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WDCO really has a stronghold on the bid ... just follow WDCO to see where the bid is going to be next...
Anyone think this is actually going to get halted? I find that hard to believe.
Looks like the bounce is over... dang I hate the fact that I was trying to be ballsy and play AONE, used my only roundtrip left on my margin account and missed the bounce on PWEI.
Faaaaaaaark
Edit: Maybe I spoke too soon...
I think you got in really nicely, good job.
Yeah same here. I bought in at 9 cents and got out luckily at 8.5 cents ... quite scary when you think about how far it's dropped. I made a good profit on PPHM... this was not the same at all
I wonder if it's still good for some sort of bounce? Technically they filed chapter 11, not chapter 7... which means there is some recovery plan in effect.
Yeah watching L2, it looks like it might possibly hit below 10
Hmm interesting, thanks for the info.
Yeah good points, I'm watching carefully. Although ISIS is starting to look like a good flip also...
Does anyone think AONE will bounce today even in the slightest? They're filing Chapter 11... I don't see any reason for a bounce at all
CLWR
Looks prime for flipping... down almost 20% pre-market
Btw, glad to see others who profit from a similar strategy. So far this hasn't failed me.
Nice, good idea, I didn't think of that at all. Thanks.
Oh I see, thanks a lot for the info, appreciate it. And great to see you back Ken!
Margin account question
Just wondering if Chris or any of the more experienced traders would know the answer to this?
So I have $10k in my brokerage margin account, and I've already made 3 round trips. Then today, I deposit another $10k check.
Does this mean I get 3 more round trips with the new $10k, or is the 3-roundtrip rule per account regardless of added funds?
Thanks for any responses. Would love to buy PWEI when it dips tomorrow (or at least I think)
In at 1.82, out at 1.93
About a 6% gain, which is not bad. Better than my last trade gain of 4% today.
These put me back to where I started this week, only because I started this week making a bad play outside of my usual strategy. It's tempting to chase a stock that's going green, but
I think I'll stick to buying panic drops and flipping small bounces. It's proven successful time and time again.
Cool thanks for the response.
Yeah my general strategy overall involves making money off panic sells with stocks that are oversold with low RSI, which usually end up bouncing at least a little. Whether it's shorts covering or news turning out not as bad as people thought, it generally works.
Just placed an order for 1800 shares @ 1.8 now... seems like a bargain at this price... I think we hit 2 by midday or AH.
Edit... had to modify to 1.82 ... hope I get in
Anyone buying/adding here?
Looks like a lot of orders coming through at 1.85, but the bid keeps getting whacked lower. I wonder if 1.85 is the turnaround point.
I was eyeing it at 2.05, but flipped another stock in the meantime, and now I see I'm glad I waited. Not sure whether to buy in here or not though. I think as I type this, it seems 1.84 may get revisited again.
It all just seems like too much of a PPS loss considering the bad news. The news isn't that bad, because we don't know the actual numbers yet. Someone is certainly eating up millions of shares in the 1.8s
I just got out for a real quick morning profit. .123 to .129
Unfortunately can't watch at work, so I only have about a 1hr window to trade in the mornings. But just have to say that compared to PWEI yesterday, which took several minutes to fill despite the larger volume, TAGG buy/sell filled for me within seconds. That's the difference between these plays. APS plays have always been easy to get in and out of. Even VLNX was easy enough that I went in and out 3 times.
Not really anything positive/negative to say, just my experience. I just don't hold promos overnight any more. GLTA.
Do any of the people talking about halts have actual access to L2? Because I'm seeing this rebound, slow as it may seem...
Who called it suckers?
Selling is drying up... time for buys... here comes .13
Chance to get out, or chance to get in?
Now that I have L2 on this, definitely more informed... here comes another dip FYI
Where can I get L2 for Pink sheets and OTC?
Yes I am punching myself now.
In at .179 out at .173 ...Hard to Sell
Just saying, my buy order went through fast. I'd set a limit at .18, and it went through in about 30 seconds. My sell order, I initially set at .18, and even though the PPS was at .185 at the time, it didn't go through. So I modified / put in another and finally got out at .173 for what seemed like about 3 minutes.
Losing only $150 on this is a blessing. Could be much worse. The fact that buy was so quick and selling so difficult is an indication that this one would be tough to get out of if it crashed all of a sudden, which these all do.
Not going back in. GLTA.
No doubt this is going to bounce...
1.4 milli buy order at 2.2
And it seems to me selling has dried up... I bought back 1600@ 2.2 and sold again at 2.3
Not a bad day at all... off to work now. Unfortunately my strategy requires constantly watching L2. Hasn't failed me yet, but still, gotta go back to the day job.
If you're holding right now, I would hold. I am pretty certain we will hit at least 2.4 today.
Nice entry! Although this lung cancer drug was their only potential product that would be on the market right? I wonder why it would go back up? I feel like it's a good play today, but I see another dip coming. Reminds me of PPHM...
Though the bid is just getting eaten up like crazy...
Bought 1550 @ $2.1
Hope I got a good deal...
... and sold at 2.23 for a 6% gain, which is not bad in about 5 minutes. I like playing it safe and fast. Company has no drugs on the market currently right?
Based on what?
There will be no bounce
I think the problem with most of you here is you're trying to read into the study, the results, the press release. Stuff that none of us outsiders have a clue about. Just trade on fundamentals of technical analysis and none of this would matter. Fact is, it was overbought Friday and it was a high risk to hold over the weekend anyway.
Whose "Dart"? If it's a MM, I don't see them on L2 anywhere ...
This is a flippers dream right now.
I just bought at $1.2 and sold at $1.5 in about 3 minutes. Making a couple paychecks in just a few minutes is a dream man, a dream.
I sold at $1.20 lol, it's moving too slow for my taste. I think I'll be back once the offering closes around Monday afternoon / Tuesday / Wednesday.
I think it's way oversold right now with an RSI around 4...
Should jump back to the 1.30-1.70 range soon. At least 1.30 would put it in a normal range... besides shorts will need to cover at some point.
big time 21 wrote:
"HARD MAILERS OUT WEEEEEEE"
... so I was trying to see if it was just a claim based on the newsletters or if he/she has actual proof of a bar mailer.
Got proof?
I was going to buy this morning around 1.24, but glad I waited. Just picked up 2350 shares at 1.19
I think we see a bounce back AH or tomorrow morning. I'm in for the short term.
Was anyone promoting this? Would be interested to know if it was a particular newsletter. Thanks.
Anyone buying the dip today?
SEC is investigating...
I read it earlier today. Sorry no link because I'm at work, just typing this on my phone.
Although that may be just a rumor (read it on the Yahoo boards). I personally think it's a symbol change like we saw with CTDT
How much longer do you expect it to go?