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When it is on the bid side then it is a buy. Someone wants in. That should tell you something there. That its a brewin.
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You have to decide what kind of trades you want to make. Do you have the patience to buy in and wait for the run or are you more like a day trader and you can buyin as soon as it starts? If you don't mind buying in before the run and continue adding for a nice run then this is the way to do it. You can buy more shares without stressing out about it already taking off. You get more shares and can make more money. Or you can day trade with less shares and make less money per trade but you just have to do more trades. Make sense?
Yes the wait sucks but when it runs it will feel good.
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In my opinion if you have the means I would average down now and put an order in at .006. Thats a damn good price imo. You also have to remember Christmas is on Sunday. Trading slows down the closer we get to Christmas. The other thing is some ppl stop trading all together. Many are also clearing their portfolios, meaning that many are selling off for taxes and will buy back in after the first of the year. Its not to worry imo. Most pennies will drop at the end of the year due to ppl selling off for taxes. Again, I would not worry but if it is making you uncomfortable I would move on. No point in losing sleep over it.
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Ok so not a very good start today. Wish I would have picked some up at .006. Come on FLRE, we need a big day out of you!!!
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Wow!active board this morning..lol
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Isn't it illegal to essentially trash a stock (try to bring the pps down) and now own any shares? I am under the impression that it is.
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Thank you sir! Very interesting. Now that certainly makes sense. More of a low life than we could have expected.
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I use scottrade as well. Scottrade does not support pennies so paying for their level 2 is useless. I use Equityfeed which is much more than just Level 2, it is also a scanner, news, etc. I think it works great.
As for scottrade if you only trade pennies I would ask for them to cancel your service if your paying for it.
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Go SNEY Go!!!!
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A reverse split won't happen SL. There are few too many shares for Glover to do that. Doesn't make any sense.
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I think we will see something next week, my gut is usually wrong but Im feeling Monday. Come on Glover, give us a nice run before Christmas to cover the cost of it. Im sure we could all use it.
Go FLRE
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SL- Its like I told you the other day, we have essentially bottomed here or built support. Notice we are not dropping below 7. In fac,t the bid is slow creeping up along with the ask. This is a very good thing. So to say we may go into a tail spin is giving a false indication to newbies. Lets stick to what we know so that it doesn't cause a panic for no reason. We are going up not down at this point and we haven't even seen any real selling in several days. We have been consolidating between 7 and 8 at this poin. A break out will come soon imo. The news or filings may be a catalyst unless technical traders cause it to run first playing off of support. We are looking good so to think otherwise at this point would be baseless.
Hope this helps your confort level. You should feel good with where we stand.
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I completely agree! Thats why when you see ppl crying P&D you know they are full of it. They have not put out PR after PR driving the price up.
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lol My bad. I had 3 different charts up and must had copied the wrong one. My fault for rushing while at work.
thanks
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You need to feel comfortable with your position and move. As soon as technical traders feel this has bottomed it will run. It has been trading in the .007 to .0085 range for a bit now and I think we have bottomed and have strong support at .007. Look at the chart I have posted, I believe a run will take place soon. I think the chart is ready for a run any day but that JMO. GLTU
http://stockcharts.com/h-sc/ui
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I truly hope you are right. They have come close a few times. If they do pass it then it will not be pretty. We will surely see a civil war again. I hope it does not come to that. You have to look at how Hitler disarmed ppl over there. I will see if I can find the story. It was very sneaky. The UK has disarmed its ppl as well. Like I said, I hope you are correct.
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LOL I forgot you were a comedian.....nope don't blame anyone but myself. I also take responsibility when I make 42k in one trade also. Darn, silly me!
Ok smart guy, you just said that pennies don't have mm's. Well, how do the trades take place smart guy.....oh ya, thru mm's!! What has to happen with a pink uplists?? Or do you even know? They have to choose an mm to represent them. So you don't know Jack my friend. You sound like a silly, angry little boy that needs to keep taking notes.
For you to think that these firms/mm's are not making money in pennies is hilarious. Funny how all of the big firms have their mm on almost every penny stock, funny thing huh?
You get an F in today's lesson. Please sit down.
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Yep, unfortunetely I believe that is the end game. Guns before gold and silver though. This crap with Fast and the furious with the feds was nothing more than another way for them to try to ban guns in the US. Thats all it was.
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I am in AZ as well. People think that SB 1070 was just for mexicans coming over illegally. Well, they are wrong. Gaddafi's son was just caught going into Mexico under a fake name. Google how many taliban or terrorists are caught each year trying to come in as mexicans. It will scare the piss out of you or how many they have caught just this year. This is the reason for SB 1070.
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Absolutely! You mean JFK....yep, and he wasn't even the first president to have an assassination put on him by the federal reserve. This goes way back to Lincoln. Very scary how we have given them this much power. JFK was something like a week away from signing the Federal Reserve out of the US. He was closing their doors here. He had already started printing Debt Free Dollars from the US. F.R. could not let that happen.
Do you know why we have social security numbers? For each person that is given a social security number that allows the US govt to borrow $1m from the federal reserve. They figure that in that person's life time that they will pay $1m in federal taxes essentially paying it back.
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Yes this is very true. In fact it has already started happening. JP Morgan and others got busted this past year for manipulating silver which is why we were seeing the huge swings in silver but also why they were not letting it go above certain prices. This allowed them to play within a certain areas. They would let it climb then short the heck out of it. Anyway, they got popped and in a lot of trouble for manipulating the market and thats when we saw silver start to climb.
They cannot hold gold and silver down forever. The only reason gold has dropped lately is bcuz the Euro is tanking so many are fleeing from the Euro and jumping in the US dollar artificially inflating it. The US dollar will continue to tank. Believe it or not this is the plan from out govt in order to bring in new beliefs and currency. You cannot change a govt when everything is running good and the economy is prosperous. Nope, you have to collapse a govt from within and then say "oh look I have a great plan lets implement socialism and oh look we will create a new currency that has value since ours is hyperinflated(this will happen soon)" and most will be hurting so bad from the economy and hungry that they will take whatever is going to feed their families. This is exactly what Reagan and many other countries did to the Soviet Union to bring it down. We got it to collapse from within and jacked up the price of import/export. Hence, China just said they were raising taxes big time on US import cars.
This is why ppl need to own physical gold and silver. Yes stocks are good but they are still paper and as we all know that the gold stock or gold mining company has to be doing well for that stock to go up. You have to hope that they are being honest on their books and many other things for that gold mining stock to go up. However, you will still be in US dollars not gold. Two totally different things. Physical gold and silver is essential for the coming months and years. Our country is too far gone. These things will happen unfortunetely. We are still printing money to this day. They won't stop until the dollar is dead. Mark my words.
How scary is this, Do you know that the Federal Reserve who prints our money is not even part of the US? Nope, they are not at all.
http://www.globalresearch.ca/index.php?context=va&aid=10489
Our country is heading to a place that it has never been before. People the need to wake up before one day when we actually do wake up and this great country is no longer the free country that we once new. Think about our children and grand kids. They will not know the freedom that we new. They will not even be given the opportunity to read about it in history books bcuz it won't be written in them. Our history of freedom is already being deleted. If you think I am kidding do some research. Books of George Washington have already been disappearing.
Ok Im done, good luck.
I know this stuff from research and am in the precious metals industry.
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This is still a low float and can move with very little buying volume.
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Thank you sir! Very good facts. So it seems a pretty penny can be made on penny stocks? Isn't that interesting.
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if Im not mistaken there are reports that show how many shares the mm's are holding or held. I don't know about clearing their books out at the end of each day or not so I cannot comment on that.
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I agree with everything you said. Good to know I am not crazy for thinking like that.
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Show you a firm?? What do you think those little letters next to the mm are? Those are firms, I am not talking about Schwab smart guy, and hedge funds won't touch a penny stock until it crosses the $3.00 mark.
If you think that the mm's don't make money on penny stocks well, then there is nothing else to say.
You seem to know everything about everything and your track record of being very accurate in your comments speaks for itself.
GL Bub
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Look, I can understand you being pissed off with where you bought but to be honest man they were terrible buys. You continued to average when it had dropped over 100% and kept dropping. It was being shorted big time and you didn't take the time to see what was driving it down. I know its not what you want to hear man but your trades were bad trades. You never should have put good money on top of bad. This is exactly why ppl should 98% of the time cut your losses at 10% to 15% and then buy back in when it finally bottoms. You can't be pissed at glover for the mm's shorting.
I know you will fire back but you need to hear it straight. Learn to read charts and know how to trade especially pennies. Pennies are a different animal all together.
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Thanks bud! Almost bought some at 4 today, I assume we will see it hit that tomorrow as well. We will see.
Feel free to hit me on pm, I cannot reply but you know the deal.
G- Thanks again
Now that's funny!!! You poor thing you, you still don't understand pennyland. I really feel for you buddy. Let's think about this, mm's for their firms can buy hundreds of millions of shares or short them and manipulate the stock almost as much as they want and as a result get huge swings of 25%, 50% or even 100% plus in profit making money on the way up and also when they are shorting it. Yes, they may not have their hooks in sney on that day of $7k in trading volume but they will be there when it moves or when they want it to move.
Now think about that chris, these firms can use a tenth of the money on these penny stocks buying hundreds of millions of shares making monster profits as compared to the big board stocks that may move 1% or so for the day or month, oh ya and is highly regulated. I forgot to mention that the sec barely even pays attention to the penny world which is why they get away with all of the manipulation of stocks. Almost ever day another stock goes on the naked short list which is supposed to be illegal right? But they still do it anyway with no recourse.
So, I hope you took notes my friend bcuz there is a lot more money in penny stocks that one might think. You think its by chance that so many ppl play pennies or do you really think that ppl are just playing with a few hudred dollars cuz pennies is all they can afford to play?? I know more traders with 50 to 100k in their accounts playing pennies rather than big board stocks. They invest in big board stocks and they day trade or swing trade pennies.
Class is dismissed!!
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So, you truly believe any day now or know?
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SL-If there is one thing that I have learned is that any penny stock can run at anytime for reason. FLRE is due for a nice run with or without news as I mentioned before. It doesn't take much to trigger a run as long as the mms dont screw it up.
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He tends to do that. lol, always avoids the questions that may shed light on what he is really doing here. lol
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True, but it doesn't mean they don't do it. Im hoping for a drop in the 6's again so I can add there or at least I would like to in that area.
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Hey Vik, did you figure out what the deal is with buyins and the shorts coming off the list?
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You believe things will turn around? If anything this looks like a good buying opp but ouch. If you know it will go up I may pick some up.
I've been working and playin some others. And you? You know my dad passed so have been dealing with that since June. A lot going on really.
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Ah, yours and Andy's pessimism always makes the rest of us bulls on FLRE look so good and smart when goes up and does well. Thanks and Im sure we will see it bounce soon. No worries here.
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Ouch!! Whats going on here? Just opened up and see .0037 on the bid. Never thought I would see it this low. Someone dumping or mm games?
Thanks
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I wouldnt hang it up yet. I just deposited another 700 and when it clears I will buy more. I am not worried about it at this point. I really am not. I believe we will still have a nice run. The drop earlier was on small sells. As for the filing showing sales, well I wouldn't expect anything on the filings. They will just show that they are filing at this point and any money they have. Ppl need to not get so scared so easily. Scam or not it should run imo due to technicals or a drop can trigger it. Again, Im not worried.
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Oh ya you are a true blue shareholder. Certainly talk with optimism and everything. Wow, look at you! What a joke. You haven't fooled anyone. Har har har.
Preach on you shareholder you!
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I completely agree! Don't know how 65m shares are covered in the last 2 weeks when there has been maybe 10m in volume over that period. Ya something is up imo.
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