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Looking for a pull to buy the dip
S&P futures are hitting another potential reversal zone in this 1401/02 area. My read of the charts is that if there is a pullback at this level it would be a good opportunity to dip buy as the weekly and monthly charts suggest more upside. Charts with detailed explanation: http://bit.ly/wyIEYU
W pattern on 4hr suggests more upside
The choppiness threw me off and out of the trade the last few days. Last night's redraw of the chart suggested a W pattern in the near term, with it being on the last leg (up). Chart, details, and targets: http://bit.ly/z1byqx
This pair broke correlation with the markets a few days ago. However, if the markets do pull I'm seeing this pull under its 200 day moving average. Chart and details: http://bit.ly/zTzZQC
I hope you're right--I'd love to see it pop tomorrow, that's why I'm long.
OTCs don't trade afterhours, just premarket
Hopefully JAMN has some more legs to it. Bought at 2.36 after the 2.43 run pullback...let's see a gap at the open again. http://part-timepennystocktrader.blogspot.com
I bought on the first day it was up, not at the beginning of the 100% day, midday at .292. Sold next day at the opening when it didn't gap up. This is a pump/dump with a relatively small promo ($30k). For multi day trading I think the budget needs to be in the 100k's, multi week in the millions (ie ALZM, LEXG, etc). If u think the company will really get hot wait a couple weeks when the share price drops back to under .20.
I agree. In at .74, hoping for 1 mon or tue...but always fearing the dump.
Its running with others in the sector. Crazy though because of everything that just came out. Muddywaters put out another article on SHZ today
Should be a good long term short as the hype will fade.
Agreed. I found some pretty blatant stuff on GTSO. Superman (@super_trades) did his thing this morning wih ATRN. When the first spike was headed down he did a little tweet pump which brought it back up to 4.60. Thinking about it now, I wouldn't be surprised if he didn't pump to get the price up so he could get a better entry for a short.
Wed's article from Seeking Alpha on ATRN was definately a good example of how this stock is being pumped. Here's an account of what was going on with the price action just before 1 yesterday:
Now, I was wondering what was going on with that spike since it looked like ATRN might have dropped off after that third try at $4 resistance (before it ran for it again and broke out). Well if you look at the time it broke out, it correlates well with when a seeking alpha article was published...3 times on twitter 12:32 EST by @sa_internet, 12:32 by @sa_tech, and 12:40 by @SeekingAlpha.
The article was a push for a long position on the stock, a rebuttal of sorts to a short article that was put out there last week. If you go HERE you can see the two authors with their cases. Its all speculation and so its all noise. What I really noticed, though, is that there are 4 articles about ATRN but only one was blasted out on twitter (today’s article) or at least that’s all the history I can get from twitter. Additionally, if you look at the chart you can see something interesting: A long article on Sat Mar 5, followed by a gap up on Mon Mar 7 (opened at 5.58, closed prev Fri at 3); Thur MAR 10 another long article came out in the morning and the stock ran from 4.40 at the open to 6.80 before noon; Fri MAR 11 a short article came out in the morning and the stock continued its fall that started after the previous day’s morning spike. And then you have today’s article, oddly timed at a breakout point when the stock had just failed to break through for the third time...Today’s blast was pretty strategically placed, I think, close to a breakout point that, in my opinion was failing before the article came out.
When I look at my broker’s chart I can see the time/price movement better and at 12:33EST it was at 3.73, then it gapped up to 3.83 at 12:35, then ran to 3.99 at 12:36, between 12:38 and 12:40 price was back down in the 3.80s, then it spiked up and it was off to the races. Remember that the SA blasts took place twice at 12:32 and then the big one (by @SeekingAlpha) at 12:40. Coincidence? You tell me.
I don't have an issue with the article--it actually made the stock better to short. But if you publish material on a company, talking about how good or bad it is, and you have a position in the company's stock--that would make you biased in your opinion (seriously, if you bought stocks in a company, would you then write an article about it that didn't put the company in a good light?)...I would have to question the validity of what was being written.
Read both the long and short article and decide (and I wouldn't necessarily believe the guy who wrote the short article when he said he has no position in the company stock).
BTW I am short this stock. Why, after reading what I wrote, should you beleive what was written? One: I'm not talking about how good or bad this company is, I'm talking about how this stock looks right now. And in the 30min and 1min charts the pattern looks like a bouncing ball, with each bounce getting smaller it gets close to its last breath (i.e. back to where it was before the first long article was published). Plain and simple the chart looks good to short (those who think this is a good company to invest in should want it to go down before the conference call at the end of the month anyway, buy more at a lower price and be in a better position when it takes off). Two: everything I wrote above isn't speculation, its what's happened in the past week with price action documented on any stock chart producing website and info you can pull from twitter about the timing of the twitter blasts on Wed. Three: You shouldn't believe me or anyone else, you should look at everything being said and find your own conclusions.
Did some digging around and found a link between GTSO and Rare Earth. An interesting video clip showing GTSO CEO as a "financial analyst" talking about another company "Bejing Bullion" popped up too.
You're not seeing things, they are patterns that repeat themselves. I just caught wind of COUGF being pumped again today...it was a mailer pump back in Nov/Dec. It ran up with WLOC and HHWW. SPLM is one showing the same pattern right now.
For now I'm taking it for face value as I've said making these false statements risks a very extended stay in the federal slammer and well, Tom is still available to talk so I'm going to assume that he's not risking what appears to be an extensive resume' (from everything I've seen in my research) on committing a federal crime.
I appreciate the information you've provided to the board thus far and so maybe you can provide a little insight-regarding the posting you made above, who would ensure that companies who make false statements are properly taken care of? I understand that the SEC would look at bigger companies for fraud but with the funding/manpower issues they have its hard to see the SEC going after pennystock companies like WLOC(D) or COUGF. RPC is a good example of a company that was pumped and dumped twice last year and it looks like it might be ramping up again for another round. Is there another organization that will act on complaints besides the SEC?
Good deal, be interesting to see what's actually there
I posted that this stock is good to trade...and it is: the past few days long (I got in Thur afternoon and out Fri before the close for 12%), today short, I think tomorrow short too, but maybe the after hours news will make it a good long in the morning. If so I'll try it long since I haven't had luck finding shares to short. Its easier to go long on pumps, just more risky.
Question to anyone who may know--from the SEC filing last month:
Zoltan Nagy signed the filing as the company's President, Chief Executive Officer, Chief Financial Officer, Director, Secretary, and Treasurer. The website, however, lists Tom Gleason as the President and CEO, was there a change in command?
The filing states the company HQ is at 409 – 903 19th Avenue SW, Calgary, Alberta. While the website says the office is at 7064 Sampey Road Groveland, FL 34736. So it looks like the Florida address is from the merger with Raptor Fab and Equip...? But the empty lot doesn't make sense, nor does the apartment building in Canada. This could be faults of the google street view (i.e. maybe facing the wrong direction?), which can be the case. Google maps isn't all that reliable and the data could be dated.
The stock had some promotions starting around the 9th. One of the disclaimers I read said that one promomoter was being paid $400k for a week long campaign. That would suggest its winding up tomorrow. I could be wrong, but I think this one is good only for a bounce or two more.
Check the address of the company from its website. Then check the address from its SEC filing. One is in Florida, the other in Canada. What's interesting isn't the two different addresses, its what you'll find when you do a street view of the addresses on google.
Raptor or RAPT search on the SEC website won't give you the company filings. Try "Giddy" as in Giddy-up Productions, that's its name when it was a film production company not too long ago.
If not tomorrow, it'll happen soon but not because it's up so much. If I get the chance tomorrow i'm gonna try to day trade it long. Got a good gain on Friday, but the squeeze I was looking for didn't happen till this morn...then again this afternoon. Hopefully my broker will have some shares to borrow tomorrow too.
Bought the dip at 109. Looks like resistance will be at 130, might exit then if it looks like it can't break through.
No problem. I traded RAPT for a 12% gain this Thur/Fri and hope to go back in long for a quick morning trade with good reward. It looks like a good company to trade, but not one to invest in long term...just my opinion though.
I checked the SEC filing (10-Q) and you might want to ask Zoltan Nagy about accounting, since it has him listed as the CFO as well as President, Chief Executive Officer, Director, Secretary, Treasurer. This is from the last filing posted on the SEC website. The other posting you were replying to had a different name for the company President...maybe it changed since the filing on 1/14/11.
I tried the ones on yahoo and they didn't work for some reason.
The company does have an interesting history.
Another tip, the company filed under the name Giddy-Up productions (at least that's how you'll find it in the SEC company search...Raptor or RAPT won't work). That would make sense since this company was a film production company originally. More interesting is that it lists its name in the actual filing (the document itself) as:
RAPTOR TECHNOLOGY GROUP, INC.
(formerly Branded Beverages, Inc.)
This was interesting indeed. Order executed to buy at 2.83, put in a trail of a dime and was out an hour later at 3.01. Not as big as it could've been but I probably would've lost if I were actually managing it real time, so the semi-auto trading seems to be working for me. Kunal00 was on this one and tweeted that it could run again after 3--so I put in another stop/limit at 3.03/3.04 to buy before I left it for work again. Order filled at the end of the day and it looks like it might run in the morning. Putting in a trail exit of a dime again.
This looks nice. Up on positive FDA news. Stop/limit buy above 2.35 then trail exit is what I'm putting in. Can you see the cup n handle forming today?
Bought today as it sunk. Averaging about 51.50ish on the buys. Figured its support is around 51.20s and after today its time for it to move back up, slow as it may be. It missed estimates but still had good numbers. People will forget the bad in a few weeks and see how good a company it is, especially with Cramer as a cheerleader. If it breaks 51.20s it still has support again at the low 50s.
Gonna see how this plays out this week. Wondering where all the volume is though, figured it'd have at least the same amount as Fri.
Can we get $6 by the end of the week? Looking for another run...
Good thing they covered the screen with bullet points on the company's potential, since the CEO was getting rapid-fire-questioning from Pimm. I bought at 0.95 on Fri.