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Looks like the bottom signal day... flatline for a while and a major volume explosion... 0.005 is the chart's real resistance once we get moving.
When CHNW went all the way down to 0.0001, everyone called r/s, dilution, hell will freeze, etc. And the chart looked like it was about to give up and become zero. Well, see the chart.
http://stockcharts.com/h-sc/ui?s=chnw&p=D&yr=0&mn=6&dy=0&id=p79947729638
I love these story stocks that go down to 0.0001 as they almost invariably make 1000% moves within in weeks when everyone vows to never play subpennies...
I picked up a handful today as well. Good luck.
Goingin60 is one of the best subpenny pickers. He's dds are not like reading scholarly works but the man (I think he is) has the midas touch when it comes to subbers. When Goingin60 posts a subber, I listen, every time. If some of you punks stick around here or elsewhere long enough, you'll give him due respect. Thanks.
return of the super-micropennies ... always happens at the tail end of bull markets... get ready to cast a lot of nets in the pennyland and micropennyland....this is when you make all the money you need for the entire year. Don't be surprised when you are gasping with disbelief at $.50 !!!!
I don't know about others but I seem to see a reverse head-and-shoulders forming in ETIM's chart.
http://stockcharts.com/h-sc/ui?s=etim&p=D&yr=0&mn=6&dy=0&id=p79947729638
Like ALL good stocks, buyers will come "out of the woodwork" when ETIM breaks out of the 0.0095 area. It's just needs a bit more "consolidating" at this level.
nwsun, I see that... thanks. Etim really appears to be a gem of a stock and I thought lfza sounded a bit like a shady company.... well, damn!! I'm gonna watch for the next few more days and attempt to average down..
I think it's obvious that many traders bailed by the fact this board is down to #5 today versus #2 for the past several days...why? I think it's because we broke the 0.0045 support.
Are the technicals completely broken by today's move?
The mms are going to bore the traders out of their shares. And when it seems it's dead, it'll do a pheonix on the sleeping masses. This is the story of the tradingland.
Bad Cuda: they all sound great except for the fact that the superbowl commercials are the most expensive time slots on tv. Not possible.
dustybutler, that's a very nice respose from the company. He is very correct about the fact that his company isn't a stock promoting company.
Okay, let's see how deep the rabbit hole goes!
For the retail traders here: either you throw in the towel with the inevitable 0.002 coming up (and the fear it might go back to low 0.001s) or you average down by buying at 0.002. I'm taking the latter choice. My average is 0.0036 now and will double down at 0.002 to make it 0.0028.
These pinkie mms do NOT show all orders. I've had orders in many times, both buys and sells, between the spreads and NONE showed up. These mms are playing with it. The four mms on the ask don't mean squat and neither does the single mm on the bid. Just look at the charts-- that's the only thing that is real.
"that should explain the increase in shares outstanding"? Can't think of any reason that pr lifting the price of this stock. May be another pr would.
MC, why don't you just call up the company and ask. I'm personally getting a bit tired of your whining about this, over and over again.
I bet we crash down toward 0.002 at eod, making many throw in the towels. That's how mms play and almost always win against retail. The mms want all those who piggybacked yesterday on "their" rally to give them up here. It may meander in the low .002 area tomorrow again to really flush them all out mercilessly before it rockets back to 0.005. You know how fast they can move this thing. I'm ready to pick up my averaging shrs at 0.0021. GLTY.
Exactly, sman44. Many traders jumped onboard yesterday and it would be almost expected that we pulled back today. As it ALWAYS happens, the traders who sold today out of fear of more drops, WILL buy back at the 0.005 breakout, and again at 0.008 breakout. Today, the selling mms are in FULL control. There's nothing we can do unless a big group of traders decides to jump on it.
Easy, folks. It went up 60% yesterday on NO news and no one complained. This stock is obviously easily manipulated by mms and big players but, in the end, they will abide by the t/a "rules"... They needed some backfilling after yesterday's big move. Who knows? It can just as well jump to 0.007 at eod today as it went to 0.0051 yesterday and fall back to 0.003 just as quicky AND move back to 0.0045 in a nanosecond. Leave it alone. It will do the wild thang when t/a is right.
MM at 0.003 will have to run out of shorts at some point... pure logic!
All making sense now. Yesterday was when the big players were loading up at any price, basically, and today we have a breather on very low volume and news are beginning to hit the wires and trading websites are starting their engines... let's see where they take this to in the coming days and weeks.
The mms in this stock has to be the most transparent and honest I've ever seen in a pink sheet stock. The fills, both buys and sells, occur as they should. Most otcbb and pinksheet stock mms typically play their own games of buying and selling as they wish with no regard for retail traders-- e.g., go right past your bid or ask at will.
Moderator: I'd like to be taken off as an assistant on this board as I've sold all of my holdings in this stock-- for technical reasons. I am keeping it on my watch list for the time being. Good luck to everyone here.
Watched the action all day long and 90+% was active buying. This is extrapolated on the fact that we had a very wide spread all day long and the ASK was getting whacked and rarely "selling" on the bid side. This tells me that the buyer was ready to buy at any price, having little concern for the wide spread. Many times, I had my order at prices over the highest bid but even as the bid prices were getting hit my order remained unfilled. Toward the end, some big selling happened but it was likely nothing more than a desperate attempt by mms to stir some panic.
SOmeone tried ... 0.0033 x 0.0045 like nothing just happened!!!
Anyone know why none of the links work on the company's website? TIA.
MACD about to turn up. Very quick turn around. Heading back to test 0.0070
Short MMs are so scared they are buying premkt...lmao! Pet owners will be all over the new product for their pets. This is just the beginning of this gem of a stock that will be talked about for years.
hey, momo, where are you?
this is a low volume walkdown.. take advantage of it as mms do... then, you'll do fine
it went down to .0075 x .0080 in a few sec and went back to .0085 x .0090 also in a few seconds.. very desperate mms... accum here folks
there's the gasket!!!!
beauty of an intraday chart so far... I put out 10k at .009 as a test and they bought it in a matter of a few seconds. That is exactly what is happening... ACCUM!
damn, I missed your gals!
naw...save it for next week..we got plenty of momo already.
SHARE COUNT: 3.5 million for me.
the intraday chart so far shows a very steady staircase movement--- the best kind.. to make it very hard to sell..
The BEST thing about this company business model is that every human on earth WILL die. and X-tians tend to care a great deal about funerals. $100 mil plus annual rev in no time for this company.
how many Catholics? 500 mill + = ENOUGH SAID.
http://www.catholic-hierarchy.org/country/sc1.html
Sorry, pcloadletter. Just stating how big this is. I don't know who'd not want these.. Death is a frightening thing for all humans and getting burried in an "offician" Vatican casket with pictures of the saints and Jesus?...oh, MY GOD is all I can say. And I know how big the Catholic Church is.. like 100 million strong...