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Thank you.
Nice charting package! May I ask what it is ... and is the Elliot Wave overlay an indicator?
FNMA's PPS has dropped beneath its 100-day 20MA. First time since April 16th that's happened.
Watching this closely now.
I exited on Friday at $2.01 in order to concentrate on the 100-day 20, 50 and 200MAs. Each of them are flattening.
I'll wait a spell ... but GLTA!
Let's go FANNIE!
Just got spooked and stepped away for the weekend. Hopefully, Monday (or Tuesday) will see the debut of FNMA 2.
Blue, you're wonderful! I only wish that I had you in several other trades I'm in. YOU ARE A FORCE, MY MAN!
NEWS JUST OUT. S&P RANKS FANNIE ABOVE AVERAGE!
The 100-day 20MA continues to hold. Be calm.
Blue, you're not only an excellent trader ... but you've got a GREAT sense of humor!
That's just it. They are ARE "over-due". It's obvious that Beatty (and everyone else in the trade) has been painted to be incompetent. The better question is WHY?
Two aborted deals with CEO-Haines (BDS/ASYI and ASYI/Kooltel)
Two aborted deals with CEO-Beatty (MKHD/GCS and MKHD/FRMB)
The odds are astronomical that all 4 transactions could have resulted in being aborted ... UNLESS they were all designed to be so.
The apparent incompetence of all the players is hiding something else entirely.
What did Beatty "scam" from everyone in the MKHD/GCS deal? There was no up-tick in volume.
What did Beatty "scam" from everyon in the MKHD/FRMB deal? Again, there was no up-tick in volume.
And the BDS deal and the KoolTel deals were not Beatty deals ... by CEO-Haines deals.
SO WHO HAS BEATTY BEEN "SCAMMING"?
t's been recently announced that Canada's Superior Court of Toronto has CERTIFIED the $350,000,000.00 class action lawsuit against James Beatty and his Trinity Capital company.
Beatty's lawyers can now start grinding away at him with their $800.00 per hour defense fees ... probably for the next 2 or 3 years.
To kick-off matters, the judge has already awarded $60,000.00 of court costs to the plaintiffs' attorneys ... which means that Beatty's on the hook for that little "starter". Plaintiffs' attorneys seem hell-bent on taking everything from the defendants ... even their DREAMS.
Just the sort of inducement to make you want to push one of your pending deals across the "finish" line, eh ... perhaps even THIS one?
I like that name Blue: "FNMA 2"
I wonder what they're going to find in the mine when/if they open it up?: Elvis? Jimmy Hoffa? Amelia Airhart?
That bad boy's been shuttered for over a 100 years.
Just LOOK at what has happened. 62 postings today (a recent HIGH for this place) ... and all based on a little dissension!
Group-think is corruptive.
Dissension is healthy.
Don't be afraid to criticize the creeps who run this mine.
The PPS is where it is exactly because of the absence of criticism.
Put your foot in their ass and make them DIG!
You want me "out" because I have the temerity to state that this may well be a slow-boat-to-China? I don't do "group-think". I entered based on a set of defined assumptions. Some of those assumptions have broken down. I'm unhappy about that. There is still time to "adjust" those assumptions. The first is see if the company expeditiously removes the "E" from its ticker. If it does so, then I will have an opportunity to see if that increase trader "interest" here. So I'll wait for that.
The incipient danger in pure "chart plays" is that they never take into account the metrics that have meaning OUTSIDE the chart.
I'm hoping that this is not one of those instances.
The jury's still out.
At least the company has now discovered the road that leads to the mine.
Yeah, yeah, yeah. But it's ALSO a truism that "money attracts interest" ... you can spin this until the cows come home, but 10 to 15 trades per day is NOT interest.
As a rule, I NEVER, EVER, EVER, beat-up any stock that I'm riding. HOWEVER, I'm also a realist. I beginning to bristle at the 2 or 3 people here who constantly post about how wonderful this thing is ... while totally ignoring the fact that their relentless comments have only managed to attract 10 to 15 daily trades.
I'm staying put ... for now.
I stepped into this trade using FNM* profits. I'm a trader ... nothing more and nothing less. If this doesn't start to attract other traders then I've got to to start considering the repatriation of that profit.
10 to 15 trades each day is NOT winning hearts and minds!
He asked a relevant question. Why not answer it (if you can) ... as opposed to referring him to a listless chart?
If it's such a "nice open", and such a "nice close", and such a "nice chart" (day-after-day) ... then why are there no more than 10 to 15 traders per day who see that to be so?
I'm holding here ... but I'm very concerned about this aspect as well.
30-min. OPENING RANGE BREAKOUT ON DECK!
Hard to say. I'm a D/T who will occasionally stay here overnight. It's VERY important to stay ABSOLUTELY vigilent and cool. Fannie's not a stock to peep in on from your office every now and then ... not yet at least.
I can, however, wish you the very best of luck here.
Though the subject matter of the news has nothing to do with the mine itself, it DOES show that the company has the funds necessary to use MarketWire (which is $1,500 a pop). It also clearly shows that they'll use such PRs again ... especially in dealing with the removal of that "E".
This play is suddenly looking better to me.
Up 11.90%. Happy days have RETURNED!
ASYI – SHARE VOLUME THIS YEAR TO DATE: 533,773,935 SHARES!!!!!
These folks don’t lie:
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=ASYI&SortBy=volume&Month=2-1-2013&IMAGE1.x=5&IMAGE1.y=8
More than a whopping ONE-HALF BILLION SHARES in as little as five short months = $53,378.00 (or $10,675.00 per month) spent on this “Dead POS”.
WHO IS THROWING ALL THAT MONEY AWAY ON A CELLAR-BOXED “POS”?
ARE IHUB BOARD MEMBERS BLOWING $10,675.00 PER MONTH ON THIS “DEAD POS” THAT FAILED TO EVEN SPEND $2,885 TO REINSTATE ITS CORPORATE STANDING IN NEVADA IN FEBRUARY?
And check this out:
533,195,934 of those 537,773,935 shares WERE PURCHASED IN FEBRUARY!!! Or, in other words, A WHOPPING 99.15% OF THE LAST 5 MONTHS OF ASYI’s YEAR TO DATE SHARE VOLUME WAS PURCHASED BACK IN THE SINGLE MONTH OF FEBRUARY!!!!!!
QUESTIONS:
1. Does any of this strike you as “odd”?
2. Does any of this strike you as “front-loading”?
3. Does any of this strike you as an “opportunity”?
GREEN AS A WHISKY-FILLED GOOSE!!!!!!!!!!!!!
Yes. I always liked him ... and FNMA
FNMA - WORKING MY WAY BACK TO YOU BABE!
THE BEAST LIVES. BLOODIED ... BUT ALIVE AND PI$$ED!!!!!!!!
I'M WORKING MY WAY BACK TO YOU BABE!!!!!!
Who deleted all the February postings ... posting that would have talked about the drastic drop in the PPS??????????????
I agree. It's refreshing.
Convert your highly restrictive cash account into a margin account.
If you don't have $25,000 and can daytrade ... then at least call your broker and CONVERT your cash account into a margin account. You'll have to have at least $2,000 in the account ... but it will enable you to trade MUCH more frequently than you now do ... and there is no waiting for funds to clear.
GLTY
Making sooooo much bank here. It's an ATM!!!!!!!!!
All this is is a giant ATM.
Out at $5.14, rode her down and re-entered at $2.70 ... after 10 minutes of chasing. Gonna ride her back up to $4+ and then exit again.
I agree. One more gap to fill at $2.03
Trade Slinger ... still using your 1-minute RSI as an entry tool?
BLUE - what correction level are you looking for?