Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Dude, I see this again and again. Please DO NOT try to trade pennies with Scottrade or TradeKing; they will [censored] you every time.
It was this very reason I decided to open an account with E*Trade and I've never looked back; I am absolutely not affiliated with them, but I have literally never had a problem buying a penny stock with E*Trade, even down the newest and craziest ones.
If you know you like to play penny stocks from time to time, it is well worth your money to get an E*Trade account, or else continue to enjoy missing out on early opportunities like this one!
Please take my words kindly; I'm only concerned about your best interests.
WhatsApp is a $19 billion company/app that also had humble beginnings. If WhatsApp had been a stock like $ADCS, then the equivalent is a stock that goes from 0.0004 per share to $4 per share over a period of five years.
A $1000 investment at those levels would return $10 million dollars.
That's insane, and it could easily happen again, lol. That's my pump for the day. :)
(disclosure: long)
Now I'm not saying that $ADCS is $NTEK, but I remember when $NTEK was a 0.0002 stock and everyone thought it was the stupidest and riskiest thing ever.
I dream about going back and just being stupid enough to plunk down some serious money on it and letting at least part of it ride.
One day we'll find the next $NTEK, and I'm telling you: it will look pretty strange at the 0.0002 - 0.0004 levels, just like $ADCS does.
It's a massive mountain of fear and doubt that a stock has to climb to go from the trip-zeros to multiple cents, but it happens sometimes.
But don't listen to me, lol: I'm already long this stock.
You can literally see the shorting happening on the chart.
Funds that are short can only try to short more as a last ditch effort to drive the price down, but they will eventually have to cover.
They are playing a losing game and are about to incur a massive loss for themselves and a massive short squeeze.
I know they monitor this board too. Lol, better hurry up and cover before you have to file a $2 billion trading loss this quarter like JP Morgan had to do in 2012.
Don't let $DDD be your funds funeral. Cover and lick your wounds.
So who are our two celebrities who are in with us? I still don't quite understand the 'star' system.
So, $2 million dollar market cap with a projected revenue of $1 million dollars for next year.
That's a forward P/E of ~2? I like those odds. :)
Remember, once you buy shares, IMMEDIATELY set a sell order for 25% to 50% of them at TEN times what you bought them for (i.e. 0.0030) so that the MM's can't use your shares to manipulate the price.
Then set a sell order for the *rest* half of your shares at 100x what you bought them for.
If the price actually goes that high, great, but you can still change your order at any time, and your shares are 'locked' up.
AAWWWWWWWWWWW YEAH, let's do this. :)
I'm for 4 million at 0.0004; this goes to 0.0030 at least IMHO. It might go higher if the company plays its cards right.
No, it's actually incredibly possible, if not sooner.
$1000 / share would give $DDD a market cap of about $80 billion or Twitter x 2.5 or about 1/2 Facebook.
Now they will definitely need to continue to expand to fill such shoes, but by 2017 or 2018 it's certainly possible, and by 2020 it's downright probable.
3D printing isn't a fad and it isn't going away. It's only going to get more important and practical with time.
Lol, too late. I am already extended I to NA metal mining as much as I am willing to lose + a few percent.
I have about half my portfolio in metals and the other in leveraged tech positions. They tend to hedge each other nicely.
I think that we are seeing continued downward pressure on this stock via the converted debt, but that will end soon and the rising price of metals is going to cause people to scramble into this.
I don't know when the lemmings will panic- but it will happen: this stock will open +25% one morning and then the rush is on.
I am definitely pulling my hair out on this stock and $ANV. Their price makes no sense and my instincts scream to cut my losses while they are small... In reality that probably means that next week I need to hold onto my butt. We are gonna see some serious awesome in the NA mining sector in March IMHO.
That is incredibly true. Very wise words.
We should be breaking 40 cents by now. African mining strike has turned violent and could stretch for months; the world's supply of precious metals is going to get horrific in the next 60 days and only people who have the foresight to buy stocks like this will be there for the rocket ride.
Disclosure: long
4 million more shares traded and the price is holding? Once this has consolidated we are in for another epic run. There's only 30 million shares. You think people are buying now to sell below $3? Nope. Once all the short term profit takers exit from yesterday, you are gonna see some rocket fuel.
That's not pumping- that's fact. I considered selling half of my position and realized that would be giving in to emotion and missing out on profit.
The entire float has turned over at least once in the past 24 hours; is the float really only 30 million? Wow.
And yes, I am very long on this stock, and for good reason.
Here comes the FUD. People desperately want cheap shares and are willing to trash talk.
This company could easily be a 300 million dollar company with the patents it holds, which translates to a share price of about $10!
Ok, I'm grabbing 1 million 0.0006's.
Let's roll.
I can't stand that guy's ego; ego has no place in what we do. I have no idea why people follow him. Please keep us updated on any nonsense you hear coming from that camp.
I've never had a penny stock do +90% in a full trading day like $LVGI did for me yesterday. I'm hoping that momentum continues tomorrow: I certainly cleaned up yesterday, and would love to stay aboard the rocket ship.
Nope. I just bought 1.4 million shares and moved the ask to 0.0008.
This stock is going places and I want to be on board.
Here we go!
Boy you must really be hitting on those shorts today... Cover yet?
I scooped up some super cheap January '15 $80 calls yesterday and now I'm basically printing money.
If your argument against 3D printing is that people won't want to print colored shapes in their home, you really don't know what you're talking about. People called Google a bubble as well.
This drop was entirely emotional driven, and when you consider that all of DDD is only valued at $7 billion then the stock price becomes truly silly. This stock should already be at $120 a share and you will see a rapid ascent from here now that the fearful have capitulated.
Look out shorty; you had your day, and it was yesterday. Now it's time for the universe to right itself.
Better close while you still have a profit!
Loaded up another few thousand shares today. I'm ready for the first great penny of 2014, and glad I got in early!
Another great day; this is still early and who knows what will happen once this machine really gets running.
The last similar stock went to $1.30 and this could go much higher.
Lol, stupid mobile.
All I can see is the board! How embarassing.
Well looking at the volume and the price gain today, I'd say someone let the cat out of the bag with GASE. It started popping on my radar and I took a position.
It's nice to see familiar faces - this could be the first big penny stock of 2014... I long for the early days of 2012- the penny stock bull market when people were getting rich off pinks.... I hope that day can come again!
Link to release?
Lol, so they can dump the stock. Disclosure: I'm short at the moment.
That trend line was acting as support up until the 3:2 stock split, then it became resistance all the way up until November.
Now what does it look like? Support. Next week will tell the tale.
I think we are about to see an epic run. I base this on all the blatant negativity I see everywhere about this stock. When you see fear like that, you buy.
It is amazing that it is profitable, a future tech stock in a roaring bull market, and valued at a market cap of only 9 to 10 billion.
That's ludicrous. I think we should see some magic here shortly.
I know; poor guy can't even enjoy life anymore. He goes and sees a good movie, enjoys Leo Decaprio's latest performance and wants to share it with the world...
Nuh-uh buddy, better keep that one to yourself.
On the flip side, he tells his employees to enjoy company gifts, like some free chocolates and people lose their shit.
"You know what else has chocolate? Willy Wonka, which has resisted buy out from it's larger competitor for years! Oh God, he's telling us that they're going to turn DOWN a buyout! OMG."
The man moved his stock price with a tweet about chocolate gifts. That's flipping awesome.
Well, here's wishing us the best week of 2014! Go $ONCS
On the Yahoo Boards, a claimed biologist wrote the following (note that I don't understand the science here fully, so I can't confirm how legit this is):
Perspective from a scientist
I'm a biologist working in a lab and I conduct experiments similar to those done by ONCS (we routinely do electroporation) and I thought I'd offer some perspective.
Firstly, to be in collaboration with UCSF is an immediate green light--UCSF has one of the most comprehensive, well respected medical departments in the entire world. This first and foremost puts this company on a pedestal.
Now, the best part about this company is what made that collaboration possible. From a scientific point of view-what OncoSec is doing with its cancer treatments is similar to what many cutting-edge researchers are doing. Electroporation is a technique to introduce a small dosage of substance into a cell. As i mentioned above, I routinely do experiments where I use this technique to introduce DNA into cells. In one of their trials, OncoSec is using electroporation it to introduce a plasmid (a DNA construct that codes a protein), causing the immune system to acknowledge the cell as foreign and target it. This is brilliant! Basically, the only problem with cancer is that your body doesn't recognize that cancerous cells are bad. As a result, the immune system ignores them and the cells grow and grow until they overwhelm your body and you die. In essence, by introducing this protein (IL-12), they're labeling the cancer cells as bad enabling the body to naturally get rid of them. From a scientific point of view, this is truly a brilliant technique. To support my point further, consider this: this treatment is already as effective as surgery and IT'S STILL IN CLINICAL TRIALS! There is incredible room for growth here, and incredible scientific potential. This is the future of cancer therapy--It's literally the next Apple of bioengineering!
This stock is horrendously undervalued considering OncoSec's collaborations and technologies--I would buy at $10 in a heartbeat.
I hope my perspective helped, it's imperative that everyone understands this opportunity.
Good luck to all!
Hence the concept of OTC Hell, as I am learning.
In a NASDAQ stock, if there is great momentum and demand, the price can swell immensely.
In an OTC stock like this, the MMs can absorb that momentum in the form of naked short selling, and then cash in when people lose interest a few days later and start "bid-whacking". (Frustrated stock holders simply start dumping stock back to the MMs for discount prices, giving the MMs a nice profit).
For most OTC stocks this is incredibly profitable because many are multi-day pump and dumps that people are sure to lose interest in quickly.
The MMs lose however, when they blanket apply this policy to all stocks, including actual promising companies like ONCS. When a stock has a multi-month or multi-year interest in it by dedicated investors and traders, then their shorting tactics fail and they are forced to cover at higher and higher prices.
Essentially, for most stocks the OTC MMs act as vampires sucking hope and momentum from them to line their own pockets. And that's why it's important that ONCS gets off the OTC eventually and onto a bigger exchange.
I think we will see that very thing happen in 2014.
I can't promise I'm a permalong, but I know that I'm in for my stake well past current levels.
I should add that the bear-raid this morning was a clear indication they are getting desperate, as well as the various codes that are popping up in the share # orders. The fact that they dumped millions of shares (all probably naked short) onto the bid this morning and barely caused a dent fills me with a big smile.
Instead of solving their problem from the past couple of days, they've only made it worse, and I honestly think that we could be in for an epic day here soon. If a PR piece hits, Oncosec reports news (even a schedule), and they finally have to cover... we could be looking at a rocketship into the .60's or .70's.
Yep, just picked up my last 6,000 shares.
Fully loaded now for 21,400 shares. I own about 1 / 10,000th of ONCS!
Between you and me (and the readers of this public post), I know we are both long this beast. And of course there will be ups and downs over the next few months. +10% this day, and a few percent pullback another day.
But I think we are due for a truly epic day, and I believe it will come before the end of February. I'm talking a +30% to +50% day when all the catalysts line up: market makers fail to deliver, short float, news or articles hit, etc.
I can't wait for that rocket; looking forward to it with you.
NITE is shitting himself at 53 cents, trying to flash big ask sizes and slow down the EOD buying.
If that Seeking Alpha article hits after hours... tomorrow is going to be a bloodbath for the MMs.
edit: AND THERE FALLS 53 cents!
Agreed, literally anyone can make whatever order size they want.
But still, I'm tempted to troll everyone now with my order sizes.
Do any of you place any stock in the supposed 'order size codes' that various makers use to send messages and signals?
For example (and I don't know if I believe this or not, but who doesn't like a good conspiracy theory?):
Many traders believe that Market Makers (MMs) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are from one MM to another.
- 100 I need shares.
- 200 I need shares badly, but do not take the stock down.
- 300 Take the price down so I can load shares
- 400 Keep trading it sideways.
- 500 Gap the stock.
This is a theory put forth by a lot of penny stock traders. This is not a guaranteed trading method but can lend some insight to communications. It can pay to watch a few MMs of your favorite stock over several days or weeks to see if they follow these or other similar signals. That way, you can divine what they are going to do and jump in ahead of any move that may come.
http://falconstocks.com/information/readingmarketmakers.htm
What do y'all think? Or is it just tea leaves?
I hope those criminals keep absorbing shares. This kind of nonsense hurts a sideways trading legitimate OTC stock (and they've certainly brought their share of pain to ONCS in 2013), but these shady tactics fail when real volume/money come in.
The longer they hold it down, the greater the likelyhood of an epic short squeeze taking hold in the next few days.
I'm betting a lot of these MMs are using the 52-week high as a benchmark for where they should hold the line on wash trading, because they know if it falls it's game over for them and they are going to lose a lot of money in the next few days.
If you look at the buying today vs. the price, it looks straight criminal. Hundreds of thousands of dollars flowing into this with none of the *real* holders selling and the price doesn't move an inch.
That's because the MMS (including NITE) have an invisible wall up at .495 that is seemingly eating unlimited shares.
That's ok; they are doing the new buyers a favor... and they'll eat the costs soon.
Once that 50 cent target falls, I'll bet we explode through the .50's