Nahh! Just put him on ignore. Quite frankly that is one of the best arguments to get a premium membership. Unlimited ignores. Stars know that five just aren't enough around here. LOL

With posts like this - I vote "nut case"!

Posted by: CaptainJim
In reply to: Timster who wrote msg# 2472 Date:12/27/2007 10:53:00 AM
Post #of 2531

I love IHUB, Gives me a chance to do what I do best, Tell the truth about Stock Scams and the people who push them

PMED Daily Chart

I wish all my stocks had charts like this.

One of the negative sides to these message boards, especially for those that do not have a trading system that they adhere to, is that they focus the attention on the minute by minute fluctuations of the stock. While this may be necessary for a day trader, for most including myself, its non-productive. By watching too closely the average trader is likely to get whipsawed into making trades that are non-profitable. Even a single yo-yo like Cap Jim can have the same effect as someone yelling "FIRE" in a movie theater.

Personally, I base my trades on three time scales, weekly, daily, and hourly. I use the daily and weekly to identify trends and then the hourly to decide on entry and exit points.

Attached is the daily chart. As one can see, the upward trend is still firmly in place and corroborated by the oscillators. For myself, as long as this remains true I will hold through the inevitable fluctuations.

GLTA

Thanks about handing out that info. It makes the decision to put you on ignore very easy.

Fine - if we can't respond to Crooner without being deleted - I'll just add him to the ignore list.

Here's a chart for everyone's amusement and edification. Looking shweet!

I also suspect that a lot of traders are getting out of the market while they take off for the holidays. After New Year's they will get back in.

60 min chart looking good IMO. Notice indicators turning up.
Tomorrow should be interesting.

I just picked up 40000 to round out my holdings.

First, the market has only been open approx. 30 minutes. It's still amateur hour.

Second, no one should "tell" you anything. You should make your own decisions, IMO.

Yep, but that "one" is NITE./e

OK - enough's enough - they're both on ignore.

Are you sure that you two aren't married??

Good idea, there's enough chaff here as it is.

And why? pray tell should anyone believe you or anyone else claiming to have knowledge that is not publicly available?

Your post, IMO, is why these message boards are so dangerous to beginners.

This is why we have an ignore function./e

Yep, Scottrade is down. I called and they had no idea of when it would be back up.

Do as you feel you must but I have done the math - you cannot lose more than you have put in, i.e., 100%. On the other hand, it may take a 300 or 400 percent gain from these levels to restore your intitial outlay.

How do you lose more than 100%?

sheesh - if I had a nickel for every pink/penny message board that had a similar post - I'd be having lunch with Tiger Woods.

Have fun

They probably didn't reply because the question is silly.

Individuals cannot short penny or pink sheet stocks. Their brokers won't let them. Try it with your own broker and see how far you get.

Interesting pre-market L2

I see one on the ask at .16 and then THREE AT .51!!

Trading seems a bit too strong a term IMO.

Edit: But I know what you mean. I too have been wondering why there is any activity at all. I went to pinksheets.com and searched Edgar as well but nothing new.

He does have a reputation that precedes him, doesn't he. LOL

Looks like another BB pinch. I sure hope it breaks north instead of south like last time.

60 min chart looking good IMO.

60 min chart not looking too shabby IMO. It really needs more volume.

Nice bid support /e

Welcome to amateur hour /e

It is a bit early but IMO there are signs of a reversal on the hourly chart. We'll see how the day goes.

Yes, we are down AT THE MOMENT. Remember, this is amateur hour. The market does all kinds of irrational things at the open. No, we are not in a trend at the moment but appear to be following a sideways price channel while waiting for news.

Finally, we each have our own trading system, or at least we should, so if your's is to find stocks with good stories, so be it. Personally, I tend not to believe any story in the pink/penny land, there are too many people scamming. I follow price and volume using TA.

Good luck and do what you feel you must.

I am not the TA expert that Fringe is, however, my own impression based on the charts is that people have retreated to the sidelines to wait for the next development. The price seems relatively stable and volume relatively low.

I just got to admire a man of honor whose word is his bond.



Posted by: tradinfool2
In reply to: cabo_sailor who wrote msg# 11079 Date:12/5/2007 4:16:56 PM
Post #of 11195

I'm not going to linger here and post Bashing comments, but I think you should all consider salvaging what little money you have left. I got a good tax write off and enough to take the family out to dinner a couple of times.

Something really STINKS here and I think ABVG is a scam.

I don't have a great deal in this since I prefer to diversify. My own plan is to keep it on watch, if and when, I see a reversal that I am reasonably comfortable is real, I'll pick up some additional to lower my cost basis. Unfortunately, at this point I don't see any hint of that. No matter, I'm patient - I have to be -- my boat only moves at 5 knots. LOL

Until this changes - and I see no indication that it will anytime soon. I will expect the price to continue to decline.

Weekly Chart

Yep - do you know how often pinks are destroyed by their own management?

I'm willing to believe in naked shorting. The problem to me is that all too often the "naked shorting" turns out to be pure and simple dilutions by the management. In other words, people use that card too often to explain poor performance.

If I had a nickel for every post calling for torches and pitchforks on a penny/pink stock, I'd be rich. IMO if someone expects to win on every stock pick, they don't understand trading.

You mean you didn't expect a lot of people bailing as soon as they had shares to trade? People may be unpredictable but mobs are predictable.

OT I used to work out of Kettle Falls and Colville just north of Spokane - your right - beautiful country