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Catching the "shake".
I've noticed that if you miss the initial pop up on a quick break-out, you can bide your time a little and when the MMs try to shake some shares out of the nervous-nellies that will sell on the first tick down, you can frequently get in on a nice little dip before the upward drive continues on its merry way.
IBZT - Driving me nuts! Got caught with just 15K shares today, waiting for the "consolidation" to continue & add to position at a nice dip.
So what happens? Big news comes out and it goes to the moon. Well, not to the moon exactly, but .031 is close. Wish I had bought a big pone at .02.
*Sigh*
IBZT back on the run since news. In a way I'm wishing it had held off a day, 'cause I was going to add shares today on the continued dip.
Now it's running and I'm in a weak position to take advantage of it.
*Slaps forehead smartly.*
I was only in for 45,000 shares, but even at .013 I'm up a tidy little sum.
SBBlime said she's going to hold, I think I'm going to take my profit and run. :) Any thoughts on it running back to the .014 or .015 range this PM?
Yes, I've noticed this type of behavior on several stocks.
I thought I was wierd for wondering what that was all about.
OK, OK, my wife is......
well known to most of you.
Sorry, can't give that up. She'll peel a strip of hide off me.
Thanks for a great week!!
I have to go back to work on Monday, so you won't see me poking my nose in too often after today, but it sure has been fun... and profitable. Go IBZT!!!! I'm gonna miss this excitement and your snappy posts & I really mean that. You're a great crew.
My wife will still be around to keep you guys in line. :)
Thanks for the info. I have 40,000 shares and I could not for the life of me remember why I bought it. Dumb me.
I think it was a suggestion from another board member, or my wife. She's the Sub expert in the family.
TLXX - anyone have a position in/opinion of this stock?
CYPT - I think so, too. I'm looking forward to next week to see what kind of run is in store. I don't think .008 is out of the question. Maybe a penny, but that would make me so rich I wouldn't be able to stand myself. :)
LBTT exit strategy. Looks to me like of the stock breaks .027 and then retreats back to that price, that would be a sell signal.
That (.0265) would give me a 51% gain. Is this OK for a Sub stock? Remember, I'm the newbie around the subs.
I sure hope so. I just added another 10,000 at .20.
Nap... sounds like a good idea to me.
Unfortunately, I have to go back to work on Monday after being off for the past 12 days.
So you'll not have my charming wit and lively humor to get you through your trading day after today.
Unless Mrs. SpillWay hits another biggie, in which case I'll just retire and watch her trade all day :) while I annoy you folks on the Sub board.
Sorry, didn't realize there was a history there. :)
It's still funny.
I'm trying to add another 20K at .0063 but the MMs must be taking a post-lunch snooze. Either that, or they're really proud of that ask of .0065.
OT: Art2Gecko, that's the funniest clip I've ever seen. I laugh out loud every time I read one of your posts. Thanks for the grins. :)
OK. PLKC I'm in for 20,000.
PLKC... Buy now? Is this the time to jump in?
Thanks in advance.
CYTP Added another 20K. Lookin' good today.
Still holding LBTT, PGHI, & IBZT.
Oh, and I'm still holding my breath, too....
In CYTP @ .0058, 20K.
PGHI bumped its head at .058. Holding.
.0017 bid, .0025 ask
Sorry, I hit the post button too fast.
I'll for sure do that! I think IBZT has a bright future, but of course I think that about everything I buy. LOL.
A little hair o' the dog for breakfast, perhaps? :)
IBZT.. Although the initial euphoria has come and gone, IMHO their virtual keyboard will be one of the next "big things".
I was glad for the opportunity to re-enter IBZT yesterday on the cheap. As a PDA user, I will state that I'll be one of their first customers when it goes retail.
I see now how to view replies to a new message. Sorry for my initial confusion, I'm new here.
And thanks to all of you that let me know how you feel about PACC. :)
I have two friends that have been around this board for a while and they are currently laughing at me for my "newbie bumbling".
PACC... I posed this same question. Anyone out there with thoughts on this one?
Thank you, Dallas. This whole micro-penny trading arena is new to me & I hope to learn a lot from this board.
I caught the tail-end of the IBZT ride and made some good money on it on the advice of a friend. I see I have been missing some lively trading by not paying more attention to the OCTBB.
I doubt the fundemental and TA practices I used for trading higher valued stocks will do me much good here, so as I said, I have a lot to learn.
Thanks again.
Yes, a prayer for those in the armed services is in order. Thanks for reminding me.
PACC. Where to now? It's had a nice run for the past two trading days on good volume, but does anyone have any info that would lead you to believe it will continue?
Thanks, and Happy New Year to you all!