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Thanks! Thanks to the other members who welcomed me back as well! This is holding up well with the low volume. I will do an analysis on this after the session and post it tonight. If anyone has any questions feel free to comment!
I flipped it for a quick $250 earlier this morning, it's not going anywhere today. This stock dives on low volume. I may buy back in again at some point for another flip if it looks worth it!
I am a day trader so yes I do flip. More than half of the companies in the grey market are scams yet people buy them. They are swing plays only, nothing more. Make money and get out, whether it's this one or any other ones. Good luck!
Yes I know, I was in this when that happened. If this stock was fully engaged, it would have been delisted but it is not. Never underestimate the grey market.
I have seen crazier things happen in the OTC market. Dormant stocks that have been zero'd out for years and then open 1000% out of no where. You haven't been in this market long enough if you think any of that matters. All of this loading means something in the near future, if that's not obvious than you'll just miss out.
I will say this again, hope everyone read my post last night. If not here it is (I was replying to a member that asked me a question about what I thought):
Thanks, I appreciate your kind words! To be honest, I thought we'd drop further than the mid 8's after the .01 base broke. If it continues to hold in the 9's and manage to break/stay above .01 we should see a successful reversal and climb upward. The RSI has cooled off quite a bit and is now resting in the low 50's. It has decreased by more than 40% in the last few sessions. Tomorrow morning will determine its movement for the rest of the day. We really need to see a gap up in the AM to help with the push upwards. If we open under the close, I can almost guarantee this will hit .005 intraday. I'm off to bed, it's getting late!
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Key point I made last night: Tomorrow morning (today) will determine its movement for the rest of the day. We really need to see a gap up in the AM to help with the push upwards.
We did NOT gap, we opened less than the close PPS, lower lows/lower highs, this has been consecutive for multiple sessions, we are in a confirmed down trend.
Your welcome to the members who listened to me and got out days ago! I always appreciate all your messages.
I am totally out of my positions, I will wait on this one. I made some good profits flipping this but it looks like it will be dropping further. Please look at my previous post from last night. Good luck to all.
Thanks, I appreciate your kind words! To be honest, I thought we'd drop further than the mid 8's after the .01 base broke. If it continues to hold in the 9's and manage to break/stay above .01 we should see a successful reversal and climb upward. The RSI has cooled off quite a bit and is now resting in the low 50's. It has decreased by more than 40% in the last few sessions. Tomorrow morning will determine its movement for the rest of the day. We really need to see a gap up in the AM to help with the push upwards. If we open under the close, I can almost guarantee this will hit .005 intraday. I'm off to bed, it's getting late!
Thanks!
This board is still very active I see! How's all my friends doing here? I apologize I haven't been on here in awhile I've been busy with another OTC stock pick that caught my eye. Regardless, I still have my LT position here, I haven't re-entered for my DT considering my focus has been elsewhere momentarily. I did receive some messages asking me to come back so I am now a MOD here. I will try to post when I can but feel free to comment with any questions! Always here to give my advice as usual.
Added another 750K at .009 :) Easy and predictable! Thanks panic sellers! Learn to read the charts!
Great strong base at .01, we did fall below but it held very nicely. Re-entered with a 750K position at .01!
This has been dormant for more than enough time! I've had 10M shares sitting in my account not doing anything and finally there is life here! I think we'll make some major money here now that something is in the making! I've seen this run hard with 500% gains in a single session. This is the bottom of the bottom here. Let's see if she pushes up today or tomorrow!
I do agree with you as well. Thanks for the comments!
A stock will never rise based on DD. DD is just for the investor, it in reality has no effect on the actual statistics of the chart. I would never buy a stock solely based off of DD. Yes, DD is part of my decision to purchase a security but it is merely an addition to my chart play. Speculative volume can drive the PPS up or down but in essence regardless of what the stock does it will ALWAYS need to correct itself. Numbers do not lie.
My analysis' take a lot of time but are normally pretty accurate. I would suggest to take time and research and learn how to, it is a very important tool for trading. If you don't know how to chart you are trading blindly, solely off of DD and speculation. I'm not saying you won't make money doing it that way but you are essentially gambling rather than trading.
It did make TD headlines, take a another look. As far as your comment about me: I'm a day trader, I buy and sell many times during each session and occasionally hold overnight. I have been charting for a long time and know how to read them unlike many who state they do but they don't. I not only look at the charts but compare the stats/ratios to them to get a better reading. I believe I mentioned we would see .01 before the bell yesterday morning when the PPS was at .0168. Pretty good read I'd say? Since my warning and alert to my followers of my prediction they saved themselves from a 45% drop and could've made some tremendous gains if bought around .01 which I stated would be the base if it held. When I start my reading on a stock and then do my analysis it is normally correct. I spent hours doing it for this one hence the reason the PPS did what I said it would. It pays off if you know where it's going before it does!
I already sold my position after I bought at .0103 and made almost $1500 in less than an hour. Good trade wouldn't you think?
Up we go! Pushing it up for you all.
I will buy here, .01 base looks solid. I loaded 700K :)
Did I call it or what? Tried to warn everyone yesterday! Even before yesterday's morning bell!
Down before the bell, get ready for the drop.
Brief analysis: B-S ratio is tipped toward the right which helps explain the continuing decline today. The PPS finished today by a very weak EOD movement which shows weakness, especially with low volume. The RSI is sitting around 60 which is neutral in this scenario however the base sets in around .01 so don't be so sure this has cooled off completely until we touch around .01 We will most likely see that PPS tomorrow before any positive movement. If we hold .01 we will most likely see a successful reversal back upwards. If it doesn't hold, this will be a dramatic downward spiral and I would suggest to sell immediately because .01 would become the new resistance if it breaks. We do still have a golden cross which is promising however the 200MA looks stagnant and not showing an increase on top of low volume. A true golden cross is when the 50MA crosses above the 200MA while the 50 and the 200MA are trending upward with increased volume. Our 200 is not increasing as it should and we have low volume.
If anyone has any questions feel free to ask. I appreciate all the nice comments and additional people who have decided to follow me. I was hoping I would've had a chance to post this earlier but I've been swamped with other things. Good night to all, I'm off to bed its late!
Called it before the AM bell! Not trying to down others on here but if you know how to read charts and do the numbers no one should've have been saying "get ready for the bounce/rebound" or "this is the bottom" etc repeatedly throughout the day as it declined lower and lower and then closed at the low of the day which it made right before the bell.
I will load when the charts and numbers line up, not when it "looks like" the bottom but when it is the "real" bottom. I will run a brief analysis on this one and post it tonight. Thanks for the nice comments to the ones who messaged me, I really appreciate it!
This needs to drop to .01 for a complete reset. Everyone has been saying "this is the bottom" and "here comes the bounce" and all it's been doing is declining. Guys learn how to read charts and watch the ratios. I called this heavy drop before the bell and have been warning of it dropping further as the day goes on. If this doesn't drop to or close to .01 by EOD we will see it tomorrow. You're throwing money away by buying this high and watching it drop to what you could've been buying it at! Just trying to help here, thanks for the private messages to the ones who did take my advice! Smart investors wait and make pure big gains not lose it and then turn a small profit after recouping the loss from a drop! Easy money here if played right. Good luck to all. Keep those messages coming, I appreciate it!
It happens all the time with OTC stocks especially with one that has driven from the low double zeros to .02 within a month. With that kind of unsustainable elevation, the pullback is dramatic. This stock rose very unhealthy, it escalated without any breather and the numbers have been pushing their peaks. I'm surprised this is even holding this well. Our support broke on Friday so this should go down to .01 from a technical standpoint. The PPS will be there soon enough. If it breaks .01 we will free fall, and prepare for a day 100 times worse than this one.
This is in a down trend guys, regardless of the mini bounces. Reversal looking at a base of around .01 Still has more to drop from the current PPS.
Just a heads up to all, resistance formed in the 14's. Don't expect it to climb any higher than that unless there is a very strong push; charts haven't reset and there is still a lot of selling going on.
I do agree. This could use some legit meaningful news, no fluff.
Tried to warn everyone before the bell...down more than 20% now. I will continue to wait until the RSI cools off some more, when the ADX turns to oversold instead of overbought and when the charts fully make a recover reversal. Yes there will be random dips and bounces to make money but in an overall standpoint, this is trending downward.
Already down 10% in the first 5 minutes. Glad someone agrees. Just stating the truth, not trying to B.S anyone.
RSI is still high, we will most likely be red again today. This hasn't pulled back enough to continue a healthy movement forward after the tremendous gains it pulled. No gap up this AM, after the trend over the past couple days and low volume this is now a sign of a stagnant PPS, mark this post, we will close red, this hasn't had a full pullback yet. Good luck to all.
Added 500K at that huge dip!!!
Support just broke.
Over 1.5 mil just dumped at .0176 wow...
Nice! Great pick-up!
Looking great here, solid base in the mid 18's. MM's playing games here, easy hold!
So predictable! Golden cross, news, easy movement up, just hold. This is manipulation to get in cheap. Hope no one sold on that dip! Moving up higher again soon.
Holding, morning dip as usual! It will come right back up shortly :)
This is clear to the .02's after .0189 and .019 HOLD!
Load and hold! This will be reaching new highs today! I call .02 within the first 5min of trading!
LOAD!!!!