Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thank you. I will still remain flipping this because it has great swings but I won't be stating details about me buying and selling. I'll be going in and out of it today but won't be posting anymore on this board until after the session is over. Take it easy everyone!
B/A .0042-.0043 down 9% This is my last post on this board until the session is over. Called it before the opening bell, could have sold while it was green. It is now a 16% difference in PPS. Wish more listened and sold earlier, oh well!
I will shoot you an email today :) I'm glad you found my post helpful. Thanks for the kind words as usual.
It already has begun. B/A .0045-.0048 with 5M at .0048 : Negative spread.
Actually someone dropped the Ask down to .0047 and the 5M is sitting on the level above it. Manipulation emotion working as usual. I'll be buying back in later. This is what I was talking about yesterday. Some are too hard headed to admit it works and IS working.
You're welcome, glad I could help. Take care, I'll be back on the board after the market is closed.
To be honest, a company sets itself up the best when the PR is released pre market. We still do not have a PR. If there isn't one soon I will sell and buy back in after the sell off dip. They said the deal will close BY the 25th. It should've been closed already and have a PR pre market about it. Everyone has been counting on a PR today, if we don't get one there will be a drop, whether it's at the open bell or at the EOD, there will be one if a PR is not released during the session. Let alone its Friday which doesn't help.
To the others who replied to my last post. No problem, I'll keep my posts to other boards today, good luck!
So far no PR, this has drop written all over it if we don't get one especially with the massive resistance at mark .005. Everyone has been holding and/or loading with expectations of a PR by the 25th and yet again they wait and haven't released anything; today is the last day. I will dump before I get caught in the no PR Friday sell off. Good luck to all who hold through a no PR day. I honestly don't think we'll be getting one. I'll sell and buy back in lower after the dump. Take this as my warning.
I suggest everyone should take a minute and read this. Egnar: Yes you understand. Some do not understand the purpose of tip trades. I have used that technique before and it works. Regardless of what people think of how irrelevant it is or how it looks or how "stupid" it is; it is a successful way to help draw the PPS up or down. This technique HAS been successful in this stock. Whether people on this board believe it or not, I assure you it has been working. I ran a drop order analysis on this and there have been more orders filled on the bid due to the 100 share trades. In other words the trades taking place after the 100 share whacks are biased to the bid or an Ask decrease off the spread. This technique mainly works on stocks with continuous spreads which help sway the fluctuation down or up. I will say this again, OTC stocks tend to move off of emotion. Many investors here will SELL into the tip bidding. Followed by tip bids there are more dramatic ways such as closing the spread with 10K at the level above the bid (or and Ask decrease to entice the original Ask to lower down to the 10K mark, which I've seen here as well) and then start tip bidding. I find it amusing that so many on this board think that method is a waste considering it has been working. It's not only used to move the PPS down but to fill orders at a lower PPS. This method is similar to "fake walls" as some call it. For those who don't know what that is, its a large block on the Ask to entice people to sell on the bid. The moment the bid is filled the large block on the Ask will be taken off. MM's manipulate but will manipulate based off of trading movement and volume. This is all part of manipulation, that is what makes OTC trading that much more fun!
I believe this is my last post I can make for today so I will respond to any comments tomorrow!
As always, take care Egnar, I'm happy you understand (not trying to discredit anyone else but it is a technique and it works whether you think so or not).
That is why I'm selling some at .005 (taking some profit) while I still keep a position just in case if it does move up (meaning if we get a PR tomorrow). If we don't get a PR tomorrow and it drops (which it most likely will), I will dump my shares like everyone else (sell the rest of them to cut my position even) and then buy them at a lower PPS. That is the way I've been flipping this stock, easy money. I've only taken a small hit one of the red days here and managed to make it back later that day. The swings on this stock are great. Swings are what make day traders money that's why I've been here constantly. Take advantage of my analysis and predictions I post, they can help you trade similarly so you can make quick money daily even if the stock is red.
Either way, if we don't get a PR tomorrow I expect this to go back down to the 3's or very low 4's. I'm not buying any more today unless they are in the low 4's. Shedding some of my DT shares at .005 so I will buy them back lower if it does drop back down to the low 4's. If not, I'm satisfied with both of my positions here. If we drop to the low 4's I'll be neutral, if we continue to move up I'll continue to see more profit. I have yet to be caught in any major red while I've been playing this stock so I enjoy these fluctuations. We'll see what tomorrow brings.
I saw! I have enough DT and LT shares but will only load more if this drops back down to the low 4's. Too many unsure investors here to continue to buy at this PPS. Tomorrow will most likely be ugly if there isn't a PR.
The best way to get cheap shares is to let there be a spread and once people start bid whacking you put your order in on the bid. If you have your order sit on the bid (especially if its large) the chances of it getting filled is less.
Selling some at .005, I would like to get more shares in the low 4's. Someone bid whack the 47 so we can drop a bit :)
This is so unsteady, people are unsure if they want to drop out or not. There was a 1.1M bid whack at .0044 earlier but then a buy of 1M at .0046 (which didn't move the PPS anywhere).
It changed the quantity. Debating to take it out or buy a small amount to help move this up.
Moved up I see. I will hit the Ask .0046 with a 100 to see if the share count drops or stays the same.
Even with the PR the charts won. Glad some took advantage of my post last night and sold earlier in the green today.
This will be very interesting if we do not get a PR today or tomorrow about the LOI. If we don't, I think we'll see a sell off especially with tomorrow being Friday as well. This company seems to wait to the last minute for everything. They said completion by April 25. Tomorrow is that date and we haven't heard anything. I will assume many holding the bags are awaiting that PR by Friday which is the main reason this is keeping afloat. If we don't get it, I see some heavy red. This is already down 8% today and down 25% from the last PR THREE days ago! We need substance here that is all I will say.
I play the swings and PPS fluctuations. In other words, go in and out numerous times. I also hold a LT position from along time ago before this took off.
Nice little bounce from the LOD to .0795 Need to play the swings here!
Loading down here, bounce time!
Solid PR released this morning! We should see some nice positive movement!
Everyone should've expected the drop today. We fell slightly below the 50MA yesterday. That was a main indicator for a decline. Once that was broken and especially after the base of mark .005 didn't hold, this was shouting decline all over the charts. On another note, the RSI is still sitting right above 40 (which isn't bad) but this will most likely see more pullback, we had a decent sized red candle form at the EOD and the closing of .0042 showed continued weakness. This needs substantial buying pressure and bid support to help hold this up.
This is not to sound pessimistic, but the honest truth. That's what my followers like and that is what I give.
"Shout-outs" to all of my good buddies on this board! I'm still here :)
If anyone actually thinks this is dilution they need to go back to school! Some of these posts are blatant lies or their perception of dilution is misconstrued. This is not dilution. If your that confused please have a look at the MM trade distribution. Most of the large trades are the same hands moving their own shares to entice selling. This will be headed back up. I've been loading 1's and 11's. We will mostly likely get a PR tomorrow or Friday based on the PR date history. We'll see a nice spike up from that.
Thanks for the kind words about me at the end of your post! :) I had a decent order filled today at .0045 so we'll see how the next two days play out! The LOI deal is supposed to be finalized and completely done by Friday so I'm assuming we will get a PR about it too. There was tremendous bid whacking today so I'm not to keen on saying this will sky rocket as high as many expect...
Hope everyone has taken my analysis and posts to heart because this has been pretty damn predicable to me which is what I've been sharing with you all in my analysis and posts. Your welcome to the ones who have PM'd me about taking advantage of them, I'm glad they help! Sorry I can't PM you all back, so this is a public post to all of you, LOL! Let's continue to make this money!
Great add! I'm sitting nicely with the close of .083!
Adding here .08-.0801 Thanks for the additional shares!
VFIN is trying to push this down, we do have solid buying pressure keeping it up, should see some positive movement once the MM moves back up to a higher PPS. Re-entered here .0805
This is how they always do it right before a pop up! Loaded some 11's and have another order at mark .001! We'll all be green tomorrow, no worries here.
Bought some 11's, we should be getting a PR tomorrow based on past PR date history.
What do you know, there's the low 4's! :)
Exactly. I've been watching this ever since I received the Promo email and text. Since then it's been dropping dramatically. I did manage to play a decent swing off of it one day but that was it! I know better than to be caught holding the bag!
No, I mentioned there would probably be a negative spread this morning which there is and we'd see red. Closed at .0052 and we opened at .0047 and there is also a negative spread .0048-.0052 both predictions were right :) Take advantage of them and you'll make some extra money!
So far its looking like a negative spread like I mentioned in my last post. We'll see how this opens, but I'm expecting some red though.
To be honest whomever placed that last minute order on that kind of spread wasn't a good buy especially with that kind of pressure at the two levels above it (close to 5M). That pressure will most likely continue tomorrow; if it does be prepared for .005 to turn into resistance. I am almost positive that this will have a negative spread at the bell, something in the .0047-.0052 range. We will also most likely see continued downward manipulation when that occurs. I warned everyone to not get caught in the hype in my analysis. Hopefully no one bought at the top, this will continue to see 4's tomorrow if a PR is not given. I'm not trying to sound pessimistic but yesterday and today showed weakness, nothing more than a small run from a PR which couldn't hold its gains.
I was about to and an order went in before I could! Looks like that was good enough!
I took out my support at .005 when I started seeing downward manipulation again before it dropped. I have an order at .0045 now.
3M at the Ask mark .0053 and 2.8M right above that at mark .0054
I have a large bid on .083, helping support here :) Should see a nice close!
1.4M at .0054 for the ones who don't have L2.
To be honest, it doesn't really matter at this point. If they start increasing it, that will be an alarm to rethink your position. Sorry for the late reply, I don't think I got notified about your reply to my other post.