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.
MPET breaking out
PLNR is one you'd like too. I like a little more liquidity than you do, but that one might please us both. WTT and SMTX are others with normally low volume that hit my scan today
DRWI The link isn't working for me. The daily hit an old trend line I drew on it, who knows when. It could keep going, but I'd watch it for a whipsaw until the weekly bottom is confirmed. It could be a really good Jan Effect pick. And the best Jan Effect picks are usually good all year.
I don't have to look at it, it was on my scan. I'm waiting for a bounce. However, ONVO doesn't really make sense for what we're talking about here. It's not a low floater
It does in my book. The weekly bottom isn't confirmed there, so you might wanna watch resistance on that. My chart is showing that it already tapped the trendline
You are missing the point. If you are not able to watch, you won't know when to sell. Low floater can pop and drop very fast. It makes no difference when or where you bought. If you are not around to see the momo hit, you'll miss the sell. If you are holding a low floater that you can't watch, patience isn't going to help you
Exactly, there is no reason to be patient when momo plays are happening every day. Did you get PLNR today?
They how are they going to know when to sell a pump and dump? If you can't daytrade and watch close then you shouldn't be in a low floater
It didn't take patience to make money on SGOC. No reason to sit on money hoping and praying for seeking alpha to pump a stock. By that logic, we should just buy every stock with a float under 5 mill and wait a year, and hope we don't look away when it's time to sell. I only called it out, because it was an obvious p&d before earnings, yet Matt was singing the virtues of patience. I just wanted warn those who maybe didn't realize that the momo happened before earnings. Patience was up for those who were in it, and now there is a new set of bagholders. Lather, rinse, repeat
SGOC tanking after earnings, turned out to be another Chinese P&D. I doubt that's what you had in mind when you were talking the virtues of patience. I only commented because I wanted to make sure people knew the momo play was ahead of earnings. Hopefully they took profits and/or it bounces for them.
SMTX is one to radar
Alright, but I still think we have to call SGOC a momo. Saying patience paid off is too much of a stretch for me. If it continues to rock through earnings, that might change my mind, but ask yourself if you're going to hold with that kind of profit through earnings? I'm not
I understand, but I think you know what I mean. It's a momo play, I doubt many people buy stocks that do nothing for 6 months and hope and pray for a Seeking Alpha article to run it up before earnings. That strategy can work like a broken clock for sure, but it's not the way that most people make it in this biz. If you bought it when the momo hit, you're still doing superb, so no reason to sit on it for 6 months.
Seeking Alpha article 2 days before earnings on a low floater. It happens, but I wouldn't go as far as to say patience paid off. Could easily turn out to be be a pump and dump
odd time isn't it?
Doesn't seem like he opened his wallet today afterall, maybe he'll make up for it tomorrow?
Works for me
They're hitting mon twice? Never seen that
Cool, I was asking because this isn't a typical strategy we use, so if we're going to take time to change our strategy it would be nice to know it could pay off.
Has this stock picking strategy worked for you before?
Small change on the $NAMO, look for a big move in the markets over the next two days. Link back for charts
The illiquid ones have been hot lately. IG is still marching and liquidity is improving, but it's still under the radar imo
ROX, gotta love it when the bid jumps up two ticks over the whack. MM's might try to steal some stops, but the investors appear very strong here.
ROX, agreed! You and I discussed how it's a shareholder friendly growth pick. Nice to see it breaking out again, as it's a fun one to hold and watch.
I saw one just like that at the vet a few days ago. He was in one of the techs pockets LOL
Seems like They use the taper talk like bait for the bears
That 2 in a row. There's more room for a big up move than there is for a big down move, other than that observation, it's a tough call
IDI popped the psar too. Fins are out of the way, so time and billionaire Frost are on it's side
Small change on the $NAMO and $NYMO look for a big move in the market over the next two days - link back for charts
Everything is this business is temporary. That argument is weak.
according to the rules, all broker dealers will have to reconcile their accounts and any short positions must be covered when the CUSIP is changed.
The suggestion was made to change the ticker, CUSIP, and name. It's a reasonable request imo, as VRNG isn't just a ringtone company anymore and hasn't been for some time. It's cheap, easy and can fix the naked short problem in a hurry. When this request was made before, several tried to say it wouldn't help or it would only help temporarily. That may be true, but I figure whoever is against it is part of the problem. It would be nice to get Cliff's official statement on this.
I could see a squeeze happening on PEIX, but it might also be a great January Effect pick. We'll be watching
PEIX lost .40 p/share. It's getting murdered in A/H
OXGN - perhaps, the chart is even better than OXBT was when it took off
OXGN moving just like OXBT did - any idea why?