Target swing trader, never ever day trade. Option spreads or micro stocks.
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Mine looks funky but it got 4 option spreads tracking and only one baby stock.
I hate the big market here but you can make money carrying spreads and selling time on one side.
Got'em.. Thanks..
45 also now.
Anybody want to drop 10 more on me.... I'm bidding.
Mine like usual here Rich.
Years ago I was early in the CBIS trade, got what I thought it would go to and watched it continue well beyond my projections.
The Canna "cult" gets on this it could see a nickel, as my under estimate on the other proved to myself.
There is plenty of head room for this to go up but my target on this news coming is June- July overhead. How much promo it gets and from who would create the dynamic beyond the normal news push.
All I know of now is the interest of this news creates.
Thus it's a buy and hold in my opinion..accumulate and wait.
.00?
Sounds good..
I actually think we will see more outbound weekly sellers near the close.
I would take 10 more if they show up. Got company and it's hard too watch just right now..
Any of you guys/gals with a .0002 sell order in the system take it down or move it to .0006 or something like that.
Love to see how few we can show there before the close...
Every trader who bought this week wanted to double their money. Didn't happen...ain't gonna happen today.
Pull them...
The wall blocks the stock period. Most people have L2 and see it, so why buy for short term. Does not bug me much as I'm looking to Dec.... Have a good W/end all.
Your theory is statistically proven... Spot on.
And the psychology for the wall is factual also.
This getting traction is a process and it works itself over a little time. Not the last, nor the next news break. Hang in there.. We have help coming our way.
Volume, then strength, then PPS as accumulation occurs will began it rise.
Bears.... Oh yeah thanks for terrifying the flippers... Yes I did get a fill.
This was .12 a year ago.... Was .0007 a few months ago..
Now where does Fong want this in a few months.... I'm thinking at least 500% where it is now. Maybe 1000%.
The stock right now has volume and is shaking out old longs. That is good..
Look a L2 right now people.... How many sells are stacked on the .0002 ..... Yep about 70M.
How many were there yesterday? About 170 to 190M.... Where did they go... Flat trade @ .0001.
This is a stronger stock Monday because that wall of .0002's will not be there...
Let the one tick traders get out.... Let the swing target traders get in. These bears that have repeating last 50 posts mean nothing but a hit count on the posting rate.... And that is actually a good thing.
It's Friday, traders need to get out.
I did get filled on 5.3M but would like to finish the 10. I do not see the 5.3 on the T&S ticks... All I see is 9m,2m,9m,1m,9m,9m,9m.......
Bid side looks good...
Anybody wanting out can get out...but seems no one hitting 43,000,000 offer to buy at .0001
.0002 is the new bottom for buyers. Still lots of low risk money to be made here for 30 day holders. 3X to 5X as this news develops.
News will get stronger, there will be many more eyes on FFFC.
I don't spend anyone's money but mine. I trade only stocks with future catalyst good news and technical setups that should rise into congestion zones well above the zone the stocks are trending in.
We have a trading zone we are in, a technical zone well above price we are in before congestion slows the PPS rise, and good dynamic news in the near future... And, it always good to be early......
The question always is, enter???, wait???, or watch???.
Your DD is required as always.
No mick... The previous close was a sell tick of .000099 .
Yesterday traded in the .0002's but ended on a sell tick of .0001 .
Thus the close you show of + .000001 was spot on .
Hide those .0002 sell orders folks. This gets thru that wall there it will migrate up on its own. The July target is very obtainable and just above it is .001 .
When we show momentum this will have a dynamic of its own. The conditions are very good now with active news and product launch very near.. The news for the next 30 days will be extremely positive and the ground floor right before your eyes..
DD here should make you money ... Targets are June - July trading range .0005 - 0007 .
I bid 10M more at 0001 5 minutes before close just to see if anything was going to get threw in...
No size was chunked in.
Will try again tomorrow. This will start increasing once the 0002's get chewed thru.
Hide those orders. This has got a lot of potential and is setting up fine. You want 5X in a few months you will not get it by flipping off at 0002..
Stay proactive. Don't feed the bears, they have a right to voice their opinion. Hard not to argue with them but in pennyland there are many opinions. Pro and con.
13M on the buy at 0001 x 174M on the sell side at 0002 .
If you want this to run to 0005 and up you that have been here awhile are gonna have to pull those 0002 's off the ask. You are capping the stock. It will migrate up from here if you move these orders.
But not today unless it get played by a room.
The conditions are in place for a good performing move on FFFC.
Playable sector, good news, anticipated good news by Dec, PRs by the company, etc....
Those with L2 know what that wall will do... But one good thing it keeps the day traders out.
Gotta run... Options done till last few min of day..
There is the chart, thanks mick...
Look at it... Volume will get it up there to June / July overhead supply.
I dont think .0002 is a sell price. There is plenty there to buy and still profit as this moves up toward congestion area.
Let technical indicators, not lunch money determine sell points.
The bears are gonna converge here also... Just remind them it's a sub penny stock... It ain't intel or Apple.
You get in these for potential.... And this one has many times it's price that...
I saw that too looking over all this Spark.
I think look left at the chart. The congestion in July of 0005 to 0007 should be easy target before Dec. this should garner interest and volume as PRs come out and DEC gets nearer.
I'll accumulate and hang for that target. Was in my last one 5 months.
I trade option spreads so in the market everyday...
True, I agree.
But I got a card sent to me from turf equipment suppliers... 50 different banks COULD have sent one but proprietary cards are normal.... A year later I used the card at a dealers for 48 months 0 interest on a mower. Could have paid for the mower but 0 is 0 in my book....
As you state many banks could do this, but for the canna industry they WON'T..... They will though back them from the back room I figure as it's transactions and fees they are looking for.
Some financial institution is behind every card.... You just don't see the name and the bank is still scalping their cut.
Banks DON'T want their name on this industry card, but DO want the $$ they can suck from it..
I think it may draw interest in time....
I've read everything I can read on this for 3 days.
These folks might be on something opportunistic..... Something other bank cards are wanting to stay away from, But something that local, state, and federal officials are WANTING. The cash transactions in this industry are untraceable.
[color=red][/color]If the card gets some kind of regulatory conditional approval it could be to a degree supported or required by the tax paying companies and regulatory officials to put constraints on the non tax paying side of this business.
That being said... Financials are weak, R/S very low probability and looks as reported to have been call off. Cost to develop is minimal. Market is actually huge right now and growing. (And could be legislated)...
Obviously this may get traction on towards Dec.. Interesting and will watch.
PB, I see you as an ally, not an adversary. Many here as a fact.
I'm not beating you or the stock... Just was trying to evaluate the "risk" potential of those extra shares and initially making sure longs knew what was filed.
I do have frustration with John. I know when he puts out a plan that doesn't come together, and then it's 4th down and 8 to go you/he will have to punt.... He punted.... No risk to him.........but risk to every shareholder.
This stock right now is illiquid. One big holder wanting out can break it down. It should recover but it will put investors on the sideline for a time or give those that exit there a loss, or a chance to avg down.
Once John uses shares as cash or credit they are out of his control and usually get cashed in.. It happened in the summer on appx 400M new shares....but I avg'd down big at that time.
I am not following IGEX other than being on IHUB and OTC studying another stock.
I am hoping you guys do well here.... Not beating y'all up, not wanting PPS down for a re-entry....
You holders are experienced, you will make good decisions.... Good luck on this one...
Not any person on the planet is going to buy a company with twelve hundred dollars revenue and $300,000 expenses last Q.
Sorry to be negative, but I think John put it to the ones who believed in his dream horse... I did not make near what I thought this could turn out to be after holding and adding for months. That was the reason for my silence.
Once the state SOS form came out it is what it is.. No assumption any more.
I actually had thought about getting a small position while it was down but looked at Nevada SOS for just as a possibility as this... There it was.
As I said yesterday.. I'm not interested with business with John.. I had over 20M a few months ago and was very bullish. Nothing happened with growing the business in the time I earmarked.
Maybe it will move, maybe news will come and be good. My fear for longs is this share count is not priced in by them yet...
OK I see it now... The 2.5B was created on 10/2/2015...
On that link go to the bottom line where it states 21 last entries..... Open that one... The top entry is the one from 10/02/2015. Shows the new share count.
That is the kink I was talking about.... Dated 9/03/2015
The last SEC doc stating 915M shares is dated 9/23/2015.
How can John put out truthfully one for 9/23 knowing what they filed on 9/03/2015.
As long as you know what you got everything is cool. When there was the lesser I was a comfortable long..
Guys... I still have a problem so I did sell a while back.. Last SEC filing shows 915M shares and was dated Sept 23 2015.
The Nevada Sec of State filing of Sept 03, 2015 shows 2.5 billion shares. The same man files both docs.
I'm not wanting to argue outstanding vs allocated as I don't think moving allocated to live outstanding is nothing but an in house transaction.... The people that need to know find out so much after the fact there is no room to recover and may find out months later.
I believed John a long time but I don't have that warm and fuzzy feeling any more.. After selling I did not follow this at all for a month so I know I've missed much discussion.
Have you guys put your eyes on the SOS docs and seen this filing and discussed or appraised it for what it is?
Some good people here and I got to know them fairly well as we battled the bearish traders. Yes I sold all mine sometime back. My disappointment was no revenues, after promised cash flow positive revenues in Q2. That was not delivered.
I have not followed this for several months and do not know why the lull in PPS today.
I'm not a buyer for IGEX at any price. They are spending money but not making money.... One of the top 10 rules for small cap stocks is, Never get baited with a news report of ""the next news will be the glory news"" and that's what John had did several times.
It was a very profitable position for me but I held for 6 months and did avg down several times..
Good luck on it, be careful with it. Somewhere soon John will either make profit or dilute the share count as a source of funds to run the thing on....
Hopefully these sells are not front running news.
Mercy, I think I'll go get back on the tractor.
Crap.
I'm with you PB. This will migrate to its appropriate value without news.
News does bring the flipper crowd. We need the investor crowd. The ones that hold for a decent and realistic target move an not the next three micro ticks.
I think news is imminent. I think a good run is imminent. But a boat load of traders that does not get rich in 24 hours just allows the bears to shake them out and the stock to sag as it is now well below what it should be trading at.
Less than 5M. .... Way to hang guys...
Technically good hold...
Technically a DOJI today will be a positive thing... I mentioned this AM a 5m share day is possible as buyers and sellers are at a standoff.
Its all trading psychology playing out. Who's gonna blink?
Hang in there... We gonna be alright. But you do what you gotta do.
This should be laying around .01 - .02 right now
It picked Momo traders that kill it. That is way bear raids and shorting work to drop it lower and lower.
If you are not going to hold it for max, till the chart technically tells you to sell you should be gone. With that said, the reason real longs have shares under a penny is traders got shook out several times...
So it beneficial for longs.. Get lower pricing
I have $25k in money in this. 20.09M shares... Mine are not for sell any where near this .
That is why I get so aggravated at people that bought yesterday and want out today. Play it like you want too ....but I'm long. A year for .25 or .0025. I really do not care. If it turns into nothing, big deal.
I've lost on some before, but when only one (CPQ in late 1970's) hits and you go with it all the way it can make a big difference for you and your family.
I think it's great opportunity..
You're not stuck mash the button. It will get picked up.
This vol tells you when news hits how dynamic the uptrend will be... I know you're short or hunting a cheaper price for yourself or someone else but this is the bottom line...
Somebody is gonna WIN big surfer dood. ???? Whatever that is.
Put in market order rook, I'll work on some at .001 .
Do you know what liquidity means in trading?
There is our 5 million seller from last night.... If that gets gobbled up. It will run up very hard... It will probably a Momo lead player..
Absolute agreement blanka... I just preach being patient and letting target come to you...
The stress is not now..... It when to sell after it starts running up.. That will drive you nuts.
I am retired...
May not do 5M shares today.
Everyone is waiting for news now..
It will come. Business is growing. How fast? Is it a penny tomorrow or a nickel next week? Or are traders gonna put their finger on the dump button out of frustration because they did not get rich today...
Simple... Buy this and hold it, your news will get here and this will be your best market pick ever from this entry point IF, you give this time to mature.
This kind of money is not made in a day, or a week... It's a steal here if you have a target horizon not a calendar horizon.
Sub penny will be a gift after news. If flippers want out ... Hit the road... Oh yea, but is that news 10AM..today. Or tomorrow.. You are not going to get several million shares under a penny after it hits.
Sell at your target.. It's coming. Your DD will make you money.
The forgotten post... How mature this revenue stream has become will be important.