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Gently covering PROFITS, is critical to beating the Market Makers.
Hold as long as possible, the price will be higher.
KEY DATA TO SUPPORT THE SQUEEZE ?
how many shares are still short ?
how many have been covered ?
Daily's support that shares are still being shorted.
Does anyone know ?
Shrudinvesta : You seem to be knowledgeable. The point you make about breaking .015 before MM cover is the most intelligent thing anyone has said. The shorts occur daily and have to be covered in (3 days) Im pretty sure - correct if Im wrong, there fore every time they "shake" and shares are sold on the bid, they are covering. They may be going short again to cover, but keeping control over the price to some extent. IS there anyway of knowing how many are still short ? all is see is whats been shorted that day. SO if there is a big sell off for profit taking, the MM could cover in one day. Everyone needs to hold, buy if possible and if they sell sell on the ask. MY thoughts are that this stock is getting so much Play across the web that buying could be out of control and the MM wont have a chance on MONDAY. What do you think ? and does anyone have solid numbers to support where we are in some tangible way ? what the GURU says is great, but other than a guesstimate and chart comps, can he really predict ? I would like to know, whats the secret ingredient, they key data that supports this massive short squeeze.
Not SELLING or SELLING ON THE ASK, is important most people don't know they can do this. I think this should be a key point we stress over and over on this board the next few days. I was in on both LYJN made 350% in two days ! missed VCTY.
Could be one of the biggest short plays ever ! http://pennystockgurus.blogspot.com/2010/02/vcty-could-vcty-be-volkswagen-of-pink.html
Probably wont matter if PSC holds now that the entire market is on to this Squeeze.
WILL PSC ACTUALLY HOLD ? notice the alerts from PSC and the selling on Friday. I hope they let this run and dont take their profits.
If they alerted at .0022, their position is way below that level. PSC post something on this board and repair your reputation.
My buyer is getting shares.
New buyer is coming in for about 10 mill if he can get them. One of my clients.
PSC makes statements that mean nothing they are ambiguous at best
Whats IBOX and where do we see it ?
Why Continue to short and make their hole deeper ? Thats not a sound strategy, or is it ? it seems to me that it causes more of a delay and a higher price. They have to cover in 3 days. I still think that without knowing who is buying, if you took a count, it is possible they are covering slowly all the way up, enough to mitigate the explosion we are all waiting for. Again how do we know ? how does the GURU know, or any other analyst know who is buying an when.
Why dont they ? IF they were going to make some big buys today Im sure they have done it by now.
Why sell at all, with what is unfolding ?
This would be a real solid course of action with a way to count those. I like to have a plan with some metrics. As much of a gmabler as i am, its best to have as much info as possible. Anyway looks real good today. If PSC doesnt cut our throats we are good to go.
Cogitoero - Is there a way to count whats being covered ?
I dont want to bash PCS again, but odds are they have most of their position filled at much lower levels. Whoever writes their emails and alerts, is a word smith, sometimes I find them ridiculous, "Winner Winner Chicken Dinner" come on, seriously ! they really dont mean much. They could have no intention of buying and want to support the effort and be looking to get out. Who knows what they are doing. They are great for pointing to potential money makers like this one, but not much else in my opinion. I have made money on tier picks, but done much better on ones they never talked about.However, I hope they buy, buy and buy more.
shorting has been going on for days. When is the break point, dont the short trades have to settle in 3 days ? where is the bulk of it ? I feel like I am missing something. The more I learn and understand this the more I feel like I dont have it completely. Thats why I asked originally if the MM can and will cover slowly on the way up, consistent with their shorting, as the trades settle. IS that a good question, make sense ?
That doesn't seem likely at this point. Would you agree ?
I am the last person who wants to be negative but what is the downside risk. It sounds like there isn't much at this point, but what if anything could go wrong ? other than a trade halt.
Cogitoergo Thanks. I am not so new to this, but dont know much. I had a small company go public through an acquisition and I proceeded to lose hundreds of thousands being greedy. I started trading again recently out of necessity and have been very lucky until the last two weeks. I have taken some big losses and hate to say this but need this to work. This board has been very informative. Can I trust what I am hearing and seeing ? so far I am in long and holding. I have loaded up and wait with the rest of you.
Can the MM cover slowly on the way up if they control things like this ? or does it have to break eventually for them to cover ?
http://twitter.com/investorslive
on PCS twitter
only doubts about PCS. I am holding ETLS. Sorry if I have offended anyone.
I didnt get an alert. I checked their Twitter. Depending on how the day goes, they will alert later. It's all about them, if they need you they will alert you.
I hope I am wrong and everyone getting in now makes money. I am not going there.
Im not sure PCS has been doing what they are the past week or two, but I would stay away from it. The 70 % gain before they announced it was probably them securing a position, now they will sell into the buying slowly until they are out - it will drop and everyone will panic and it will be right back where it started or close to it. They have had some good ones in the past and followed a different pattern, Im not sure why they would do things this way.
Another PCS Alert - the alerted GETA a few min ago. Alot of Buying but someone is selling into it. I bet its over by the end of the day and back where it started this morning. PCs bought it up all morining then alerted members.
25k or more at etrade and you can have a margin account with day trader status and wont have to wait for cash to clear for buying power.
I doubt they are buying. They are probably holding and will kill us as soon as we get some momentum. And there could be many of their members still holding ETLS, thats why they need to be reached on twitter and told about the short squeeze going on and what it means, most of them have no clue what it means. PCS advertises everywhere, they have the least educated audience in the market.
PCS says they have 150,000 members. IF half of them invest $100 they can significantly impact prices on penny stocks. PCS never publishes solid information like this board provides. They announce a pick that they have been increasing their position in for days or weeks slowly and sell into the artificial news they create. If there is in fact real news their members have a greater chance of making money. And lately their pattern is to announce a new pick before the end of close, so everyone who is getting killed in the pick of the day, dumps and moves to the new one. BEDA is a perfect example, they hit it 15 min before close yesterday, it roughly doubled and then dropped back. they were holding a position around the current price or lower and sold into their own news. There are much better stock watches newsletters people should be watching. These guys remind of some guys I went to college with that got rich quick and they were always in trouble. They already have an alter EGO at xtremepicks.com. They will just keep moving.
PCS needs to be stopped in general. I dont know how long they can last doing what they are doing. They flat out lie to their members, they even go so far as to say they have inside information, I dont think most people know there are strict rules on stock promoting and inside trading that make alot of the information PCS publishes impossible for them to have before its anounced. PCS is lying most of the time or the companies they are promoting would be in trouble with the SEC. I cant login to twitter - not so good with it.
PCS needs to be stopped in general. I dont know how long they can last doing what they are doing. They flat out lie to their members, they even go so far as to say they have inside information, I dont think most people know there are strict rules on stock promoting and inside trading that make alot of the information PCS publishes impossible for them to have before its anounced. PCS is lying most of the time or the companies they are promoting would be in trouble with the SEC. I cant login to twitter - not so good with it.
http://twitter.com/stockchaser IF you can educate PCs followers you can stop the selling.
Please post this to PCS Twitter. They are the sellers !
Someone who knows what they are talking about should post something on the PSC twitter and get their members on board with what is really going on.
No Dip to 3. I think it will break open soon.