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Another 50% drop would be 23 cents. I still think that price is likely in the next few days.
Day traders are watching the 50MA and 100MA. But I think ECIT will drop another 50% from here.
ECIT is ESHIT since the Email promos. Pump and dump website shows 4 paid promotions listed on Feb 8th touting ECIT.
Any body paying more than 17 cents a shares would be crazy.
A-Cry, B-Cry, C-Cry, D-Cry, Sell.
Feb 10th. Nice volume and retest the low.
Ape Gas.
Non negative day. Might see 8+ cents today.
A very patient seller that is unloading 250k shares a day for 15 days in a row?
Anybody been watching level II action on this? Short selling manipulation or program seller? Seems more like the later.
More GUMP and less GUNP.
SSSSPENNY. Sky Power Sinking Carp.
Maybe the bounce is over. 8 cents to 12.5 cents was a 50% gain.
Predict the dead cat bounce. Going lower so I'll say
3.5 cents to 8 cents.
40k shares at 12.5 cents bitch slapped back to 8 cents and probably lower.
Never buy a OTC stock if/when…
1. The price is below all moving averages (BAMA)
2. Less than a year old, no 200 day moving average
3. With recent promotional mailer, spam E-Mails, fluffy, excessive or daily PR's, cold phone calls
4. Price is at an old time low
5. Checkered Past by Company Executives
6. Broker Restriction on Buying and Selling
7. No Record of Revenues or Profit for Companies that Have Traded for More Than 6 Months
8. Huge or heavy dilution
9. Unable to Contact the Company at all
10. The company makes many promises but never delivers.
11. Pink or grey sheet
12. Recent death news like "FDA fails to approve drug..."
13. With very weak volume, or strange volume pattern
14. No physical place of business
15. A company that changes its business entirely, like from mining to medical ( not reverse merger)
16. Less than 5 employees
17. Be aware of the first 6 and 9 month mark when employees are allowed to sell their stock
18. Recent history of reverse splits
19. Can not find the actual number of shares and float
20. PR's that blame MM's and short selling
21. Total lack of communication from company.
22. No follow-through on promises by management
23. The authorize share count is raised
24. Long period of time with no volume
25. Large spread in the bid and ask
26. Large or long negative trend
27. History of trading being halted
28. Company incorporated in Nevada
29. Failure to file on time
30. Be careful with biotech stocks. Bad news is quick and brutal.
Amazing negative run based on a P&D Mailer. 13 straight days of selling pressure. Day traders usually push it up at least one day.
Due for a dead cat bounce.
Looks like SOIS primed to shoot up. Triple bagger in blink.
Oil stock looks like it going to double. SOIS. Better than it dead stock.
Price going up volume going down. Back to 5 cents.
I never have good luck with falling knife stocks (GRDB), they are pure evil. Just a trial of tears. I have a few in my database like TCHH. The first bounce is small and only returns to the 5 day average. But Thursdays often are the green day.
Yeah, sounds about right. Small gains large losses. Checked out your list.
MSPD looks like a strong buy to me. Nice cup and handle.
He is over at the TTEG board. Somebody must be watching, because they are still deleting posts. Better read this post quick.
Did okay here today, but bailed out a little early. GRDB will probably bounce 100% once it hits the bottom. Very quiet on that board considering it has been the number one loser everyday this week.
I try to stay away from pinks with that many zeros. I've been burned a couple times due to wrong decimal point. Bought some WSEG today. Nothing else has hit my target price yet.
Too easy to get sucked in here. I'm done here today, but waiting for new lows.
100 day moving average $1.82. Probably won't hold this week.
50% loss from peak $1.62. Very likely.
78% Fibonacci around $1.65. Very likely.
Close the gap price $1.50. Start buying.
Falling knife 55 to 60% drop means a price below $1.45.
Double bottom price $1.20. Rock bottom.
Damn, I just bailed out at $1.90.
True, but I did buy 10k at 1.90 sold 5k at 2.00. So I am watching.
Pump and flush.
Always goes lower than you think. Try 0.0003.
I shot an arrow into the air, It fell to earth,
I knew not where.
Could be, but it looks like it might roll over. I,m etting a nose bleed up here.
Could be the employees are selling their options after the first six month trading restriction has been lifted.
Does BDYT sell parachutes? Aaaahhhhhh. It only hurts when you hit the bottom.
Damn nice day, just sold the last share. Kaching$.
Nice drop today.
Vote for dilution? Back to 3 cents or lower.
Financials suck. Can you say new all time low.
I tried to hit the ask at 88, 89, 90 and 91 and someone else got my shares everytime. Not going to chase it anymore.