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Agreed, & likely you're right about potential bottom here in short term.
I dabbled in some $ONCI @ .0012 earlier after watching the trading range & bid/ask action (Level 2, etc.).
Could be a great trade-flip here toward .002+, maybe much more.
This is a good one for trading with some low-risk 'mad money'.
Subpenny stocks can be a great way to diversify trading exposure & help overall results (if done with right strategy & if used with good risk/reward concepts)
I've been bearish on $JNUG & $GOLD in terms of trend prior to today's December FOMC meeting, as described below in my post in November.
FOMC result of a 1/4 point raise was expected by me and majority of the market, but the strong & aggressive language (& pro-rate hike data) is what many didn't count on today, which accelerated a negative reaction today.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126779796
{November 23}
$USD too strong in short term and has made sense to wait on JNUG until after FOMC meeting priced in (with the exception of some quick day trade flips occasionally, but has not been one to hold long in terms of a trend reversal)
That said, an opportunity developing between now and January in my opinion (as stated in earlier post in November)
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126779796
11/23/16
"Likely a bottom will form again by about January (or sooner), but it's too dangerous to try to determine or presume a bottom (as this could sink quite a bit yet from now thru January, etc.), & it wouldn't surprise me at all to see JNUG hit 4 or even 2 in coming weeks
But again--- It's great for intra-day trading or quick flipping, rather than excessive holding periods."
So good for you... how its turning out so far ;)
But Yeah, I didn't bank on the FOMC to use such strong rhetoric today. The 1/4 pt increase was as expected, but the market data & language by FOMC is being viewed negatively by stock market--- helping $RUSS.
It's always an uncertain 'gamble' before the FOMC meetings (& 'Minutes' meetings) as to what may happen.
It's my big time F'Up not holding or for not re-entering quickly on this one.
We'll see how market reacts yet after today, however.
In terms of FOMC today with $GOLD however, it's getting hammered along with $JNUG. So at least that's good for those of us that have been watching it for a while, and not touching it before FOMC meeting... And glad I waited!
Shaping up to be a nice opportunity fairly soon.
The Data today in combination with the FOMC strong language for Rate hike expectation possibilities in 2017 really hitting Gold for the same reasons as the stock market's reaction right now (to sell stocks today in afternoon, for the time being)
$ONCI ~~ I got some today @ .0012. I'd target initially a limit order of .0012. (but go up to .0013 if it doesn't fill soon enough)
...Looking like a quick-flip very possible soon toward .002+.
I've been trading subpenny stocks more often in last couple months (with some decent net profitable success) using sideline cash (or low risk $$$ Mad Money amounts)... And suspect i'll continue to to do that on the side with other trades.
Many years ago I was a huge subpenny all the time trader (and did well, but decreased my trading of them since 2012). Kind of feels like deja'vu in recent weeks.
Ok, so you understand where I'm coming from in that post.
And also note that the EIA Crude Oil report is due out this AM, and that's another catalyst that could make this RUSS go either way --- in addition to the FOMC rate decision today 12/14 in afternoon.
(Earlier I said FOMC is tomorrow, but I meant today).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127234691
I've decided to be cautious on this yet (after going back on sidelines) until after tomorrow's FOMC rate decision.
Guessing about FOMC or being exposed beforehand is always a gamble. My thinking however, is that market (with RSX) may go upward more afterwards.
We'll see yet.
But it is risky assuming RUSS has bottomed beforehand, although I see its finally up somewhat in early morning.
At this point it looks like RSX want to get to at least 22+ & an RSI potentially over 90+. Today RSI around 83-84.
And then we have the FOMC meeting result Wednesday, so things could get a lot crazier (in any direction).
I think a 1/4 pt raise is on order as market expects, which likely would bode well for stocks within expectations and possibly push them up even more, so long as Fed statements are also in line with what market wants to hear.
That's one of the 'political' factors I was actually referring to earlier which might negatively affect RUSS yet potentially in the short term. There is an added positive hysteria for Russia due to Trump related speculations.
I think the speculations are mostly just speculations and being over hyped into the RSX, but it is affecting RSX even more so, along with Crude Oil.
I was hoping Trump would not nominate Exxon CEO Tillerson, which market perceives as a positive Russian bias (not good for RUSS).
Unfortunately Trump did nominate him so we'll see what happens yet.
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RUSS is getting pummeled by numerous factors above usual, including a lot of recent news item surprises.
Not only is RSX part of the overall stock market melt up at year end, but it got helped by surprise by news over weekend about more agreements on Oil cuts by non-OPEC countries, and now today this nomination by Trump of a Sec of State with a perceived pro-Russian bias.
Practically everything that can go wrong with RUSS over past few days is suddenly occurring (just my luck!!)... But it is creating an eventual huge buy opportunity at some point, whether it be now or by end of December.
I have avg here of 6.60 & have a stop-loss set @ approx 6.14 (G-T-C), which I already e-mailed subscribers about earlier.
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Pre-Market today:
I'm setting a Stop-Loss @ 6.14 (G-T-C) on RUSS until further notice based on latest trading activity.
I personally already added to it Monday (12/12) @ 6.31, so I have an effective average of 6.60 approx.
If anyone following wants to add today for 2nd time along with me, then only do it as a personal option & I suggest that anyone only do at a Limit of 6.40 on the 2nd time.
Monday Dec 12 afternoon RUSS was showing good capitulation signs short term, but I wake up today and see factors setting up as opposite with a market melt up seeming determined to continue uet.
So I'm going to be considering a stop-loss move possibly today while in 6's.
I'll alert whenever I make an official move and potentially go to sidelines.
Just don't want this to become a large double % loss.
....If I turn out wrong on this trade from these recent approx levels, then it would only be due to an unusual set circumstances running me over (caused by end of year continued melt up yet &/or from unusually favorable Russian political developments)... and anything is possible.
All trades are a risk.
You can see WTI Crude Oil receding from earlier highs as an added reason to think this is RUSS is close to short term capitulation. I think (as said earlier) that Oil is near topping out & that the weekend news of non OPEC members agreeing to some cuts is being over hyped.
I'm gonna stick to what I basically said since Friday, that RUSS should be done going down most likely no later than this Mon-Tues for short term & that 21 or approx lower 21 area on RSX is likely a top area.
Your 22-24 fear occurring I think is a consideration to worry about at some point, but is more applicable to the next leg up phase after this thing first has a pull back (such as at least toward 20 or 19).
RSX has been crazily upward parabolic too quickly in past few days.
We'll see what happens yet. But I just think this RUSS is due up here from 6's approx for a decent trade back toward upper 7's, maybe 8-9.
It could turn out that your original speculation to wait for 6.40, etc, may be approx correct for entry.
That said, I think RSX might not have been up today or not up as much as it has been today (with RUSS bottoming last Friday near 6.80's), had it not been for that surprise news Sunday from the non-OPEC members agreeing to some Oil output cuts.
What you said is an added possibility, but I wouldn't bet on this with that hope in mind.
And yes, I'm also thinking Oil is near a top, which is why I started entry on this recently.
The added OPEC related news was a surprise yesterday, & I don't think it's sustainable in terms of Crude Oil going up too much more.
I may have mentioned here recently I was looking for 52-53 or 54, perhaps for Oil area toppiness to occur (but didn't expect news over weekend to affect it).
Today makes 9 straight days down on RUSS... Crazy.
Appears you got your with for lower into approx 6.40's.
That said, I think this is ripe for a turn around soon.
Crude Oil going up today added over news for OPEC & non-OPEC countries agreeing to output cuts Sunday is what surprisingly affected this more to downside.
(being that RSX is heavily weighted with some energy stocks)
It's all about the 21 area on RSX right now, which is current resistance.
It was treading a fine line & tight trading area all day today.
Today marks 8 straight days in a row in red for RUSS. It's due for a bounce soon. Possibly Monday or by Tuesday next week (Dec 12-13) we may get it.
RSX is really quite overbought, and sure it's possible a little upside yet could occur.
But it seems reasonable that it'll pull back toward 20 or even 19 fairly soon.
I realize there is risk yet of a melt-up in the overall market, but I'm starting to question this intense run up in such a quite short period of time as appearing excessively euphoric.
Thanks for your input & kind wishes
:)
Some more perspective on this trade:
After hrs early on so far it was showing 6.90-7.00 ask all evening.
That said, it could bounce anytime.
Just looking for a quick flip here, not a trend reversal. I'll take first approx bounce area it gives me, which should be at least 10%+.
This is so oversold that at a move back up to 7.85-8 it would be a nice double digit return(12-15%) from 6.90-7.10 and that would be only looking for a rebound to an avg mean of 9 day avg approx.
My trade is not looking for crazy huge moves up or greedy hope for trend reversal.
It is also reasonable that it could get to 8.50-9 within 2-3 days on a short term volatile move, and that would be a 20-30% profit from today... which exemplifies how oversold RUSS is.
If RUSS goes to 8-9 or even 10, the RSX uptrend overall is still intact.
I'm just playing a modest return to a short term avg means (such as 5, 9, or 20 day avg areas)
Also realize one can scale-in 2 times, not go all in today, etc. I'm not planning a major scale-in, but just saying one could do it at 7.00 and maybe 6.50-6.75 if it happens to get some pressure down yet, then set a stop-loss a little below that.
And in terms of selling, it may be wise to scale out similarly by selling half on first eventual gap up, and then wait to see what happens in next 1-2 following days with last half, just in case it pulls back after only one day up move, or in case it does get 2-3 days run up. It's a matter of playing this knowing one does not know how high it will pop when it does, but still averaging out with a good % profit (quickly) and not staying in it with an excessive long hold period.
FYI ~~ My Alerted UGAZ & LABD trades (for quick flips successfully for double digit % profits) back in November & August were applying approx same tactic & similar metrics for buy signal as RUSS is today for me.
Alerted entry start on $RUSS earlier today @ 6.88-7.00 area.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127118499
We'll see what happens.
Possible a little downside risk yet, but I think it's close.
Just looking for a quick trade flip --- not a longer term swing trade trend reversal.
I realize the energy such as $Crude Oil can affect this trade. I think Oil is toppy near 52-53 area most likely.
(And certainly better risk than DGAZ right now, which I've been patiently watching. I played UGAZ for a quick flip of 16-20% back in November right at its lows of 20.50-21 to 24. I'm aware I sold early or that I should've re-entered 21-22, but I am always happy to make consistent profits whenever I can with few regrets)
You're Welcome --- I appreciate your cander, but save half of your thanks for when/if we make $$$ on this trade.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127118499
That said, i'm glad you got my e-mail Alert on time.
It's evidence people can follow me on a timely-reactive basis if they set themselves up right (such as widgets on smart phone for e-mails & Apps for broker access, etc.)
And don't beat yourself down about APHB. It's part of trading (losses happen sometimes).
You did good to sell half on yesterday's spike to .50s-.61 area. It turned out to be wise to scale-out and take some risk off of the table.
You make the point that no one really knows when best spot to sell is, so you did right thing, especially given the risk of APHB in recent weeks.
So take your licks (with me) & move on from here.
The P-SAR which I mentioned yesterday that flipped bullish on 12/7 already reversed to bearish today on 12/8 (WTF!!!!)--- FYI.
If you look back at chart history over a couple years, that one day 'dot' flip and back to bearish on the P-SAR is very unusual and practically never happened before on APHB.
That's an additional bearish sign and strange anomaly & peculiarity to add to what I was discussing here earlier.
I am not over emphasizing the P-SAR indicator as a must happen qualifier, but pointing it out in relevance to all the bad signs here.
Maybe-Maybe it'll pop after we're out of it (nobody knows 100%), but the signs of more bearishness risk are certainly strong, & we're justified to move onward from this.
5 Months {as of 12/8/16}
https://s-media-cache-ak0.pinimg.com/originals/d2/7e/81/d27e81b4b63f122054dfefe6f3f163a4.png
1.6 Years {as of 12/8/16}
https://s-media-cache-ak0.pinimg.com/originals/3c/6e/a0/3c6ea05d6fea6b842f3eed5eb6685b37.png
Alerted $RUSS today in late afternoon to my private e-mail subscribers from 6.88-7.00 area with suggested Limit entry @ 7.10
(subscribers always get my Alerts & info on trades first).
(Also plenty of ability to enter this after hrs with lots of liquidity on the Ask @ 7-6.60's.)
Just looking for a short term quick flip -- not a trend reversal type of swing trade longer term.
$RUSS may still see mid-6's yet in interim short term(or ??), but it's close to done going down soon in my view.
RUSS been down 7 straight days --- very usual in contrast to the past, and is one statistic to be aware from a contrarian trading perspective.
We'll see if RSX 21 area resistance holds.
I see eventual short term flip ability towards 7.85-9's (for 12-30% upside).
I'm using similar criteria & technical metrics with strategy on RUSS as previously applied on UGAZ in November & LABD in August (all for double digit % quick trade flips)
[img]
stockcharts.com/c-sc/sc?s=RSX&p=D&yr=0&mn=7&dy=0&i=t76934411557&r=1481242893813[/img]
Alerted $RUSS today in late afternoon to my private e-mail subscribers from 6.88-7.00 area with suggested Limit entry @ 7.10
(subscribers always get my Alerts & info on trades first).
(Also plenty of ability to enter this after hrs with lots of liquidity on the Ask @ 7-6.60's.)
Just looking for a short term quick flip -- not a trend reversal type of swing trade longer term.
$RUSS may still see mid-6's yet in interim short term(or ??), but it's close to done going down soon in my view.
RUSS been down 7 straight days --- very usual in contrast to the past, and is one statistic to be aware from a contrarian trading perspective.
We'll see if RSX 21 area resistance holds.
I see eventual short term flip ability towards 7.85-9's (for 12-30% upside).
I'm using similar criteria & technical metrics with strategy on RUSS as previously applied on UGAZ in November & LABD in August (all for double digit % quick trade flips)
[img]
stockcharts.com/c-sc/sc?s=RSX&p=D&yr=0&mn=7&dy=0&i=t76934411557&r=1481242893813[/img]
APHB should have bounced Nov 21 from .63 when first initiated it as a trade.
My usual metrics-criteria that have worked reliably in the past indicated it as a buy signal then, and you may see in chart that day it spiked to .72 approx, then crashed. It has done that 3x now as of today, where it has had attempts to short rally, but are very short lived. In contrast to past chart history, APHB has had better bounces and frequencies of movements for more reliable trading short term trading off of new lows every 1-2 months (while noting longer term downtrend).
Even the news Monday (12/5) had no affect, which adds to the bad signs here yet on this stock. In past it has spiked big on that type of data catalyst.
Just an unusual peculiarity with this stock. It's also a reason to let it go. We Gave it plenty of chance, more than we should have actually.
Next yr I won't fall victim to this type. I'll apply a stop-loss on certain risks and won't trade this type after mid-November to avoid tax loss selling affect.
I also wanted APHB to bounce. And I really needed another good notch on my record, too.
But hang in there, I'm certain we'll be fine from hereon.
FYI ~~ I alerted a new trade wiht a 3x fund (on private e-mail) in late afternoon today with 30-40 min before market close.
I'm out of $APHB.
For those who may have bought in recent days in .40's, there was a chance to profit on yesterday's move to .61.
However, I took an overall -16.9% loss on this crapper. I'm admitting total failure here.
I'm out because it broke all support levels along with the old low of .44. I gave this more than an adequate chance to perform.
Also I think this has huge potential to trade downward-sideways yet thru December (such as reasons of end-of-year tax loss selling; which is an issue I've worried about on here the last couple weeks).
I would not keep holding this (for those following my trades) as it has risk of much more downside.
If anyone does dare keep holding this, hoping for better, then at least set a stop-loss threshold based on .42 needing to hold. If .42 gives away, then below .40 likely imminent. Just don't be hard headed by holding this if it continues to deteriorate.
I made the mistake of not originally having a stop-loss on this @ .55-.58 back in Nov 21 when I first started buying this @ .63.
Also, in the future I will not trade stocks of this type after mid-November due to excessive tax loss selling risk that I've seen haunt stocks like this consistently over the years.
From me there will be more trades soon, so give my overall trading process time to work, and use this one as an experience to learn from & hence move onward from this.
To put it in perspective--- This is only the 2nd loss via Alerts here since May 2016 (using revised strategy), so don't let this one trade cause a bad attitude.
{Scroll Down for Trading History}
I'll be out with new trade(s) soon.
Going forward, I will make this loss insignificant with upcoming trades (and I'm up % net overall for the year anyhow already).
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Trading Results Below (after applying a revised strategy since May 2016):
***APHB = exited on 12/8 @ .44 from avg cost of .53 for a -17% loss.
***UGAZ exited on 11/14/16 for a 16-20% profit range after recommendation on 11/10 from the 20.25-21.25 area.
***INAP exited on 10/11/16 for a 2-5% profit range after recommendation on 10/3 from the 1.65 area.
***MOBL exited on 9/28/16 for a 3-8% profit range after recommendation on 9/21 from the 2.56-2.62 area.
***PVCT sold 9/27/17 as a defensive maneuver for a loss range of approx -2-8% in lower .10's after recommendation on 9/24 from upper .10's area.
***PLUG exited on 9/20/16 & 9/23/16 (in half increments @ 1.60-1.70 area) for an avg profit range of 18-21% after recommendation on 9/14 from the 1.30-1.40's.
***LABD exited morning of 8/11/16 @ the 23-24 area for an official gain of 15-18% after recommendation on 8/4 from the 20-21 area.
***ORPN exited 7/29/16 @ 1.70-1.80 (as a defensive maneuver) for a profit range of 4-10% after recommendation on June 28 from the 1.50-1.60's area.
***INFI exited officially on 5/26/16 @ 4.90-5.10 area for a net profit average of 12% after recommendation on 5/20 from the 4.50-4.60 area.
I'm out.
Took an overall -16.9% loss on this crapper. I'm admitting total failure here.
I'm out because it broke all support levels along with the old low of .44.
Also I think this has huge potential to trade downward-sideways yet thru December (such as reasons of end-of-year tax loss selling; which is an issue I've worried about on here the last couple weeks).
I would not keep holding this (for those following my trades) as it has risk of much more downside.
If anyone does dare keep holding this, hoping for better, then at least set a stop-loss threshold based on .42 needing to hold. If .42 gives away, then below .40 likely imminent. Just don't be hard headed by holding this if it continues to deteriorate.
I made the mistake of not originally having a stop-loss on this @ .55-.58 back in Nov 21 when I first started buying this @ .63.
Also, in the future I will not trade stocks of this type after mid-November due to excessive tax loss selling risk that I've seen haunt stocks like this consistently over the years.
From me there will be more trades soon, so give my overall trading process time to work, and use this one as an experience to learn from & hence move onward from this.
To put it in perspective--- This is only the 2nd loss via Alerts here since May 2016 (using revised strategy), so don't let this one trade cause a bad attitude.
{Scroll Down for Trading History}
I'll be out with new trade(s) soon.
Going forward, I will make this loss insignificant with upcoming trades (and I'm up % net overall for the year anyhow already).
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Trading Results Below (after applying a revised strategy since May 2016):
***APHB = exited on 12/8 @ .44 from avg cost of .53 for a -17% loss.
***UGAZ exited on 11/14/16 for a 16-20% profit range after recommendation on 11/10 from the 20.25-21.25 area.
***INAP exited on 10/11/16 for a 2-5% profit range after recommendation on 10/3 from the 1.65 area.
***MOBL exited on 9/28/16 for a 3-8% profit range after recommendation on 9/21 from the 2.56-2.62 area.
***PVCT sold 9/27/17 as a defensive maneuver for a loss range of approx -2-8% in lower .10's after recommendation on 9/24 from upper .10's area.
***PLUG exited on 9/20/16 & 9/23/16 (in half increments @ 1.60-1.70 area) for an avg profit range of 18-21% after recommendation on 9/14 from the 1.30-1.40's.
***LABD exited morning of 8/11/16 @ the 23-24 area for an official gain of 15-18% after recommendation on 8/4 from the 20-21 area.
***ORPN exited 7/29/16 @ 1.70-1.80 (as a defensive maneuver) for a profit range of 4-10% after recommendation on June 28 from the 1.50-1.60's area.
***INFI exited officially on 5/26/16 @ 4.90-5.10 area for a net profit average of 12% after recommendation on 5/20 from the 4.50-4.60 area.
You're Welcome!!
Let's hope APHB plays out higher yet for us.
P-SAR flip today is encouraging, along with ADX +/- lines starting to reverse toward convergence (as noted in earlier post here), among other technicals.
Also nice to see 'ClayTrader' posted a video on it; hence drawing attention of him & any masses he alerts.
As for my next potential trades being watched in addition to APHB still in process, I mentioned 2 of them (3x Funds) this evening in my Update Alert e-mail for $APHB (for private e-mail subscribers)
Chart below as of December 7, 2016:
https://s-media-cache-ak0.pinimg.com/originals/91/77/ae/9177ae2fbfb91560109763f0f5cda288.png
Live Chart below:
It has a lot of problems holding gains... Just simply a bad luck stock so far in recent weeks, as I've observed quite worse in contrast to past typical trading pattern history periods.
Less than an hour left in trading day as I post this, & it has substantially pulled back from .61 high.
***However--- Daily chart still looks decent with potential for more upside, so long as it stays 'green' & holds .50+.
Also noteworthy is that the PSAR indicator flipped today positively, which potentially represents change in trend, & also the ADX lines D+/D- starting to show early reversal (bullish formation).
We'll see what happens after today.
I hope it's not just a one day fluke type of short cover move.
{FYI--- I've got a couple alternative good trade ideas I'm watching, primarily a couple 3x funds that possibly I'm looking to 'quick flip' soon, which despite their own usual risk, they at least won't be affected adversely by the end-of-year tax selling that seems to be hitting a lot of these down for the year stocks}
*****************$APHB ~~~ Reversal appears to be in play...
I've been emphasizing to you to enter since .40's last week!!
My avg (with followers) is .50-.55 area on it. In the green now so far for everyone.
Looking for upside near .70-1.00 (as previously speculated)
We'll see what happens yet.
{So far it's another profitable one I've provided you}
Yeah!! What did you do? Did you 'get out & give it a push'?? LoL.
I've been hoping for a technical reversal, etc, this week. I was starting to become doubtful as of Tuesday.
It appears 'short covering' is occurring. This has been heavily shorted, so it may force a run for more than a couple days --- let's hope so.
I'm in the green so far (with my followers at avg range of .50-.55 ownership).
It could get to .70+ as originally speculated for short term upside.
I'm not trying to predict a trend reversal (as you may notice in my posts here recently).
Just talking about how it is getting to a point one can play some quick 1 or even 2-3 day moves off of oversold levels. That can be done much more easily than predicting a trend reversal. THAT"S WHAT I DO ON STOCKS USUALLY (I don't look for trend reversals, just quick short term trades).
I'm not going to go round and round with you, ok?
I said all I had to say on it here now some more and in past 2 posts.
And note that I never said that there was no chance it wouldn't be up huge or whatever. I simply said odds of it returning to 4+ for you get your money back to even are very-very remote--- and that's totally realistic.
It might someday, but the odds are so extremely unlikely it ever gets to 4+. If it ever sees 4+, it will simply be pure lotto style gambler type luck as the odds are stacked against it.
You're lucky if it ever even sees 1-2. It will continue to dilute shares for years to come (and again in 2017) while it has only early stage programs in development that are many years away from any possibility of being approved & marketed, which along the way will take tons of money to fund, which will come at expense of the common shareholders with more dilution, even if they eventually get a big money partner involved).
You can keep rationalizing the chances of it being a blockbuster company someday all you want, but all you are doing is the same mistake that got you into the problem in the first place, which was buying huge amount of excessive $$$$ risk based on the hype then (initially back when you bought) & also you made the mistake of continually holding as it fell, hoping for a blockbuster' etc.
Hope & lottery ticket odds are never a good strategy to Invest or trade with.
Also never base majority of your strategy on what Investor Relations tells you or what a CEO may tell you. My experience is most of the time that info is unreliable and biased.
Speculative stocks are only for short term trading, not high $$$ investing long term.
Do yourself a favor and learn from your mistakes, so you don't do it again, rather than rationalizing to yourself with excessive unrealistic hope.
My straight blunt talk is for your own good. All is well intended for you.
Do what ever you want.
Best of luck,
3-D-T
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Longer term chart generally tells the story of what is most likely to come for trend long term .
...and that is very common for speculative biotechs like this that don't make any money and that are in development stage.
Nothing is ever 100% certain, but most likely the trend longer term is downward with a stock like this.
You got to be realistic and with the expectations relatively low.
Its a very small chance this ever sees 2+.
Its possible, depending on news and short squeeze, but still unlikely from today's .40's.
1+ is more likely in next 6 mos possible, but odds still not good.
Its just gambling to hope or plan on 2+.
Just wait and see what pops may come in next few weeks or months and just based on stocks own merits of being potentially over bought in short term with any hype and pessimism being presumably priced in.
Eventually scale out of it when ever there are big pops. It's too illiquid to be sold all at once based on your holdings, but on days of good news or high volume pops upward in months to come (that eventually will happen every few weeks), you should use the opportunity to sell. Depending on the volume and the size of the pop upward, you could sell that out 1/4-1/2 at blocks a time.
What you need to understand is that it most likely will never see 4+ again & that you've almost certainly lost money. It's a matter of managing it going forward into less of a loss, etc, accepting that fact and dealing with it accordingly.
So if it ever gets to 1-2, for example, which is possible, but still less likely (such as returning to 2+), you should use the potential opportunities to sell.
As a lesson learned, this is not an investment long term type of stock and also never invest so much risk at once.
I must say, I've rarely heard of a situation as intense as yours in terms of over risking on a stock like this.
Don't wait to sell or keep holding purely based on your original cost. Sell it in months to come when ever the stock pops upward & seems 'overbought' on its own merits (& not based on your cost).
Also don't keep holding it over any hype or speculation, & don't keep holding it to hope that it will return long term toward 4+, as that is a very very small chance, to speak objectively. Your loss can still become worse yet, so realize that (and look at long term chart past 3+ years, etc, to serve as an example of my point).
***Just have a mind set that you will sell it on good news ops and high volume in months to come when ever opportunity may present itself.
I would also say in a normal situation to add to it as an avg down at lows, too, but in your case you already have way too much risk invested and too many shares.
Just deal with the reality, and eventually scale-out of it when ever it pops huge. Hopefully you will be out of it before June 2017.
Hope this helps for your personal reflection on direction with your shares.
It's not great news, but you are in a tough situation.
$MYDX looks interesting as a potential developing oversold reversal play on the OTC.
You should keep a good eye on it.
https://finance.yahoo.com/quote/mydx?ltr=1
Also watching RUSS & DGAZ for 3x funds to quick flip eventually.
RUSS may at buy sooner (at upper 7's today).
********************$APHB~~ Nice close!!
~~Stop 'Watching it', and get in it while in .40's~~
Today it's showing confirmation I had been looking for last Friday to hold support for 3+ days with stabilizing & improving intra-day trend-line.
Next looking for a break above .49 as next resistance level.
Daily Chart Candlesticks also showing good signs of capitulation over last 3 days.
Good data News today didn't force it to sky rocket upward in one day, however it may be reversing trend in the short term on its own technical merits (regardless of news).
I'm sticking to speculative upside of .70+, with perhaps 1.00+ possible.
{3 Day Intra-Day Chart}
December 1-5
http://tos.mx/HKTYm3?image
$APHB ~~ Nice close. Today it's showing confirmation I had been looking for last Friday to hold support for 3+ days with stabilizing & improving intra-day trend-line.
Next looking for a break above .49 as next resistance level.
Daily Chart Candlesticks also showing good signs of capitulation over last 3 days.
Good data News today didn't force it to sky rocket upward in one day, however it may be reversing trend in the short term on its own technical merits (regardless of news).
{3 Day Intra-Day Chart}
December 1-5
http://tos.mx/HKTYm3?image
News data didn't appear to have much affect on it so far.
(APHB)
I told you last week--- I'm not interested in PHOT (same goes for FDBL).
I'd prefer you not to promo here daily (as you're really just wasting your time here with that)... Thanks!!
Best of luck to you.
Still watching this. So far in upper 7's.
A nice opportunity developing for a quick technical reversal or short term 'trade flip' (& not necessarily a full trend reversal in the RSX, but a short term trade possible developing)
*************$APHB ~~ News out!!
Low .50 area avg ownership for followers of me that averaged down ever since Nov 21 starting out (via e-mail alerts & some posts here).
Let's hope it plays out after news data today...
http://ih.advfn.com/p.php?pid=nmona&article=73062853&symbol=APHB
AmpliPhi Biosciences Reports Favorable Final Results From Phase 1 Trial of AB-SA01
12/5/16
*************$APHB ~~ News out!!!!!!!!!!!!!!!!!!!!!!
Let's hope it plays out higher after news data today...
I hope you got some (instead of just 'watching').
I posted to you about it a couple times, and emphasized it to you again in .40's on Friday, Dec 2.
http://ih.advfn.com/p.php?pid=nmona&article=73062853&symbol=APHB
AmpliPhi Biosciences Reports Favorable Final Results From Phase 1 Trial of AB-SA01
12/5/16