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That penny spread was crazy
It's going to happen
Probably another week!
If everything comes together maybe.
I agree
Great post. These day to day fluctuations are meaningless and temporary swings!
I might grab a few more. Seems like this one could be fun
Your ignorance is showing because you can indeed put stop losses on OTC stocks.
no stop losses permitted on the Bulletin Boards..
Puts my average to shame
And then over 200k were gobbled up at .03. Probably stolen from some poor soul using a stop.
Doubtful. Looks like some people had some .04 stops and when the MMS dropped it they all triggered. I see it a lot. Just speculation on my part but a lot of times there is a steep drop news is on its way so we might be seeing some soon.
Hold tight. Company has given us no reason to sell, so the 250k shake up is just one of those random fluctuations.
Looks like stop losses triggered
Give it some gas!
.053 will fall I'll keep throwing stones at it lol
Nice volume straight out of the gate
Everyone who knows anything about PAWS is happy they own shares right now. The only regret anybody will have down at these levels is that they didn't buy more IMO
PAWS!
Unlike some other people who spam this stock is undervalued, I put my money where my mouth is! Have been buying all week and will continue to do so!
PAWS
.0482 average I'm locked and loaded
I do like the tight spread though, very nice.
ASCM is such a joke. They always only trade a few shares here and there. I watched ASCM keep running from the bid on AEGY when it dipped to .007s and ran to .009s, really funny stuff
Can you post a snap? I'm on my mobile!
Thanks in advance
Please stop, I appreciate your intentions but this spam is not healthy for the board.
Exactly. 64,500 and up 14%. I can dig it.
Just a little volume can send this flying. It's like having a giant 500 horsepower engine on a go cart, just need a little gas.
Welcome aboard! Wish I bought today and not yesterday..
I don't think there are very many shares for sale between here and .065
Nonsense. Why do you think that?
Low volume walk down is what I see here
I agree.
Look at that one trade down at .04 hehe
Better late than never
One of your better analyses IMO. Very complete describing the technicals that show there is a legitimate downside risk. I'm in the camp that we see upside though
Do you like money?
I thought so. Holding is a good decision since you like money IMO
Absolutely. But honestly, I'm ok with it. I don't really share the same urgency most other members of this board have for the PPS to reach "gold" or "silver". Take your time, AEGY. We all know where we are going, but the when isn't quite as important to me. Better sooner than later, and better late than never IMO
AEGY seems to be repeating the pattern it made before the last run up but in a slower fashion. Double bottom then a run up! Granted there was a significant catalyst, but in my gut I feel we are ready to rumble once again. From a technical standpoint, as others have pointed out, we are cooled off and ready to get hot once more!
I disagree. A MM provides liquidity, in other words sell you shares when you are trying to buy, and buy shares when you are trying to sell. When they run out of shares to sell they have to naked short shares in able to keep the price stable so people who are trying to buy can get shares, as you know. Therefore, when the buying pressure outweighs the selling pressure MMs will likely need to naked short. When there is heavier selling they buy.
From what I have observed a typical short proportion is a little over 30%, when buying and selling is pretty well balanced. When we analyze the price action and compare it to the short data a trend develops.
1/24 a very strong day, lots of green. Short vol at 42%
1/27 gapped up large, heavy buying and selling resulting in the price to stand still in the morning, but bulls win and price moves up EOD. the only one that doesn't seem to fit the pattern, I'm thinking because of all of the selling during the morning gap up. Short volume 32%
1/28 strong open and rapid buying pushing a climb to .01 then heavy selling causing a drop end of day balancing things out. Short vol 31%
1/29 early morning selling followed buy slightly stronger buying volume all throughout the rest of the day with a green close. Short vol 34%
1/30 morning gap, got slammed all day. Bears maintained control right from the start, heavy selling due to uncertainty and closed very red. Short vol 23%
1/31 news finally! Bulls took control, heavy buying all the way into the bell for a very green close. Short vol 40%
2/03 large gap up, a little gap selling followed but buying after the gap fill and the price traded mostly sideways all day closing just a bit above the open for a green close. Short vol 36%
2/04 morning dip and held, price traded sideways as bulls and bears fought until the bears took control end of day for a small dip and a red close. Short vol 29%
2/05 early morning sell off (stop losses triggered?) followed by very strong buying. The bulls took control and held it all the way until close. Short vol 43%
2/06 sideways action followed by bears maintaining gaining control end of day and a red close. Short vol 25%
2/07 large morning dip on heavy selling, bulls couldn't keep up and bears brought it down again end of day for another red close. Short vol 27%
2/10 same as 2/07 but with larger volume. Short vol 19%
That's my take on it, anyway. I'm open to discussion
(short data pulled from http://otcshortreport.com/index.php?index=aegy&action=view#.UvmRI_ldXw8 they have compiled the data nicely and easily to view, to verify any data found on this site go to http://regsho.finra.org/regsho-Index.html and look under "ORF" for a list of daily short volumes for all OTC stocks)
That just means there was so much selling the MMs didn't have to naked short much to keep things liquid
I started buying EOD and I had to push it from .042 all the way up to .05 just to get a mere 85k shares. Will be a monster runner next couple weeks!
HOD close is a good sign I think