is...HEDGING EVERYTHING!!! EVEN HIS HEDGES ARE BEING HEDGED ;)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Now I know this is gonna run...Just increased my GTC sell order up a few notches so I won't miss out on any gains :) ...i can always edit it later if need be ;)
I'm already in so might as well hunker down and get comfy...This is gonna be a wild ride shortly!!! :) :) :)
SMAA
Something must be about to happen soon...They're starting to play around now...600 shares...really...lol...they tryna paint the tape hoping we'll sell our shares...guess no ones falling for it :)
Let's go SMAA :)
That's what it looks like to me to...I thought something was looking weird.
Time for me to try patience out for a change...it might work :)
SMAA$$$
I hope we get news/update within the next week...that would be awesome...or at least get some more eyes on this sleeping giant so the price can run a little bit before news drops :)
The ? wasn't "will?" ...the question is "when?"
I'm not worried either...I just don't like waiting for news to drop...money just sitting...could be out there on the street making me more money...lol....I'd rather cut my losses and lose some of it and put it back out to work for me than to wait.
I've pulled out on a play or two in the past that weren't doing anything for 2 or 3 days, and then the day after I left...BOOM...news and up 200%...oh well...thems the breaks.
Let's just hope for news 2nite or tomorrow and it won't matter because then this easily hit .0014-.0016 :)
I think your gut was right...I still think this is a good play...It just depends on the type of trader you are.
A guy like me who likes to ride momentum up on news/hype and get in and get out isn't too excited right now with this play. Has potential but who knows when it could break...and I don't like waiting.
But for a trader who doesn't mind waiting and riding the ups and downs...this is a landmine just waiting to go off...just needs the right catalyst. Only problem is....when :)
Depending on when you got in this could very much well be a great play for you...just might take a little time :)
Nothing to panic about just yet. Price is down on light volume and l2's showing plenty of support at .0005
If that breaks and .0004's are up then we'll see from there.
If no news by 2morrow or .0004 looks like it's gonna break then I'll have to take my loss like a man and move on to my actual bread and butter plays.
Regardless of how this play turns out...always remember to stick to your own rules...even us experienced guys take a chance from time to time, and sometimes we get burned. :)
I still have some faith that we'll get news...we shall see :)
.0014-.0016 is very doable with a little volume and some news. Possibly a test of .002 :)
Until then, sitting and patiently waiting. Hopefully it happens before another play catches my eye ;)
GM Board...Looking forward to a great day...hopefully we can get some volume today. :)
Gnite Board...let's hope we get some news in the next day or so. :)
I'm only posting in here to respond to your less than ignorant comment about me.
1st...I don't own a single share of AFPW...I was busy watching another play I was in on Friday and wasn't screening for stocks or else I would have seen it.
2nd...There is nothing wrong or immoral with me selling my shares into liquidity...aka dumping...If someone want's to buy my shares for x price because they believe they can sell them for a higher price then so be it. But I WILL NEVER LIE TO SOMEONE AND HYPE A STOCK THAT IS GARBAGE...NOR WILL I EVER LIE TO A PERSON AND TELL THEM THAT i BELIEVE THE STOCK IS "GOING TO THE MOON" OR YELL "WEEEEEEE" AND PUT A BUNCH OF GIFS ON MY SIGNATURE TO LURE IN UNSUSPECTING TRADERS...and worst of them all, give out phony predictions of how high the price will go and tell people that they will lose out if they don't buy now...so please don't disrespect me...YOU KNOW I'M NOT A PUMPER OR INSIDER!!!
3rd...I'm merely the same as claytrader...all I do is buy stocks based on the charts and momentum...I AM NOT AN INVESTOR AND NEVER WILL BE...no one ever made money by selling something for less than what they paid...so your noble robbin hood straw man tactics won't work on me.
4th and final point because I know who you really are ;) ...I was a newb at one point and trusted the message boards...lesson learned...I made money and lost money but lived to trade another day because this is my passion. I've talked to most of the top I hubbers/pumpers on here and they already put me onto game...aka...they told me the truth about how IHUB works...so yes...I am trying to save the newbs if one wants to know the truth.
All I did was point out some TA and general knowledge about the OTC...you will not find one quote with me "bashing" AFPW...All I did was put my 2 cents in ;) so that maybe I could save someone a few dollars...but you seemed to miss all that...I am a trader and nothing more...I buy a stock and sell it to someone else for a higher price...I take take advantage of history and ignorant traders who don't listen and chase the stock up during the open...but I will not sell my soul and lie to them to do it...so say what you want about me...but anyone who is really paying attention to my words knows I'm not a pumper/basher or a bad person.
So I will say this again...Good luck with AFPW...I hope it hits $2 a share and all of yaw get rich. Just don't blow it all in once place and invest in real estate. Also now that you're rich, and no longer a slave to money, i hope that you will be able to better yourself as a person and maybe help a lost soul along the way.
AFPW....morning spike....I OWN NOT A SINGLE SHARE AND NEVER WILL...good luck to all and ps...if you gone call out another MAN'S integrity....you better make sure he doesn't actually have any cuz it's gonna make you look foolish...Wise King AKA Peaceful Ruler...Trade or Die...Got Candles...l2's....Time & Sales...Gnite
Consolidation ranges...sure...in a trending stock...up or down...or stocks that aren't p&d's...but, having this convo with you is fruitless...as you said...I don't benefit either way.
I'm just a trader that was burned a few times listening to guys like you give terrible TA advice...Funny how much you can learn in a few months of watching from the background and reading a couple books....But hey...We'll see how well AFPW is doing in 6 months.
And trust me...I don't wan't "in" on this stock...the window has been missed and I will move on to the next P&D low floater play...their are usually 2-3 good ones a week.
lol @ an entry into this stock...I hope someone marks my posts...I don't need to hype or bash a stock in order to make money...all I need to do is be honest and use TA and experience and I'll be ok.
Don't worry...won't post here anymore. Good luck on tomorrow's AM Spike and 2 be honest, I hope it does hit .02 and continue to rise and turn out to be the one of the few legitimate stocks in penny land ;)
Good Luck To All and remember guys...REAL TA goes a long way...DEUCES ;) ;) ;)
Actually I'm right...support and resistance aren't exact numbers...they are ranges.... .01 cents is a range...so .009 falls in that catagory...and if you know anything about TA then you know that any resistance whether mental or physical is still resistance...All resistance really means is an area where there are more sellers than buyers and round numbers like .01 is where a lot of people set there sell triggers at. That is a fact. Not only that but there's going to be a TON of people selling at .009-.01 taking 1000% profit.
I have no vested interest in this company...I couldn't care less if it went to $20 tomorrow morning...AFPW aint the first ticker to claim penny land and end up back in the gutter...low float or 5 billion float....doesn't matter...Also please don't reference other tickers like hemp which is clearly a pure P&D during the MJ boom of last year...
If you want to hold this till .025 cents then be my guest...But If I had of bought this on friday I'd be selling monday morning, taking my profit and moving on to the next.
Soft resistance...hard resistance....lol...I'll let the L2's/Time & sells dictate hard and soft resistance...not some pumpers on IHUB...lol @ .025 resistance...good luck bro
And to be fair, There are Tickers that go from .001 to multiple pennies...so this could be one of them...But in my experience, for every 1 ticker that goes to penny land, there are 100 others that get diluted/and or dumped into oblivion.
So If you don't mind risking it all then hold till summer or 20 years...be my guest...but if you have limited funds and are trying to build a sizable trading account, then take your 50%-100% profit and move onto the next ticker that has momentum.
Ride the morning spike on monday and get out if you can. Otherwise you're gambling and you WILL get burned.
Good Luck To All
remember
Don't INVEST in Pennies.....TRADE them....learn the difference and you will be able to make consistent easy profits.
GO AFPW morning Spike!!!! :D
.05 by thursday...me thinks not my friend...maybe in a month or 2...but not by thursday...gotta get past .01 first and that's no small hill to climb. Anyone who holds this til summer is asking for problems.
Not bashing the ticker...just saying that odds are against you if you hold a penny that long...anyone who is up 100% or more needs to take everything off the table and run... or leave a small portion just in case this does go to .05. Either way leaving all or most of your position for that long after it has been up for so long isn't smart.
Always assume the ticker is trash and take profit...don't be greedy new investors. Don't let the big guys sucker you into holding while all of them dump their shares at .006-.009 and leave you holding the bag thinking they're still holding.
Good Luck To All the new guys...learn from my mistakes...get out when you're ahead or be mad you held when the ticker more than likely goes back to .001 or less.
Happy Trading to all!!! :D
I think the problem is that your overall strategy is flawed. The first thing I'm wondering is why you were even holding this TURD before the spike in price/volume/message board hype?????
You NEVER buy and hold these...EVER!!! You get in and get out. Ignore the IBOX, ignore what the company does, ignore their fake promises, hell, I barely even remember the actual name of the companies I flip.
I screen for stocks that are up big on massive volume for the first time in the previous 6 months, have a relatively low float, insane message board hype, and recent news, and if it holds it's new highs til around 2pm and the L2's look good then I buy. I then immediately put my sell order in for double.
The goal is anticipating the morning spike/chase in the first 10 min to an hour. The key is to watch the L2/time and sales/and candles. plan your stop loss and support and resistances. Watch for dumping and watch as the bid rises. When the bid looks like it's done rising with the price and buyers stop chasing and sellers start raping, then it's time for you to dump your shares into liquidity. Usually you can quickly sell in the first 10-20 minutes and make 20% to 50% from your entry price.
There's a few more things I look for but this is the basis of my strategy and one I've found to be the most successful for trading these pennies. They aren't for everyone but I hope you test this strategy out because it does work. Look back at the majority of sub-pennies that spiked on big volume/low float the first day and then look at the chart the second day...even if it's down, it still usually spikes in the morning 90% of the time. Get in, Get out, move on to the next one...Cut your losses quick and only trade the PERFECT CHARTS...just look at WW@G for the perfect example. Was hanging around .0014 on big news around 2:30 pm on thursday on massive volume and price. Then sold around 10:30 on friday into the spike at 30% profit. You had to watch the L2's though and not have been phased by the morning shake/fakeout...but that one was easy to read.
I guarantee AFPW is no different monday morning. It will get chased up with in the first hour and who knows after that. Doesn't matter though...take profits and don't look back.
Any more questions or concerns private message me.
TA does work on Pennies....but only if you use it as part of an overall strategy to capitalize on quick spikes in prices.
Hope this helps :)
That's part of the game though. Adjusting to the trends of penny stock land. I only started trading 7 months ago and learned extremely quick that you will get killed if you hold past the 1st hour or 2 the day after the first big price move.
Going long for me when I started meant a week or 2. now going long for me is buying the close and selling before 11am the next day. Long gone are the dot.com days when you could close your eyes and throw a penny into a random ticker and it went up 1,000% in 4 days...doesn't happen anymore.
Anyone who wants to use ocilaters and moving average crossovers, etc etc needs to go to big board stocks that have clear up and down trends.
The smart traders get in and get out with pennies...anyone who claims to be "long" the 2nd day of a big move is clearly full of sh!t. Oops...am I giving away the goods :)
To be fair...WWAG is the perfect example of a pulldown chart with an obvious pump. Buy during the last hour or 2 on the 22nd around .0014 and sell into liquidity during the open at .0018. Make a nice 20% - 30% profit in l hour and move on with life. Anyone holding longer than that is a fool/or insider who is in on the pump and knows it will go higher/or a person who front loaded and is riding freebies.
Sorry for the rant but just thought it needed to be said :)
Exactly...it should be a crime for the ask to be so thin.
looks like someone wanted to do a little painting and took 50k .0007s....and it almost wiped them off the ask.
This could be the play of the month once news hits....can't wait.
Bout to head out but I'll see you guys on monday...and who knows...maybe we get some pre-market news :D
They'll convert to ask slappers as soon as news drops....they'll be chasing that ask soon enough ;)
...and when they do the price will fly right through .001...possibly even .002
They can hit the ask now or hold the bag later :)
I think so to...Quiet before the storm ;)
I think another observation worth noting is that there isn't any dumping or bid wacking going on today....at least right now.
People who bought over the last 2 weeks are holding onto their shares TIGHT. A few people flipped which is to be expected, but no real selling pressure.
I know some people say TA is pointless with these types of stocks, but the charts/SS don't lie. This is worth buying in this price range especially if news comes out in the next week or two. This easily doubles or triples in one session.
But that's just my take on things. Can't wait to see what happens in the next few days :)
I personally don't have a problem with pumpers...my problem is with massive dilution.
I still like the chart in the short term. Relatively low risk and high rewards when buying this close to support...keep your stop losses pretty tight and watch out for bid wacking and this could easily be a 100% play for almost all of us at this level.
As long as there's no blatant dilution we'll be ok for now :)
I think the pumpers already have their shares...this probably won't move until the next round of news or hype...at least this .0006-.0008 will hold as support until then...maybe by next Tuesday or Wed...only time will tell.
:)
Good morning to you as well!
SMAA is just getting warmed up. The new support levels are being established and as soon as news comes out this is gonna run. Just a matter of when.
Hopefully soon :)
GM Board...looking forward to a good day!!!
Hopefully we get some pre-market news...if not then I hope the chart alone and momentum is enough to keep the price moving upwards.
Let's finish strong today!!!
Go SMAA!!! :) :) :)
I hope so. News or no news, the chart is slowly climbing higher and higher over the past three days. Higher highs, higher close's. Nice support at .0007 and we weeded out most of the .0005's that were bought on the 15th. All we need is news :)
I'm really hoping this takes off in the morning so we can finish the week on a high note :)
Hopefully good news ;)
If it has any substance to it at all then it's lift off time :)
congrats on the 5's!!! I tried to get 7's earlier but the bid was growing to fast...had to settle for a few 8's. I usually don't do that on plays before 2 or 3pm but a little birdie told me SMAA was about to make a strong move so I took a chance.
Only thing we need now is a piece of news and BOOM!!! POWER HOUR HERE WE COME!!!!!! :)
lol...that was very silly!!! Probably MM playing games or someone taking a quick profit that bought at .0004 yesterday.
I love the Bid Support at .0007...might see some chasing during the last hour...would be nice to go into 2morrow at .0009 or .001 :D
Very True...we are moving very quickly to the top of the breakout boards and as more people start to take notice the bids will grow exponentially...low float, great chart, possible news...now is the time to get in before the chase is on.... :)
For Sure!!! ...9's are so thin right now... probably won't see any real selling pressure until .001 and .0015...but it's so thin who knows...could easily shoot to .003 or .004 in a a few minutes...you never know with these low floaters...either way...i'm glad we already have our tickets ;)
Bid Growing!!! Earlier .0007 had about 4 mil demand...now it over 12 mil....and bids are growing on the 8s as well now...last 2 hours today should be very interesting.
I wonder If any news is coming in the near future...any news and this thing easily flys to .002 :)
I'm in now...can't wait to see what this thing does in the next day or so.
Hedge Everything...Even my hedges have hedges ;) ;) ;)
That's a good point...these low floaters at this price range and this type of "pulldown" chart always tend to make nice runs in the short term. Pump or not...I might have to bring some of the powder out ;)
I was a shareholder last year before the RS...I was stocking up on .0001's hoping it would run again after ownership change and it never did...then saw the RS coming a mile away and cashed out. Sorry for all of those who kept their money invested...
That being said...this chart has a nice set up for a decent move...at least for a few days or so...definitely gonna keep on my radar :)
I agree 100%....news hits and this things easily flys to .002...chart is primed for it
This one isn't gonna really move too much without any news in my opinion. Lots of support and might get a few buyers trying to get in before the weekend. But don't see this breaking past .002 without news and volume. This time yesterday there was already around 70 million volume...now there's barely even 10 million shares trading. L2's are super thin to...no one's selling. The second this get's news of any sort and this thing is flying to .0027-.003 easily.
I'm looking for news either after hours or monday morning. Definitely coiled and ready to launch :)
LOL @ HUGE NEWS!!! wake me up when this thing hits $1....until then i'm going back to sleep
90 mil volume so far in this price range...that's more than half the float!!! This thing is gonna blow very very soon. Great way to end the summer
Same here...grabbed this one for the chart...All of my indicators says "YOU SHOULD BE IN THIS STOCK RIGHT NOW!!!" Couldn't resist a set-up this beautiful. Only question is how high can we go. I'm hoping at least .005 - .006 short term :)