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.
what a day :( I am still long and have yet to sell a single share, but days like today are hard to take. I know it was to be expected after 5 days of green but a 12% haircut hurts. Tomorrow is yet another frustrating day watching ftch trade but I am 99% sure we close green. These guys need to come out with a PR soon or we are back under the .05's by weeks end without any news IMO
What hurts the most is I sold 12k worth of cemjq to add to my position in ftch. Since then cemjq has gone up over 100% and FTCH hasn't really done anything.
FTCH has everything going for it but to think this is going to be in the .30-.40 range by mid to late august is a stretch to say the least without some huge PR's.
nice to see green again... Am I the only one who doesn't want this to blow up quickly. I would much rather have small 2-5% daily increases than huge 20% runs only to come back down to fill huge gaps.
ouch .056 now. I aint selling a single share until my expected pps is met. I still can't believe the MM can manipulate it this much.
What's going on? why did the price drop so much? was there a lot of selling going on? by who?
back down to .06, anyone want to fill be in on whats going on? who's the one selling and how much has to be sold to drop down .002?
Like I have said before, I am very new to trading stocks and especially new to TA but to me it looks like we have some resistance @ .07, .09, .11 then a big run up to the highest resistance I can see which would be .17.
again the above is all my opinion...
Looking forward to monday and hope everyone is enjoying their weekend.
wow Han, I knew you were holding a large position but had no idea you where holding over 1 million shares. If ftch reaches your expected pps by mid august you gonna be profiting 100's of thousands.
I am very new to trading stocks, started about 3 months ago. I might be crazy but I started playing with about 50k after researching and studying for about 6 months before depositing the funds in my Scottrade account. I have learned a lot in that 3 months but 90% of my picks were found on various forums like HSM and IHUB. Out of many recommend picks I filter which ones I like based on my own research rather than the TA. Maybe its beginners lucky but I'm up a little over 50% since starting 3 months ago.
Anyways, what i was trying to get at is members who invest lots of money in these penny stocks. Has anyone on these boards made $100,000+ on one penny stock? I said it before that I might be crazy holding over 500,000 shares averaged at .05 but if ftch reaches your expected PPS by mid august I stand to make over 150k, UNBELIEVABLE.
Han are you currently looking at any other companies that you feel are undervalued. I know you mentioned the other day of a company similar to FTCH. I would love some recommended tips to research on my own. I just have trouble finding them on my own thats why I rely on various forums to find these companies. Anyways, feel free to email me any companies you currently looking at... If I do well expect a nice xmas gift hahahah
If FTCH hits $1.00 I will have made over 500,000k. I don't think I have the patience to wait that long. I am planning to not sell a single share until ftch passes mid .20's... at that point I will re-evaluate my position.
very nice vantillian
Isnt it fair to say that the people holding this down will also profit big time when they let it run? I don't think its correct to assume that they will be missing the boat once ftch starts moving northwards. I actually believe the ones holding it down will be the ones making the most money off ftch.
I too have a feeling its about to run hard within the next couple weeks but it seems like everyday the majority here thinks its gonna "run hard tomorrow", "close green for sure" or "can't wait for tomorrow". Its getting a little old filtering through all these "pumping post". IMO ftch is going to continue this trend until we get some substantial positive news.
I am over 500k shares long and would love to see a huge run obviously, but I seriously doubt we will see any big moves northwards until after Paul Campbell starts.
just moved the ask back up to .049
dropped the ask again to .46. they really don't want this to close over .05 which i don't think it will today. I hope we hold strong and close @ .049.
I started out with a very small position here a couple months back and my timing couldn't be better considering 2 days later FTCH made its big run to .18... Although I did sell early(.15) I still was able to experience how fast the PPS can move within a few days. Since I sold, I have been doing so much more research on the company and although I don't post much I have read every single post daily on these boards for over a month. I started another small position about a month ago and in the last two weeks added heavily to that position on various days. I am now averaged in @ .055 holding 545933 shares and don't plan to sell a single one for awhile. I don't know if I'm crazy but half my portfolio is now vested in FTCH. Some might call me crazy but after everything I have read about the company I actually feel very excited and not a bit worried about holding such a large position in a penny stock. Even on big red days I could care less about the current PPS. I know what the true current value of the company is and I can speculate what the not so long term value will be, which IMO will come sooner then most expect.
I don't need to say good luck to all the longs because we don't need it. Enjoy the rest of the weekend everyone... looking forward to next week.
good morning everyone.. would love to slap the ask but all tapped out after buying more yesterday. A close over .06 is all i'm asking for.
my scottrade account shows the ask @ .055 ummm... probably going to have to refresh this and change my order if the ask is @ .575
buying 92000 more shares @ .0545 and having trouble picking up anything. Just placed the order 1 min ago so we shall see how long it takes.
Just put a buy order for 80000 shares @ .065. 14800 shares got filled quickly. I hope I can get the rest of the order filled today.
I plan to buy a lot more tomorrow but have a few questions. I have read a few members stating they are having problems getting their orders filled even at the ask. I bought into FTCH awhile ago and never had any issues even though my buy was pretty large. I have a decent size position in CEMJQ and want to sell half of it tomorrow to through into FTCH. Now my question is, will I have trouble buying say $12500 worth of FTCH tomorrow at the ask of .06? I don't want to sell half my CEMJQ position only to have serious issues trying to get my order filled. Any insight is much appreciated.
and that calculation was????
young turk, just yesterday you were talking about ftch hitting $3.00 and now you have some serious doubts in the company? I would love to know what has changed in the last 24hours.
that .148 means nothing until the market opens up. It will open around the same price it closed at yesterday. No gap up this morning... trust me.
Bashing over on the yahoo boards.
I rarely go on the yahoo boards but today after the drop in the PPS i decided to go over there and see what they were saying. There is one member on there claiming that this is company is one big scam and 2 owners of this company were involved in similar company which ended up being scam. Mind you he doesn't post any proof.
Bought more today at .048
decided to average down today... originally had a big buy @ .30 and decided to buy 23000 more shares about 1 minute ago @ 26.9.
make that a limit order or .22 lol
I have a limit order at .21... lets see if its filled. I don't this anx will have a problem breaking .25 resistance today.
I want to invest in anx but she moved a little to much premarket... not sure if I should wait for a pull back. Anyone see a pull back to .2-.21 sometime this morning?
quick question regarding L2... when it says 5000, I assume that doesnt mean $5000 but 5000 shares? If it is 5000 shares that doesnt seam like a whole lot of $$$ involved... someone care to explain. Whats an average investment in a company like this?
that 4.50 ask price means nothing when the markets are closed. All my positions usually have odd/off bid and ask prices when the markets are closed... Its normal.
lol spoke to soon
starting to move a little again
It could have been me... just bought $5000 @ .061 hehe
I'm back in @ .061. Sold this a little while ago and was actually somewhat shocked at the beating it has taken last 2 weeks. Extremely undervalued with so much upside potential.
Those who are still holding above .16 should really look into averaging down now... You will get all your money back by next Friday.
what would happen if one was approved and the other denied? I assume the PPS will still go up a lot. Is everyone on here confident of an approval? anyone have their doubts and care to comment their reasons?
thanks
I bought 12500 shares last week at .40 and plan to add another 15000 shares Monday premarket.
wow huge drop in the AH... anyone have any idea why?