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nah, its coming.
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WTVI finally due for a bounce... almost a complete retracement back to where it started the run up.
in for 750k at 0.0043
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wtvi buys coming in...
PMCL is going to continue the run tomorrow, imo... news came out 2pm on pinksheets but isn't out on yahoo yet.
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cmt%5C2007%5C05%5C04...
PMCL -- Pharm Control Ltd.
Com (1 Cent)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Pharm Control Ltd.: Pharm Control Announces Formation of New Marketing and Distribution Unit
May 04, 2007 (M2 PRESSWIRE via COMTEX) -- Pharm Control Ltd. (NASDAQ OTHER OTC: PMCL) is pleased to announce that after discussions with European investment bankers, the Company has decided to form a new corporation called Natural Medicines AG, which will serve as the Company's marketing and distribution arm of in Europe.
The Company intends to spin off by way of stock dividend ownership of this new entity to its shareholders. This will be done after the Company makes the necessary arrangements to list this company on a European stock exchange in the coming months.
Further information including dividend dates will be forthcoming.
About Pharm Control Ltd.
PMCL capitulation was this morning... the good thing is that once capitulation is over and it is clear that it happened, people will jump back in. OTOH, when I stock is just bleeding slowly for ever, nobody jumps in because they don't know that bottom has arrived.
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PMCL volume now really starting to come in...
nice...
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PMCL is gonna have a huge bullish candle tomorrow... going to draw a bunch of chartists in tomorrow...
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well, I guess it's bettter to have em and not need em, than to need em and not have em...
lol
For PMCL I was waiting a looooong time to get in cheap... and this capitulation over the past 2 days was a clear bottom signal, imo...
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For PMCL you don't need elephant nads... this is ridiculously oversold and will double from here, imo, easily.
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PMCL buying is now coming in...
lookin good.
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PMCL is coming back... interesting. I'm in...
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Still holding all of my xtms... looks like a nice, solid bounce is forming.
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XTMS is going to run, IMO... very good risk/reward ratio at this point. Coming off a solid bottom at 0.002, imo... last time this ran up 10X.
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Green is definitely the goal. Nobody should have to defend themselves... you're right.
I got ahead of myself there.
I just wanted to point out that 15% would be too little on xtms.
anyway, hope we all make money this week. This stock sure is setup nicely.
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XTMS: Sweet entry... looked through your posts... some very nice bottom bounce catches.
Gltya this week.
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But on the other hand, being conservative can also kill you. IMO you have to know when you need to be conservative, and when you have to go for the jugular. Or the carotid, rather.
You need to adjust your trading style to the type of stocks you are trading. When I trade big board stocks, I'm thinking more along the lines of 10%, I am happy.
Pinks, otoh, I look for much much more.
The problem is that lets say you are happy with a 15% move in the pk stocks. You might take a couple of 15% gainers, but each time you open a new position, you are taking the risk that the stock could drop 80%... 90%... take a look at EWDC... when this was at 3c, and dropped to 1c, if you tried for a 15% gain, you would have gotten killed, when it subsequently fell ANOTHER 80% or so to 0.15 cents... You could not recover from that destruction with 10-15% gains... you might get another couple, but then you would stumble into another 80% loss and it would be over.
Now looking at XTMS, in the past 1 trading day ALONE, it went up 13%. It has been bottoming over the past week or so, after a huge fall from 1.0c, and even from 4c... If you are playing a bottom bounce off a stock that has fallen 95% from the high in 2 months, then it is really ludicrous to only expect a bounce of 15%, imo.
but gltya
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Well, I guess you an I trade in totally different ways. My trading style is to find bounces that are going to happen within 1 week or less, in companies that I really think are waaaaay oversold. And part of the game is knowing how much of a bounce you can expect. With ecfl, I knew the bounce was going to be small, so I held out for 20%... with PGSW and ABSD, I knew it was going to be huge, so in both I held out for 100%... unfortunately for absd, I sold on the 2.2 on the way back down, because I got overly greedy... but it had gone up well over 100% as well...
I would be very surprised if XTMS did not bounce 100% this week, and shocked if it did not bounce 50% this week...
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You have gotta be kidding me!!!
10-15%? take profits? If I did that on my last 2 plays, I would have left a HUGE amount on the table. Both of them more than doubled in a few days.
Think big, man!
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XTMS: Man it sure is quiet here...
TOO QUIET!!!!
lol
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well, glad you can join.
I'm just saying that you shouldn't get out at only a 10-15% gain... think in the hundreds :)
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XTMS: The other X-factor that doesn't show up in charts is the fact that the bashers have disappeared from the XTMS board,
2) If you look intraday at the past 5 days, you will see the price action in the morning on thursday was very bullish.
Also the intra-day "floor" on thurday became 0.0023, up from 0.0020 or even 0.0019 the day before.
3) XTMS is cancelling shares, and shares are now 47% more valuable than before
4) Several Gurus on this board are recommending XTMS
But if you plan on buying the breakout of 0.003 and are using this channel as a guide, imo you will be buying next week, anyways... just paying a bit more :)
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Heh... I'm not apologizing yet...
I will apologize next week if XTMS doesn't break 0.003 by the end of the week... this is the clearest example of a bottom bounce I have ever seen... and there is practically no risk, imo
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XTMS: Heh... one man's channel is another man's bottom bounce...
We'll see who is right next week. I'll apologize if I'm wrong, and I would expect you would too.
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XTMS shorts will be singing this song next week...
XTMS: Where did you get in? If it is below 0.0025 I would have to say nice entry as well.
Once again, what is hilarious is that everyone is watching this stock and wants to get in on Monday but nobody wants to post about it so they don't have to really pay up... lol
and everytime I post about it, people are like "cmon... shh shh... I haven't loaded up yet!!!"
lol
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XTMS: Nice call... this one looks very good for Monday.
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Excellent call...
I bought in a little higher at 0.0022 but this definitely has a great week coming, imo.
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How about a 10-15% gain in the first hour...
sheesh... do you think you are trading a nasdaq stock here?
With the massive beatdown that xtms has taken up to this point, falling 95% from the high of 4.1c, you think this is only going up 10-15%?
with that trading strategy, you are going to lose big in the pinks... If you are buying a pk stock that had the volatility to fall to 1/20th of it's price, you could have easily bought in at 0.01 and lost 80% of your portfolio. It will take a hell of alot of 15% bounces to make up a 400% gain, which is what you would have to make to get back to 0.01 (from 0.002, of course).
On the other hand, if you wait for 200% to 500% gains, then you might be able to make it in the pinks.
gl
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I'm also very happy to be holding and I'm only up 13%...
the key is how the charts look and what we are expecting on monday. Should be a nice week.
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XTMS, baby!!!
imo this is due for a nice sized bounce in the next few days.
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XTMS: Smokeeater? Is that you? Were you in on ABSD, just like me? when it ran up 150% in 2 days???
could it be???
IT WASSS!!!!!!!
lol
http://www.investorshub.com/boards/read_msg.asp?message_id=18258331
XTMS... this is really funny... once again, just like with ABSD, nobody wants to talk about this stock symbol until they load up on monday... hehehehe I know the feeling. The day before ABSD ran up, NOBODY wanted to post on this forum about it... then, as soon as the market opened the next day, it ran up HUGELY and you all know what happened there...
lol
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Oh yeah, and with PGSW... the pick right before that... that one went from 32 where I bought to 83 in like 3 days.
lol
this is lookin real good... if not Monday, then Tuesday or Wednesday.
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I was, with ABSD, my last pick... bought in at 0.015 and it exploded the next day.
Trust me, it's hella fun.
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This is going to run next week... I'll bet 11k$ on that... I would be absolutely shocked if it did not.
I would have been absolutely shocked if my ABSD.OB that I bought at 0.015 did not run up a few days later, and guess what... it did.
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You had 5M shares of a 0.04$ stock? That's 200K into one penny stock... DAYUM!!!
So what is your position in xtms... you could probably buy 200K$ worth of xtms and buy it all the way up to 1 penny... lol
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Looking good, folks...
I have to say this is looking alot like what my ABSD did the 2 days before it nearly tripled... much more interest in the stock on multiple messageboards, the sentiment has turned much more positive, and various gurus picking the stock up and recommending it.
My only request is that the vast majority of traders may not be aware of this stock. They won't see it until it runs up 100%... so I think we would be doing a favor if we let them know about it, before it runs up. If everyone on this board would just bring XTMS to the attention of whatever stock messageboards you frequent, you would be doing those people a favor... Crucial times are tomorrow night, and early monday.
This stock has all the indications of a huge week starting monday, and all we have to do is let other traders know about it.
glta
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XTMS bounce starting on monday...
Of all the bounce plays, this one looks the best, imo... long, protracted meltdown from 0.04 to 0.0020... then stayed constant/churned for 5-7 trading days, then came up 20% off the bottom on strong volume.
This company is also even CANCELLING shares... so each share was 47% more valuable.
Looking forward to Monday.
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Well, I bought at 0.015, sold at 0.022 and the stock is nearly cut in half there, making 3.5K in the process, so I must be doing something right... lol.
Out of respect for one of the posters here I will leave this board to it's devices... but I just have to say that I have seen this many, many, many times over my 8 years daytrading and when you see something this "oversold" bounce back 30% (to 0.015) only to get crushed back down again to right where it started, it doesn't look good.
Don't get married to a stock, imo.
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