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Which indicators say it's strong? Looks like a resistance area here.
Have you seen the toolbandit website recently?
I wasn't referring to a drop after the ibox posting. I was referring to the gap from last week.
I thought there would be more of a bounce than there was.
Wow, I have asked that question a countless number of times and no one has ever answered. Thank you for pointing this out.
It also appears that it used to trade on the Bulletin Board and moved to the AMEX, which is another question I've asked for quite awhile, whether this has ever happened.
Have you ever seen a penny stock (meaning pennies, not $1.00 or $2.00) actually produce something significant over a long period of time and "enhance investor value" as they claim? Every single chart I've ever seen is nothing but an overall downward trend. Upward trends never last more than a year or so. Every investor that I've ever talked to that has done well never invested in Pennies. So, yeah, I consider it a red flag.
I think the red flag is the fact it's a penny stock.
What stock do you know of that immediately stopped trading from 0.01 to 0 the next day?
Sounds like it.
Well, good thing you didn't buy any of this. I'm out as of today, this is an absolute waste.
Looks like they sold all the bid at 0.005, looks like we are moving even lower next week.
I may just sell out at this point. It has no chance of recovering and staying over a penny for any lenght of time. This new E tacked onto symbol means it's heading for the stinky pinkies, which I avoid completely.
What a shocker. This one failed to move again.
I don't blame you. There isn't anyone here that is making any sort of money on this one right now.
Well from what I've gathered over the past few years, it will hit the double 00's bounce up then make its way to the triple 000's. So who knows when we can get out of this one.
I hope you don't own any. Or if you do not that much! This is a true POS. It didn't even pinch.
Unfortunately what once was cheap (0.008 - 0.01) is now expensive.
I'm in the pennies because of the risk. I'm just used to doing better than Impala.
I have a sell price in mind and even entered as GTC. But wondering if it will ever get back there without a R/S.
I guess it is the week it drops into sub penny range.
I wonder if this will be the week.
I have found when we sit here wondering what is going on, in no time this will pop. A ton of other people will show up and think they are getting a good deal at 0.05 when we can sit back and relax and watch it continue running up. There doesn't seem to be much interest right now, but with the right PR, that will all change.
That is where my average is 0.0225 don't want to put any more into this
Hopefully the CEO is done selling ;)
Where did you see the new filing?
B/A is too wide. This might actually be a good indication of things to come.
Well, there it goes again. Guess it isn't going anywhere this week.
I think Mazulla is right, it will most likely reach 0.30 cents again. I flip and hold long term. I usually buy in then sell some to make a profit, then hold for that PR to come to really drive it. They have been quiet for awhile with PRs, but when they do start up again, it should really move.
I know your frustration, when I flip, I like to get in within a week or so, not over a month!
Here comes the next headfake.
Good point. It's not always a good thing when a CEO has 35 years of experience. It just tells me he knows how to play the game better than I.
It looks as if the excessive selling has somewhat slowed. But then again, it could take off again. Hopefully in a more positive direction.
I know, I'm waiting for that next huge shot of sell volume again.
i hope you are right
I was contemplating on getting some of the same 0.011's and 0.012s But based on previous action I was figuring it was going to crash down to 0.005 (or 0.004) and then come back up to 0.01.
Unfortunately they never seem to run it up very much. Averaging down barely gets me to the break even point when they do run it up. I could keep doing this until it hits 0.0001 and never get out of the red.
I am ready to actually take a loss. Even if I grab some at 0.008, it will ultimately be 0.003 in a few days. Although, within 5 minutes of me selling at a loss, it will jump between 250-500% in the next day or so.
Same here. I won't average down again until it drops below 0.01
Very little interest. More dilution.
Are you going to average down again if it drops, or are you getting out? 0.011 might be the top in a day or two at this rate and we'll be looking at 0.001 not long after.
I just wished I knew what yesterday was actually all about.