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It's had it's breakout alright and exhaustion candle today. Gap up finish lower black candle. Red tomorrow the rule is take profits.
I played it; seems like along time ago; looking at the price now. But was only a week ago. Got to love emotion. Missed another one. But happy with what I got.
http://stockcharts.com/h-sc/ui?s=ILIV&p=D&yr=0&mn=3&dy=0&id=p48446861679
Oh yea the pix is about a little over a year ago. All babies are walkin and talken now.
Just found this pix, Thought it may be interesting to the board. Who I am, single parent of 4, Happy grandfather of 7 & counting. Just the average struggling JOE.
Oh yea 1 boy, thinking about the noise level at family parties at my house when the girl are per teen. LOL baby crying was bad enough.
We have Gabe, Helen, Bella, Charli, Kaylyn. Mica, and Ripply, believe it or not. Call her the ripper. Last time I saw Kaylyn she walked in and said Hi, it's me baby "K". Charli is my 1 daughters namesake gift, for Charles, the youngest on my lap. Quite a crew.
Should be a long wait for action. A single huge volume spike doesn't signal anything more then possible funding level and attention pop. It could take weeks to months before anything happens, if it does.
Also when charting an OTC trade. I recommend looking at a 3 month swing trade chart. Your plan is to trade now, not history long ago. Where most following the OTC stock are already gone. History means squat on the OTC. 6 month chart is about the longest one, one should look at with OTC stocks IMO. History is used for investing long and I hope you have no plan to buy long and strong on any OTC stock.
I see from the 3 month, it just had a lightning strike where the herd is now trying to save their emotional butts dumping out of. If this was a darkside play start, they won't let the retrace to get below 50% FIBs, in most cases. This one is already at 61% and falling. Probably just the price and volume pop used to draw the retail herds attention, as I've posted about Soooo many times.
http://stockcharts.com/h-sc/ui?s=ECOB&p=D&yr=0&mn=3&dy=0&id=p70979262516
Got your attention didn't it ! All part of the OTC game set up found in old posts here.
Thanks so it's to be able to ignore posters at the present board your on, or not. Which should be on all the time since you wanted to ignore them in the first place.
Humm wish the button was replaced with an alert button signal when followed members post something. Much more useful IMO.
Was just reading your posts at another board. Your plan is not novel. ALL new to pennland trading, thinks and feels the best spot is "money for nothing, get your checks for free".
.0001 to .0002 or micro triple zero, in general, is actually the last place to start. Later with experience maybe ok for those with high risk/reward needs. But; It's where you win or lose all your cash, with 1 lucky play or lose it all with 1 not so lucky. Problem is luck is not repeatable. And eventually ALL lose all, trying this great novel idea! Plus you'll be surprised how long you tie up your cash before your order ever gets up the trade queue line, before being next to close. You can always buy .0002, but rarely get .0001 unless your around long enough to close there. We're talking months many times, to get that first auto double bought at .0001, sold at .0002.
What happens is one gets racy waiting and buys .0002, thinking I'll wait to sell at .0004. Just as bad a plan.
The first thing to do is to learn about the market you plan to trade. The OTC is the wild west of markets and riddled with manipulative runs and big stories of gold at the end of the rainbow.
Try studying some of the info in these links. I think it will help you understand the complexities of trading the OTC.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94580872
Successful trading of the OTC comes from knowledge and work gaining that knowledge. Ask questions. And paper trade each new plan thought of, before using cash. Rack up a win to loss ration of at least 1 in 3 before using cash. And spread that cash over 3 stocks at a time. So losses don't take you completely out of the game. Always have an acceptable loss sell figure less then the gain. I use 1/2 the gain. That way it takes 3 losses for each win to actually lose money. 1 loss your up, 2 losses your even.
The goal for beginners should not be win the most possible. It should be staying around long enough to develop a trading style which meets you personal cash & experience wants and needs.
Breathe, your NOT going to become rich thinking .0001 to .0002 plays was all your idea and you will succeed and become rich trading that strategy, in the first few months at it.. Hundreds of others are trying the same thing ahead of you. Placing you way back in the your turn to sit down a close your order turn. I call triple zero tic up, tic down, plays, musical chairs plays. Where you circle around and around waiting for the music to stop and close your buy or sell order.
Always here to try to help, as the need arises. But be aware I don't teach high risk or gambling. I teach low risk repetition which adds up to making a the comfortable living you plan for.
What is the filter enable/disable button for on my board??
Maybe it has to do with RSS feed some how. I'll have to research IHUBs RSS feed info. Just connected to your boards feed, to see what happens now.
How the hell did you catch my post to you so fast. Didn't even have time to add some to the post and you were right there.
I was asking about followed posters earlier. Thinking there was some kind of alert, which I found was not so.
Yea but wasn't at the top of my list. Only placed buys on 4 stocks. Dividing up my 2014 business plan 20% OTC portfolio, evenly between them. Thought all would close and rarely hold more then 4 at a time.
Nice call, have to say from the pot stocks I watched today TTDZ is the only one which didn't retrace. FITX VTMB EAPH all red. LOL Did listened to you. But my .oo5 standing buy was gapped past (believe my luck) and missed another one.
Cool thanks for the explanation. Is logical. BUT
Your thinking big boards at the OTC. Common mistake. But they are two completely different playing fields! At the big boards low float means price change can be larger and faster, due to tight/scarce share availability.
On the other hand, OTC float has little effect and little reliability. IMO. It's not uncommon to see daily volume equal to the total reported OS, let alone float of micro/sub penny stocks. Tight/scarce is not a factor in the wild west. M&Ms have 3 days to crash a over sold naked run and cover that position. It's done all the time.
Another OS thing I hear about, on the OTC, to disregard is when message boards post about a float LOCK, by counting up posters claims of ownership. Stay away from those. IMO Float LOCK works at the big boards, but are Bull on the OTC.
I didn't even mention the un-reliability of O/S or float on OTC stocks. Many times billions of shares are issued between late filed, un-audited filing disclosures, for not announced funding. Plus the difference between O/S and float has little meaning, because the so called restricted share difference is often traded in the open market due to registration loopholes for start up companies. Because of that I don't even look at float, only OS with a grain of salt.
But 2 to 5 billion O/S is IMO about average for triple zero stocks. That said; I have no idea how O/S or float has anything to do with price changing.
LVGI
Either I'm looking at the wrong chart or have you ever heard about the high risk level, of trying to catch a falling knife. I teach buy after, not before reversal. That low risk trading style involves buying up trend, not during down with expectations of that change.
http://stockcharts.com/h-sc/ui?s=LVGI&p=D&yr=0&mn=3&dy=0&id=p59947783250
Also the 4 day, gap filling retrace has just reached 61% FIBs. Creating 2 resistance levels above to break, before reaching the hardest to break third, top resistance before continuation.
In an un-manipulated play, odds are against that happening. So your betting not only on a reversal, not seen. But manipulation carrying price past top resistance again. All HIGH risk Low odds before any reversal is seen.
Good luck
Single zero stock normally have OS in the 10's of millions, double zero stocks in the 100's of millions and triple zero the billions. When you shift price vs. O/S decimal points around market caps balance out.
But the thing to keep an eye on is average daily volumes. If your interested in possible breakout. My rule of thumb is;
single zero stocks need 1 mil AV, double zero 10 mil and triple zero 100 mil over the price ranges between zero change.
This comes from a .05, .005, .0005 price perspective equaling $50k cash traded daily. When that's seen, dark masters feel there is enough retail cash involved to start their fleece.
I use to say $50k cash, time for the dash. When expecting start time for a run, after the attention pop is seen.
The calculations on the STO are effected greatly by price surge. The RSI and StochRSI are smoothed better with the standard parameter.
Note the trade error caused the STO dive.
Funny I use to use a chart service which allowed an option to remove trade error days from it's indicator calculation. Don't know why stock charts doesn't. As they IOM are the best chart service out there. Maybe paid members can.
http://stockcharts.com/h-sc/ui?s=ERBB&p=D&yr=0&mn=3&dy=0&id=p54558787019
Just switch from tobacco. Back in the 20ties and 30ties, HEMP was the largest US crop. No reason it can't again. Plus it's a damn weed that grows almost anywhere. Even on golf courses. LOL
The question is why? Why so many shell companies being bought? Why so many existing companies with no following switching? Why so damn much volumes and cash chasing them?
The answer; The OTC game !!!
If there was ever a time to understand and learn to trade, the game, not invest long in it. This is it !
Never believe the PR story, trade retail reaction to it. Do what the big guys do.
Take profits when they present.
All seem to fit POT. Please all readers. don't get caught holding the bag of worthless shares this pot craze will create.
Kick the I want more greed mentality. And learn to sell and be happy with what you get. There's ALWAYS the next play to add more. The first time your all in and the retrace doesn't come back. You'll learn how not to trade the OTC game. Long and strong is dumb, in and out smart.
POT
Hope they (DEWN owners) know that HEMP is not marijuana. It's just a commercial product like green tea or earl gray. Both are cannabis plants, but Hemp has little THC. That gets one high. Hemp is and has in the past been, one of the most versatile industrial plants in the world. Hempcrete is lighter and stronger then concrete, and hemp plastic is bio degradable. And as this guy says, hemp oil could be a effective answer to add to the alternative energy bucket.
But our government knows best.
Have some time Here's a short video;
Link back
Take that list and compare it with IHUBs buzz cloud to see which is most popular today. That should give one an idea which may continue tomorrow.
I find it amazing that the 2 which I expect to break first, VTMB & EAPH aren't hot listed.
You made me feel completely ashamed. Your the man! The luckys I've ever had at the board. Wish I could close 4 for 4 at anything.
OTC Pot stocks list worth strong watch.
Checked ever stock you listed a while ago and weeded it down to these. (link back for original list)
http://stockcharts.com/h-sc/ui?s=AEGY&p=D&yr=0&mn=3&dy=0&id=p39049642871
http://stockcharts.com/h-sc/ui?s=SKTO&p=D&yr=0&mn=3&dy=0&id=p75325022148
http://stockcharts.com/h-sc/ui?s=BRDT&p=D&yr=0&mn=3&dy=0&id=p31369016203
http://stockcharts.com/h-sc/ui?s=EAPH&p=D&yr=0&mn=3&dy=0&id=p35711991659
http://stockcharts.com/h-sc/ui?s=EDXC&p=D&yr=0&mn=3&dy=0&id=p41217829648
http://stockcharts.com/h-sc/ui?s=ENDO&p=D&yr=0&mn=3&dy=0&id=p59209420320
http://stockcharts.com/h-sc/ui?s=EXMT&p=D&yr=0&mn=3&dy=0&id=p92046539295
http://stockcharts.com/h-sc/ui?s=HSCC&p=D&yr=0&mn=3&dy=0&id=p80726327728
http://stockcharts.com/h-sc/ui?s=MCIG&p=D&yr=0&mn=3&dy=0&id=p66762215112
http://stockcharts.com/h-sc/ui?s=MJNA&p=D&yr=0&mn=3&dy=0&id=p77718566348
http://stockcharts.com/h-sc/ui?s=PHOT&p=D&yr=0&mn=3&dy=0&id=p80151616851
http://stockcharts.com/h-sc/ui?s=PLPL&p=D&yr=0&mn=3&dy=0&id=p21140815664
http://stockcharts.com/h-sc/ui?s=RFMK&p=D&yr=0&mn=3&dy=0&id=p48530612027
http://stockcharts.com/h-sc/ui?s=VTMB&p=D&yr=0&mn=3&dy=0&id=p20248252976
http://stockcharts.com/h-sc/ui?s=RIGH&p=D&yr=0&mn=3&dy=0&id=p94990476829
Plus FITX ERBB & TTDZ just posted about on the board.
The opportunity of Day trading a lightning strike. About as lucky as one can get on the OTC.
probably
I find ERBB interesting. Close to 3 bil OS and chart show the volume with calm climb.
http://stockcharts.com/h-sc/ui?s=ERBB&p=D&yr=0&mn=2&dy=0&id=p42256517042
Not 1 thought
LOL Thanks, that tells me their OS is now closer to 5 bil, then the 1 bil last reported. As the old A/S was 5 bil and they want more funding. Still; there has been billions in volume seen in this new action. Think their tight with anything left for sale.
Ask your broker or research their website for their wording explanation. Sound like the same meaning. But I wouldn't bet my money on it, till sure.
PMCM
I'd pass on entry also. Look at todays volume, nearly 3 times the last reported O/S. Outstanding 1,001,472,435 a/o Nov 18, 2013, can't have much not sold with the recent volumes. Plus got it's 10x from .0004 start.
Emotion a wonderment at the OTC. Watch out for tomorrow. Bags have been filled. IMO Darkside shares have been sold.
If the herd wasn't so dumb, I'd feel sorry for those that bought the afternoon continuation and my old bag. 115% for a not signed building lease. Scary.
http://stockcharts.com/h-sc/ui?s=PMCM&p=D&yr=0&mn=3&dy=0&id=p14717914665
I'd be concerned with the gap up, finish down, black candle. While volume say yea. Black candle says not very sure. Retail Sentiment mixed. Top resistance held.
Not confirmed IMO
http://stockcharts.com/h-sc/ui?s=EMXX&p=D&yr=0&mn=3&dy=0&id=p13667473423
Closed PMCM's bag I held; at even today @ .0045. On the OTC also.
http://stockcharts.com/h-sc/ui?s=PMCM&p=D&yr=0&mn=3&dy=0&id=p19710383015
My AUMN big board buy at open turned into a daytrade. .99 to 1.15 for 15%+/-
Yea I played it also. As for re-entry. I go by the #1 rule for trading stocks;
Never chase a running stock!
Yep LATF closed @ .012 for 30% at flag target.
Buy stop or market stop is closed when wanted entry price is reached. So if you want to buy at or above chart pattern break out, by placing a market stop order in, it will watch for price to rise to your entry price point and close.
EX: your ascending triangle has a top resistance of $1.00. you want to only buy in when that resistance is broken. But the price is $.95. By placing a (buy) market stop order in at $1.05 your order will close only when that price is reached. If you use a GTC time frame the order will strong watch your planned order entry @ $1.05 for you. GTC stands for (good till closed)
Here's some info from TD Ameritrade
The order types available are market, limit, stop market, stop limit, and trailing stop orders.
Market - A market order indicates you want the immediate execution of an order for a stated number of shares at or near the current market price without any other restrictions. This means your order will seek execution once it is received by the market (as long as the security is trading). Please note that execution price, speed and liquidity are affected by many factors, including market volatility, size and type of order and available market centers. Keep in mind that prices can change quickly in fast market conditions, resulting in execution prices that are different from the quotes displayed at order entry.
Limit - A limit order indicates the highest price you are willing to pay for a security, or the lowest price you are willing to accept to sell a security. Your order will be executed at your designated price or better. This helps protect your order from sudden volatility, but it also means you will only buy or sell the security if it reaches the price you're seeking. Unless you specify how the limit order should be processed ("All or None," "Do Not Reduce," or "Fill or Kill"), it may be partially filled with fewer shares bought or sold than you requested if the price you specified is met but the full quantity isn't available at that price. A limit order also allows you to specify a time period within which your order remains active-it will seek to completely fill your order at your limit price until the time period ends, after which your order will expire. Keep in mind that trades executed in multiple lots on the same day are charged a single commission but trades partially executed over multiple trading days are subject to commission charges for each trading day.
To summarize: A market order seeks immediate execution at the next available price or prices. A limit order seeks a certain price or better but may not fill if the market never reaches your specified limit price.
Stop market - Choosing Stop market for the order type indicates you want your stop order to become a market order once a specific price has been reached. There is no guarantee that the execution price will be equal to or near the activation price. Stop orders are accepted on most stocks and options.
Stop limit - Choosing stop limit for the order type indicates you want this order to seek an execution at a specific limit price or better once the activation price is reached. Enter an activation price as well as a limit price for these orders. Depending on your strategy, the limit price and activation price may be the same. The order becomes a limit order once the activation price has been reached. Stop limit orders are accepted on stocks, as well as most options.
Trailing Stops (Sell) - Trailing stop sell orders are used for long stock positions to maximize and protect profit in rising markets and limit losses in falling markets. With this order, you do not enter a specific activation price, but rather, you create a moving activation price by setting a stop parameter. The stop parameter can be entered as a point value or percentage below the current bid. If you use points, the trail amount must be a minimum of $.01 and no greater than the current bid. If you use a percentage, the trail amount must be a whole number between 1 and 99. If the bid moves up, the activation price increases to "trail" the new value. If the bid drops, the activation price does not change. When the bid drops to an amount equal to or less than the previously recalculated activation price, the order is activated and becomes a market order.
Trailing Stops (Buy) - Trailing stop buy orders are used for short stock positions to maximize and protect profit in falling markets and limit losses in rising markets. With this order, you do not enter a specific activation price, but rather, you create a moving activation price by setting a stop parameter. The stop parameter can be entered as a point value or percentage above the current ask. If you use points, the trail amount must be a minimum of $.01. If you use a percentage, the trail amount must be a whole number between 1 and 99. If the ask moves down, the activation price decreases to "trail" the new value. If the ask increases, the activation price does not change. When the ask increases to an amount equal to or greater than the previously recalculated activation price, the order is activated and becomes a market order.
Please Note:
•When choosing Stop orders, buyers must enter a stop price above the ask price. Sellers must enter a stop price below the current bid price.
•Stop orders for equities are activated by the last trade price.
•Stop orders for options are activated by a trade price or the ask price for sell stops and a trade price or the bid price for buy stops.
•A trailing stop order will be canceled in the event of a corporate action, such as a split or a dividend payment. The order will be canceled before market open on the ex-dividend date or day of the split.
As with any stop order, there is no guarantee that the execution price of your order will be at or near the activation price. Execution at a price different than the activation price is more likely to occur in conditions such as a fast-moving market, at market open or market close, or when trading has been halted on a security. A limit order carries the risk of missing the market altogether because it may never reach or surpass the specified limit price. In a fast-moving market, it might be impossible to execute an order at the limit price, so you may not have the protection you sought.
Step out of the herd. Finally realize retail does NOT control OTC stock price action. Realize there is no shorting on the OTC any longer. Understand price increases with a combination of well timed news releases and manipulative large buying of the ask stack. And price decreases with a combination of a failed PR story to continue putting out positive news and no one buying the ask price.
Bashers don't kill companies, any more then pumpers strengthen them. Companies survive on funding cash. What happens to the stock share price has zero to do with company success or failure.
Business runs on the capital made available thru selling stock from the authorized treasury shares for cash loans from VCs on the OTC. The price paid is what effects company accounting. Not the share price. Share price only effects shareholders wealth, not the companies. It's wealth is a one time price paid for funding. How effectively management uses the funding cash determines success or failure based on growth or steps completed within the business plan.
90% of the bull you read on message boards is bull. They have NO control of the company or it's stock. They have control of the boards entertainment value only.
RE-post of old darkside explanation.
Worth a read if my term darkside is foreign to you.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81619402
Cool; hope the new darkside move continues. I want to sell my bag at even.
Thanks for the research. I don't research OTC companies.
If your thinking PMCM is the same, making it worth buy in higher and will become worth $17. Don't. That "thought" your OTC startup will become the same as an established company in the same industry. Logic doesn't fit/work. IMO
You hear "xyz" could become another Microsoft, because they both create the same system software, reasoning, at message boards all the time. It's like saying a new born baby will win a race at the Olympics, because they have two legs.
If your just bringing the new industry to our attention. Thanks.
But IMO leasing space doesn't produce sales profits that selling pot does. And the retail herd should understand that! The word POT does not mean large future operating/profit margins for any startup company..