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I just wanna know what TV marathon the longs here are gonna be watching to pass the time tonight? I don't see much sleep in their future. Best of luck to all the longs. Don't shart yourself trying to make a decision in the morning.
You forgot one ...........
Penny-Patrol
This is so cute. You're dead wrong. How about that!
Yep that's why they do this day one to drop it to .10 Come on man. Make some money and wash the sand out of it.
What? I'm just an average Joe tryin to help the little guy. I know it sounds crazy. Do you see ads? no. I made it and will hopefully send you the next one before it hits too many people.
I do own ATRN. I'm buyin Nitwits story here. I feel sick about it but I'm drinkin the koolaid.
Likewise, but it's been a fun ride. Great play
So you're saying FOLLOW THE MONEY!!! Cant argue with that. Here's a blast from the past on a baghold of mine that you commented on in the past. You may find the chart worth a look. Check out the API chart. Let me know what you think. It looks to have turned.
Awesome Penny has no Twitter. That is a fake account. Shoot them an email and you'll find that out.
Your "Patrol" must be out of the loop! .75 or .25 ?????
"All I am saying is that this ultimately will go down and hard IMO."
I don't think that is anymore than master of the obvious speak. Of course it will at some point, hell don't all pinks.
You said you've made money. So keep making money. Nobody's in love here.
Hey this is what it makes it so fun some of us will be right and some of us will be wrong. We shall see.
So do you see $.75 or $.25 coming first? Risk/reward. I like .75 first. Just my opinion based on the way it's behaving.
So your assessment is that the price will go down at some point? Ok good call. Look. Higher lows today. Clearing out all the naysayers and flippers for the next leg up. That's my opinion
Nope we're holding, just a heads up.
The million is the current bid. It's not a stink bid if it's the current bid.
Any idea when the shares would show up in our accounts?
I've been away for awhile. Did this vote ever go through? Do we get shares if we were a shareholder on August 18? I always figured that would be a no, but thought I'd check back to see.
BFHJ all of the sudden volume. Guess I'll give it a couple months.
Last time I was around the penny watches/strong watches were SMHS, BFHJ, and SLLN. Are those done now and off watch?
Does your opinion on the SMHS pond fishing play change due to the following?
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=bPWE34mXevlHCPfCPz%252fXLA%253d%253d&CorpName=SMART+HOLDINGS%2c+INC.
Lowtrade, please help clear up a little confusion for me. Recently you've been talking about PCFG. Specifically the bull flag and possible breakout to .12, but I've read you say many times that charts don't matter in the OTC.
It seems that everyone and their brother has bought in anticipation of this news that comes out on Monday. Is there any concern that everyone just sells the news Monday morning?
Just trying to determine whats most important in this case, the chart or the story.
So will you still own your shares of CAVR and just get the CAVU shares as a bonus?
For example if I hold 20,000 shares of CAVR now will I still hold those 20,000 shares + 400 shares of CAVU or will I just own 400 shares of CAVU and CAVR will no longer exist?
Lowtrade interested in your thoughts on the overall market and where the S&P could go now. Futures are ugly.
I agree it was SMHS. Pops the first week of the last 3 months. You talked a good deal about that one.
As usual thank you for such a detailed reply. It's a tough call. I still believe they could grow in the future, but mgmt seems to stink up the joint. When I was buying Zacks had API as a #1 strong buy. I thought they were a reputable service so it confirmed what I liked about the company, at least in my mind. Now they have them at a #4 sell. Lesson learned.
One question about pond plays and pennies in general. I teach business classes in high school and I'm getting ready to go back to work for the year. All summer I've been able to watch level 2 and trade pennies. I have a line in a few pond plays right now and a couple other penny plays in general. My question: Since I won't be able to babysit these anymore should I set up some sells on these plays in advance? Of course I will see my stocks probably at least once a day and always after work, but I know sometimes they get the spike in price and then drop right back down same day. So I was wondering if I should set the sells good for 60 days at a certain % gain from my entry so I don't miss a possible one day pop or just let them ride and assume the pop will go on for more than a day?
Thanks for all your infinite wisdom.
Oh yeah SPAH, saw that one had some volume on Friday and then checked a 6 month chart, does that have pond play potential in your mind? I think I saw 3 volume spikes, only around 35-40 million, is that enough?
Lowtrade I have an API question. In the past you helped me out with API swing trades. I hold API in my Roth too and it has taken a beating for no apparent reason over the last 4 to 5 months. A steady drift down. Should one average down in a situation like this and if so how does one know when to average down?
San Leon Energy LON:SLE/SLGYF
Been following this board for awhile but have never posted. Curious if any of you are familiar with this company.
Soros involvement originally got me interested in January:
http://www.marketfolly.com/2011/01/soros-fund-management-takes-stake-in.html
I believe Blackrock also holds a 12% stake in the company.
Just wondering if any of you have heard of this, played it already or consider playing it in the future.
This is a MB I found on it.
http://www.iii.co.uk/investment/detail?code=cotn:SLE.L&display=discussion&it=le
Take Care.
So it was Mrs. White, in the study and she used the gun...no seriously you are fun to watch work.
So break out the tin foil hat for a minute. What's the loading all about? Legit company about to strike gold, big promo in the future, what gives?
I watched it trade today. One thing I noticed was the bid would get hit and knocked down a penny then the same MM would increase the bid with a decent chunk almost immediately to soak up more shares.
Other than that MM MICA was on the ask for a long time dishing out shares. Once they moved the price started to move with all the buys. Before that the price had trouble moving.
Other than that I'm just watching and wondering what comes next.
I'd love to see an example on the CMF talk if you've got one handy. Thanks for all you do here.
Thanks LT this game can be draining on a daily basis. Many ups and downs.
I play with more than $1000 but I get that question alot from people at work. I don't really wanna say go buy GLD or Apple with that grand.
I myself would fall into trying to build to get serious however I love to gamble category. Not a sexy combo.
One thing I know now is that I'd sure as hell rather try and gamble on a P&D or momo play rather than hitting the craps table. Loved the craps in my younger days. Not the sucker bets, but rather playing the odds the right way.
Anyway thanks for the thoughts.
How about a stock question. GRMC is getting some momo. Look at the two volume spikes Dec. 6th and July 19th. What causes that?
Lowtrade: OTC getting started question
You've mentioned several times that most people get their start in the OTC when they're dealing with small amounts of money. I've seen all sorts of OTC plays. The momos, The pump and dumps, the early pond fishing plays, the news chase, etc.
So how would you tell someone with $1000 to start? Drop some $100 lines in the pond and wait, try and find a "real" otc play and actually invest in it, or something totally different?
Thanks LT
Lowtrade can I get some tin foil hat and opinions on what the darkside is doing with POTG? I've seen massive buys go through for a couple days. PR's, etc. Thanks.
POTG has news tonight. Good call here.
POTG has news out tonight. Timely. Check it out. 3 PR's actually.
Glad to hear the company isn't paying for a promo. If someone else wants to do it great, but just glad the company isn't giving out shares for one. Thanks for the info.
What happened here? I came across the chart and volume over the last week.
Chart looks like it's set to go.
Trend looks up! I'm in
BoardName: Slappin' That Ask in the OTC
My bad, fixed