is...Either trading futures or fishing
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badali,
I cant answer PMs. I dont know anything about the float. I pretty much dont know anything about this company or any penny i trade. I have been trading a little over 9 years. The man that taught me to trade taught me 2 things. One is to never give a damn about the comapny or what it does. Second is that it is in a viable pattern and does it move with volume. This stock meets both those criteria. All the rest in irrelevant to me. I hit my targets on the yearly chart with day candles. This stock trades on the bounce with hard volume and you can more than often double or tripple your investment.
I cant answer PMs. If you want to send me your email in a PM i will be glad to show you how i do it
Man thats a nice looking blue you got there. Where you fish at? I used to catch some huge high fin blues on the mississippi down below New Orleans
This is just my take on penny stocks and how i play them. I mainly play major coal stocks but started playing pennies a couple years ago. I was taught to play these for what they are. Just POS stocks that are going nowhere. Some do but 99.9% dont and never will. If they are in a pattern and have a habit of taking bottom bounces on heavy volume then play them for that. I bought my wife a new 2011 Ford Taurus SEL for christmas playing these POS pennies. They are pretty much nothing and are never going anywhere but be damned if you cant make some killer money on them. Just get in and get out. If you want to hold long term then get in blue chips. If you want to make quick major bank then learn to hit and run on pennies
Looking for a nice little pop in the morning
I wonder if there is gonna be some extended hours action for this one?
Right. I,ll take a double on my investment anyday. A savings account dont come anywhere near the percentage you get off these POS penny stocks
Thats ok with me. I only play pennies for the bounces. I dont really care if the company is worth anything or not. This stocks makes me money on the bounce and thats fine by me
Is there a money flavored koolaid?
This is my 3rd bounce play on this one. I havnt been let down yet. Im pretty much known as a bottom feeder. But even us catfish have to eat too. LMAO
Soda pop of choice? ;)
Im laying money theres going to be a real nice early run in the opening bell tomorrow. A bottom play with news just dont get any better. Im betting its gonna bust past .01 easy.
Ima put my spurs on. She's gonna buck
I got in on the bounce in the high 003s over a week ago. This is my 3rd round with this stock. I love how it pops. That volume and news will be hittin the scanners soon.
With the bottom bounce,volume and news it should be good enough to bring in the seasoned traders and make us some money
A little serving of bottom bounce with dollop of news on top. Dont get any better than that
Extremely nice acending wedge on the weekly chart. Had this one on my watch list for a while waiting for it to bounce off the lower trendline. Probably be in tomorrow for quite a few shares. Trades on nice volume
This my second ride in. Got it for .01 to .06 last time. I really like how this one moves when it pops
You got it right. This was a stochastics play for today off the yearly chart. But it looks to run into tomorrow. Who am i to keep a horse caged up if it wants to run. :)
Were gonna see a few bucks here. My YZC is poping and i hit BTU at the open this morning. BTU is probably my favorite coal stock to play. It always has big runs. Thats why i love coal stocks so much. Easy to read and big gains
Turned on my AC this morning and PCX shot up .55 LMAO. MAn but i do love coal
Yes and your point is? DD dont make traders either. If your going to respond to my post then say something worth saying. Im not buying what your selling. You can do DD on 10,000 of these POS pennies if you want. At the end of all that work your going to still have the same thing. 10,000 POS penny stocks. You know that old saying. If it looks like a duck,quacks like a duck,walks like a duck. Then it must be a duck. Incase you hadnt noticed when the stock hit the level that i called alot of traders appeared on this board. They are only here for the same reason i am. To hit this POS and dump it. Easy money just like the rest of them for those who know how to flip. Im not attacking you. Just answering your response to my post
I have a huge list of coal stocks im in and out of. Alot of people may hate coal but in the summer we run our AC 24/7 and the electric bill is never over 120.00. In the south it used to run 500.00 to 600.00 a month to stay cool. I have never traded any railroads but their stocks look nice
I still think your call is good. Its still holding the pattern. I used to be a maintenance forman with Patriot Coal and i traded in and out of this stock at least 20 times in the last year and have booked major bank every time. I pretty much only trade coal and just a few pennies. I was out at one of the coal fired plants the other day. I stop out there a couple times a month to check out the orders. They are burning all they can get. Another mine i worked for has the prep plant next to the coal plant. I got friends there and i always check out whats going on. With coal being the source of electricity in a 5 state area of me we are in good hands. The hotter it gets the more electricity to run those ACs. Im in PCX & YZC for 1000 shares each. You'll get your bottle
Looks like there may be a slight delay in you getting your bottle
I seen nothing but supposed awsome DD posted on this stock as is went from .016 to the lower .003s. I will stick to my charts anyday over any type of DD on a penny stock. For some reason i seem to book profits that way
Averaging down is not trading skills. Averaging down means you have no idea what a stock is doing or where its going. Averaging down in a penny simply means your hoping like hell you get lucky and get a reversal. 95% of you that are popping off about people that should be buying in the 003s are the very ones that laughed and scoffed at me when i called it a couple weeks before it did. Why would you tell someone where to buy when you laughed at someone that told you it would get there? I can pull post all day long on that. The same very people that that was hollering buy,buy,buy on every level that this stock was at while it was going down,down,down. I can also pull post on that all day long. This stock will hit a little over .01 then back down again. Go ahead and laugh at me some more.
He does run his mouth alot. To bad he dont shoot with his mouth. LMAO
I know this may be a little off topic. But is there anyone else other than me thats loves watching LeBron James & company get beat like rented mules in the NBA finals?
Work is for people that dont know how to fish. LMAO
Yeah. Im looking for a little slowdown with maybe a few more tics up. Im thinking most people have pretty much headed out the door for the weekend. The weather is just to damn nice to be sittin in front of a computer. Im betting a good little pop on Monday. With the way the charts looking i can see next week bringing some good volume in
I just resent it
I increased my position this morning. The chart looks as about as good as they get
Yes. I sent you an email. I was just wondering if you got it
Did you get your email i sent?
So far it looks like that slanted,inverted head & shoulders pattern is going to hold very nice. Nothing like seeing a stock come out of one strong pattern and right into another one
If you want to PM me your email i will send you some sites on chart patterns and some links to some good videos about using patterns,stochastics and indicators to find your entries
.0074 and im dumping for the third and final time. It will not stay above the upper decending trend line. It will come back down again.
Sure. I have a doctors appointment this morning but will post them when i get back
I have some good websites and videos that are excellent in showing how to disect stock charts if you would like. They are not my videos. Just someone who is very good at trading and makes alot of money doing it. Also websites that teach the meaning patterns and what they say about the stock