Buying low, Selling High
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Look at that trading at 4's now and I'm already UP 33% since I just bought 3's, can't complain about a 33% gain in just minutes now!!! PGPM
Yes, just think about it,I expect huge price moves higher for PGPM when all this nonsense is cleared up and the CE finally is removed. I'm trusting my instincts here and I don't think PGPM is a scam and no fraud proven, however if they are found guilty of fraud then the stock will be worthless.....but I think the paperwork all gets squared away and then watch as everyone scrambles to buy back in!!!
Daily stochastics just crossed higher, and we bounced off the rising 20 day MA!!! huge buy signal!!! It's going to be a great week here for UHLN
About to breakout above .0050 and then we see .0075 really quick imo UHLN
I feel lucky to have added 3's today, PGPM will be back to over a penny soon when all the BS is sorted out.
Just loaded a boat load of 3's with TDA, and trying to add 2's PGPM
Today's dip and bounce looking good for a breakout over .50 this week imo TMPS
Looks like a reversal day off MA support today, added at .0031-.0032 RCHA
The rising 100 day MA is strong support, and Friday the 50, 100, and the 200 day MA's again ticked higher and are trending higher PDGO
Chart shows steady progression above the daily MA's and the weekly chart really shows the price in blue sky breakout territory above all the weekly MA's PSRU
I like how price is maintaining above the rising 20 day MA and the 50, 100, and 200 day MA's are trending higher.
I see that cup and handle and it should explode to .0021 soon imo DIGX
WOW! Check out the weekly chart, Looks like LGBS hit bottom and about to spike hard with last weeks HUGE 1 BILLION VOLUME AND AN OUTSIDE KEY REVERSAL WEEK OFF THE RISING MA SUPPORT.
Weekly chart shows LGBS in blue sky breakout territory because it trades over all MA's, the 20, 50, 100, and even the 200 week moving averages
Agreed, LGBS is going to have great market moving news events going forward and the chart is all set up to spike hard with last weeks KEY REVERSAL WEEK that bounced off the MA support.
I project coming weeks low at .0039 with potential for highs around .0127. UHLN
Although last week was a reversal down week, the trend of higher highs and higher lows is still intact on the weekly chart.
If the CG news hits then the run can be very hard with huge potential to start filling the weekly chart gaps from 2015 at .65-.70, and then .70-$1.00 so longer term I think .70 to $1.00 is actually a realistic target for UHLN
Watch this week when we trade through .50 buy stops will send it to .75+ this week!!! TMPS On it's way to fill the gap at $3.30 imo
Were all seeds feminized? Or are there going to be male plants too meaning the crop will be full of seeds? It looks to me that they planted like a wheat field.
NEWS UPDATES COMING 8 days 20 hours LGBS
NEW WEBSITE LINK: http://legendsbusinessgroup.com/
Price bouncing off the rising 20 day MA, big up week coming here imo UHLN
Key reversal week is powerful signal, and that 50 day and 100 day MA's are strongly ticking higher LGBS
questions about accuracy means, "Questions" not "accusations"!! Big difference. In comparison the IRS may contact you with questions about accuracy on your tax return, doesn't mean your accused or guilty of fraud. PGPM
Everyone place sell orders at .01, no lower, then the shorts will have to pay up to cover PGPM
We the shareholders control the market here, price will only trade at the prices we enter so if there are no sellers below .01 then the longs win and PGPM is solid, we the shareholders control the market!!!
No fraud, the shorts want to cover at cheap prices. I say if everyone places sells at .01 then the shorts will freak out and panic buy and PGPM goes higher....PGPM
Wrong! There was a dip last week, shoulda bought on Wed cause TMPS bounced off the rising 100 day MA, almost filling the gap then price shot up to put in a REVERSAL WEEK!!!! Next target is $3.30 by my charts....better buy them now, it ain't gonna dip!
We don't count gaps on intraday charts because if you look at almost any intraday chart of otc stocks they look like dots, or specs with nothing but gaps in between, Use daily and weekly charts to identify gaps on charts, also,
THE DIFFERENCE IS YOU ARE LOOKING AT CANDLESTICK CHARTS AND I USE TRADITIONAL BAR CHARTS
I use the high and low to see any gaps, while you look at the close and the open.....I only count FULL GAPS, NOT PARTIAL GAPS, that makes no sense to me....if there was no trading between one days high and the next days low THAT"S A GAP!!!
Now, there is a gap at .18-.188 but people who wanted a fill at .18 had to chase it when it only went down to .188
the chance to buy at gap fill level is over, now we focus on the gap at $2.94-$3.30 on the upside!
Done with this one, time will tell which is more reliable, if we trade down to .14 then you your method rules, but if we take off in flight from here like I think we will then my method rules. Let's see what happens but I think your order to buy at .14 will be left in TMPS's flight entrails(Another subject altogether)
I don't think we will even see .25 again as that is the new support level for me.
Nope, you answered your own question about the gap when you said:
"there was trading activity down to .14, but there was no trading activity back up to .18."
IF THERE WAS TRADING ACTIVITY THERE THEN IT'S NOT A GAP ANYMORE.
THE DIFFERENCE IS YOU ARE LOOKING AT CANDLESTICK CHARTS AND I USE TRADITIONAL BAR CHARTS
Now, there is a gap at .18-.188 but people who wanted a fill at .18 had to chase it when it only went down to .188
the chance to buy at gap fill level is over, now we focus on the gap at $2.94-$3.30 on the upside!
Strong close and finding support at the rising 20 day MA and the .0039-.0040 support level. UHLN
"Double checking all facts ahead of release! Multiple filings and great news Pr's enroute!" PSRU
By Jarrod Wesson
Posted on June 26, 2017
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Shares of Legends Business Group Inc (OTCMKTS:LGBS) surprised market participants this month. Shareholders obtained 200% return in just a few days, as the market celebrated the announcement of a new era in the history of this business entity. In this piece, we will explain briefly what was put out to cause such a market reaction.
Source
Legends Business Group, Inc.
LGBS is a Nevada holding company formed in February, 1999. The business objective is said to be “acquiring and managing a diversified portfolio of profitable, growth-oriented companies“. In the company documents, we found that the company specializes in the following industries:
“- The development and testing of various alternative and exotic energy products for marketing to the general public through a manufacturing partner or licensee.
– Manufacturing and/or testing various battery charging products for which it has applied for patent protection. The Company focuses on manufacturing (either internally or through a partner) and marketing these battery products.” Source
The alternative energy sector and the development of patents for manufacturing are exciting activities that, at this point in time, are bringing interesting returns to the market participants. We have also reviewed other companies operating the same businesses. Market participants can check, for example, Dolat Ventures Inc., which focuses on the development of batteries for “New Energy Vehicles”, or Mass Megawatts Wind Power Inc, the energy systems company developing environmentally-friendly technologies. By checking these articles, market participants will be able to understand the positive reaction in the share price that caused the new developments of companies operating in those sectors. LGBS’ management has demonstrated its capabilities, being quite smart, by opting to enter into these industries.
Recent news and Financial perspective
On June 14, 2017, the company announced that it would commence a “Brand New Era“. Why? A new CEO with expertise in the oil and gas sector was about to be elected. On June 20, 2017, the new business executive was introduced to the market:
“Brian Estrada was appointed as Chief Executive Officer of the company. Estrada brings with him knowledge and background in the Oil & Gas sector for the company moving forward.” Source
Let’s review the financial statements. The company had not yet reported the revenues, thus we will focus on the BS. The following are the most important assets and liabilities of LGBS from the last quarterly report:
Developments Costs: $440,000
Intellectual Property: $85,000
Marketable securities: $30,000
Notes Payable: $790,000
Additionally, there is an interesting account to mark in this company. The accumulated deficit is $9,541,112. What does it mean? These are Non operating losses, which will be tax deductible for the company. Once the company acquires businesses that report revenues, the amount of taxes paid will be less because of this NOLs. The following text is from the Investopedia:
“A net operating loss (NOL) is a loss taken in a period where a company’s allowable tax deductions are greater than its taxable income. When more expenses than revenues are incurred during the period, the net operating loss for the company can generally be used to recover past tax payments.” Source
Is this a normal practice? Yes, holding companies usually chose business entities with large deficits.
Biggest Catalyst and Conclusion
Undoubtedly, the biggest catalyst is the company’s entrance into the Oil and Gas sector and the election of the new CEO. These are very recent events that many not have been fully incorporated into the share price. Entering a new market means that the company will be able to compete in another domain, thus potential revenues increase. In addition, a new face in the company will probably bring about a lot of changes. The new executive may want to create new teams, increase efficiency, and the company’s flexibility. This is always good for the organization. Market participants may believe that the new changes are a good reason to buy shares of the company. If enough market participants act in this way, the share price may creep up. Hence, we encourage email subscribers to be alert regarding the price action. Additionally, we expect the new CEO to release new corporate developments, thus check the company announcements as they happen.
We will be updating our subscribers as soon as we know more. For the latest updates on LGBS, sign up below!
Image courtesy of Flickr
Disclosure: We have no position in LGBS and have not been compensated for this article.
Bullish Buying Pressure starting https://insiderfinancial.com/legends-business-group-inc-otcmktslgbs-making-big-moves
Actually we tested the gap and bounced and put in a REVERSAL WEEK, this market found it's bottom this week at .01880 TMPS
The gap between .18-.22 (Daily Bar charts, not 30 min, and not candles)was successful this week and was filled almost complete down to .1880 but the market would not fill down to .18 as expected and price tore away from that level confirming a SUCCESSFUL GAP TEST and that is more bullish than if we filled it down to .18 so now we aim for the weekly chart gap at $2.94 -$3.30 on the upside, TIME TO MOVE ON AND UP HERE!!! TMPS heading up now to fill the old gap at $2.94 -$3.30
THAT'S JUST WRONG! Gaps ARE NOT the difference between the close and the open(Perhaps if you use candles),,,,UP GAPS ON CLASSIC BAR CHARTS ARE WHEN THERE WAS NO TRADING THE FROM THE HIGH OF THE PREVIOUS DAY AND THE LOW OF THE CURRENT DAY....THAT'S A GAP!!! TMPS
We did it! A key reversal week! And the weekly stochastics are oversold and starting to bottom LGBS
Folks, posts have to be about PGPM stock, CEO, Company, etc. NOT about other posters,,,,,that's why they get deleted by admin
Great rally here, TRTC's climbing the MP Board!!! High class pot stock here!!!
Break .50 today and TMPS is clear for take off!!!
It's been a while but PAOG has my attention because today was a beautiful KEY REVERSAL day that launched off the 50 day MA on good volume, and the 20 and 50 day MA's are trending higher and price is now trading above the 20, 50, 100, and 200 day MA's I wish now I would have placed my order at .0073 like I had written down yesterday. PAOG
Wrong D, LGBS has everything you want in an OTC trade, an initial pop on the news rumor, then a retracement to support levels(I know it was brutal but pays to hold'em), now yesterday, we briefly tested the rising 100 and 200 day MA's and reversed off them, now today a continuation confirmation of the new leg higher on high volume, daily stochastics on a buy signal, and the news is about to really pick up here and that's why it's #16 on the MP Board and #1 on the Breakout Board....LGBS has it all, Chart, news, and momentum!!!
Buy some and make some $$$, or at least consider buying it just on the chart, news, and momentum.....and
KEY REVERSAL WEEK CONFIRMATION JUST BY TRADING AT 9's FRIDAY
Gap tested successful now we aim for the weekly chart gap at $2.94 -$3.30, I do think TMPS has the potential to trade $3.30 imo. This one really is a mover and that's a sign of a powerful rally to come.