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So, I have day traded off and on

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lilbirdythang   Thursday, 12/27/18 11:40:55 PM
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So, I have day traded off and on for the past 15 years, I am not always in the market. I look for certain criteria in a stock. I have rules for Penny stocks and if your company doesn't fit all of my rules, I don't buy stock in the company.
Non-traditional rules I follow:
1. Do “strange” trades occur on the subject stock? In the case of BDGR, a) why do broker only trades keep happening, these trades either cause the stock to close for the day at a level that day traders can’t participate or stay printed long after new shares are bought and not printed, leaving the $.000001 printed? b) Why does the number of shares on the ask seem to be un-ending? In the subject stock, no day trader is making money at $.0001, so who is offering to sell their shares at a total loss when the news is coming out, albeit painstakingly slow? I could understand if the shares were a limited amount. My conclusion for this first rule on BDGR is that the only persons benefitting from these unusual or strange trades would be brokers. Which means that if the company is real and starts producing revenues these brokers will naturally be some of the primary market makers for us.
2. Is there an overwhelming amount of “disgruntled” supposed shareholders? These supposed shareholders ragging on the stock via stock boards, social media and any other platform they can. When an opportunity presents itself for the stock to actually perform and possibly increase shareholder value, a sudden onslaught of nay-sayers begin pouring out useless information. This tells me, someone or some group doesn’t want the stock to increase in value. Conclusion: This means, I am interested in this stock. BDGR has its share of non-sensical pontification.
3. When a company shows no information available. I have used Buyins.net and shortsqueeze.com to get some basic corporate information I can’t find elsewhere. When you go to these sites and they say “no information is available”, this means to me that some information should be available and the lack of information means powers that be, may not want you to know the truth. Conclusion: This may not be of real importance with BDGR. The public information on BDGR is so poor, it wouldn’t surprise me if in this case, these companies couldn’t find true information about BDGR for their sites.
These are just a few of my rules for trading. I’ll provide more of them later, but I will promote the usual disclaimer that everyone should use your own thought processes and due diligence. Ask yourself, why is the trading of this stock so strange, why is it taking FINRA so darn long to perform such simple tasks, (I mean, I know they’re government employees… ??)
I would like to start an intelligent conversation about the "HitMe App Overview", if anyone else would like to go through it with me.
I once retired on a penny stock, and then the owner decided he would fight the SEC, and we all lost, due to his arrogance. I have done well on a few other, but I think this stock is going to be positive over the next 12 months and beyond.


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