Always busy trading
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.
Taken from "Stockalerts.com" : When a stock has been declining and the last holdouts give up, their selling will cause the stock to decline even more as the volume surges. Traders will notice the stock's behavior and buy the "bargain." Volume will increase even more as the price reverses direction. In this scenario, the stock has just had a selling climax and a price reversal. More traders will then notice that there has been a "selling climax" and begin to accumulate. Others add the stock to their "watch list" so they can buy as soon as the new trend takes on more definition. Most of the time, the surges highlighted on an alert list will not be particularly attractive to a trader because the stock's pattern will be compromised by nearby overhead resistance. However, the alerts sometimes present an opportunity to get in at the beginning of a nice move.
I got the e-mail, looks real good thank you Flex.
Hey dannyo remember me ? i m here now, just for you.
My posts get deleted so i m off to a better board where real discussions with professional Traders take place.
I say for sure. This is exactly how a pump and dump works. You promo the stock with aggressive news to make it move up to levels unheard of, and when you stop the promo (news) it falls back at levels lower than it started with.
you can not compare UCHC with KMAG and ICPA guys, both these stocks just went trough a P&D and UCHC is not being pumped that way at this moment. UCHC will go on a run by itself with its own merits, not by pump and dump like the stocks you referring too. When you pump a stock with a promo, nothing makes sense anymore, no charts no news ... nothing. Its all about the hype the promoter put out that drives the PPS.
The thing is, never was it said that this was a bad stock to Trade. It was only stated that the chart show a possible draw back to a lower level at this point and of course this will be adjusted as more trading days come in play. It has all the cards in place to see an excellent run up. Not from what the CEO said, but from what the technicals (charts and other indicators) show.
I say those numbers look good.
Also institution hold 11.5% of UCHC. That is an important factor in having the PPS going back up. Institutions do not like loosing money and its in their best advantage to see a rise in value.
You speak wisely and the charts are a great tool. I myself rarely know what the company is all about and do not pay attention to all the blabla being pumped out there to try and influence you by the emotions. Going by the charts has yet to do me wrong. The only thing about UCHC is that i find there is not complete indication the trend will go up or down. Some indicators still show up while others show down, making it an indecisive point. Tomorrow will help find out which way it will define its trend.
I look at your board frequently and i will join in too. I see that you like chats and technicals
You say 50% sucks ???? find me any investment portfolio that has that MUCH PROFITABILITY anywhere anytime... And think that we talking about being able to do this kind of money DAILY !!!!
The mistake not to make is thinking "investing" in pennies. You don't invest you TRADE pennies. The move you will make is equal to whatever the stock your working with has to give you. It can reverse on you so quickly that you will never have time to react.
If you have sufficient amount of shares, and you should, then when you get your profit, take some out and ride the free shares for a longer run. that way all get to win . you took profit and left some for others, and still have some shares in for the eventuality in keeps on rising to higher levels. In pennies you don't care about all the BIG bla bla from CEO s or if they have good financials or if they have a product or whatever that takes you by emotions. Reality is: penny stocks are in the business of selling SHARES, point final, so get used to that and start making money on what the charts tell you.....
You make sense. Emotions and Greed are killers for any Traders.Long on any Pennies is suicide. You can look into Flextrade and follow his board, their ways call for taking 50% profit. Now i don't know of too many people that can complain about this kind of profit, it works... Beside you can not go broke by taking profit. If you let your emotions and greed get the best of you, you will loose faster than you can blink. Make a trading plan then trade the plan.
Hey Flex, i subscribed to your e-mail list. when do you usually send out your alerts ? Keep the good work going, your plays are simply down right good...
You are able to find out exactly when,how many shares, and the number of days to cover since it is all recorded, but i do lack the know how on this part. I am interested to find out if a someone on Ihub can help
Its not easy to gauge the perfect exit point, but good DD will greatly help you find what is proper for you.
The way i see it, the pivot point is up to what they desire to make it from what profit they decide to take, so basically not easy to tell.But maybe there is a way to make an average ?? if you know, please share.
I only hold 2 million shares,it will still create a nice income !!
Now that is DECENT profit... LOL ...
Well in a way right company to short... if you consider they have made tons of monies doing just that (the shorters). fortunately, it always turn around at one point, starts going back up, sometimes higher that previous all time high, and then the cycle repeats... amazing game it is. Shorting is actually healthy for the market. It maintains a balanced liquidity and we all know that without liquid, it ain't looking good !
When it happens you cant forget to NOT be greedy. Sell a portion of what you hold for a decent profit and ride the free shares further. This way you make money, leaves some profit for others, and keep the ride going in case in keeps climbing much higher.
Shorts have made their money with PPS going down by so much, but there is a time limit where they eventually need to cover their positions. If you combine this with good company news, it creates a buying frenzy and huge PPS increase. It just happened with BBDA and INAR. both have experienced short squeeze and tremendous PPS increase, giving out huge profits to the ones that got in on time.
UCHC has been heavily shorted in the last few weeks, and now the short volume has started to decrease, which usually is a sign that the short squeeze has started. If so, the shorters will start covering their positions and the PPS will dramatically increase. Volume is up, short interest in down, the ride should begin soon !!
http://otcshortreport.com/UCHC
INAR definitely carried a healthy consolidation. It will shoot right back up real soon and quick. The charts are looking good...
The way its worded it says they will not need to sell stock (dilution) in order to create revenue. They have other ways of creating revenue... so no more dilution.
And no matter dilution or not, you are absolutely right about timing your entry and exit points being important but beware of CEO news and e-mail and blabla... Good DD will provide you with "reality news" not "promo news" and that's where you find your real points of entry. Then exit when you satisfy the 50% rule and you will be ahead. GLTY
I have not seen the quote, but "equity financing come to an end" means to me the opposite from dilution. Any input from others to clarify will help. Do you have the link ?
excellent. when the new bottom forms and the reversal comes our way, we will be ready. it should come quickly, will keep an close check.
Have a good one T53.
Good day Flex, hope you had a fantastic holiday break.
What are your thoughts on INAR. Ready for a bounce back up ? I truly like your plays and respect your view on trading the Flex way, if you have a sec. let me know about how would you approach INAR. I am out at this point so i need to get back in as early as possible, at current price will be nice...
Hello again T53. INAR has done amazing today and your view on whats coming is also appreciated. Thank you.
Good day T53. Looks like your call on UCHC is starting to take place. Except for the "paint" at the end, it has progressed today and seems to be slowly getting squeezed. What is you view on this one at this moment ?
NOUV has already seen 32 days of P and D on these promo sites : CPS AG ABE SR SHO PSF BE LP AG ABE 007 MY SGO PSP PME , i'd be careful not to get caught on a dying phase and be stock for a long wait, full DD is needed here before making a move. IMO
Sure will. I was reading the board intro. i like the way you guys see things, right along with my views 1
Thank you. will see you this week on the trading floor
Just joined the Flex board and e-mail list. Can't wait to share profits with all of you Flextraders..
I like that. nice to see people with the right attitude. i'd be glad to participate to the Flex community. Happy trading and to the 50% take... love every bit of it.
Definitely in and definitely will enjoy the ride. I started making money the day GREED left me. Now i ride, take some in, leave some behind for the longer ride(free shares at this point), and move to the next trip. Lets all have fun, life is short.
Its an opinion, based on experience, charts, technical s,indicators and all that you want to look at to form an opinion.... And then again, with pennies you never know, sometimes they have a mind of their own. I still believe INAR will get a Hair cut before running for good, maybe 50% is a lot but you know as much as me how fast intraday trips can go. Ride the waves and enjoy the profits, just don't forget to cash in while your ahead... taking a profit never makes you broke !! GTLA
Too funny,... the seizure part...