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This reminds me exactly of KODAK from a few months ago, was trading at around $1.60 then news came out that they were talking to BK lawyers in the WSJ and the stock price tanked to .54 in less than an hour. Not long afterwards it bounced from that price to the .80s then KODAK came out and debunked those stories and the price shot back up to around 1.20 in AH trading.
A major blow? Give me a break, this company already has many valuable FDA approved products on the market, as well as very very promising anti-cancer drugs which are in late stage trails as well. Those are the big money makers for this company, not some gel that is suppose to make women hot lol.
Also if you listened to the CC from the CEO, he stated that he feels the reason why it "failed" in the trails was due to the questions not being worded correctly on the surveys, as this drug has already proven successful in other trails. Not only is this not likely the end of this drug, but it's not a major blow for this company at all. They have another big drug that could get FDA anytime now as well, so I suggest you do a little more DD before making such comments which are clearly ment to "scare" people.
This is one of those rare times where the shorts are going to make bank, as well as the longs who buy in at these prices, or average down. It's a win win.
No worries, very few people even caught this after hours, even with out shorts covering this will hit $1 and well beyond with no trouble tomorrow, and factoring in shorts covering for profits and this will fly. Keep in mind roughly 20% of the shares are short in this, which means huge rebound. But more importantly, this stock is easily worth around $2 a share based on their assets and products.
This is HIGHLY over sold. It was nothing more than some panic selling on simi negative news that triggered peoples stop losses that caused the selling to snow ball. This is still a 70 million dollar company with lots of FDA approved products already on the market as well as many more very promising and valuable products in the pipeline in late stages of trails and pending approvals.
This will be back to $1.50 to $2 range with in a few days max, and I expect it to gap up big and run well past $1 tomorrow. Congrads to anyone lucky enough and smart enough to get cheap shares today AH, you will be loving life in a few days.
Actually it went from .179 to .196, it just happened to close even for the day. Held up great for a low volume day.
The real fun will start around 1 to 2 IMO. It's setting up perfectly for a nice afternoon run!
The selling, at least a lot of it, is from the people running this, they have to cool off the charts, let them reset, and thin out the ask before they can take it to the next leg up.
Basically to break .20, we had to pull back to the mid .18s first, before we can make a good run at it. Now we are primed and ready. But once we break .20, we are going to most likely have to pull back to the .19s again before we get fully above it. At some point past .20 this will go and go big though.
Who said I was worried about you, I and all the rest of my trading group in the Skype chat room are having a good laugh at your posts! And your correct, this isn't I hub money and what you say has no effect on this stock.
No actually you don't bud, because if you look at their other plays, you would know that they don't "tank" for a few weeks, not after a few days. In fact, the main run doesn't even start until after the 4th or 5th day.....
So please, go back and study up, do some better DD then come back here and try to sound smart.
It pulled back to the 11s that day, just because you didn't get filled doesn't mean it didn't happen, people did get filled at those levels....
Yup thats ow they go, once the weak hands are gone, and they are ready to move this up, it happens fast, and quick, you can still chase and make money, but you have to spend a lot more and it's not easy at that point.
Lol you just dont get it do you. No one is expecting this to be worth a ton of money in 2 months. These are stock promos, you get in, ride them up, make bank, and then get out and move on to the next. You appear to be completely clueless as how they work, as you are speaking to people here as if we were actually going "long" on this stock.... Get with the program bud, we know what this is, apparently you just don't realize that.
Going to be fun this afternoon, expecting us to have a breakout day and get above .20!
Man, if you are going to try and bring down a stock, you might want to at least have a clue what your talking about. Small flip? This ran from .08 to .20, those are huge gains, then it pulled back to .11 and now is about to break .20 again lol. Those aren't "small flips" there bud, those are 100% gains on those flips, and thats not even counting the fact that this run is just getting started.
Man shorts really aren't very smart, no wonder they don't go long, they don't have the metal capacities to trade like that lol.
Over 2 cents in a matter of min is quite "huge" for this stock. Shows you how quickly this can explode out of thin air.....
Thats the key, once we break that and finish above .20, its game over, this is off to the races.
It's gotta come down, reset the charts, before it can move up big again. These can't just run big and never pull back, pull backs now for big gainers in 30 to 45 min...
Lol what are you on buddy? this is screaming, in the middle of a massive run, and about to break through to the new high on this run, and you are trying to get people to sell? LOL good luck with that haha I told the people here this is how their plays run, if you were smart you bought on the dips the last two days, if not, oh well!
Boom, new HOD, just like clock work!
Not wash trades, wash trades are completely different. Most of the time those are just out of sync trades, happens a lot on stocks with heavy volume. Level 2 will be a bit lagged, and it looks like a trade went through for a higher price or a lower price than the bid/ask. Some times those actually happen and they print at those levels, but the market makers will correct that in your account within a few min to reflect the correct price, which is usually what ever the bid/ask really was at that time.
Charts are setting up nicely for a good run today, might not be a huge run, but i think it will slowly but steady move up to the recent high.
Sorry but your wrong...
Only "pretty good"? Heh there are only 3 or 4 major promo groups out there that can take stocks like this to very high levels over the course of a few weeks. Out of those groups, these guys are number 2 and bank every time. Only the LEXG guys are above them.
It's quite simple to calculate the cash value of the volume of the shares traded, and in fact, there is quite a lot of trading software does it for you. On thrusday there was 71 million shares traded, which translates to almost 10 million in cash traded in this stock.. I will let you figure out how to actually do the math your self.
That has nothing to do with "promotional purposes", that is plain and simple the cash value of the number of shares traded on this stock in just one day. Anyone who can bring in 10 million in cash into a stock trading at these prices can pretty much make the stock do what ever they want, as they have already proven time and time again with their other plays...
And please knock off the lame "wash trading" bs, no one does that anymore for obvious reasons.
Hehe there wasn't even a message board on ihub for this stock until the alert went out. Ihub money is small, these guys have already brought in 10s of millions of dollars worth of volume over the past few days and thats just getting started!
Exactly, that's the loading zone for this stock, and as you mentioned most promo plays have that for a few days before the main run takes place. People who don't know how to play these will usually see it trading like this for a few days and sell thinking it's not going to move any higher or they will get shaken out on the pull backs only to watch from the sidelines as it explodes.
Usually around 75% of the gains of these types of plays come AFTER the first alert and run. So there is quite a bit more to go here, this really hasn't even started yet.
Lol so what it came back down to .07? Sorry if you can't make money on a stock that runs from .20 to $1.20 then you shouldn't be stock trading, plain and simple. And no these type of plays don't create "tons of bagholders" only a few idiots at the end who don't know how to play these end up holding any type of bag.
This is also surely the last promo these guys will be doing this year, which makes you believe even more so that they want to go out with a massive bang!
For the last time, there is no shorting going on here lol, we have already proved that to you time and time and time again. They are fixing to take this to .30 + in the next week or so, and no one will be shorting it until the run is over.
And as I stated before, even the people who can short this wont be able to get many shares to even short, due to the fact it trades on the OTC and that there are rarely any large number of shares that are even able to be sold short for pennies.
So your basically wasting your time talking about something, that when it does happen, will be at such a small level that it will have no meaningful impact on the pps. People dumping when the run is over with is the only thing that will bring the pps down, and that wont happen for a few weeks...
Yup, exactly, I fully expect a nice gap tomorrow and a steady run throughout the day. This is trading exactly how their other plays did, so pps of .30 to .40 are pretty much a given, if not much higher prices than that.
"".146 close imo at best..if I'm wrong won't post again""
Cool so this means you wont be posting here any more right?
Based on the percents that MILV gained, .40 should be the pps target, as that would put it in the same level of gains as MILV from the alert. Remember, this was at .08 when the alert actually went out, so it's only up a little more than 100% which is nothing for these guys. IMO tomorrow will be the big day, I expect it to run big tomorrow, and then steady for the next week or two with small pull backs here and there.
Stuck? It just went from .14 to almost .18 and still going.... Not sure how you can call a move like that as "stuck". Did you think POTG was "stuck" when it went from .24 to .30 and then pull back to the mid .20s before going up to $1.20? Oh I know, you most likely thought MILV was "stuck" when it ran from .03 to .07 just to pull back to the mid .03s before running all the way up to .145....
This play is trading the EXACT same way as both of their other plays, sorry but I will trust their track record any day over another bias promoters opinion.
The whole reason I got in this play was because of the group who is running it, they are pure money, and one of the best out there. They don't do many plays, but when they pick them, they run big!
Gotta burn some fat before you can lose the weight and move up. This is 100% textbook how their plays run, and it's quite clear they know what there doing....
It's call a big promo bud, not dilution. If there was any of that going on the stock price wouldn't be going up. These guys ALWAYS bring in massive amounts of volume and money to their plays and they always run for weeks and weeks. I really got to say, it's pretty lame to attack someone else's plays that are actually running, just so you can try and promote yours.....Just lost all respect from me on that post.
You don't short stocks like this at these levels, there's no point, people know this is going to run far higher, their for your just wasting money, locking up your margin buying power, etc.
You buy long, sell at the top, then short, that is how it's done, and very few people can even do that.
Yea pumpsanddumps always do write ups on any stock that has a major promo going on. If it has a promo, to them it equals "scam" even though most of their "DD" is them just "assuming this" and "assuming that" about the company.
Never once has their write ups hurt a stock, and in most cases it creates a lot of buying as it brings a lot more eyes on the stock :)
Exactly... Shorting is easy in logic, but very hard to pull off due to the reasons you stated, at least on pennies. Big board stocks are a different story. And with shorting, if you get it wrong, you can lose far more than just your investment, so the risky is many times higher than standard trading.