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probably right, might be buying down there this time.. I had this many years ago, and I was up to 750k at one point and put this aside and never paid attention to it.. by the time I looked at it again, it was 50k.. next time I need to pay more attention...but i still think every stock hasit's day, and this one will have it's day again.. so, might dip in again when 2's hit...
yeah, i see that, but, i can only imagine this as a temp.pop, nothing more.. lets see how the rest of the day goes...
thats about what happened, in a nut shell....
awwwww, Helter, did I strike a nerve because I did not folow of all your pumping a useless stock, that has really done nothing but go downhill since all of your RAARAA and pumping and cheering, thus making your investment decisions useless?? I get it, your angry, hurt, lost ALOT of money with many others who may have believed you.. and now you HATE the smart ones who stayed away from losing money here??...so, what you are saying is that smart investors are BADDDD stupid people and pumpers that lose alot of money and help others do the same are good people?? too funny, Skelter
well, yes and true, BUT, I do use charts for guidance for sure.. every dog has it's day and not every stock follows the MULN way of trading, so I believe this stock will also have it's day( or 2), so, I am waiting until I feel good about where I am at price wise and then I will re-enter and hope fro the best...
this stock has alot more downside IMO, I would not even think about buying until under 2, and even then I would tread lightly.. the charts in the last few days look worse than last weeks charts, but, there will be a point that this ticker will turn and go 50-100% in a single day and maybe 100-300% for a few days before deciding what to do next.. so, this is one to watch, but also to be careful because the downside is more consistent that the upside for now
Scott trader, trust me, I'm thrilled that you made out like the bandit as you mentioned, God knows so many are taking huge losses here. But the criteria was, longs. If you sold and traded, you're not considered a long.. so there's two different formats being presented here, so it's really hard to put yourself in the category of a long. Long. But again, I'm still happy you made out, good luck with doing what you're doing in the future as well
no bussy, my bad, long day at the field job............
my bad buddy, I was not thinking, I meant what I said for a BK stock, not a RS stock...............sorryyyyyyyyyyyyyy
you are correct, as long as you keep that narrow perspective.. but the reality is, it was not 9b shares traded, just the dollar amount conversion.. and in my opinion only, the company was dumping all these shares last week while suckers were buying thinking something was up.. tom me that not exactly a dollar figure to brag about.. i am betting today as a different story, different group, etc..
It's so funny watching this board. For the last 2 weeks I've seen nothing but 99% pumping and hyping and people come out of the woodwork saying that this is a gold mine and, boom to the moon, and cryptocurrency stock, and this is going to make everyone rich really fast, comments. Now all I see is people trash talking each other because of the reality of what happened. So all you guys that were pumping the stock before, you really should do a reality check and see where the stock is at now. You can look at the stock price and say well. Well it's almost $6 pre-market, but the reality is in about 3 weeks. It's going to be under a dollar pre-market. This is not going to stay at this price for very long, and it'll keep going down, and down, and down, until it gets right back to where it was before this reverse split. They've got nothing going for this company right now, nothing except for the hype. And I'm betting all those big volume trading numbers were just the market makers and the company itself. Just artificially pumping up the stock to get you guys all excited, and they did nothing but sell on the way up and get rid of all of the stock that they can before the reverse split. And you guys feel right into this, hook line and sinker. Any more well orchestrated than what it was, which is a pump, hype, then drop, then reverse split. Reverse split. If you don't see the quality of the company by this point, then you're just not keeping your eyes open or you just have a failure to accept reality. Of course everything I say is speculative in my own opinion, but like I told everybody a week ago when the hype was maxing out that it's going to come down really soon really fast, and I was told how little I knew about what I was talking about, let's talk about this again in about three more weeks and see if I'm right or if everybody else is right.
an RS is real news, real bad news to be exact....
they can trade, but under a different symbol, so you cannot trade the original symbol that day, but you can trade the different sysmbol that day.. so, if you have rrrr the day before an RS, then the day of the RS the ticker turns to rrrrq, then you can trade that symbol, but not rrrr..if i am wrong, then tell me what firm you use so I can call them and get this in writing for future trading....
the day of?? are you kidding me?? no brokerage I know of can sell a security the day of due to the ticker change paperwork.. I know some of the better brokerages can sell maybe 2-3 days later, but the day of?? never heard of that, and I think I even tried once or twice in the past, so to me, very risky way of thinking..
you are dreaming, i am sure...........
if they were so good, they would not be doing an RS.. in all my years of trading(maybe 25 or so) I have only seen less than a handful that have done a successful RS and do good afterwards... the odds are against trying to win here, the smarter move is to move (on)
probably, maybe not, my problem is I have another FT job that keeps me from being here and watching collapses or runs, so, I cannot wait for the blow up and sell quickly if wrong , or right.. not real perfect at that timing when not online watching everything.. So, since I know this RS will be more bad than good, I just stay away and find another playground..... but good luck to you, you have bigger ones than I do...
and it will be wayyyyyyyyyyyyyyyyyy below that by this time next week,.smart move......
the gang here has been saying this since .02, and look where we are now, look at eh upside down charts, and you really think most people here will believe your words???
yes, and because of this important fact that many know, this stock price is tanking daily... maybe, this ticker will not benefit from your hype and everyone knows this already.....
thats sounds more accurate.....
and more to come, every day for a few weeks
yuppers, and watch this go down today, as predicted.... the only way to play this is to buy previous days lows and dump at 4:30 am every day... nothing but a flip, flip, flip
lets talk more when it hits 5, this coming week....
i do not have a long position, or no position right now, .. but if it comes down to where I think it will, I will place in a bid between .0003/.0004
i guess we will see, if i am correct, we will see by next thursday/friday... I will come back to say hello then...
that might be, but it is still going back down to .0003-.0004 area, easily, first....
take it as you wish............
your money, so do as you wish... i do the same not matter what the pumpers or haters say.. we all have nobody to blame for our failures in buying stock, and nobody to thank besides ourselves when it works well for us... so, if you are invested here and feel good, then i cannot say anything good or bad, i just give my point of view, like most here... and if you make bank, then I am happy for everyone here who does..i personally lost a few months back, nothing large, but I am hesitant on jumping in on this right now.. but GL to all here.......
#7 now, 1 hour later, and it will keep dropping, and so will the price for entry most of this week.. this will go back down to .0004 area, give or take a point.. looking down there for buyin, if at all........
easily, or worse..........
what year will this be????
buddy, I saod the same thing at. 006, thinking I had a gold mine, took my loss at .0045 and it still went lower.. Not exactly a great pick here, and I obviously bought at the wrong time.. and this is also the wrong time to buy because this tiny pop before new years was nothing new, happens alot here in penny land.. but from what I hav seen in the past 20 years, those that make a pop before new years for no reason, usually go down and down and down starting the new year.. it has gone down 2 straight days, and I am thinking by days end, this will be day 3, and I honestly do not expect January to be a corrective month for this penny.. i am glad some made bank here, thats what we are all wanting , but I just cannot see what you guys see here, and that is the same I saw at .006
it will not reverse, just like it did not pop like most here mentioned... it is going back down to make another 52 week low, ....just watch..If you bought below .005 and sold yesterday in the upper teens, then hoorah for you.. if not, you are playing with fire here.. but, since this is your money, you do as you wish....and, to make matters worse, the chart (for all those that follow charts) is on a downward trend and horrible at best..
sounds about right...
and thats EXACTLY how to play this... play the volatility, not the long run...
it is barely a bitcoin play, no news to support 5b in trading last couple days, except maybe an RS or BK coming up very fast, or ust a plain P & D...most of these pennys like this play just like this.. if there is substance to this, even yesterday would have been starting a little higher than tuesdays close, dip down, then push slowly upward all day.. but to open up super high yesterday, and close just about the previous open, and now PM is steadily lower, doesn't look sexy to me.. if there was good news to suppport this?? then a possible yes to more price increase today and onward.. not seeing anything to support diddly here... thats why I said this, adn by noontime we will both know for sure...
pretty much got that totally correct, even though the last part ( about going higher) I might disagree with you a tad... but the rest, spot on..
good luck here buddy, but, never listen to the consensus unless you are using thier money.. when using your money, listen to yourself and your experience in trading.. this is going to have a not so good day here today, already down early PM, probably going to get much worse pretty soon...
just watch, I have been in a couple like this,....same setup in my opinion... to make money you have to get in around .005 and play the bounces all day long.. i have no time for that, so happy for those that do....but lets see who is right by lunchtime