat. because there was a change. If the meeting was still monday there would be no news release. Big deal. Why do some people have to always analize everything. Just read it and be done with it. There is no hidden message.
Every time there is news the pps seems to go down. Many are expecting this again. Monday could be differen't. I never follow a pattern in pennies because just when you think you have it figured out it surprizes you does something that you never thought it would. Just like I said, one day this stock will explode. Just a matter of time. When it does you will have to pay alot more to get back in.
I am sure glad I am in this stock. I wouldn't want to be out now. This kind of stock can go boom just when you least expect it. Thats why I will not day trade it. These kind of stocks only come around once in a while. If it pop's, then everyone will want to get in and the volume will probably get over 50 million easily. Im just waiting for that time. It will come.
Most buy pennies for a quick buck. If it doesn't happen in their projected time frame their gone. They don't care about fundamentals. Each day traders generate to stocks that are moving. They sell unmoving stocks to buy moving stocks to hope to quickly make a profit. We all have done that, even to get here. That is again what happened today. I can name other stocks that last week tanked. Then people came here because this stock was moving. Same thing happened here, but oppisite. This goes on everyday. You watch, next week if pps starts to go up than the volume will rise from traders selling other stocks to come here. Then if there is good news it gets even better. This is penny land. Happens all the time. Thats why im not worried because the fundamentals here are still good. If they were not, then I would be worried.
Angel... I too buy on fundamentals, and with this stock they are good. Thats why I have faith in this company. Its paid off for me before.
I've seen many pennies do what this stock is doing. Even when good news comes out. This sometimes happens before a run or when alot is happening in the company. Many become frustrated and sell. You have to decide why you are here. If you believe in this company and what it is trying to do than stay. If you want instant gradification you won't get it here. I have been in a stock that did this same thing and I believed in the company and stayed when many left. A month later the stock went up 800% and then I sold and took profits. I do believe in this company and what it is doing. I also like the prospects for the near future which will greatly affect the pps to the positive side. The MM's control the pps every day. Thats why when the pps should go up at a given time it doesn't or vise versa. But the volativity here is high so anything can happen when you least expect it. Thats why I am staying in and not daytrading this stock. The company is doing things to benefit the shareholders. And it's not fluff but things with meat. Volatile stocks are what I like. Especially this one. Next week may prove to be very good for us. Everything here is pointing in the right directing or I would not still be here.Again you have to pick the best penny from alot of junk. This one by far has great potential, IMO.
Mighty mouse... This divi is sweet. Most divi's always have strings attached. Nice that this one doesn't. I think we will have a very merry christmas.
This stock is not for the faint of heart. It has traded in a very unpredictable manor. Penny stocks thrive on positive news. The pps can rise or fall hugely when news is good. Thats what makes penny stocks fun. But being in at the wrong time can kill you. This stock has gone down when good news came, and then when there is no news the pps rose. Two weeks ago when the pps went to .0042 it was devistating to those who bought over a penny. Now the pps is slowly recovering. Today we should have gapped up. But instead, again we close down. Go figure. I think this stock will do well short term. But you kind of have to ignore the day to day action. It makes no sence. I also believe the divi. has been factored in already, and the pps has adjusted to it. I'm looking forward to my 720,000 shares becoming 900,000 shares. Whats even better which many have not relized is that these shares are tradable immediatly. Most share dividends that companies give out are always restricted. I have shares from other companies that I don't know if I will ever be able to trade. This was a very good move from the company and it put the investors best interest first before the companies. Lets hope for a great day tomorrow.
Can we say Gap Up today! Green all the way!
Do your own research and come to your own conclusion. That works best with pennies.
Charts mean nothing in penny stocks. They don't take into account news releases which can send a stocks pps up or down. A chart can point down and a good pr comes out and then theres a pop. If your out because of your charts than your too late to get in. Look how often American Bulls is wrong with charting. Pennies have their own mind.
Some are thinking that the pps will go down after the div. I think the market has factored that in already. Im looking forward to the div. My 720 thou. will become 900 thou. And I am in Canada so that will make it one million canadian shares with the exchange rate. Hoping for green today. Chart says correction.
Ed doesn't have all the answers. Its dumb to say, What happened to the pps this week. We want answers. There isn't always a reason for a pps drop. I know that. Why did it go up today? I can answer that myself.
Hey IHDR, whats happening over at IHDR? I sold at .15cents. Got tired of waiting.
This is a good board. No pumping here. Like Martha says, And thats a good thing. I believe smart investors are here. Good place to be for info. Thanks.
I knew this stock was way oversold. Good correction today.Lets hope for more of the same. Fundamentals are still good. This stock takes nerves of steel to be in. Glad I held. Those who panic sold will be sorry now. Good things to come.
Nice pullback. Hopefully up from here. Green is beutiful.
I posted before and still believe yesterday was panic selling. When pps moves that fast it usually is. If there is panic buying pps has the same effect. We are very oversold. Correction needed. Good luck all.
Big deal. What are we going to do with it? Really.
Do dah.. I feel the same as you and agree with your post. I too am responcible for my trades and don't blame anyone.