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OK, thanks...
Need to get some volume in here soon. One day, fine, but if the buying pressure dries up, the run will be squelched.
why today? EOM.
Nope. Weak close, bad day...
Glad I sold out, at least for now.
I'd take UNCH for a close...
On 100 million + volume.
Pretty strong, lot of fight, must say I'm impressed - so far.
We'll see what happens in the last hour.
Umm...yes I have...
Talking about an INTRADAY reversal. Which looks unlikely, but you never know. Close of .0007 or above keeps me interested.
So sorry, no "bye" just yet.
For now, I am one of those "fools"...
Volume dries up, momemtum players exit. Same pattern over and over again. Need at least a couple of weeks of consolidation now, then see what happens after that.
That being said, if this stages a great reversal on big volume before the close (and prints nines), that changes things and I'll get back in. Don't see that happening though.
Good luck longs - shorts/MM's, go to hell.
Not without buying pressure...
On this volume, no way this breaks out IMO.
Sorry for the cynicism, I am currently long, but I think not. Hope I'm wrong.
So where IS the volume?...
Could be a good sign early - perhaps any flippers have left. But it has to come back, TODAY. MM's/shorts will take the slightest lull as an opportunity to try and beat this back. Which could in turn make the momentum players exit.
In at .0006, but remain cautious until we see 100 million+ in volume along with an uptick to the nines.
Volume drys up, any chance of a big move short term is finished IMO. And we need to see .0009's today at least.
Good point on the stacked bid...
I agree.
Took my position just before the close on Friday, hopefully for a run this week.
We'll see.
Nobody biting on the .0007's?...
Really?
For "reel"? EOM.
No problem...
I actually can't stand the people who flip for .0001 - I think it inhibits the momentum of the stock, and I am more of a momentum trader.
If we start printing .001s going into the close tomorrow, I will do my part to keep it rolling into Friday and next week.
You're not getting it, iron...
My target price to get IN is .001 - if it does that, I think the stock has a chance for a real nice run, and I'll ride it for as long as it goes.
I'm not flipping for .0001 or .0002, I thought my plan was pretty clear.
Thanks caballero...
As for that target, it's .001 - pretty black and white for me. And I think it's going to take a heck of a lot of REAL upside volume to get there.
Good luck to you as well.
Nobody "played" me into anything...
I bought in on at the close on Friday @ .0008, anticipating a break over .0009 on Monday.
When that didn't happen, and the volume wasn't as strong as I had hoped for, I sold out.
That was my plan all along. Some of us are methodical, and have an UN-emotional game plan going in. I am out now, but watching closely. Now I want to actually see some .001's print near the close on big volume before I get back in. In the meantime, I'll watch the MM's play their games from the sidelines, and see if they can break the stock.
I feel that .0009 is absolutely the resistance point and the MM's do not want that level tested again.
Today's volume is interesting. No way to tell if it's artificially generated by the MM's in an attempt to alarm people (or suck them in), or if it's real buying. Time will tell, soon IMO.
better close at least .0009's. EOM.
one just fell off...
down to five MM's at .0009 on the ask. we'll see if it's just temporary or if we're actually starting to chew through those nines.
I see it the same way, Gold...
Given the strong volume, I'll be satisfied with a .0009 close, but hoping for .001 or better.
hoping that upper band...
provides some support for a run this week. gotta get above it first.
I agree...
Have to get though the .0009's.
My opinion only, but I think we have to close .001 today on good volume to have a chance at a run this week. I got in before the close Friday specifically for a possible run this week. So for me, today IS the pivotal trading day (in the very short term).
Next step as I see it is to start chewing through those .0009's - if we don't do that by the close, I don't think it runs this week. We'll see.
very, VERY sad...
This was ready to run. Such a shame. This process is simply dragging on too long.
Out today with a small loss.
Good luck longs.
On to the next one...
what happened to...
BMIC, FANC, and DOMS? Thought they were waiting to buy at .001?
gotta love you guys...
down 40% on heavy volume and you guys are all proclaiming what a great buying opp this is.
if that's so, then where are the buyers?
if we close back at even, nice call. if we finish down here - i think you are either delusional or in denial.
I hear ya bobby...
i understand where you're coming from. let's see how this plays out.
yep. EOM.
great post Nick...
agree 100%
Yes, rich. Exactly...
It sure looks like technically it is ready to breakout. But like you said, we need volume to do that and I presume the only way we get the volume is with some news/updates.
At least one other person on this board sees the possibility of an implosion as well. This waiting period cannot drag on forever, and although the unshakable longs on this board think a drop in PPS is virtually impossible, not everyone shares their infinite patience.
I am here looking for a breakout, which could happen any day. On the flip side, if the chart breaks down, I'm gone. And I probably won't be alone.
Anyone who discounts the charts is being foolish, IMO. Look how hard the MMs have tried to break them in the hopes of getting people to sell. Thankfully, they haven't been able to generate enough downside volume to succeed yet.
And BTW, the mid point of the Bollinger Bands is the level the stock is holding onto in the short term.
Yes. Definately agree...
At least someone who I assume is a chartist is watching and not letting them play games.
An absolute SHAME-
A great technical setup, ready to break out...and the volume totally disappears.
If those on the sidelines keep waiting for pink sheet compliance/ subsequent events, IMO they will wait themselves into a date with the 200 day MA.
Looks like I'll hope for yet another .0016 close and see what tomorrow brings. Such a pity that I still have to keep the possibility of a breakDOWN in the back of my mind. For now, I will keep breakOUT in the front.
I'll take the .0016 close...
But we need to start inching higher soon.
Didn't buy today, Block...
Sorry, didn't mean to give that impression.
I bought a couple of million more on what I thought was a possible breakout in mid Sept at .0009 - that was my last buy. That's also right around my cost basis, so I have a little leeway from today's PPS.
Been holding and waiting since then.
Yes, unless MM's pull a fast one...
Always possible.
I'm thinking this is just tree shaking, but wondering who would be selling now?
Charts are still OK, and the news is supposedly around the corner. I could see if we broke through support or some bad news came out. But since neither of those have happened to date, what gives?
I can only assume the slime (ETMM, NITE, etc) is the culprit.
i figured they would also...
hopefully we will close here at .0016 (or better).
Already bought 2 million more shares...
Than I had planned. So no, not me. Will have to be someone else.
Have my eyes on a couple of others in case this dosen't work out here. Trying to keep a fairly strict asset allocation discipline.
Wow, suprising...
Thought you in like most of us for a breakout above .0025
So you have no position here at all?
I'd be OK with a .0016 close...
But no less.
That's the truth, Phil...
They make the rules, and thus usually hold all the cards. I think this could be the exception, and so here I am.
Surprised to hear you're flipping. With all my skepticism, I am all in until the charts break.
I'm assuming you are only flipping a small amount of your holdings?
This is blatant MM manipulation...
I mean NITE (the d*ickhead du jour) is 30% below the other MM's on the ask.
They are obviously trying to create selling through fear tactics. If they succeed, then those people who want to buy but are sitting on their hands should take a good long look in the mirror.
That being said, This would be an unacceptable close IMO. Somebody needs to hit them back by the EOD. They can't just be allowed to do this. Otherwise they will do it again...and again.
There is no excuse whatsoever for this closing red today. Not with the float this tight and the ask this thin.
Yep. Lousy is right...
Can't stand the entire lot of them.
ETMM gone for now...
Must be out looking for more shares to sell. Guess they figured any more naked shorting is too dangerous at this point.