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MinnesotaWolf is prolly the one flipping. What is there not to like about the LLBO chart??? It's a very small amount sold at end of day, and he became hurt about someone wanting to perhaps sell their entire position and buy another stock. Could have been Minnesota wanting to mess with ppl's emotions, by saying he's not confident. There is nothing wrong with the chart. Everything is right about it. You're right this is a long term play. The sooner he realizes that the less clouded his trading will be.
LLBO weekly chart: http://imgur.com/Fgbwuhk.png
Does it not occur to you that most people are not flipping? And those who are flipping are flipping on low volume? Accumulation of this stock is high, just look at the stock- this stock is being accumulated slowly and is expected to breakout soon. Today's pps was tested on low volume and that's just what happens on low volume. The stock will break out soon. Let it breath and do it's thing.
What will be power zone do?
No bud... I was invested from Jan to March when I sold, and I clearly remember him flipping. Fact.
The proof is in Beau's posting history. You joined this party way too late to realize and got burned, and became Beau's #1 tag teammate. Fact.
Beau is an investor: FACT
Read his earlier posts. He rode the wave, as did you. Nothing wrong with flipping, everyone does it and posts how bad this company is 24/7. Remind you of anyone you know?
Reasonable expectation of safety is found only in the 10k&q, as well as a stock's liquidity. That's what it boils down to. Everyone knows VOIS is a pump and dump. That's why ppl are trading it. If you want a legit stock, you trade the big boards. You don't trade a legit penny stock bcus it would take "forever" to see a spike in price.
These guys are typical swing traders. As soon as this takes off for another pump they will ride the wave. Don't doubt that for a second.
The entire penny stock market is one big pump and dump. How else can you transform $100 into $500, or $1000 into $5000?? It would take years to make $500 in NYSE or NASDAQ stocks. It can be done with big board stocks, if one is a keen investor. Stop wallowing in your sorrows and learn the secret of penny stock trading. The sooner you understand this system the better off you will be.
Pump-and Dump Protection:
Unscrupulous investors who try to inflate a microcap’s price so they can dump shares at the top and make a fortune — right before the price crashes again. This is most easily achieved in microcaps with thin volume, because it’s easy to move the market with a low-priced stock that trades only a few thousand shares a day. It’s an increasingly popular tactic — a Trustwave report recently showed that penny stock-touting messages accounted for “16% of unwanted email in 2013, up from less than 1% the year before,” according to MarketWatch. You can protect yourself by looking for more liquid stocks that trade on higher volume, and even then, it’s a good idea to use a limit order to prevent buying shares at a higher price than you expected.
Want to Protect Yourself? Try Reading.
Again, penny stocks are a highly risky asset class where even reasonably legitimate companies can go bankrupt. It is on every investor to do his or her own research and look seriously at microcap stocks before simply buying in based on a narrative of once-in-a-lifetime opportunities.
And remember this above all: Over-the-counter and pink-sheet stocks are still subject to SEC oversight, and by law have to file certain documentation. That is your best hope of getting the real story.
Take the hilariously named Great Idea Corp, a penny stock incorporated in 2011 that has one of the most absurd prospectuses I have ever read.
Here’s an excerpt:
“The Company was formed by Nishon Petrossian, the initial director, for the purpose of creating a corporation which could be used to consummate a merger or acquisition. Mr. Petrossian serves as President, Secretary, Treasurer and Director. Mr. Petrossian determined next to proceed with filing a Form S-1. Mr. Petrossian has no specific experience, qualification, attributes or skills to perform as a director of a blank check company nor in the acquisition of acquisition candidates.”
Got that? A guy with zero experience or skill wants to raise money to acquire another company … nice dream!
It gets even better, with clauses that allowed Petrossian sole discretion over executive compensation (just his, of course, since he serves in all four senior roles), and furthermore that “The Offering Price of the Shares bears no relation to book value, assets, earnings, or any other objective criteria of value. They have been arbitrarily determined by the Company.”
What could go wrong?
Thankfully, Great Idea Corp is no longer out there — because, as should be evident, it was a penny stock doomed to go to zero.
But it is highly instructive that a company like filed with the SEC at all.
Bottom Line
The best way to protect against penny stock losses — either through fraud or just bonehead ideas — is to actually know where the money is going. If you don’t take the time to read through documents or at least poke around the Internet, expect to get burned or ripped off.
http://investorplace.com/2014/05/fraud-penny-stocks-scams/2/#.VWsuGtm9LCQ
No, I can't reply privately bcus I do not have private messaging. I have a free account. No, I sold my position. Waiting for reentry. Will alert when I buy in again.
Update on VOIS from BW
http://brianwilliam630.tumblr.com
Sorry I don't have private messaging service. To the person who asked me about where I see this stock going and to what price, the answer is I see a clear uptrend, I just don't predict prices... In fact, I don't care for how high the price goes bcus the end result is profit. To the shareholders who didn't sell on that fake slide downward, good for you for holding. Those who have eyes to see will be profitable. I added on this dip and will add more on Monday.
It's not that Billionaires never lose, it's that they know how to lose and still win. Donald Trump is a good example.
I remember back in January you sold out and then bought back in when Brian William posted the chart on VOIS tumblr and I posted it here. You had posted similar posts before. This is nothing more than typical type of thoughts that are similar to all traders who flip the stock and claim to hold "millions." Accumulation is underway. Learn what to look for, like Brian William did and maybe you might be able to yield profits of 5-10 times on your next trades. Stocks go through growth and consolidation cycles on many different charts. Zoom out and see the big picture. Btw, Brian William has an update coming up for VOIS in the month of June. That's when the next big uptrend for VOIS is going to occur. He expects this stock to pick up speed about late June-July. Good luck on your claims of holding millions yet bashing the stock every single day by claiming you want to present facts. These are not facts- the only facts they claim to contain is the fact they are your own opinions and are not able to affect the stock price in possible way.
Did you not see the chart I posted? Stocks don't trade up/down bcus SA releases something. Learn how to trade with confidence. It will be the most rewarding thing you've ever done.
Well bashing or not, the thing about trend lines- they're beautiful. Spyr chart is not a scam. Chart below.
http://imgur.com/LetgP6t.png
Daily chart for IGRW. Get ready to breakout!
http://imgur.com/61f81MA.png
Had some private msg's about if I'm buying. At this point I'm going to cash out at 75% profit. Staying out until confirmed ratios show again.
The problem with SA is they came too late to this party. The same tactic occurred back in late December pull back. What happened to that pull back? 240% gain is what happened. I believe we should see a test of mid $0.60's area and will make another healthy 250% gain.
Let's see what they report... Was another very fun mini 10% run.
Very soon
Haha ok
I agree on the developments of the company.
Ok, DrM.. Listen don't want to offend opinions on the board. I won't comment any longer.
No problem.
No... Ensuing downward trend to follow. This mini uptrend is temporary. Follow the big money not clays chart.
I can guarantee you I saw this drop coming. Why do you think I sold at $0.08?? Follow the big money and you will always profit. I followed the big money into the stock early January.. I believe the 6th? Then sold at Feb 18, then bought again March 4th? Then sold yesterday 2 days ago... The same day Clay posted his little kindergarden chart about his support levels.
The truth will be made known "short"ly!!!
Sorry I don't trade with stop losses... should learn not to do that, Clay. I bought at .002 and sold at .08... Just before you shorted ;) Follow the big money, Clay, and you will always profit.
Does your knindergarden chart say when to sell? Is the stock holding(let me swallow my saliva) up or did it fail the support levels...
Should I sell now????
Haha only if you consider insider info as buying when big money buys and selling when big money sells. Very simple really. Learn how to follow the big money and you'll always be profitable.
What if you bought at .002 and sold at .08 what would happen then? Will the SEC suspend my account?
I'm, hello???!!!!! Do you have shares in a brokerage firm???! Does your broker know that you have shares with VOIS? Do you think the broker reports to the transfer agent who owns their stock? Do you think the TA will tell VOIS???? Omg.
The best idea I've heard you say this far... Good job.
Abzo- you are seriously on to something. I actually think you ARE a "Wyckoff" for bringing up this article. Why do you think I bought this stock back January, then kept loading in February? Bcus I think you and I know something my friend. You have to learn to recognize the professionals (the big money!) and understand what they are doing. Unfortunately, man investors and day traders don't know and so they rely on just a chart. But you are correct... Follow this money! That's what those who follow Wyckoff do — they watch the large operators.
Both, I can assure you of that. Something known in the medical community as bipolar.
I own about 20m shares and I sell 3-4 million every now and then to buy another stock... What does that say about me?
Childish...