Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just doesn’t add up does it? I’m still in the green here and would like to keep it that way! Lol…
What do you think are possible causes for a company and a stock with this kind of potential to be running this way?
Chart looks like a sound pincher/bottom play but just not much love in this holding. I realize that a holder just dumped 7.2 mil shares but that’s when you would usually see a good bounce or a run back up hill, but nothing other than a little pump and dump the other day.
P.S. very refreshing to see a new post on this stock, and Happy Holidays
New support? .06 has been the support line for the last five days! lol... and .05 below if we need it.
Happy Holidays! jwblue
and look more big buys coming in at .063 weeeeeeeeee! lol...
You guys noticing that the sells are in the thousands and the buys are in the tens of thousands?
Looks like she could be setting up for a run sometime soon. IMO
But still very low volume.
Hay look everyone, bargain shoppers! ROFL…
and then BOOM an 85000 share sale at .06 Aw Booooooooo!
What news? Trying to pump this wont help! Lol… just messing with you! Lol…
You think good new is coming out today? What did you hear?
Thanks and Happy Holidays by the way
I am starting to think you’re on to something there! But who are they holding it down for?
Personal question: Everett? Is this a name or a place? I.E. Everett WA
P.S. did you see my festive profile picture? Lol… everyone needs a slay
You seeing this? the bid is coming up!
Did you guys see the opening bell fire sale? A whopping $18.90 DUMP! Lol…
And so it begins the classic battle of bulls versus bears. Could be another slow day but either way I bet it’s interesting.
And now a small sell off at .061 but look the bid is stacking at the support line of .06
Shall I list the trades that I have made big money on that had no product, no market, and no cash on hand? Lol…
IMO this is a great fledgling company with products and a plan. As chaotic as it seams it is never the less a plan! I wish more of these stocks showed MSLP's passion for what there trying to accomplish.
I don’t ever hold penny stocks but I am having a lot of fun with this one and it has been a while since it was fun! Lol… spent the last five days averaging farther and farther down and I never bother doing that, there all just in, up 10-15%, and out. But like I said I’m having a lot of fun with MSLP
So what’s your take on it? I mean no BS, your real take on it.
Thanks, Magic
Back in the day people were burned at the stake for doing stuff others didn’t understand! And really who knows, the world could be flat? Lol…
That is my thought process regarding bashers as well, you know what I mean?
P.S. like you take on the MSLP Company, very down to earth!
Today’s Chart Analyses
Today a Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.
Doji is an important candlestick. It provides information on its own.
It also features in other formations as an important element. Doji is relatively easy to spot. It has a very small body with the appearance of a thin horizontal line. The very small body relative to other candlesticks is its distinguishing characteristic.
Doji needs to be interpreted in terms of a preceding trend or preceding candlesticks. The appearance of a Doji after an advance or a long white candlestick signals the fact that the buying pressure is getting weaker. The appearance of a Doji after a decline or a long black candlestick signals the fact that the selling pressure is diminishing. Essentially Doji gives the message that the forces of supply and demand are becoming more evenly matched and consequently a change in trend may be near. However Doji alone is not enough to identify a reversal and further confirmation by following signals may be warranted.
The importance of Doji as a signal is somewhat relative and depends on the characteristics of the market. It is actually important only in markets where you do not see many Doji. If there are many Doji on a particular chart, the appearance of a new Doji in that particular market is not very meaningful and its signal value is negligible.
I would also like to point out the extreme price pinch that was helped by today’s low volume.
We find resistance above at .07 and .09, support below at .06 and .05 if needed, this is getting very tight with a .01 spread between the two and something is going to have to give soon IMO
Again thanks for letting me rant about the MSLP chart, I can only tell you what I think I’m seeing, I am not a professional trader nor do I play one on TV Lol…
I do know for sure exactly what this stock will do next! It will either go up, down, or stay right where it is at .063 forever! Lol…
Thanks everyone, Happy Holidays
I’m with you on that! But never the less I’ve been bid sitting all morning at .062 just incase. Lol…
While it was moving through the big dump there was news on the 10th, 14th, 15th, and twice on the 16th
Now low volume, no new news, and no big dump! I truly believe that the dump is over, it is now just churning at .07 and with some new GOOD news this stock is going to run. IMO
It's not that there is so much resistance, it is low volume, if it goes and stays green the volume will pick up and the price with it. IMO
anytime I can get a good read I will put it up, and thank you.
Thank you for your kind comments
Usually just chart for my own purposes but noticed that no one really posted much charting here, well at least the stocks I’m trading. I believe it is important for anyone new to learn there’s more to trading than your basic pump and dump, if you know what I mean. If I can help even one person become a better technical trade it will help everyone see through the cloud of BS that fills these sites.
I look forward to seeing your take on charting, and again thank you for your comment.
Today’s chart analyses
Today a White Spinning Top was formed.
The last two candlesticks formed a Bullish Piercing Line Pattern. This is a bullish reversal pattern that marks a potential change in trend.
CCI has almost hit the soft buy line.
And the Accum/Dist is up 20% in the last five days.
This is starting to really look like a great bottom play in the making, with more buys than sells today, increasing volume, and a close in the green seems that we are well on are way! IMO
And if you add all big .07 sales together they = that $29,000.00 buy from yesterday to the exact share! Buys an iceberg and sells in snow balls! Lol…
Looks like someone was doing some serious trade playing here to the tune of $2,500.00 profit for the day, wish I had the sack to pull something like that off! Lol…
But really it looks like he had to have help to pull that off, any ideas?
Nice little touch there, a couple 100 share ask slaps just to make sure she closed in the green! lol...
And it looks like there willing to take all they can get at .07!
as long as it stays at the .07 it's all good (Someone knows something) lol... IMO
someone just slapped the ask at .075 for 50,000 shares?
Here comes the bounce! lol.. hope hope! weeeeeeee?
at least the ask and the bid are together now, could see some movement IMO
I'm seeing that now! lol... most of what I'm holding is at less than what it's at right now, still OK
I'm gona give her some time and see what it does.
Bid sittin at .062 but still no fill! lol... looks like AUTO is sucking up all the cheepies.
And those are a few of the factors that will make it unpredictable IMO technical traders are watching the CCI as well it’s almost to the soft buy line and before the .10 it will hit the hard buy line. The technical buys could create the momentum needed to keep it climbing at a good rate over the next few weeks. Lets see what tomorrow brings and we can talk this out some more.
Lets look at Fridays MSLP chart
After market closed it has formed a nice 90 deg angel, this formation rarely ever moves sideways. With support at .06 and .05 below down for Monday doesn’t look very likely but there is also strong resistance at .09-.10
Let’s take a good look at the volume as well, it is slowly going down with more sells than buys but this makes perfect since IMO. Looking at the chart you can see that during the three day dump these share had to go somewhere and that somewhere was to the MM’s, why? Because that’s there job! If you have ever read the rules for being a MM there primary job is to create liquidity in the market I.E. if you click sell and there is no buyer they are required to buy those shares, and if you click on the buy and there the only seller it goes down as a short sale because there was no seller the MM’s sold there shares to create the required liquidity.
The good news is that it looks as if they have ran out of shares at the .06-.09 level so now we should see a nice push to test that .10 where again they will have shares to feed the masses again but if it breaks and hold that .10 it should continue to climb to test the .20 with results that are very unpredictable all depending on the rate of climb I.E. fast climb she will come crashing down due to profit taking slow climb and she could start a new long upward trend but who really knows?
This all just my opinion but I thought I would throw it out there for all to read! Lol…
Cheers \_/
But there is a major difference between insider trading I.E. the CEO dumps 18 mil shares and some one dumping the 7 mil shares that they received as payment for a loan or an outstanding debt. The later is not insider trading IMO there just liquidating assets for owed capitol.
Does that make any since at all?
Are these shares restricted? Need a warrant to sell them? Or can they dump them at will, do you know?
Thanks for disclosing these facts.
What I have found is that there has been 0 insider trading in the last year and individual stakeholders make up 47.54% <-Thats us) but there is no institutional or mutual fund holders of this stock either.
MusclePharm Corporation, one of the fastest growing nutritional supplement companies in the United States, is pleased to announced a multi-year partnership with the World Bodybuilding and Fitness Federation (WBFF) that will place the company as the title sponsor of the World Famous WBFF through 2014.
The partnership begins in 2011 and MSLP will work closely with the WBFF and its President and CEO, Paul Dillett, who is widely considered one of the greatest bodybuilders in the sport’s history. Dillett, recognized as Canada’s greatest bodybuilder, won numerous bodybuilding titles throughout his illustrious career, and is often regarded as having one of the sport’s most recognizable physiques.
Paul Dillet, President and CEO of WBFF, said, “We believe this partnership will greatly increase the reach of both brands and continue to fuel the record growth both companies have enjoyed over the past few years.”
In four short years, the WBFF has grown to become a popular destination for aspiring professional bodybuilders and fitness competitors. In 2010 alone, participants from more than 25 different countries competed in the WBFF World Championships, which featured many of the world’s top fitness athletes.
MSLP’s President, Cory Gregory, commented, “We are very excited to partner with the WBFF. We believe this relationship will expand our brand by introducing our nutritional supplements, which are 100% free of any banned substances, to a new market.”
“With the recently announced fulfillment agreement, our enhanced operating platform will enable us to improve margins and enable management to focus on partnering opportunities such as WBFF. We believe we are well positioned to achieve very strong growth in 2011 and look forward to leveraging our brand and superior product offerings into new channels and improving our operating margins.”
At least he's not bashing me yet! like the last stock I was in here. lol... can't understand some peoples thaughts? were all just trying to work together and make some $$$ and then the guys that dont do there own DD show up and try and rain on the parade, like they know whats up with something that we have spent countless hours resurching.
I say buy it, sell it, play it, other wise stay away from me with your thaughts! If there not in it I just dont have time for them.
this is all IMO but it's how I feel about it! lol..
Thanks for letting me rant and have a great weekend, see you monday brother.
just love the bottom plays when they work out! lol.. next week will be interesting.
POS? are we playing the same stock? lol... here it's friday, have a drink on me! \_/
I was on the bid for hours at .063 and could not get a fill!
Did you guys see that buy for 446153 at .065 share? Boooom thats $29,000.00! 1/4 of the volume for the day all at once! someone thinks this is going to run monday or covering there SHORTS. lol...
Great blast of GREEN to end the day down 13.33%
Me to I really like this play, dug in like a tick on a dogs back! Lol… could use to load up with some more cheep shares though.
Couldn’t get a fill at .06 during that dump! Bummer for me. lol...
Don’t let the haters get you down!
very low vol this morning and a gap of .066 on the bid to .0699 on the ask.
looks like the share dump is over now, with a little vol this should start to move IMO
It could be at its bottom now, that would be very good. (Well for me anyway)
Sorry about that win7 thing better luck next time! lol...
MSLP Starting New Trend?
MSLP looks as if it could be at the beginning of a new trend now, CCI (14) is just at the soft buy line, and today’s low was higher than yesterdays and even though it closed lower today it’s days high was slightly higher. There were more sells than buys but that’s to be expected after a run up like yesterdays and the dive we are coming out of.
I personally use lots of indicators such as volume, RSI, CCI and the like but also have a theory that price always returns to the 50 day MA line (eventually anyway!) I have done my share of DD on this gem and this is a real company with a real products and there promoting it like they mean business! Lol… so I’m going to stick and stay and make this one pay!
The days ahead will start to tell the real story IMO if we can get the CCI up to that hard buy line technical traders will start to really see the potential value in this stock IMO
Cheers Traders \_/ and great Friday to all