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Hmmmmm...Not so sure about that, but we'll see. Good luck anyway. I'm glad I don't play APS anymore. Wow, my promoter friend was right-only flip the first day anymore with APS-they are what they are-a crook that people can make money off of (if they know how).
Yep, got in at .34, but am out now to secure profits. Good luck to all.
Just be careful, I have found that 9 times out of 10 when I change my "game plan" I get burned. I always set a rule of thumb for my trading, and it's hard to see lost profit opportunity, but much harder to see lost capital. I wish you the best and hope you make a killing, APS is, as we all know well, a pump and dump machine. They haven't been doing too well as of late, but they know no matter how hard they screw their followers, they will always have hopeful investors willing to give them another chance. Thus, they could play this burn game indefinitely.
Silvercorp has won its case in court in dismissing the counterclaim by Anthion Management. Anthion was the hedge fund behind chinastockwatch.com.
Anthion had tried to claim that provisions of Anti-SLAPP applies for them and was seeking damages from Silvercorp.
The judge dismissed it saying Anthion misconstrued the provisions of the Act.
There are now three motions still before the court:
1. Dismissal action by Anthion
2. Dismissal action by Jon Carnes et al
3. Althernative service on 2nd Amended Claim against Zane Heilig whom Jon R. Carnes in his disposition with DEER's lawyers alluded that he is somewhere in Mexico.
According to Court papers, Zane's mother, Nancy, in Michigan (at 323 North Main St, Lapeer, Michigan) admitted to visiting EOS's office in Vancouver and was responsible for the PR Newswire matter. Nancy is in contact with her son via video conferencing and email. Zane is allegedly visiting his wife's home in Mexico. She has no address information there.
I hope so, but why do you think that?
This is SWTR ticker name change-the same fake APS play from before. Is this worrysome?
Strange. I got an e-mail right at the bell, but it already was up too much for my taste.
Silver: Bounce Confirms Support And Strong Upside Potential
June 25, 2012 | 11 commentsby: Skyler Greene | includes: SLV Last Thursday, I predicted that silver prices would see a strong move in one direction or the other based on price action near the support line.
Recent price action near the strong support level suggests that silver could be poised to either start another big leg up (like it did in Aug '10) or to take another leg down in the short term before resuming the long term uptrend. - Silver Prices Ready For AMove
After an attempt to break through support on Friday, I predicted that silver would likely hold support and that if confirmed today, we could be at the start of a short-term silver rally. Based on the price action and RSI, I stated that buying near-term calls could result in some profits:
With RSI appearing to have bottomed in the near term, near-dated calls might provide profits on a rally off the support line. - Silver Charts Bullish
The predictions worked out. The iShares Silver Trust ETF (SLV) is up 2.26% on the day, and July silver futures closed at $27.52 an ounce, up 3.2%.
(Source: FreeStockCharts.com)
(Click to enlarge)
I Made The Right Call (Option)
Anyone who took my recommendations and purchased near-dated SLV calls for the support bounce is sitting on a significant profit. July $26 calls, for example, logged a solid 30% increase on the day, and another good day for silver could double that gain.
(Source: NASDAQ)
(Click to enlarge)
Support: CONFIRMED
Based on the charts, silver appears to have very strong technical support in the $26-$27 range. It has repeatedly tried to break that level, but has not succeeded. Barring some cataclysmic event in the next few weeks that sends silver plummeting, I believe the confirmation of support levels near current prices makes now a good time to load up on silver for a short-term rally or a resumption of the long term uptrend.
Source: FreeStockCharts.com
(Click to enlarge)
Gold/Silver Ratio Bullish
It's also interesting to note that at 58.6, the gold/silver ratio is now at the highest it has been since Oct 2010. A quick look at the charts serves as a reminder that silver had a phenomenal rally in the months following October 2010. This is yet another positive sign for silver bulls.
The confirmation of support levels combined with the price ratio makes silver look more attractive than it has in a long time. For a deeper look at the long-term silver scenario, see Silver Forecasts: Truth vs Noise.
Disclosure: I am long SLV.
Disclaimer: I am an individual investor, not a licensed investment advisor or broker dealer. Investors are cautioned to perform their own due diligence. All information contained within this report is presented as-is and has been derived from public sources & management. Always contact a financial professional before making any major financial decisions. All investments have an inherent degree of risk. The future is uncertain, and actual results may be materially different from those expected. Past performance is no guarantee of future results. All views expressed herein are my own, and cannot be interpreted as the views of my employer(s) or any organizations I am affiliated with. Presentation of information does not necessarily constitute a recommendation to buy or sell. Never make any investment without conducting your own research and reading multiple points of view.
With APS and sister sites gone, does anybody really believe that this stock will be propped up any more? The support is gone people. Don't throw good money after bad. APS made their fortunes after the last few wildly successful runs and is done with this under that banner. GLTA, but know when the game is up (outside of a few small bounces as retail tries to recoup losses).
Hey could you post it?
I fear that is a dump...Hope I'm wrong....
Perhaps APS and all of their sister sites retired and shut down their sites due to their inability to succeed with this pick? More likely, it's just a glitch, but the stock isn't really succeeding no matter how much they promise it will. GLTA.
Huge run? To where? Back to a lesser red level?...say 1.30 possibly? Look where the stock is! If they do manage to do that and run it up .60 (although history shows going down is typically exponentially faster than going up no matter the circumstances), they better not try and claim that the "bounce" is a huge percentage gain, but they probably would lol.
lol. Somebody posted earlier that this couldn't possibly be the APS dump because of the lack of volume. Feel better now? APS apparently has made enough money over the last few plays to "retire" wildly rich. I have a hunch APS will go away and re-emerge as a new promoter to clear this black mark.
Holy slippery-slope! Glad this one was too rich for my blood to play big! Good luck all-now I don't feel too bad for sticking with the miserable few pennies I scalped at the beginning of this fiasco.
I'm not sure that there are people at these levels waiting to cover. They already have most likely. Unfortunately, this stock is simply in the gutter after a pump and dump. Hotstocked.com shows ALL of the promoters that were on this one, and I remember seeing them peak during the period of the surge. Your exit will be at the next pump, whenever that is, and I believe they do have some ammunition left to make it happen on this one! GLTA
Unfortunately, it's probably being shorted by the MMs. They want it to go even lower as, in their opinions (and probably accurately), this pump is over. They are covering from buys in the .40s IMO.
No, FDA is a US thing, but they need CE mark or IVD if they are a regulated company. In a nutshell, however, their success will hinge on the results of the clinical testing they will perform and their ability to market this product. Its a GREAT concept, and I hope they make it, but I think their product will move beyond this company IMO-mabye that will benefit the shareholders here too!
Uh...The medical market(their primary customer and market target) cares. You need FDA approval to sell this product beyond RUO (research use only), so FDA approval is key to any product, no matter how amazing it is. I hope they get FDA approval, but lets not be ignorant here and pretend it "doesn't matter". It matters if you want to sell your product.
Sorry to hear. I've been there in the past. What was your entry price? Rule of thumb, 95% of all pennies are scams or will be manipulated. Therefore, sell on cheer, and very rarely do you get above 100% returns. My rule of thumb is to always limit myself to 95% returns maximum, with usual return expectations much lower. I sold at .425 and .4299 because I bought in at .225. So far my rule seems to work reasonably well. I hope for a bounce to get your money back and then some, but remember, don't be greedy as we all are at times. This game is not much different than playing at the casino. Smaller gains add up more often than big risks paying off big.
Perhaps, but lots made money today. I just banked 8500 this a.m. A GREAT momo play! Thanks to TradeHunter for the headsup. I was going to give you props yesterday but I was at my 3 comment limit lol.
Okay. Thanks for the interesting perspective. I'll digest it for a while. Happy trading and best of luck.
$RARS
I'm not trying to bash, but rather understand. I read constantly of "this is going to consolidate between X and Y" as it drops day to day. I've seen people say it is consolidating at .125, .10 and now .05-.10. Is it simply possible that the stock is moving down rather than constantly revised consolidation levels? I've seen some HUGE buys after hours that I believe were short covers, and then HUGE sells right out of the gate after a brief gap up. I think this stock is being shorted with covers at the end of each day, and the MM or promoter doing this keeps it trading sideways all day long to trick hopefuls into believing it is just consolidation occuring. JMO, and I have a friend in this stock long, so I really do want it to explode, but I'm just trying to be realistic here. What is your opinion on my thoughts? Good luck to all, and I would be happy to be wrong for my friend and all people with money here.
$RARS
Thanks sniper. I have been restricted before for speaking the truth myself. Good luck to you and I always note your posts.
With all due respect, lif*43 is spot-on. BDPS is done with this one already. The "announcement" for play tonight after-hours on this ticker is to gather more bagholders tomorrow a.m. to reward earlier subscribers and allow them to exit. It's not surprising, and is the name of the game. If you have been here since Friday, you are definitely green. Congratulations! You might want to secure your profits now. JMO, and I'm not trying to bash this stock. It definitely had a good run-up for people in the know early on. Nothing wrong with pump and dumps-just like a casino-as long as you keep that mindset. My predition: mid 30s close, gap up tomorrow am to mid 40s, then crashhhhhhhh.
Well put. And with that honest and realistic perspective, I hope you win on this one.
Definitely hold until you at least break even IMO. I am almost certain it will get back to that level next week (likely early on in the morning). Just remember, don't get greedy, and unless you are willing to lose part of your $4,000 sell on cheer:) Think of it this way: if you sell at .117 or higher, you protect your modest, but free-money $400 profit. If you sell at .97, you give someone else $400 out of your pocket that could have been used for the next pump stock. All just my humble trading opinion, but hey, I win 80% of the time securing small gains rather than hoping for large ones and have built a nice nest egg that way. Good luck, and I hope it goes to .14 or higher next week for the people who faithfully hold! Of course that's always definitely possible!
$RARS
Agreed!
Considering the money attached to this campaign (300k?), they should be full into this. Either two things happened here IMO: 1) they suck as a promoter, or 2) They know exactly what they are doing and have already front-loaded this and profited or are shorting this stock for profit. Either way, this is the weakest promotion I have seen for the money in awhile. Think about it-for a mere 20k, they shot up to .14 a share several weeks ago (after the APS fiasco), yet with this pile of cash, they cannot sustain prices above .125 and allowed an entire day after a significant PR to trade flat/red. Remember, this is supposedly only a week long promotion, and its half-over. I worry about their motives, and that is why I left two days ago. I still believe they have a good product, but then I think of my years with ICPA, only to have their actual success end with a few pennies up, then down and then stable. Nothing is for sure, even when all the planets line up. Good luck to all, and I hope they have a monster PR Monday that skyrockets the stock for all of the devoted and good people on this board invested with RARS.
Nah, it'll go back up, at least in the short term. I did sell at the spike this a.m. only because indicators suggested today would be sideways/down, but I believe that there will be at least one more push next week. I'm willing to forgoe those potentially better profits to protect my modest ones. My advice, though, is to think about taking that opportunity to exit early next week when the surge comes (and I'm pretty sure it will). JMO, and definitely could be wrong, but I have a promoter friend who has told me to watch out with RARS beyond next week-whatever that means. Take that with a grain of salt, though, and good luck to all.
$RARS
P.S. I will glady and deservedly take the "I told you so's" if I'm wrong with my opinions:). Make money all, and I'll definitely be watching RARS for a possible return.
Awesome 1jk1, thanks!
Question: Was that 920k buy at the bell yesterday a short cover? If so, does that signal caution with this stock and promotion? Just curious and am still in this stock.
$RARS
Turning around finally
Okay. I'll keep watching l2.....
3 day promo over???
Hope not! 200k seems like a lot for only 3 days.
Fair enough. Better to lose a little profit than sacrifice your initial investment. I still believe there's money to be made here. Good luck to you and all currently in this stock.
The pump isn't over-its just begun. Why dump all rather than ride it for at least a couple days for better profit? Considering how many bagholders exist in the .20 and .30+ range, wouldn't it have been prudent to wait until near .20 before cashing in? JMO.
$treetKing doesn't put a positive twist on too many stocks-I take his statement seriously. GLTA!
Yeah, but didn't people think PreferredPenny was affiliated with APS? That makes people nuts. I agree, though, that this large amount of money will propel this stock either higher or for a longer period of time. Good luck to all!
Just out of curiosity, do people have a feeling on what the average price people are in on this-either new or averaged?
Also, it's UP 34.33% today! I think that's movement and telling, especially without a promo start yet.....