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To my knowledge you cannot uplift to a major exchange unless your stock trades at or above $1.00 minimum.
Reverse split at this point in time probably unlikely, at best.
Ummmmmm......
I read through the posts and hear talk of reverse splits and speculative things bantering around, but NO links to news articles, or and company news, etc.. Just talk. NOT informative talk.
Are there ANY moderators on this stock, or just all the persons on this thread? Just curious.
PULL UP! PULL UP!
Good to know, thanks. Still fairly new to trading, but making the most of my time trying to trade another of my penny stocks for some actual profit margin. THEN this big "down run" here will be ALL opportunity for me with my small potatoes to grab more shares.
My 18 grand worth of investment has dwindled into a negative 12 grand as of late. Just seeing all this as some MAJOR buying opportunities. Maybe get back up to a few million shares.
I have 2 Ameritrade accounts. One for major exchanges, and one for OTC stocks. I don't think they particularly care how many accounts you have open. Was discussing with a broker how to get around the 72hr wait time for funds to clear, WITHOUT getting flagged for bad faith trading.
My idea: have 3 accounts, each with 1/3 of my trading funds/stocks.
Use account A to buy or sell on Monday
Use account B to buy or sell on Tuesday
Use account C to buy or sell on Wednesday
Thursday - back to account A - if funds settled, start again.
Friday - back to account B.....and so on, on rotation.
Broker said he never had that question before, but "TECHNICALLY" since the trades are DIFFERENT accounts, on DIFFERENT days, they DONT violate trading rules!
So...if you expanded into multiple accounts, maybe you could start shorting some stuff!
I'm pretty sure you pay OTC fees just to trade on that exchange, no matter what broker you use. You "pay to play" in pennyland.
With a 72hr hold on clearing funds, that keeps me from day trading. Too risky to jump, and guess where I'm gonna land in 3 days time.
I just want to add to my position.....and wait for good things.
They don't scare me. I'm here long. Have a bit of funds for a few more shares, but it seems every time I consider placing a buy, we are tapping a new low. Want to get the most for my money, but their nonsense is annoying.
So, how do you go about beating these manupulating weenies at their own silly game?
Just buy when you can at the bottom, every time they plunge the price, and NEVER set a stop-loss so you DON'T get shaken out of your position??
UMMMMM......SO, WHY are we still "free-falling" at a need for a parachute rate?? Is this market manipulation nonsense, OR are we still suffering the downtrend from the "Seeking Alpha" article that dinkwad wrote? I have faith in ASTI, and holding long. Actually just moved a bit of funds to scratch up some shares at this new bottom.
Just wondering how long we can expect this "drain circling" in the meantime. I'm starting to get dizzy hanging on this tight.
So....I got a message from ihub recently accepting my request to be a moderator, which left me fairly confused! (Apparently I bumped the button when running around the site) I have removed,myself from the list. If anyone else wants to step up....please feel free!
I defer to Doc, Carter, and Altanta...they know WAY more than I do.
Somewhere....Somewhere....Somewhere....in the anals of time I read a "forward thinking" statement from ASTI about solar sails, and going to Jupiter. I thought, "WOW, that's bold!"
Waiting....waiting....Waiting for NASA to catch up someday.
Like STYX said: Come sail away, come sail away, come sail away with me.....
I just watched the speech. Nice reference. But...a quick Google search on flexible solar panels brings up lots of manufacturers.
How/why is it assumed that ASTI was the reference point, and not another maker? Don't get me wrong - I would LOVE it to be ASTI, but isn't it a BIG assumption on such a SMALL reference??
.....Thoughts anyone??
Please explain why those only holding a million shares would be disappointed. What math issue am I not privy to?
OUCH! OUCH! OUCH! OUCH! OUCH! Feeling the pain!!
Murphy's Law is taunting me: "Sell some.....I dare you!
NYSE looks like sort of a mixed bag. ALL my other boards are just
RED - RED - RED - RED......
Yeah, me too!
I go through the message board and the daily "turd alerts" always get me to bust out, laughing out loud!
....It gets me some funny looks from across the room some days.
TOO FUNNY!
End of May, 2019: I was cash poor and kicking myself that I couldn't buy Tesla when it was closing UNDER $37.00 a share, he was smoking weed on T.V., and his car batteries were all catching on fire!
EVERYBODY thought I was insane, and Tesla was doomed for bankruptcy. (EVERYBODY stumbles sometimes).
There were OVER 20,000 ORDERS for cars, and MORE coming in. Nobody was canceling or changing their minds.
My theory: By the time he gets done building those 20,000 ordered cars - he'd better get his nonsense in line and obstacles overcome!
I just keep on insisting that: Sometimes the "crazy people" AREN'T really crazy - They're just "WAY ahead of the curve"!
EXACTLY! My Mother insists that Tesla will be "top dog" entrenched like Google is, but I say NO! He WAS the great groundbreaking and innovator fur sure, but WAY too many new EV players (and more all the time) will drown him out of his "lion's share" eventually.
Even Henry Ford couldn't be the ONLY guy in his field forever!
I Think Tesla's LONG TERM value will play out by exercising his genius in the aerospace arena. FIRM believer in that!
In the meantime, I'm planning on investing any penny stock profits I make into car charging companies. ALL the "electric animals" need to meet at those watering holes. GOOD INFRASTRUCTURE ROCKS. That should make it as necessary and durable as say.....the "Google" ya?!
I ran across an article recently about the electric car market shares, and Volkswagen was projected to actually overtake Tesla at some point and become the market leader in EV cars.
Did anyone else run across it as well?
One can certainly hope!
EVERY dollar stock in my portfolio is green today.
MOST of my penny stocks are green as well.
Nice change of scenery.
JUMP, FROG! JUMP!!
JUMP, FROG! JUMP!!
JUMP, FROG! JUMP!!
So...is there some silly mathematical equation for:
.0210 = "sideways"
I'm with you on that. I got my shares back, plus a bit more, yippee!
Holding tight and waiting for the next green hill on the horizon.
IF MY "CRASH COURSING" IS PAYING OFF, this is what I THINK I see:
THURSDAY:
1. Moving BELOW the 50 day MA - MAJOR selling between the .024 and the .023 range, driving down BELOW support line of .023 - and holding there
2. MASSIVE downtrend seeming to find a bottom, support (so far) at .02
3. 9:00ish to 10:30 Thursday - trading heavy, creating a "temporary" push ABOVE the moving average line (positive signal)
4. 11:00 to close - more positive/sideways trading (consolidation ?) with the trade swings getting tighter, signaling a price breakout.
FRIDAY:
1. Starting at resistance line .0220 trading tight, then starting a downtrend around 7:00am to 8:30, finding support AGAIN at .02 level
2. 10:00 to 11:00 (lunch ?) minimal/tight sideways trading
3. 11:00 trading increases pushing up into prior level of support, AND crosses the 50 day MA (a positive signal)
4. The upward candle trend is showing TIGHT trading (consolidation)
5. 1:00 hitting a top ABOVE the resistance line of .022, touching upper resistance AGAIN at .023
6. Price levels off and holds at the .022 resistance line, trading sideways, and closing the day GREEN - a potentially POSITIVE signal
OBSERVATIONAL NOTES:
1. From 11:00am to end of day, stock rose ABOVE and STAYED ABOVE the MA which is a POSITIVE signal (keep monitoring this important status)
2. The UPWARD trend of the candles did NOT make any big swings. It was extremely tight, indicating more "decisive" trading during this time
3. The PRIOR attempt of the day to cross the MA line FAILED at .022
4. The CURRENT attempt at the end of day is HOLDING at .022
5. All the most recent attemps to cross the MA have IMMEDIATELY been turned around to the RED (this time it seems to be a bit stronger)
5. I "could" enter NOW - WITHOUT CONFIRMATION - and risk losses in a downturn to .021, .020, or lower (RISKY) ....OR
6. I "could" WAIT for resistance level .023 to become NEW support level
7. If/when price reaches NEW SUPPORT at .023 - CONFIRM with BREAKOUT OF THE TRENDLINE
.....WOULD ANYBODY CARE TO GRADE MY TEST FOR ME??
SO FABULOUS! Loving the down so I can get a little more traction.
All you guys on these threads just boggle my head with the amounts of money that get spoken of....like it ain't nothing but a thing!
Right now, I'm THRILLED to toss a few hundred bucks on the table.
(And, I know someone is laughing at that!) But I persevere.
I WILL CLIMB OVER THE DECIMAL POINT.....
I WILL CLIMB OVER THE COMMA.....
I WILL CLIMB OVER THIS LEARNING CURVE....
AND MAKE THIS "SO" WORTH THE DRAMA!
When I picked out ASTI for my portfolio 4 years ago, their stock was a "dead man's flatline" for the longest time, and I DIDNT care.
I liked their patents, their product, and their capabilities.
I'm new, I don't day trade (OR swing yet either) so small swings in these percentages don't concern me because I am looking LONG, LONG, LONG on ASTI. I need to just sit on my hands, and keep studying!
This is all learning time for me. I'm making the most of it!
ASTI on the BIG timeline (in my opinion) is JUST waking up!
I EXPECT to see a LOT of growing pains, BUT ALSO a good run when she finally gets her legs under her! My dream house and early retirement are on the OTHER side of that decimal point, and I am DETERMINED to have it, not just keep dreaming about it!! It always comes down to the same old question: HOW BAD DO YOU REALLY WANT IT??
....I have to go study more.
I've been "cramming" with the WYSETRADE videos on YouTube.
Pretty sure I've got S&R thoroughly understood.....moving on....
Studying RSI indicators and divergence, over, and over, and over.
I truly understand WHY people "run, screaming into the night" whenever learning this stuff is mentioned. Hitting REPLAY....AGAIN!
I have started printing off charts to practice charting S&R.
I'm getting it! Less.....MATRIX...MATRIX...MATRIX.....finally.
You said you keep binders on each stock. I shall start to as well.
Okay, I assume that you print a DAILY chart - to be sure.
My question is, WHAT OTHER time frame/s do you also print & track for the larger picture? Week? Month? Year? All of the above?
Thanks
New on campus....can you please direct me?
Thanks.
The chart today looks like a cliff diving event!
Which kinda plays back to my question....I'm thinking.
NEWBIE QUESTION: regarding sale lots.
If someone were to sell 500,000, or 2M, or even say, 100M shares.
(whatever the size) WHAT effect does dumping a large chunk of shares all at once have on the stock, as opposed to feeding out smaller lots of shares over time?
I understand supply and demand, so looking more for the specifics of "how or WHAT" it does to a stock, and why.
Is the basic idea to feed it out "a little at a time" like a fishing line, but keeping the tension on it (maintaining support) by having those recently sold off shares bought up right away, rather than "tossing in the whole reel" (selling a huge lot) and creating slack in the market?? IS THIS MORE OR LESS THE IDEA?
When shares are being sold off, how do some traders break down lots to sell - and for what reasons?? Like, what is a "too much or too little" (if there is such a thing) that can effect the market. (Understanding different things work for different people of course) Is there some "basic strategy" that is employedwas, or just personal choice??
HOW DOES THE MACHINE WORK?
Thanks much in advance to all who helpfully reply!
The book I'm reading recommended a tight 8% stop loss, BUT in penny stocks that would blow you out of your position in such a small swing to hit 8% that you would always be buying back in after every price swing. So, not really a great strategy for penny stocks.
In my mind it's probably more productive as a "set and forget" strategy for dollar stocks. Just speculation on my part.
Hi Doc. I AM making efforts! I have been VERY busy searching through several hundred YouTube videos in the last few days trying to find SOMETHING that is VERY basic and to the point, in PLAIN English, without the guy "dicking with his screen" or rambling about extraneous nonsense, or talking SO FAST like he's wired on caffeine, or making the assumption that you come with ANY prior knowledge.......I have found 2, so far.
Understanding Support and Resistance in Less Than 4 Minutes
The impeccable Investor
How to Draw Support and Resistance Levels Properly
Trade Brigade
VERY HELPFUL FOR THOSE OF US STARTING AT "SQUARE 1".
These 2 videos just CUT the background noise right OUT, and instruct in such a concise way you could basically walk in to any school, and teach this outright to any 6th grade class! LOVING THEM.
I am watching them REPEATEDLY until I know this "back to front".
I feel much more EXCITED than FRUSTRATED now about starting to learn to chart stuff. Thank you.
If you buy/sell stocks on one of the major exchanges such Nasdaq or NYSE, etc., there is NO fee.
If you buy/sell stocks on the OTC exchange, you just pay a "one time transaction fee" of $6.95 for the entire purchase OR sell.
Wanted to THANK YOU very very much for the help and guidance.
Slammed my ask down on the poker table this morning and got back into my position (thank goodness!) with only a 5,000 share loss for the backwards ride. Could have been MUCH worse, to be sure.
OF COURSE the ask dropped right AFTER that, and I "could have" been back in for about +7,000 shares......but I'm not complaining! NOPE!
I absolutely believe Murphy's law LIVES, so, today...I will take my lumps, and like it! Just happy to be back IN! Thank you for helping.
Besides, if/when we rally and the stock bounces it's ALL good.
With some more learning, and careful management I should be able to gather more shares back instead of dropping down a bottomless well.
I'm taking Doc's comment to heart about needing to learn support and resistance. I KNOW it's been my "book of blank pages" as far as understanding it, but I have been cramming like mad now, because I DO understand it's the fundamental key to playing this game and not getting slaughtered!
I got a comment lobbed at me yesterday about "get with the program".
Seriously?!....Okay, it's kind of HARD to walk into advance physics and ask the professor to tell you about the "blah-blah-blah equation" IF you never even heard of it before. You don't even know WHAT questions TO ASK. Give the little green newbie a break already.
I'm not stupid, and I'm not lazy. I'm alone, and learning from 1 book, and forum assistance. I'm NOT making excuses for not knowing. I will be THE FIRST to tell you I don't know what I DON'T know. I OWN THAT.
Learning stocks is intimidating enough in itself!! Feeling like the new girl sitting at the big boy's poker table just adds to that.
Got on phone yesterday and had support walk me through getting my think or swim onto my computer too. (Can't navigate the damn thing yet) but I will. That annoying comment lit a fire under my ass! GRRRRR!
AWESOME INFO TO HAVE, Thanks SO much!!
I'm going back,through several months of the posts and printing off all the good tidbits so I have the information close at hand.
I thankfully got back into my position this morning with ONLY a 5,000 share loss on the learning curve.....which beats the snot out of losing 500,000! So I would give myself no "A" but I am starting to flatten the learning curve just a little bit.
ALL the help on forum here is NOT what get gleaned from books.
So, I thank ALL in advance who are helpful!
Bid sitting, you RISK missing your buy being filled.
"Slapping the ask" just means SLAPPING DOWN THE MARKET RATE, RIGHT NOW, TO GUARANTEE YOUR BUY IN AT THE POKER TABLE??
Is that right??
I looked it up......and made note of it for future reference.
I'm assuming L2 is "level 2" ? ...I'm on the cheap & free level.
So basically, to get on and ride the bus IS AT THE CURRENT POSTED FARE, or you risk a good chance of walking because that "getting on" price is pretty much non-negotiable?
Pay current rate, or risk a NO-ride situation. Ya??
I don't understand SPREAD. Could you help explain it a bit?