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Any thoughts on WLDI? I am thinking a little further to go and it becomes a decetn buying opportunity.
ICMH spread starting to tighten. Might be good for a pop soon. I wouldn't expect too much more than a 50%er there, but still could be quick.
FYI, keep a close eye on IBCS. The 10K is due out and day now and I do not expect it to be very strong. Should bring out the MM's to shake some shares loose and leave a very good entry price.
Most of what the company has acclomplished has happened in Q1 and more good news should be coming soon. If IBCS falls under .02, it will be a very good profit potential IMO. All my shares are LT there, but if it falls, I will be picking up 1-200K shares just to trade on the bounce.
Well, I was suprised to see I had a nice gain on VNTB this AM. Don't have the time to watch it closely, so I sold for the gain this AM. Bought some of that a few weeks ago at .009, then averaged down a bit when it retraced. Ended up being the right choice for once!
Anyone still in JRVR? I left myself with a small postion there in case it decides to run more.
Hope all is well with everbody. Just as things at work looked like I was going to be able to play more in the pennies, all heck broke loose and I am busy again. Hope to have another breather soon to play more!
Marie, w/o news I guess we may see a bit of a drop off, but I still think a good portion of the volume over the past week came from somewhere other than your average penny investors.
Well, now they popped it below .06! Now we will see if shares are going to flow.
Keep an eye on ICMH all. Looks like a pump is starting again. I am holding a bit from .006 that I will most definitely sell this time it is pumped up, because last time, the CEO killed us with dilution which ate up the momentum and stopped it at .012.(I know, I should have sold then, but by the time I heard about the dilution, it was too late to get my decent profit and I knew another run would come) Still only about 130,000,000 o/s and clearly will be able to be pumped up again.
lg, do you really think that people are so desperate to take profits that they would drop all the way down to .061 to sell so early in the day? I think it may be a little of both. Either way, we will see as the day progresses.
Marie, I do not understand how these shakes are getting any shares at all. The MM's aren't even trying to fool anybody. I think they are just sucker hunting! By dropping the price so fast on so little selling volume, it is very easy to tell that they are just fishing for shares. I am actually surprised that they have not tried to dip it beliow .06 yet.
Whole lot of shaking goin on again, yet not many shares have been fished away!
Morning all!
Like I said, they are basically gimmick softwarre sytems, like barchart.com, but still had never seen anything like that before. To my somewhat novice charting mind, the JRVR charts are still looking like they are all reved up, I just like looking to see if these sites concur with my opinion.
truth, what is your take on this. I know it is gimmick software, but once again tradertek appears to be forecasting a gap up with prices remaining above today's close! I will look at these from time to time and yesterday was the first time I had ever seen the chart look like it did. Sure enough it happened again. I must have looked at hundereds of stocks over the years with this and honestly had never seen this before last night!
http://www.tradetrek.com/Misc/stockwatch.asp?symbol=jrvr&radAction=forecast&stockCountry=us
marie, I was in CLRT when it was behaving somewhat similar, but that one was fueled more by a concerted pump. It is quite amazing that the run is going on a week now and I still see no pump going on. Very exciting IMO.
On the flipside, no offnese to those in CMKX, but just about every goofball in the world with a computer has been pumping that thing all day and it still closed w/o a bid and probably still has more shares O/S than stars in the universe!
that's cool! I have to admit, I did not agree with you when you first started stating .12-.20. Deep down inside, I though JRVR would make a play at .05, since I was assuming that there was some basis to that # in the Multitrade news.
truth, I am getting more and more of a feeling that if this breaks .10, it is not going to stop at .20.
penny, I am not really watching CMKX that closely. IMO, it is a scam of epic proportions. I really do hate to see some getting suckered in by some of the professional manipulators. Race Car + hints of a Kimberlite formation(what is that anyway?) + 500,000,000,000 shares equals huge R/S and probably still .0001.
don, JRVR is showing good strength again today. I would look for a strong close once again.
I know I am slow, but I really do not understand how CMKX and its 500,000,000,000 shares can actually be upticking to .0002!
truth, I agree with you. For the most part, a lot of the trading is coming out of left field. I hate to start rumors on specualtion and hope noone takes this to mean anything other than pure specualtion, but is it possible that ADP may be taking an interest in this stock? Afterall, Kahn was a top exec there.
Anyway, I do believe that many gap players got in late friday and that is where the selling came from after this AM's run up. Now that it appears done, we will challenge .07?
Lol stockgrl! I have a couple of stocks like that myself, not to mention my very valuable (:>) Corbel Holdings stock I got from PCBM!
rlang, JRVR was on an uptrend all week last week and ended Friday very strong. It appears that this one still has some way to go.
This thing could explode on Monday! I am used to the day traders bailing on Friday afternoons. Did not look like that happended today.
lg, if this momentum keeps up, you may very well be seeing that by Monday.
This is nice. Every time I walk away from my computer, JRVR goes up another .002-.003!
I would like to see and after lunch move past .044.
Marie, looks like we have slight support at .04 and strong support at the 200DMA of .036. Now, lets see where our resitance is at. Probably .044-.045.
Missy, my first quarter this year almost has me assured of a bonus already! Over the first couple of months, I have never worked harder and needed a bit of a breather. Just slowing down a little for a month or so, then will dig back in at work. For now, making a few calls and playing a bit in the market.
Hope your cold is gettting better!
Hey missy, I hadn't seen you in a couple of days. Thought you might be on vacation.
truth, if you do indeed get your .12-.20, you may very well get even more than you expected after that!
This is starting to remind me of the OLd CLRT run. The only thing that stopped that one was one wicked CD deal!
marie, maybe it is true, but more than likely that is rumor is coming from the fact that the mo players have noticed us now and loaded up.
Free, there was no big pump. Look at the RB and IHUB boards and tell me where you see the big pump. Even with our reent volume, JRVR has been mostly an afterthought on the pump boards.
Truth, some people are predators on these boards. I have a gut feeling that free and cobra were hoping for some panic selling, so they could get some cheap shares. Doesn't look like it is going to happen though. Ask just went from .034 to .036 pretty darn fast!
Here is a good question, has anybody ever seen the tradertek 5 day forecast where there are no yellow lines for the price to stay between? This is a first for me. I checked a couple other issues to make sure it was not a software glitch and both had their yellow lines! Any guesses to what that means?http://www.tradetrek.com/NN/default.asp?symbol=JRVR
Rue, that is a very nice car, but at the current prices of CMKX, just how many shares do you think it took to sponsor that car? Not cheap you know. Hopefully they get some bang for those shares.
LMFAO!!!!!!!!! This is like the old Tootsie Pop commercials! So, how many billions of shares did it take CMKX to pull this one off? I wonder if their faithful longs are still insisting on massive shorting now?
http://www.nhra.com/2004/news/march/032301.html
penny, what is your take on the rules. If I understand them correctly, the MM's will still be able to short to their heart's content, but may be in a little more danger of being investigated. Where the rules may actually help would be stopping some of these offshore bozo's from shorting the pennies like they have been.
IMO, most stocks will see little or no change.