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I think a lot of people watching and waiting for this to break .0017 and close up at .002 or better. Once that happens, which I think will happen soon, then the real climb begins.
Got faith in you Street, just a case of when the time is right and I know it is coming sooner than later.
Okay dtt, either get drunk and be somebody or get naked and be nobody!!!
Won't we all.... :)
Yeah, especially if or when Street and MOMO get this thing rolling.
Well that is over 5.5 million shares shorted in the past three day. Nice cover power building.
Well I hope so.
Hmm.... So all but 106,000 shares today were shorted.
Well the red flags went up when that same person was sending e-mails and PM's telling people to place orders up at .06 and .065 and during that same period the BID never got above .05 - .055 which told me that person was not leading by example. The only two reason I can think of to try to convince others to put in BID orders at a level you yourself don't is either because you blew your entire wad trying to break through .07 and have no powder left or you are wanting to dump your shares at the highest price possible.
Brad
Well they see no bids coming in and their job is to create a market so if that means dropping the share price to a low enough level to stir up some interest in this stock then that is what they will do.
lol - we posted at the same time. I am really leaving now.
EATR up 60%, posted that one Sunday as well.
Heading to work now, will catch you guys in a while.
It worked perfect before, I would click an alias and all the information I wanted was right there. Now I have to click and open different tabs to see everything I was able to see before. I hate the search change they made a few weeks back as well. Hate the changes under "Hot" as well. They have not made one change yet that I like. If it aint broke then don't try to fix it!!!!
I am hating all the changes Ihub is making, especially the changes they made yesterday when you click on an alias.
Very nice looking candle.
I'm having a good day, let's not talk about that turd today.... lol
IGSM bumping 31% now, it is trying to gain some buying support to reverse.
Depends on how nice you are to me today. :)
IGSM up 15%, I got a lot more than $200 in that one. :)
IJJP up 75% now, unfortunately I only have $200 in that one. :(
You not rich yet but working on it. Still McDonalds for you bud!!!
NWGN up 55%, also posted over the weekend.
IJJP up 50%, I posted that one over the weekend. :)
You rich now, no more McDonalds for those kids, it's Taco Bell time now. :)
Good morning captain :)
Well lets hope it doesn't bounce off the 200. I think the next two trading days will help to clear up the murky chart and its direction. If you drawl a resistance line on the OBV, we need to see it cross north of that line. I would return the favor and annotate that but I am feeling lazy tonight. :/
Brad
Yeah, a strong move up would be nice for my system considering it took a 27% hit today. :(
Well definitely a longer hold here than I think most of us originally thought, I think we lost our BID today of .05, I think it dropped to .046. :(
Then you be rich today!!!!!
That is roughly 4.5 million shares just from the past two trading days that need to be covered, if pressure is applied on this stock to force those shares to cover then it will bold well for the share price here.
BMiles System Scan and Results -
System closed 1 position today while opening 0 new position.
Below is a list I will post daily of stocks from my scans and their performance for up to the past 30 trading days. Stock prices are based on EOD buy and sells. I work for a living so sometimes it is difficult for me to post during trading hours but as I can I will keep everyone updated on any scan picks during the day. Even if I can't give a heads up during the day, it will often be possible to get the same price or better at the open on the following day for those interested in trading any of my scan picks.
These picks are not home run picks by design but instead designed to be small short term consistent compounded gains with an average profit of better than 3%, average hold time of less than 5.11 days, and an accuracy of 74% winning picks or better. These numbers come from back testing this scans against a data base of over 900 stocks I collected dating from 1996 – June 2009. Not every pick is a winning pick but winning picks will average better than 74% over time. Exits are determined by criteria that was used for the back testing. Often times the system will exit too early and leave money on the table but over time the gains are greater this way.
One may ask why I am looking for an average of only 3% per trade. The answer is quite simple, compounded gains add up quickly. For example, if a person started with only $1,000 and had to pay $9.99 to get in a stock and $9.99 to get out then it would only take that person 272 trades to break $1,000,000. If they started with $3,000 then it would only take 206 trades. How many trades do you make a year??? Compounded gains add up quickly, it is not a race.
This system feeds off sideways trading and pull back in the market. During periods the market is in a bull run then the picks will dry up, that is when you will most often find me playing picks outside my system.
Sure got quiet around here.