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Entry price is getting better by the day.
Yes. Within 2 weeks is my time table.
Lol...yeah, I gave up long ago. :)
Yeah...this ain't looking so hot. Looking like a YOD. Waiting to see. The April 3rd and 7th highs are identical (double top) and it couldn't beat the March 20th high. Huge taper in volume. Huge run up since the end of December. Sitting on the side lines...
Meet my ASK of $.0001 / share and they're yours.
5 million x 3 blocks
6 million x 1 block
All sell LMT GTC orders...get 'em while they're hot. ;)
Don't shoot the messenger.
Looks like this will drop at least 10-20% from 4/11/14 close.
Looks very much pump and dumpish...spiking but not being able to sustain highs that it hasn't seen since 2007.
First high (highest): 2/28/14
Second high (lower high): 4/4/14
First high: Lots of volume
Second high: Volume tapering off
Financials don't look so hot.
http://finance.yahoo.com/q/ks?s=NVLX+Key+Statistics
I appreciate your level headed input. We'll have to watch this one. If it starts to stall / consolidate above $2 for a solid 2 weeks then I'd be more bullish. Only time and price will tell.
PS: I have not shorted this stock for all those who think I have. Not that it would matter either way. It was merely on my watch list for stocks to short. I'm more of a long person because of the dangers of shorting. That's why with shorting I don't think beyond 20% max profit per trade. And to be on the safe side 15%! Good luck!
Conservative short: $2.01 target.
More aggressive short: $1.95 target.
What kind of company allows for the following statement in their disclaimer. "Trading and investing can be hazardous to your wealth, health or both."
Less than 60 subjects total?!
How much does this drug cost to make?!
How much will this drug cost the patient?!
Whatever you want to believe. $1.95 is very possible.
I don't know the history...nor do I believe the rumor. I'm not an investor in this company. I'm a trader and the short trade is where the smart money is going.
The fact that I can short will not make a dent in this company's price. Lol. I'm no big dog hedge fund.
As I said 10-20%. I'm not getting greedy or making crazy statements that PVCT is going bankrupt....although if you look at it's financials you will see it is bleeding through cash.
Let me offer you this for thought. You say "Bear Raid" to account for the huge sell off day. What do you call the HUGE uptrend two days before? A "Bull Raid"?
Also, the $2.50 price at which one would short is pretty much the "G" spot for all shorters since shorting below $2.50 you have to front $2.50 for each share.
All food for thought. Not saying you won't make profit...but it's doubtful in my book for the near term.
I still say 10-20% drop/profit for shorts in the next month or two months. Easy $$$.
Making bank on this stock?
Hey...I'm not going to argue with you man. Everyone has their own opinion. I've just looked at recent price action. The drop from $6 to $2 makes no sense! No company explodes like that unless there's some MAJOR bad news and it'll take a while to recover...a long while. Also I'm looking at the company's total history. It looks grim over all with sudden price bursts that we've already experienced recently (the climb to $6)...but after those episodes it trickles down to a dollar or so. The price action is breaking key supports and failing to push past key resistance. Look at the history a bit...analyze it. This ain't no FNMA so I'm not expecting the same jump. With my short opinion, I'd say it's good for a 10-20% drop almost guaranteed. Again, look at it's history...it's never gone too high EVER and that's over 10 years of history. Also that was HUGE volume on that one day that it dropped from $6 to $2. It's financials look bad as well. http://finance.yahoo.com/q/ks?s=PVCT+Key+Statistics
550,000 shares to short through IB at a 16.5% borrow rate. Just FYI.
Either way...good luck.
Beware...this stock is going down more than likely! I'm looking to short it tomorrow if the open is at today's close or better.
Earnings May 7, 2014 after market.
Earnings (Before Market CST) & Conference Call (9am CST) May 7, 2014.
Technicals and price action not looking good. Good for a 10-20% short from today's close over the next 1-3 weeks.
How many shares do you think they'd apply that $8.25 to? Definitely not billions.
On topic:
HGLC will go to the moon because I say so. More specifically $8.25 per share. I'm serious. I'm never sarcastic.
Technically this stock looks like it's setting up to reverse in the next 3-6 months if not sooner.
Hello tek1. I want to say don't sweat the dumping but yes, it's something to note. In the case of GSS and other gold stocks it's not a terrible thing. Notice how price can move the same amount over time with or without a large volume dump. Now if there was a volume dump and a HUGE GAP DOWN in price due to the dump then I'd say away. I'm in GSS huge. I was down $15k at one time (average 52 cents) when GSS was down in the 40s (eek!). But I hung in because gold isn't about to tank from the looks of it, GSS isn't going bankrupt, GSS has good proven news etc etc. Knowing what I know now I should have been in GSS @ 44 cents. Anyhow, I'm sticking with GSS for my long term play. I'm watching VGZ like a hawk. VGZ will probably be my flipper stock and it looks like it's about to reverse up just like all the other small gold miners. I'll post on here if the pattern stays true regarding when I buy VGZ. Wishing you the best!
Watching VGZ like a hawk. Almost time to buy again imho. Just waiting for the perfect technicals / price action. It's not a guarantee, but it's on the right track. 2-6 weeks for the trigger if things stay on course. I'll post here when I get in. This'll be a flip stock for me. GSS is my long term runner. Good luck y'all!
Don't know. Institutional trading? It's happened before. I'm not surprised. Maybe big $$$ wanted in but only at bargain prices (60 cents). Thus GSS price getting crushed lately.
It's another buying opportunity I think. Not quite sure when....buut soon (as in a month or two. There should be some technicals that line up to instill buyer confidence). Some entity with deep pockets did the dump. It's not a bad thing. Happened back in Oct and Jul. The bad news is, this gold miner trough looks like it's going to extend itself, so longs have to be patient. The good news is it looks like it's found a bottom. I'm eying other gold companies to put my $$$ in for the cheap 10% scalp. Keeping my long position in GSS unless things look really bad. I don't see why it would retest into the 40's but if it does I might just opt for that second flip account. I thought about just having one account...but not if I'm trading the same stock with the intention of flipping. Too complicated and mistakes could happen (broker might accidentally sell the shares I bought first (lower price than the stock I purchased last)). Account #1 = keep stocks for over a year and pay 15% tax. Account #2 = flip stocks and pay 30% tax. Hang in there PayDirt.
I think most gold stocks are going through a "normalization" or "reset" stage. Meaning those that took off are retracing a bit and those that haven't taken off are going through a final bull pattern setup. Sometime soon (probably in the next month or two) the effects of accumulation will take place and we'll see a significant increase in pps compared to where we are and where we were.
Hopefully $0.66 support holds....
Keep dreaming. Good night all. Look at some real companies. MNGA for example.
Trip stocks are exciting...but just like many know...they'll lock you down. I have 21mil shares in HGLC from 2009ish. If it ever gets a .0001 bid I'm out! The dream is a reality when your $$$ gets locked up for years or it becomes a total loss. Don't screw yourself on most trip stocks that are typically pump and dumps. Observe a couple before laying your $$$ down for the pump sharks.
How about get level 2 and see what the .0001 ask is and tailor your AON order to that?
Explode in a good way?! LOL!
I know! And then today it's flying!? I don't think time and sales show everything...
"Breakout coming. Next week!" <<jokes!>>
Fish out of water! Flipping and flopping...and dying.
Yeah...I think it'll happen "next week". Lol.
Thanks for all the input guys!
Haha, love the photo! That's how I feel about my other pinky I have money stuck in. Good luck!
Lol! Rock bottom prices everyone!
Thanks. I'll check it out. My broker was a bit unclear.
If I bought more GSS at a higher value, I'd only want to sell those shares and not the shares that I purchased at a lower value. Not sure how to work that out under one account...hence the second account. Thoughts...work arounds?
Welp...time to make that 2nd account to play the flip game.
Major bid support at $0.82.
When will you stop smoking the rhyme weed?