Don't mess with my riddim
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$OWVI There goes 16s as well
15s just got knocked out on L2! $OWVI
$OWVI quiet consolidation, will surprise folks next week imo
Yeah lol. Either way, the low today still bothers me. I would love to see a reversal on this though. Today could the start.
Crazy, I was looking at the chart on ihub. I guess those aren't accurate anymore.
Okay yeah the real chart looks better. Still on the sidelines though for now. GLTA
Holy smokes, sure glad I got out when I did. I'll keep sitting on the sidelines for now. I hope folks that listened to the cheerleaders too much have learned their lesson; Don't buy shit based on what others say. Do your own DD and watch the charts like a hawk. Stinky pinkies are volatile and it pays when you're vigilant on your own watch.
I wish everyone the best.
Hahaha that's rich! I guess 140% gain isn't enough for you? LOLOL
Twitchy dumpy fingers are gonna be sorry imho! $OWVI
$OWVI gonna be a GREAT week here!
$OWVI nice churning in the 17 range. Gonna move past that soon.
We're gonna need a bigger bag! $OWVI
Haven't done my DD here but took a position anyway based on the chart. Is this another Arcaro play? Made a tidy sum on Laredo so far!
Ouch, someone should teach your friends about money management and stop losses.
$OWVI so thin
Beautiful churning $OWVI boomage
$owvi 12 trading days and only 1 red candle since the recent run up. hold tight folks, it's gonna be a fun ride here!
anything in single digits is time to buy imo
$LRDR Penny break alert status.
You better be willing to hold indefinitely.
Accumulation/Distribution means nothing if there's no conviction in the price movements. Just because accumulation rises doesn't mean the price will follow. This is true when there's low volume, and especially in the OTC. How much dollar volume was there today, like $11k? That's absolute peanuts, totally invalidating what technical analysis like the Acc/Dist shows.
Indeed, the interpretation that a high RSI means anything in the OTC is just a silly notion. RSI just outputs a line based on the speed and change of price action anyway. So to say something is "overbought" or "oversold" means practically nothing in the OTC.
RSI means jack shit in the OTC. In fact most TA means jack shit. Just watch the price action and volume. Only TA you need imo.
Link please? I found nothing like that on CNN. What you're likely quoting is a shitty bot-generated article from another website that's been aggregated to CNN. So it's not really from CNN.
I'm calling 20% of all movie tix purchases will be from Moviepass by EOY. Profitability will come next year imo.
Why even compare the two stocks. Whatever OWCP did doesn't mean will happen here. such a silly notion when you think about it.
$RCHA smart money loading here.
A/D is not the same as ADL (accumulation distribution line).
Refer to https://goo.gl/pYCE4M
The ADL is always correct because it's simply a calculation. So the math behind it never lies. What is a lie is how it gets interpreted by the individual trader. People tend to think it's some kind of panacea that will determine future price movements. That may be the case in a blue chip stock that trades millions of $ volume, but because of how it's calculated it's basically a moot indicator for pinkies that have very little relative dollar volume.
Now as I said previously, you can have a red hammer candle, and the ADL will go up. Does that mean the price will go up in the future? Simply put, no. Perfect example here: For some reason this ticker trades with a lot of red hammers, so naturally the ADL keeps going up. But guess what, the stock lost 4x it's value all the while the ADL was going up. That's why it's a very dangerous indicator to use when used incorrectly.
That's right I did sell most of my holdings, but I'm not playing games. (BTW that's becoming such a tiresome argument.) I'm just warning people not to trust the ADL because it could give very false impressions in this market.
The A/D line is bullshit when it comes to sub pennies. Technically we could have all red days all the way down to .0001, but if all those candles look like hammers the A/D line will go up. Looks like you need to do your own studies.
It's like nothing phases you. Stock loses 3x value, & we get 4x bigger a/s count, and you're acting like everything is hunky dory. Blind faith can be one helluva drug. GLTA
How can the worst be behind with the potential for so many more conversion?
If you read my last couple of posts I say exactly that, don't buy on what others tell you, ESPECIALLY the cheerleaders. But you shouldn't put too much faith in what CEOs say too because what matters is the outcome of what they say, which is purely the price action.
Bottom line here is we've lost more than 3x value since the recent high of 69. Add to that the addition of 4x more authorized shares, will mean your shares will be worth less once they start converting. I haven't given up completely here, but I have cut my holdings by 2/3rds for the time being. In the meantime I'll be watching closely for a turnaround. Could be a year from now, or it could happen tomorrow. Only time will tell on this one. GLTA
I don't disagree. With the right news we could very well do a complete 360 and be trading in pennies in no time. But I don't believe in technical analysis when it comes to pennies, let alone sub-pennies. What matters is price action, and if we are today a 40 million company as you claim, how come the price doesn't reflect that? I would also like to refer to a post you made a few weeks back claiming this was way oversold, but we were trading in the 4s. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138762582 Basically nobody can possibily know where the bottom is. Maybe no news is released for months and the slow bleed just continues. Maybe good is released and we trade 1000% higher. Who knows? That's all I'm saying. Don't listen to the CEO, cheerleaders, etc. Just listen to the charts.
Look he could be right, what I'm saying is people shouldn't place their bets on what the CEO says, and certainly not what any of the cheerleaders on this board say. Just look at the charts. Those are the only honest things to look at in the stock market.
"we should be trading around the .02 range" seems quite presumptuous and dangerous for investors to be hinging their buying based on what a spotty CEO says.
Good luck busting through this wall. I'm mostly out for now. The bleeding here will stop once we get some solid material updates. But for now, it's been nothing but bad juju. I wish everyone the best. See you in the future, hopefully sooner than later.
$LRDR Only 8 days! BOOMAGE