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If I invested in penny stocks for fundamental reasons then I would be concerned but I trade with the idea every penny stock is a scam, just a vehicle to raise cash. If all a stock does is go down then nobody would buy the stock and thus they couldn't dump shares. The share price has to be manipulated up from time to time to generate buying interest to purchase the shares, the trick is to determine the timing or conditions before the pop.
Brad
Wow, got me some 5's. The good news is this stock has historically seen a nice pop of more that 100% each time it tapped 5, lets hope the pattern stays true.
I think the weakest hands are out now, dumping seemed to stop so I think we see some manipulation kick in to try to push the B/A back up with small orders which should attract a little more interest as the PPS moves back over 3 and and closer to 4.
I hate when a stock starts to rise before I get all my shares but a profit is a profit I guess.
Still setting on a partial fill so lets not get to excited until the rest of my order gets filled. :)
Whoever it is I need to thank them for my share:)
I think you will see a real nice move soon.
More is coming, just be patient as the trading range and base line continues to trend up.
BMiles
Somebody sell and give me the rest of my shares....
Painted me on the BID with 1,000 shares, I hate it when that happens. Commission cost more than the shares.....
Time for this one to make its move
More to come next week, be patient
To da moon.... :)
MXWL, conservatively locked in profits on that one today, MSPD wants to go, maybe tomorrow, while XIDE is working up to it, getting very close.
Brad
Always a positive when the share price bounces right back during an up trend after trader panic selling. With the really weak shares out of the way, lets get ready to challenge 37 cents, once through 37 cents then PGRX has no resistance all the way back up to a buck twenty-five range.
Brad
Traders will be traders but you can see that once the traders finish with their market orders, the BID pops right back up, evidence this stock trend will continue up. The questions is, who has been buying all theses PGRX shares and why???
Agree, if PGRX can break through 37 cents then the gloves come off as there is no real resistance all the way until you get to a buck twenty-five. I don’t see it popping that high on a short term move but no telling how high it would pop if it gets through 37 cents since there is no resistance above.
That's funny. If you looked up potash then you know more than me as I just trade the chart. I glanced at profile a week ago and saw potash but to this day I have no idea what the hell it is. lol
Too hard to predict at this point but if I was placing my bet then I would say it will be set Friday morning for a nice 1 - 2 day move north.
Yeah PGRX did well, doesn't seem to be any trader selling thus I'm riding up on institution buying pressure on that one. I was a little disappointed in VELT yesterday not holding gains but it should make another attempt tomorrow or Thursday. By the way, thanks for the PM pointer, it was the right click, properties, url I was missing. I knew there was something tricky about attaining the right url.
I was trying one day last week and just wasn't getting it. I remember the chart and brackets around it and backslash but I think my problem was the way I was preparing the stockchart url that was not allowing me to post a chart, seems I remember their being a trick to that.
VELT and PGRX are both plays ready to make a nice move, I would post the charts but after three years I can't seem to remember how I used to do it. lol I will definately visit and it is good to see you again too. :)
Yep, went through my old archive and pretty sure you are the missing mod from my favorite board about three years ago before I took a break for a while. Believe Sync was just an asst mod back then but now the head mod, what up with that? I sure felt something was different there the last week or two I visited.
Brad
Hmm..... I know you but I don't think from this board, right?
Brad
PGRX - Like VELT, it is confirming a buy today for a trend reversal with short term target at the 20DMA for a very nice return. Hope everyone got some VELT this morning.
VELT - Today is looking like it will conirm entry into this stock.