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I hope you arent still holding onto PH*T
I personally dont care what anyone does with their money...However, you think Tim Sykes is in over his head? How so? The guy is a millionaire several times over and knows more about the market than all of the wolfpack combined. Not to say that I dont respect the volume and interest they bring into a stock but to say that Sykes is in over his head clearly shows you are newb
Load the boat with water and watch it sink. Insider selling is gonna crush this one for a while. Some strong financials can help it out but until then, look out below. I would rather buy in on strength at this point instead of hoping to catch the falling knife
I just stay away altogether now. You never no how long in between news and the spikes are getting smaller. Before you know it, you will be waiting on a spike to recoup your original buy in. Good luck to those in though
This thing will never hold gains. It loses 50% in the first hour of trading on what seems to be just great news
It never holds gains. Thats why I just stopped trading it. On what you think is great news, it loses ALL of its gains awaiting on the next piece of news.
Looks like another few years at .0001. I hope somebody listened to me and avoided this plague when I posted a couple of weeks ago. Sorry to anyone that bought over 1's
Watch out tomorrow everyone!! More fences are being put up!! At least the fence guy is making a killing lol
I dont know if its that great to flip now unless you are playing huge numbers with it. The float was low which is why it moved up so easy. Even with insider selling, its still not a huge float but it wont move up so care free now. Probably more of a long at this point. Lets see what the day proves though
Yeah, PH*T could have been a good flip if you would have listened to me. If I tell you Michaud is gonna short something, you better listen lol. The guy knows what he is doing and he has a big following so people are gonna start selling if he is talking about it. Not always the case but this guy will buy and short the same stock more than once in a day. He knows his stuff
Been preaching this sentiment. No reason to lose half of your money and wait for a rebound
Still not taking profit? I have noticed ER** and PH*T have taken huge hits. Could have made some good money and bought back in on the dips. Im still on the sidelines here. Part of me wants in but the whole pattern is changing now. Insider selling changes the float and those huge swings to 9 and 10 are gonna be harder. Not saying it wont get there, but its not as certain as it was. TAKE PROFIT ALONG THE WAY GUITAR!!
Well, at least you are capitalizing somewhere. I hate how people make it seem evil to take profit when you have it. Thats what everyone is here for right? Im a buyer at .03 and a flipper at .033 and up. Successful traders pay attention to intraday patterns and capatilize off of them. Does it mean holding and not flipping is wrong, of course not. Just two different approaches to trading
Mischievous huh, whatever man. Im clearly not bashing the company or saying it isnt headed N. Tell me where my logic is flawed if someone sold in the 4's and bought back in in these low 3's? You would have a ton more shares to work with. Its not hating to take profit. ALL successful traders take profit along the way. Tim Sykes takes profit and he is arguably one of the best traders out there. Its just crazy and greedy to keep holding out for more if you are up 100% plus. Its not my money so I dont care what you people do but there are a lot of newbies in here trying out the market for the first time and they need to understand that making money is great. You have not made a dime until you sell so saying you are up x amount of money is meaningless until you can buy something with it. Good luck again
I understand and please realize, Im not bashing this stock at all. Im just stating that pullbacks are inevitable and if you see them coming, why not sell and buy back in on the dip. Its just healthy to take profit along the way. April 21 and June are an eternity in pennyland. Some huge swings can happen between now and then. May as well take advantage of it and strengthen your positions. GLTA
I dont know about 85%. At least, most stocks arent trading a 1000% above valuations. And buying on speculation is great, but so is taking profit on said speculation. You should always try taking some profit at the top. If and when it dips, like it has, if you still think it has room to grow, buy back in with more shares. It only makes sense
Considering nothing is in place making revenue yet and people are buying on the "speculation" of a future pr, i would say that it is exactly a speculation buy. I never said it was a bad one, just that its good to take profit along the way. If you get up 100%, you should sell a portion, it that doubles, maybe sell another portion. Its crazy to hold something in hopes of a dollar like some. 99.9% of these sub penny plays dont make it to that level. Im just saying play the odds
I think people get carried away on hype. The pps is gonna come back at some point without the financials. Take profit along the way is the best way to play speculation buys
Father in law just left there. Honestly, I should have been on here warning you guys but I would have probably just been called a shorting basher. The company is undergoing upgrades now to keep production from going down so often, which it did last year and which is the reason it didnt produce what it was suppose to. The 25m is just a bandaid and in that time, the upgrades are gonna come but they wont be making money while doing it. It seems like a lost cause at this point. They are top heavy with more people at their Pasadena plant where they dont even produce. Father in law left because he was worried about how much longer he would have a job. GLTA though. I hope it turns around but it doesnt seem likely
nope. Probably should have but insider selling tells me that these guys dont see much more of an upside
lol, OHH, now ER** isnt a scam. Im thinking about a position. I dont like the insider selling though. Thats why it couldnt hold 8 last week
Told you it would drop to high 6's
Do you know the float by chance on this one, TIA
I hope nobody is really worried long term. If you didnt expect there to be a pullback today, well, you probably should just be flipping it anyway. I expected it, sold this morning and am ready to buy back in for Monday. Consolidating today will be much better so it can run next week. Too many strong hands in here. It wont take near as much to get it back up to the highs next week. Just my opinion though
Not sure how to take this news. No wonder things have been moving slowly if they didnt have the capital to build. Am I missing something
Not in this stock anymore but I believe they have good things coming at some point but people only seem to be interested in flipping it. You longs are gonna have to exercise extreme patience or try flipping for profit as well. If it didnt run away on the news from the other day, then, its not gonna leave you behind. Just some food for thought
This stock defies all logic...in the best way possible. I really expected a huge dump at .02 that would keep it from hitting these levels though but it just chewed through without regard for anything. I love it!
DE$M doesnt have a locked up float to do anything. I traded it a few times. It doesnt have the publicity this one has. If it couldnt hold its gains on the news it had yesterday, then its dewmed!! You can ride for a huge gain before 3 even if that the case
550k strong at .0166
lol, with all this volume, you still couldnt get out. I held til the end of the year in which I bought...about 6 months I think and I never was able to sell at .0002 even. I messed up and bought on the exact same setup. I was new to trading and saw the volume and of course, social media and music was just starting to grow so I figured I did well. Boy was I wrong. I just got out to claim the loss on taxes. I suppose I could have held til now and got my money back at some point as I bought at .0002. I guess a hold strategy isnt that bad cause its not like you are gonna get anything at .0001
The only thing cool about you is your Avatar. However, without significant news on Monday, it will probably drop into sub pennies. How far it goes and how long it stays there will depend on a game changing PR. What came out Monday was not near enough to prop it up for a week.
Thats how I see it. It just bugs me to read people saying SCAM. Its not a scam. The stock is probably a little high based on the last pervious earnings obviously but I see the potential for future earnings. Under Armour has been valued at 74 bucks but its trading at 116. Sometimes potential trumps actual numbers. When the second quarter comes out, I am sure this thing will be into the silver with no chances of hitting pennies again
Its trying to jump ship and ride on the MJ market last I heard. I dont trust this stock for a second. There are gonna be a lot of trapped shareholders here. 130 million traded is not really that much money at these levels. Dont let the volume fool you guys. Im not a basher. I was in this stock years back and it remained dormant for years. People are just trying to make a quick buck, which I understand but if you cant buy at .0001, then you are likely throwing money away. I feel for those that got in at .0003. They are stuck here for life!!!'
I dont get how bashers can call scam about no revenue and no products. Clearly they have both. I admit that I jumped ship this week. I was in at .0145 and traded out when I felt that news wasnt gonna come this week. I didnt trade because I dont believe in the company. I just thought there was a strong possibility of sub penny coming at which I can afford way more shares and not be behind the momentum when it comes. I think this company is gonna make you longs money, no doubt. I am just greedy and want to make money in other plays while waiting lol
Im out awaiting a re entry but your statements are ridiculously inaccurate. They have products and sales and rights to distribute another product that doesnt exist. The pps just cant hold up anymore without an update to increased earnings. Until they start showing more profit, sadly, it will just be a daytrade type of thing. If they show increases in profitability, like I believe they will, over the next couple of quarters, it will be in the silver and stay there.
I dont believe its a scam for a second since everything they sell ACTUALLY exists. However, I will be out for now and may buy back in later. It will do well on 2nd quarter earnings and forward but I would rather trade and build up more money and possibly buy in lower than stay in right now.
I knew I would see you here today. Glad to be out earlier in the week. Probably wait for subs to buy back in.
No way better to start the momo trigger than when you sell. Im better at stopping the momo, IE buying at the top, lol
I have been ignorantly playing penny stocks again, mostly the mj stocks and have had some real luck. I made over 8k in two weeks but I screwed up my margin account and back to 2k up. I got one more play Im working with right now and from here on out, I will be playing it safe until I can have enough funds to daytrade without the hassles of a margin and waiting for settled funds. Good luck moving forward. If you bought at 2 or 3 then obviously you have nothing right now. YOu could sell and claim it on taxes or put a GTC in and hope to get out whenever the next pump comes. Hopefully you will get lucky and recoop some money
Just noticed the news out but havent been really watching this stock until today. Does anybody have any reasonable predictions on how this might move tomorrow?