Replies to post #23221 on Primco Management Inc (fka PMCM)

[mc6102]

PMCM CHART:

1. Bollies are pinching
2. ADX +/- coming together
3. RSI ready to run
4. Trading range tightening and volume low
5. LOOK AT THE MA's (8 and 32). A lot of traders tell you to buy ANY stock (not to mention the ones with BIG news coming and that are already on a news cycle) when the blue line (8ma) is below the red line (32 ma), AND the pps is below the blue line. BELIEVE ME when I say traders are loading up. They are, and they have been, and this WILL pop.
6. Stochastics show OVERSOLD

JMO... whatcha got to back up your opinions (anyone, not directed at the person I responded to)? :-)

[johnnytrader33]

Um no it's not? Every press release is the same thing..... Dilution. That won't change. It's how these shady people operate

[MicroCapTraderPro]

Your Correct PMCM will breakout and run when you least expect and I feel we are very near. Its been trading in a very tight range and there are some solid longs here and elsewhere that keep buying up any weak shares. Holding a large block myself and will not be selling till pennies and pennies ;-)

Anthonyspade Member Profile Anthonyspade

Monday, August 26, 2013 8:34:08 PM
Re: spread19 post# 23217
Post # of 23221
It's actually preparing for a bigger spike. What your seeing is the company releasing pr's to keep the investors interested, why the players are shaken the tree to get shares from the week hands. The only way to run a stock, is if majority of the shareholders are holding and selling at higher levels. If there's a weak hand who holds a lot of shares, sells at a quick flip, they can stop the run by creating a wall that will scare new investors away on level 2. You might test a lower spike tomorrow for one last shake, but for the most part, chart indicators have rest and ready to go. It will not run when you want it to run, just wait for that moment it does. Hint! Research more charts like this, and spread your money out through different stocks. This chart is a perfect blueprint for success in penny world ! Bottom feeders!

[SchragerTrader23]

lets break into the 3's again! looking good here, more volume is needed though

PMCM