Great Wall Builders (fka GWBU)

[dude iligence]

Garyst firstly there are several before the fact posts telling the drop to the gap was coming. See below. Second you didn't need to know that 2 million shares would be dumped. That's guaranteed throughout this play that millions and millions of shares are going to be dumped by promoters/company on the buy and hold for $3 crowd that's the design behind this play. You guys hold out long and strong for $3 even though your holding drops by 25%. At what pt is the loss too much? But for now let's cover the firstly thing, 4 days ago on 5/17

dude Thursday, May 17, 2012 1:29:14 AM
Re: novache post# 3544
Post # of 5588
novache I can't tell you how many times I've heard that over the years The charts don't work on penny stocks. What will you say if GWBU takes a big dump and the first place it goes is the bottom of the gap at around $1.09? Oh well that had nothing to do with the chart that was a coincidence. What you should say when you make post like that is

I agree with you.
Chart doesn't work for me on penny stock. emphasis on ME As a matter of fact they don't work for me on any stock


Clarify what you mean because charts do work on penny stocks if you know what your doing.

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Today was proof of that.
Tip if the gap is at $1.09 put you buy in slightly above so you get filled because when it goes up 30-40% and you sell, there won't be much difference between $1.11 and $1.09 unless you don't get filled.

Armed with the information of the gap you could have you buy order already in place.


An important post from 4 days ago

dude iligence

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Thursday, May 17, 2012 6:44:47 PM
Re: None
Post # of 35731
Playing the 6th SNPK bounce over the last two days has been more profitable than GWBU APS current pick. .07 to .11 over 50% gain and bounce looks to have more run left in it.

http://stockcharts.com/h-sc/ui?s=SNPK&p=D&yr=0&mn=2&dy=0&id=p75142277703

GBWU nice how they fat fingered the trade today to flatten out the live charts. Old trick makes it harder to see whats actually happening.
Not to be ignored, the lower high today and lower low with drastically lower volume. Last 3 day volume totals 36, 28,12 million today. Buying pressure is not strong.
2 mins after the close a 993100 share blk went thru a full dime below the close at $1.48. The best play on GWBU will be the bounces. If it manages to break above $1.65 and run it has a long hard slog to make a double bagger at $3. The chart has no support until .60-.70. can you imagine what it will look like with this at $3 without any retest of support levels first. It's what I call a chart built out of toothpicks. The air will be so lofty and thin at $3 and the bagholders will be swaying back and forth in the breeze. When the swacking comes it will drop to at least $1.09 in a matter of minutes. The bounces should be real good the first one or two could be over 100% depending on how dedicated the bagholders become. Bagholders are a traders best friend.

http://stockcharts.com/h-sc/ui?s=GWBU&p=D&yr=0&mn=2&dy=0&id=p39462316730

Or the stock will correct in the next week then it has a chance at an healthier climb

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The stock has chosen the second path. The odds of all you guys making money are better.

6 of my posts from this morning were deleted. One warned if pps dropped back below $1.4 the second time it would drop to the gap quickly. The best way to see this was on live charts. What was occurring was it was setting up for a deep V-Notch bounce. If you were armed with the knowledge first place it goes is the bottom of the gap at around $1.09 you could have made money today playing the V-notch bounce off the gap

Who could have predicted the 2 million share dump today? read below from Friday afternoon.

dude iligence

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Friday, May 18, 2012 2:23:38 PM
Re: None
Post # of 5592
Those 4 millions shares 30% of days volume that were dumped just after 1300 don't bother any you guys? It took the price down pretty hard. Another one of those could really knock this on its azz

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2million really knocked it on its azz.
I will reposts the bounces levels so anyone interested will have a better idea how to make money on this trade.

1 Gap (completed 5/21/2012 10:12EST)
2 $1 (think warm butter and you'll understand how much bounce $1 will give.
3 support .60-.70
4 50ma-.58

Those should be enough.

One more thing you guys talking about selling at $2. If a stock breaks out and starts to run you don't sell it as it is just starting to hit stride. $2 would be soon after the breakout. Think about all the Newbies on the sidelines thinking I gotta get in, I gotta get In. Wait until it is in full play and you can hear the future bagholders screaming I gotta get in, I gotta get in. Another sign is all the I-hub pumpers running around High-fiving each other. This comes right before the biggest Swackings (dump)a lot of the time. The promoters/company have one goal in mind dump as many shares as possible at as high as level as possible over the next month or so.