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Well, I could have made a hundred bucks by trading this yesterday right after buying it. Now I'm down $400.
Not bad for two days work
If there's one thing that I've learned in the quarter of a century that I've been fortunate enough to remain a conscious being it's that nothing happens when you expect something to happen and vice versa.
So, I guess I'm suggesting that people stop expecting something good to happen "next week" and instead expect that nothing will happen. Better yet, try to expect that something bad will happen "next week"...this seems to work even better :)
...and while you're at it, try to stop pumping that this is going to $0.50 - infinity. Although it may happen eventually, we have been stuck in the 1.5~3 cent range since the end of August and have nothing but "...I heard that..." to back up such claims.
IOW, let's try to be realistic here. Take baby steps. There's a lot of resistance between where the PPS is now and 0.10, let alone 0.50. I think it'd behoove of all investors on this board and elsewhere (pumpers or not) to be careful not to raise other's expectations too high; because, more often than not, all that accomplishes is causing impatience when the hype isn't realized "next week" and, ultimately, more panic selling.
Panic creates panic and crap rolls down hill, etc.
...ok, well, maybe a pumper might benefit from the outrageous claims. I sure pity anyone that falls for their B.S. though.
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
"The stock market is simply the transfer of wealth from the impatient to the patient."
-Warren Buffett
...I've always had the patient part down, but I'm not too sure I can be anything other than greedy. Keep coughin' em up boys and I'll keep openin' my wallet :)
Are you implying that Eric is the Tooth Fairy?
I guess that makes sense, now that I think about it. He must have got sick of collecting all those ugly, stained, yellow teeth and decided to devote his life to developing and promoting a cleaning solution so that any future tooth fairy wouldn't have to deal with such hideous incisors.
It was during this endeavor that he accidentally discovered -- also known as serendipity...not often that you get to use that word :) -- a miraculous cleaning solution that he'd call "Winning Colours". Naturally, his goals then evolved into helping the world discover this truly splendid discovery -- btw, I've heard through the grapevine that Eric considered calling it "God's Piss", but he concluded that it might close him off to a rather large demographic.
It is through massive sales of said product that Eric (aka the "Tooth Fairy", aka "Hizzay", aka "Bigee", aka "Big-E") intends to accumulate massive wealth, wealth that he thought he could obtain through selling teeth to dentists. With this massive wealth he can finally bribe all the dentists of the world to collect teeth for him so that he can finally get some rest.
LOL.
I like you already:)
Are we expecting a bounce here?
I see the RSI just hit 50 and the sell-off came to a halt for the time being. We had the 50 DMA crossing over the 200 DMA 3~4 days back.
I bought at 0.10, hoping that I read this one right...
Yes, I believe it is important that we hold 0.01, though. Once you add a "0" to the PPS, people tend to analyze it from different perspective. Whether or not that different perspective will be better for WNBD in the long-run, I do not know, but I don't want to find out either :)
200 DMA currently sits at 0.0095 (according to SharpCharts), so we are VERY close.
Typically, the longer the consolidation, the bigger the pop. I'm actually liking all this sideways trading that WNBD is doing right now. All this needs is a catalyst, be it a good PR or something on the chart (eg "Golden Cross").
I foresee a move much like ELTP just experienced last week. I expect that it'll happen very soon and probably be driven by an announcement from the chief (ie Eric). In the mean time, I'm going to take advantage of all these cheap shares the MMs are dangling before me.
I guess Christmas really does come early sometimes :)
If we do lose 0.01, look for a good bounce off of the 200 DMA like the last time this dipped below 0.01, should it drop that far...it's all good!
...says the devil.
...and Bill Panetta...lol.
That 3.8K was mine :)
Woulda bought a lot more, but I only had 1 grand available in my account. You can most likely count me in for another $6~8K buy tomorrow, if this does what I think it'll do.
I don't think that it really matters in the grand scheme of things, but I wonder if this sells better as a (all purpose) cleaner or a paint remover? I only ask this because I've noticed that it is being sold in a lot of paint stores, which is cool -- don't get me wrong -- but it makes me wonder how many purchasers at such stores will even consider its other many uses.
In any case, the more stores it can be found in the better.
It's very cool how versatile this stuff is. WC's versatility coupled with how safe it is to use is what really sets it apart from the rest of the pack and why this is a no-brainer investment, IMO.
TRUE STORY:
I put WC to use on a nasty cranberry stain a couple nights back...
The perfect ending to the perfect day was almost ruined when a large chunk of canned cranberry sauce slipped off of my fork and took a bounce off of a slab of turkey, rolling from the collar of my favorite shirt all the way through my favorite shorts to finally rest on my severely chaffed left knee.
I couldn't help but eat the darn thing after it did that. I was so furious that I could have threw it through a wall...but it looked so darned scrumptious just sitting there on my knee, begging for my forgiveness. Not to mention, it was the last of the cranberry sauce and I didn't have enough spirit, or cash, to go to the local store to pick up some more.
...but I digress.
It was one intimidating stain, let me tell you. Heck, it stretched over half the length of my body! To be honest with you, I wasn't too confident that WC could save me from my most unfortunate turkey dinner to date... and I've had some bad ones...boy, have I had some bad ones!
Fast forward roughly 15 minutes, 1 ounce of WC, and 5~6 ounces of water later and I am back on cloud nine.
I couldn't believe my eyes. That monstrous stain -- that 800lb gorilla that I thought was going to ride my back for the remainder of the evening, until my sweet cheeks would have inevitably shoved it aside, only to have it shove her back off of me about 2 minutes later -- was gone...forever!
Pure magic. WC is either the best illusion that I have ever witnessed or it is everything that it claims to be and more. In either case, it's definitely worth the price of admission.
You really like talking to yourself don't you? LOL.
I hope you're right... I think you are right. I'm currently betting a good chunk of change that you're right. I only wish this current downtrend would reverse sooner rather than later.
I don't know about you, but I don't like bleeding.
But if enough people interpret the charts the same way, then that will have a large impact on how the market is shaped, correct?
Now, if you understand how a large percentage of people make their decisions based on the chart, this is also very beneficial, right?
A lot of people use indicators (RSI, MAs, MACDs, ...etc.) to make their decisions. Fortunately, there are enough out there who have the same interpretation of how to use them that it can greatly benefit the rest of us to search for that interpretation. The key is to learn to use the indicators the right way. That is, the way in which they are most successful. The way in which the most people out there in the market interpret them.
IMO, the best way to do this is to find someone who is successful w/ them and pick their brains. Someone like BigDogs, for instance.
The funny thing is, if everyone interpreted the charts the same way, everyone would always try to enter into a stock or exit the stock at roughly the same time. Talk about some crazy charts! Fortunately, there are enough idiots out there who will buy into momentum when the RSI indicates a likely reversal that a successful trading system can be used without too many headaches.
Seems obvious charts don't work
as well as you say or there would be a lot less posting to convince others they work, and a lot more play time.
The problem, like I stated earlier, is not everyone knows how to interpret the charts. The charts themselves will most often tell you all you need to know to make money.
Really, all it takes is a little effort and some common sense.
Agree 100%.
Well said.
I have a hard time believing that that many people will be targeting a ~2200% increase here...lol.
I'm starting to not like this pattern of Red, Red, Red, Red, Red, Green, Red, Red, Red , Red, Red, Green,...
I'm thinking I'm about ready to see some Green, Green, Green, other than algae, about now. At least we took the right step on Friday.
I'm not sure how to interpret the chart. IMO, it looks pretty ugly in most every aspect. We've been riding the bottom bollie for the last 3 weeks and are quickly approaching the 200 DMA. Hopefully we get a good bounce there, if we are unfortunate enough to find out.
It'd be nice to break the resistance on the RSI(14) found at 50. All it'd take is some good news and a little volume. Oh and let's turn up that darn MACD already, jeesh!
...stupid merger announcement...stupid, stupid, stupid, red, red, red, green, stupid, red, stupid, shoulda sold and bought in lower, red, green, stupid,...
If it is true that chart analysis doesn't work for microcaps, then how come there are so many traders out there that are continually successful in their trades "down here" using solely that technique?
IMO, it does work IF:
1.) you take the time to actually learn how to interpret the indicators/ overlays correctly -- this is a big one because people tend to want to take short-cuts
(and)
2.) you factor in current hype/ news and any telltale signs of cancerous things like dilution or a R/S announcement (e.g. a stock that is bottoming after an ugly downtrend with a negative OBV).
(and)
3.) you know what "p&d" is, cuz it is very common "down here", and realize that it is actually your friend IF you have a decent grasp of the first two criteria
According to my basic TA abilities, ZENG has a lot of good things going for it right now and in the short-term:
The daily chart looks beautiful over the last month, w/ a fairly steadily increasing 10 DMA in which the price keeps bouncing off of... it has flattened out a bit over the last couple days...
...but not to worry, 'cuz if it does, a "golden cross" is soon to follow (50 DMA passes through 200 DMA). MACD is heading the right direction and is currently crossing into positive territory.
It appears that ZENG closed on some support at $0.023 and the RSI is about to hit 50. Maybe we can get a little better bounce this time with a good PR *fingers crossed*
IMO, the last day's pull-back has created a decent entry point that can become a steal w/ the right news on Monday.
That makes sense. Thank you for your explanation.
I will...but that's not the point.
I'm assuming, then, that this isn't considered inside info. Is this correct?
While I too believe very strongly in WNBD, and I am very familiar with hyperbole...I think you would agree that there is at least a little risk found here, right?
I mean, there's risk (albeit small) involved with the decision to step foot outside of your bed in the morning, lol.
That being said, this is the only pennystock which I've found (invested in) that gives me the equivalent peace of mind as your GOOGs and your AMZNs and AAPLs, if not more...and that's definitely a good feeling :)
So, IOW, I agree ;)
Wouldn't sharing such news be considered inside information?
How is it fair that only shareholders that call IR would know about this, while all the rest are left in the dark?
Doesn't seem right to me.
I'm currently learning Tech. Analysis, so this might come across as obvious, or maybe just completely naive...but, assuming this falls through the 10 DMA (which currently sits at $0.25), wouldn't the next logical entry point be the support that is found at $0.20 (which also happens to be the ~60% retraction to be expected after a big run)? It appears as if the RSI(14) is about to hit 50 on the daily. If this were to occur at roughly the same time this (theoretically) hits the support found at $0.20, would it give this an even better chance of a reversal?
Next would be the 50 DMA (which would likely also be met by the support at $0.15), correct?
I'd appreciate it if someone more advanced in their TA could answer these questions for me. I already have a small position here (now free shares!!) and am trying to determine where to re-enter.
Thanks.
Eric's too smart of a man to send such an obvious pumper, lol.