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In fact, 1 million is probably way too low...
Sit tight. I have no shares in this stock but 140% in a day is rediculous. There will be profit taking.
I agree with not trying to hold this stock forever right now. There is no reason not to sell on highs and buy on dips. That way you can pick up more shares! However, I do think this is a stock that will command respect for the near future and definitely shows promise to become more than just a penny stock. Take some profits everyone! we will see good dips and great gains for quite some time!
Yeah, I am not bashing or anything. Fighting over pennies with this stock in the long run is foolish because I think the product is very real and tangible but I was waiting for it to drop today a little because I wanted an even 100,000 shares and dont have a TON of money to put into this stock. I was SSSOOO close too. :) Just see this growth as a little strong and not necessarily healthy.
GLTA!
I am not saying it will go down tomorrow but the SIZE of this jump was on news. It was good news, something tangible but still not sure that 141% is a healthy growth in a day. I am still new to this stuff and its just an opinion. I do see us falling back down at some point between now and June though. Take it or leave it.
I wonder if much more will be said tomorrow than what was in the press release today, should be interesting.
Congrats on the stock today ladies and gentlemen. Went the opposite way I thought it would. Not going to chase the stock though. It will correct itself sooner or later. Anyway, I know a lot of people got in super high on this stock so its good to see it climb back up, hope everyone makes some good money!
Yeah its a crap shoot.
Are you in a good faith agreement? AKA did your funds clear? If they cleared and you bought and are not in a good faith agreement you should be ok. Someone correct me if I am wrong.
So you dont think there will be ANY consolidation after a 142% day?
Wasn't expecting the PR to bump it 140%!! holy sh$t. Well, guess I was wrong. Will look for an entrance point in the morning...
It absolutely can. However, if the PR didnt come out today would this stock have gone up 100%? My gut says no. It may have gone up but not this much. I think there are a lot of daytraders on this stock right now. This afternoon or even tomorrow morning will prove me right or wrong. One thing I can tell you with a certainty is that I am not buying this stock at this price. (in the long run it will be worth it but I would rather pick up MORE shares for the same money). I believe it will dip again.
There should be a gap this afternoon or tomorrow morning. This stock once again grew too fast. But its JMHO.
My advice to you is to learn the business of penny stocks first: pick up books, learn to read charts. It is good you are here but dont rely on any board to make your decisions for you. Personally, I am waiting to jump in. This jump was on news, once the news dies down, so will the stock. This is just my opinion. Do some DD and dont believe a word you read on this board.
Wow, 100%.
Nope not chasing. This is going to stay up 78% today. People are buying on news.
I think it will... but good news nonetheless. It is always good to hear that revenue is starting up. 100,000 off of 300 keywords is good news. Its only been a couple of days since launch too.
I believe the bottom line is somewhere around .0050. Although the rest of the week will be very telling. Once it completely levels off (or very small gains) for two consecutive days it will be the bottom. Dont expect HUGE hikes in this stock for some time. Just wait for the third day of level trading to jump in. No reason to buy shares that are too expensive.
Yeppers, that's tomorrow low. The MM's are sytematically walking this stock down.
We have hit the support line I was hoping for today. Will be surprised to have it go too far below this. If it does, .01 will be tested this afternoon.
No, I am not bashing. This is just my opinion. Don't take it if you don't like it. Ignore me. I dont care. But I have for the most part been right for the last week, not trying to scare people.
Well, I have been right since the beginning of this slide and from day to day so we shall see... Hopefully I am wrong. We are seeing a slowing in the selloffs each morning. 1 cent will definitely be tested though.
Yeah, I cannot stress enough to people not to load up right now. You would just be GIVING the MM's your money and when you can get it much cheaper in the next few days? HOLD OFF.
The MM's are doing a controlled burn on this stock. They are shorting it HUGE. We are not at the bottom but we are slowing down. Look for it to go double zeros by the end of the week. First spot I am looking to get in is .0085 depending on how quickly we reach that point. I may wait until .005. But to answer your question, the charts are being entirely too predictable right now which leads me to believe the MM's are dragging this back to the abyss. It is going to be a hard few weeks for some.
Smart man, .0085 is where I am thinking of going in. However, if it reaches that by Friday I will wait for a lower price. .0050 to be truthful. I think we will see a huge gap up in the price of this stock sometime in the future but I dont know when. Possibly late May when the revenues are going to be reported.
Meh, its not a scam. It is poorly run. Mr. Ike needs to be in contact with his investors more.
Too early IMHO. Wait for the double zeros. Now, when most of the MM's are gone... that is the time to get in. Although the stock wont move much
For the last week it dropped significantly on launch and saw a spike like this one and then hit bottom for the day with little trading through the afternoon. DO NOT be fooled by this spike. Hold tight ya'll.
They will and they are. This is a controlled burn, not a wildfire. In either case, the MM's are taking this back to the double, possibly triple zeros.
Like I said yesterday, look to dip towards .0110 with a climb up to .0122 with a support line around .0120. If it hits a cent look for support levels in the .0085. This is a controlled fall people. The patterns from day to day are the same. This activity is done by the MM's.
I know I have been saying this all day but this was the EXACT scenario on Friday. The good news is 2 out of 3 days have gone sideways with generally lower volumes. Tomorrow will be VERY telling as to whether this stock has hit bottom. If there is a large selloff in the morning these plateaus we have been seeing on both Friday and Today were MM's shorting the stock. If and when we fall below .015 expect the next support level at around a .0122. if we break .015 immediately tomorrow morning and fall another 32% (.0105) we could see a rally back to .0122 by midday and a slow fall off to a cent by close.
Everyone, we need to wait. If tomorrow runs sideways we may very well have hit bottom. This chart is tick for tack like Friday's. We all know what happened yesterday. For the longs, HOLD in there. For the people looking to get in, wait. I have a feeling this still has some consolidating to go.
Personally, I am looking at .0085 to get back in, maybe lower. Definitely sitting on the sidelines throughout the rest of the week. EOD Friday should be telling.
Yep, we smash through all support in the morning, recover a little throughout the day and around 12-1 we test the lower support and climb a little and test it again in the afternoon with the next day falling through the previous days support. This is going to get uglier before it gets better. Sub-penny by the EOW.
You have to take what you can when you can. I sold to protect my initial investment. I should have sold much higher. It is going to be a while before I jump back in but I do plan on jumping back in.
We will most likely hold the .015 area today. I am more worried about tomorrow morning.
THIS IS the very same chart as Friday. We saw the support level hold on Friday BUT constantly pushed on that very same support level. If we end anywhere near this today we will break the .015 support level tomorrow.
Where do you get this from? Yes, it is up from 6 weeks ago but we are in no way in an uptrend. This is consolidation.
We will test and break .015. If not today then tomorrow. As I said 4 days ago there is no investor confidence in this stock. Look for the next support level around .0100-.0115.
Reminds me of Friday. I thought we hit the bottom Friday but Monday came around and smacked me in the face. Will watch intently. But looking at the chart it looks like a plateau. Watch out for the MM's shorting this stock!