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"A fool and his money will soon be parted."
Here come 20 more George's.
Buckle up, let's get this show on the road! Sellers, Sell! Buyers, wait for sellers! Holders, hold on a minute. Everybody else, bash and pump, it's go time!
I bought this a week before the hype and I bought it for the most unusual reasons in penny land: fundamentals. Fundamentals is a game changer. Fundamentals because this isn't a startup, it's a company accustomed to doing business under the watchful eye of the SEC and the NASDAQ. You can argue your case all day long and I don't care, I've no burden of proof. I do however take issue with people who maliciously lie for whatever self-gratifying reason they have. That's just plain selfish and completely irresponsible.
I started trading pennies in 1999, and I know damned well you don't say jack until you see it in print. Especially in penny stocks. I'm objective, attentive, and realistic while you're brazen, blasphemous, and arrogantly impulsive. I think I'll stick with my investment style and my way of contributing to society.
You do realize that by making a false statement like that one, you could cause a new and innocent investor to lose his hard earned money, right? That's kind of a big deal to tell an outright lie. You cannot definitively say anything of the sort. That's not to say they won't get the yes votes and move forward when that time comes, but you certainly don't know that.
How should we know? Try IR. Go PMCB! I'm feeling pretty great about things this morning. Bring it!
Who are you asking? This isn't IR.
After careful consideration of the current filing, previous filings, CEO interview, previous DD, and chart analysis, I've decided to stay the course. Good luck to those selling, to those buying, and to those holding. In spite of the wide spectrum of opinions and statements (true or false) you'll find on this board, you are ultimately in control of your investment. The truth is, none of us know how the day's trades will lay out. I believe fortune favors the brave, or in my case, the brass.
Hmm, those share counts don't quite add up to the recent awards.
I don't think it's anything unusual. People get caught up on things like the 50MA on a 30 minute chart, etc., and once the flow changes the money changes hands with it. I think a lot of people were hoping for a little more instant gratification towards that nickel, and when RNVA said it's not ready just yet, they grew impatient. It's an age old story, they want it now. The play hasn't changed for me. I'm focused less on the minutia and more on the fundamentals, which is fun here because how often can you play fundamentals at this price level? Never, lol. Lucky for me, I wasn't in it for the fast buck. I'm the tortoise on this one. Gonna have to free up others so I can play swings again. I do have to concede however, that I have the advantage of a pretty darned low entry. I've got a little more flexibility and a lot more tolerance for volatility. Who knows, I may find myself selling at a half cent for even money, or I may just ride this one to the moon. Like most plays, I'll know when I know.
No matter what any of you say or think, I know what I own, and I'm not budging. I do enjoy the chaos though! SMH
Undaunted.
Not all technical traders. MM's aren't stupid. They knew darned well a technical shakeout would have investors jumping off the boat. Inexperienced ones anyway. I used the 30 minute chart to enter, but I'm riding the daily chart until it's time to exit, which is when I'll go back to the 30 minute chart. I hate to see people lose money, but if fear is your copilot, what can you do?
Slaughtered? We're trading sideways. SMH
You're pretty out of focus, friend. I can help you see more clearly though. You see, the price will do one of three things at the end of the day. It will finish higher, lower, or stay the same. You're clearly under the impression that stocks must only close higher, but I can tell you they do not only close higher. Today was a perfect example. If you look at a chart, you'll see candles. No, it's not your birthday, but you can still blow hot air at them if you want to. Those candles reflect the day's price action. In simple terms, a red candle is built from the top down, while a green candle is built from the bottom up. Often, whether built from the bottom or the top, the candle may carry the same weight to a chart reader, as is the case with today's candle. So, it really doesn't matter that the price went up and down and all around today. What matters is how a group of candles can be interpreted. The last seven candles can be interpreted as a bullish flag, pennant, or wedge, though I suspect you're probably seeing the 7th birthday formation. That's okay, eight will be here before you know it, and eight is the age where we tend to get past our empty-headedness. I'm here for you any time you want to talk about price fluctuations, trends, bulls and bears, and even the birds and the bees. Good day, mate.
I wish I could say I've been adding here and there, but I went all in at .005 after trading out of a couple short-term NASDAQ plays. I just don't have anything left to throw at it without selling other positions or further funding my account, which I don't think I need to do given how things are going here.
"Heading to the exits" would imply greater volume, no? Probably wasn't on the BAR exam, huh? We'll let this one slide, but only because you're the man.
Now for the real action!
My shares are locked. Y'all?
Up. Based on the current candle configuration, I would expect to see .03 by midday Friday, with a close a little lower. That's estimating the flagpole height and today's close at around .015-.016. Call it a guess, because that's all it is.
Textbook bullish pennant formation potential.
And by the time we hit that benchmark, it will have proved to be worth more.
Looks like they tripped some stops. People don't realize how much this play can swing in a day. The volume makes it profitable for MM's and everyone else.
Haha, gets 'em every time. Not mine.
With talk of $.02, $.05, $.10, $.25, and $.33, I expect I'll see a lot of investors come and go before I sell my shares. I'm in low enough to stay the course for relisting on the NASDAQ, and I'm confident enough in my assessment and valuation of this company to see it through, even if we ultimately RS to get there. That'll just make it easier to sell my load when I get where I'm going, which is over a dollar and hopefully as high as three dollars. Good luck to everyone who comes and goes in the interim.
Looks like we're about to turn to the upside again. Looking forward to that sweet PR! GLTA
It's more like a low garden fence.
Two mil is not a big wall 'round here, my friend.
Pressure cooker.
Wow, NITE.
You can't call formations on a 1 minute chart! The resulting call would only last minutes. Think about it. 15-30 minute chart for entries/exits. Daily for trend.
I wish I was a MM. Just shake the tree and the loose fruit falls. I have to work a lot harder than that!
Haha, pretty much.
The bears gave it everything they had this morning, and we barely moved down. If this was going to be a down day, this morning's candle would have been much longer to the south. I believe we will close the day for three black crows and set the stage for the fulfillment of the prophesy next week, lol.
Oh, of course.
3.5 mil gone. Hmm.
It's the only thing holding us back, IMO. I say let 'em have it.
Watching the shakedown is always exhilarating. Love it!
I think that's it. Congratulations to today's Shakedown 101 graduates!