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I think because everyone puts buy orders in at night and they all try to execute at the open.
.464 on the ask...come one let's move it!
It needs some pressure right here and .60 will be here real fast.
Huge buys/bids just now down around .43. Hmmmm...wonder where this is going.
Doubtful.
This trading is lame. Kinda going sideways at the moment. I expected a better explosion after the quick dip.
Pissed I did not get filled at .385. Got 5000 at .50 for a gamble. Best of luck everyone.
Last thoughts before bed...my bid, 9800 at .385. Tomorrow results, HOD .59, LOD .36, close .53. GLTA!
For you it would be a stop loss. Stop losses wit execute no matter what once the price hits the point you have said to sell it at which is why it usually fills below that price by a little depending on the broker. Stop limits may not execute and are risky here in these crazy pennies.
I just use a "stop".
Huge difference. Limit won't sell until it reaches that price as it is going up. Stop loss will trigger as soon as it reaches the price you put below it.
Just thinking about it a gap up might not be the best thing tomorrow. We need a slow and steady rise. If it gaps up people might rush to get out and down she goes. Then it is extremely risky to add on the dip.
So far it has. Sometimes well below the stop price. But yes it always goes. I have no idea what would have happened if the stop went off last week to tell you the truth. I had it set at 1.05 but I sold an hour before the rush to get out.
Yup...my targets for tomorrow, get in below .40, get out around .60. If its running and closes way up I will hold overnight but have my stop set.
Exactly...as long as you are not forced to cover there is tons of money to be had.
I'll need to find a way to short these stocks one day. Etrade is still letting me buy of course.
Short shares.
Might have to get me a scott trade account for situations like these.
Depends on the cash/equity in the account you have.
Suspending won't happen. There is no evidence that I have seen that the company is doing something illegal. Everyone is making a choice to buy this turd at whatever price and no one is forcing them to. The company showed it only has a whole $300 in the bank. But yes, eventually the the company will likely see trip 0s.
What if you are not forced to cover? Hold for a month max and bam tons of money is now in your account.
Switch brokers. I have never had a stock that Etrade has said no to for CASH buys. They won't let me borrow for these either...go figure.
Called the broker and he said they don't short pinks or OTC. It would be the easiest money ever made if I could short this thing at any price because we all know this will be much much lower. Doesn't mean other brokers won't let you though. Best of luck.
Eturd would not let me short this stock. They let me do everything else though.
If this moves north I see two...well three points it could drop off a cliff. The first point is about .60 based upon charts of last pumps. The second point is where we crashed before at 1.30ish just because people will be real jumpy. The last is (and the best possibility for anyone in this thing) is the "target" of the promo and who knows where that will be but I don't think we have touched it yet.
Set my limit at .39 for 9500 shares. Really may not get in but it did NOT gap up last wednesday when it closed at .625 and there was huge volume the next day. Who knows.
Exactly. This thing gonna be a gapper in the am? Trying to decide what I want my buy limit order to be...
A pos that is making people money.
Guess you bought my shares at $1.25? A lot of people made money here including myself. Just play these pumps smart and don't get greedy or look away for a split second. Finger always on the trigger ready to sell.
You guys crack me up...this is a momo play and that is it. Everyone saying, "oh well the market cap would be this then at this price yada yada yada" has no idea what is going on here. The company is worth $300, this is not something to be holding for a long time.
As for tomorrow, I will be watching. I say a quick surge to .50-.60 is in the works then who knows.
Here is a great idea...why doesn't no one "hold a bag"? Why you would hold any shares in any penny stock company is beyond me unless you have tons of money to blow.
I am betting $2-4 by thursday then bloody bloody friday and next week.
If its played right yes...
I thought there were zero shorts to cover?
Thank you. Let's drop that subject unless someone can prove it is true.
Wasn't the stat earlier there was 40 million shorts that have not covered yet?
Yeah so what?
This is why it is going higher. They want this thing to be in multiple dollar land. Whatever their target is who knows.
What does that mean?
Wow there might be a gap up monday morning. I will set my buy order but who knows if I'll get back in.
Correct which is why we could see more buying and the cycle start again. Maybe the peak is lower maybe it is well higher. Next week tons of money to be made either way.