Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Word! I felt like I'm the only one playing this on the board :)
Thank you. I'll be back if I see it gains momentum. It's on top of my watch list.
It's naive to think I would like to influence the price. Give me a break.
Question is, what made the MACD do its crossover? News and important positive updates. But for now I have the feeling FNMA lost its steam. Summer is coming. I don't expect huge updates short term. Also notice the big red bars on the last run.
Not so confident in a 4th time. As soon as a pattern is too obvious it will often do the opposite. Hope for you guys I'm wrong, but I left this play for now. It's been great.
Still not at 0.0001? Damn. Come on PEII! I'm waiting :)
Gold is being shorted heavily as well. Let them do, the cheaper this gets, the more I buy. Started below 3.10, if this gets below 2.80 I buy more at the next bottom. Kept some on the table in case this would happen.
The bubble will burst sooner or later.
stop losses at 3$ triggered I think. Dirt cheap prices here.
I'm not going against the idea what caused the drop. I was just correcting the fact FNMA was already below 1$ and not above. We are on the FNMA board. FMCC was indeed above 1$.
Here's much better view for you for FNMA:
https://ycharts.com/companies/FNMA/technical_chart/#/?dataObject=id:FNMA,,&zoom=custom&startDate=5%2F1%2F2010&endDate=7%2F31%2F2010&technicals=type:volume,,params:,,include:true,,,type:rsi,,params:14,,include:true,,,type:sma,,params:50,,include:true,,,type:sma,,params:200,,include:true&periods=market_daily&style=candlestick&chartView=&adjusted=false
I guess you are on the wrong board since you are talking about FMCC ;).
well, yes, one could say trading below 1$ for FNMA equals bad performance ;)
Check the chart, Trunkmonk. And you will see that FNMA hasn't seen a PPS above 1$ since the 10th of May, 2010. They were delisted 2nd week of July.
They were ordered to from the FHFA, due to the bad performance of the stock and listing rule.
They were delisted just because of the 1$ dollar rule (trading below a 1$ average for 30 days). It's not even a discussion worthy.
I corrected you, not having joy in reading false statements, certainly not when one claims for 100% truth.
Sorry, but you are wrong there. At the close of trade on their last day on NYSE, Fannie (FNM, Fortune 500) shares were off 17% at 25 cents, and Freddie (FRE, Fortune 500) was down 5% at 34 cents.
http://money.cnn.com/2010/07/07/markets/fannie_freddie_tickers/
Unfortunately there are lots of people buying stocks through stock board posters advice. I can imagine if you tell people to buy and "promise" green landscapes, they get quite pissed if the opposite happens. Their own fault in the first place though.
For me boards are pure entertainment as well, I'm in about 20 stocks at average but I only post about a few.
PEII is something I'm thinking about. Looking for the bounce. Quick in and out play.
My DD for PEII went as far as looking up the website. I saw enough. In 2014 no self respecting company comes up with a piece of crap like that. Seriously. A decent website doesn't need to cost much.
Maybe I buy some at 0.0001 to flip for 0.0002. Not far away anymore.
PPS 09/2013: 0.015
PPS 05/2014: 0.0004
What good is there? Are you gonna talk well of a stock that went down 99%? Good for trading only for the occasional bounce....if there is enough volume. I have this ticker on my watchlist since 6 months ago. All I see is the stock tanks to newer lows and it's being heavily pumped (and bashed) by one particular guy.
I don't care about DD here, I watch charts and they say enough.
One word: avoid. SCAM!
I like the heavy buying volume in the last 30 mins...FREE is working on its debt...just imagine if they come with clean balance sheets...So much potential here, yet very risky indeed...
Down she goes, bag holders are made. Yet another lucrative MR play.
Have a great weekend, I'm done watching the show :)
yeayea, it is already lower than the openings price. Only those who loaded yesterday and before are good, and the very few who traded the bounce.
wise choice. This ticker is dead already, hence they try to pump this as hard as possible. lol. Entertainment.
Great play. Out half, letting the rest fly up (if so).
You were told...lol. Every broker has its own set of rules. And I don't trade in the US.
This would have been another winner to short (from 6 to 3), didn't play it though. Just watching this one for fun, how hotstockace is pumping this one and failing miserably in predicting.
He makes money though, be sure of that.
Yes, by shorting some of their promos after they peaked. You must know most of them followers are naive 'I wanna be rich quick' people, not knowing anything about liquidity, L2 etc.
Once, many years ago, I was one of them. Now I follow such pumps to short when the momentum is gone and research if the company is a flake or not. Way more chance to win that way ;)
Exactly. I followed these money runners for a while. They send out emails promising you potential amazing returns.
Their strategy is too simple to fall for. While they are front loading, they warm up retail by saying they have a new winner coming up.
When the newsletter is finally out they start selling their shares to the naive retail investors.
Every time you will see hotstockace pumping the board of the promoted ticker.
Never ever trade on their advice.
Cheers, exactly the PPS I got out as well. I think we will see the MA50 again, they always meet. Momentum is gone for now, will probably trickle down on the low volume.
I'm out for now, but I'll be back when it gets hot again...Happy with the long term profits since august and trades. Good luck to the longs.
Just another opportunity here to buy very cheap.
This range will probably be another bull vs short fight.
At 4's a while ago I'd be on your side. These levels and below I accumulate for another upswing.
Only by today's action then...You don't want a N*WL in your portfolio longer than a day.
I've bought here multiple times recently for a nice swing, and will do it again. It's at that magic 3$ dollars again.
Not regretting my extra batch. Run imminent imo.
It should go up roughly 5000% more to be where it was a month ago...Wait till Hannover kicks back in. 100+ million debt here. Extremely suspicious company. Good for trading only.
something is wrong with iHub trades module. It's like this with all OTC stocks.
Indeed! Heading towards a new high with these forecasts. Play wise, I know what to do, rinse and repeat ;)
Sells could as well be seen as buys from bid sitters. Volume here, and that's a great sign!
Volume! Finally! (insert happy face)