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I day trade and flip. I constantly buy, sell, hold. Per my first post of today I stated that I'm waiting for the low 3's or lower, indicating LOWER than 3. The 2's are under 3. Either way, I state my opinion as I see things progressing in the charts or declining. Don't misunderstand my posts, I post based on technicals and charts forming. When people are dumping it changes things, hence my post earlier this morning stating it will drop to the low 3's or lower. If you don't like how I state my opinions and trade don't listen to me. The ones who do can use it as an advantage and make some money. Thanks and good luck.
There's the 2's I said would be coming!
I am not 100% certain it will happen or when it could happen but a R/S only happens when a company isn't doing well and its losing "interest" in investors and tries to obtain more volume. In other words a R/S = making a company look "better" than it really is to draw attention for new eyes. It generally hurts the current share holders even though it seems to make sense to "help the situation".
Well there's the 6's might I add very low 6's. Could see 5's in a little. Waiting and watching.
It will probably be brought down to the 5's or 6's again before anything happens.
You are correct, the initial investment does not change however an r/s is only done when a company is going south to try to "draw" more interest to investors. It normally does not suffice in my books. R/S is never a good thing and original share holders don't like it which will cause a sell off which in turn drops the PPS and lessens your initial investment. Which I believe thats what the other member was trying to state.
Between people "bid whacking" and heavy quantities on the ask, this will go down to the 6's again or possibly lower. I know how to play pennies/sub pennies and this is bad trading here. I will be exiting soon if this continues. I advise everyone to be cautious and watch the trades along with the volume. Whether GARC is here or not this can go south just as quickly as if it was.
Not me! I did try selling a portion of my shares (small 50K) at the bell at .0091 and sold 32,300 of them but then someone else put that out there. That's not me, I don't sell my shares like that; I do it in increments of 50 or 100K to not kill the PPS.
The 5's need to move down. No one will buy the 5's with a gap there. I would say the 3's need to move up but they get "whacked" anytime there are 4's on the bid. This is going no where anytime soon.
Down she goes, glad I got out of this before. Waiting until she goes to .003 or lower.
I've come out with profit from this but not as much as I hoped. I've been in and out of it quite a few times but did take some losses but also had some nice quick gains so I still came out on top, not by too much if I admit but the way this drops so heavy sometimes I'm not complaining about the amount I've made. Most people on here have lost tremendously on this one.
This is a very hard stock to trade if you don't time it correctly and the most important thing of all is to watch it every second of the day if you own shares. It will be up one minute and down the next.
It was holding up nicely, but I believe its headed back down again.
Up we go! :)
Will bounce back tomorrow, no worries here.
I loaded at .008, and will continue to load at this level. Should see a nice bounce here.
No, it's a tactic, they are playing both sides. Hold your shares and load!
Loading here.
LOL, having some fun I see? I'll add in my two cents. Some look "too far" into it and miss the reality (stupid or not) of the company/stocks performance. If I can come up with decent figures for a stock I'm watching and the charts match it, and I predict positive performance why would I "care" if the company is garbage/stupid/fake/scam? As long as your in and out in a reasonable time then I say go. A vast majority of the people that buy penny stocks buy it for the quick gains and high performance not based on what the company is/does etc to hold for years to see if they'll cross "the barrier" into the real indexes. We are not dealing with marginable stocks here people!
Love this floating 15K bid! I wonder if anyone will "whack it."
It does drop hard when GARC comes in. Always need to be on alert.
Thanks! I agree, need some new eyes on this one but will head back up in due time. I have additional funds if this drops again, there always seems to be a nice bounce afterwards.
Headed to the 3's! Glad I waited and didn't put an order in for 4's!
Raising capital is the name of the game! Good luck to you too, glad to see that we're on the same page. My calls from last Friday were accurate; gap up and green at the bell :)
To all others reading this: Set yourself up to be able to buy in the dips. This is a perfect swing trade stock if played correctly. Particularly with this stock, I like to load up, sell 1/2 and keep the other 1/2 in the "bag" just incase if it continues to move up or if it does drop I can use my proceeds from my sale to reload again at the dip.
Look at that, first bid at +23% Called this gap up at the bell last Friday!
No problem, I appreciate the apology. I feel the same as you do concerning some of the members on these boards that like to post bs. As for this stock and what is happening here; it seems that its being artificially taken down. The company itself is not diluting, I haven't seen any retail selling, and on a good note as of late, the investors in this stock aren't selling. All of those factors will play into a possible triple digit run if "they" let it go. As easy/quick as this has been going down in small 10K increments this can go up just as easy. Stocks that are manipulated like this are ones that you need to own the shares prior to it running because when it runs its normally done in small numbers and buyers won't have a chance to buy large quantities until its already well into the green for us shareholders.
On a side note, PR's have been beneficial to the PPS and "sell the news" doesn't exist here which is important for the ST/LT holders.
What a take down today with a nice big bounce! This stock always seems to have surprises.
To the member who private messaged me: I would advise to sit tight. The "major" MM's already dumped so this can run up to any PPS. I don't see this being held back for any reason and based on my analysis the charts look good right now. There's a nice set up that formed today so I'm pleased to say that we should be very green Monday.
The take-down of this stock was mainly 10K "bid wacks" no panic or retail selling took place, very good sign. We should see positive movement this coming week. I suspect a possible gap up at the bell followed by a run, should be well into the green on Monday. Everyone sit tight with their shares, this will be a nice ride up.
This is tremendously oversold and the charts look great for a run. This week we'll see some great positive performance from this stock.
Added 100K just now.
I hope whomever was trading this today managed to get out. I did see that nice 20% bounce in the late morning but didnt think that was worth the risk in possibly getting caught in the halt cancellation. Good luck to all.
This is ready to run, charts are solid, up we go! Everyone hold tight!
*This will be
This is will be sub penny before noon. Get out while you can still get some money back.
Up we go! Should be a nice run at the bell!
Still close at .0024! Great close!
Lets see her close in the mid 2's!
Bought some 2's! Should move back up next week!
I agree.
Looks like CDEL is still doing it, they are moving up and down waiting for more shares to build on the bid.