News Focus
News Focus
icon url

CRAZYJC

04/22/20 3:15 PM

#11501 RE: haber #11497

Well as frustrating as it may be, im holding and adding when i can
icon url

warfaretrader

04/22/20 3:16 PM

#11502 RE: haber #11497

you mean like the volume we had last Tuesday on no news? The speculation i'm referring to comes with the pps moving up on no news. Just talking about the company possible outcomes means absolutely nothing to technical traders and for that matter most that trade here in penny land. They follow momentum plain and simple! Once its starts moving up everything that everyone is saying will then start to generate buzz and that will create speculation and people willing to take a risk by hitting the ASK because they don't want to miss out on the next best thing. you last statement is confusing to me. "Sad that more aren't willing to have some patience and/or hit the ask." Bid sitting is nothing but being patient, yes boring but patient! Hitting the ASK for no reason is well, NOT patient. I will continue to add on the bid and those that get frustrated and sell, great I wish them luck on their next trade. If your chasing the ASK you need to question your trading plan, unless your a breakout trader!
icon url

Lakota-45

04/22/20 5:41 PM

#11506 RE: haber #11497

Unfortunately, stocks in the OTC, only move on News and Anticipation.

The more time that goes by without news, the more likely the stock price will drift down to a price range where buyers will buy and start accumulating!

We are in that price range now. - IMO