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Yep, I tried to give this ticker to a friend from Germany here where I live who is struggling to get by, not like there are good jobs in S.A. I begged him last night to put $5,000 into EEGI but he wanted to take the advice of a "smart" economist he met at a ayahuasa retreat (think Peruvian Shamman natural herb LSD spiritual camp) a few weeks ago that convinced him to put $10K into CCWO....f instead Go look at that chart Going nowhere fast, go look at their chart and tell me what a complete mistake that is Said he was looking for "Value Stocks with fundamentals" and yet he is very much needing to make money. EEGI up 60% and going up as I am writing this and the stock he chose up 6% and will be going down You can lead a horse to water but you can't make him drink
Power To The People.....
I'm getting a little loaded too. Just finished a Cholo Mule (Pisco, mint, Perkins Organic Ginger Beer (made in Peru) and lime juice) at Crepisimo in Arequipa and heading over to Las Grigas now for some world class Peruvian beer!!! Good luck with your getting loaded and no need to wish me luck, I'm an expert
That's great, if there is anything I learned from being self-employed as a home builder/land developer of residential lots in Texas for 22 years EXPECT DELAYS !!! Nothing out of the ordinary going on, I am confident they want to see their stock take off and Joshua knows how to make it happen; We are so lucky; enjoy the ride
Let's hope for a better game than "Lunch Over Time" as it pertains to Monday-Wednesday when it went from green to red. Red your posts on INC---c, sorry for the rough week there. At least you got this EEGI to soften the blow. Remember, IT'S A WAR!!!
Did management say news was coming or some other speculative source? If it was management, I am sure it will come and there is most likely a good excuse it has not arrived yet. If if was another source, what can not be denied is the new CEO and his record!
EEGI Monster in the making
Yea it did; 20+million bid at .003 or 31 and then about the same amount at .0035, thought about flipping a little to pick up more shares but declined; Betting some flippers got caught off gaurd and lost shares this morning; Serves them right
Things are looking good early; We get over .005, close near the high on higher volume than yesterday they will look better Looks like we are well on our way for higher volume than yesterday!!!
That happened to me several years ago more than once Law, CPSZ in 2013, I spent 2 weeks getting them at the low of the day(.001-.0011) to collect about 17 million shares then right after they dropped to .0005 and I got out with a big loss only to see them go back up, me not going back into them then they went on to give sellers a complete month to get out at .017ish
Then it happened to me again the next year 2014 where I put in $21,000+ into KGET between .0011 and .0015 saw them go to a penny in about 2 weeks and then while on vacation in the DR they went down every single day for about 2 weeks so I finally got out with a $4,000 profit and they sprung back up the same day as I sold them and went on to .045 about a month later exactly where I thought they would get to and what would have given me $450,000 dollars.
My scanner settings give me about 800 charts to go over every night and I will tell you EEGI is the stock that is in play!!!
Hey MEB, good to see you this morning. Sometimes that does happen about it bouncing around on the support level but I am hoping with this kind of volume that we have seen over the past 2 weeks that it takes off more immediately. Just a hope, not really into long relationships with stocks!
Not really wanting to see the volume die down and it fizzle out!
Know exactly what you mean and I usually have fanatasies about pounding their heads into the pavement lol.
What platform do they use? Stocktwits? Twitter?
I know, when I was looking at it about 12:15 Central Time it was not yet to 2 billion shares and I started Skyping with an ex-girlfriend who lives in Ecuador and I look at it 30 minutes later and it's had plummeted and the volume almost to 4 billion. Tragic
Yes, that is correct.
Amazing you noticed that so quickly; I guess I am not fimiliar with how the star system works; hope moving from 2 star to 3 is a good thing
Nice Day for Bungee Jumping!!!
Go EEGI
Wow, I was thinking about going in yesterday and regretted not at the EOD but still told myself "they will come back down and I will get them later" and then I was just thinking 30 minutes ago if I should pull the trigger and go in. Made a phone call and then looked over and saw this! Don't tell me another Tim Skykes play?!
Absolutely, unless some concrete info comes out that would tank it and you can't trust info from certain types that will show up on ALL boards where a stock is going off. There is a percentage of success and failure in charts; I think things look good and nothing out of the ordinary pre-market bid and ask look bullish; over 11 million bidding at .0035 before 7:00 this morning and 3 million several back at .0042ish on L2 and now both the bid and ask are above yesterday's close 20 minutes before the open 0 pre-market selling !!!
It is pretty obvious which will be which and it will probably happen sooner rather than later; should create an exciting summer where you are at winter where I am at
Thanks Law. After the adjustment this will only help the small guy out!
Yesterday there was a discussion about technical analysis, charts and if they work with penny stocks; they do! What gives me confidence with EEGI is what the the chart is doing. I love the TDAmer Think or Swim trading platform and how you can customize charts anyway you like and I love the 2 month daily chart on this one, it really tells me how far this thing is about to go.
Some people might look at that chart and say, "It's a Head and Shoulders" because they see a head and 2 lower valleys (there is only 1 valley created so far with EEGI and really to me, that is like a lot of people from South of the Border who are Catholic see the Virgin Mary in every cloud or tree stump!!!) and that and not consider looking at THE VOLUME because when it comes to charts. The volume must match what is going on with the price, there is a reason that charts include both!!!
. Charts are NOT 100% just like weather forcasts back in the 80s and Charles Dow assigned percentages of success and failure to different chart formations that he created from studying the tulip market in Amsterdam in the 1600s; the guy was a genius!
What EEGI has done the past 3 days is called a Bullish Wedge if the formation does not fail; it goes up on stronger volume!. For the past 2 days, not only has it gone down but the volume matches in that the volume has decreased each day from the 1st red day! Sellers, the supply are becoming more scarce! Has the wedge been completed? Do we have another red day on less volume or will the buyers the demand overtake the supply; the Bulls overtake the Bears?
Thanks for clearing me up on that LittleBird, I was out for a walk after the market closed yesterday thinking about how that could effect a stock that I owned like EEGI.
I'm sure whatever happens in September the Market/Traders will adjust and maybe it will be for the best. I've always felt that tighter regulation with securities would be best for the little guys maybe this can be a step in the right direction!
I heard it was coming May 25th but that could be just TDAmeritrade. Hope you're correct.
I keep both an ETrade and an TDAmeritrade account but only use my TDA account; I have less than $2 dollars in my ETrade account but was planning to move money from TDA to Etrade because TDA is about to retrict buying of non-currents but now you are saying it will be ETrade as well.
Surely there will be some brokerage that will allow trading OTC stocks that are not current that will take penny stock traders away from TDA and ETrade, I sure hope so. If not, I guess peeps will be trading penny stocks that are current and that might encourage companies with CEs and Stop Signs to get of their ass and get the paper work done a little faster!
If you sold, where would you put the money? This one!!!!
We're about to get over that .0043 hump!
I didn't take it that way Law (didn't seem snippy at all). I commend people who use 5 minute charts to day trade; like the Clay Trader followers but it is not for me and I scratch my head if they don't go for bigger gains by hanging on longer; OTC has changed a lot over the past 10 years because of them and a trader has to learn to adjust to those changes.
I rely heavily on charts with sub-penny stocks; not 5 minute charts but daily charts. After 17 years myself in sub-penny stocks I think to trade without charts, for me, is to do it blindly. Yes, many of the traditional charts like head and shoulders do not apply here but scallops and flags are almost always present in sub-pennies, this is where you find scallops (bowls) and I put a take Japanese Candlesticks serious too! It's what works for me
Should bounce hard with all the sellers gone!
Go EEGI $$%% Monster!!!
Ok and that is fine if you want to invent names of your own and mis-use (in-correctly use) what most who have studied Charles Dow's work would call it. I would call it a peak and a valley. I did go back and re-vise what I meant for what I meant for "years" to develop.
Wasn't trying to step on your toes. Every read the Bible? Here is a verse that I have always taken to heart written by the smartest man to ever have lived, King Solomon:
Proverbs 9:8 Do not rebuke mockers or they will hate you;
rebuke the wise and they will love you.
Have a nice day
Technically speaking, if you study the work of Charles Dow, the guy who invented all of these formations such as the "head and shoulders formation" back in 1882, this is NOT a head and shoulders formation in ANY since of the word!!!
A Head and Shoulders formation is always found in stocks that have spent 6 OR 8 MONTHS TO DEVELOP AFTER IT HAS SPENT PROBABLY A YEAR OR TWO GOING UP developing and you will NEVER find them in sub-penny stocks or stocks below $4 dollars for that matter. I am not going to tell all of the details that can be found in the book "Technical Analysis of Stock Trends" published in 1953 if my memory serves me correctly
Kinda looking like it could happen in the next few minutes or so...cleared a lot of the seller out of the way
We are not far from this closing in the green today and reversing this current trend; Stocks have peaks and valleys - we go above .0042 and we are in the green!!!
A lot less pre-market trading today hopefully that is a good sign for EEGI
No website, no filing disclosure and a 100 Billion AS! What is up with the recent moves? How is that possible?
$30 would be sweet for sure Lol
Thanks, you made my day
Thanks; got a 10 milly starter there after watching for the since the weekend. Figured it was the right timing
Tuesday's looking terribly good so far!
Go EEGI %%$$
Lol, How terrible can Tuesday be after Murderous Monday when we have Woeful Wednesday just ahead?
Well, maybe that means we bounce pretty hard tomorrow!
I never trust the law!