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You'll have to hit the ask.
I think putting a little in wouldn't hurt, but again, it could drop after a post-cusip run. You'll have to watch from there. Right now, though, it has held where it is for long enough to where it is probably a safe play.
GL(good luck)
There's a lot of chatter over there about this-that-and the other.
I'm not worried about it, although I'm not so sure there's massive short position that's going to have to be covered when the cusip chnage happens. The co's something I believe in, and I'm not going anywhere. I think it'll get a lot of action once the name changes, they go online with forex, they start releasing their financials, assuming they're good...
It could end up being one of the plays to remember.
I'm watching, but don't get hung up on every little tick, although every little tick does have significance in my position.
I think a sell point depends on how fast it moves in a day.
Again, like we talked about, if price per share(pps) upticks starting at 30%-50% in a very short period of time, say 1-2 hours, then you have to know that people are going to start taking profit. That's if there has been enough volume. For instance, today nxno is up 37.50%, but it's only on 48,700 shares traded. The bid is only one tick abouve where it started so you couldn't get the current pps if you sold(in most cases).
That's part of what makes these stocks so volitile, in my opinion(imo). Anytime I've seen the pps jump that amount and especially if it continues upward, people sell. If pps jumps over 100% in a day, then again, people are going to take profit.
The highest I ever saw a stock jump in a day was when rgno bounced 380% in one day. And that was on the heels of around 100% the day before. People dumped like crazy.
It's a shame in a way, because as soon as people start to feel that a stock won't support its' current pps, they'll start to unload, which drives the price down...I've never seen the "perception becoming reality" concept that exists in the penny game. BUT, you also have to realize that that is what people are hoping for...they wan the price to jump that quickly in 2 days so they can turn for a quick profit. The longs hate that kind of play, but everone does it or they'd be baghoders for all of their investing days...who wants to be that?
DCD, evsa is going to be a real ride...I think once it bottoms, it could be a good'n.
The penny stocks.
All of the cheapies...the ones we're in.
Subbers are the ones that are below a penny in value. They are generally considered to be lotto picks...they can be really risky. BUT, they are also really cheap, and if it's a good company, you could argue that they'll only go up from where they are.
What's important for those of us who have been holding chnw for a while is our entry point was so great whenever there is a tick up or down our accounts go up or down dramatically. Our interest in where chnw goes and when, is magnified, than with those of you who have such small holdings...no disrespect meant. It's just a lot different when you have millions of shares at fantastic averages. I am going to be a lot more excited about chnw's potential. I bought my first 15 million share at .0002, have added more along the way, and haven't sold and don't need to. I remember when chnw would move between .0001-.0003 for weeks. Now it's shown a strong base at .001(we all hope).
I firmly believe in the company and know that there are many like me, and many more with vast holdings who aren't going to be swayed whatsoever by the concerns of the chnw newbies. Again, no slam at you in particular. Your concern is noted, but when we've been here for a long time and see new people come on board with seemingly limited understanding, it's not going to be of much interest to me at least.
My plan is to sit back, wait for this to do half of what we hope, and be well rewarded financially. See you in two months...or maybe not.
GO CHNW!
That was funny...and true.
Sweet! He knows who you are?! Wow, got any advice for the rest of us losers? :)
Great...I think you'll really like having a guy like that keeping you up to date on his picks. Now, I have gotten into his picks simply on his recommendation and my timing was incorrect...too early. That's why I said that even with guys like that, guys we trust, you still have to really give it a serious look.
Kap,
Check out Dragon's posts today. He has a list of stocks he's watching closely. If you check them out, look at the charts, you'll start to get a feel for the co's, and what might be happening.
Remember, wait a while before you throw money at them. They might seem to good to wait, but most of the time you can wait and get in at a better entry point. It's always better to miss a run, as opposed to jumping in early and watching your funds go down the drain. I'll take the first option any day. It stinks, but is still worth it.
GM all...all five of us.
I'm hopeful for each of us that there are going to be some good things happening over the next few days.
Let's keep each other up to date with how our plays are going if you have the time. I think if we share some our info and insights we can make each other a better investor...there's my "let's come together" speech.
I really do think that nvmg, and nxno are great buys at this point.
I think rgno might be really close to its bottome, but that was probably last week when it dropped to .02...probably still a good buy.
What do you guys think about pdgt, and pmcl? I think pdgt is at a bottom, I hope, but am not really sure what could happen from here.
Also, I think hesg is poised for some momo.
And of course, there's chnw. I think it's been strong and will coninue to stay that way. Of course, I'm hoping for a run into the cusip change.
I'm rambling. Let me know if you guys have the time, what you think about any of my musings.
Peace
Well, you know DaddyCoop, I did start this five weeks before you.
I should have more. Just wait, you'll have a boatload before you know it.
I'm glad chnw closed up.
Hilarious,
I actually did buy a bit of that today.
We'll see how that one treats me. It's a mover...
Take your time on your entries.
Almost every time someone posts that there's a great buy, you can watch it for a few days and get in at a lower price than where it is when they give it the alert.
I've seen that enough times and have made enough of those mistakes...probably will make more, but hopefully not. Don't let someone else's alert throw you off your gameplan. A good entry point, and good exit strategy will always beet trying to chase something.
Let us know how things go...
DaddyCoop,
You've been paying more attention to evsa. Where do you think it is right now?...down 16.67% today.
When it's bottomed on your opinion, could you let me know...if it's not an inconvenience.
Gotta tell you guys...I'm really pumped about chnw news today!
I think we're going to pick up some serious momo players very soon, if not starting today.
The time for cheapies there is gone unless the MM's have some mad tricks up their sleeves. I'm telling you, though, I think their tricks are very close to running out. chnw is fo' real...
We're gonna be in the big leagues after this!!!
It means people like your posts and want to make sure they don't miss any of them. When you have a premium memebership, the people you've marked, when they post, it goes straight to your inbox...nice feature.
The reason why I was a bit down was because I've watched what I talked about happen many times now. I've played mot of these companies before and then get bored with them. That's the killer...staying excited about plays, knowing that they will stay current if you pay attention.
I was kicking myself because I literally watched these stocks bounce, but wasn't in them. BUT, they are the companies I know more about then any others! I had moved on to other picks thinking I could catch bounces or that my original picks were played out.
Everyone talks about how hard it is to find a company that has good leadership, is making money, has a great plan moving forward, etc. Once I find that kind of company why in the world do I move on?!
Anyoane here can do whatever the heck they wantto do, but I thought I'd encourage us to not give up on the stocks we know best. I doubt Strong has been doing that, but figured I'd bring it up for the rest of us.
Thought I'd give some of my thoughts and see what you think...
I think the overwhelming trait a person must have in the penny game is patience. You might think it should be guts, or great timing, the ability to read charts, the trigger finger, etc., and you'd be right to a certain extent. If you could do most of those things flawlessly, then everything would be ok. But, usually how it's gone for me for the most part, is I pick the right stock but my entry point is either when the stock is down trending and I should have waited for the base, or it's upticking and I'm chasing on the way up. Not in every case, obviously. I've done well with it happening those ways, but usually the odds and final numbers aren't as gratifying as they could've been otherwise. Especially as our buying power increases we'll have to watch every little tick.
As I've watched, I've noticed that if I've gotten in too high and my picks end up basing. If I had waited I would've been golden concerning entry point. After a run down, though, a lot of times I lose interest and watch from the sidelines over the next few weeks. It's really easy to get high on a pick and want to jump in. Maybe that's just me.
When I've been into a stock for a long enough time and am convinced of the companies' value and I happen to watch it base, half the time I don't buy in. I then watch it run up, and finally end up where I thought pps should be. It has happened at least a few times.
I think instead of searching for the new plays all of the time, we should be playing the picks that we know quite well, better. I should've known when rgno was bottomed out for the second time because the first time I got in it was at .025. It ended up running and sits now at .031, but the other day ran up to .0645. I also was in etim when it was at .0019. It's now at .0065 last I looked. nvmg I sold my holdings when it was at .02 or something like that and did well there, and then watched it drop down to .0065 wasn't it? Well, it has run right back to .012 as of today. nxno I sold at .30 which was its' peak, and watched it go down to .07 or lower. I bet it'll eventually bounce back to .30. I don't know when.
I'd love any of your thoughs, fellas, because I'm realizing that you can either try to play every new opportunity and try to do it right, or you can play the companies you know best, except you can play them smarter the second, third times around. I think I'd rather try to do that. You know, we've been picking good companies that are going to last more than one round of running up in this penny world.
I'm in there, but ain't pulled no profit. I think my average isn't all that great, so I'm waiting until we decide we bomb Iran to cash out.
I tell you what. I think hesg will be a huge play sometime.
I'm in it and have been, but am now doing a little DD...
a bit bass-ackwards, I know. They have a lot worth checking into. I sold a bit yesterday, but will probably keep adding to my position as time goes by. Read some of the posts over the last bit of time and you'll agree. If not, please voice your displeasure and enlighten us all.
That I don't know. I do have a CT account, but with everything going on right now, I haven't wanted to transfer anything over there and have it frozen while it transfers.
Strong would know.
I was just noticing that. I sold a bit of at yesterday, actually. Just protecting the capital. I do think form the sound of it, it could run soon. That would be nice. Been kind of boring until yesterday. I'm up 60% so far.
I cashed in some yesterday. If you have them wire the funds there's a $20 fee.
You have to fill out a form and and give them both your account numer and routing number.
They can cut a check as well...it's like free money.
Believe it or not, the drugs did not perform there prescribed role. I had hope they would throw me for a loop so the root canal would not be so bad, but no...
All the rest of the posts were simply me being an idiot.
I should have taken some profit when chnw hit .002 a couple of weeks ago, but did not. I think it will bounce and want to play it right. It is hard to know when to do that, though, with the cusip change.
Gotta go...
God, that's exactly it. I have been wondering why people on one particular day are hanging on to their stock at .001 let's say. The next day rolls around, pps drops a bit, then goes back up to .001, and people sell...they held the last two days at that level, but now they're taking profit. Then, of course, pps goes down. It's so frustrating to me.
I figure that I'm in chnw for a while longer to be sure, and unless we see a real spike, I'm sitting tight. I', not even paying all that much attention. I check on it a few times a day, but that's it. I am sick of watching people freak about it and talk all day on what the heck they think is going on. These investors come up with more scenarios and other crap on what they think is happening in one day than you'd imagine...
Gotta go.
No more painkillers...they didn't do crap. I was just being funny. I popped two in less than two hours and literally didn't feel a thing...not one thing. It was dissapointing, actually.
I think I've learned my lesson concerning jumping when someone else thinks it's a good idea...that's not leveled at you Strong, btw.
It's the big boys..I've gotten burnt 3-4 times now, but not with too much money, but enough to where if it had been a lot of money, I would've been busted.
I'm going to say it now...that's the last time I buy a stock on a whim! Hold me to it. Ask me if I've done it.
alry,pdgt,hesg,rsds,pmcl, etc. They've all tanked after major props form the guys...I don't get it, but I'm not letting it happen again. Do your own dd or don't do sh*t.
I mean, I ended up a whopping $138 bucks up today...
I'm going out! Get me some shiny shoes!
Viet Cong...
Yeah man...I really hope there isn't a sinkhole under their house now. Watch it implode. Oh well, the water'll be gone.
We can talk later today.
GREEN!
Since I haven't been able to do the dd I've neede, I've gotten into a couple of plays that turn out to be good plays. Problem is, I got in either too early when the pps still needed to base, or too late after the nice little bounce...CHNW is going to be my Goldilocks moment..."I got in just right".
I am still on painkillers, BTW.
Yessir...green.
We'll keep posted.
Thanks for the clarification...I understand now...
What is this guy...a 100 years old??? Talk about accomplished.
To those who keep saying that the .0002's have cashed out, not true. I'm in until I hit seven figures...got in feb1.
I think chnw is going to drop the pr-bomb right before the cusip change and make the shorts mess on themselves.
Since we're talkg medical maladies...
Today had a root canal. they had to give me so many shots...I have this geneitic thing to where I don't really go numb in my teeth. They ultimately had to give me three shots down into the root...
There you go, chnw'ers, we're getting to know each other.
Maybe sometime this year we can all get together around a campfire and tell our life story. My chnw earnings are going to have me forget all of this in no time.
GO CHNW!
Awesome. It'll make it into reality...
I never got into movt, thought about it, but was never really in position to.
pmcl burnt me. I got in on dragon's tip, but my entry was way too high. I didn't know that, but after days of watching it fall, I cut my losses. I love him, but he had it tipped way too early in my opnion. Of course, today it jumps, but that wouldn't have gotten me near where I bought into anyway...whatever.
kmcp did jump a bit, but I don't have much of that.
For some reason alry dropped. It seems like such a stout company, but there you go...down at the moment.
I still need to really get down to some business and start doing some dd. I need it. I haven't been able to and I think it's starting to show. I am still doing well, but I think I could be doing so much better.
Do you have any thoughts or leads?
No doubt...paying taxes means you're making money.
I have checked that site out before, but have too busy to be able to critique it thoroughly.
You're in chnw, right? We might be in for a fun week. I think they're waiting for tomorrow or the day after to drop the pr-bomb, which will be right before the cusip change...talk about making the shorts scramble.
I'm ready to seem some action over there.
I believe they're actually trying to release the FOREX site on the 2nd of april...others, am I right?
Yes it could.
I'm going to watch really closely all day...until the root canal.
Exactly...it is hard to really feel great about others at this point...I don't think it's all that bad when you find something like this devote a certain amount of time, energy, and money into seeing something happen.
I got into rgno right after it changed. Strong will be the guy to talk to about that, but it jumped a lot, 1000%, but then dropped right back down to .025. But, three weeks later it bounced right back up to .265.
I don't have a freaking clue, to be honest, about what to expect with chnw. It seems to be different than a lot of pinks...
I think it'll run up to the cusip change because of people's anticipation about the shorts having to cover.
I also hope that it forms a newer, higher base once the cusip changes. But, I do expect, if the pps jumps, it'll go back down to a certain extent like it always does.
People take their profits with runners...we all should, to a point...that is why we're doing this.
Talk later.