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Replies to #45777 on lowtrade

peteypickem

03/24/18 4:49 PM

#45781 RE: lowtrade #45777

Tried to gift u 1 and this place says they don't do it anymore..what's wrong with these people lol

la_trader

03/24/18 6:37 PM

#45785 RE: lowtrade #45777

LT- indeed! chasing runs seems to be a particularly losing proposition on OTC stocks. from sitting back and watching i see most of them die after 2-3 days.

Comparatively- On big board stocks you have ETF software, CNBC talking bubble heads and Cramer keeping the "pump" runs going in certain stocks / sectors for weeks (and sometimes months) at a time. actually most of those turn out to be much better short sell plays (e.g. Facebook \ Apple tank).

Another wonderment runner has been RXMD. Perhaps, at rare times, technicals combine with solid fundamentals to sustain a run for an OTC stock- At least to a point of 'FMV' for the stock based on present situation. I cant say that for certain, just throwing a thought out on it for conversation's sake.

RXMD I could plausibly see the extended run based on reported net revenue and paid off debt, to say .10-.12 level as "FMV". At present level, SP is too high now. IMO.

FUSZ, I don't see what's holding that huge price up there.


Question on the FUSZ chart you linked, if you don't mind- I noticed that preceding each run up in SP, DI+ and DI- are reaching convergence, and stochastic is at low end moving up.

From a strictly TA perspective, is there merit in expecting an upside run when we see these specific technical indications occurring?

I suppose asking this another way, what TA items are of most importance to you in signalling upcoming run for an OTC stock?

TIA!