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Not 'Dead'. It just is in exploration/development stage. Treat it as such, and short term trade accordingly, as it is a trade-able stock. Just don't fall into hype & buy after it has big moves upward already. (Buy big dips only)
There's a big % difference between 17 & 13, but you hung in there & averaged in well, then JNUG paid off later in June.
And now you may end up doing same thing on JDST in % terms from the 12's start yesterday. But it is a 'developing' opportunity down here
I don't think he got the message very well ;)
"Right 100% of the time"???? LOL, sure, if you say so bud!!!
With a post like that again, I find it strange anyone would doubt you!!!
****And as I said before, you can't trust everything a CEO says & assume it as prophecy & 100% fact. Just like politicians, they are great at telling you what you want to hear.
You have to analyze collectively all data & learn to disseminate & discriminate, & not just base things on what a CEO said to you (which you post about all the time, everyday).
Just learn a lesson from past pattern(s).... and only buy on major oversold dips, then sell the major rips upward a few days later--- so it is what usually works with this type of stock & has worked for me.... Which I've posted before on here to those who would listen.
Investing in ELRA with your Casino $money$ perhaps, looking for a lucky roll?? LOL.
I guess there is not much difference between that & going to the Casino... And that is not often something I say about a stock. But when I see other's stock strategies such as certain people at this board, which mimic Casino gambling or lottery logic, I lament the comparison.
But really in any event, 'Best of luck' on your roll of the dice with ELRA!
I'm a little skeptical yet & fortunately I did not fall into it earlier above 13-14 area (as I posted earlier), but I remember you timed that JNUG trade well approx month ago for entry.
You really think JDST is near done going down??
I'm thinking that JDST simply benefited from 11 to 14 after a pause in gold miners that will resume yet into July.
But I do see in near future JDST a great buy if it can get more oversold yet.
TAS made a good trade. 25% was nice
T-Trade (MM diluted conversion) @ 15:04 today @ .0006. Just 2.7 million shares, but still something--- FYI.
It is the debt converters currently holding this stock down.
Although the BMAK & other MMs have a more solid ask of shares than level 2 shows, I agree that it is not enough to overwhelm any big money flows into this, especially if news suddenly appears. But fact is currently the MMs sitting at ask with their shares for debt conversion.
Question is, 'when' to buy this, now that we know gold & miners are showing strength yet. Possible this sees a significant sell off yet, and that will be time to pull the trigger for sure if that happens
The BMAK & other Mms just aren't showing all their shares on level 2. Last Friday, for example, there were millions buying their ask at times while it showed 10,000 only. So don't be fooled by what appears thin. But otherwise it is looking good for support here.
But July is prime season typically for gold to move up
I'm day trading PMBS (for mere double digits) as my current strategy a couple or a few times per month, but I do think PMBS has a chance to be a 10x bagger possibly within time frame of this summer... But I don't pump it & I keep things realistic & I do not expect it or count on such gains with certainty (and thus I don't get caught with losses because i held a stock too long counting on pump dreams & lottery ticket strategies)
JDST looking soft this morning so far. Wondering if we should wait for lower, such as under 13 to enter.
Realistic & objective is the idea!! But I'll add that this stock needs a kick to get started!! Just sitting around with low volume, no movement. Possibly it is the "calm before the storm" (upward storm I hope).
I'm prepared for whatever happens, as I have appropriate risk started on re-entry since Friday @ .0007. I'll be ready if it goes down to .0005(ask)
Why "should" we be moving up already??
Stocks don't always move up immediately in one day, so learn to adjust your time table realistically
The BMAK & the rest are in the way at .0007
QRM is trading typical of its pattern. That's why I said people should be selling a week ago in .30's (& having bought instead prior at oversold levels near .25's)
Huh?? Can't make any relevance or understanding of what you posted in reply to me.
some of your websites are not updated or working (such as DTCC, Reg Sho)
To answer your Q---- Your primary concern should be dilution--- debt converted into shares, which has pressured the stock recently & effectively pushes the stock as would a short because the debt converters make money at any pps
To your point, Yes the Retail sellers are ignorant selling at new lows for a loss.... But the other sellers from convertible debentures (who are main driving force) are not. The Debenture financiers dumping are making profit at any price
Thanks ChartTracker! Just trying to keep everyone objectively seeing facts on this stock.
I would not say that with certainty. Ask from sellers has not depleted. BMAK & other MMs + debt converters hovered level 2 @ the Ask since Wednesday, Thursday, & until close on Friday.
The selling might take a break this week (& that is just educated speculation), but so far the Sellers & debt conversions have not depleted as you have posted.
The best measure for this stock is $$$$$ liquidity traded total on average per day, not solely volume, & that liquidity indicator shows PMBS is not super diluted yet, but has lots of time yet before it is a problem.
In terms of $$$$ money traded per day on PMBS, the dilution has not increased that much, in fact if you go back 3-6 months there are some months where the $$$$ traded is higher than in the latest month this June. Although volume has increased some over the last 6 months & there has been some dilution, the amount of dilution has not been excessive! ...And you need to keep in mind that as pps gets lower, it takes more shares to equate into same amount of money as compared to before with a higher pps. So when you take into account total $$$$ traded per day (volume x share price), the evidence is that the dilution is not too alarming relative to the price drop & the fact it is sub .001, and this $$$$ traded per day has not worsened compared to earlier in 2014.
This is a major reason I like PMBS, it is not overly diluted relative to being a subpenny stock under .001, & measuring actual $$$$ traded today compared to 6 months ago, this thing is not doing much worse & the volatile trade consistency of the stock's share action is not indicating a stock that is overly diluted yet.
I agree, & I see people always panic too early about subpenny stocks with exaggerations for fear of a rev split posted on msg boards. Eventually they end up that way, but usually amateurs like to fear monger about it early on while these people really do not have any idea when a rev split would come about.
We agree to disagree then. I don't think your "calculations" are at all reasonable for a rev split within 20 days for an expectation. To put such a near term time frame on a rev split is crazy & seems based on emotional panic in my opinion given the circumstances of PMBS stock.
This stock is no where near a rev split yet, or at least not for many months.
And when eventually it would do a rev split, it would not be anywhere near as low as a 1:6. That low of a ratio would be absolutely pointless to rev split and still be subpenny, so again I don't understand how you get your #'s, concepts, & expectations, other than to conclude that your rev split assertions are based on nothing sensible.
Excuse my blunt post, but it is my reaction to what I think is a very irrational analysis by you.
I added at lows today for re-entry of a new starting position. I agree that news is due out and chances next week are good. But I'm not counting on it for certain, but speculating news is due out.
I would suggest you add more @ .0005 or .0006 (if it happens to hit that low). It takes much less added $$$ risk to do so compared to prior levels when you started over .0015, & you advantageously benefit with lower average, which will allow you the ability to sell over .001 (for break even or maybe profit) if you have to & if news hype would not occur & wouldn't suit your time frame, & also because I believe this thing is almost certain to hit .001's minimally.
Further out I think a possibility of .003-.005, or maybe .01 can happen, but whether that happens or if it just goes to .001-.002 for a short term trade (based on its typical recent pattern of volatility), I think adding more in your case at these developing lower levels makes sense in any event described above.
And to comment on your rev split concern, I would not worry about that for quite some time, or not at least in 2014. This company is not at typical stage of effecting a rev split based on its shares outstanding & also given the fact it is not even close to the point of hitting its authorized shares limit. So I'd not let the pps area scare you, but look at the coincidence as a buy opportunity.
There is ongoing dilution here, but there is plenty of room for months yet on this continuous occurrence before it becomes at all a major problem to prevent upside volatility to occur. This stock is very trade-able yet for sometime.
I'm thinking the sweet spot area to buy is & will be around .0005-.0007. Look for capitulation to not much lower than .0005 ask; that is if PMBS holds true to its historical patterns of last many months. Then look for day trade to .0009-.001's in a week or two.... and eventually at some point this summer news hype may move it toward .003-.005, maybe small chance to .01+
I know, like I said in prior posts
I don't totally believe you, as your post history seems to indicate different story, but whatever you say!!! LOL.
**I am back in PMBS, however, just a little while ago I re-entered for start position scale-in.
I'm still just watching
I guess, you'll have to excuse me for not being a pumper who continues to accumulate this mindlessly... But rather I've correctly bought the dips & sold the rips, and now looking at fresh new entry at fresh new lows!!
I just don't fall into the emotional hype, so i don't like to play the accumulate again and again game by averaging down as it continuously drops... That is a sucker's strategy position to play with penny stocks.
I believe in doing an average down 1- 2 times for short term purposes, but not what some do as you do, which is longer term adding & accumulating to a losing core position week after week as it makes new lows, while continuing to dream & pump at the same time week after week.
VNDM & BMAK portended this new low today of .0006 to occur, which I pointed out yesterday
PMBS hitting that range I pointed out (.0005-.0007) as likely possible in interim. New low today of .0006 today. Now debating to start buying again here (after I sold .001 Wednesday)
Thanks, and it is hitting a new low today I see, despite the advice of the pumpers all this week!!
Thursday I pointed out the risk of .0006 or less.
Cute--- If you wanna minimize my trades as mere "Beer Money", I'll at the least salute & cheers you... But I drink expensive beer