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Nice trade!
It's nice here in So Cal today after two major rain events. Let me tell you, Brooks. I left CT on Tuesday. It was 17 in the morning with the wind chill at 6. The 50s and 60s here, along the beaches of OC, are very warm compared to where I was for three weeks, lol
Correct. That's what the charts are for. To better time a calculated entry and exit. Believe me, I got a very expensive education before I began to use the indicators. They aren't guarantees, but sure help the timing of when to make moves.
Therein lies the problem, Big B. A lot of people bought in the low teens and now MDMN is trading at .02.
That's a very large percentage decline from the mid teens. Some individuals simply don't have the funds to average down as you've been able to do.
Thank you Big B! Oh boy, MDMN is one of the easiest OTC stocks to swing due to so many years of trading characteristics and history. Used a few of the proceeds to add to an IO*G stock. Waiting for a rest of the MDMN technicals before I re-enter. Used a few of the proceeds to add to an IO*G stock.
Good luck to you!
Another interesting decline yesterday on very low volume. A week ago, RGFR sold off from 1.50 to .95 on less than 10k shares before a sharp snap back to 1.90. Yesterday saw the stock drop from the previous close of 1.90 to 1.00 on approx 13,000 and closed at 1.05. Today's trading saw no more selling but also only 150 shares to close at 1.10. Could RGFR see a similar recovery to 1.90/2.00 shortly? Hope so, as a couple of us added more yesterday from the high .90s and 1.10.
Added a few more IORG today with a couple of friends. We saw new multi year highs set last week, some profit taking down to .34 yesterday, and a nice recovery to a close of .42 today. Chart is looking very strong for further upside. A close at .52/.53 would really be a positive technical event. GLTA
Added a few more yesterday, in the .90s-1.10s, during the drop on what appeared to be a 13,000 share sell order with the first 1300 shares taking the share price from 1.90 to 1.01.
Hey, hey, hey...... I wouldn't be able to say where MDMN is going next until the overbought indicators begin to reset a bit. I just added a four circles to the FullSto and MACDs near the lofty levels that these indicators are currently at. If one were to scroll back a few weeks, I had suggested a possible move and test to the MA200. Now that we've seen that occur, and the indicators are too high for my liking, I decided to sell. Although a bit to early to confirm any selloff, you can easily see that the FullSto and MACDs are on the opposite end of the oversold/overbought spectrum from when I believed a bottom was being established in the .012 area. The yellow circles are the positive crossovers while the pink are the negative crossovers. So far only the FullSto has started a negative trend. Yet to be seen if the MACDs confirm. Thus the circles in the voids for now. The first line of support at .02 has already seen a small bounce off of it. I'll wait. GLTA
One never knows how a stock will return within the bollie bands. The share price could gradually move higher while the bollie band continues a steep incline, the stock could consolidate and move sideways with the bollie band catching up, or the stock could sharply selloff and fall back within the bollies. So far, 15-20% lower from when I peeled off. Not bad for a beginner, eh?
LOL
Go MDMN! A great stock to swing trade..... But USE those charts and technicals. But remember, they don't work.
Yes, I'm already feeling sorry for selling everything yesterday in the .023s, lol. But don't feel sorry for me. It's been a great last few weeks swing trading MDMN, again. I hope it continues to the moon for everyone. I'll sit and wait for yet another re-entry. If I miss it, oh well. There are about 40,000 other buses out there to catch.
As I mentioned a couple of times here and in PMs, the candle was 100% outside the upper bollie and the indicators entered the nosebleed zones. Additionally, the stock price slammed into the MA200. More than likely a correction or consolidation will continue now. The horizontal support line at .02 needs to hold. So far, so good. Those dirty flippers! I guess they caused the bottom to be put in and the short term top 100% later to occur. Never mind that I've been sharing the technicals for quite some time.
Play the chart, not the hype. Believe me, I used to do that for years. Very costly mistakes.
You'll hear the constant chatter that charts don't work. They are great tools to better assist you in your entries and exits. Why try to catch a falling knife from the .10s to the .012? Waiting for the indicators and technicals to line up will so much better help you with a calculated entry. Same for the sells, while many love to chase and begin screaming buy, buy, buy, that's typically the time to sell, sell, sell. I shared with a few the short term targets of being able to break above previous highs and if so, then the next points of resistance would come into play, as they have this morning with the upper bollie and MA200. Could the stock go much higher now? Sure. Do I care? No. For me, the stock is now overbought. I'll leave the 'big gains' from fundamentals to those that believe in this company. For me, it's just one of 1000s to trade. Good luck to you!
Who knows, who cares? As I stated over the last few weeks, the chart was calling for a bottom in the .012s. So far, it was once again spot on. But as I mentioned to a few yesterday and this morning in PMs, I'm now out (yeah, I know, I'm a dirty rotten swing trader), because the candle was completely outside the upper bollie this morning and the share price slammed into the MA200. Additionally, the FullSto and MACDs are getting a bit to far into the lower nosebleed levels. The RSI is now in the 'sell zone', not the ridiculous 'power zone' as the pumpers always scream about. So had to move on.
I'm still traveling and having a great time. I need some stronger posting here in order to drive the share price down into my bids. Come on peeps! Let's put some extra work into getting this stock down cheaper.
Oh BRIG, btw, has some awesome Besado and both Cavodas during this trip on the East Coast. Let me tell you, Besado is one of the best tequilas that I've ever had. I drink it neat, and it's very good. The Pink is going to become extremely popular with the ladies. Even my wife and daughter liked it, and they aren't hard alcohol drinkers, but enjoyed a few Pinks on the rocks. Very yummy!
GO $ISBG
For over two months now, the sells into the .0003s have literally been chickenshit play money. I'm glad the stock has stayed here at .0004 for months now. It's allowed a few to really build some tremendous positions.
Going to be a LOT more than 500% in 2016 there Brooksda! I know you know that, lol!
Very generous of you CJ! I have a feeling that you could probably take twice what was showing at the ask and not even have to sweat about it. But then that's how it is when you know what Kent is building for us!
That you GOOR! Not a lot of shares, but adding as I can. I was hoping to get over 100MM, as a few of my friends have been able to do, but not enough money was available when the stock was around .0002 as they were loading. Going to become very profitable soon for all longs. The nekids are plain screwed!
WEEEEEEEER!!
Yes, if you entered the orders at a certain price before the stock got that high, your sell orders would have been at the ask at the time your orders were executed. You did well, although some will tell us that you can't sell any of our shares at the ask. Again, nice trading and profits!
Nope! But I just added another 2MM at .0004
The reason I was asking is because of a lot of the false bs posted such as the company has never mined or produced and gold, management are crooks, the previously operating project was closed due to fraud, you can never sell any shares on the ask, along with a lot of other garbage. Yet, as you and I have already seen, some our shares have definitely been sold on the ask, more than a few times. When funding occurs, I believe the stock will move higher. When the company has been funded and equipment is delivered to the site, and production begins, the stock will move yet higher. Time will tell. PYHH from .08 to .80 with a few trades at $1.00 to date.
I hope you are participating with a certain 'IO**' stock also. From .08s to .465 so far and setting a multi-year closing high today. GLTY
Oh! That's awesome! I didn't realize that. Very nice!
Were you able to sell any on the ask with your sales?
Ok, that sounds about right. Nice trades!
Agreed..... Hoping for .02+ into March
How did you get yours sold? I've had quite a few on the ask of .80 for over 3 weeks and not a share has sold. May I ask, when did you enter yours?
Welcome RolltheDice,
I think you are here at the right time. You might have missed the lows of Monday and Tuesday, but the chart is suggesting something is happening here with IORG. Thursday's closing price of .454 is the higher close since mid 2012. Since most resistance appears to be behind us, it looks like a test of that 2012 high of the low .50s level, is next up. A break and close over that level, and the $1.40s of early 2011 would be the next point of resistance.
A beautiful recovery since Monday's .15 opening. Glad we picked up every day since.
Btw, in case you didn't notice, IORG closed at .454, its highest close since mid 2012. On a technical basis, the stock should be ready to move easily now. We ate thru a lot of volume on Wednesday and Thursday to close above previous resistance points. Oh, and how was that call when I mentioned that the share price was way outside the lower bollie and would return to within the bands quickly and more than like get back into the mid .30s in a day or two. Ok, it returned, but I missed the .30s. Not complaining since we closed in the mid .40s.
TDFtrader is correct! A good year for Sunset Capital Assets shareholders despite taking much longer than hoped for with the monetization of their huge assets. SNST is ready to Rock in 2016 and not look back. Since late 2013, when the stock was just .0204 on an intraday low, SNST has risen more than 85 times to close out 2015 at $1.76 and hitting a high of $3.16 during last year.
When SNST hits a magical $13.13, rest assured, it won't fall to barely $1.00 as some 'cure-all for every disease in the world' promises from a scamming management team. SNST management is solid as can be seen in the returns since the lows of .0204. SNST...... A Generational Wealth Vehicle.
LOL! When I order some and it gets here, I will send you some. Promise! It's been one of my favorite beers ever since my first trip to Belgium back in 1974.
It'll be a fantastic toast to Kent, his Team and ORTC!
You bet GOOR!..... I just might have to import a couple of cases of Chimay for the ongoing celebrations during 2016!
Yes!! Going to be an awesome 2016!
Thank you Kent and His Management Team!!
Good Morning CJ and all real TDEY/ORTC Longs! Is it Jan 2016 yet?!!!
WEEEEEEER!!!
And I have a feeling the next 2-3 months will be very profitable also..... for longs, that is. Not so for the nekids
When you go to the bar he's sitting at, make sure you put your wallet in your front pocket. That will help a lot. And DON'T offer to pay his bar tab. It's probably substantial now. Bar owner is probably getting pissed because his convertible note was taken back and he has no shares to cover Eddie's tab. And since Eddie has no shares left, they are all shit out of luck.
But again, keep your hands on your wallet when at the bar with the ex-TDEY Eddie.
Yes Sir!...... But that's already been proved over 200 times. I guess there's still the need to state that every day.... Probably you'll continue to have to state that another 200 times, even after TDEY/ORTC hits .02 in Q1