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That is me buying up all the shares this morning!!!!
Kidding, but I'm long over 2 weeks now @ approx .0158
I like ACUR & think their technology is unique positioned to benefit going forward, & considering that they have enough cash for approx 1.5 years or longer, I'd agree that they can easily achieve a higher price later on above 2+. Likely a buying opportunity shaping up recently into the 1.50 area so far.
That's right, there seemed to be no t-trades today, a good thing!! and that 250k around 14:54 today was solid market buying toward the ask. A red day, but a good day in that respect.
Basically, if you believe in a trade, carefully scale into it at certain points of major wekaness
I have a low risk ownership for scenario in ELRA, so I can afford to wait out negative volatility until I get my trade accomplished (as I own .0158)... I don't have any stop-loss or anything like that with intent to sell. I possibly will add to it if it weakens more yet. I believe that .04 or even wit right news maybe .10+ will eventually occur later in short term for speculation. I think minimally we see .03+ again.
I NEVER said ELRA couldn't drop more yet toward lower .01. I've been saying that .01+ is the multi-month support that needs to hold & that we've not yet established a bottom ever since it broke below .015. I've been saying last couple weeks it is in area for good possible buying opportunity, and that we could later see .04+ or more, but in the interim recently it is not looking good.
*****So please do not mis-characterize my posts.
*****I've been saying since day one that we could see more negative volatility down toward .01 yet until ELRA gets news or trade action that establishes better support
I think there'll be another attempt to pump IWEB as it gets really low fast into subpenny land recently. The promoters will be out I think in near future as this thing hits such nice low area. .004 is an interesting spot so far to start looking at buying.
Just don't be surprised to see the pumpers promoting this back toward .01+, and of course that will be a short term trade only. I'd never look at a stock like this longer term.
I've speculated or hoped for a 'bottom' recently , too, but one must be honest intellectually about this or any stock. Currently it has not established a 'bottom', and to say it is only is speculation until it has established a bottom. And when it has established it, it will already by higher... thus the nature of technicals.
It is possible that there will be those that wish they bought here when they had a chance, but we must wait and see what happens))
Until then, it is all speculative about bottoms, etc.
what makes you so sure it is bottom?? It has not established a bottom yet. There is multi-month pps support approx .011, but that is all we have. so far today ti is trading like a piece of junk
The first hour looked good up to nearly .016, but that is all so far today as some more selling took over since then. We need to see how the rest of the day plays out
Cheers! Tx for your reply AQUA
I disagree, there are plenty of good potential biotechs with good technology on OTC market!!
Other than AMBS, just a few that come to mind are ONCS, BCLI, GOVX, ELTP. All of which are OTC stocks that have credible medical technology or drugs so far that likely will be break throughs you will hear about in years to come.
430,000 shares @ .0155 & 14:53:36.
No posts on NAMG in almost 2 months??? Why?? As of today near .15-.16 it is looking interesting, as if it might be setting up for an uptrend.
Thanks Integral, we shall see what happens. And yes I'm not married to this or any penny stock & only take reasonable risks when trading them. But ELRA is worth a speculative trade here to the upside in coming days or weeks.
Your entire posted thesis is all purely presumptive that you can predict subpenny down to ".0075" is going to happen. True the trend is down recently with added dilution, but you are presuming that it will go to .0075- subpenny, and it is pure speculation & presumption. LOL to your telling people their not smart for buying .01 because your entire post is presumptive analysis guess work
Yes, it is a sideways drop so far... but don't underestimate this thing to surprise and suddenly fly. It might not be until it hits .012-.01, etc, but I believe this will re-visit .04+
I can see you're the type who makes a real intellectual contribution to the boards!!! ---LOL--- ha ha ha! ------
But really, anyone who trades these stocks should not use more money than they can afford to lose, so what ever happens in general, or if any goofy bashing twits want to make goofy posts, then so be it, it should not matter if people are applying money exposure which you can tolerate with a penny stock; using proper risk/reward concepts.
No switch, just calling ELRA 'as it trades'.... The morning has started out as a "piece of garbage"
It is going as a piece of garbage so far today!!
Next couple of days will defining for ELRA pps conviction, however. But good we held support above .015 and closed to .016. "so far so good"
Just hit a new low .0151 today, so I wouldn't go cheering just yet!! But so long as .015 holds up for recent support, then we'll be fine, but we are teetering closely. And if it breaks .015, then we have to consider .011 as (multi-month) support---- all of which I pointed out in earlier post prior to today.
AGAIN, what is different about ELRA compared to many other penny stocks that do dilution??? you are very redundant. Your message has been received about the debenture issue.
I'll not be able to continue replying to you with this redundancy, I'm not a paying IHub subscriber, so my posts capacity is limited.
Have a nice day. TTYL))
I'm not a long term investor, just a short term swing trader, so the debenture funding does not totally matter to me (other than to help create an opportunity to buy). The debentures or selling abate at times, and news items can occur, and overall it is about the swings on the chart "in-out". I always assume at a minimum all penny stocks that don;t make net profit are using dilutive financing, so I don;t let it completely fog my judgment by not taking a buy risk.
We'll likely see .04+ at least for a trade here, just wait and see))
Fine, that is your choice. But I was correcting you on your stating that no MM could be accumulating it. You were supposing that the MM doing the convertible debenture is the only MM & only retail investors are buying. Other MM's can be accumulating ELRA while one is doing a dilutive convertible.
But ELRA, among other penny stocks in worse scenarios have had nice volatile trading abilities despite debenture funding, so I cease to understand your excessive bearishness. ELRA has and will continue to do some debenture funding.
It is nice you help educate people about the toxic financiers impacting a stock, but I think you take it to extremes with over bearishness.
Integral, You are wrong & right:
What you say makes sense & is true about one financier (MM) diluting, but you are wrong when you say that MMs are not accumulating ELRA. What you have right is that an MM that is doing a convertible debenture is shorting, etc, but that does not mean other MMs are not accumulating. There are many Market Makers / Manipulators in the market. One is shorting (which you point out) and converting shares, while others can be or are accumulating for a possible run-up.
You have certain facts correct, but you are overwhelmingly negative & is is affecting your rationalization disproprtionately
I think risk of subpenny in the near term is very low. I think you exaggerate the dilution situation on ELRA. Eventually it may be later this year or next, but not before ELRA most likely runs again(back to .04-.10) from these approx .01 level.
sometimes that is MMs accumulating slowly. You can't presume anything for sure when trading.
ELRA recent price support is at .015 since last week, so I would not panic yet as it is still holding up from that technical perspective. And if that .015 support breaks, I believe .01+ multi-month support likely will hold, & I'll add more then. I've been long since last Friday(March 14) at approx .0158 for first buy.
I think we can get .04+ for a trade minimally when it decides to bounce in short term. And potentially .05-.10+ is distinctly possible, all depending on news. They likely will soon update the public on recent progress, & they are due to update us on the Virtual Horceracing deal among other things.
The bitcoin issue also seems to have affected ELRA simply because of its gaming industry relationship, and is now becoming priced in helping to create an oversold stock. But fundamentally speaking---bitcoin issues/risk have little to do with ELRA business & financials, so the sell off related to any bitcoin issues has improperly hurt this stock.
Regarding bitcoin, here is a reminder for analysis perspective from a recent Press Release:
- "Elray does not trade in Bitcoins for its own account, and therefore has no exposure to any fluctuation and therefore no risk with respect to the volatility of the Bitcoin. Elray simply acquires coins on behalf of customers and charges a commission for the service. Elray holds the coins in a secure Armory. The Armory is a full-featured Bitcoin wallet management application, and It allows Elray to maintain multiple encrypted wallets, permanent one-time “paper backups” for those wallets, and even a system for storing all of the customers Bitcoins on an offline computer to keep them safe from online attackers. Elray does not accept money for Bitcoins and only trades Virtual items for Bitcoins utilizing its Virtual Exchange and therefore fully complies with current Chinese regulations."
Sometime in a few weeks the SEC will allow at the least some trading(temporarily) of PWEI, so your only hope is to pray that you can get out of PWEI then with as little loss as possible--- That is the reality here... And fortunately I've been on sidelines, so I don't have to sweat through this anguish of when it will trade or ever, and how much loss possible.
Good luck to you all.
APS will be moving to a new stock it seems soon.
APS apparently took down the banner promotion of PWEI.... So they're moving onward to a new one... Sorry!!
Wow! I'm glad I have been on the sidelines yet!!! Enduring a suspension would be brutal.
APS stock picks typically have a big sell off within 2-3 days of their first announcement. That probably will be time to buy if it happens, then look for some short term upside for a trade. And they are claiming .50+ with 1.00 possible in their e-mails. So if this thing has rally potential for break out, PWEI will probably see .20-.30 area when comparing the history of where a stock goes to rather than their target claims.
No after hours on penny stocks you say?? Did you just start trading today?? LOL.
Last Sale at 16:11 for 2 million shares @ .0601 = After hours.
***All stocks are capable of after hours, it it just a matter of interest & volume, news, etc.
The fundamentals mean nothing here. It is all about the APS pump in the short term. Just trade the swings... that simple!!
Garyst, as you know typically the APS pick drops about the 2nd day after its release. That is when best time to buy it and quickly swinging it. That's what I'll be watching for. GL to you
Great, thanks for the info on APS. I finally got the e-mail early this evening after my post today wondering about APS.
I have not received any APS e-mail about expecting a new pick. Been a week since I've seen anything.
you have Madoff totally mixed up incorrectly as same as APS or stock promoters. Totally different. They are both bad people, but not same types of legalities at all.... anyhow, anyone who gets duped into these promotions and holds too long hoping for big money is stupid & deserves the loss of $$$.
OK, GARYST, we are mostly in agreement. Good to see you again (from months ago at ACCS board)