R/S cancelled?

God I hope so....bought in @ .004 today. Looks like I'm screwed for now.

Nice move here today. What's going on?

Yep, it's utterly baffling. But then you remember this is pennyland and suddenly it doesn't seem all that surprising. This is why you don't buy penny stocks when they're up 12,000%. But, but some guy on iHub said it'd be .50 by Friday & $1.00 by next week. Yeah. How's that working out for you?

"When a man with money meets a man with experience, the man with the experience winds up with the money and the man with the money winds up with the experience."

Sorry to all who lost money here.

Suit yourself. I'm out. Been fun, but this is just looking worse by the day. Good luck to everyone.

Ummm.....you guys have read the 8-k, right? Pay particular attention to the last paragraph below. This isn't good.


The Company has received notice from the Securities and Exchange Commission (the “SEC”) that the Company is not in compliance with its reporting requirements under the Securities Exchange Act (the “Act”). If the Company does not file all required reports, the Company may be subject to an administrative proceeding to revoke its registration under the Act. The notice also stated that the Company stock may be subject to a trading suspension by the SEC pursuant to the Act.

At this time, the Company does not have the resources to file all required reports to bring the Company into compliance, and to continue filing the required reports to maintain compliance.

It's maddening. I bought two Oct 21 115c at .90 yesterday. Stock is up $1.33 at the moment and my options are .11/.17 .......what the f?

So MON being acquired for $128/share and stock is trading at $106 ? What am I missing here?

LNKD absolutely destroys EPS estimates and also beats on revs, but barely any movement. I'm guessing no one really cares due to MSFT acquisition?

So I bought some KMI July 29 20p for .08 just before close yesterday. Stock drops AH and is now down almost 5% on the day. Why aren't the premiums spiking on these contracts?

Hey jb, have you heard any renewed chatter regarding SODA & PEP?

Hey jb, have you heard any renewed chatter regarding SODA & PEP?

Possibly. Have been eyeing YHOO recently. Maybe time is nearing.

Massive volume today on YHOO Aug 39 calls. Hmmm.

Thank you Vish. Very sound advice.

That is true. I have come to options from the penny market. Learned through a ton of trial and error to take profits when you can. I've tried to apply that same rule to options trading, though I'm learing that options are a much different animal.

Thank you sir!

Oh, and did anyone catch HOG today? Where in the F did that come from?

Congrats to all the TSLA call holders here today. Amazing run over the past few days. I bought 2 207.50 July 08 calls @ .97 on Monday and sold them both @ 2.52 on Monday. D'oh. A nice play for sure, but if only I'd held a few more days. Anyone have any advice on managing winners for this newbie?

Looks like a bloodbath tomorrow. Thinking of picking up some S&P calls for when it inevitably heads back up and I'm new to index options. Do you guys normally buy $SPX or the SPY ETF?

Dang dude, congrats! Nice trade!

Wow. Thanks a ton for this write up Nolerman. Speaking as someone who has resolved to improve his very basic TA skills, this post is greatly appreciated.

Thanks JB. I'm relatively new to options and have been lurking on this board for a little while now trying to learn from you and all of the other experienced traders here. Thanks for all of the great info and insights you guys provide.

Wow. FFIV went nutso last 15 min. Anyone lucky enough to catch it on the way up? I had a few orders in but just ran too fast to fill.

Out WYNN 105 weekly calls @ .24 from .08 Could've had 30s if I had waited like 15 seconds, but I'll take it.

Very new to options as well and bought some of the WYNN 105s for .08
GLTU!

FTPM abnormally high volume today

Well, that was fun. Thanks to the promo people for allowing me to finally get out of this POS with a small profit. Sorry for those who bought at the top today.

Well, that was fun. Thanks to the promo people for allowing me to finally get out of this POS with a small profit. Sorry for those who bought at the top today.

Grabbed some MSFT Feb5 56c @.30 this afternoon. AH was looking spectacular there for a bit. Still up though. Hope this momentum carries into tomorrow.

What riskychick said. You can buy ARCSD freely at any time. Any shares that were held past market close on the 16th are not available for trading until the new shares are distributed to the brokerage cos. I've been in a few of these before. Usually it takes a few days to sort it all out. In the meantime, we've seen some nice upward movement. Hopefully this trend continues in the meantime while we are all waiting.

Thoughts on how this trades tomorrow?

Look, I've been trading pennies for years, and typically all the fluff you hear is bull$*&^. Reverse merger? Dubai investors? Who f*&^%$# knows. What I do know is that CY*NK went from .001 to $21 with Fromm's association. If he's on SIRG now, he's got my attention. What's a few hundred $ it this thing can run huge? GLTA.

Bought another 400K @ .0009 here today. Holding a total of 1M at an avg of .001

I plan on selling half after this is well beyond .50 and holding the other 500K until this reaches the stratosphere. If Fromm took one stock from .001 to $21, I will gladly hold 500K free shares to see where this one may end up. GLTA.

Congrats to anyone who picked up those cheapies. Wow.

Bear raid anyone? We all know what that means. Big news must be on the way.

This isn't some IHUB play. FINRA has dropped the Q. They are a regulatory body. This is big. I was skeptical myself, but as soon as it hit their daily list on Friday, that was all the proof I needed.

The commons survive in this case. It's rare, but that is why this is such a rare and profitable situation. I just checked my Schwab acct, all of my shares are intact and listed under SIRG.

LOL, okay man. Have fun. Don't say you weren't warned.