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There's your 10M share t-trade from that day!
Hell yeah, I was in yesterday, lol. Weeeeeee! Been stalking this pig for days, now it's time to get paid.
Yeah, it will...
Looks like an alert will be going out momentarily, LOL...
Called it under .02, but bought a bit early, LOL.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83249327
Who cares where anyone bought? As long as I buy low and sell higher, or buy high and sell even higher, I'm fine with that.
I'm making money here, but thanks very much for your concern!
I've made money and am still making money here. Yeah, I've taken a few losses. Don't we all?
My point about the kool-aid drinking was I see people here starting to claim $1 in a few months. That would be 10,000% increase from the bottom. Good luck with that.
And as it turns out, right under .02 was the sweet spot, wasn't it? Weeeeeee!
I'm starting to see way too much Kool-Aid drinking going on around here. Must still be fresh and ice cold, LOL!
Actually, I'm pretty sure he still owns shares, LOL.
Bounce coming very soon here, and I bet it's a good one! 10 red days in a row with extreme selling pressure will turn around quickly, and this could bounce back to .40.
I see volume.
Yeah, that's something I don't get. Every other stock that has anything to do with weed runs for several hundred percent, yet RFMK just sits there like a log. Go figure.
Well, I drank waaaaaaaay too much Kool-Aid on the A-train, LOL...profits will be taken along the way often on this ride!
I was definitely here very early! I was watching CERP after they delisted, and tried to time the bottom. I ended up buying on 01/08 at .023 when there was some pretty decent volume and nice blocks. I held, going against my own rules, and ended up selling it for a profit on the way back up. I wanted to buy at .01 when I saw all of the big blocks going through, but I have made it a point to not average down on pennies, as that is a great way to lose your money quickly. My losses were buying on dips, only to watch it keep dipping a little more than I wanted it to, LOL.
I've lost money three times on CERP, but they were all very small losses (less than 10%). The 4 times I've made money have all more than made up for those losses. It's important to have a mental stop loss anyway and stick to it. There is no point in holding and hoping that your stock pps will rise, because there's definitely no guarantee that it ever will, lol.
Out at .078 from .058. I'll take it.
Yeah, I posted this a couple of weeks back re: Asher.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83694889
Yeah, I'm very well aware of how these work. Whoever was pumping it last week sure didn't bring any volume in, that's for sure. I expect volume to be significantly higher tomorrow, plenty of liquidity to easily exit in the first 5 minutes tomorrow. In fact, I'll probably just sell the gap.
Are you serious? I literally just said that I had a small handful of shares, LOL. There is never such thing as being "trapped" in a stock. You can always sell for a loss at any time. I'm in under .06. Do you not think I'll be able to get out over .06 on Monday, considering all of the emails that are going out on HKTU for tomorrow? LMAO! I'm sorry if you are in much higher than that, but you can always sell, ErnieBilco. No reason to ever be a bagholder.
Besides, the chart actually looks pretty nice the past few days. Very small volume, but it is going in the right direction...up.
I'll be happy with 10%, quite honestly. Just in it for a trade on pre-promo speculation and saw that there weren't any pig dumpers in on Friday so I got a small handful of shares . The pumpers that are on this for tomorrow should bring in a decent amount of volume, and hopefully there will be some upward movement as well. .07 sounds like a good exit for me, but I'd take .065. Good luck!
Wish I'd bought more than a few thousand share on Friday now, LOL. Looks like Monday could be a good day here!
As I understand it, a t-trade posted after hours is a trade that was made during the day but wasn't settled during the day. There's no way to tell if it was a short position covering or not, really. Also, I believe that even though it looks like one huge trade, it can actually be several trades lumped together and an MM settling his books. I am by no means an authority on this subject.
Well, to be fair, it is still somewhat of an unknown stock. Even so, it is so thinly traded that it wouldn't take much for it to move down to .03 in a heartbeat. I agree about averaging up. Trying to average down is a quick way to lose a lot of money, because the stock could always go down some more.
Besides these are not big names in the grand scheme of things.
Gonna have to completely disagree with you there. Aldon Smith led the league in sacks this year, almost breaking Strahan's record. He is a freak of nature, still very young, a Pro-Bowler, and has a Hall of Fame career ahead of him if he stays healthy and continues to perform like he has. I'm a fan of his.
Pablo Sandoval was the World Series MVP. 'Nuff said there.
Ngata is a Pro Bowler as well, a force on the defensive line and a mountain of a man.
That's some pretty big names. I agree with the rest of your comments, however. I also think that DRHC is still quite a ways from the bottom, and that's just based on looking at the level 2. One MM above .05, and the rest are at .03 and under. My next bid is going to be at about .0275.
Hmm...maybe now is time for me to buy. You still holding? Looks like they are in a considerable amount of debt here, just glancing at the 10-Q today. Over $46M in revs though for the first 9 months of last year. With an O/S of 10,975,269, this could really fly with some buying pressure. Being on the OTCQX, they need to maintain at least a .10 bid or risk delisting. Gotta think this is very, very close to the bottom for a company with that low O/S and multi-millions in revs, even if they are in debt up to their eyeballs. Gonna put my bid in on Monday.
Hey, rareF! So are you here buying or warning us to sell and get the hell out? Because if you are buying than so am I, LOL. Good to see you here.
$3M in debt conversions is gonna take a whole lot more volume than that, LOL! We need about 600M in volume at .005 for that. Weeeeeeeeeeeeeee!
Nobody always wins at this game. Even the best take losses every now and then.
Well, sold it today when it couldn't hold the 200 MA. Tiny loss... guess I should have taken my tiny gain first thing in the morning. Oh well!
I thought about buying back in here, but that level 2 is one MM deep over .05 on the bid, and then it goes straight down to .03 and lower. There's just no bid support, and that to me is a clear sign that this is going much lower. I hope I'm wrong! Hope it doubles from here for you guys. Good luck!
Nice 200K block here this afternoon! Seeing lots of nice blocks the past few days...makes me think we are going HIGHER!
Obviously that float number has to be wrong, LOL. What gives with that number? Hilarious. Bought a few shares this morning though, since there was no apparent pig dumpers here. Good luck!
Well that would be sweet! Needs more volume here though. Seems to be the little red-headed step child of the whole MMJ group, although definitely has one of the nicest charts, along with MJN_, MW!P and PH_T. I imagine peeps will be checking out which other MMJ stocks have moved, and seen that this one has just started its next leg up, and that volume will be better here Monday.
Good luck!
Congrats too all longs, yet again! This stock is an absolute monster, LOL. I used to whine about the lack of MMs on the L2, but I have quit worrying about that and just plot my supports and resistances and watch the volume and price action. That being said, the L2 was significantly more populated today than I have ever seen it, and with that kind of volume it's no wonder.
This one is definitely the leader in the sector. Looking forward to those audited fins and hopefully an uplisting.
Well, I was watching this one do nothing today while the other MMJ stocks were flying, and I took my eyes off of it for 5 minutes and BOOM. Had to chase a little bit, but loaded up a small boat at .038 and .039. Glad to be in under .04, and looking for .06+ next week. Judging from the way MWIP has moved off of previous breakouts, I wouldn't count .08-.10 out of the question either!
Grabbed a few shares this morning at .051 on that first dip while everone else was watching MJN_, LOL! Looking for .08 here next week and hopefully more.
Here's a little humor for everyone. From the proxy statement filed Sept. 10, 2012:
Reasons for the Reverse Stock Split
The Company’s common stock is quoted on the OTCQB under the symbol “WGAS”. The shares of common stock of the Company have traded at very low prices for some time. As of August 28, 2012, the last reported closing price of the Company’s common stock was $0.007. The reverse stock split is intended to increase the per share stock price. We believe that if we are successful in maintaining a higher stock price, the stock will generate greater interest among professional investors and institutions. If we are successful in generating interest among such entities, we anticipate that our common stock would have greater liquidity and a stronger investor base.
In evaluating the reverse stock split, the Company's Board of Directors also took into consideration negative factors associated with reverse stock splits. These factors include the negative perception of reverse stock spits held by many investors, analysts and other stock market participants, as well as the fact that the stock price of some companies that have effected reverse stock splits has subsequently declined back to pre-reverse stock split levels. The Board, however, determined that these negative factors were outweighed by the potential benefits.
Are we laughing yet? Bottom line: When a company announces a R/S and has lots of convertible notes outstanding, zero revs, etc., RUN FOR THE HILLS!!!
Good luck to everyone, whether you decide to hold or sell. Hey, it's only money.
Hey x,
I know you have been here since well before I first bought shares last year, and have vigorously defended WGAS right up til the end, so I know how painful this must be for you. I've thought from the beginning that WGAS was probably a scam, but was willing to give them a chance right up until the R/S last year. I just came back to make a swing trade from what I thought was the bottom, LOL. Silly me, WGAS has no bottom! It looks like note holders are just getting what they can right now, even if it means taking a loss for themselves as well. I'm in at just over .01, and if .005 breaks tomorrow then I'll take my loss and never look at this pos again.
The word "invest" should NEVER be used in connection with a penny stock, imho. Trade them, flip them like a cheese omelet at iHop, but don't invest in them!