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Very concerned about today close pps. I went back and looked on the chart it seems like .0045 is a rite of passage between going down and up. The concern is that we closed on the low today. Look at the trend line and past history the pps hits .003s soon possibly the .002s. It is very possible that all gains going back to the beginning of 2014. 12/29/2014 is a key day, the pps most not violate .0037.Another key was was 11/03/2014. Another key day was 3/14/2014. Hopefully Monday we get a hard bounce to get out of .004s and stay out of the .004s.
RSI at 30% has pps at .0039, rsi at 20% has pps at .0022
technical numbers
Fibonacci numbers, we are below the 61.8% retracement level
Fib numbers
Which indicator are you basis your analysis on ?
1. Gut feel
2. Past history
3. Seasonality of otc corrections
4. Something else
5. Guess
technical numbers
traders cheat sheet
Vitamin Fizz Wild Berry review taste test from the can.
video of review
Mine dollar trades 5/14/2015
PPS 0.0047
money exchanged $65,536
trades 94
Seems like trading activity is on a vacation and we are in a stable range.
What is your calculation for revenue per employee ?
Separate out power brands and avanvor in one caculation, the other calculation should be Minerco and the sum of its parts.
Thanks.
How long do you think the pps will be stuck in this channel ? I am thinking 3 to 6 months. Possibly by October the revenues will pick up big time along with more profits and pps will rise again.
Survey question for this board. How did you find about this company/stock ?
1. Stock selection for investment in beverage industry.
2. Recommendation by a friend or someone from family.
3. Interest because it was the most active board on ihub or most active in stock market share volume on otcmarkets.
4. Active social media
Mine was number 2.
Seems like the there were some bids at .0034, I saw on L2 post today.
ss1 post
Try to do a market order to see what the price fills at. Or set the ask under the bid or under the ask of the last quote. Your order will get executed.
I disagree with about the share structure. In this instance it got inflated because of the abuse convertible securities. Results in becoming a manipulation paradise for the shorts and flippers.
So true, the MINE product tastes the best. We did the same at work.
Say your prayers for this stock and the management. Hopefully there will be a turn around soon.
It did happen in Nov 2014/Dec 2014. Not in the summer of 2014.
Oh man this is like Chinese water torture. Drip Drip down a tick tick. Discipline is key on when to do the buy order. Waiting for confirmation of a trend.
The shorts got scared today and covered according to the candle stick pattern Homing Pigeon. There is a 56% chance of the bearish trend continuing.
homing pigeon
This will be a major catalyst for new investors on the east coast.
If that happens the stock will sky rocket, imho. We should tell all the stores to get the product.
According to barchart.com flippers are get slaughtered in all types of trading strategies with this stock. It is best to dollar cost average if you think the enterprise will survive or wait until technical signals say it is time to buy. Amazing all the news that comes out and the stock is not making any traction upwards.
I have been happy with Etrade for penny stocks. Execution is pretty fast. You can even buy the securities that other brokerages won't let you buy.
Products in the east coast ? When are going to see the products in Walgreens on the east coast ? Mid Atlantic Region.
You might have waited to late in the day. I know with etrade you can't do market orders for penny stock purchases you have to do limit orders for penny stock purchases. Only sell orders are allowed to be market orders, I would only recommend doing this when the stock in a uptick. Market orders will place the sell price just under the bid price to guarantee that the order executes. Traders (pump and dump guys) who have millions of shares with penny stocks will often do market sell orders into rallies if they want to get out before the dump.
Unless we get a new set of investors buying this stock up like myself in late dec early jan I don't see the stock going up. We are in the season for stock selloffs in all markets sizes from large caps to microcaps. Like they say sell in May and go away. Penny stock pros/whales take trading vacations starting in may/june.
Depends on your perspective and holding period. Buyers need to get back in. Longs need to get out there with conviction and buy and hold the shares if they think this business enterprise is going to last in the long run. People need to stop pretending to be long when they secret flippers. The chart is telling me now that most have been flipping with the channel trading. If we break the channel .004 (bottom) trust me there will be massive selling. I am not talking about limit orders, but FEAR market sell orders (help get me out asap).
I see back an history. That was in interesting day to say the least. A picture is worth 1000 words on a 1 year chart. Notice the cross over where the 50 day moving average went below the 200 day moving average. When the trend line support broke it crossed back to death cross sell signal a few weeks ago.
Here the Fibonacci numbers, for the short term he is correct according the Fibs. The RSI imho is not low enough for a long term buy. Needs to get to where it was on the Nov 2014 lows. He might be look at macd convergence close to zero as one of his indicators.
fib numbers
Traders cheatsheet
cheat sheet
Traders technical analysis numbers
technical analysis
Current 6 month chart.
Mine trades (dollar amount) 5/12/2015
Time Price Dollar (sum) trades
0:10 0.0049 $11,549 20
11:36 0.0049 $18,999 34
12:06 0.0048 $25,066 39
12:54 0.0049 $36,013 44
13:41 0.0048 $39,965 52
14:37 0.0048 $47,051 58
14:58 0.0049 $47,544 60
15:18 0.0049 $59,300 73
15:35 0.0049 $59,678 75
15:53 0.00485 $63,777 79
16:00 0.0049 $64,510 81
I just got hit with one with a 150 to 1 reverse stock split unannounced. The stock was .005 dec 2014 then went up to .10 /share, dropped down to .03 a share before the reverse stock split. The stock is now a $1 a share, it went up to $2.70 and went back down do a $1. Before the reverse split the float was already low. I went from having 2000 shares to 14 shares. The amount of the money is still the same. So far so good seems like the stock price has stabilized from declining.
Right now it would not be a good time to do a reverse stock split for MINE.
If the RSI (relative strength index) gets to 30 and below it could happen. That is a key indicator to watch for reversals to the upside. That would be a signal for swing traders to enter. Back in Jan 2015 it got over 70 (signal for high) and then the stair step down selloff that we have been having. We also could be in a saucer bottom another signal for upside reversal.
Remember to do you on DD and charting. Nothing is every 100% accurate with predictions and technical analysis (risk management technique).
Mine trades (dollar amount) 5/11/2015
Time Price Dollar (sum) trades
09:49 0.0047 $5,139 17
10:17 0.0047 $11,609 37
10:44 0.0048 $15,064 46
11:33 0.0049 $25,422 64
13:23 0.005 $50,661 107
14:18 0.005 $55,917 117
14:51 0.0051 $62,235 135
15:25 0.00505 $73,155 146
15:56 0.005 $83,888 162
16:00 0.00515 $93,092 171
I saw a code word on that blog. Laughable. See if you can figure it out. It has been discussed in this forum.
They had this forecast last week. .0033
last week forecast
It could have several interpretations.
1. Brokerage house decided to hide the trade during the day and disclose it after hours. There were some trades with 10,000 shares where price was being manipulated for ask and bids.
2. Could be a trade to hide convertibles being executed.
3. SEC (because of formal complaints) could have sent a warning for scenario one and gave the brokerage house instructions to disclose those trades after hours.
I see there was a form t trade at the end of the day.
Clay thanks again for taking the time for the analysis a picture is worth a thousand words.
It was but what happened it was short lived and ended up cross over into a death cross. Something smart money saw in the filings they did not like and started selling.
Too much confusion about why pps has dropped over 50% since peak of 1/2015. That is why I am sticking to Technical Analysis to let me know when to get back in. Right now the RSI is too high and there is no bollinger band buy signal yet. The macd is negative. We also had a death cross sell signal along with bearish harmish cross candle stick sell signal. The stock is in a bearish stair case down. The trendline from the 11/2014 low is broken.
A picture is worth a 1000 words. I know there are many who don't believe in charts. This explains what I am talking about.
I saw that happen last week with another company. It allowed the company to continue operations without having to dilute the stock and keep the outstanding shares at a reasonable level. The stock rallied big time.
Any potential to get a private corporation or investor for debt financing to pay off the existing debt holders and possibly do a stock buyback. Someone who won't require collateral (convertible securities) ? Another words they have the faith in management that will get paid back and believe in the business model that the company will become profitable and have the revenues to pay back the loan.
The institutions have a lot of restrictions. Many (mutual funds) have a $5 dollar share restriction. Others a $1 per share restriction.
Thanks for the info. Do you think this (outstanding share increase) will stop for a while ? Then the last of it is in October 2015 ?