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I sold because i was -20% and too many times that has continued to -75%
Good luck to all, hope it comes through for yall.
In at 5
Had some room for some spec plays, opened PEII, GRCU and WNTR before the close of Friday.
GLTA
You sir, are a joke. Show some proof on your last 4 alerts. Huge mistake i made listening to anything you emailed.
Every single one has pulled back at least 50% since your alert saying it's going higher.
Im mostly out, GLTA
scaled out of my massive position, left myself 20k shares avg .136 will ride either way. Hoping to unload those up above .18, or add to them if we ever dip to .10's again.
Level2 is super light, its being manipulated up now. I see no real buyer activity. Hopefully the upward manipulation triggers some radars and some bigger money comes in ... until then, i call this a headfake and say we head back down.
Note to self: next time you see a MR alert, set a good-til-cancelled buy order for -50% of the alert price.
How do you mean?
If insiders had info of news coming out, wouldnt they have been loading up?
Unless you mean they dumped, so friends can load up cheapies ... but that didnt happen, there was no substantial buys over the last few days.
Lets dissect your chart, let me know if im reading this incorrectly:
MacD bearish cross about to happen
RSI near 50, headed south with no indication of a curl (yet)
HUGE red candle closing at a lower-low
Support at .08 (SMA50)
Support at .075 (triple bottom)
We have nothing at all to indicate any sort of climb/pop/increase is headed our way. No PR, no news, a forbes article which i still wonder how people expect it to help the PPS, and nothing on the chart but bearish/sell signals, and most importantly no volume. If you are going by the chart alone, you have to expect this will hit at least .08 before anyone even has it on their radar.
Is that what you call a "breather"?? Thats what, 60% down from your pump?
Not saying i am personally using charts for my signals here, but my point is that you posting the chart is not helping anything. It is showing pure negative.
I keep asking, how does any exposure in a magazine help us right now?
It might spark interest in new franchise developments, which would take many many months to formalize and finalize .. or maybe product sales. i would not expect to see the fruits of any of that for at least a year.
Other than that, how exactly does any printing help us? Will people see an AD and run to buy stock? And if they are that dopey, would they still hit the BUY button after seeing we have shed 40% over the last few days?
I might be missing something, I really do want to understand why people are hanging onto these publications as some stock price catalyst. Please clarify.
**Reposting this, because i am still eager for clarification
I trust fib retracement as my primary indicators on general stocks but never on a penny.
Anyone with $20k and a desire can push this stock in either direction.
I liked the stock for my 1st trades, but it has since become pure manipulated garbage. 80% of all trades are HFT machines playing ping-pong with each other.
I was tempted for a tenth of a second to eat the ask all the way to 13 just before the close... But thankfully stopped myself. Too much skin lost in this bloodbath so far, need to let some of it grow back.
Thank you for the excellent analysis tho.
True.
But also a couple new sellers will kick this back down to .05 in a heartbeat. There are no buyers!
Even if i wanted to sell, id have to eat half the bid side in order to get out .. lord knows what the pps would be.
Lets just hope for some PR, news, update, or whatever it takes to see a little green tomorrow.
I keep asking, how does any exposure in a magazine help us right now?
It might spark interest in new franchise developments, which would take many many months to formalize and finalize .. or maybe product sales. i would not expect to see the fruits of any of that for at least a year.
Other than that, how exactly does any printing help us? Will people see an AD and run to buy stock? And if they are that dopey, would they still hit the BUY button after seeing we have shed 40% over the last few days?
I might be missing something, I really do want to understand why people are hanging onto these publications as some stock price catalyst. Please clarify.
I added 27k at 12 but really wish i held off, looks like i would have had a chance to add high 10's if it filled
oh well. Lets just hope we rebound somewhat. I cannot sit on a loss this big for very long, with dwindling hope
If you are basing your trade off of a channel you spot, youd wait to see specific price action to confirm the channel before entering.
You may also have 2 channels drawn ... and breaking out of the down channel is a good indication it will continue to follow the up channel.
Very smart move to stick to your plan.
Can you explain the theory behind why a Forbes article will instantly shoot the PPS north?
Call me an amateur, i just dont see how that will help us in the near term.
Ok I thought of a negative post I can make regarding this chart haha
It can get down to low 11s and still maintain the pattern you outlined. Low 11s for me would be an absolute nightmare
I'm usually pretty negative when im in a losing position, but I'll admit your patterns noted are definitely encouraging! Thank you for sharing.
The only thing I'd debate is whether that macd is "bullish" as you noted. Agreed it's not "bearish" but I wouldn't say it's bullish. At least not as much so as say a golden cross.
I'd even add to your notations the trend lines that go with the current channel. The lines show 12.5 as hitting bottom line, with a probable bounce up presumably to the top line.. Well above .20
Either way thank you for sharing.
ALL interest is decreasing, lol
In fairness to HSA .. which takes me a lot to post because i have lost a small fortune on his calls so far, i think his original alert was int he 12's
if you bought his alert and just held and didnt add/flip, you shouldnt be in any trouble right now.
Personally i have flipped in/out many times ... until buying at 15, doubling at 14, and this morning doubling again at .123
current avg about 14 flat, with an obscene amount of shares :(
What exactly are these publishings expected to do for us in the near term?
Not sure why everyone is hanging on the publications, i doubt a bunch of rich folks will see the print and rush to come by the stock.
I was there. And like a fool, im here too.
Cannot believe this
I did.. Sold half. But then bought them back at 15.5 and then more at 14.4
:(
Your joking, right?? List his last few alerts and name 1 that hit target or did not tank at least 30%. I'll save you the trouble since I bought and lost on them all ... LATF grnh temn
You are forgetting, as most ihub posters do.. There is another side to your dream of big $$ wanting your shares. It is equally likely, arguably more likely that "big $$$" already had huge stakes in these pennies and pushed the entire industry up artificially so they can exit for millions in profits.
I understand everyone can make a case for the stock they believe should go up, but the fact is nobody knows anything.
Which is why I lost my azz here and other pennies, yet made tons in others. There is no rhyme or reason, I'm convinced everything is a P&D and we just need to be lucky enough to get out before the "D"
I have my eye peeled for a fresh entry, but there is no bottom in sight on any of these! Took a gamble with am entry in erbb this morning, so far so good but I'm watching it like a hawk. Cannot trust anything
Best advice... Limit losses, keep a tight stop on all of these penny positions and adhere to you own rules. "plan your trade, and trade your plan"
I was sitting here having a heart attack watching realtime time&sales popout in the corner of my screen ... until i said "eff this im selling, this thing is obviously going down"
Then realized i had T&S active for VKML (similar PPS) ha!
thank goodness we are holding tight here.
Dejavu brother ... best of luck to you all.
For about 32 seconds i contemplated eating up those 40's but glad for the moment that i did not.
Cant say im having much luck elsewhere, everything is a sea of blood for me over the last few days.
There is not enough selling (or buying) to indicate any major positions are being moved in or out.
Also if MR is alerting they are exiting, you can bet they are already long gone before you even get the email. No way they risk selling pressure from their followers and risk losing potential profits on their own position.
Why what happened?
Hope we go up tomorrow, I'm also not doing well on my recent picks/entries.
Also got torn a new bumm today on vkml hoping we get over a penny here before we face the same music due to the new regulations
Good luck to all tomorrow
What do you mean? Did they move onto another pick or something?
Well it looks better than 0070, sure.
But cant agree it looks good lol
Has something changed??
Why the sudden change of tune on here? Everybody was so excited, posting like crazy, every other post was about hitting copper the next day ... Remember the ticker change any moment that you've all been saying will shoot us upward?
Now posts have slowed to a crawl and the few left are talking about "value ride" and 06's wth happened??
Did I miss something?
Oh no .. usually a bad sign when people start saying this.
"long term hold for me"
"just consolidating"
"healthy pullback"
"i expected this drop"
etc
All are typically my cue to exit, and buy back 40% cheaper lol
I'm fully out also, also for a very large loss.
Best of luck to everyone. I do believe she won't go down a much more but I was in too deep to chance it and can use the funds elsewhere.
Til next time
Thanks!
HSA are you still buying? You must be seriously in the whole like the rest of us
This is awful. And to make it worse i dont see ANY support until like .21 or so? Can someone confirm?
Terrible, terrible, terrible.
What do you mean? What will be rescheduled?
Thanks I actually never knew that. I'm in fairly heavy (several million) so any spike would be most welcomed by me :)
Good luck to us all
Why do you feel a new name will spike the PPS?
GLTA. I will be planning my exit over the next few days. Will sell in incremental blocks so to not trash the pps for those still sitting.
I received an email back from IR and they explained they do not have enough info to justify a PR, and will be updating their website each Friday. This tells me they have nothing new/good to report, and will be popping out some fluff blog posts.
I believe in the DD i have done, and love the fact that this is a real company with a real physical presence, but do not like the PPS i grabbed or the many thousands of dollars drawdown every single day.
My own mistake for following the advice of a group and not waiting for my chart to tell me to buy. Lesson learned.
Wishing you all luck
Just confirming .. we should ignore the many thousands of dollars drawdown from our account each day, because we are just consolidating and should be patient.
Right?