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VNDM & BMAK are controlling the show at .0008 ask today (also masking how large the ask really is, too!!).
And VNDM has a bid @ .0005. These scenarios are partially what tell me we could see more pressure toward .0006 or less yet, so be prepared.
...And another "T-Trade today, to make my point proved further!!
.0007 converted (shows 15:10 after hours)
My latest trade was 11.11% (sold yesterday .001 from .0009 week prior entry, which i posted here about already), & overall I've been making 11-50% trades on PMBS every 1-2 weeks over the last 4 months while re-entering on new lows each time, so I think you are the last one who should be lecturing me on making trades or 'when to buy it'.... LOL.
And I've been pointing out .0005-.0007 is risk in interim before we see major upside reversal, and today we hit .0007 within my target risk speculation, so again you should bother another person with your pumping comments.
But soon i will buy it again at new low pps.
And thank you!!! Nice to come across realistic, reasonable people at these boards, as most posters around here are naive teenagers it seems.
I think it is in vicinity of a big move up within a few weeks... but real question is timing. Daily chart is showing potential set up to clear .0024 & break out much higher, but sometimes the pattern of this stock head fakes a person and thus it settles lower in sideways manner for a couple more weeks, and then suddenly flies upward big time.
Based on historical patterns of this stock over past approx 8 months for example, those are the 2 scenarios that are likely to play out. It either flies really soon based on current set up on daily chart, or it drifts lower, sideways for a couple more weeks & then surprises to upside move parabolicly.
(Not excluding any possibility of a major crash lower, but I think it is oversold already near .002 levels. The lower .001's possible, but I think we see major break out within next 1-4 weeks)
It certainly has an appearance of signaling a higher move in near future... so far. But still the bid/ask is having a tug of war in area near .0019-.0024, so anything can happen in next few days.
It really annoys me when a person asks me "why you here" at a stock msg board. Usually it is the pumpers who ask me that, because they can't handle views that may be different, they say "why you here", and it is perfect example of the ignorant people that run all over these boards to question people that way.
As to PMBS exactly, yes I day trade its fluctuations every week & I believe eventually it could have major news and fly back to .003, maybe even .01, but I keep realistic & I do not over hype & pump this stock, which is a mistake that traders on average make using emotion. Emotion is the enemy with investing & trading.
And now YES I'm looking to re-enter. I've been projecting .0005-.0007 as likely possible bottoming area for it, & all this I've been saying all along, so I divulge everything when I post.
I wouldn't presume that yet. We could see .0006 yet or slightly less.
And I wouldn't be surprised if it closed .0006 or .0007. Just being objective & realistic about the near term movement.
It is not just investors, it is mostly convertible debt pressuring the stock, so your focus of understanding needs to be on that. The dilutive financing is what moves this stock down; it is the bulk of the selling.
Hit .0007 in my lower possible target range anticipated of .0005-.0007.
I'll be happily re-entering in near future.
I can't say I agree, but whatever you wish to opine.
I do know this:
A business such as PMBS has to use its money & business with a focused & efficient effort. Too many things for focus stretch resources incorrectly from what the most profitable core focus should be.
PMBS has enough on its plate already. Adding 3-d Printing, or what ever for expansion doesn't make sense to me.
I updated post. Again go look... T-Trade @ .0008
I don't understand how you connect 3-D printing to PMBS business.
LOL
There was a "T-Trade" today related to share convertibles... and after hours it shows 5.4 millions shares @ .0008 (at 15:01 time) ---- FYI
The way it is going today, it is likely we just may get to that .0005-.0007 buy opportunity which I have pointed out as possible yet before we would later see major upside.
Glad I day traded out of it again (.0009 last week to sold today .001).
I'll be happy to buy this thing AGAIN if ask becomes .0008 or less again to new low(s)
Quite frankly, you're wasting your time trying to logically & ethically appeal to ELRA management. They are aware of everything you point out, and they've done what they feel necessary for their own top level interests. Keep that in mind when you trade/invest in any of these OTCs or penny stock, etc. Never expect to count on them to have your best common share holder interests in mind. Do your DD on a stock, & do your trade swing analysis, and thus always trade accordingly for yourself only on that basis.
Best Wishes
I don't see where you think "chart is bullish". So far all QRM has done is its typical pattern, which is a nice multi-day 'pop' (3-5 days typically) upward after hitting very oversold conditions. So far QRM is struggling to hold its needed .32+ (& it failed to hold prior .34+) while overall volume is dwindling.
Chances are likely it will go back below .30. that is if today & this week it does not hold .32+.
Unless we get some great news, then we obviously we'd see higher above .40+, but you can not expect that to happen, and if you do, then you are a gambler just guessing & throwing darts at a board blindfolded!
And if you did really good due diligence you'd see that there is not likely any good news in the near future happening for QRM, so all that we can do here is short term trade the technicals & base trades on history of chart patterns of QRM, and using that it likely will see a pull back below .30 into .20's again.
I chose to day trade this thing earlier & bailed on the .001+ scene after owning last week @ .0009 with my few million shares.
This is a strategy I've been doing almost weekly ever since early Spring (March), & obviously has worked out well (by taking low double digit % profits each week on the movements & re-entering lower later).
But Down here under .0009 I've been more interested, so I'm anticipating a real move up eventually toward .003 or maybe toward .01 with right news. Until then I'm trading this thing for what it is--- as it makes its pattern continuously available.
"Hear"??? You meant HERE, yes??
and why am I here??? That's a silly question you ask me!! I'm trading PMBS stock... Hello!!!
Furthermore, I question all things from a company, so if you question me for doing due diligence on all data presented, then you are the one who is truly clueless
Buy volume drying up, so I'm sticking to my original premise that we probably see a pull back toward .20's. Which could be a new buy opportunity at some point. But for a while I'll be patiently waiting until it would happen.
Yes, sometimes you get good info from a CEO, but I was lamenting that it does not surprise me in general that a CEO said great things about his company.
But I already like PMBS, so I find the coincidence to have some credibility, but of course I naturally have skepticism also
Yes, correct... And that's why I previously said in posts that it must hold .32+, then next milestone is .40 before anyone can talk about much higher such as 1.00. If it does not break out of .30's, then next step will be pull back to .20's again.
Just remember, CEOs can be just like politicians. They tell you just what you want to hear.
Yep, people are wishing for the .0009's or higher. Last week there was plenty of .0009 ask, & I took advantage of it
What matters is a good business plan that the Street respects!! and thus news worthy of getting the big institutional money into the stock. The background of people in the company such as herbs & knowledge, remedies is mostly useless to propel the stock if you're looking for a huge swing trade here.
Strategy?? I apply a low risk vs. high reward concept to my swing trading of suppenny stocks. That's it in a generalized nutshell.
your reply has nothing to do with my post's meaning.
no, I'm happy with my profits in 3 days last week & I have plenty of other trades going on or watching... I'M SIMPLY MAKING A POST BASED ON AN 'OBJECTIVE' OBSERVATION of the QRM stock.
And if it breaks out by some chance, then I say good for the longs.
up a measly 10% on a .002 priced stock. I think you are exaggerating things... LOL...
But I am looking at buying some ECOB with some subpenny stock strategy 'mad money' down around these levels, however.
I was joking, being sarcastic to his very bearish posts.
Nice end of day close for technicals. It will need to see follow thru on Wednesday with advancement to hold for a break out toward .40 to occur.
Ha ha!! you sound like you are buying up ECOB shares as fast as you can!!!
LOL
you spoke to CEO on phone, or e-mail? You got some details you could paste here for us by email, etc??
Pause on very low volume. This may precede a run yet after today, so don't underestimate today's technicals.... But in the event of the other possible scenario(s), if we pause longer or pull back toward .0005-.0007, I'm ready to buy more. I still got position yet @ .0009.
Try not to over pump, promote PMBS... We don't want to jinx it buddy
;)
I'd suggest a few less chart add-ons in the top frame. A person can barely see the stock price movement.
There is just too much added tech info (SAR, etc), which is just extra fancy noise anyhow that is not really that useful. Or at the least, separate the volume from the stock chart, so one can see the stock better, & also use a brighter 'lime green' for the up movement in the bar chart.
(FYI--- Just some constructive criticism)
you're welcome, I suppose ;)
But in my posted opinion I also stated fact for which the behavior of the stock has in fact been occurring, yet there are those here who can't conceive the obvious facts of the stock movement. ELRA (at best) is currently only a stock to day trade every few weeks for a quick 'pop' off new lows. Holding beyond that & expecting more longer term is simply a fantasy that is not realistic.
I'll do so in the future (ignore).... Just that i'm a new poster since last week, so I felt like getting my points out.
All ELRA does is stay in down trend unfortunately (FACT!!).
Only good for attempting to fish off of bottoms and then sell into the first 1-3 day pops upward.
This is correct strategy & analysis until facts of trading change course.
Best of luck to longs if you continue to hold, but it is not looking favorable for you right now.
It makes new lows continuously AS A TREND, then moves up approx 3 days after each new low, then sells off again to a new low. THAT IS THE TREND, THOSE ARE FACTS.
If one 'does not agree', then clearly reality has not set in ;)
3 Stocks Trading at 52-Week Lows: Is Now the Time to Buy?
Motley Fool Canada
By Cameron Conway - June 23, 2014
Avalon Rare Metals
Rare earth miner Avalon Rare Metals (TSX: AVL)(NYSEMKT: AVL) hit a new 52-week low of $0.46 on June 20, a far cry from its 52-week high of $1.09. The company mines such elements such as zirconium, lithium, tantalum, calcium, tin, and indium throughout Canada. Its bread and butter is the europium, terbium, dysprosium, and neodymium it produces from its Nechalacho Rare Earth Elements Deposit located not far from Yellowknife, NWT.
The few analysts that monitor this company are quite optimistic about it and have placed an average target price of $2.50 on the stock with a “buy” rating, because you don’t have to understand what all these funny-sounding elements do to benefit from them.
http://www.fool.ca/2014/06/23/3-stocks-trading-at-52-week-lows-is-now-the-time-to-buy-5/