Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You borrow the shares from your broker and sell them into the market. You hope they go down so you can buy to cover the same amount of shares. Those shares automatically go back to your broker. You pocket the difference between the two trades, win or lose.
I know how the fear factor works, been trading many years and I still lose on some trades. I found that money comes when you can trade with confidence. You gain confidence through experience. That said, if you learn to read charts, that is the biggest help. Then you look at the fundamentals and if the company looks good and good news is pending, the stock usually responds positively. This one will.
What we have here is a very volatile stock. Stocks have their own personalities. But, you can see what's happening on the chart. Up and down is what we will get. If people let fear conquer, they will lose all their money. Again, know what you own and expect the dips and rebounds. That's what this is all about.
It would be nice to see a rebound tomorrow. But if not, it's really not a big deal. Looking at the chart, looking at pending news and beverage companies in general, this stock will be huge.
I can really smell the fear on this board today. Fear is a self defeating entity. The markets and traders with experience feed on that sort of thing. People must over come that fear before consistent profits will come. KNOW WHAT YOU OWN!
It hasn't played out yet. I think the M&M's must cover naked shorts from yesterday and before. When it all shakes out, this will be a lot higher and sellers will be saying...IF ONLY I'D HELD!
I know this because I've been there. Believe the chart, not daily swings and volitility. The market is designed to take your money until you gain enough incite to see clearly and emotionless.
Look at the chart below. What pattern has developed? Since .003, every nice up day has been followed by a lower volume down day. This is a healthy chart. It is going up about as fast as it can and not be parabolic. Today is a normal pullback for this stock. Just hang in there and it will churn today and burn another day. Right now it is building strength for another shot at a penny. Will it break and hold? Hard to say, but when it does break it, it will probably come back and retest again, just like today. I'd say our low is in for the day. .0078 is .001 higher than the last down day we had. So, we've got higher lows and higher highs. I'd say all we have to do is sit and watch as this moves higher and don't sweat the volitility that is built into this money maker. It's all good.
As of 15 minutes ago, up volume at the ask is about 3 million more than down volume. Perhaps this afternoon we see progress. M&M's probably need to cover some naked shorts before they let it run.
No matter what it does today though, the chart is primed and this will be a lot higher in a few days IMO.
http://ih.advfn.com/p.php?pid=trades&symbol=TEMN
They don't have to, but they do. I am a chartist and I follow such things. I make good money trading and selling into gaps. Then when it comes back, I rebuy. Look at what this stock does, it moves around 20% or more a day. It went from .0092 back to .0068 Friday I think. Look at what it did today. If it gaps over a penny, I guarantee it will come back and go red. No gaps please....
LOL, you know what I mean. Gaps get filled and that causes even more selling. I like gaps for a trade, but I am not flipping this. I hate losing shares. This stock is highly volatile and invites flips. But, one of these times as people start flipping at what they think is a top, it will turn and run and every one will be a sorry ass chaser. I won't be one of those chasers.
Gaps are bad. They always come back and cause even more selling. If this opens at a penny, it will be sold into hard. No gaps please!
What's great is the financing is based on the business fundamentals. There are no shares involved. No convertible debt no issuance of future shares none of that crap. That tells me this company is going places. No one, no finance company puts 5 million on the line lightly.
People are talking 5 cents here. 5 cents seems to be the number that always comes up as a sub penny breaks copper. I think 5 cents is only a beginning. Watch and see. This will be a game changer for smart holders that can see through the fog, so-to-speak.
Chill has been lifted. Come on, do some DD so you get it right. There's no room for misstated or false info on this board right in the beginning of a run. AMTD will not allow any stock purchase on chill. I bought through them.
I think .05 is just a near-term target. With the new financing deal in place, cash on hand for general day to day business functions, product on the shelves with more product and news coming, you are looking at a spike to .15 and then settling around a dime. That only gives you a 107 million dollar market cap. That's not a lot for a functioning alcohol beverage company, IMO.
livinginstyle Monday, 04/07/14 07:06:42 AM
Re: None
Post # of 216
Watch this one. Recent breakout on high volume. Once it breaks above and closes above a penny it will run hard. It has been consolidating in the .007/.008's last few days and holding support nicely.
This is a newer liquor beverage company that is looking good and has product on shelves and no debt. Authorized shares were reduced from 5 bil to 2 bil with just over a bil outstanding. A new ticker due any time now to reflect recent name change to Top Shelf Brands. Expecting big move on that news alone.
http://www.otcmarkets.com/stock/TEMN/quote
[chart]http://stockcharts.com/c-sc/sc?s=TEMN&p=D&yr=0&mn=5&dy=0&i=t41869965127&r=1396869613969[chart/]
Watch this one. Recent breakout on high volume. Once it breaks above and closes above a penny it will run hard. It has been consolidating in the .007/.008's last few days and holding support nicely.
This is a newer liquor beverage company that is looking good and has product on shelves and no debt. Authorized shares were reduced from 5 bil to 2 bil with just over a bil outstanding. A new ticker due any time now to reflect recent name change to Top Shelf Brands. Expecting big move on that news alone.
http://www.otcmarkets.com/stock/TEMN/quote
Hence no audit no pay, and you keep thinking every year this is the year.
Hello Mick, you have been talking about the phantom audit for a long time and with darn good reason. That is why I dumped this garbage. I smell something very foul here, but it's just out of reach and sight. I don't wish people bad luck nor do I wanna see anyone lose money. I hate losing money so I know what that's all about. This stock is not worth anywhere near where it's trading after the A/S increase and the inconsistency of Eric's spiel. I really hope people holding realize that before this see's trips again.
That said, how can anyone be sucked into this phantom audit charade for this long? Well, I hope I am wrong and the audit does come, but I highly doubt it. Luck to you Mick.
No naked shorts? I was personal friends with a man that worked for NITE for 18 years in one of their trading rooms. This is how it works.
When a stock like TEMN starts running up like it did, the M&M's are deemed responsible for filling and maintaining an orderly market per SEC rules. As buying pressure increases, there are not enough sellers to supply buying demand. M&M's do oftentimes carry inventory shares on active high float stocks that trade daily. But, if that inventory runs out, or if there was no inventory to sell, then where do you think those shares will come from? No sellers, no inventory, how do the M&M's fill your long share orders. They naked short, period. They are allowed to do so per SEC rules to maintain an orderly market. They create shares out of thin air.
As the stock moves up and they continue to short to fill orders, their average rises so they do not have to take the stock down as far later in order to cover those naked short shares. I got this and other amazing info from this guy and I know for a fact he was telling me the truth. He told me stories on how NITE got caught net short on many of occasions and really had to work at getting flat, but that's another story.
The site otcshortreport.com is the only site that tracks naked shorts. Just in case, a naked short is an unborrowed share.
I'm loaded to the max here or I'd be slapping that very thin ask. It doesn't look like it will take much volume to start moving this up. You guys planning on adding should think about doing that exact thing about now.
You sellers at the bid are making a bad decision, you're gonna regret it big time.
I agree with the no short interest site. Those sites track short interest as you and I would sell short. But, I do think the M&M's are naked shorting trying to balance their books on the run this stock had. They are way net short because there were no sellers on the way up. They now have to keep the price down in order to cover and balance their books. There's one site that tracks naked short interest. Below is the link. Yesterday there were over 9 million naked short shares. The stock is being manipulated for now. But once they are 0 net short, they will let it run. This will revisit its recent high volume high. Technicals spell that out.
http://otcshortreport.com/index.php?index=temn&action=view#.Uz6ecfldUtE
M&M's are naked shorting this stock. They are filling ask hits at the bid. I know this because I read it on this board and it happened to me twice also. I think what is happening is the M&M's got caught with their pants down when this thing started running from .002.
When hard up volume comes into a basing or quiet stock, M&M's cannot find enough sellers to satisfy demand. If they themselves do not have long share inventories, then in order to fill long side demand,
they must create shares out of thin air. This practice is completely legal for a M&M. That said, they must then figure out how to replace or cover those shares at a later date. So, they can and do some times naked short some more causing sellers or weak hands to join the selling causing longs to remove their bid support. This causes drops like we had today on much lighter volume than the heavier volume that pushed the stock higher earlier in the day.
Because of this manipulation, M&M's can now cover their naked short positions before the stock starts moving up on higher volume again. SEC rules mandate they cover naked short positions. We also know the stock is being flipped a lot adding to the volatility. Eventually, this stock will move up, it has a beautiful chart.
Have you seen pictures of that scam alcohol product selling for
$29.99 a bottle? Scam products and scam company, right? I bet there are many people getting scammed on that exact $29.99 bottle of booze tonight, ha?
If anyone still has that picture of that bottle on the store shelf, please post said scam booze photo again.
TIA
Looking at a 5 minute chart, this drop is on much lighter volume than the push through 8's. That usually means the high will be retested soon. Maybe today, maybe not. But it will push through the 8's and beyond. Obviously, this is a very volatile stock. Don't let them steal your shares.
If you think there is a TOS violation, just go to the bottom right side of the page you are reading and click report a TOS violation. Admin will then review the post for violations and delete if necessary. It works every time.
I'm sure nothing is managements fault around here. They are the greatest ever. I hope everyone is still enjoying the extremely cheap shares available to us all.
That said, patients will certainly pay off here. Just be patient as these cheap shares will eventually trade to the extent of their true full worth, some where in the trip 0's.
Perhaps it's because you can't seem to take the hint.
LOL, wanna come work for me? I'll make you my shop supervisor..
The "best stock on the face of the Earth" still im 0.01s?
Still no audit? And same old liars in company office?
What else is new?
Turbo, you hit the nail dead center. There are so many red flags and unanswered questions flying here it's just outlandish and bizarre. There is no verification of anything this company has stated.
It should only take a few months to complete an audit on a company like HHSE to start. Perhaps a little longer if there's a complete mess. But, is there a complete financial mess here? Perhaps, but not a couple years or more worth of delays. IN MY OPINION, THERE IS AN OBVIOUS PLOY TO DEFRAUD SHARE HOLDERS GOING ON AT THIS COMPANY!. IMO, the game plan here was to and still is to artificially pump the share price slowly diluting holders over time avoiding setting off alarms. I've posted several links on this board showing HHSE board filings proving bills are being paid by share holders. Now the increase in A/S to 700 million? Doesn't that move finally prove beyond any doubt what-so-ever the bottom line truth about this company's intentions?
When the stock was in the .00"s, that wouldn't pay bills or put money in managements pockets very well. So, they started by reducing authorized shares to fool share holders. Then they made promises of audits and bright future prospects of increasing revenue to massive levels. Before last Q, they projected/guided far higher numbers than they issued. How can that happen when the Q was already more than half over with? They already knew most of what was already realized in revenue and profits yet they lied out their cans.
I was one of the first to post the audit would not be done by SH meeting. I caught lots of flack for that one. But, it's very clear now what the outcome was.
The market is never wrong except when share holders are being scammed. In the case of HHSE, the stocks true value is currently much lower that today's closing price of .0175. Double or even trip 0's are eventually on the way again unless the company can prove its worth. I don't see that happening.
Since when is there a time limit to short or naked short? You are the one confused.
You said they borrow shares of a company to sell short. That is absolutely wrong. Naked short selling is when someone like a market maker creates shares out of thin air in order to satisfy demand because there are not enough sellers to supply buyers. Naked shorting involves selling non borrowed shares. Market makers must rebuy those shares eventually. They do not get added to any float.
I know how the market works. I've been in it since early 80's. Again, anything short or on a short list will have to be covered eventually and that will fuel the upward fire. Mark this post and please, do not try explaining any more about how anything in the market works. I'm well versed.
Thanks, no offense intended.
I missed that, thanks. Perhaps that's a contributing factor as to why the share price has been weak.
Thanks for the warning, but what is already short can't hurt and will eventually help when they do start covering. Looks like we have strong support at present share price. Shorts will help lift this off once they realize they cannot push it down any further.
Nickel is the best mtl. to own right now. It's going up.
http://www.wallstreetdaily.com/2014/03/27/nickel/
don't u think most of these plays go dollar plus land for most of the legit plays
I'm no expert nor do I have the incite to really answer that question. I'm more of a technician that only does serious individual DD on stocks like this that I technically like and want to add on pullbacks. This stock meets my criteria for that. I am a trader and mostly trade big board stocks. Lately I've been short NFLX stock and bought a bunch of puts. I play daily swings on many stocks when time allows. I own a business with 13 employees I over-see daily. I trade when I can. Other than that, I'm pretty much a dumb ass.
Have fun on your beach, I am jealous.
I don't know about getting rich, that kind of stuff is generally for dreamers. That said, when this beauty finally starts running, it's gonna break a lot of sellers hearts.
Please, all you sellers of this stock out there, do not give me the satisfaction of rubbing salt into your wounds when this ticker is running over a buck. Just don't do it, you'll hate yourself for sure!!
GRNH will prevail, and so will the stock.
It's incredible how tight this is trading. That has technical merit. Stocks like to move around even during consolidation periods. This stock is trading in an unusually tight range. Someone is trying to knock this down. Perhaps it's being shorted, but short interest is falling which is a good thing, see link.
Anyway, the lower trend line has come together with the 50 day. That combination has shown strong support. Will it continue to support the stock is only a guess but every time it is hit it gets stronger.
There's a general rule that technicians adhere to and that is this; if they can't get a stock up, they will take it down. Conversely, and as in this case, if they cannot get this stock down, they will take it up. The tighter this trades the shorter the pattern will be. I know it's boring but it's building strength like a volcano reading to erupt. The right news or the like will send this running. Hang in there longs, it's technically primed. Something or someone just needs to push the starter button.
http://www.otcmarkets.com/stock/GRNH/short-sales
Pink sheets says HHSE is still at 600K authorized. Anyone know the new A/S base going forward?
http://www.otcmarkets.com/stock/HHSE/company-info
That gap at .18 cents has been satisfied. That was a breakaway gap, there are a couple lower too that happened on extremely high volume days before the .18 cent one. More often than not, breakaway gaps are either never filled or filled many years later. Besides, if you look at the chart, you will see the stock retraced to .20 cents essentially filling the top of the gap and then reversing. That satisfies or fills it. Normal gaps usually will fill with in a month or so. This isn't a normal gap.
The chart is basing now. It is resetting. Stochastics are now flat and done falling. RSI is mid zone where it likes to take off from on this stock. The stock likes to dip just below the middle Bollinger support band and then start a move up from there to the upper band like it has done several times before and is close now. Don't forget the strong support this stock has garnered at the .48 cent 50 day. Every time it bounces off .48 cents that support gets stronger. The longer this stock bases the harder it will blow. It is on the way to retesting the $1.20 high. Price driven by extremely high volume will always be retested. The $1.20 high was on record volume. You should get long while you have a nice entrance price. You would look and sound a whole lot smarter.
http://stockcharts.com/h-sc/ui?s=GRNH&p=D&yr=0&mn=5&dy=0&id=p97542716576
Wow, you really callem like you see em. Couldn't agree more.
HHSE = 10+ cents in the short term, 25+ cents THIS year, and $1.00+ in 2015...
Define short-term. Seems to me short-term should have run its course by now.
enjoy the 501 cheap shares...
Oh yes, please enjoy the glory of all those cheap shares. Please continue to enjoy them for years to come!!
:o)
I'm still here lurking around. I bought some more today, at the absolute high of the day. LOL, I hate when that happens. Looked like momo was starting to collect so I bought. Oh well, that ain't the first no will it be the last time that happens. Those shares and others I will add will look great at a later date.
Up again tomorrow and a close above today's high.