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The very very very few brokers out there that allow you to trade penny stocks on margin, or short them, have crazy requirements, you have to open up an account in most cases with a ton of cash, and you also have to use 5 times your buying power to buy any of these, regardless of the price..
So yes you can "do it" but is it practical? Is it something that most people could do? Is it worth it?
No... No... and NO....
Well thats obvious, each successful play they do will only bring more people on board for the next...
Everyone is already on this one, their last 2 plays both 10 bagged from the alert... This one will be no different...
Doesn't take much man on these, just look at their history, I usually don't start flipping till they go over a dollar, then start coming back. You can usually flip them a good bit on the way down. Just watch out for a day when it has a massive run, like 40+ cents. With in a few days of this they will usually be a pretty meaningful pull back, thats the sign to start flipping. The first week or so, no one should really be flipping unless you get back in before close, because these usually gap big and run out of the gate the very next day.
Lol please stop using logic and common sense with these promos. This is aps, they run these for around a month at the very least, and have already confirmed this as being a month long promo. They also run a TON higher and for much longer than simply 2 days lol. Market gap and shell status has no baring on these plays, they ALWAYS go up huge....
Its sad you did no DD on how these groups work, and instead just played this like it was a Nasdaq stock lol. You will learn though...Hopefully...
How do you know APS isn't going to be promoting BFLX?
I am clam, BFLX is going to be just find IMO....
Funny considering I was correct all day long on this and yesterday as well... And please kill the pompous replys, your not some "eleet" trader, your just another common ihuber who thinks he knows more than he really does.
I never once told anyone to "listen to what I say and trade based on what I say on here!!!!".... SO please grow up, settle down big boy, and get a clue... Everything I post have been my own opinions based on various data and facts and I have been right about every, single, thing I have said BUT this closing in the .60s today.... So I do believe my track record speaks for it self....
What is your track record? Lets see, so far you have informed us all that you can't trust what the promo groups say, that a sell off can happen at anytime, and oh yea, their shady!!!! lol really, thank you sooooooo much for your enlightenment!!!" What ever would we do with out your knowledge!!!
Lol these groups all run plays in their own way, they all have their own trade marks, smart investors know this and know how the play them, dumb ones don't, simple as that. You can pretty much toss your whole pompous reply out the window, please don't try to sound like you actually know what your talking about by apply famous quotes to your message board replys.
ALL groups shake out "weak hands" in their plays before they start their next leg up or big runs. The people who know the groups, can read the charts and know how to play them know this, thats why we don't get head faked and dump in a pull back only to have the stock explode to new highs mins later..... Groups set the charts up all the time, even with a stock is running huge with no stops in sight, they will kill it by stacking the ask with a ton of shares and bid wack it down to create a pull back simply to set up the charts for a bigger run later.... A lot people get scared, they sell, aka head faked and then end up chasing it when it turns around and takes off again, which further increases the gains and momo on the next run... Sorry if you don't like the term "weak hands" but thats what they are and those are the ones who either get burned or end up making a lot less as they sell at the wrong times and buy at the wrong times. The best way to play these is buy low, and assuming it runs up high from where you got in at, which is almost a given if you can get in any of the big promos cheap, you either sell some shares and ride free ones, or stay in, as you have a huge profit buffer protecting you. That way little pull backs, or even big swings don't bother you and you can afford to wait those out for bigger gains.
You are 100 percent correct, BDP is shady and unreliable after day one, you have to take what they say with a very very big grain of salt......That is there track record.... And yes, the "sell off" could happen at any time....
But there are many reasons for that not to happen yet, I and others have listed many of them. A small pull back from the high of the day today on a stock up over 200% sure looks to me like they are setting it up for a big run, who knows for sure, and who knows if it will be one final big run or if it will keep going into friday or if it will just tank at the open. But there are farrrrrrrrrr more things pointing to a big run tomorrow than a sell off.
Simple logic would tell you that if you wanted to kill a play, you wouldn't do it 10 mins before the close.... You would do it some time during the trading day with plenty of time left to dump all of your shares and get out...
Now that doesn't mean they don't intend to continue the dump in the AM, but there are MANY reasons for them not to do that, and really no reason for them to actually do that... It would be completely in their best interest to run it up more before killing it...
Well, theres 2 big reasons why they took it down EOD. One, this stock had a lot more resistance today than it did yesterday. They had no problem taking it from .37 to .52+ yesterday in a matter of min. Today it took us all day long to gain .07 cents. And we had to do that in a lot of small burst runs. So one thing they needed to do was clean out the ask, get all the weak hands to sell out, and make it super thin again...
The other thing is, for a big run to happen, aka .20 + cent gains, you need to have strong bid support. We really didn't have that today. So they probably also took it down to generate the extra cash needed to support the bid tomorrow.
And their stocks usually gap and run very big after a eod pull back the day before... They sure set this up for a big run in the am, it might pull back slightly and then explode, or it might just tank. Just got to watch it in the AM, but they did set it up perfectly today for a huge run in the morning....Whether they do that or not is anyones guess.
Expect the email to say something along the lines of:
"the shorts tryed really hard to drive the price down, but BFLX held strong, and started to move back up at close. Big after hours news will cause this to run big tomorrow and force those shorts to cover!" etc...etc..etc...
They also said it was going to close in the .60s today as well :)
Oh there are trades after hours on pennies, I have been filled many times after hours on penny stocks. The first few mins after hours, specially with a stock that had a lot of volume, the trades are mostly trades placed during the last few min of the day and the market makers will often fill those after hours, again in only the first few min.
Any trades after the first few min, or any trades after hours on a stock with no big volume end of day are trades that were filled earlier in the day but weren't recorded at that time so the market makers are simply recording them as "trades" AH before they close the books on the day. Thats what is going on when a stock closes at say .05, but you see trades AH for .03 or .025, those trades didn't just happen, they happened earlier in the day, and just got recorded AH.
But yea, i get what your saying, there is no AH market for pennies... Like I stated above, if you put your order in right before the bell, and there are still plenty of shares on the ask, the market makers will fill you AH, but you can place any buys or sells after the bell on pennies.
I agree, its all or nothing tomorrow, if it gaps, and starts to run, it should be a very very big day, and they might have tossed this head fake in there to get the rest of the weak hands out and to thin out the ask more so it will go up farther, faster. I noticed today that despite hitting all time new highs, the gains on the runs were a lot smaller than yesterdays were. It didn't move as quick or as high, and it took a lot more buying to get it to go up. Theres a good chance they did this to scare a lot of people out so it will move much faster and bigger tomorrow. But if this starts a pretty big pull back in the am, with no gap, get out, dont take any chances, and if it settles and starts to run, get back in. Best way to play it at this point.
depends on how it runs tomorrow
Oh I think its going to be just fine tomorrow, and friday, not worried at all here.. Just making fun of the ignorant thats all..
Most of the time, when their plays finish down towards the EOD, the next day they gap big and run.
wow so your assuming they all got in at .38 and out at 59.... yea that sounds likely LOl. You going to tell them all to sell this now, like you did with NSRS when it was in the mid .30s, before it took off and ran big?
Yea they usually set it up like that, usually means news is coming, and a big run the next day....
Their plays usually run big after a down finish, usually with big news too, so this really isn't a bad thing IMO, but gotta watch it tomorrow to see how it really goes.
SPAH ran huge on day 3 lol... what bear trap are you refering to
Told you, new HOD!!!!!!!!!!! New HOP! 60s coming!
Watch how fast these 58s drop!
New Emails!
I have been right on the money today on BFLX.. Congratulations to those who stayed patient and shame on you if you let the dirty short-sellers steal your money.
Right now, the shorts are extremely nervous and could start to cover anytime.
Once the covering begins, you should start to see a steady uptick right into the close just like we did yesterday.
The cover near the close should push BFLX near the 62 range and beyond.
It's been a crazy day, I know. But the show is just about to begin and lets kick back and watch the fireworks..
Right on time too.... 60s here we come!
Hes going to help this break .60 when he has to cover in about 5 min lol!
Heres the expected final dip I was talking about...
There tightening the bolis right now, setting it up for a big eod run, need to do this to give it the room to run more than 4 or 5 cents... Just a little update... Will probably see one more little dip before the big show starts...
Its one promoter with 20 different web sites, and 2 more different, much smaller groups so far...
They all posted it on their web page at about the same time, I had all the pages on auto refresh, Jackpot was the one that technically had it first by a few seconds...
Hope so!
He makes bath time so much fun!
Could happen, i am still thinking lower to mid .60s, but it could easily break .70s once this really gets running.
Been doing this a while :) Glad you got in this am!
Just touched the upper boli, should be starting it's next uptrend any min now, though they might delay it a bit longer to get it closer till 3.
Ask is super thin right now, it's about to move into it's next big up trend, should have no problem breaking .60s on this run, got a lot of room to run!
I think there the same, disclaimer is the same...
As far as I know they are not part of BDP unless they just opened a new site...
Hehe when it's a good promo.... Not saying buy and hold every stock over night... ;)
Needs to drip before it can rip, just like yesterday, had a nice dip right before the big eod run, same thing is setting up now....