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Knock off one of those 0's and that's where mine start. I think we see a new 52week high. And that could happen in one single day.
News makes this a 10 bag or better.....
30%+ of the float traded in less than 2 full days is pretty significant. Hopefully more eyes start looking at this one. Better get your seat at the table, there's about to be a nice Christmas dinner served up.
3's about to print.....
2's dropped under 100million!! It's going to move fast. Better reserve your seat quick!!
Every 10k moves it up and, magically, more 10k blocks appear in the 5's. NITE is supporting at .048. It won't take much, folks.
10,000 @ .0535. Let's take that out and move to the 6's.
I took out .0515. Your turn.
Well, there's only way to find out what's behind the curtain at .05. Let me take out the .0499 real quick.....
Edit: There ya go! Have at it - let's bring her up to .09.
All buys so far today. L2 is nothing but green. We need some volume.
We don't know what's behind those 10,000 masked sizes at .05. Can't be much though. We break through .05 and it's GONE!
Off to a great start! Almost all green on L2.
They've started masking the bids and asks with 10,000 blocks. I've got a 50mil order sitting on the bid.
Another record volume day wouldn't be bad either = a new floor established and we go up from there.
I'm hoping to see this sucker start climbing like a bat out of hell on little volume = we're holding white-knuckled tight to the float and there's nothing to buy.
Time to leave the trips for good? Let's see some volume!
That would be nice. What would be nicer would be to move out of the trips on solid volume.
SUPER low float! Get in now. Level 2 is THINNNNNNNN. Huge volume. She's about to blow.
The 1's are gone. Forget about it. There were almost 800 million on the bid yesterday all day long. And it was almost 100% buying at the ask all day long. If you want to get in cheap, the best you can hope for is to buy now or watch a spike to 4, then a selloff back to 2 (maybe). You may be seeing a spike to .001 and praying for a selloff to .0007 (and kicking yourself in the ass for not buying in the 2's tomorrow).
That's why we're still here, my dear boy!!!
So, someone decided to unload a couple million shares below the bid? How much could they possibly have made? That, my friends, is called a dumb ass.
An early Christmas gift for those who are smart.
Not with this bid support and this much buying at the ask. But you did manage to make it to my ignore list, so we got THAT goin' for us!
The 2's are falling! Won't take long now. Looks like the same team that brought SGBY from trips to pennies is on board here. But, hold and hang on tight.
Heads up - Check out the volume and bid support on BAYP. It's at .0002. Not much to lose at that level! Might as well grab the low hanging fruit while we can.
VOLUUUUUME!!!!!! 2's are thinning down. Bid support is building. We should see 3's soon.....
Was anyone here around earlier this year when the price ran right off the cliff? What was the reason for that?
Has anyone used that RobinHood App? No commissions on your trades at all. I've read reviews that it freezes up and is not reliable for day trading. I also don't know if you can use it for pinks or OTC. Just wondering if anyone has used it and, if so, what are your thoughts?
Calculate the amount of fees you pay on THE SALE (not the purchase) of you orders. To buy, it's a flat $5.95 commission. But to sell, it's the commission PLUS a fee. I posted the link to their own .pdf document explaining pretty clearly that you will be charged per $1000 of the sale. That money supposedly is not theirs but goes to pay for some regulatory BS. If they negotiated THAT supposed fee down for you then I would imagine they could be in one hell of a legal bind - which is why I suspect they DIDN'T waive it for you.
Scottrade has the same fee on the SALE of a stock, BUT for them, the fee will not exceed $5.95 total. I noticed it today when I sold a small batch of pinks and I was charged $14 instead of the $8 that I should have been charged.
A solid break through .001 sends it to the next level. But we need volume. A good PR would be nice right about now.
Check Fidelity's small print. I just read through it and they charge .01 - .03 PER THOUSAND DOLLARS of every sell order. So, if you are trading the pinks and you sell several million shares for $50,000, that's between $500 - $1500 commission!!!And I currently have 2 stocks that would yield well over double that if I sold them. YIKES!
Here's the document. The info is in 2nd paragraph under Stocks/ETF section.
https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/Brokerage_Commissions_Fee_Schedule.pdf
This thing needs VOLUME
.001 printed. Looks like resistance at .0012
Told ya! Some poor schmuck probably saw a 50% - 100% gain and sold. There's a fool born every minute.
She hasn't even gotten started yet. Some will take profit soon. The rest of us holding large positions may wait until the 52 week high. Anything in the trips is easy money.
You pay quite a bit more than $10 in/out if you are trading this stock using Sogotrade..... And you're limited to 100k shares (sometimes my order is for 10 Mil)....
From the fee schedule on their website:
* For stocks priced under $1, add the greater of $0.0003 / share (10% of principal max) OR 1/4% principal.
** For Stocks priced under $1, $100 minimum investment (principal) required per opening transaction.
**Online trades are limited to 100,000 shares. Please call our Trade Desk to place orders over 100,000 shares. Orders phoned in for stock priced below $1 will be subject to a $25 base rate + the surcharge.
Note: Free reward trades and prepaid trades do not apply to stock priced under $1 nor to any phoned in (broker-assisted) orders.
Penny Stocks: OTCBB and Pink Sheets may incur additional transaction fees based on DTC charges. These charges can be substantial, so they may be blocked from online trading.
Based on this, I would avoid Sogotrade for penny stock trading.
Don't look now, but there's a new posse in town. And we're here to make money.... Adiapola, a couple days ago, .0003 was at the top of the ask. Going to have to go through roughly 300M shares to see it, though. New management, fresh energy. Let's roll!
Oh, I think we got a good group in here. Something tells me there are a few people who are hoping to keep it low so they can accumulate as much as absolutely possible. And we're very patient.
Maybe not 50, but reversing the past 8 would be a DREAM.
Guys, quietly buy all you can while it's in the trips. When it moves, it will move FAST. This one could quickly make millionaires out of some.
I hear Texas is voting to make MJ legal. Looks like another market we need to move into.