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Looks like someone wasted money trying to manipulate the pps today with 80 share sell orders today. The price stayed at .0029, then when they sold 300 shares the price went to .0028. Then bingo more people sold.
Also you will see some trades today that had ? on them, and no corresponding after market T-trade list. This is done to conceal if the trade was a sale or a buy. People have been prosecuted for stock manipulation of penny stocks. Called bid support where artificial floor is created for stock price. Section Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5. Some trade in multiple accounts. Sometimes trades are not reported to the market. Sometimes these schemes can go on for years before the people get caught.
This is why it is good to specify aon (all or nothing) on your trades for penny stocks. This keeps your shares from being played to manipulate the pps. It can be a pain in the neck when you get partial fills and your order is not completely filled.
Looks at the trades. Anytime you have trades less than the price of trade, the trade is suspect. This is how the pps is manipulated to make the appearance that things are better than they are (false candles). The people pushing down the pps do the same thing, they will do it in the morning, the pumpers doing in the afternoon before the market closes.
Mine now has a stop sign on it.
stop sign
Take a look at 11/6/2016 and 11/7/2016 on my chart. You will see same pattern. On 11/6/2016 the body was bigger, along with the volume, on 11/7/2016 the body was smaller, with smaller body. Then bingo pps started going down again and now .003 is a resistance where as before it was support. My prediction is that we will break below .0020 soon and .0020 will become resistance and .0010 will become support.
I bought some at the wrong time (to early 8/1/2016) before the 8/5/2016 crash at .0090. All the other trades I have made profits. Luckily the position is low amount of capital. Maybe I will sell to write against my gains to lower my capital gains tax for 2016.
What makes this down turn so bad is that there is nothing coming from the company. No press releases, no financial reports, no website, and no product for sell. It will be interesting to see if the SEC gives a 30 to 60 days warning for delisting. Once things are delisted the balance goes to zero in your account for the security. I saw some postings that 11/15/2016 is a deadline date.
With all the stuff going on with the SEC, I doubt this is on their radar now.
That is why I used the word possible. Look like some heavy dumping going on today. If we end up with a spinning top candle stick for the day, new lows will hit pretty soon.
So far I have not seen any sec warning notices about halting trading. Until that happens happy trading. It takes up to 1.5 years to halt trading when there is no reporting.
The more accurate poll investors business daily has Trump 43 Hillary 41. Enjoy the rally while it lasts. Looking at trades major players in this run.
Looks like it. Also sec is investigating looking at emails and other communications.
Other possibilities are shorts are covering before election.
I noticed another bankrupt energy (non renewable) company is up today. Could be short covering before election.
This is an election play. Hillary is now ahead in la times poll. 45.1 to 43.8.
I look at the fundamentals and the technicals. I know what you mean about the fundamentals being bad, etc. From the a technical viewpoint the stock is oversold. Honestly I have only traded this stock. I did buy some on 8/1/2016 and I am still under (bought at .0090). The other that I bought at .005 (8/5/2016) I sold for a profit. I got in at the wrong time (to early for 8/1/2016). The other trades where in 2015.
Remember this is a otc pinky and it is to be treated as a trading vehicle.
This was the first otc stock I bought. I learned very quick that it is not a long term investment but something to trade and flip out when you can.
The good thing is that the o/s and float are low compared to the other otc stocks that are being pumped and dumped out there.
So far this year I am up about $2000 for 2016 compared to $850 for 2015 in all my trades. I took a lot of loses in 2015. No losses yet for 2016.
GLTA.
Signal still valid, we will have confirmation soon about uptrend or stuck in channel. It is good to see that we have at least 50 trades the last few days.
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=MINE
Nice 3 month chart, 5 day moving average above 20 day moving average. Upwords trend. If a PR comes out along with updated financial statements the pps is going to go bonkers.
Buy signal generated for mine.
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=MINE
Nice to see it close above .0070. Nice number of trades along with the volume. Good work lets see if we can get to a penny close today.
Buyers must be anticipating some news..... Maybe some financial reports.
correct url is http://www.vitamin-fizz.com/
Only 10,000 shares trade, 1 trade. Looks like a failed pump, imho.
Yes it did have a reverse stock split. The .18 cents is equivalent to .0018 pre reverse stock split price.
Buy signal
by signal
Chart looks like it has bottomed.
What makes you think pps going to $0.02 soon ?
Key dates are 10/17/2016 and 10/31/2016
As of January 31, 2016, our obligations under outstanding notes totaled an aggregate principal amount of $924,448. Of such amount $250,000 was due February 6, 2016, $250,000 is due June 4, 2016, $220,000 is due June 30, 2016, $65,830 is due October 17, 2016 and $138,618 is due October 31, 2016. We currently do not have sufficient funds to pay all of the past due or future notes.
Yes. Buy signal issued yesterday.
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=PMCB
Major move. Accumulation going on.
Don't worry. There are a lot of long term investors buying and holding this stock. Plus it is being accumulated by institutions. The news on Monday morning was incredible.
Yelp. I got in at $3.50 and $4.00. The stock had been a favorite of shorts. Nice to see it finally go up.
Yelp no news on 9/21/2016. Probably will be a massive selloff soon.
The trend continues to be going down. All the shorter term moving averages are below their corresponding longer term moving average. Pattern of dilution. You can see how the pump failed with the tremendous buying pressure. Had the pump worked the pps would have been above a penny. Lack of conviction from the buyers. If the flippers go away this stock will be in big trouble headed to the trips, imho.
technical analyis
traders cheat sheet
Yeah I noticed the same thing.
I know someone who uses the product and is pretty happy with it. Looks like stock price spiked up this morning.
This stock held by a bunch of mutual funds. Continue to accumulate over the long run. Also has a favorable bullish trend. All the shorter term moving averages are above the longer term moving averages.
Technical analysis
Someone is scared. They sold 890,800 shares @ .0051 this morning. Or it could be a sign of new dilution or convertables.
3 interesting trades today. 1 and 4 shares trades for selling and 5000 shares trade for buying. Everything done to hide the big sell trade this morning.
Possible retest today of 8/5/2016 black Friday low of .0046. Lower lows and lower highs trendline indicates pps will continue to go down.