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I see some new interesting picks. Are your favorites from top down, or more like watch lists? TIA 1step
New company, I like its prospects.
Will be adding my DD to Ibox, if anyone would like to add anything please let me know. Thanks 1step
Nice job ralfalf,
Now we just need to find and highlight Maddogs DD which states our neighboring leases are going for 6K an acre! Crunch dem numbers and .10 is a bargain.
Repost: This is a MUST read:
http://www.investorshub.com/boards/read_msg.asp?message_id=17360299
Whatever Paper
Im with ya! Good idea chartinator!
One way...
to avoid your shares being shorted is to put a GTC (good till cancelled) order in as high as possible. This company needs a fresh start, and a fair chance w/o the market manipulators. GLTA1step
Could someone post the chart in the ibox? TIA 1step
It is my understand that by increasing the A/S you lower the risk of a hostile takeover? no
I believe it most certainly applies to the otcbb & pink sheet stocks, where they have an even greater ability to manipulate the market. It is often hard to distinguish dilution, shares coming off restriction, and naked shorting(hard to prove), but if you look at the charts, I found the CMF(chaiken money flow) negative & positive buying pressure very helpful. Stockcharts.com will allow you to use cmf. Good Luck 1step
I cant say for sure stockjob, but here's a bit more:
Ive also noticed that it is usually good when ABLE is on the bid...at least from what Ive noticed....
And HDSN handles a lot of CD (Convertible Debenture) transactions...
Another thing to note - When looking at Level 2's, try to find out who the ax is...
What is the Ax?
It is usually the market maker that is controlling the action on the stock...
http://www.investopedia.com/terms/a/ax.asp
Sometimes it may be difficult to determine who the Ax is...
I'm reposting here Catfish's explanation on finding the ax...
Axes basically is main MM that is either supporting the bid or opposite (hitting the ask).It is the party who seems to be controlling the action in the stock.
Also when a stock is dumping S-8 shares he will be consistent on the ask. Once he jumps and starts supporting bid => S-8 close to being over => MM movement is big.The ax isn't always trading the stock in one direction or another. Sometime he is keeping it in a tight range. And sometime he is not there at all. Another ax may step forward, but there are times where there is no ax present doing anything of note.The point is the ax is the one to watch, closer than all other parties or MM’s.
When you learn to trade with the ax your odds greatly increase.
So how do we find the ax????????
The best way to find the ax is through familiarity of the stock. By taking the time to watch the stock trade via Level II the ax will usually become quite apparent. But since we want info now and not wait days to find out there’s a shortcut. It's no substitute for watching the action, but it can at least give you a lead on a few parties to watch closer than others or MMs. Key = Monthly Share Report!
Generally look at the top 3-6 spots on the report. I tend not to count wholesalers at all as market makers. I also don't count ECNs as any number of players can use an ECN (TRAC, DATA). I will also throw out retail ECNs like GVRC for similar reasons as just mentioned, and also since most of the traffic is retail. We are getting rid of unnecessary MMs. Plainly it just doesn't happen where a little guy is going to control a stock. So that’s why we narrow selection.
One, the ax is not static. On any given day any party can be an ax. Heck, there may be one ax in the morning and another in the afternoon and neither of them could be listed in the top ten of the monthly share volume report. If a big order comes onto the trading desk of a firm that doesn't do big volume in a certain name the firm will need to work that order. And if no one else is doing anything of consequence in the stock this new party will command the action.
An ax can easily use an ECN to hide much of their action. They can and will use fake outs.
IMPORTANT:
Keeping a keen eye on Level II will reveal these things.
Monthly Share Reports and Level II patters are the key.
Watch the Level II and they use monthly share volume for confirmation.
Example of an ax who is selling:
When the market is rallying, the stock has a hard time moving higher, seemingly hitting a wall every time. And every time the wall seems to have the same initials and yet, when the strength subsides, the stock has no trouble falling. And funny enough, the ax seems to be following the stock down. That’s where Level II comes into play. You have now found the missing link per se. You can see around the corner and start to see patterns.
MM AX is on ask - it means he is driving price down - not good for us because we are buying and not shorting the stock (can’t short OTCBB).
Some more info from cat on this subject including some examples can be see here...
http://www.marketmillionaires.com/m...ing-please.html
I know...
my account looked sooo good at 12:30 today. LOL
I believe we'll make that and some more next week. GL 1step
Brikk I didnt realize you were in this one too!
I swear Im not following you. LOL
(maybe a little) 1step
Great week DSD!
Todays action is just a taste of whats in store for for those golden O & G plays! Have a good weekend everybody 1step
CTUM made Lowman! I really underestimated the bonding/tissue welding technology! LOL
So he claims...
He doesnt have much anyway 2mill or so.
Not an issue anyway
No, you didnt!
Give me some of those .018!!!
LOL zguy!
Maybe your buddy and I could join a support group. The way I see it isnt going to matter in the Long Run:) Pun intended
Just checked in our man shakerzzz
LOL He's still at it:
Posted by: shakerzzz
In reply to: shakerzzz who wrote
Date: 2/23/2007 12:25:01 PM
Post # of 219675
NVMG...monster...oki doki just checking in on vacation > cyaz monday weeeeeeeeeeeeeeeeeeeeeeeee
I was just going to post that same message Bull!!! Weird?
Hello Board!
I just got in today at .61, but been reading the board since .03, been waiting for the dip, LOL...lesson learned GLTA 1step
Absolutely,
this retracement is good for the stock!(learned that from Brikk)
Looks like alot of nervous nellies in here.
I'll take em.
What happened? Did they halt trading?
They're all fake...LOL
Oil Prices Rise Above $61 a Barrel
Friday February 23, 8:38 am ET
By George Jahn, Associated Press Writer
Oil Prices Rise Above $61 a Barrel, Extending Earlier Gains on U.S. Inventory Data
VIENNA, Austria (AP) -- Oil prices rose Friday, extending gains registered the previous day after a U.S. snapshot of energy inventories revealed a surprising drop in U.S. gasoline and heating oil supplies.
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Tension between Western powers and Iran also boosted energy prices. The U.N. nuclear watchdog reported Thursday that Iran -- OPEC's No. 2 supplier -- is still refusing to end uranium enrichment, in defiance of the Security Council.
Light, sweet crude for April delivery on the New York Mercantile Exchange rose 22 cents to $61.17 in electronic trading by afternoon in Europe. The contract price jumped 88 cents a barrel on Thursday, continuing a rally that analysts said has largely been driven by demand for petroleum products.
Brent crude for April rose 42 cents to $61.04 a barrel by midday Friday on London's ICE Futures Exchange.
U.S. crude inventories climbed 3.7 million barrels to 327.6 million barrels in the week ending Feb. 16, the Energy Information Administration said Thursday. But what stoked the market's advance were gasoline inventories falling by 3.1 million barrels to 222.1 million barrels, and distillates, which include heating oil and diesel, dropping by 5 million barrels to 128.3 million barrels.
Analysts were expecting, on average, a modest rise in crude oil and gasoline inventories and a smaller drop in distillates.
"Cold temperatures and refinery maintenance in the U.S. are seen to be responsible for the considerable stock draw," said Vienna's PVM Oil Associates. The high demand has been sparked by chilly weather and snowstorms in the Northeast and Midwest regions of the United States. Distillate fuel demand was nearly 10 percent higher over the past four weeks than it was over the same period last year, the EIA said.
Supplies remain relatively ample -- U.S. crude, gasoline and heating oil stockpiles are at or above the average range for this time of year, the EIA said.
Natural gas futures fell nearly 12 cents to $7.609 per 1,000 cubic feet on the Nymex and heating oil rose more than a penny to $1.7395 a gallon.
Tetsu Emori, the chief commodities strategist with Mitsui Bussan Futures in Tokyo, said it was likely oil prices would remain within a tight range of $57 to $62 a barrel in the coming days.
Associated Press writer Tanalee Smith in Singapore contributed to this report.
http://biz.yahoo.com/ap/070223/oil_prices.html?.v=7
LOL. We've definately got our own cartel on this board!
Yes Kojira
we may need your help again next week too! LOL
I'll take over in the .04's
Double bottom bounce!
weak attempt at a shake....
we're going to break .03 today
Load up here at .023, we're making another move up!
MMs are often times the shorts too.
MM's ran out of shares before Lunchtime LOL!
I just raised my GTC .05 up to .08...
I was afraid they might get em today!
Hold those shares!
Short covering EOD (end of day)...again
Shorts will wait for Friday sell off to cover. Short squeeze can last weeks, especially when they continue to short, which is what is happening now, as they anticipate a sell off. They picked the wrong stock to short! Strong Longs in this one!!!
Great Day! I smell something burning. Shorts tied to the stake? LOL
42 million short! The squeeze has begun! GLTA 1step
ROFLMAO DSD That'd be a sight! em
Thanks BagmanSHO, Your board is one of my favs!!!
NVMG after hours news!!!
Beautiful Chart
NVMG After hours news!!!
Great chart, Heavy Long Position, and 42 million short shares for Feb. squeeze trigger .0125 LOL
AH News on NVMG!
tommorrows a no brainer IMO
AH News on NVMG!!!
42 million short shares for Feb.
squeeze trigger .0125 LOL