Saturday, May 10, 2014 4:37:01 PM
Patience is not a common virtue in Pennyland. But then neither is winning.
Know what you own and be part of the 10% that make real money in the otc. The big guys shake the money out of the little guys with moves like we saw on Friday.
I am hanging in here. I flipped down a little (33% of my position) on Friday which brought my average down 5 ticks. I am happier now than I was early in the week!
It is still coming. Puget should have the license any day and the financing is probably already done.
Look at many of the stocks that took off had a big dip right before takeoff because big money pulled a move like this. They do this for position purposes and to let their teams in which provide leverage. If you have the opportunity to buy in big and shake tons out for your group to hold it makes for a bigger faster run. Look at TT*Z and IC&U and F!TX and M!NE. Big dip then...well you look it up.
I am still looking for the volume to spike and sustain. Just wondering if News is first or big vol starts without it first. Friday volume killed Thursday.
IMO chart could be a good signal if news follows quickly. PMCM can still top a penny in a day or two with the right news.
These are just my thoughts. They are free and you get what you pay for!
GL/GB
Know what you own and be part of the 10% that make real money in the otc. The big guys shake the money out of the little guys with moves like we saw on Friday.
I am hanging in here. I flipped down a little (33% of my position) on Friday which brought my average down 5 ticks. I am happier now than I was early in the week!
It is still coming. Puget should have the license any day and the financing is probably already done.
Look at many of the stocks that took off had a big dip right before takeoff because big money pulled a move like this. They do this for position purposes and to let their teams in which provide leverage. If you have the opportunity to buy in big and shake tons out for your group to hold it makes for a bigger faster run. Look at TT*Z and IC&U and F!TX and M!NE. Big dip then...well you look it up.
I am still looking for the volume to spike and sustain. Just wondering if News is first or big vol starts without it first. Friday volume killed Thursday.
IMO chart could be a good signal if news follows quickly. PMCM can still top a penny in a day or two with the right news.
These are just my thoughts. They are free and you get what you pay for!
GL/GB
What I say is My opinion. You should do your own DD to determine where you invest your money.
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