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You weren't laughing last time i said it would go below a dollar and it did, major market correction is coming soon, another wards major sell-off in alot of stocks....
Exactly, it was shorted and still is, does it matter by who or what, when, where, or why, fact is there are shares shorted...
Yes i feel it will bounce again at some point, why, because it still has people's attention and interest, just 3 weeks ago i was in at .07's before it ran over 300% but i took my 42% gain, scalped and got out, why, because thats how i trade not just because this is a BK stock. This will go lower why, see these names popping up on the board now, pay attention they are shorters, i am familiar with 2 of them, so yes i believe it will go lower and I will bail at open Monday and get back in at a lower price when the selling and shorting subsides again but i will also keep looking for a hard tank for a possible deadcat bounce or scalp, i was just taking a chance to hold over the weekend like i had stated just to see if news was released, well it was but unfortunately it's ugly news, but i knew this stock was risky when i got in but thats why i only stuck a toe in and not a foot because i have scalped it 3 times now for gains, which is risky in itself at times to keep scalping the same penny stock. I'll definitely keep my eye on this and see once again where the bleeding stops.
Going back to a dollar and under....
Avatar sequels to use Chinese actors, Why, because like everything else it's money http://www.hollywoodreporter.com/heat-vision/james-cameron-avatar-2-3-4-sequels-371470
I'm glad you're optimistic but me and you both know that lawsuits almost always drives the price of a stock down and sometimes even into the ground, it most always effects the price of a stock negatively. They will teeter-tot around with this one for awhile, especially until November. I only stuck a toe in so i'm not concerned but the time spent teeter-totting around with this for awhile is probably not worth the time or hassle anymore until a definite bottom or definite news one way or the other comes along, but like usual i'll bail when the chart rears it's ugly head, if it does.
5 sets of News released after Friday's close of market, Geez, these people have everybody suing and investigating them. You file for BK and ya have everybody coming out of the woodworks to get a taste of the action, That's what happens when you dabble with a stock that's associated with China now... Red market coming in October and this definitely doesn't help them.
http://finance.yahoo.com/news/charles-h-johnson-associates-announces-211002482.html
http://biz.yahoo.com/e/120928/ddmgq8-k.html
http://finance.yahoo.com/news/pomerantz-law-firm-filed-class-214432517.html
http://finance.yahoo.com/news/law-offices-howard-g-smith-224500683.html
http://finance.yahoo.com/news/rosen-law-firm-files-securities-020612823.html
i have been buying for 2 days now, i'm trying, hahaha, seriously i have got 2 partial fills and my average is .059 i'm gonna hold over the weekend in case of some wild pr or newsletter would come in to play, but just in case i also have bids at .06, .055 that have yet to fill. I'm only sticking a toe in at this point, because i have already played this 3 times now and it seems its still risky at this point but i'll bail like a worm on a hot rock if the chart shows the first sign of ugliness...
Better tell ya subscribers to double down Doc before she runs...
Have had a buy order in all day that has yet to be filled... No use to overpay for something when it's just gonna go lower, thought i could scalp it again but it's looking bleak for now...
This stock is associated with China, it will more likely continue to sink, unless some newsletter pumps it, Think about it how many stocks associated with China are performing well, they continue to dump billions on our market driving it down.
Time for another daytrade or scalp possibly, Let's see if i can get filled...
NEW YEAR LOW Coming tomorrow...
Does anyone have any idea how long Ledbed plans to pump this garbage, i even tried to remove myself from his email list but i still get them. And every "freakin" email states about how he hasn't been compensated but a client friend of his or whoever who owns 486,035 shares of this crap, well i wish that "freakin" friend or client would sell his shares so that i don't keep having to see this useless ticker symbol in my email. I mean come on there is a difference in pumping a stock and relentless pumping like this is the next best thing since peanut butter and jelly...
Out for the Daytrade, Thanks ddmgq once again, I'll re-visit again at some point... Do i hear a low of .055 for tomorrow who knows....
Almost scalp time again
Anyone grab any in the .06's
China continues to dump on the stock market which will soon drive the dollar down and the price of gold to quadruple and more the price of what it is at currently. "Google" this name Robert Weidemer and his book Aftershock 1 and the revised edition, http://www.moneynews.com/StreetTalk/weidemer-aftershock-housing-prices/2012/07/16/id/445519 this is from the person who called accurately our latest stock market recession with all the banks which the government ignored, also Donald Trump states the same http://www.moneynews.com/StreetTalk/Trump-Obama-Stupid-Country/2012/06/15/id/442491 Author recommends Gold which makes sense... Either way Major, Major Bear Market Coming !!! Dow Drops 100 points alone today, The Biggest Sell-off in 3 months, http://news.yahoo.com/dow-drops-100-fed-officials-warning-204425180--finance.html
Get ready for the Biggest Bear Market in History....
It's more than likely going lower, maybe wait until the selling subsides and the shorts get out, it's still a lil risky at this point unless you plan on doing a quick scalp or daytradethen dive in like i do, i've played it twice already but gonna see where the bleeding stops or if i can catch the bottom of the day and sell at the open for a minimum 10% gain.....
This stock is associated with China and that should be another red flag, how many of the stocks even on the major stock exchange are performing well that are associated with China, hardly any, why, because China continues to dump on the stock market which will soon drive the dollar down and the price of gold to quadruple and more the price of what it is at currently. "Google" this name Robert Weidemer and his book Aftershock 1 and the revised edition, http://www.moneynews.com/StreetTalk/weidemer-aftershock-housing-prices/2012/07/16/id/445519 this is from the person who called accurately our latest stock market recession with all the banks which the government ignored, also Donald Trump states the same http://www.moneynews.com/StreetTalk/Trump-Obama-Stupid-Country/2012/06/15/id/442491 Author recommends Gold which makes sense... Either way Major, Major Bear Market Coming !!!
This one is way risky in my opinion i got caught up in one a couple of weeks ago that i had to quadruple down on and i hate doing that but made it up a lil over a week ago on this one in the .07's. Market is way too risky now I do not buy and hold anything, prefect time for Bear Market in my opinion, within a month there will be numerous stocks to short, i try to make money both ways....
Almost time for another scalp play, Let's see...
Tank time next week, Look out below....
Major drop coming to the stock market in a couple of weeks better keep gold stocks on the radar, let's see how it pans out....
Out with a 42% gain, can't complain, all in less than 3 hours time, i'll hop back in if a pullback comes or depending on the chart... Good Luck to all, Wish you much success..
Got a partial fill in the low .07's gonna see how it reacts i guess, nothing wrong putting in a toe before i put a foot in i suppose... starter position
I played Blockbuster myself, also LVS, Citi, Ford, BOA, Rhie entertainment and others when people were running for the doors and saying the sky was falling and i eventually scalped them all and held one for over a 600% gain, smart investors buy fear at times and scoop up the cheapies and then ride the return upward and they don't sit by fretting everyday looking at the chart they usually know by doing some 'DD' and of course taking risks at what they figure might be a value price for a particular stock. So needless to say this one has been on my radar for a bit, not sure where the bleeding will stop but whenever it hopefully finds a bottom i'm diving in, all it takes it news, a pr, a rumour, a pump from a newsletter, or major volume approaching a deadline, or various other reasons. I have been in stocks that were pumped by teenagers and one was pumped by a teenager living in his parents basement and it still ran over 400% with revenue of $31, hahaha. Just the intrigue of a couple of the names associated with this stock has people's interest and are waiting to see how it plays out, i think there are others on standby waiting but regardless like everything else time will tell....
Had to quadruple my position in the .09's and sold in the .10's just to come away with a 7% loss, which is ok with me i can live with that since last week i played it for 20%+ gain, now i'm officially out of this mess overall unscathed, for those still in it good luck with it in the future, there is still slight hope with a lil bounce but somewhere down the road dilution is evident, Thank the good lord i walked away from this one, that was too much of a danger zone for me, definitely a high risk. Thats just another lesson learned in for myself, Wish everyone much success, gonna keep most of my funds free until the year end tax sell-off, see you guys...
Now ya'll see Why i use my trading strategy like i do because of incidents like this, i knew it was risky thats why i didnt put much in it and wont lose sleep on it but i flip and keep it moving, well i said it would break .18's and it did, hahaha, ok bad humor, also said they are running for the doors for some reason, well now it is evident, also said they will probably "Dilute" well enough said there because you can dang sure bet thats will happen at some point, but i also went through this with Blockbuster and ended up scalping it just took some patience and time... Good Luck everyone and On to the Next Scalp....
This pos took a week and a half worth of my profits from other stocks so i definitely wont lose any sleep but Gonna see where the bleeding will stop, Plenty of sellers thats for sure, Anyone else crazy enough to be a buyer if it hits a nickel besides me
Only hope for this now is a very quick Deadcat Bounce or scalp, this thing is gonna sink straight below a dime right off the bat and head to a nickel and ya gotta be out of this play by wednesdays closing in my opinion or risk losing it all and tying up money and time. I figured "Dilution" would probably come with everyone bailing from the company but mercy this news is even worse. Well i'll see how it reacts and like i say bail like a politician....
Hopped back in @.243 Hoping for another scalp, this thing seems to keep teeter tottering back and forth sideways, Gonna just watch the chart and see how it reacts and if it breaks down i'm bailing like a politician...
Out @ $1.34, I'll take a 22% gain and move on or wait for another dip or play...
Nice news, wonder if it will hold though, can't complain i'm up a whole 13% hahaha
It means the same thing as this last month http://www.reuters.com/article/2012/08/15/greatbasingold-strategicalternative-idUSL4E8JF43E20120815 there is a reason why the big wigs are resigning which is a huge caution sign for me, excuse you will probably hear is they are making cut-backs or they are clearing house one, these people are leaving for a reason. Next up "Dilution". Still a major short interest in this one http://shortsqueeze.com/?symbol=gbg&submit=Short+Quote%99 Then you have indicators such as these http://www.barchart.com/opinions/stocks/GBG I still a crack in the support is possible. There are loads of Gold stocks out there to play so not sure if this is the safest play right now, management with this company is screwed about like JAG but either way time will tell.. I'll continue to just watch from the sidelines because i think they will try to keep the dollar propped up somehow with the election and all plus coming in towards the end of the season i like keeping my money freed up for the december tax sell-off and really scoop up some cheapies on several companies and ride it out on the run-up...
I agree totally with you about doing "dd" and trust me i pay no attention to anyones's comments, i look for legit links and the dd that some investors post because it can be very helpful. I don't trust the market by no means, nor anyone else's advice or opinion, and since i started doing that my account has been green for some time and let's just say that its a better feeling doing it your own way and trusting your trading skills but at the same time no trader has the perfect method or all the answers. Good Luck to ya though, Hope ya prosper
Not saying it's not a legit stock and doesn't have potential because i personally think it does currently and i didnt mean to single out a poster but i was responding in a way to a comment a couple of days ago, thats what that was about but nor do i trust ihub because i have been banned from several boards for providing legit dd when they delete it, thats why i refuse to pay measley dollars for this monthly service because of freedom to post but thats another story also just "Google" ihub and lawsuit and let me know what you come up with but watch this post dissapear, lol
No need to, i sold yesterday, so you probably bought mine in the .26's to short it back down, so i have none left to give you or i would, but i'll be back and i do trade both ways i reference to the comment you made to me a couple of days ago. Smart traders do that, they swing trade, short, and hold for just a bit, so keep that in mind. http://shortsqueeze.com/?symbol=gbg&submit=Short+Quote%99
Like i stated yesterday i learned a long time ago to take gains when you have em, while these investors are waiting and holding i continually scalp and flip and am already up 18% in another play this morning just by playing news and getting ready to cash out of it. So if this stock does double in 3 months or 6 months or whatever i usually can do that in 3 to 5 trades. Plus ya gotta know when certain names are on the board how the stock reacts and kinda pay attention, especially some that tell you yep i'm holding and buying and still the stock continues downward on some boards. I took my 25% gain and i'll play it again at some point depending on the chart, either way i'm ok with it, either way my trading strategies are definitely not for anyone but myself but as i said yesterday it limits risk, frees up time and frees up money.... Even though Gold in my opinion will be the major player soon, that dollar is gonna tank it's just a matter of time....