69Panda
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This is why I have been adding as we go...... Just don't know when the news will hit!
One of these days we are going to explode..........
liked how we moved off the .0027. Added $2500 worth today. IMHO we are going to get news next week! If it drops in PPS then I will buy more.
Tic tock
Going to be an interesting next 13 minutes
Disagree with you..... People are just cautious.
Hence the low volume. PPS is to low for downward pressure as the longs and potential flippers will buy the crap out of this if it dips into the 2's....
Waiting on news and info about various topics.
Flippers got their $ flip chance yesterday and maybe later today but the longs will wait their turn for $$$$ returns. To each their own so long as you are on the up and up!
Another day without downward pressure..... Low volume but I will take it. Nice
Flip is over for the day!
Kinda splitting hairs on the topic of which company we could distribute to. Eventually we want both............
In one trade we could be back into the 2's............
Looking good!
I would be happy with a solid green close with support to back upward move!
The problem with spikes without substance are often they are followed by retractions. Now if there is substance driving the move up then we have a different story!
Bid is looking strong this morning! Bounced of the 27 yesterday...... Let's see which way this goes.
Rule 1 and the primary goal of trading is to make money!
With the obvious said ponder this:
Flip it to HOPEFULLY make gains and increase share amount
Hold it long to HOPEFULLY hit THE HOME RUN
I tend to use a combonation of long positions and short flips....
What I have learned: If you can close your eyes and hold a position it can pay off greatly. You can also loose everything! I have done both!
If you flip it then you need to time your entry and exits. Can be time consuming and stressful.
EITHER WAY------------------ Don't get married to a stock! However, understand the potential of each stock you trade.
IMHO MINE has really good potential. That doesn't mean I am going to make money on it tomorrow!
And so we go back to RULE 1----------
I'm going to Chili's for the endless appetizer........ Gonna be slow for a few days!
There is just no buying pressure right now. However, we are also lucky because there is no selling pressure either. If either changes we could make some moves. But with real news we move up. Of course without real news we are in danger of drifting back towards 24-26 range......... I'm long but try and keep it real!
It is a joke but its a flippers nightmare!
Starting off with little downward pressure. However, the same can be said for the buying pressure....
Could be as I don't have l2 right now.... It looks like there is just no downward push as we have seen in the past. Could be several reasons. My guess is very little to no money to be made on the flip. And people are waiting for news!
Also to add. No buying but also little selling with very little downward push.....
People are a bit cautious. However, taking calculated chances is part of the game. The big boards have been very active the past few days and that will have an adverse reaction the the penny boards.
We have held well considering almost no volume for more than an hour.....
As much as I hate to say it IMHO we are 50/50 to take a little dip and then we will run. Depending on when news comes and how "completed" the actions of the news is will determine the runs life.
Selling pressure has been weak but flippers and weak hands may become bored waiting for news.
When I say dip we may challenge the .0024 to .0026 range. I only say this because I have seen it happen too many times. In the big scheme of things this is a small percentage from where we are today
Of course I could be dead wrong and people could step in tomorrow and we move up and away from the .002 for ever. This is why I hold a long position that I add to when I can.
I am long and believe the share return and distribution news are part of the bigger plan for Mine.
Go Mine!
care to share?
Stalemate @ 3
I use it with my pre-workout mix.... No calories, b and c vitamins and mixes well....
And we have bid support!
I agree with you.... Mistakes will and have been made. For me I like that they picked up the distribution company for the long term. How they use it to build is key!
The weather explanation I believe was about NY.... but you raise reasonable points that I believe will be addressed. About the PPS..... Fair enough. PPS is based off of what people will pay for a stock. 3 tenths of a cent is our value for now. My bet is up is more likely.
I hear your frustrations. If this is to become Rome then we must give it more than one night.
Selling pressure has slowed down. We need buy to increase now!
333 shares really? lol cant even buy one bottle of the fizz!
Selling fell off because flippers can't make the money they want at these prices.......
Nice bid support!
Selling looks done but buying does too......... Holding up on low volume!
Selling looks slow and maybe done for now!
Forward looking news is just that forward.... I don't mind it. News about production and distribution tend to be even at best. Share structure news would be nice. I'm not unhappy as my position is long but I can understand why some could be disappointed.
Best guess is we will bounce one more time off the .0027-.0024 range but this is only my opinion. If we get good news all bets are off. I am not concerned about getting news just saying If we get news...
2 days in a row we have bounced off the .0027.....
Thanks Mirch125
26 and 24 was our low in June when it fell apart i believe.... hit 27 yesterday briefly but moved off of it...... guessing 32 is moderate resistance with 36 being about the same. No real challenge to the 32..... going to range around the ask unless we get news or buy sell pressure picks up..