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PTSC - BB please post an annotated chart for PTSC as this looks poised to make another run - TIA
BRCD 6.38 x 6.39 - BB your analysis please - bounced off 6.10 and has a strong run
MOBL - is it turning up? BB what is your analysis on MOBL ?
FLWE - BB what is your analysis? TIA
IFLB - Is this a place to buy at .0193 - BB Please advise?
Hi Guys,
I feel for all here. I have really picked and held some real bad ones. IBZT, TFCT, MBAH and now I can add MSEP to my "Hall of Shame"
It really seems to me now that we get 1 monster run on a penny stock and then except for "bag holders" everyone else sells and makes a profit and moves on looking for the next opportunity.
EZTO is not doing too well and neither is CYOS.
Unfortunately many of us have really learned the hard way and holding a penny or probably any stock and hoping for the best is foolish.
We need to learn and profit during a run and then take profits and move on. If we like a company, we can always hold some "free" shares just in case it really does make te big time.
Good Luck to All of Us and may we make better stock buying decisions in the future
Aharon
If the lower Bollinger Band does not hold at .05, the next real solid support is .025 or .026 before the big run to .18 started.
We do have .047 and .042 and the prior lows.
On the 3 month chart if we draw a line linking the lows of .042, .047 and .052 then the lows are getting higher and this usually is a good indicator so if this support line does not hold or the bottom of the bollinger does not hold, then yes I will sell.
The last 2 trades are sells into .053 and 7 of the last 10 trades are now sells, so I am concerned, however it is lunch time.
Todays close will be very important.
SHAR a sell of 2,000,000 at .0175 - perhaps that is why GNET was sitting on the ask all day until he had 2 million shares.
Now .02 x .022 and GNET sitting at .04
Perhaps we will run back to .03 today.
GLTA of Us
SHAR - big accumulation at .018 - the steady buying continues and now B x A has upticked to .018 x .019
Regular buys of 100,000 at the Ask.
GNET still on the inside of the Ask and has not moved from the inside all day. SCHB and NITE both on inside Bid at .018
BB, does the Intraday chart support a reversal and upward movement?
I bought 25k at the ask and got filled quite quickly - I am having a tough time getting filled with Ameritrade in general and am open to a brokerage house change.
Lets look at the chart. 3rd red day in a row - very often after 3 red days we get a reversal.
The lower bollinger band is steadily creeping upwards and will be at .05 either tomorrow or Friday.
The chart certainly does not support a reversal, but if MSEP can run 40% yesterday off a low, EZTO certainly can.
L2 is strengthening .053 (3) x .054 (1) and no selling. At this level .054, there is buying, so I feel we will move up from here.
All my opinion - GLTA of Us
BB - do you know Ron at Richboy Trading - personally.
The 25K rule is terrible for us with less than 25K.
The market is much too volatile and all of us need to be able to trade as freely as we want.
BB, Please advise, TIA
SHAR - Is it still in play? 27 buys in a row since the B x A is .017 x .018.
GNET is the only MM sitting on the Ask. Are shares being dumped int othe market?
Please advise, TIA
SHRN revenue PR: Shelron Group Expects Significant Revenue Growth for 2nd Quarter
SHRN ran to .081 and has settled at .078 (4) x .08 (4).
Anyone still in or watching?
Does SHRN have another run or is it done? TIA
BB, please post an annotated chart TIA
BB, Please post an onnotated chart on MRKL tia
Help - I have less than 25k in my Ameritrade Account and Ameritrade has just stopped (enforced) more than 3 day trade round trips in any 5 business days and have frozen my funds. My account is a Margin Account. I spoke to them and supposedly they will unlock my account but basically no more day trading.
Anyone with any ideas or suggestions. Getting the account up to 25k will be difficult.
TIA
the unknown - thank you for the encouragement. I have watched and traded TRBY for quite a while.
I am just blind-sided by what has happened today.
I agree, multi day runs are getting so rare and so people are taking profits quickly and that is what kills runs.
People are getting so scared to hold as over time the price of most stocks seemingly just drift down and exactly what happened to you is that when we get a price bounce or a small run, the price does not reach "break even" (in your case .08) and so either you sell at a loss or just carry on holding and hoping for the best
Well now I am holding at a loss as well and I am not sure what to do. I will probably hold until next week and hope for the best.
Hoping for the best - is no way to trade.
I also think the weak hands are out but the MM's have a way of squeezing the Bid down. The current B x A of .047 x .054 is very very disappointing.
I was really expecting a follow through today and I am so disappointed. Now it appears that until we get another PR the price will drift back down to between .04 and .045
The bottom of the Bollinger Band is .042 at the moment and I expect the price to drift down unless we get some buying pressure and tomorrow is already Thursday, nearly the end of the week.
The old saying that "no-one ever went broke taking profits" is so true. The good traders sold into the run yesterday and took profits and today if they want, they can buy back cheaper.
Hi guys, you all seem so knowledgable. The mm's really shook the tree very hard to get what appears to be cheap shares. There did not appear to me to be dumping of shares but just an mm "robbery"
Do you see this any differently? TIA
I have no clue and am still shocked by what has happened. Today there have been a few more sells. The 2 sells were for 150,000 shares at .007
I did not grow up in the USA, (I have lived here for 20 yrs) and I know how big soccer is around the world. I had real high hopes for ISME. SO many games in Europe are played during the day in the USA and to have real time goal alerts to the cell phone to me is tremendous.
The company seems to be well run by dedicated people but I am left feeling that we have been "scammed" again in pennyland.
Yes, I am feeling real bad and I am fearing the worst and expecting a continued drop unless there is a huge PR with real revenue.
Even at this low price there are no buyers which seems to indicate to me that no one is interested in ISME or perhaps I am too naive to have thought that this would be a winning stock.
I seem to have made real bad choices in stocks, ISME, IBZT, TFCT, MSEP, MBAH.
It appears to me as I mentally review all my losses that the only way to play this brutal market is to play momentum plays for 1 to 3 days and move on and never to hold any long position at all.
The reality that we all need to face is that even if we get an ISMA bounce off some low, how high will the bounce be. Most of us will still have lost money at the end of the day.
GLTA of Us
I hope you all are doing much better than I am and are making money trading.
I am in shock over todays "slaughter" NITE sitting on both the Bid and the Ask at .0052 x .0055 with apparently a lot of support at .005 as that is where 6 mm's are sitting.
The question is - Is this real support or justa fake wall?
We need a positive PR soon with real potential revenue numbers or we could be toast.
All this is my own opinion and yes I am really concerned about what happened today
I added another 100,000 at .006 to average down but I am very concerned - the stock "crashed" and I cannot find any explanation for this.
Anyone out there who can shed some light on the current share price and give us some hope looking forward ?
I never ever expected to see this price ever !!!
TIA - GLTA of Us (it is not looking good)
NO I have not sold any - to do that at this level would be a big mistake since by now we are either down big time (like me) or have seen the profits melt away. It is just so hard to see the value decrease day after day. I am now doubting my ability. I keep on asking myself how did I read this so wrong. After the initial pull back to .043 and then reversal I really felt we were going to all be fine. .043 was less than half of the high of .089
Today we hit .02 - that is so far off the high and that is what has us all in shock. GLTA of Us
I will be honest
I broke my rule about getting out of losing positions and taking a small loss and not a huge one. I now have IBZT flashing in front of me. I am down so much that I am scared. I completely misread this - I so thought that .044 was support and then .033.
I bought more at .045 and .031. I am in shock. Where is support now .015 and even with the greatest news how are we going to get back to higher levels?
Thank you, Mike, that is just what I needed to hear.
I have no intention of selling any MSEP.
So many pennies are just being pushed down on low volume. I am concerned that people have been pushed out of the market by the market being so tough. I am barely hanging on and am also thinking of looking for a job again.
We are going to need volume to have a price increase and if too many investors have left the market, how is the prcie going to go back up?
Any analysis will be helpful. TIA
Hi Mike,
You have been blessed with a lot of patience. Patience is necessary for successful trading.
Lets see if T/A and our chart can help us.
3 low volume red days with the low being today at .033
Very often the market works in 3's so I do expect a slight uptick tomorrow. Although the low volume does cause the price very often to creep down, it also very often signals the end of selling as there is no-one left to sell.
The Fast Stochastic = 8.47
RSI - 27.4
Bollinger Bands are tightening and we are now near the bottom of the BB.
Indicators seemingly indicate we are at or very near the bottom.
The 50 SMA = .03 and I feel that this is potentially the real absolute bottom. Remember everyday the 50 SMA goes up as we have been trading above it for so long so tomorrow it will be above .03
Next point to ponder:
On Feb 25 we opened at .033 pushed down and then ran to close at .042. Feb 25 started the serious run to .089 so I feel that this supports our bottom as .033 (todays bottom)
Next point Fibonacci:
Here is my error I always use a 61.8% Fib retracement.
Using .015 to .089 (The 61.8% Fib Retracement = .044 and i thought that was the bottom - I was so confident I bought 100,000 at .045)
Now there is a 76.4% Fibonacci Retracement (as well as 100% and 127.2%)
.015 to .089 = .074 x 76.4% = .056
Take .089 - .056 = .033
Fib Retracements are so accurate that they are scary.
Now I have never used 76.4% Fib before so lets say that MSEP has just experienced an extreme Fib Retracement of 76.4%
Today we hit the bottom of .033 on the 3rd red day of low volume so starting tomorrow in my Opinion we start the reversal.
The 50 SMA is very very strong support
All this is my humble opinion.
I also felt that .04 would hold after we closed there on Monday.
Mike add your thoughts but unless the Quarterly Report is really bad and we are closed on Friday, Monday is only 4 days before months end and we all have been lead to believe that the Quarterly Report will be before next Thurday.
Based on buy on "rumor" I expect starting Monday for the buying pressure to start increasing in view of the Quarterly and the price to move upwards over .04 and maybe close to .05 the middle of the BB. We will then need a PR or great Quarterly to drive us over the middle of the BB.
All my own Opinion
GTLA of Us
Correction - message #350
Mike, I was commenting on MSG # 344 by palacian who suggested an increase in the O/S. I should have prefaced my comments with that introduction as I do read every post. Sorry for the confusion.
If the O/S is really 500 million - yes then we are in trouble because the value of the stock is being diminshed by dilution.
We all have high hopes for the Quarterly and good news and it is usually buy on rumor so maybe someone knows something
They have just walked the price back down again. .04 is support if that does not hold today - we are in for a very tough rest of the week.
Sometimes just before great news the MM's shake real hard to get cheap shares before the run. I hope this is true for our MSEP.
I am taking a real hard hit today.
GLTA of Us
The 50 SMA = .026
The way the MM's are manipulating this down. There was no reason for the gap down on Monday from .055 to .05 - it will not surprise me after the last 2 days if they make one last incredible shake out move to .026.
The 50 SMA moves up all the time as we have been trading well above it.
Another point to ponder today is day 3 of being Red - last time we reversed after the 3 day rule - so todays close and tomorrow will be very interesting.
GLTA of Us
Anyone - what has caused this price take down? From high of .089 to low of .036 is about as vicious for a legitimate company as I can remember seeing? I have been averaging down and everyday they "slaughter" it some more.
I was so sure .045 the middle of the BB was the real support and that did not hold today.
How low can they sink this or are we done?
The next support is .028 and then back to .015
Any real insight is appreciated for all of us - TIA
MLXO - trying to buy 25k at .08 only 5k partial for now. Chart looks like ready for a strong reversal - Thank You
Jeff on Ask SFTV - how much can he have to sell ?
Please explain how this is not dilution ? TIA
SFTV - anyone know the true float - TIA
SFTV picked up 100k at .009 - this does not make any sense is there dilution going on ?
IDVL 10K Amended - this should be good news and perhaps we will see an early morning "pop" tomorrow. I bought 500k at .0021 before the close.
Trying to buy 30,000 OSFT at .0215 - Not getting filled
Any thoughts on MAUG ?
L2 OSFT Tia