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Stocks cannot sky rocket up and stay up. It doesnt work that way. I know we all love the runs but a steady climb is much better. If you do get in a run and it is probably too good to be true you cannot let greed get the best of you and say to yourself "Ill exit when it goes little higher" then it gets there and you dont exit bcuz again you say "Ill exit when it goes little higher" then before you know it drops and you say "Ill wait cuz it will come back up" and your screwed. Take your profits when you can. Exit into buying. Know your entry and exit before you go in that way you dont get stuck. Well good luck my friend.
Exit at a 10% loss bcuz you can always get back in lower.
gmarc
Yes I am aware of what they said. The email that the person received said they will be released within 24 hours. 24 hours from this morning is the morning of the 18th. You understand what Im saying now?? It sounds like another delay. That was my point.
gmarc
The email someone posted the other day said that they would release them on or before the 17th. Now they say another 24 hours. I hope they dont release them after the bell. Hmmm getting a bit weird I have to say. Im hoping for the best though.
Some of you are comical! You say oh its not going to move before CE is removed and yet we have seen nice steady gains since .0065. Then, you say we will never hit 95, well we did. Then you say oh we will not hit a penny this week or even today with news and yet....yep thats right WE DID! No you say Oh we wont break or go over a penny cuz of profit taking. Im betting that we will on that one. I think we will see over a penny today.
Yes some will take profits but for the intelligent trader who see that financials will be released in the next week as the PR's state, they know that when investors see that everything is in line and that CE will be removed they will be piling in next week. I am not sure where some of you think that ppl are going to wait for the CE to be removed before jumping in when they can read it for themselves next week. 2+2=4 Does that make sense?
And yet Im sure I will read AGAIN that some repeats the garbage above.
Give the stock some credit at this point along with the PR's. For you who keep saying "well the pr's really didnt tell us anything new dar dar dar." YES THEY DID!!! Both PR's gave us info that we did not know. Yes we knew the dredges were on the way but we did not know they had actually arrived. So that is info we did not know. Yes we have more REE than expected, WE DID NOT KNOW THAT!!
SO FOR YOU NAA SAYERS THAT STILL CANNOT APPRECIATE WHAT THIS STOCK IS DOING OR WHAT THE COMPANY IS DOING THEN IT IS BEST TO JUST NOT POST RATHER THAN POST YOUR NEGATIVE COMMENTS. ITS RIDICULOUS!!IF YOUR PISSED THAT YOU MISSED IT IN THE 6'S OR 7'S ITS YOUR OWN FAULT. YOU KNEW THIS WAS GOING TO GO EVENTUALLY. THOSE OF US THAT HAVE BEEN IN HERE AWHILE POSTED PLENTY OF DD WITH WHAT WAS GOING ON. SO STOP TRYING BRING NEGATIVITY IN HERE AND SCARE PPL INTO SELLING. EVERYONE HERE KNOWS WHATS GOING ON.
It is a great day for SNEY and it will continue into next week when we see the financials. Yes we will see them as well when they are submitted.
Good day!
Too bad I had to waste a post and go on a rant for some of you ppl.
gmarc
I did not say it was the company's prediction. In general that many have said they will have positive financials.
If they release it after the bell then it may not be that good. Thats typically what companies will do so it doesnt interrupt trading and cause a drop. But if Im not mistaken I thought their financials were expected to be good, correct?
It was just a little humorous sarcasim. no biggie, relax.
100k shares pre market bought. Hmm something must be happening, possibly good news/filings?? Pretty rare to see a stock that isnt really doing much get hit pre market out of the blue. I like it!!
I agree with Riskon almost to a T. I believe that when their filings are done being reviewed that they will be filed and we do get to see them since it is public knowledge. Once we see their filings we will easily be able to determine just by viewing that the $40k from 2009 that put the CE on SNEY will be dropped off. I strongly believe that many are waiting just to see and not necessarily for it to technically be dropped off otherwise they could lose a substantial amount of profit waiting a whole month just to see it in a PR when they can view their filings and determine it for themselves. When investors see this next week it will bring new life and new investors blowing past a penny imo. and running up to .02 possibly .03 maybe higher. I know that is a lot to take in but big investors will be buying once they see that CE will drop. That is all many are waiting on.
Then we have production news which on top of next weeks filings is just an added bonus. I think that we could easily see .05 in no time and imo within 2 to 3 weeks if we see filings and then production pr. I may be optimistic but I know how this stock moves and I know we can be in the .02 .03 range quickly. Where we are at now will be vague memory and those that bashed and and waited to jump into this stock will be bashing their heads against their walls for not buying sooner. I think this stock could honestly see dollars. Once we see a quarterly with actually revenue and that we are actually mining gold.....well....investors will just be pooring in at that point and we will be the ones saying "You just bought in at .50 wow thats high, well im in at .0065" thunk the other guy falls on his face. lol
This is just my opinion but I think Im pretty close to be right on with this. Ive been fairly accurate so far as Riskon and others have seen. I think that you are not counting on the number of eyes that are on this and the alerts that it has set off so far with so many green days. Its on many radars.
gmarc
I think that next week when the filings are public and we can see that everything has been corrected in order for CE to be dropped, I think that even next week we will see a big run possibly up to .02. I think ppl will wait till April to hear that CE has been dropped if they can read next week in the filings that everything has been completed. Does that make sense? So next week imo will be huge and it will restore faith back in SNEY for those that need to see CE removed before diving in.
Then again, the last PR said within 2 weeks so it could also be this week that it happens.
GO SNEY!
She is looking better and better. 2 days in a row we have opened with a buy at ask .009. Before we wouldnt even get a trade the first hour. It is picking up and with so many green days it is certainly attracting attention. I think when financials are released and we can see that CE will be dropped IMO i think we will see a push up to 2 cents maybe higher.
Did you find the top 15 board? We are no longer on it but we were.
gmarc
Its good to know they dont review their emails before they go out to share holders. They said "where" when it should be "were"
Absolutely! Click "Home" at the top of your page and you will see the top 15 most discussed penny stocks on your left and forums beneath that. The more ppl that post on the SNEY board the more popular it becomes so that when someone first signs on and looks at their home page they can see the 15 more popular stocks. I do this daily bcuz typically those stocks will have pretty good volume if they are on the top 15. Becareful though bcuz it is not uncommon that stocks are being pumped if they are on the top 15 so you still have to do some DD to see if it is being pumped.
SNEY is heating up! Little more volume and we are off to the races. It was great to see SNEY gap up this morning and hit .0090. Unfortunetely, we did not have enough volume to fill it or enough buys to take us back up to .0090. We will get there though.
gmarc
You are still using a chart whether on L2 or stockcharts. My point was simple. You need charts one way or another, he disagreed and said they are useless etc. He made my point, nothing more to say.
gmarc
Alright!! Top 15 board! Was wondering when we would hit it and now we are looking at some serious interest. Let er' ride!!
This is going to be hot baby!!
I love how you are trying to turn this around on whether I know how to interprete charts. Smooth.....But you just made yourself look foolish since you said you use RSI, MACD, TRIX, etc. You are going on and on about how you cant use charts and it doesnt work but yet you state how you use all of the above. LOL
You have proven my point and dismissed yours. Thanks
For someone who says they dont work you sure do use a lot of them. PPL like you just look for an argument and your side is baseless. There is nothing more to debate. Good Luck!
Please leave it at this. This is a waste of time.
gmarc
Better yet, since you make so much money on not charting. I think everyone here would LOVE to hear how you intraday trade without using virtually any tools. Please tell us how your routine on how you dont read charts so that you can trade daily. Please show all of us who find "charting" one way or another absolutely necessary to trade. The floor is yours.........
Oh and Im curious why I haven't seen "Sliderulex's Tips TO successfully Trade Not Using Charts or Level 2" thats a big ???
SINCERELY,
gmarc
It sounds to me that the ppl that are all ticked off about charts are the ones holding the bag right now on LKEN. Had you been reading your charts you may not be stuck at .01 or reading your Lvl 2. I dont want anyone to lose money but for these ppl to sit and say that charts are worthless on pinkies sound very bitter. Let me tell you that I have started making good money by reading charts and knowing when the pullback is or when to get in bcuz of volume or when macd & trix turn up. So, Im sorry I wasnt making this money before when I didnt know how to read charts. Lucky is right maybe some of you need to learn how to properly read them. Im tellin you it will make a huge difference. GLTA
I completely disagree that charting has no bearing on pinks. Any real day trader or one who trades for a career like many I know still use charts for pinks. To say that charts or level 2, macd, rsi, etc does not tell you what flippers are doing is bogus. It absolutely does. It tells you the momentum of the stocka and when it slows down or is going the other way. I would like someone who is a successful trader who makes 20K plus a month to tell me that charts are useless for pinks. One who trades pinks. So for those of you who dont use charts how do you know when to buy if you dont know where the bottom is? I think some of you are just saying this stuff cuz you can trade without looking at the charts for SOMETHING and if you are using the chart for anything then the rest of your statement doesnt hold water.
Im saying that after you have two white candles in a row or even 3 its not uncommon for their to be a slight pullback or a dip. Thats all. It looks more like a healthy climb right now and that is good cuz it wont come crashing down after going straight up. What r u in at?
Im glad its not just me that feels charts are necessary in pinkies. lol
Hmmm, isnt that interesting. Would you look at that, we are even in the blink of an eye. Like I said, it is setting up nicely.
There may possibly be a red day today. It is healthy for there to be dips. Nothing can go straight up.
Here is a chart, if you dont see how it traded sideways where it found support at .0014 and is now in an uptrend.....well if you dont see that you may want to look into something different. This will have a run or will continue to have a steady climb. A run in LKEN is more likely. Charts tell you these kinds of things. I also didnt say it would happen on monday. I said this week. The chart speaks for itself. GLTA
http://stockcharts.com/h-sc/ui?s=LKEN&p=D&b=5&g=0&id=t13948922979&r=4959&cmd=print
Sorry thought I cancelled my post. Yes I was not aware of the time change. I assume trading started at 630 mst.
But SNEY is up 5% already, thats good! lol
Ok well I think we are starting to understand each other. What I got for you previous post is that charts and ultimately L2 are useless. Thats what I was having a hard time with. Seems to me that you upset about the mm munipulation and games. We all are for that matter. But the bottom line I think I understand what your saying. I assume you were burned recently by mm's?
Your comments are more based on "well mm's munipulate and play games so therefor there's no point in reading a chart bcuz it doesnt really matter" right?
I have to laugh. You are the first and only person I have EVER heard say that charts do not show you anything, not even for pinkies. lol. That is so false. Charts show you everything about a stock. Charts show you the momentum of a stock before you buy or sell. Volume shows interest! Your debunked in two seconds buddy! lol LKEN's chart has turned bullish with Macd and Trix crossing over. I guess the price increase in the last couple of days of trading dont mean anything either right? lol Sorry I cant stop laughing. Charts also show you where to get in, but then again you sound like a successful trader not using charts. lol
Any trader who has been trading for years and who has experience as a successful trader would tell you that you have no idea what you are talking about, respectfully. Thats all trading is is reading charts finding the next stock to bounce.
LKEN just happens to be coming off of the bottom and traded sideways and finally turned bullish. Funny enough thats actually how I knew to get in before the price went to .0016. I would say that in public blog where ppl trade stocks and tell them that charts dont matter. lol Please tell me how you think it will drop past .0014 when it held there for several days and please tell me how there is going to be a drop if you dont look at a chart? LOL good luck buddy.
I do agree with you whole heartedly about the mm munipulation, absolutely. But to say that charts are useless, I just dont or cant agree with you buddy. Matter of fact I lost money by not reading charts.
gmarc
I have to disagree buddy. I think LKEN's chart is setting up nicely coming off of support at .0014. I think a run will start this week possibly monday and if any positive news is planned to come out before the financials then LKEN will release providing additional momentum for the run. But again, it is very likely with volume building, increase price this past week so positive gains, and we popped above the bollinger bands, Macd & trix both turned up. I think we will have a run based on that information imo.
I think it was 3 days ago I posted in here and said I think LKEN will run very soon imo. Anyway, GLTA! Make lots of money and if the financials are as good as some think then it would be great to have a new high.
gmarc
Are you talking about how the market makers were lined up on your Level 2? If so, thats not exactly how it works how the support level that you are talking about works. The mm's change their bid all the time. Thats only how they were lined up at the moment as more buys come in and volume picks up you will see the mm's start moving up close to the actual bid/ask. But that is not how you determine what support is you have to look at an actual chart for SNEY to determine what support is, its not how the mms are lined up at the time.
RnR I would get a book on trading or look at the educational area here in ihub or what I would really recommend is going to stockhideout.com and become a member its free and go into the blog daily. They hold classes after trading is over on the basics as well on Equity Feed (level 2 program that is AMAZING that I also have. You can scan stocks and find the ones that have volume that are going to run or that are down 50% so you can play the rebound. PPL are making a lot of money using that program. It also provides the latest news as soon as it comes out so you can play them. If you day trade it is a must! Well worth every penny!). It is a great organization becuz they really do help you become a better trader. If you are still learning and want to make money you can subscribe to topstockpicks.com (call supernova newsletter and Stock Analyser finds you stocks that are getting ready to breakout and run, typically. He has picked stocks that ran 150% in a day, 50%, 75%, the guy is extremely good at what he does. So if you dont know the technical aspect to trading and are still learning then I would subscribe. It only takes one trade to make back what you are charged for the year. You dont even have to be new to want his picks. I know many traders that have been doing it for a long time that signed up as well including myself.
I am not promoting it or anything but they have helped my learn so much since I started coming there everyday. The moderators in the blog will also help you.
RnR I say all of this to you bcuz you are going to lose your money in a flash if you dont learn more before you start trading. There are websites you can go to a paper trade. This is where you play with monopoly until you get the hang of it. There is no point in really losing money when you have Stockhideout and their educational information like video after video on how to read charts or trade the pullbacks. Im sure ihubs is pretty good as well. Im not trying to make you feel bad Im only telling so you dont lose money cuz it can happen really fast.
If SNEY drops to .68 .70 then that is a good buy imo but dont count on 52.
I hope this helps bud and again Im not baggin on you just tryin to help you bcuz you need to learn a bit more. GLTA
Since Im all out of posts for the day feel free to email me at g.marcantonio@cox.net
gmarc
SNEY on FIRE boys and girls!! I had a good feeling about yesterday with it closing down. You can never have a stock keep going up up up, there has to be pullbacks. Its healthy for it to do that. So far so good!!
GO SNEY!!
1 post left today. sigh
SNEY is in a very nice solid uptrend. We are not having huge runs which are ok and good bcuz with that come big pullbacks so slow and steady. I will take these 10% gainers every other day. But I am not saying we wont have a big run it could very well happen and soon. Today looks good just watch for a selloff at the end of the day around 330 340. Traders dont typically hold over the weekend.
Well, I have missed everyone run in LKEN and I dont plan to miss this one. IMO LKEN had found very strong support here and has been trading sideways so no more down trend and it closed up 14% today which is the 2nd day in a row closing green. I believe that we will see the beginning of a run and if financials are due out on the 15th which are supposed to be good from what I understand then all next week could be great. Traders typically want to get in at the bottom or when the upward trend starts so if you got in at this level I think you are sitting pretty. If you are way down like I see some of you then it may not be so bad soon. I would recommend you sell at a 10% loss bcuz it will take the stock to gain 12.5% for you to break even. Even if you are in this for the long haul there is nothing wrong with selling at 10% especially if it is going to be a big drop and buying in at a lower price and typically you will end up with more shares. JMO
I hope that we have one of those runs where it runs to a penny. I will be a happy camper. Either way I dont see it going down from here more should start buying in tomorrow imo. Well, good luck and hang in there.
gmarc
SNEY Great News!Big Day Tomorrow "Caveat Emptor" Filings being reviewed and it will be dropped!
Dredges arrived in Africa and will be ready to produce gold soon!!
http://finance.yahoo.com/news/Sunergy-Update-ETA-for-3-iw-2544706429.html?x=0&.v=1
The Company is also pleased to announce that draft Financials are being reviewed for filing in the next few weeks. These contain the 2009 10K and 2010 10Q's for quarters 1, 2 and 3. Once signed off by the Company's Auditors and filed and accepted with the SEC, the Company will have fully satisfied its reporting requirements and the Caveat Emptor status should be removed. The 10K for 2010 is also being prepared but is not due for filing until March 31, 2011. Virtually all the information contained in the2009 10K and 2010 10Q's will be reported in the 2010 10K as well. Once all filings are complete, the Company intends to re-apply to list on the OTCBB and is committed to maintain a fully reporting status to ensure a higher level of transparency.
P.K. Medhi, Chairman of the Board of Directors, says: "We have always preferred transparency and have always been a reporting Company. Last year our financials were delayed because of accumulated debt which has now been fully paid. In fact, we were able to retire all our outstanding debt last year and are poised now to put all our financial assets to work to advance our substantial mining projects to early cash flow. We look forward to publishing our financials and to return to a transparent format. We believe that our shareholders will be pleased with our 2011 performance."
Macd & Trix both heading up
http://stockcharts.com/h-sc/ui?s=SNEY&p=D&b=5&g=0&id=t65710129285&r=8092&cmd=print
SNEY NEWS! Dredges arrived in Africa! 2009 filings are being reviewed and will be submitted next week and all debt has been paid! "Caveat Emptor" will be removed!!
http://finance.yahoo.com/news/Sunergy-Update-ETA-for-3-iw-2544706429.html?x=0&.v=1
Go SNEY!!
Your email doesnt work that you sent me. Would you believe that I got banned from the other board? Me! Here I tell the mod to get rid of the bashers and goldstriker and his insults and I get banned. What a bunch or garbage!! Tell mods that they banned the wrong person!! Oh sorry they limited my posts to 2 per day. What a load of crap. I contribute to that board and Im the one that gets punished here. BS!
only got the one in my mbox
We have 3 white candles showing that we closed positive the last 3 days of trading. The same thing happened last week and SNEY ran up to .0095. So, looks like we may have another solid run tomorrow. The only thing SNEY is lacking right now is volume but its picking up. Lets go SNEY!!
gmarc
.0073 Slowly climbing. Keep it up!
Look at SNEY's news history, 99.9% of the time it comes out in the morning between 9:04am est. So if news is not out by then we typically do not get any. I am not saying that it wont happen but they typically put it out in the morning.
gmarc
We will always see a quick run for a day or two when the chart's techicals look good.
Oh I disagree adm. There was no big sell off or anything like that. Day traders that did not get the push the wanted (volume) to drive the price higher or make it run simply sold towards the end of the day and maybe a few others that thought news would be out today. So, no scare tactics worked. Many other stocks were played that had news, that is all imo.
Well either way African Minerals pps is around $503 so they are a serious player. Either way it is good to know that a company like that is over there digging as well.
gmarc
Wow, that is great news. THanks Roth. I hope the news that he is talking about will be out soon.