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Adding more here
Split=bad I dumped my shares after being long and string for 2 years!
Well employees don't have to undergo a reverse split
After dumping my shares for a small profit I now got my broker share to sell short, if you can't beat um join um
In the 10 years I have been trading , a reverse split in the penny stock world is the worse thing possible. Dump this shit
If the confirm a reverse split at these prices I'm dumping my shares I have 1.1 million shares at an avg price of .0175. If there is no news out and they confirm r/s I'm going to dump my shares and short this company into the ground.
Dumping all my shares before split, and never looking back, I know this game way too well and they will just dilute then rev split over and over and over. Sucks for us longs but it's the game the OTC penny stocks play
What a joke! so much for holding about .023 resistance...
Now if we could only close above the 200dma
Please hold above .023
dont get me wrong, I want to preserve my money. I dont mean to sound harsh but im in this for me. selling all in one day will stop a trend dead and I dont want that. I AM NOT HERE TO GIVE INVESTMENT ADVISE just posting what im doing
Yes my first investment was $286@ .012 (I may have miss quoted) and I traded this stock for a few months and built a 300K share position with that. in the past 5 weeks I have added $10,500 (with high hopes for this company) 3% of my trading account and have traded small pops. I now have around 1.1 million in shares with the total of 47 trades. my account unrealized profit is about $16,000. I know people on here bash me for posting technical's but its how I trade, I base a company I want to trade or invest in off of fundamentals and right now any way you slice it PSID has .035 for a PPS based off of cash and assets so really anything blow that is a buy. Yes my accountant hates me but I dont pay him to like me I pay him to do his job. This is what I do for a living full time I cant hope or pray, and I must say I dont mess with penny stocks much anymore (there is just too much risk) but the potential for this company is wayyyyy tooo big to miss out on and I think I have positioned myself in a way that if things go bad I can still get out with a minor profit and that im OK with.
I wouldn't sell in what would be an uptrend, if we get the contract it will break out and move in an upward channel. Once it then breaks out to tge upside or downside is when I anticipate selling but if it keeps moving in a nice upwards channel I will hold forever and let my now 1.1 million shares keep going. I wont dump my shares in one day either, it could do major pps damage.
From my experiances the longer this moves sideways (consolidation period) the bigger the breakout will be.
Nevermind
Is PSID halted?
I've owned plenty of shares of wal-mart and there is no way in hell you would catch me in there shopping
Yep and it's got me all my share near the LOD
I completely agree, but I'm not here to do what's right I'm here to get shares at the best prices I can. My one lonely buy order is far from putting enough downward pressure on this. This is not a popularity contest I'm here to get all my shares as cheap as possible then once I'm happy with my position I will stop.
I hope it doesn't break support because it will show that .02 is the line in tge sand and is stronger than expected.
Wish I could
Think today might break support and go back under tge .02 support. Setting any of my buys @.0185
30DMA is providing good support, all my buys are set @.0202
Sorry guys, I'm keeping my limit buy orders just above the 30DMA @.021 50k lots one on my scottrade and one on my sogo trade account.
I think by weeks end we can Say Goodbye to the .02's and say hello to the .03's! IMO
My broker won't borrw shares if they are in a cash account only margin
I've been addin too, I picked up 100,000 yesterday and will add 50-100k today as well. I want 2 million shares now, before this explodes!
If we can break trough resistance we will get momo traders pushing it even higher
MBD what other companies are you watching?
I must have been looking at another list, I was more or less looking for NOC on tge list but could not find it.
MBD I don't see PSiD on the FBO list anymore, can you confirm
IMO the way this is acting is good. Accumulation all day then closing green is how good stocks act. MMs keeping it down so all the smart/institutions can load up. If we keep seeing this patern we should be doing just fine. I am no longer trading this I am just buying a lot, added over 100k today and will keep adding till I'm over 2million shares. My price target will vary after this breaks out but as of now my target is $6 but when this breaks out I'm looking for a it to trade a sold 45 degree channel to the upside if it then breaks out from that channel to tge up side with heavy volume and no news I will sell. Generally when a stock breaks out from an accending channel with volume that's all tge institution Geting out. None of this is investment advice purly my opinions.
I keep doing 10,000 share limit orders @.023 and it keeps filling them @.0200 and .0203 I did it 6 times.
I'm thinking of dumping $80k into PSID and start fucking with the MM, place huge orders then pull them before they get filled, run a limit sell order @.031 for 500k shares and while buying every share with a market buy order.
No I'm adding to my position yet again, no selling here. This ain't my first rodeo
This thing screams miniplulation, naked shorting and or dilloution. I think I'm going to be pretty depressed when I see how many new shares are out there.
I have an open sell order @3.00 for my 750k shares. Been buying...yes I added my own money yesterday
I'm seeing more and more people talking about PSID on www.stocktwits.com. Anyone who can should open a free account and spread the word about PSID.
There is either major diluting going or miniplulation, it's bull this should have closed much higher
From my experience with trading the first hour of the day is amature hour, generally tge last hour of the day is when the big money moves in. At least that rings true with non penny stocks. With that being said if we have buying pressure with volume and even a slight move up is a good sign. IMO we should see a few days of upward movement with good vol during the last hour of trading.