Thanks gave your suggestion to reader with question. I don't scan for OTC stocks any longer. Just research stuff on IHUB to see what everyone is talking about and check the chart. Sometimes I stumble on to something There or when questions come to the board, that looks good.

Only use 10% of my portfolio on OTC plays. Not that important to scan for trades. And I'm cheap. Don't pay for anything I can do for free. LOL But I remember liking that site even though the results were restricted/limited.

Actually DEWM did crash as expected.
http://stockcharts.com/h-sc/ui?s=DEWM&p=D&yr=0&mn=3&dy=0&id=p24517381609

original posts
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95266866
http://investorshub.advfn.com/boards/replies.aspx?msg=95266964

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95321252

I remember using that site. But don't you need to be a paid member to get full access?

MONIF

What I see there is an emotional gapping up with high exhaustion candle spike and red day exit signal. Would be VERY concerned about gap down and gaps below. Not thinking about any FIBs flag bounce at all.

Personally would be happy with what I get on that one. Don't like the odds for continuation. It shouldn't have gapped down if it was going to continue. IMO Should have retraced down over a few days to any FIBs bounce point.

http://stockcharts.com/h-sc/ui?s=MONIF&p=D&yr=0&mn=3&dy=0&id=p42397945313

Your at a hard decision point, if your in a "want more" mindset.

That was the Dec27 divvy open down 9 cent's from 9 cent EX date open. Something funky with StockCharts chart. It should show a gap down. Prices are screwed up some how.
http://www.finviz.com/quote.ashx?t=cim

Price always opens down the divvy amount, the day after EX date.
At any rate it's a buying op for special divvy and flag pattern. Now has a good gap above to help the flag pattern.

I see you've had an interest in CIM for a while. I use to have it as my main divvy play until this year. Moved to NYMT. 2013
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83419306&txt2find=nymt

The retrace did follow. IMO it's a gamble until it breaks top resistance on good volume. Which is .002. That's the only way to know if trading group accumulated more shares for sale to the retail herd or not. Doubt very much the company has anything to do with this right now. No funding found and no news for since ever.

Never believe the PR story, trade retail reaction to it !

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95232504&txt2find=LGBS

I don't have a good web site to scan for OTC penny stocks. Maybe others could suggest some. I do use finviz for big boards though.

Yea closed all 3 today.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95281010

Got;

CNDO @ $2.50
RAD @ $5.20
ROST @ $74.50

Picking up a few big boarders, I posted about recently.

CNDO, Now continuing, in the island reversal big gap power zone.
http://stockcharts.com/h-sc/ui?s=CNDO&p=D&yr=0&mn=6&dy=0&id=p62291523098

RAD, Had my wanted pull back to 5.20.
http://stockcharts.com/h-sc/ui?s=RAD&p=D&yr=0&mn=9&dy=0&id=p82691325899

ROST, Been waiting for a buying op. It happened and is moving to fill gaps above.
http://stockcharts.com/h-sc/ui?s=ROST&p=D&yr=0&mn=9&dy=0&id=p98573501193

I call that gambling, not trading or investing.
Good luck

By the way it's listed under Medical Appliances & Equipment, not bio tech. Still gambling on speculation, NOT performance !!!

EDAP

Weak company at best; bad fundamentals, little volume; small following. Guess your hoping for a lightning strike. You can't see them in charts and the chart does not scream continuation. IMO

Back at you and yours.

Divvy play heads up / flag CIM

CIM
Special Dividend
http://www.dividendinvestor.com/historical.php?no=6344
EX date Jan 6, Record date Jan 8, Dividend .20 Entry basis now $3.15 could go to 3.08 buying op. For 6%+ Q dividend capture play. Plus 6% swing trade possible on flag.

Own before Jan 6; sell after Jan 8 get 6% Divvy paid Jan 31. Hold and play the flag, could get another 6%+ swing trade at target?

Walmart stories, yep Walmart shoppers love Walmart story lines.

I remember a lighting company PR the name walmart for retro fitting their stores, that created a major run I made a killing on, a few years ago. Don't read the story lines any longer though. Would never know. But yes the name Walmart is usually tradable on the OTC.

A special "seasons greetings" to one of my oldest IHUB friends.

True I didn't think of that. Still it's a single bottom bounce trade. That has had a strong, fast come back. And it's reaching the 2 strongest resistance points. With the flag target of .0014 as good as reached. The complete picture doesn't impress me enough that the emotion will support continuation. The last price pop that large, had 3.5 times the volume, short trading day or not.

Just think caution is the word of the day. If .0015 is broken I'll be not only surprised, but wrong. IMO for continuation from here it will need another flag & break. Just too quick. Without volume support IMO. Wonder the odds for three lightning strikes in a row, on a third flag & break?

Caution, decreasing volume. IMO wait for a little volume support as confirmation.

http://stockcharts.com/h-sc/ui?s=ZGNX&p=D&yr=0&mn=3&dy=0&id=p81556073781

Thanks and a HAPPY HOLIDAYS to ALL.

DEWM

Caution

Thanks

Don't like the days price finish. If it was time to run it, the dark master would have kept the price high.

May need some more time. Many times you see this pre run, when insiders accumulate before VCs make their move and volume interest isn't high enough. Company management buys the open market when they know their funding partners deal is complete and the VC is about to get their ROI, with a fleece run soon. The only ones that really know any given stage of a funding deal is the VC funder and the company management. If you see volume spikes after an attention pop and the price doesn't continue. IMO could be insiders accumulating and repositioning the start price level. The OTC game is a team effort. VC's and company insiders vs. team retail.

Timing a little slow, 100 mil ave daily volume hasn't been accomplished, it's been 2 months since attention pop. You may see a few more days like that, depending on how much management wants to add and maintained interest level.

All speculation on my part. The price is in the double zero area now and volumes in the triple haven't stayed high enough. So weak triple zero interest now fits the double zero needs of 10 mil ave volume before a run now, it's 27 mil daily.

Yep this could be another step to set up before a darkside play.

Obviously the price action got your attention. When things happen at price decline bottoms. Either there is a dark master buying attention or bottom fishers move in to accumulate low. This can be guessed at by the price action seen.

If it's dark, the move lasts 3 days +/-, on increasing volume, to get retail attention. Deliberate price & volume increases, in your fact action.

If it's bottom fishers you see a pop day or two, dead or stall day or days and a few more pop days mixed in over a week or two, Irregular volume spikes, as they try to enter large without causing the price to rise to far. Remember they want to buy in low as possible, as large as possible. This takes a degree of stealth.

But either way it's only worth day trading when a bottom first forms at the OTC.

Keep an eye on XUii ; strong watch from weekly watch, for top resistance break on increasing volume.

http://stockcharts.com/h-sc/ui?s=XUII&p=D&yr=0&mn=3&dy=0&id=p90308817246

Last week the 15th I called for an exhaustion sell, on an attention pop that happened. Then added it to a call for weekly watch the 16th dive day. No research just chart.

Checked this week and price holding so well made me research share structure.

A/S raised to 3 bil from 450 mil with 271 mil OS and 30 mil VC funding shares for a total new OS of 301 mil. (reeks of over kill / future major funding possible) and VC took 10%, 30 mil share position in company, both reported in DEC. Plus only; 5 Shareholders of Record a/o Oct 29, 2013. No one held stock in this company but management, until VC bought in. (same 271 mil OS in last 2 Q disclosures)

Add on top a 4 PR blitz timed with attention pop started DEC., after 2 month lull. And obviously 5 day news supported attention pop, price wise. (not 3 day lightning strike) Note: average daily interest volume went from 500 mil to over 2 mil after attention pop. Remember darkside wants 1 mil ave for single zero stocks.

Humm anyone smell smoke?

LGBS

Volumes involved look like trading group. No news since AUG supports that. Trading group runs don't normally step up 3 times. They usually sell what they accumulated and it's over. Especially when there is zero company news supporting the run. The retail herd is buying completely on manipulated price action. So one should look for exhaustion to exit.

The question is how much of the DEC 3,4,5 was them buying and how much selling. This could be over or just starting depending on if they were taking profits or accumulating more.

IMO this should have been over DEC 12th. Right now there is a second high candle spike and red day following, signaling possible retrace to follow. If that happens, I'd strong watch it for possible re-entry. On the possibility the early DEC was buying from, not selling to retail. But still trade the negative signal now.


http://stockcharts.com/h-sc/ui?s=LGBS&p=D&yr=0&mn=3&dy=0&id=p77576594903

"The moderate board hype" subject.

You know I was thinking about your question and I would like to cover a subject you felt as important as news.

This is a BIG problem with pennyland players @ IHUB. They think their world is the entire world. Their little message board encompasses the total number of retailers interested in a stock. And that elite group has the power to effect price.

WRONG !!!

The OTC has many message boards covering any given stock. Some of them are from highly rated financial web sites. Like Yahoo, Google, MSNBC, ETC. Not just the few hundreds followers at IHUBs message board. There are also many message boards at web sites just for the OTC, like Raging Bull, Silicon Investor, Hotstocked, ETC.

Thinking IHUB is the universe is a problem.

Fibonacci Retracements


http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_retracemen
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70236072

Not day trades, but still have these on strong watch for swing trades. XDSL has formed the handle in a cup & handle pattern. Need bounce soon. FIBs at 50/61% depending on top line choice. SEEK also flag/cup & handle but had a disappointment Friday. Didn't continue FIBS bounce break. Closed the gap above and fell like a rock, ouch. Probably won't come to be. PEII turned second bottom.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95024296&txt2find=seek

ASTC

Ps; No idea why my 2.55 standing sell order didn't close the 16th, in the candle spike. Kind of pisses me off, broker said probably to many orders in front of me. But no way to know for sure. LOL how many have heard that from their broker before ! 1st time I've had a problem with TD Ameritrade account.



http://stockcharts.com/h-sc/ui?s=ASTC&p=D&yr=0&mn=3&dy=0&id=p06421978711

NYXO

Sometimes things just happen. Putting on a tin foil hat and speculating, I'd guess emotional speculators wanted in. Are those speculators the darkside ??? My guess, the herd mentality got out of hand, by some excited about the high volume resistance break attention pop day. If it was dark the volume would have been high!

We're back to attention pops vs. continuation of real runs. The darkside causes attention pops. Which don last. If they wanted it to run/continue right away, they would have sold into the new pop. Na IMO it's herd emotion. Volume too weak.

http://stockcharts.com/h-sc/ui?s=NYXO&p=D&yr=0&mn=3&dy=0&id=p38675696846

Buy the way; any trading the ASTC strong watch with me. Think about taking profits if you haven't. I traded my plan 1.75 to 2.55 on Wednesday, and it's @ 3.10 now, with a new exhaustion spike and red day following. Link back for original heads up.

There is an educational twist to this post at the bottom !
The more you see something happen, the more you can rely on it ! educational process.


Remember my TIP about selling the red day after an exhaustion spike. Don't want to confuse, but I also have a TIP about volume being half the day before, says very weak support for that days candle. So if you see the red day following an exhaustion candle, with half the volume of the exhaustion candle day. That red day may not be the signal of the retrace start. Since there is little negative sentiment strength to the red candle.

Since I was trading a plan. I didn't sell early on the 17th weak volume red day. Because of the plan, more then conflicting TIPS. Right now the same thing is happening as the 16th & 17th. The 19th & 20th could be a false signal because of weak red day volume support.

I really want readers to check the chart on this and understand the decision point the chart is at right now. Then evaluate your personal greed/risk level. While thinking about taking profits.

If I wasn't trading on plan. I would have sold the 17th and re-entered @ 2.50 resistance break the 19th. Losing 20 cents profit, I may not need to, if I had experience with this situation.

Following My low risk exhaustion trading TIP. I would be facing another decision for Monday. Would probably sell as a low risk trader and be happy with what I got. But I wanted to point out that when one TIP conflicts with another, It's a time for deep thought and recording results.

------------------------------------------------------------------

All this is about learning from experience, while trading. When you happen to be in a situation, like I just presented. WRITE down what happened after and remember it. Then the next time you see the situation, write down what happened and remember it. Once something happens 3 times, it becomes a pattern. And after seeing the pattern happen many times, it becomes a TIP. Many times later it becomes a RULE of THUMB.

So the question is " when one sees an exhaustion candle with a red day following" "with half the volume of the exhaustion day before" What normally happens? The conflict of 2 TIPS

I personally want to know what to expect the next time I see this, as I've not traded this situation that I can remember. So I explained my process for finding new TIPs while trading. Right now I'd sell exhaustion, over lack of sentiment change reversal strength. Maybe after seeing this 3 to 6 more times, I may not, and expect continuation on a weak volume red day. So I'll keep tabs on this situation for future trading.

----------------------------------------------------

http://stockcharts.com/h-sc/ui?s=ASTC&p=D&yr=0&mn=6&dy=0&id=p56010602647

Sorry but you've picked the wrong thing to study first. Candle sticks are the hardest to learn, understand, and very complicated. IMO less reliable then TA & charting. Trend, trend lines, support, resistance are the very basic basics of TA & charting.

Start here;
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis

NO it's a sign of continuation to target price projection.

If you don't know what a trend line is by now. I'd either start studying or give up playing the OTC.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:trend_lines

Yes done never to rise again, like the last big move, at least. Correct, until the next round of new funding comes. Then the next large run will happen again, as the VCs sell their shares for funding to retail for large profits again, in a manipulated run. Just like what happened the last time.

Are you reading the links I gave you about playing the OTC, the OTC game, ETC.

FLPC

Sorry I made a mistake. there is a tradable pattern, if trend line is broken one can take a small starter position and go larger on top resistance break.

Still dead When the darkside sold all their shares the play is over. Don't know how many times needed to be said. Once dead one
can trade a free trading chart pattern if seen. No pattern is present. But a channel may form. .025 to .04.

Also presented several posts about falling volume in a rising price, signals stall or retrace, due to lack of retail support. Look at the chart volume. Continuation comes with increasing volume, up or down price moves.

http://stockcharts.com/h-sc/ui?s=FLPC&p=D&yr=0&mn=3&dy=0&id=p30273500027

Good day at the SPX. It has surprised. Looks like Santa rally isn't dead. Was hoping for failed negative chart patterns and got it. Todays break of top resistance, pretty much puts heads & shoulders/ double / and then triple top, retrace to bed. Even with the first patterns neckline break south last week.

Smile Link back for concerns posts.

Up date on FCEL & PLUG heads up.

FCEL dove, off watch. PLUG held nice. But didn't get a day trade follow thru on either, this week.

PLUG on strong watch next week. Possible pennant breakout.

http://stockcharts.com/h-sc/ui?s=PLUG&p=D&yr=0&mn=3&dy=0&id=p94856661757

OLIE info update

Remember my question in my original post (link back) about OLIE was; What does "completed an assignment" mean. In regard to their $20 mil & $5 mil STRIP's note PRs. Last night I tried to figure this out and came up with this;

OLIE's PR smoke and mirror act caused me to research what "completed an assignment" meant and just what STRIPS were.

Basically (As I understand the high finance of treasury bonds and notes) after researching. It seems a major financial firm owns the OLIE PR'd $5 mil and $20 mil treasury notes. Not OLIE ! They then issue small zero coupon interest or principle bonds to investors. STRIPS Which OLIE was assigned.

The $5 mil and $20 mil notes are the smoke and the small zero coupon equal to 1 (6 month interest payment) is the mirror. That only the company sees/looks into. LOL

Never believe the PR story, trade retail reaction to it !


Case Study The acronym STRIPS derives from stripping, or peeling, interest payments from Treasury bonds and selling the interest payments and principal amounts as separate zero-coupon securities.

Zero-coupon securities were created in the early 1980s when investment firms stripped interest coupons from Treasury bonds and sold interest payments and principal amounts at their current discounted values. These firms acquired large blocks of regular coupon-paying Treasuries that were placed in trust with commercial banks. The banks then issued certificates or assignments against each of the interest payments as well as against the principal amount of each bond. Thus, a group of ordinary Treasuries was converted into numerous zero-coupon securities, each with a different maturity.

For example, an investment firm might purchase a large number of 15-year Treasury bonds, deposit the bonds with a commercial bank, and the commercial bank would issue a series of zero-coupon securities with maturities ranging from six months (the date of the first interest payment) to 15 years (the date of the last interest payment and the payment of principal). Thus, the 15-year bonds are converted into 30 separate zero-coupon bonds/notes. The new zero-coupon securities became so popular with investors that, in 1985, the U.S. Treasury introduced STRIPS. With these securities, interest and principal payments from U.S. Treasury securities are registered separately through the Federal Reserve. Each interest payment and the principal amount can then be sold to investors as a zero-coupon bond maturing on the date of the scheduled payment.

The U.S. Treasury does not issue zero-coupon securities with maturities beyond 26 weeks, so STRIPS fill the void. Investors cannot purchase STRIPS directly from the U.S. Treasury; rather, financial institutions create and sell them. (The U.S. Treasury does make the STRIPS program viable, however, by making the physical mechanics of detaching the interest and principal payments possible.)

Institutional investors make up most of the secondary market for STRIPS, but individual investors can easily purchase and trade STRIPS as well by contacting a broker/dealer. Many investors hold STRIPS through mutual funds.

read on to see if you intrepid STRIPS as I have.

http://www.treasurydirect.gov/instit/marketables/strips/strips.htm
http://www.riskglossary.com/link/treasury_strips.htm
http://www.sec.gov/answers/zero.htm
http://news.morningstar.com/classroom2/course.asp?docId=5449&page=1&CN=sample
http://www.investinganswers.com/financial-dictionary/bonds/separate-trading-registered-interest-and-principal-securities-strips-905

One never stops learning ! Seems STRIPS are just like ABS's (asset backed securities) in the mortgage market, that caused the economy crash, but used in the treasuries market for the big guys.

Reverse mergers are just another way to shift a shell. (Change ownership) That gets un-experienced retail excited, but shouldn't be thought of as positive. Because it's just the new start of a new OTC game. "By the way STOA, now STOAD, is going thru that right now (complete company restructuring) business and share structure" Usually a whole new process is needed before any real company action, in the beginning. Takes TIME, but the story line shift from a failed or long time stalled shell company, does excite bag holders/long followers.

We don't trade logic on the OTC, we trade retail actions. So just like dilution being thought of as bad by the OTC herds, is wrong, but traded down most of the time. The reverse merger is miss interpreted as good and traded up. Just another example why one shouldn't trade what they know or think they know. And should wait to see what retail thinks, before entry or exit.

About OLIE post. PM question answered here for all. Link back for original post.

First it wasn't an analysis, more of a tin foil hat speculation. Based on darkside plays managed by insiders and VCs don't trade more shares then the float. They trade the shares gotten for funding and some accumulated pre manipulated run.

The only way that happens (10+ times the float traded in 1 day) is when market makers trade naked short. Closing trades without shares to back them. This only happens when the run emotion becomes extreme and there are hundreds of buy/sell orders going thru quickly. And the only way hundreds of matching sell orders are matched above the float is when pro day traders are there playing the emotion, taking daily profits.

Little retailers buy on emotion. They just don't sell for profits as long as the price runs. These huge emotion pop day trade days need 2 things to continue. Someone naïve enough to keep buying and someone smart enough to keep taking profits. All managed by the market makers to increase trade fee's and small arbitrage gains, front trading.

Even if the company share structure isn't reported correctly and the float is equal to the OS. The 96 mil OS was traded twice, with a volume of 180 mil for the day. And that would also require naked shorting, as the odds the entire OS was available from major insiders/VCs that fast is very low! So any way you look at the days trading. It was a major manipulation day. And the odds that all restricted shares came off restriction due to debit conversion date restrictions being met is doubtful.

So my tin foil hat speculation came to the experienced conclusion that the majority of shares held after the end of day, were naked shorted ones. It looks like the next down day closed those naked short positions for the M&Ms. as the volume was once again huge.

Burst trades seen are (5 to 10 trades in 1 or 2 seconds) The burst trades happen when a big guy order is placed and it closes many little guy orders at once. This is pro day trades versus little retailers. Loading at bid and ask for new daily entries and profits. The little guy places an order for 10k and the pre for 100k, bang 10 10k orders show up closed in a second or 2. A burst trade. Only seen during highly emotions high volume high manipulation. It's stack buying to keep things moving rapidly. To keep retail from having the time to think.

GORO

Nice dividend, good margins, & ROI. On the other hand price decline 67% YTD, strong shorts, and management selling. That's a concern area. Price decline & insiders selling with good financials. Something doesn't feel right. Will new reserves help, if the company isn't executing in the first place? Damn; the old analysts had it at 12 bucks, ($8 May 2013) but it's at $5.


Good luck