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Pumps are fun to watch. No question about that. But the dump side is ugly. It looksl like someone is starting to pump prior to the 10K. I will have to do some research and find out which newsletter is pumping.
There is nothing wrong with going long for short periods. I do hourly trades and do quite well with longs. But holding long for any period of time? I agree with you absolutely. Not a good idea at this particular time.
I have been doing 15, 20, even 25 binary option day trades and winning phenomenally! What a fun business!
The Pump and Dump programs are less effective each time. If the last pump and dump moved the price to .05 the next one might move it to .025 or .03. With POWN it almost feels like the powers at be want it at least .01 for credibility purposes. I will be looking for a pump and dump on or around the release of the 10K. If it is pumped I bet a ton of people will be looking to head for the hills.
Thanks for the information. That is another sign, when you have all kinds of new posters suddenly appearing on message boards. I wonder how much money was raised on the pump and who benefited from the proceeds. Because that is all it really is about -- raising money for someone. The rest is just the psychology behind the pump.
Pump and Dump, not dumb! LOL. Yes they make you feel like a dummy when you are caught in them. For the record, dumb is a mispelling typo. You cannot seem to edit anything on this board after it is posted. Back to the topic. I guess the debate rages on whether this stock has been pumped and dumped. The mere fact that it is sitting down here at this price is powerful testimony that it has. Find a chart in the past with a higher stock price and then a crash down and the Pump and Dump speaks louder than words!
The DJIA is certainly fun to trade. Sometimes it seems to almost lead the market.
Well I wonder if we will see a pump and dumb deal at the time of the 10K release? Apparently there was one last year around this time. I will be out here watching.
"This time it is different" is a line often used by Carnival Barkers in the penny stock pump and dump business. It is the only line they have since a vast majority of penny stocks fail in the end. The reality is, odds prove that it is not really different this time after the pump and dump. It is fair enough to say it is always the same. Talk about 10ks, movie deals, licensing deals, etc. are just a red herring for a penny stock. Such information has NO effect whatsoever on the stock price unless it is worked together in conjunction with some sort of pump.
Because I want to be? Cheap Entertainment? Take your pick.
Penny Stocks are for chumps. Everyone who holds stock in this garbage is always looking for the unsuspecting to dump their stock on. Carnival Barkers make their living pretending that they support real companies when they are really looking to get out of worthless shells at a profit.
You are right. Anything can collapse. But on the OTC these collapses happen virtually everyday.
I understand this. BUT POWN has been pumped in the past and then we all saw the massive volume and dumping and then subsequent price collapse. I always believe that those who forget the past are doomed to repeat it.
What part don't you understand? POWN is listed down on a garbage exchange called the OTC with no volume, no support. As long as it sits down here it will do nothing. Comprende?
It is not fuss. It means a lot. There are exceptions like Lenova Group. There are also lots of banks on the OTC. But these exceptions are not typical. These exceptions are used by Carnival Barkers and other penny pumpers to convince the unsuspecting with an argument that a penny stock is worth more than it is. Look at the stock price of Lenova Group and compare it to POWN. You can convince me that POWN is real if and when it hits $10 along with the revenues and numbers to back it up. Until then POWN is hidden in the underbelly of Wall Street along with thousands of other worthless shells that share the space. Sad but True.
I have not tried Nadex. It appears to me that NADEX has spreads and commissions. You get none of that at Anyoption.com. It appears that NADEX cannot very well compete with the current binary brokers who have been around for years.
Make sense? That is the problem. Any stock listed down here on the OTC does not make sense. So yea, the stock price would sit here where it is until Stan decides to get real and list on a real stock exchange. The only value of stocks sitting down here is related to the paper it is printed on and the price of the legal apparatus to keep it operational. By the way, the 125,000 shares that recently traded is equal to about $2,200. So the real question I would be asking is when is POWN going to be listed on a real stock exchange where the numbers and "value" will be real and meaningful and translate directly into a stock and price that really has value? Until that happens POWN is just another one of the thousands of worthless stocks listed on the OTC. My basic point here is that your argument would be right on if POWN was listed somewhere else. You certainly do know your stuff as far as Wall Street is concerned. But off Wall Street you may be a little behind the curve is all. Happy Easter.
Your report is valid and interesting except you lost me when I got to the point of "Good News (higher revenue/profit) in the 10K could start people buying in for future growth as the other projects are started/brought to market." This is the essence of the problem here and what I have been saying. It doesn't matter what the 10K says for a stock listed down here. No will believe it let alone actually buy stock because it is listed here. They will not buy for future growth because real financial players do not buy stocks listed down here. You buy for future growth a company like Apple or Google or another stock listed on a real stock exchange. So no one other than little guys will buy POWN "for future growth." And the prospect of any of them ever being able to get out with a profit is slim to none. Thus, the term "Vanity Stock" is the most likely reason for this stock to even exist. In the meantime it is maybe fun to talk about and hold for Stan Lee fans. That is about it. If you see any volume on this stock it likely means someone has hired a pump and dump firm so that they can dump their stock on the unsuspecting public. Doesn this make sense? Good luck.
You ought to hope that POWN announces they are soon trading on a real stock exchange. As long as it it is sitting down here it doesn't matter what the 10K says.
I am doing all calls, very short term, like within the hour. It is certainly fun and profitable short term trading the S&P 500.
POWN is a fan stock (or vanity stock). It doesn't trade with any volume. It essentially has no liquidity. So any buying or selling at any moment can drive it up or down. It is like watching paint dry. A much better bet would be to trade the indices or the EUR/USD. You will have liquidity like you have never seen before!
POWN is Stan Lee's vanity shell. I guess it would be safe to chalk up this whole experience to that explanation.
This is all fine. Thanks for the freedom permission. I just wonder what the motivation is to sit around and wait for a worthless stock to increase in value in an age when the public knows exactly what the stock price of companies like this ends up in the end. I would guess that most posters here are insiders, market makers, etc. Maybe you are really Stan Lee? We should do a poll here and see if we can find out exactly what the history of the involvement in this stock is. Did we get stuck? Are we an early shareholder/seed? Are we or were we a Stan Lee fan? Just think of the Who song "Who are You."
Is Stan Lee really involved anymore? One of the posters has suggested that maybe Lee has nothing to do with this company. It is entirely possible that long ago Stan Lee sold shares in the $1 range and completely liquidated his holdings. If this is the case maybe he doesn't care if the owners of this board call it a Stan Lee company. Worthless, unregulated penny stock companies are now a total embaressment. If Stan ran the other way I certainly cannot blame him.
I am positive too. Im am absolutely positive that this shell will never trade again. The owners of it are long gone and onto other scams. If they read this board it is only for cheap entertainment. Is anyone here a real market trader? Or do we just sit around and wait forever for some pipedream with the lowest odds of ever delivering anything?
They have probably moved on long ago to something other shell where they can unload their worthless shares on other suckers who think it is real. I doubt they read this message board.
The reason this stock doesn't do anything is very simple. It is a penny stock listed on the OTCBB or Pink Sheets. These companies do nothing. Mutual funds and real stock players on or off Wall Street will not touch it. It is not liquid. Some of this penny garbage trades, but only when in it is pumped and dumped. Welcome to the slimy world of penny stocks. If Stan had real aspirations for this company he would get it listed on real stock exchange like the NYSE and do a tour on Wall Street to get it going. POWN is most likely a vanity shell for his own ego.
This is just another one of the thousands of worthless shells that have failed. Anything listed on the OTCBB or Pink Sheets is garbage that either collapses to zero as it is pumped and dumped or sits around forever with low or no liquidity. Smart people have moved on to trading big companies where the real action is.
Has anyone here traded the DJIA on an hourly basis? I have been doing it with binary options. I am having one heck of a good time and making a ton of money. It is almost like an ATM machine!
Does anyone here trade the S&P with a binary option? I have been playing it with hourlies and it is almost like an ATM machine much of the time.
Does anyone here trade binary options? I have been making a ton of money on the U.S. indices and the EUR/USD, all with hourly expiration. fun fun fun!
I have been having a great time and making a ton of money doing binary options on the indices. I recently added in the EUR/USD, which trades like an index.
Worthless shell will never trade again. Most people know that by now. It was effectively shut down like so many of them are. In fact, most OTCBB and Pink Sheet stocks are eventually shut down while the stock price heads to zero. Time for those who are in denial to just move on.
I Just purchased a call on the EUR/USD on a pullback. I won in 15 minutes. Now I am in it again. I am thinking this EUR/USD trades just like a stock index.
That was a nice win!
Just bought a call option on the EUR/USD. It expires in 15 minutes. It is rising after a small pullback. I usually trade the indices but figure maybe it is time to expand.
Oh yea, I am sure you will do well with a worthless, unlisted stock.
These companies, including this one are absolute garbage. There are no earnings, no operations or anything real. All there is, is a ticker symbol. The fact that people still post here is absolutely astounding. If you want real action, real possibilities you trade the indices. Forget about unlisted or lower tier listed garbage.
Binary Options ought to be the hottest topic here at Investorshub and all over the Internet. It is not because most stocks can be manipulated by the talk. Binary options cannot. Binary options traders are the real deal!
Not a real company.
The messages on this board confirm what I say. This is nothing but a stock. There is a big difference between a stock and a company. The longer this doesn't trade, the lower underwater it will be. This is a ticker symbol and that is it. Good luck ticker.