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.
is it legit and can it move up ? anyone should put some in this ?
Good day Lowtrade,i am having a discussion with Trader53 about FOGC 0.0001 and he advised me to turn to you to answer my question.
So here it is, this stock is experiencing a large amount of shorting at this moment. we see good buying volume, most always no bid and a ask at 0.0001 all the while the price staying steady. all indicates a strong short squeeze real soon. My question is, why is the price staying at 0.0001 while all this buying going on,with no bid in place ? Are they naked shorting this thing ? and also, how quickly do shorters usually cover their position with pennies ?
Thank you in advance of your view on this. I follow Trader actively and have respect for his board, and i also follow yours as well since suggested by Trader and up to now i like what i see here...
Thank you Trader, i will give lowtrade a visit and follow his board as well. i will keep you posted of his answer.
Good day Trader. FOGC. usually how long before shorters start covering their position on pennies ? and since the stock is already .0001 what are they shorting !? when you look at the ask and bid ask is already 0.0001 and no bid... i put a bid on for a few Mil. and trying to adjust my view on this
Thank you
Timing is crucial in trading, and even more in pennies. it makes the difference. Many agree to say you should have a way to check on you penny stock at least once an hour and more often when it gets really active...
for sure, it might very well run up again, with time...
With good calculations and timing you also can try to buy at a day low, average out, then sell back quickly on a up swing ( within the same day if possible) . you may actually come out with some profit.
excellent. Again many thanks.
Good day Trader.
As you mentioned on a previous post, VPER did get to 0.0016 so it might be time soon to take a peak at it again...
Also, i'd like your advise on the best way to get your orders filled !? i often have no success, specially when i try to buy 1M or more !
I know that with pennies you want large amount of shares but if i don't get my orders filled, it gets useless and quite frustrating. What am i doing wrong, is there a better way than another do pass your order etc... Today for example the PPS often came to my bid but no fill !!??
Greatly appreciated, like always...
Thank you
VPER will find a bottom at 0.0016 and then develop a bullish divergence. only then we will see a positive run.
Thanks again Trader. your recommendations are simply awesome. It is too easy to get caught up in a stock because of emotion and the fear to miss out. Like you said, pay day was Friday. I did not noticed the RSI being so high, it is definitely overbought.Keep up the good work...
Happy Father s Day to you and to all dads as well.
Good day Trader, what do you see in BBDA .0009 ? It might be something on the move.
Thank you Trader. Truly appreciated.
cute cute LOL...
Good day Trader. You have VPER on your stock to keep an eye on for a few now. I am not sure of what to make out of its chart !? looks like a good buy ready to go, and your view on this is greatly appreciated. Thank you
You may be right on the link, i don t recall seeing it before. If its new, it might mean financials are close to come out. IMO.
I don't believe its new #s . if you look at the sheets it shows 2004 2005 and nothing for 2011 or in between
You can not be more right... finally someone that understands how this works. we need more people like you. The pump and dump IS COMPLETED and now the left overs are being cleaned up by the Day Traders. Thats it thats all....
I have problems getting my L2, how is it looking this AM ?
and making money is the reason we are all here and all that matters...
I trade with ITrade and still the same ... i don't know why brokers don't all have the same way to go about a stock !?
I hope... we need it.
True, you have a good point. And the large volume they play with does make a diff.
Agreed.
Shorters eventualy do have to cover within a given amount of time and this USUALLY brings more buying pressure which in turn drives the PPS back up !?
IMO shorters are a necessity for the market ! They create one true imortant point: LIQUIDITY. and a liquid market is a GOOD market.
Thanks for the update on SUGO. when i showed interest in this stock my broker stopped the trade and said it was restricted..... they will not pass the order. too bad, i see the potential here and wish i could get in, it should run soon.
always looking forward to the next money making play !
I like what i see on your board so decided to join today.
I enjoy triple penny stocks play and understand the risk but also the benefits you get from them. Buy the dumps sell the pumps....GLTA.