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It might cool off soon before heading back up. But I already locked in some profits.
Big profits today! $$$$$
Toys R Us is going to file bankruptcy - dang if only they could have gotten the bags right, Benny Boy could have saved them from ruin!
https://wolfstreet.com/2017/09/06/brick-mortar-meltdown-toys-r-us-hires-bankruptcy-law-firm/
See what happens when you don't partner with marketing geniuses like Benny Boy and Ducky David?
Did anyone else get an index card from their brokerage on MYHI? Did the company authorize a R/S on June 12?
There are other great flips out there to take the place of this one.
And they aren't run by Benny & David.
Falling knife in action - grab some band aids if you dare enter.
Couldn't agree more, Rickn with your final paragraph. Benny attempting to move this puppet show's legal filings to Florida doesn't pass my sniff test - can't speak for others.
Those of you who are still in this stock could consider a couple courses of action:
1) You could possibly try to get some of the IP. You would not get any $$$ with a winning verdict if this company doesn't even have the $$$ to pay the $6k Nevada fee (or so he says anyway).
2) You can't put someone in jail in a civil case. So if you want to cut your losses financially and try to get criminal justice, you have to keep pounding on the desk of the Florida State Financial Regulator's office, the FTC, SEC, etc., with numerous complaints. Although I have to tell you that I am aware of several others who have already done so...to no avail (so far anyway).
I have been solicited several times in the past to be a part of a penny stock class action for stocks that I apparently was in at one point. I say apparently because I didn't even recall being in the tickers...so I must have gotten out of them OK without getting burned. But, I would assume those companies had something of value to go after.
Under Trump's SEC, there is less likelihood of action (not a political statement, just a fact). There is going to be less prosecution.
or, you could simply hold your shares and pray for a miracle of some sort...
Hope some of you didn't fall sucker to the latest round of ramping here...just 48 hours ago!
Read this guy's Tweet from today. It's Benny Boy's FB message to investors in 2013. It will make you spit up your dinner in disgust.
https://twitter.com/AlanWeedspan
Now...how many of us said there would be a R/S and were laughed at? You have to keep an open mind on these boards. Be careful who you follow.
NEW 3x OIL Tickers debuted today:
WTIU
WTID
These will be direct competitors of UWT and DWT, which launched last month.
Don't fret over UWTI and DWTI. These new tickers give us even more options!
It will take weeks for the charts on the new tickers to populate with good moving average data, but this is an early Christmas present to be sure...
Demand, meet Supply. :)
WHOOPEE! New 3x oil ETN will start!
This is in addition to the ProShares ETF 3x oil filed MOnday AND the prior 3x oil commodity fund filed a few weeks ago!
Party on!
http://www.etf.com/sections/features-and-news/velocityshares-replacing-delisted-oil-etns-similar-products
STUNNING NEWS! New 3x oil ETN will start!
This is in addition to the ProShares ETF 3x oil filed MOnday AND the prior 3x oil commodity fund filed a few weeks ago!
http://www.etf.com/sections/features-and-news/velocityshares-replacing-delisted-oil-etns-similar-products
the inverse direction could be apart of the final full filing - this is just a vague preliminary filing. But nonetheless, at least it's something.
I have heard it could be available in Q1 2017.
DRIP featured in nice article here:
http://www.etf.com/sections/features-and-news/6-oil-etf-alternatives-ill-fated-uwti-dwti?nopaging=1
Good article on DWTI alternatives:
http://www.etf.com/sections/features-and-news/6-oil-etf-alternatives-ill-fated-uwti-dwti?nopaging=1
ERX / ERY are lousy IMO, very little movement.
GUSH / DRIP are the best alternative IMO
should see more interest in GUSH / DRIP once UWTI / DWTI close up in a couple weeks.
For my money, GUSH / DRIP and XOP / DNO are the only oil plays worthy of my $$$$ now.
Y'all should really check out GUSH / DRIP 3x ETFs as an oil alternative once UWTI / DWTI shutters.
GUSH (bullish oil) yields some great swing trades throughout the year. And DRIP (bearish oil) is not bad, either.
I'm hoping the volume on those pick up in December, but I've never had a problem getting in or out of those.
And they aren't run by Credit Sux (Suisse)
Here are some other options for us oil players after Dec 8th:
1) UCO / SCO = Proshares 2x oil ETF. These are ETFs, not ETNs. But 2x is obviously not as fun as 3x leverage.
2) GUSH / DRIP = These are Drexion 3x oil services ETFs that I have been trading. The volume should increase after UWTI and DWTI are gone.
3) XOP / DNO are 1x leveraged oil/gas combo plays. Although they are not leveraged, these are good because they don't have the contango effect to the extent the others do. So, you can sit on them longer for seasonal plays.
Here are some other options for us oil players once Credit Sux shuts down DWTI / UWTI after Dec 8th:
1) UCO / SCO = Proshares 2x oil ETF. These are ETFs, not ETNs. But 2x is obviously not as fun as 3x leverage.
2) GUSH / DRIP = These are Drexion 3x oil services ETFs that I have been trading. The volume should increase after UWTI and DWTI are gone.
3) XOP / DNO are 1x leveraged oil/gas combo plays. Although they are not leveraged, these are good because they don't have the contango effect to the extent the others do. So, you can sit on them longer for seasonal plays.
weather will be near record highs on thursday here in my hood...then it will quickly flip to below normal temps this weekend...indian summer might be over here finally
A few of my sources last winter were Accuweather for cities on the eastern grid:
http://www.accuweather.com/en/us/boston-ma/02108/november-weather/348735
Certainly not 100% reliable, but you can see a few weeks in advance what might be coming down the pike weather-wise. Such as if there is a cold snap coming.
Bespoke Weather (their tweets) and their meteorologist also had some interesting forecasts last winter.
What's your 2017 winter outlook? I haven't had much time to see the longer-range forecasts yet.
Where I am, it is still like late summer - landscaping company mowed the lawn last week and the grass is still growing like crazy. Would love to see Natgas continue to drop to setup an even bigger run for UGAZ.
Interesting. We use different indicators.
I would love to see Natgas fall below $2 like last winter. Wow - what an opportunity that would be.
Hang tight and wait for oil to find a bottom January - February.
Then, UWTI will be a great trade. Patience pays off.
Hopefully another mild winter...if so, save your $$$ for another great UGAZ trade lined up for the Spring / Summer.
If it's a harsh winter, UGAZ will bring in the bucks sooner for good traders.
A couple of the same crybabies on the FB Fanboy page crying out for a lawsuit were the exact same crybabies who cried on FB when GSL went down in flames last November. And one month later, they were back to pumping this when Powell came out with the Powfolio and other grand ideas.
And if Benny Boy starts up another silly boy tactic again in a month or two to finance his July 2017 family vacay to sunny San Diego, the same lawsuit crybabies will be right along for the ride pumping this once again. They'll flip so fast back to pumping this, your head will spin. I know because I saw it all last year.
Don't feel sorry for them.
This is not intended for the real innocent traders here, and I know who they are. It's for the worst of the social media pumpers who only screwed themselves in the end.
Sandy Jadeja = LOL. Their is a Singapore seminar company touting him as having predicted the last 7 market crashes in their press release.
So, now we know what BS that is!!
Unreal! REmember that Sandy Jadeja character who predicted a crash from Aug 26-30? Well, this source now gives him credit for accurately predicting the last 7 crashes! What BS!!!
"Foremost Market Strategist Sandy Jadeja to Speak at 2016 National Achievers Congress
LONDON, September 8, 2016 /PRNewswire/ -- Sandy Jadeja's number of predicted market crashes has now increased to seven. Success Resources is proud to announce the addition of Sandy Jadeja to the line-up of speakers at this year's National Achievers Congress, taking place from..."
Amazing - what complete utter BS!
And he gives seminars in Europe talking about his timing chartology.
LOL.
Sandy Jadeja = LOL. Let's see him show his smug, know-it-all face now after that pathetic market call.
Just another market analyst who wants to get on TV. I doubt his previous calls were legit. The news source that promoted that was dubious to say the least.
LOL - Awwww...share price hurt much?? That bag is awfully heavy when you hold pennies too long.
Their "office" is an apartment unit in Santa Monica.
I know the neighborhood on 10th street.
Any doubts? Google it on Street View.
And you say you don't pump? Prodding strangers to buy a stock that has ruined some peoples' lives?
Really pathetic.
Anyone else surprised XOP didn't do better today with crude oil up 11%? I would have expected XOP would have done better than 2.5% for the day.
Did Credit Suisse announce any upcoming RS date yet for UGAZ?
They aren't throwing $$$ at this anymore. Volume is a complete joke. People are just stuck in this POS hoping to get out at a better price.
BennyBoy just banned Kirak from FB
$REDG Got banned from FB. :-)
— Kirak Cursor (@kirakcursor) December 29, 2015
I am going to buy millions more shares of POS REDG because Grampa Frankie has all the answers. I get all my stock picks from smack-talking gramps Frankie who rides a stock down to .0001.