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SYWI: .11x.125. Level II looks very good. No real roadblocks until at least .16 or .17. No selling and low volume buying.
Patsy: Have you looked at WALS today? Wow, with any volume this could really take off. Now 1 7/8x 2 1/4. As you indicated, the float and O/S are extremely low.
AMJY: .015x.019: There is a rumor going around that there is a convertable bond that has been converted into equity that has held up the run. The rumor is that this is almost complete. Once this is one, IMO, this has a chance to do well. You can load up on a lot of shares at these levels, then hold.
ABID: .05 x.055: Look at the 5 day chart on this. It has been moving up steadily on low uptrending buying volume
I am very glad now that I loaded up on ICHC at .04 - .045 a few weeks back. It looked severely beatened down especially given that they have put PRs out and the company is still alive. Currently .12 x .125. IMO, it can go much higher.
You are very welcome Larry. Hope you didn't touch it today. It's fallen from grace as I expected. Now .062 x .07. I think thr BHUB run is over for now. There is really nothing fundamentally other then MOMO ot get this one moving. The fact that there has been no news since June is a little scary IMO.
Found a site where you can locate all OTCBB stocks within a certain price range. Can be an interesting means of finding beaten up stocks. Actually, it is what I used to locate several that had been drug to the ground and are beginning to climb back.
Go to http://www.dimgroup.com/ then go to OTC-BB Price Screener and then you can enter a price range and it will retrieve all OTCBB stocks trading within that range. Sometimes you have to wade through some dead issues before you find some worth looking at. If you have the time, it can be benefical.
WOuld be nice to have a search engine like this for O/S and float. I'm sure there is one out there somewhere.
Got some SYWI at .055 before the run this time. It is being MOMOed, but again is/will be a good trade IMO.
Be careful with BHUB. Not to say it won't run, but it is being MOMOed to death. If you look at it, there has been no PRs since June. I would no say that is a good thing. That's 7 months with absolutely no PRs. I would be very careful of this one as anything more than a short term bounce. The O/S and float look good, and the volume as well, but it has been volume feeding volume. I know pennybuster picked it as his pick on Friday and that is where it started from. I would be weery in buying after a runup like today myself.
Actually, from a trading standpoint, it could be good. Heck it was on my watch list and I didn't touch it for the reasons stated, but it just needed a group to get a hold of it, and off it went. I could've been in before the masses, but at the time there was little to no volume or interest.
Good luck.
LOL Patsy. I realized I had missed the 'd'. I've been having problems with my keyboard with the letter 'd' at times. It just did it at the wrong time this time!! Still funny though.
2 more NASDAQ big board stocks move to the OTCBB tomorrow: FAVE and PLRX. I'm sure there will be more dot commers coming on board. Certainly are a lot of sad stories out there.
LOL on the MM comment! The MMs have become very complacent of late. Check out ABID. Over the past 3 sessions they raised the bid on no volume. I was lucky enough to buy in at .02, and .023 or so and the bid slowly raised above where I bought it and today it closed at .04 x .045. I guess the thing to remember, is that MMs only make money if a stock moves. If there isn't any volume, they'll get it moving! Just as they can tear a stock to shreds, once it is down to a certain point, they have to reverse, or again they don't make any money. I guess it's time to stop complaining and just ride the wave. The problem as always is knowing when to sell. Right now is the easy part. The volume comes first, then the prices improve.
I think toay I had the largest increase in my portfolio in several months. I was lucky enough to have several big winnders today including: RMOO (many of us have that), ICHC (big news today and went from .04 to .11!), SYWI (momentum on low floater), ABID, an WALS (which really began to show some upside today)
Hopefully, this will continue!
Is it my imagination, or does it seem like a rally beginning in the OTCBB? Many stocks saw good upward movement today and volume is picking up. I loaed up the boat on a lot of oversold issues, and my portfolio saw its biggest rise today in quite some time.
Anyone else notice the suden turn nortward for WALS? I got in @ 1 3/8 when Level II began to look good, and buying was coming in. Patsy: what did you say the O/S and float were again?
This one looks like a good winner. Looks like a good candidate for a forward split IMO.
Ditto Patsy. Still holing. Luckily everything is doing well and balancing it out.
In WALS @ 1 3/8. Level II is looking much better. News on Friday was great to say the least. Patsy has indicated the O/S an float are very low. I haven't dug into the filings since I trust that she has already done this.
Friday January 12, 1:17 pm Eastern Time
Press Release
Wallstreet-Review, Inc. to Acquire Over Five Million in Assets
LIGHTHOUSE POINT, Fla.--(BUSINESS WIRE)--Jan. 12, 2001--WALS (OTCBB:WALS - news) is pleased to announce they have signed a letter of Intent with Pilares Oil & Gas to acquire certain assets valued at over $5 million dollars. WALS anticipates closing on this transaction within the next couple of weeks for a combination of cash and stock. With the addition of this asset WALS plans to file an application to begin trading on either the AMEX or NASDAQ Small Cap.
The Company's CEO Matthew Dwyer States, ``We are excited about the opportunity to continue to add value to our Company. We have several other clients in various stages of completion that as the year progresses will have a significant impact on our bottom line.''
WALS is a financial Services Company that assists small companies in moving from the private sector to the public markets. WALS assists private companies with reverse mergers, management support, acquisitions, and investor relations. The Company has offices in Florida and Burlington Ontario.
Statements in this news release that are not descriptions of historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as ``expect,'' ``intends,'' ``believes,'' ``plans,'' ``anticipates'' and ``likely'' also identify forward-looking statements. All forward-looking statements are based on current facts and analyses. Actual results may differ materially from those currently anticipated due to a number of factors including, but not limited to history of operating losses, anticipated future losses, competition, future capital needs, the need for market acceptance, dependence upon third parties, disruption of vital infrastructure and intellectual property rights. All forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Wallstreet-Review, Inc., Lighthouse Point
Matthew P. Dwyer, President, 954/784-5044
Fax: 954/784-1058
Email: matt@wallstreet-review.net
Website: www.wallstreet-review.net
Email this story - Most-emailed articles - Most-viewed articles
Make that 2 x 2 1/2.Only 8200 shares and it has moved up well.
RMOO: Breaks $2!!! Now 2 x 2 1/4. Looks like the MMs might be in trouble already on this one.
I thought the news omn WALS was great news. The MMs are killing the run because of the spread. Still might do well. Was gonna get some on Friday, but the MMs kept monkeying with it too much.
Sounds great patsy. Everyone: have a great weekend, and if you have off like I do on Monday, enjoy as well. A nice long weekend is just what the doctor ordered. Don't have to wrry about the markets either.
Yeah, those were the days. HICS is also at the bottom of its range. Now .04 x .045. Remember that one?
These 2 will at a minimum bounce up short term IMO. Level II is strong on the supporting bid.
LAWW: At the bottom of its trading range. Hit .095 at the beginning of the week and is currently .045 on the ask. Level II has firmed up. Good support at .04 on the bid (9 MMs to be exact)
Don't think you can go wrong with this one. Also, tons of PRs and news supposed to be forthcoming.
It's at least good for the short term. Look at tis trading pattern.
RMOO: A 1000 share buy raised the ask to 1 11/16. Boy, this one is going to be fun!
WWFI: Now 2 1/4, up from 1.60 ask yesterday on only 12300 shares. I actually bought some @ 1 1/2 a few days ago. The 30:1 split hasn't been confirmed yet (still awaiting shareholder approval), but it shouldn't be long IMO.
Just shows how small the float is on this one to move on small buys like this. Definitely resembles ESYG. (No doubt about it)
Definitely keep your eyes on this one. Could be the next winner.
patsy: I saw the author of the book on the Today show this morning. Quite an interesting story for sure!
Doesn't look like CZDV is trading. Can't get any level II on it at all. 6:1 split.
LOL! Actually, they are a pretty good company. I think any type of OTCBB rally, it will begin to run. There has been a lot of accumulation in the low 1's.
AMJY: A company with a lot of shares, but their revenue stream is also coming in. IMO, it is a long term winner at these levels. I loaded up at subpenny levels a few weeks back and am holding a lot of shares long term. Level II is beginning to look good. Ask sat at .012 for a couple of days. That MM is off the ask now, and it is beginning to creep up. At the current price, you can accumulate a lot shares and make money on small price movements (Patsy - that is your favorite kind!)
I am very surprised that there hasn't been any profit taking. Glad to see that everyone is holding since the MMs will dorp the bid on 1 sell. IMO, selling to think of getting in cheaper will not work and is certainly not worth the risk.
I have quite a few shares now and am very happy with my position. Bought some as low as .50 when it dipped a few weeks back. Glad I did now.
BTW, keep WWFI on your watch list. 2 days ago it was @ ask of 1 1/2. The previous week is was @ $3. Small sells (impatient people) brought it down. IMO, it shouldn't be long before the 30:1 F/S is approved by the shareholders. There are supposedly tons of PRS in the wings from what i hear as well.
Only 6600 shares traded today, and I have heard that it has been difficult getting executed. Could be a big runner in the end as well.
RMOO: Bid raised to 1 1/2 on small buys. Amazing! The MMs are really treating us well on this. Actually, I also smell the beginnings of an OTCBB rally. The market makers are getting friendlier right now and are ready for a reversal.
Want to hear something amazing?
FVSN. 2 days ago ws .025 x .03. No volume the past 2 days, and the MMs have moved it up to .032 x .05. I loaded up at .02 and .025 thinking that it would pop.
I'm telling you, you can load up on just about anything beaten down, and you will win over the next couple of months. Happens every year. Fundamentals don't even matter in the OTCBB. The MMs have control over all of it. We hate them when they are screwing with us, but this is the time of the year when they do the reversal and we can learn to love them.
I learned a lot from last year, and buying in late Dec. is the best thing you can do. Load up the truck!
I don't think this is the correct O/S and float. Actually SETT97 on bobz and I were laughing about it the other day. I told him we could do a hostile takeover and I we could split it 50/50! LOL The O/S is small, but not sure what it is. It has had days where it has traded more than 5000 shares, so that can't be right. It wouldn't be worth even registering the shares for a company with only 5000 shares.
It is on my watch list along with WORI, and NPCN as low floaters that could move. WORI supposedly only has 59K float. NPCN has a low float too. They could be potential low float forward split candidates in the future.
level II looks horrible on ESRG. A bunch of MMs on the ask @ 4. Looks like it will be hard to get through.
ESRG: announces 5:1 F/Split. I'm using my 10:1 rule on this one and I'm not getting in, but here it is anyway.
http://biz.yahoo.com/bw/010111/ut_ensurge.html
RMOO: Well, it looks like the MMs want to play today. on 8400 shares traded, the bid went from 13/16 to 1 1/16 and there are 2 MMs supporting the bid (unusual for this issue) Beginning to get interesting. Small accumulation each day up to mid Feb., could really make this puppy run once the ex date gets here.
I'm with you on GAMZ. Already more than a double for me and I don't plan on selling anytime in the near future. This puppy moves up well on any buying at all. There was even buying today at .48, when the bid was .40. That was very good news.
Sure wish some of my other stocks would move up this easily!
I can't seem to find any 144 filings for insiders to even sell. That would be an interesting observation though. Can't imagine why insiders would be selling at the low end of the trading range. Doesn't make any sense to me. Perhaps, on the other end, there are some large buyers who want in cheap. Or maybe buying for the new person on board. Who knows. Very bizarre indeed.
Don't know what the MMs are up to, but the below stats from www.level2chart.com, reaffirm that there were many more buys than sells today.
Trading activity today by volume:
58% at the ask
17% above the ask
12% at the bid
3% berlow the bid
10% in between bid/ask
Basically, at least 75% were buys today (unless they were being masked as sells at the ask), (58+17), and some of the in between as well. MMM at its best or something very out of the ordinary.
SKGV: A 500K trade went through @ the ask. These MMs are scum. 2M shares traded and it just sits.
Looks like good news for GAMZ. Got some when it was in the teens. Keeps moving up.
Perhaps COBB will do what COOX did eventually. Just a thought.
This kind of crap seems present all over the pace on the OTCBB. But yet it is an orderly sound market right? I love the way the MMs lower the ask after buying, that's makes perfect sense. Or, the allowing you to buy at the bid to make it look like sells routine. Geez, there are so many tactics that are used it's hard to keep up. And the short selling. Need I say more. Why in the hell can't we just have a market based on supply and demand like it is supposed to be? The market has allowed so much crap into the market, that it isn't an equitable market anymore. It really gets depressing at times.