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Parabolic curve on the chart. Load up folks :)
Bread and butter
Technicals are screaming a bounce up right now. Need buying pressure lets go!
BUY BUY BUY. Technicals started going up from the oversold area.
Need buying pressure
Finding the floor at this level. Wait for the bounce
After all this, anything can happen tomorrow, this could continue to tank. Its unpredictable. So be careful.
But.
Technicals are coming out of the oversold, so most likely a nice steady run up in the morning. We shall see. Gn
Bid is what you can sell it for, ask is what you can buy it for.
Those are set by the MMs. And it changes based on when they say it does :) in the OTC market. They can stretch any price they want. Even if millions get bought at Ask price, the stock can not move unless the MMs move it up. (They manipulate it by setting the Ask Volume and Bid Volume) it shows how much of each one is left. So if ask volume is 200,000,000 at $.003, then it means 200,000,000 need to be bought at that price in order for price to budge one tick up, then then next Ask price becomes $0031. And they set a certain volume on that price for next uptick.
Reply to your Pm:
Overbought means more buys then sells. The pressure is much more from the top
Think of it this way.. if all the people from your town went to a store and started buying up all the toilet paper, the price of toilet paper would go up (if theres no price regulation laws of course), but then there would be less and less of the toilet paper and not many people would still want to pay the high price (would be overvalued) so eventually not many people would be rushing to buy it. So then the store would lower the price and keep lowering it in order for people to buy it again. People would then see that the peice is going down, so some would buy but some would wait hoping that the price would go down even lower where they are comfortable buying it again. Thats how stocks overbought/oversold works “kind of” haha
To learn to see that via technicals take practice and experience. And no i wouldn’t suggest any books. Just look up some basic chart pattern technical analysis. Theres a lot on youtube. But you need practice and experience to learn how to use them to predict price action. That takes a long time to “kind of” understand.
Always take a profit. If you havent yet, You can always sell 3/4 of your shares and let the rest of the shares ride if you have hope that it will go up. Thats a strategy that i always use.
You have to have a feel good price at which youre happy to take profit and walk away(or leave some free shares riding). Mine is usually always at anything over 70% gain. Unless its going up so fast i cant catch up to the bid price then i HOLDDD until the action slows down and the technicals are way overbought then i sell.
Its not day traders, its the MMs and PE groups who are directing the price action. Daytraders are just trying to get a piece, but they do it more intelligently then beginners because they have a better idea when to buy or sell.
Daytraders dont have an impact on stock price in OTC market where the ask volumes and bid volumes is an arbitrary number that gets set by MMs.
Long holds are nice... long term capital gains for your taxes instead of short term gain. Lucky.
I never put faith and hope in any OTC company. They would not be in OTC if they were a legitimate strong income earning company. But some climb out of the gutters, except there is very little chance in predicting that. Its all a gamble.
Just go for the ride, sell highs, buy dips and hope that it goes back up.
Ill be watching tomorrow ill try to post what i see with the technicals if u want to follow.
Same here bud. Just dont forget to take profits at some point.
Go MCET. Lets make some money
Speculation is no good. Focus on the ride.
Holding a otc stock hoping for moon ride is not a good tip from someone who claims to be experienced. You always sell at high overbought areas for a profit and then buy back in if you trust the stock at a dip, because it will always dip back. You dont keep holding all your initial investment hoping for 1000% profit. Thats how you get burned. But thats just my opinion. Hope it goes back up tomorrow. Good luck.
Cant reply to your PM sorry not paid member.
To your message...This is OTC market, everything is manipulated, its all regulated by “insiders”. We just watch and go along for the ride. It went down in price after the explosion because they wanted to fill the gap also get rid of weak hands and yet another also to load up more on the dip. Of course hype and news will dictate the moves but for a stock with no news like MCET The best thing to watch for predicting where its going is chart technicals. Its not 100% but at least it give you an idea of direction. Like today around 10-10:30am EST technicals were all overbought and started to swing down. Thats when i sold for big profit. And at the end of the day, technicals were down in the oversold gutter, thats when i bought in again with some of my profit and now with the probability that they will swing up, im hoping to profit again. Although it doesnt always work but probability is strong if you follow the technicals. But be careful it can always be a 1 or 2 or 3 day pump and dump. Those are very prominent in OTC, and leaves a lot of newbs holding worthless bags with hopes that it will keep mooning. Dont ever chase, and always sell for at least some profit when technicals are overbought.
Follow the 15 minute chart. Looks poised to rocket tomorrow.
Get your buys in as it moves, ask volume will go through like nothing.
Will steadily move up to new high tomorrow with steady buying pressure.
$WeAreTheNewMMs
Everybody put your bid price at $0.02.
And watch as this this gaps in the morning to at least $0.01.
$WeAreTheNewMMs
is it Gold and Silver or is it CBD? Whats this company’s ticket “to da moon”?
Lets just hope there will not be a R/S
Ree Ree... ??
Not true. Any OTC stock can do a R/S. Thats actually usually how these stocks get recycled.
And if youre holding prior to the R/S your shares will be destroyed and devalued and youll be left holding a bag of shaiite. So hope this doesnt do a R/S.
Showtime..3 2 1
I dont believe we will get them, nor that anybody got them. No proof. Company said it will honor after they get this transition done, may take a few weeks they said.
All ive seen with PVEC is empty promises. The only way i made money was day trading PVEC on the daily pop ups. And as this "new company" has said, they dont have to honor PVEC preferred share distribution.. soooo I dont think they will. haha what a joke.
Its been real yall. Have fun with the freefall into 000's again.
Yes i can see that they claim to distribute the rest of the certs. But this company has made a lot of claims that has not been verified or backed up.
And dont worry im not trying to a basher here, just trying to get my certs because thats the only way i will get something from being an investor in this thing.
I made a good amount trading this back in the day, then left a few million waiting when i heard about the Preferred C shares gift. So its been in my account since...and now with this new development of drones, Im trying to get my promised investment payout.
I reached out to the company, will be waiting to hear from them.
That would be great
send me a PM if you can
yea? and how do you redeem them?
I wouldnt be in here posting if i didnt have any shares of this with hopes of getting my certs worth something as promised by the company. But I have seen no proof that those certificates had been sent out or received by anybody.
When did you receive them? what month?
Yes they showed up in my Scottrade for a few days. But i received nothing by mail. Who was the mail from when you got it? from the company or from your brokerage?
How did you receive them by mail? It didnt go into your brokerage account?
Do you have any proof of that? got a quick picture of that certificate?
What REWARDS? DID YOU GET YOUR Preferred C shares back in March 2014?
I did not get mine soooo looks like a bunch of fluff to me
WHO GOT THEIR PREFERRED C's and where are they stored????
Held this POS since before the cert giveaway.. Nothing in my account.
But did you receive them? I did not receive them even though I had a wholesome position back then when the preferred C's were given out.
How do we retain them?
Anyone call their broker?
GOOD MOVEMENT.. GOING BACK UP TO 0.20 NEXT WEEK AT LEAST.
2015--THE YEAR OF THE GOLD BABY! LETS GO!
2015..THE YEAR OF THE GOLD BABAY!!
Pop tomorrow legggo
Lots of investors pouring in on these good news. Get them early before it's too late
Close 0005-0007 today. Nice to see this start rollin.
Over 001 by eow IMO
Wheres my CERTS bro? let me guess.. should i wait another month or two and i should see them there? o_O hahaha