Premier Biomedical Inc (BIEI)

[crookedneck]

Just as I predicted yesterday as the pps retraces to $.025 this am & filled a buy order I had in @ $.025. Now this needs to hold or we could end up dropping to that $.018 mark. Where are all those PR's that somebody said were coming this week? Cheers!

crookedneck Tuesday, 01/05/16 01:16:07 PM
Re: ALL-IN888 post# 10133
Post #
10169
of 10363 Go
Next support is at $.025 area and if that doesn't hold, then your guess to buy @ $.0185 - $.019 could happen, but what if news comes out before that happens? Which is why I buy in chunks along the way. It is hard to predict how these otc stocks will trade, since news is the biggest driver. I got in with a starter position yesterday and will add another chunk if it drops to $.025 area and yet another if falls to $.0157 before news comes out. So many who trade down here are lemmings, following the crowd without knowing what is really going on. The MM's understand this and use it to their advantage day in and day out. If news does hit this week as some think it will, it is better to have some skin in the game instead of none at all.

Folks are putting too much emphasis on the increased A/S, when the O/S is what they should be more concerned about. The A/S doesn't mean Jacksh*t in this situation, but the lemmings are paying attention to only the dip in share price caused by those who started selling because of someone screaming "The sky is falling", who doesn't have a clue as to what any of this really means. Thus the lemmings end up getting slaughtered, along with chicken little's who started this over something they are clueless about.

You can't predict if this kind of stuff is going to happen, but you sure can take advantage of it when it does. That is what the smart traders do. I have a buy order in @ $.025 in case more lemmings show up this afternoon. If no news comes this week, well we could see it hit your prediction. Cheers!