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rfranke727, sorry i don't have private messaging but just read my post #25761, that's just my opinion, if this gets re-pumped like i think some newsletter probably will re-pump it, sometimes they have been known to walk one down then load up or even tank one to scoop up cheapies if they plan on doing that, is this the case here, not sure but this stock did receive alot of buzz before the 8K. It's just my opinion but i have flipped this thing twice already just because of rumour, hype, a pr and an 8K. But these things are a gamble do i think this company is legit of course not but that is my opinion, is that going to cause it not to run if it does of course not. I've seen straight up scams be multi-baggers. I hop in and out of stocks fairly quick so personally i have a trading strategy and once i meet that i bail and could care less what it does afterwards, i've been in some and have missed out on some very nice gains i could of had and i got out of some and they tanked just right after, so its everyone for their own and their own trading strategy, so i'm hoping for a pump whether it does or not is anyones guess.
Almost time to hop back in....
Penny Stocks can be extremely volatile to say the least, some shoot up quick but at the same time they can tank just as quick if not quicker. I myself have learned hard lessons with these and still pick up tidbits of helpful info along the way so i kinda have a more disciplined strategy now that seems to be working for me at least i'm a little more successful with it because i try to limit my risks as much as i can. For starters, i personally never hold a stock long and i usually mean no longer than 3 days, sometimes i even daytrade, i don't care what the company is claiming because 90% of these pennies are crap stocks anyway, i play news, rumours, pump and dumps, dead cat bounces, just anything i can get a gain off of and i get in and get out quick. For example a stock that is being pumped today i bought in yesterday when it moved 20% i sold, doesn't sound like a whole lot but if you do the math if you find one stock a week that moves just 20% and just keep flipping it that can add up to a sizeable amount in a years time. Start with whatever amount you want to $100, $200, $500, $1000 just whatever you can and just take whatever gains depending on what the chart looks like and try to find one stock a week that moves just 20% or possibly more of course if you can reach a point after about 5 trades then take out your initial investment so it's like you're playing with free money in a way and see what you can snowball it into, treat it like a game or contest. Me and several others are doing this and it's interesting we started with $200 bucks and a lady in our group is up to $37,000 in 5 months seriously, they can read charts a lot better than i can but we all support each other and it's actually fun, well most of the time, hahaha. We kick around ideas but if you happen to get in on a multi-bagger like she did it pumps you up. It's basically like playing Roulette with these penny stocks but well all agreed to keep flipping and see who could have the most at the end of the year. Example, if you start with $500 find one a week that moves just 20% you do the math it's more than what the average person makes in a year in just 6 months, just food for thought but if you or anyone else is interested in sharing any ideas or stocks, heck give me a hollar is this strategy perfect, of course not, but i feel it limits my risk and i'm not a bagholder in any stock and that strategy is more profitable than waiting and hoping for weeks or months for that multi-bagger, plus that ties up money and time, keep the faith though, we have all been sunk and tried to claw our way back out of a stock at one time or another.
If you're like me you try every tactic you can to grab some gains and i've did that many times buy then sell next day at the open and you're right it works often. Different traders have different strategies but that's one i use often myself.
I was meaning when him and his crew starts covering after they short a stock, i buy in, usually it drifts back up 10 to 20% sometimes more. You're not shorting it you're just buying in when they start covering because they do bring alot of volume and when one drifts back up i sell, usually a daytrade.
Use Sykes method in a different approach like i have several times before, when they short the heck out of a stock then when they cover hop in and usually but not always you can get a good 10 to 20% scalp, i've seen as much as 60%, just a thought, it's something to i do if i can't find a stock to play at the time... Just an my opinion though....
A pump newsletter will grab ahold of this one since there was alot of hype about it before hand, it's just a matter of time and patience. I'm not ready to dive back in yet but still keeping an eye on it, alot of these pump and dumps get attention just takes a lil patience, they'll take it down to maybe fill in gaps or even tank it so they can scoop up some cheapies then the next thing you know they will promote this like they do everything else like it's the next best thing since peanut butter and jelly, when they do decide to pump it just know when to bail. My opinion, some newsletter will probably get ahold of it over the weekend and then start sending out those emails to bring the volume and buying pressure this thing needs.
Nice move up...
Tomorrow, It runs... This is going green and closing green, my opinion of course.
Dude, Love the video, hahaha... Hope nobody deletes that...
You call that a green close, hahaha...
Like you said every trader has a hit and miss but seriously he is right a heck of alot more times that not, you can't be ranked like he is and not know somewhat what you're doing, but he can be an obnixious prick sometimes, hahaha... He likes to gloat when he is right, makes you wanna kick em in his ding ding.
Just tell him to suck it up and crow like i may have to do today, but the rumour was Sikes and his crew was possibly gonna hop on this today, that's why i steered clear, you can't dispute that man's trading skills, him and his follwers can beat a stock down quick, that's also another way i try to scalp gains when he says cover i hop in and try to take a 10 to 20% scalp but he didn't make the call today so i'll try to find another play..
Hahaha, I hear ya, It's all good if only it was true but maybe it will make a run for you if you're in it but between diluting and Sykes and his crew eyeballing it, it's gonna be a done turkey so i wouldn't hang around too long.
You're right i missed on that but that was after my RHIE ran 400% and my EGOH went from from subpenny to .20 within 48 hours, but i won't go back through your prior investments.
Day's not over, since you are an experienced trader with cat like trading skills you should know patience is a virtue.
Scalp time....
I'd like for you to forward that post to me, i've never posted about that stock you're talking about.
We shall see, By the way don't let my screen name fool ya, i did that for a reason, time will tell, i'm not saying it won't run just don't see it happening tomorrow.
Mark this post, Closes red tomorrow and we will see who knows what they're talking about..
Let's wait and see tomorrow what happens at the close and if there are any shares that show up after hours like today, now saying it won't run but at the same time just gonna see how it reacts tomorrow before i think about possibly jumping in...
37.14 million shares dumped today, Closes red tomorrow and probably closes in the .04's
I'll agree with you on that and same here i sold into the peak of the pump, waiting for another entry, my opinion it goes lower once again tomorrow, believe it will hit .022's also if the supposedly 8k isn't posted tomorrow evening, Wednesday will get ugly quick you will see all kinds of selling and from the dd i've done from the po mailbox to the website to the industry metal mining classification to the picture of their headquarters it leaves me skeptical, i believe the 8k may possibly either be late or may not specify or contain what shareholders think it will but who knows with these things.
I'll call a .024 close with 200k or 300k shares dumped AH
Well you said if anyone had doubt, so there you go you can have the other half of my shares, I'm out, just going to keep this one on watch for now, better hope that 8k comes out or it's going below .02
I was just reading from actual links the info i gathered, i didn't write or create the links or websites, so No i wasn't stating wrong info, if the info is wrong then those websites have it as such, so try to not to get the wrong idea and make it seem like i am presenting false info, i'm just doing dd. If i came off that way then i apologize but i do this with every stock i invest in but i also like reading all info and links from everyone. Not saying this won't make a run because trust me i've seen less interesting stocks be a multi-bagger, just gathering all the info i can but i'm also not a long term investor in any stock period (except one) and it's in the stem cell sector. But i enjoy sharing ideas, opinions, and thoughts about any stocks with anyone.
A change of address is very easy to do, especially a po box, also, so you don't find it strange that they are classified as a Metal Mining industry. http://www.otcmarkets.com/stock/FBCD/company-info Not to mention some are having problems not being able to access the website, also a change of address, which you state is a po box now and that run down looking picture of an apartment that was listed as their headquarters is false or invalid.
Look at the headquarters, I'm always skeptical with pennies because 95% are a scam of some sort that's why i sold half my position for a nice gain but left half just in case it decides to make a run if and when the 8K is filed. You never know with these things...
My pick is FBCD at .03
Here we go almost time to add more, I sold half my position .022's in the peak of the run and now waiting to find another entry point, without volume this will could possibly go back to low .02's until the 8K does come out, but i just took a chance and figured they would short the run and keep it down until then. Kinda risky strategy but anytime i get a chance to take decent gains i do.
Nice movement today...
It's pump time finally, Let's see if it moves....
It's a wrap, Triple zero's. Next name and ticker change after reverse split.
got a partial fill at .0221 for a small starter position...
Thinking about taking a starter here, new to this stock and don't know a lot about it...
My pick is CBAI at .14
I see it has gotten attention now, took a while but i unloaded half my shares for a double and just gonna let the rest ride for now.
My pick is MSFN at .016
My pick is CAVO @ .80