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Hey Eleven. I hope you took my advice and went for those 3's. It might be looking like a pretty shrewd move come tomorrow!
GLTU if you're still in this one.
That's because the Van Scan ROCK!!!! Go Van Scan! LOL
Seriously though...I just sent a link to sticky #3 to someone new to 'the pits' (i.e. pinkie-land). It is a very, very informative read.
Nice conversation tonight guys (and gyals if any). Without realizing it, we made it to #9 on the break-out boards. I guess I will say what we've all been saying...next week should be very interesting.
Agreed. ICOA has been very good to me!
Person Mark #4 for you just because I feel your pain....LOL. Yes, that can be tough, but then again, with these kind of plays, you never know where it will go. It could have gone back to 4's.
profits are profits any day. One takes them and moves on hoping for that next great play!
GLTU bro. May we all be seeing green tomorrow!
Indeed. I've often averaged up if it looks like a good play. Sometimes it turns out great and sometimes not, but with an average of 2, one can take that risk...and it had paid off for you already. That's how you do it bro!
GLTU!
Did you just agree with yourself? LOL....I guess with 1800+ PM's, you can do that!!! Go MOMO!
I know this may be a pipe dream, but these plays are really unpredictable. Again, i defer you to the following- the date shares were cleared for trading again was the Aug. 30th:
http://www.google.com/finance/historical?q=PINK:IFHR
Google rounds up, but the actual pps post RS was .0065.
I m hoping that there is something to be excited about heading our way. Time will tell....next week exactly.
Bankin...the thing for me is that there has been accumulation every single day since this has gone to no-bid. There are tons of no-bid stocks that are lucky to get any volume at all for the whole week. What's more, it appears there is never 'enough' volume to create a run, though the wall of 1's is very thin. How do I know that? A single hit of the ask on Monday for 5 mil took this back up to 1 x 2.
Then today, I placed an order for a mil at the ask and my order sat there for 5 minutes. 5 MINUTES before I canceled it!!! Eventually I did place the order and it got filled, but it was rather strange.
Lastly, at the end of the trading day...all of a sudden, there was an additional 5 million shares traded? I kept an eye on this and never saw that trade go through. I'm a bit 'intrigued by this trading activity to say the least. It almost felt as though 'there was an effort to suppress the trading volume today...question would be why?
C'Mon JMON! Long and strong baby!!!
ZIPZ: Speculative but... That's how money is made with these lotto plays. Potential Tight Float play for next week if news (that is anticipated) is released along with the RS going into effect. Hoping for another IFHR like post-R/S run.
Note: I hit those 1's on Monday with a 5 mil buy and it temporarily re-established the bid. Got a 2-print Monday and Tuesday.
Does this company have a history of using pps as an ATM? Also, I would think that their recent acquisition with shares already available would have 'impressed' those keeping an eye on this.
My only other question is rhetorical. Doesn't company now have a new CEO? I would think a new head would want to begin with a different strategy and one that destroy pps and shareholder confidence.
JMHO
Damn it!!!...
I sold this one too soon. Got some 9's and sold for a quick double. Who knew. Guess the impulse to sell was due to not getting them when I first eyeballed them at the 5's. Would have made for a better risk/reward ration had I gotten them that low...would have held longer had I done so. Oh well, I'll never go broke taking a profit.
GLTA...and great call for those who held.
OOOOh, looks like someone's trying to average down nice and low. IMO, the MM's got to 'restock' with this pullback. If you get that confirmation bounce off those 6's look out above.
You're not getting any of my shares....you'll have to reach really far down for those and all these current eyeballs won't likely let you have that IMO.
GLTU in getting your 5's.
GREAT reply Jason. Many of us ICOA die-hards have been here long, way before this thing even saw any 5's. We were here while 1's were still occasionally available.
With that said, you'd better believe some of us have got free shares and dry powder ready to slap anything that comes near the 5's. Former resistance (those 5's) is the new support. I know it and so does any insightful trader, so I say let the nay-sayers bring it on!
Go ICOA! ...and mojitos
I've certainly learned some expensive lessons myself....and I'm sure there are still others to come. Too bad what you all have experienced from ZIPZ leaders has not been comparable to what I have experienced in m couple days here with all the good intentioned and honorable folks out here on this board.
Best of luck to you EB. I hope to see you out on an I-HUB board where the play is treating it's holders much better.
Sorry...true too what you said about 'buying crap'. Thing is, most of the plays out here is crap. Unlike ZIPZ, most don't even have a product to sell. They are selling you their ideas and statements....and the stock runs...go figure. I spent part of Saturday researching one play that I was keeping an eye on that had just gone from no-bid to .0001. I realized that it was a 'garbage play' and posted some DD I was able to offer...in addition to all that was already there pointing to the same. What did the stock do Monday? Run to .0005...LOL, go figure.
That's why I was not afraid to hit the ask here even a no-bid. Often it's just a matter of tome before a few someones decide it might be worth more that a triple penny. It's just a matter of being patient.
Now, I will admit, that RS does change things somewhat. We'll have to see how this pans out. It's worth it as a 'lotto play' though....particularly if you have had some nice runners.
GLTU
Hey Ernie. The kick-in-the pants is that they actually have a legitimate business. They have products available to sell. Like someone (perhaps Tadaaa?) said earlier, they may want to consider their areas of 'wasteful spending' instead of relying on shares to fund their operations.
Cant really say a bottom is in until tomorrows
confirmation of that action.
What's the story with today's volume. This is unusually high with no news. Any speculations?
Thanks Tadaaa. You are a very honorable Mod....You call it as you see it. Not too common out here in pinkie-land.
GLTU as well.
Yes...indeed. I remember days when a 'current/recent runner' (IC*A) had anemic volume just like this. A few hands got tired of watching the paint dry and offered their shares to those more patient. As you can see, the patient have been able to lock in some rather sweet agains. MSOA- the 8's barely got hit today despite the slow nature that tend to frustrate many. I'm still sitting with a bit of dry powder waiting in the wings. It was nice being able to slap the ask yesterday and produce an uptick.
I want that feeling back again!!!
I'll admint, this question might come from a lack of knowledge on my part, but doesn't trading get halted while the brokerage houses get their share adjustment information and can establish the correct pps? We'll typically get a 'D' after the ticker too no? Also, where would the certs be involved if all my certs are electronic?
Unfortunately, 95% of pinkie-land is geared towards making a quick buck. That's why these plays are trading here and not on the other exchanges. It's about knowing when to get in and when to get out.
Interestingly, despite the no-bid, people have been buying each and every day....and that's accumulation...hits at the 1's. No one is wondering about that considering the no-bid, RS news an history?
Wow E...you've been here for a while then. Sorry for any incurred losses. I'm new to the stock and do think I can make some $$$ here, but that's only because I got in at the lowest possible price here. Of course money will not be made if post-R/S if there is no accompanying news or new interest.
The company can still do longs here a favor by trying to help pps with substantive updates...and help themselves as well.
Time will tell where pps goes. Again, I am keeping in mind what happended a few weeks back with IF*R. They announced a similar RS and pps tanked to .0001. Post-R/S (pps @ .0065 approx.), it surprised everyone with a run to .04. I guess when there was not much selling, a small amount of buy volume came in and had a big effect on the price...then the momo started. Of course now if it has pulled back a bit, but pps as of today is still above it's RS-opening price. Poeple who held on made some good money.
Each stock is different and supply / demand will determine pps.
Hey rbb. I was able to place an on-line order...yesterday and today. Tried just now. I was able to see the order in my que. E-Trade.
Interesting indeed. I had my own small order placed a moment ago at the ask. It sat there for about 5 minutes without being processed. I wonder what gives?
Showing a little bit of action today. At least better than yesterday. Interesting, though small, hits.
Wow...very slow today. Good sign...if no one is willing to sell anything large, we go up! Just a matter of time before volume comes in. today...tomorrow...I'm willing to wait for a triple.
Yes...and though I like knowing there's some support on the bottom, when volume is dry like today, it signals no one willing to sell, so if you want in, gotta do some ask-slapping.
Effective date 9/30, though news indicates they are awaiting FINRA approval. Speculative, but then again, it is a 'lotto play'.
Right on my man. Sorry about that ealrier morning incident. Help build a bottom all. Make this show there are tons ready to buy at the 1's on L2.
C'mon JMON!
ZIPZ: Get some of those 1's
JMON here too! Great value & SS
Remainder of this week's going to be good!
C'mon MSOA!
.0025 by Friday.
MSOA and possible ZIPZ for 2day!
Morning Gumz...Morning all.
Because this would be typically considered a 'lottery play' in the trips, with the R/S this week and news anticipated, I'm moving this into my 'specualtive tight float play' category.
There is potential to make some good money here if a sequence of events plays out strategically as opposed to wrecklessly.
GLTA. Go ZIPZ!
ZIPZ: Keep an eye on this week and next.
That no-bid is a very thin wall. ZIPZ printed 2's yesterday and Monday. Speculative tight float play withnews anticipated this week or next.