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Get out the way....
Opening bell is going to be ugly.
Missed my flip trade by .05 cents. Greedy SOB. Retrace in effect. Son of a ....
Those were JNUG predictions and buys....my apologies. I read this board as it has more insight but was referring to JNUG action.
As of now....she's acting as spot on as my dog's bowel movements. I see a retrace late day. Hope not, but seems inevitable based on recent behavior. GLTY.
Those were JNUG projections and buys as I se. more upside recovery there today than NUGT.
Agreed. I was looking at long term hopes of others. No point in projections of what could happen geo-politically or with Trump's futuristic tax plan. The trade is here and now. Support in gold will be sustained or it won't. If it doesn't hold here, this turd drops like a lead balloon.
I'm buying here tho so we shall see...caught some at 7.85 on the early dip. I think we see mid $8's today. I may trade some of those out for reentry lower. If it test yesterday's lows, and gold sustains, I'll buy more. GDX looks healthy today. Gold looks good today. Miners should chase and trace.
By then this dog will be at a buck with a reverse split just around the corner.
This is a Non sustainable decaying turd. It's a hit and run vehicle that should only be held long in a steady uptrend bull gold run.
This is how I sees it:
Early surge buying maybe drives price to mid $8 range.
Second wave sell off pushing the day low to near or below $7 range.
Buying opportunity late day.
Next leg up starts tomorrow.
But what do I know, I don't buy into technicals. I doubled my bet on this dog on Friday and took a thumping yesterday. I play off of hunches and general mood of the room so to speak with a usual bet against the majority.
"Let it ride" mentality with Richard Dreyfus.
Closed near the low. Going lower tomorrow unfortunately. Set for double down at $5. POS
Miners have to trace gold at some point. Convergence is near but could be weeks out after a slight gold correction.
Premarket trade does not look good. Nor does the open.
I told my wife to buy 10,000 shares at the low yesterday, but of course our dial-up wasn't working. I was busy getting hubcaps from salvage for our station wagon and couldn't get a signal. Uggg.
Disclaimer: I always buy at the low and sell at the high.
Any a$$hole will be right 50% of the time. It's all purely educated guess work. There is no one on these boards that has any real prediction ability or they would be running a hedge fund and making billions. Take it or leave it, comments and predictions here are self serving. All aboard, bottom's in, but buy buy. I'll let you know tomorrow, a week from now or months from when I might be right and the reasons why.
Good place to vent but no one is going to make you money without taking a commission. Enjoy the ride down. It will end at some point then enjoy the ride back up. The chart changes daily. My two pennies.
I scanned the prospectus but couldn't interpret the realized loss transaction of decay. Semi-difficult vehicle to fully understand but certainly creates the exponential gain opportunity for short term trades. I wanted some gold exposure and had been following NUGT and JNUG to near bottoms and saw a trend reversal in December. Entered both in late January. Nice returns. I simply don't want to overstay my welcome and let decay begin to break down the gains. FWIW, I'm staying in gold mode but I may move into a less volatile vehicle near early summer or if the trend begins to revert.
Cheers.
Digestible explanation.
My interpretation is that volatility thereby creates the decay and loss.
An ideal investment would be to follow the trend and trade on swings in order to avoid decay unless you can maintain a position on the positive side of your trade. Steady upticks or downticks do not result in decay.
Further, the loss of value or realized decay shows up as a share price valuation adjustment during volatility.
Where then does the decay show up?
As an adjustment or reset in share price pre or post market?
In valuation with a reset in share price as a calendar event?
If decay doesn't draw from your held shares or monetarily, it must show up in a transaction at an internal ledger entry level?
Convergence is upon us. Steady run up from here. Bam!
Hey GFP,
I always look forward to your in depth analysis and unbridled enthusiasm.
This group is certainly better off today than the Tran sinkhole, but funding seems to always get in the way of any shareholder upside. I might take a shot at her again once I see some financing options going their way.
As always,
Take care and best of luck. Hell, this could be my year, Packers on a roll and good ole cor has signs of life. But for now, cheap cigars and whiskey behind the dumpster at the imperial.
No question. They would have to cure cancer to save my ass and the rest of the longs. A nice run to 200 would make my year or I could easily average down for peanuts.
In reality, new money has a chance to do very well if they don't need to over dilute to gain funding. My guess, financing comes soon and I'll renter some chicken feed in this lotto and hope for more positive trials.
Two days worth of strong volume with an odd day in between. Could be a setup for a financing deal. Shall see but, there really is nothing binary near term to be driving this. Time will tell.
So what's the next step.....
Funding, dilution, financing?
Clearly a path worth traveling.
Gfp should have some positive input once he gains wind of this news.
Sounds about right. A pyramid built on greed and false promises.
What a great company. Premium, you have anything to add....
This turd will fade to pennies soon as nearly everything else on the planet is going up. A reverse split would be her demise, should it happen. What a waste of money and 6 years. Time to dump this piece of $hit if only for some volume. Come on Santa, bring me a dumb buyer that wants a stocking full of lying greedy assholes for Christmas.
Oltimer,
If your handle has any correlation to your age, I'd consider gifting your shares of YGYI to your great great great grandchildren because this price of $hit ain't going anywhere for three generations. What a sickening ride. Not against you, just sick of the endless stagnation. Sure I could sell and take a loss, but as sure as a fat baby will fart, it would run the day I pull the sell trigger. I've been to funerals with more noise than this garbage. Good luck in 2017 because ygyi wrote off 2016 just like 15,14,13,12, 11....
Such a hot stock. Oletimer must have finally ran out of money. Not a share worth trading today and no one else wants this piece of garbage.
A reverse split would destroy what's left of the share price. No volume. No uplist. No nothin.
North Tampa. Back and forth to Wisconsin.
Congrats.....
It's like finally getting rid of a cyst on your sack that's been bothering you for years. Nice run on PETX. Looks like a nice Michael doble.
Nothing like being stuck in a company for half a decade waiting on something/anything to affect the share price. I've never seen such dead money on such great reoccurring news(as others would have you believe). Rename YGYI to PLFR, short for pilfer, because that is all they ever do with their cash flow. Fat cats living large on the shareholder dime.
Hey Tste,
This is ridiculous. Piece of garbage moves like my colon after a Chicago thick crust. Couldn't be more sick of the same old song and dance. Gobble up the revenues internally thru compensations and marketing parties. Horseshit acquisitions to drive revenue. Been saying this for years. Wish I had listened to myself and dumped 3 yeas ago. Even would be a victory. What a shame when the market is on a rampage. Taker light.
Hey Tste,
I thought you were out at .30? You had an opportunity for that exit a couple of weeks ago. Didn't change your strategy?
It is decent news. The coffee machine investment supports commercial and restaurant use of their coffee. The two go hand in hand as many restaurants will not purchase the pricey equipment but rather have the coffee supplier agree to supply the equipment if exclusive use of the supplier's coffee is granted within a particular retail facility. That is how we worked it with our stores thru Sysco and other wholesalers and their coffee label suppliers. Cafe Rica could certainly become a cash cow if they were to distribute and supply large chains both regional, national, then global. It's a step in the right direction in that regard. But as you said, no bit of news, albeit huge, good, bad, or insignificant, will move this stock. It's sickening. All white noise to the street I guess until they post positive earnings per share and stop eating the profits internally.
??
Thumbs up my friend. Don't sell yourself short. You're far better versed than most and clearly have an understanding of the compounds and biology.
If you need to know anything about this company....simply hit up GFP. He is the yoda of cor. Knows all. But when to the moon shows up....sell sell sell.
Someone gave this old dog a kick today....
Sitting on my hands until post election. May reenter some of my longer more safe positions that I mentioned a few months ago. Good luck!
Same to you. $1600 loss on this turd is almost like a win.
Hello GFP,
Well it looks as if they've hit the reset button. Yes, the forward thinking plan harbors some optimism for newcomers hoping to maybe hit a double or maybe a five bagger with decent clinicals. Unfortunately, I'm a sucker from the past. With the massive R/S, there leaves very little opportunity to regain a fraction of my losses, so it's a dismal outlook for this bag holder.
What is your entry strategy? Pull the trigger shortly after the reverse split, wait for the anticipatory decline shortly thereafter, or try and time the funding event or trial results?
It's always good to see you here, with your knowledge of corx's track record and compounds, you come to the table with far more insight and vigilance than most. I hope you are well and best of luck should you fall back into this black hole. What was the old adage again.....to the moon?!
One day up after 125 down has got to be something to hang your hat on. We'll see if it continues and crosses the 52 week high....then you can tout all you want.
Hysterical. All I have to do is bash this turd and it makes me foolish. Maybe I should blow it up on a daily basis just to drive the share price. Your exit is near.
Just as sure as we will won't see .60 anytime soon and other price targets that were made by many on this board. Revenue projections look fine. What they do with that revenue is questionable. Uplisting has been discussed for years. Nada. No volume. No support. The stock acts very poorly and has for years. Nothing will change that other than a major acquisition with the outstanding shares and/or buyback. They over diluted and Wallach holds all the cards. He needs to show good faith to the shareholder and then the street may take notice. Until then, it's all white noise.
I don't want it to be this way, it's just the way it is.
Cheers. I will. Same to you!!
5 years of sitting on this scent covered dogsh!t is more than enough. I'll be out 50%ish on any favorable run up, which I am doubting at this point.
Death spiral. Tokyo drift. Whatever you want to call it. Worse than dead money. Not sure if it will ever see .30 again. Zero support volume. No new news to drive revenue or share price. Greed at the top could care less. I thought this dog may have its day but nope. Nothing sustainable here but a share giveaway program.
YGYI is a top tier take all company and the shareholder sits underneath the pyramid.