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Wednesday, March 27, 2013 9:02:16 PM
Whoa Big Yank! It looks like you momentarily had me mixed up with someone that might be smart with a MBA in business. lol! 
I'm a penny stock trader so all of those big board computations down here, it's like you are speaking Swahili to me. I could never play big board just like you'll never find a big board trader down here. Big board is slow & steady, low risk and intellectual and this is cowabunga baby, 90foot surf is up or those that like rock climbing, wrestling alligators or surfing Big Hawaiian waves. Calculator isn't required but a keen sense of logic, reasoning, street smarts, that's fast thinking, fast acting and an understanding of contract law with nerves of steel are.
My job consists of finding companies I think will either move up very quickly or down very quickly. Once I spot a likely candidate I have literally seconds to read as many filings as possible, check share structure, business reputation and then piece it all together with logic if I think it's going up. That's as far as I calculate because my trade is based & focuses on momentum. Once I see gravity starting to grab a hold, I bail.
The reason ROHI caught my interest is because once it hit my scanning array I saw it was different. I like different.
I could see wasn't too far off from a 52W low with dollars not to far in the past, and $.50 literally days ago.. Then I checked share structure, which was a go. Read filings filled with insider buys, that all looked good but when I saw their CPA that tipped me because Deloittle is big and expensive. When I see stuff like that which doesn't match a penny stock, that catches my interest even more.
So I threw a few hundred at it figuring at .20 it has a much better chance of reaching .50 than .0. Then once I was enlightened to the $68M contract and the $280M in debt settled that's all in needed to see with firm conviction this has a 85% chance of hitting a $1 and about a 5% chance, if that, of going under $.10 so I stepped up a little more.
What the company or ticker does after hitting what I think is the high, is beyond my talents. I'll be jumping off then & trying to catch the next roller coaster ride by then. I need the rush. I need the excitement of figuring out crazy puzzles like this. I love reading between lines & seeing through bullcrap, kooliad drinkers and fluff. Crunching numbers gives me a headache. Watching a big board ticker have a stellar day by moving up 1.3% is like watching mold grow on bread, or trying to figure out what the pps is going to do based on math is torture to me. I cut math class to go surfing then, so I'm sure the heck am not going to do it now.
At this point my trader knowledge can be useful in pointing out which market markers are here, what their personalities are like and can pretty much tell you how a day might go based by what I see 10 minutes after the opening bell. If its going to run or tank, ill most likely see signs beforehand & will let you all know. Once this ticker goes back where it belongs on the Big Board, I'm a little boy in a big boy's world & all of my knowledge & talents are worthless so if I'm still here I'll be asking you what time it is!
.
I'm a penny stock trader so all of those big board computations down here, it's like you are speaking Swahili to me. I could never play big board just like you'll never find a big board trader down here. Big board is slow & steady, low risk and intellectual and this is cowabunga baby, 90foot surf is up or those that like rock climbing, wrestling alligators or surfing Big Hawaiian waves. Calculator isn't required but a keen sense of logic, reasoning, street smarts, that's fast thinking, fast acting and an understanding of contract law with nerves of steel are. My job consists of finding companies I think will either move up very quickly or down very quickly. Once I spot a likely candidate I have literally seconds to read as many filings as possible, check share structure, business reputation and then piece it all together with logic if I think it's going up. That's as far as I calculate because my trade is based & focuses on momentum. Once I see gravity starting to grab a hold, I bail.
The reason ROHI caught my interest is because once it hit my scanning array I saw it was different. I like different.
I could see wasn't too far off from a 52W low with dollars not to far in the past, and $.50 literally days ago.. Then I checked share structure, which was a go. Read filings filled with insider buys, that all looked good but when I saw their CPA that tipped me because Deloittle is big and expensive. When I see stuff like that which doesn't match a penny stock, that catches my interest even more. So I threw a few hundred at it figuring at .20 it has a much better chance of reaching .50 than .0. Then once I was enlightened to the $68M contract and the $280M in debt settled that's all in needed to see with firm conviction this has a 85% chance of hitting a $1 and about a 5% chance, if that, of going under $.10 so I stepped up a little more.
What the company or ticker does after hitting what I think is the high, is beyond my talents. I'll be jumping off then & trying to catch the next roller coaster ride by then. I need the rush. I need the excitement of figuring out crazy puzzles like this. I love reading between lines & seeing through bullcrap, kooliad drinkers and fluff. Crunching numbers gives me a headache. Watching a big board ticker have a stellar day by moving up 1.3% is like watching mold grow on bread, or trying to figure out what the pps is going to do based on math is torture to me. I cut math class to go surfing then, so I'm sure the heck am not going to do it now.
At this point my trader knowledge can be useful in pointing out which market markers are here, what their personalities are like and can pretty much tell you how a day might go based by what I see 10 minutes after the opening bell. If its going to run or tank, ill most likely see signs beforehand & will let you all know. Once this ticker goes back where it belongs on the Big Board, I'm a little boy in a big boy's world & all of my knowledge & talents are worthless so if I'm still here I'll be asking you what time it is!
.
“You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.”
Harlan Ellison
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