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If you analyze the past one week SOBM trading. Looks like 70:30 Buy:Sell ratio. IMO. This to be suggests that the sells and buys happen at ask. This is a good sign for uptrend.
Hopefully we get a news tomorrow and continue our uptrend.
Any stock needs a MOMO to go higher. We already had that MOMO. I see it go up from here. All the stocks which ran like 1000% will get MOMO initially, then flat for few days and then take off.
Flat does not mean always finising in Green. That is called accumulation phase before the run. I think last 2 to 3 days are accumulation phase. So IMO SOBM is ready for a take off now.
I see your good intensions. But thats not how the penny stocks work IMO. They need MOMO. Its comes from some newsleters or from company news. I believe in our case MOMO was from the company news or (company news + newsltter according to you). I am ok with any way we get momo for the stock.
The stock should reach more investors in some way. I think whatever happened, SOBM reached more investors now. I think the run we have seen is nothing. Its going to go atleast 200% from these levels.
Ok If that is the case. Please visit this board next week and read your posts again. It might look funny for you. I will PM you when it reaches 0.50.
Also you accept that you sold early on this monster. Atleast after seeing 0.50 PPS short term.
I have seen lot of penny stocks which run with the anticipation of news. This has real news and more news to follow. IMO we will see higher highs for few more days.
I am hearing overbought for the past 4 days. Chart does not know the future news coming our way. IMO we are going higher.
SOBM looks to be a good for me. You do your DD before you buy into any stock rather than complaining someone else.
You got 30% profit and complaining some one. I cannot believe this. I will take free 30% alert from anyone.
It does not matter when you get the alert from your newsletters. Play for the momo and lock your profit.
Wait for few days, if you dont gain, then complain or dont play their alerts. This looks to me a good play short term atleast to 0.50. So wait for few days before you complain someone. IMO.
No one is going alert thinking its going to go down.
I understand. 99.99% is funny. So you say only 1 out of 10000 newsletters is interactive.
What difference it makes if its interactive or not. I know lot of newsletters which are interactive. I can say more than 70% interactive.
Interactive or not, both newsletters going to tell their members to buy the stock. Its upto the members to buy or not.
Yes you are right. More investors are getting into SOBM and some people bashing it. Promotion or not, this is going to run.
SOBM #9 on Active Forums
#5 on the Break out board
Listed on the Ticker Buzz Cloud.
If it was alerted on Sept 1st, who is buying now after a week. All the promoters are for Initial Momo only and then the stocks runs on its own once we get more news. We are trading here short term or long term. I dont see any point in the bashing post by someone.
Still I believe SOBM will be 0.50 short term.
Looks like you were also new to this board. Does that mean you also belong to the same group you claim?
I think most of the newsletters do that. Fact is everyone gains from the alerts. IMO its not that subscribers dump on free members. Subscribers also stay long and Free members also gain. Giving an alert is an opinion, its upto the individual to trade.
So you saying the last two news were from some promoter on behalf of SOBM.
whatever you guys say, I dont care. I believe this will be going higher short term and long term.
So you guys saying the stock did not go up because of New CEO news? You guys should be wrong.
Yes Brad. Thanks a lot for spending your time and updating the S/S from T/A. But we should get the float before we update in ibox.
Justin, I am saying the current run is not covered by any newsletters.
I think 0.06 to 0.15 run is covered by some newsleters but not the current run from 0.10 levels. All those who bought in that run would have already sold and I believe those shares in longs hands now.
The company is going to be more transparent and we will get all the S/S info soon. IMO all justin cared was the float and it is believed to be in 35 to 40 million. I would request the Mod to update the S/S once the company confirms it.
1. When we get a rally news, It does not matter if we had more shares traded between 0.03 and 0.10. Also those could be insiders buying at those cheap levels. They know about the future of the company better.
2. I believe lot of floats are in strong hands. Some bought above $1 and some shares bought last week. (No argument here). Thst looks to be fact to me.
3. If the most of float is not in Longs hands, We could have seen the sell off after 90% increase in PPS.
4. After the news, I see this move higher with less volume. I dont think not many people are going to sell it for less than 0.60 to 0.75 range. Even sell off in the 0.60 - 0.75 range is good for the next leg up to $1 to $1.50 range.
5. Best part of this run, this is not profiled in any news letters yet.
You call it FLD or tiny L2, It does not matter. Most of the shares in Longs hands.
All above IMO.
I would not say ton of shares bought between 0.03 to 0.05. I think most of the shares bought in those ranges would have been sold now. Now we next leg up.
You can see the chart in stockcharts.com
I would update the ibox after getting the actual float. Looks to me float between 35 to 40 million.
I don't understand what is your objective here. I am not here to argue with you.
If you are following L2 all day, I don't understand why would you ask these questions. I am sorry. All longs know what those 555 trade means and I am happy with that.
If you are trying to be short or flip, I would say this is not the right time in SOBM. IMO.
GLTY.
I agree with you. All the longs here know who is buying 555 trades. Its an investor with big pockets and who has already invested a lot in SOBM already.
We are here to discuss about SOBM. Please be on topic.
One 555 topic does not mean anything, I agree. What if there 100 555 trading? Please see L2 for more details. This 555 trade has not started today. Its going on for the past 4 or 5 trading sessions.
Do you have an L2 and you follow it all day? If you follow L2 then you will understand what we are all discussing about.
Hope this helps
Posted by: SynthTrader Date: Thursday, September 09, 2010 12:40:11 PM
In reply to: ricky2002 who wrote msg# 806 Post # of 835
I think all Brad was suggesting is that the "555" isn't necessarily an MM code. He was sarcastically joking about why they wouldn't just use the phone, or why they would use codes that everybody knows about. I agree with the sentiment, that the MM's aren't necessarily sending codes to one another with the "555". That's most likely an investor sending signals, hoping folks will THINK it is an MM. And if they want to keep buying 555 shares at the ask every time it moves, I'm fine with that. Wish I could afford to do that! hehe
You are right Justin. 555 trades a real deal in SOBM.
We already had a discussion about the 555 trades and I thought we came to a conclusion.
Yes there will be some who set their limit sell but not all.
Yes True. Everything points to upward movement for SOBM
IMO it might be shorts who took it down. We never know. I think everything looking good for SOBM right now.
We had a long discussion about the short squeeze and concluded we cannot arrive at the number of shares short.
IMO If someone is short now, its better for them to cover now. News expected any time soon.
Look at my timing, we got 555 trade 4 seconds later my message is posted. This is a indication we are going higher.
I was right. 5000 buy took NITE off the ask at 18. NITE is trying his best to bring the PPS down. He wont succeed. We will see a 555 trade at .188 soon.
Look at NITE. he is back at 18 on the ASK. The last trade at .189. Buys started at the Ask. But NITE wants to walk this down. Why else would he be on Ask at 0.18?
But IMO sobm is so strong, it will take the nite off the ask. I think its a fake wall, small buy move him off the ask at 18.
SOBM getting more attentions IMO.
#11 on the iHub active forums and #7 on the Breakout boards.
I think Brad is long who is trying to get the answers for the questions which can be useful for the new investors.
I am seeing it traded over $1.25 in late 2007's and early 2008's. Lot of holders from that level.
Hi Justin, I cannot believe we have more action on this board without you for the past 30 mins. Did you see Nite off the ask at 0.189. I think its a good indicator we go higher now.