I'm not getting the new posts on the old thread. Maybe another one would be a good idea.
Posted by The Hippo on :
slight swing up with this one! lets hope for the best
Posted by larryj on :
What does "gapping up" mean?
EDIT - OOOOOPS! Wrong thread!
[This message has been edited by larryj (edited January 16, 2004).]
Posted by glassman on :
Enough shares have changed hands at or above this price in the last week to maintain support here. Don't panic-- we bought on rumor --to sell before the news will play into the MM's and whoever has been accumulating
Posted by glassman on :
[QUOTE]Originally posted by larryj: [B]What does "gapping up" mea
when the stock price jumps so that the chart has a gap in it --usually this is a morning thing but on occasion you see it during trading hours.
Posted by Marcidius on :
Good call on the new thread, maybe it will coincide with the rebirth of FXGP on the run
Good luck to us!
Posted by drwright68 on :
the sellers are out, we should be ready for a nice run into the news on tues.
Posted by cabbage22 on :
I like the lower volume today
Posted by glassman on :
Somebody got their fill.
Posted by Malloy on :
Hi,
What news do you expect. And what exactly does this company. Still searching for info.
Thanks
quote:Originally posted by drwright68: the sellers are out, we should be ready for a nice run into the news on tues.
Posted by cabbage22 on :
A lot of buying going on- need those bids to follow though
Posted by realityinc21 on :
quote:Originally posted by glassman: I'm not getting the new posts on the old thread. Maybe another one would be a good idea.
I AM IN ON 1/15/004 AT .0116 FOR A SIZABLE POSITION.
WHEN THE DUST SETTLES WITH PROFIT TAKING AND PANIC SELLING I BEIEVE THIS WILL MAKE A MOVE TO .02.
------------------ DIANA
Posted by Malloy on :
You believe based on what please?
quote:Originally posted by realityinc21: I AM IN ON 1/15/004 AT .0116 FOR A SIZABLE POSITION.
WHEN THE DUST SETTLES WITH PROFIT TAKING AND PANIC SELLING I BEIEVE THIS WILL MAKE A MOVE TO .02.
Posted by Malloy on :
I'd like to buy this stock but still can't find info to give me a reason why this would be a good investment.
quiet . . . very quiet . . . no trades . . .
Posted by swingkid425 on :
Obviously, no more panic selling. Nothing for the last 10 minutes.
Posted by cabbage22 on :
Money flow today is very good, if the MM's did short the stock yesterday, they will be covering at these levels.
If and when they do cover, the overhead asks are very scattered and thin since we went through these levels previously- so it should move very quickly
[This message has been edited by cabbage22 (edited January 16, 2004).]
Posted by cabbage22 on :
Two key resistence points are .013 and .016
Once .013 is broken, .016 shouldn't be too hard to take down.
MM's are upping their bids now, would like to see more consolidation of the bids leading to competition between them, next week should be very good
Posted by tommy on :
If we see a run into the close, new investors will have a 3 day weekend to check out the stock and Tuesday will be big! Of course I'd love to see a PR on Tuesday too, it would be the icing on the cake!
GLTA!
Posted by glassman on :
I put in another order and they ran the price up again LOL-- this one looks to be put here just to drive me crazy-- Maybe I should put in tiny orders and chase to run the price up LOL
Posted by Marcidius on :
HEck yes it would be the icing on the cake!
I was starting to doubt this stock but I gotta remember that PR is due out on orders and contract news, plus the other DD we've been discussing!
Good job following this stock guys, we will be GREEN like mad next week!
And like Glassman says, buy on rumor sell on news!
GL!
-Marc
ps. Anyone see ICEW shoot today? I missed the damn thing and it's up over 120%...!!! I picked it last night even...ugh
Posted by Marcidius on :
Oops, ignore that...don't want to get this thread off topic! OT!
FXGP all the way!
Posted by swingkid425 on :
If we can break the 0.013 wall today, I think we'll be in great shape for next week. If news comes out, I'll be glad I held.
Posted by swingkid425 on :
Very Interesting. Nobody is selling. Everybody is holding. Only buys order in the past hour or so. First time I see that after 3 heavy trading days.
Anyone has an explanation ?
Posted by drwright68 on :
it's accumulation pure and simple....coiling like a spring!
quote:Originally posted by swingkid425: Very Interesting. Nobody is selling. Everybody is holding. Only buys order in the past hour or so. First time I see that after 3 heavy trading days.
Anyone has an explanation ?
Posted by swingkid425 on :
FINALLY ! Ask at 0.013. Volume seems to pick up a little bit. Still very scattered though.
Posted by cabbage22 on :
.013 is a fake wall-
Posted by swingkid425 on :
I certainly hope we break the 0.013 wall. It's good to see the BID move up. Will we see a strong finish to this wonderful week ? We shall see.
Posted by glassman on :
A possibility with this stock is that the naked short sellers were in it heavy last year and they didn't cover early enough in anticipation of the new rules.
Posted by glassman on :
now the bid/ask spread is .0130/.0137-- what are they trying to tell us?
Posted by cabbage22 on :
Who doubted the mighty GIL 2001???!!!!
Posted by swingkid425 on :
I have NO clue. First time I see such a reaction. Usually this happens with sub-penny stocks. Never seen it for a stock above 0.01. This is definitely a signal. I guess we'll soon know what is going on. Meanwhile, not a lot of people willing to sell. This is very good news.
Posted by cabbage22 on :
When the spread is held open there is going to be movement one way or the other, usually in the direction of least resistence. They basically dont want to sell their shares, knowing its going up
quote:Originally posted by glassman: now the bid/ask spread is .0130/.0137-- what are they trying to tell us?
Posted by swingkid425 on :
Here we go again. 0.0135/0.0139. Very very interesting. I think I'll learn a lot here. I'm taking notes for future reference. I like what I see.
Posted by cabbage22 on :
Supply vs. Demand
Fear vs. Greed
Posted by Nibblesworth on :
It's moving! .015!
Posted by swingkid425 on :
VOlume picking up. Reaching next wall at 0.015. What is the following one Cabbage ? Very interesting Very very !
Posted by glassman on :
if we keep this up today Tues will be nice!
of course my last order never got filled--LOL
[This message has been edited by glassman (edited January 16, 2004).]
Posted by GeckoVision on :
besides being on AOL 9 hours a day, Lew is up to something big
Posted by cabbage22 on :
.015 is falling- next resistence is .0165-.017
Posted by cabbage22 on :
Look for pullback
Posted by GeckoVision on :
.017 coming, and we're all still in it, most with a lot more shares.. now this is nice Posted by swingkid425 on :
What kind of resistance ? Big or small ? Wow, this is exiting
Posted by Marcidius on :
I think I'll be holding till next week no what this is getting VERY interesting!
How you guys holding up, strong hands in for next week?
Posted by Nibblesworth on :
Boys and Girls - I think today might be a good day! .016!
Posted by GeckoVision on :
quote:Originally posted by cabbage22: Look for pullback
no no .. no pullback please , thanks
Posted by swingkid425 on :
Volume is spiking. This is excellent. We could even think about maybe having a chance for 2 cents. But I woulnd't want to jinx it !
Posted by cabbage22 on :
and I'm out
Posted by swingkid425 on :
Looking good. No real pullback. It actually seems stalled. So 0.0167-0.0170 is the next resistance level ? How many MM in that range ?
Posted by cabbage22 on :
The pullback is coming- just got breakeven from my entry, and will re-enter after the retrace- Limit .0145 and it will give you the best avail price
Posted by Marcidius on :
Should I sell at 2 cents and maybe wait for a dip to buy in or is thing going to keep on rising the next couple of day.
This stock has confused me so that is why I haven't been too sure lately on this one lol...
Posted by swingkid425 on :
Cabbage. How many you sold and at what level ?
Posted by glassman on :
quote:Originally posted by cabbage22: Look for pullback
right on cabbage-- this is bail out for people who thought they were going to have to lose some money let them out and it will move up again.
Posted by GeckoVision on :
quote:Originally posted by glassman: right on cabbage-- this is bail out for people who thought they were going to have to lose some money let them out and it will move up again.
or not.. the market isnt made to be predictable..
i'm letting my free shares ride..
Posted by cabbage22 on :
only 41,000
we went up .003 in 12 minutes, I follow the macd for my entry/exit and it never fails me. Could have a minimal retrace here though
Posted by swingkid425 on :
I don't think the rally is over. It has not really pulledback and is just in waiting mode. Nobody seems to want to sell today. This is amazing. I had buy orders at 1 cents and at 0.0090, but I don't think I'll get them filled anytime soon.
Posted by swingkid425 on :
A third of today's volume appeared in the last 15 minutes. Amazing and I think the party is not over. I'm expecting to see a 0.017 digit today. Maybe even 0.018. A finish in this area will be excellent for next week.
Posted by cabbage22 on :
Oh its def not over, I've gotten in the habit on following nite though
Posted by GeckoVision on :
.017 in a matter of minutes.. then maybe we can make a run to 0.02
Posted by swingkid425 on :
It is starting to roll again. Closing into the next wall. I think it will break it.
Posted by Marcidius on :
And THERE is .0162 OOOOH YEAH!
.016 is out!
Posted by glassman on :
I din't get out--it has more
Posted by swingkid425 on :
NITE is gone for the moment. He will soon join the party again ! At what bid is NITE standing ?
Posted by cabbage22 on :
i did pull a little early, pressure here is strong though.
Posted by glassman on :
they werent getting the shares they wanted at the low prices-- whoever they are they wanted/needed more-- now they will get a few more.
Posted by swingkid425 on :
This run is much healthier than the previous one. More support and the profit taking. Something is going on. Definitely. I'm holding until next week.
Posted by realityinc21 on :
quote:Originally posted by glassman: I din't get out--it has more
LIFE IS GOOD. THE SHARES I BOUGHT AT .016 YESTERDAY SOLD AT .0156. I WIL TAKE MY 30%.
HAVE A GREAT WEEKEND.
------------------ DIANA
Posted by swingkid425 on :
Has wall reformed at 0.016 or is it still at 0.017
Posted by realityinc21 on :
quote:Originally posted by realityinc21: LIFE IS GOOD. THE SHARES I BOUGHT AT .016 YESTERDAY SOLD AT .0156. I WIL TAKE MY 30%.
HAVE A GREAT WEEKEND.
YOU ALL PROBABLY NEW I MENT TO TYPE .0116.
------------------ DIANA
Posted by fastrunner on :
It's pulling back a bit now.
Posted by swingkid425 on :
The good thing is that nobody is selling during the pullback. The MM don't get the shares they are trying to get. Hopefully, there will be another surge.
Posted by swingkid425 on :
How come no support at 0.015 ?
Posted by glassman on :
quote:Originally posted by cabbage22: The pullback is coming- just got breakeven from my entry, and will re-enter after the retrace- Limit .0145 and it will give you the best avail price
looks like your tea leaves are right so far--
Posted by realityinc21 on :
quote:Originally posted by Malloy: I'd like to buy this stock but still can't find info to give me a reason why this would be a good investment.
Anybody can help here?
MALLOY,
SORRY I WAS BUSY TRYING TO GET SOME BUY AND ORDERS IN. I AM A DAYTRADER OF PENNY'S. I FOLLOW TRENDS, VOLUME, NEWS AND THE EMOTION OF THE CROWD. I DID NOT BUY ON THE ORIGINAL RUN. WAITED FOR WHAT I BELIEVED TO BE THE PROVERBIAL RETRACEMENT-- BOUGHT AS CLOSE AS I COULD TO THE LOW OF .0106. I GOT IN AT .0116 JUST SOLD AT .0156 FOR 30%.
UNLESS THERE IS OUTSTANDING NEWS I WILL PROBABLY NOT BUY THIS STOCK AGAIN. NOTHING IN THE FINANCIALS OR THE HISTORY OF THE STOCK IE. 6,000 DOLLAR REVENUE IN 2002 AND ELEMINATION OF OTHER BUSINESS VENTURES IN LATE 2002 AND EARLY 2003 IS SCREAMING AT ME TO KEEP THIS STOCK. IT WAS A DAY TRADE FOR ME.
I KNOW IT IS A LITTLE LATE FOR THAT ANSWER BUT I ONLY CHECK THIS BOARD ONCE IN A WHILE DURING THE DAY.
GOOD LUCK TRADING.
------------------ DIANA
Posted by fastrunner on :
2 big volumes at .0148. 240K each
Posted by GeckoVision on :
New Security Measures
November 26, 2003
The Office of General Services and the Division of State Police are announcing that on January 1, 2004, new security procedures for accessing the State Capitol and the Legislative Office Building will be implemented. The measures are part of the State’s ongoing review of security procedures at State facilities and will utilize state-of-the-art technology to reduce staffing costs and improve security operations.
To improve and streamline security operations at State facilities throughout New York, OGS will begin phasing in on a statewide basis a single, state-of-the-art, employee ID card that will replace multiple cards being used by State agencies and the Legislature. The new, “Smart Card” technology is compatible with multiple systems, allowing one card to be programmed to serve a number of different security-related functions. The new card is expected to improve security at State facilities and allow unhindered access for authorized employees at individual state buildings and facilities. Rollout of the new ID cards will begin this month with employees working in the Legislature and the Capitol and is expected to be complete by Spring 2004.
All persons requiring entrance to the Capitol and Legislative Office Building will be required to use their new ID card to go through the new employee turnstiles. These devices will be installed at the Times Square quadrant on the Concourse level, the Washington Avenue and State Street entrances to the Capitol, and the State Street entrance to the Legislative Office Building.
During business hours, those employees whose agency has office space in the Capitol and Legislative Office Building will have access authorizations to these buildings assigned to their ID card. Employees whose Agency does not have office space in the Capitol or LOB, but who routinely must do business with those Agencies, may apply to have authorization access granted on an individual basis. Permission may be requested by Agency Contacts to the OGS Security Card Officer. If a person attempts to pass through without prior authorization on their ID card the barrier arm will remain in place and an audible alarm will sound to alert security personnel. Any employee without authorization will need to pass through the visitor’s entrance. Buildings will remain open and accessible to the public during business hours by utilizing the visitor’s entrances, which will be clearly marked. Security personnel will be available to assist.
Capitol and Legislative Office Building employees who require after hours access to the buildings will be allowed to enter these buildings through secure portals. Secured portals are designed to allow only one authorized person at a time through the portal. The employee will scan his or her card to enter the portal. Doors will open and the portal will scan to detect one person, upon clearance the doors will close, and the second set of doors will open to allow the employee to pass through. If the portal detects more than one person, a voice synthesizer will request that the individuals exit the portal. If the employee attempts to pass his or her card to another person after having scanned to enter the portal, the portal will deny access to the second person.
After hours access to the Capitol will be afforded at State Street and the Capitol tunnel. Legislative Office Building portals will be located at both the Swan Street and the Plaza entrances. These devices will allow authorized employees the ability to come and go from the Capitol and Legislative Office Building both during and after hours utilizing their new ID card and pin number issued by OGS.
The Legislative Office Building’s main entrance will be on State Street. This entrance will include features similar to the Capitol including a magnetometer, x-ray machine for visitors and an employee turnstile for building occupants. After hours access will be at the Swan Street and the Plaza exterior entrance to the LOB through a secure portal. Also, the P-3 V-lot and P-2 entrances into the Legislative Office Building will be altered to allow only authorized employees via full turnstiles operated by the employee ID card and pin number.
Barrier gates to prevent unauthorized vehicular traffic will be installed at the Madison and State Street entrances to the Empire State Plaza, Capitol Executive ramp, and the Bus Terminal at the Empire Sate Plaza. These gates will permit access to authorized vehicles only.
We are confident that everyone will work with Security personnel to make the Capitol and Legislative Office Building as safe and secure as possible. Please do not hesitate to contact Mr. Joseph Cosenza at 473-6517 or the Plaza Manager’s Office at 474-8894 if you have any questions or concerns. Thank you for your continued cooperation.
Posted by glassman on :
Gecko you're taking all of the fun out of it--LOL
Posted by GeckoVision on :
taking the fun out of what? guessing what our news will be?
Posted by cabbage22 on :
hey guys, i think there may be a bigger pullback late in the day, triple top pattern seems to be in the making. when the second top doesnt clear the first top its a uaually a sell signal.
Switched over to IBZT after I got out, riding it for as long as I can
Posted by Malloy on :
Thanks for your comments. I'm looking forward to being a day trader too...I'm a long term investors but less and less interested by the whole corruption being made. A good company is often being push down and a bad one the opposite. Since there's so many lies going on, I feel that a «take the money and run» approach is more and more the way to go.
That's the reason I've monitored this board for awhile now whitout being very active.
Learning from you all.
Thanks again.
quote:Originally posted by realityinc21: MALLOY,
SORRY I WAS BUSY TRYING TO GET SOME BUY AND ORDERS IN. I AM A DAYTRADER OF PENNY'S. I FOLLOW TRENDS, VOLUME, NEWS AND THE EMOTION OF THE CROWD. I DID NOT BUY ON THE ORIGINAL RUN. WAITED FOR WHAT I BELIEVED TO BE THE PROVERBIAL RETRACEMENT-- BOUGHT AS CLOSE AS I COULD TO THE LOW OF .0106. I GOT IN AT .0116 JUST SOLD AT .0156 FOR 30%.
UNLESS THERE IS OUTSTANDING NEWS I WILL PROBABLY NOT BUY THIS STOCK AGAIN. NOTHING IN THE FINANCIALS OR THE HISTORY OF THE STOCK IE. 6,000 DOLLAR REVENUE IN 2002 AND ELEMINATION OF OTHER BUSINESS VENTURES IN LATE 2002 AND EARLY 2003 IS SCREAMING AT ME TO KEEP THIS STOCK. IT WAS A DAY TRADE FOR ME.
I KNOW IT IS A LITTLE LATE FOR THAT ANSWER BUT I ONLY CHECK THIS BOARD ONCE IN A WHILE DURING THE DAY.
GOOD LUCK TRADING.
Posted by swingkid425 on :
I don't know what to think. We still haven't seen major retracement today. It seems to be consolidating in the 0.015 range. If that's the case, it will be an excellent launch for a 0.017 attack.
Posted by glassman on :
quote:Originally posted by GeckoVision: taking the fun out of what? guessing what our news will be?
It is better to teach a person to fish than to give ap person a fish- (ancient chinese flashback-- or is it from from one of those obscure western religions?)
Posted by swingkid425 on :
Ok, time to poll everyone for their guess on this week's finish. I go for a 0.016. Ok, ok, call me optimistic !
Posted by GeckoVision on :
any gain to erase yesterdays loss would be nice way to end the week
Posted by swingkid425 on :
Now there is a solid wall at 0.015. I hope we can break it.
Posted by glassman on :
If we can hold above .014 today everyone will have the weekend to look at it. Tues open with news( not counting chickens) should gap up on open.
Posted by indgairhe on :
All i see is MM taking profit, right now, of the orders based on Long week. This will move up tuesday nicely.
Posted by swingkid425 on :
Why is everyone talking about Tuesday for the news to come ??? What about Monday !
Posted by GeckoVision on :
quote:Originally posted by swingkid425: Why is everyone talking about Tuesday for the news to come ??? What about Monday !
martin luther king day--markets closed
Posted by swingkid425 on :
oh . . . Long WEEKEND !
Posted by glassman on :
I remember when I looked forward to long weekends--LOL
Posted by swingkid425 on :
WIll we assist at the legendary 15-minute rally ? Volume is so light. It has really been an interesting day. Good luck all that are still holding. We'll hopefully get PR next week and we'll be able to say that FXGP was INDEED the next IBZT !
Cheers,
Posted by glassman on :
[I agree with you swing it was a good close and I think that when it does fly you should move your post back to the front of the list--This one may not go up as fast but it will probably have much more stamina.
When the posts end up with so many pages they are cumbersome--I only started this one cuz I tried 5 or six time to load the new posts and they didn't showup even though they were showing more recent time on the main board.
Posted by swingkid425 on :
Time to bring this one back to front page ! This coming week should be very nice. I'm positive we'll see 2 cents and more.
Posted by old mullet fan on :
Hi everyone,
I'm back from vacation and I'm glad to see FXGP way up. When I left, it had just reached 0.013$. It went all the way up to 0.0198$, back down to 0.0106 and all the way up to 0.0162 to close at 0.0144. If this is not called roller-coaster, what is? I really hope I'm not the only one who made money ut of this one. According to me, the upward trend is not over and we should have a good positive week.
Well, good luck to all and I still have lots of reading to do to catch up with all the action. I want to be ready for tomorrow morning.
Posted by swingkid425 on :
Hey Chicago,
What do you think about FXGP ? I think it has a great potential with Homeland Security contracts. Do you own or have ever owned FXGP ?
Bush Wants Increase in Domestic Security Spending Mon Jan 19, 6:36 PM ET Add Top Stories - Reuters to My Yahoo!
By Adam Entous
WASHINGTON (Reuters) - Seizing on an issue critical to Americans and his own re-election campaign, President Bush (news - web sites) will propose boosting domestic security spending by about 9 percent in his 2005 budget, congressional sources said on Monday.
Reuters Photo
The White House declined to comment on the reported increase -- one of the biggest in Bush's new budget scheduled for release on Feb. 2. Counter-terrorism efforts at home will be a major component of Bush's State of the Union address on Tuesday.
As part of the broader war on terrorism, Bush is expected to nearly double U.S. aid to Afghanistan (news - web sites) to nearly $1 billion in his budget for fiscal year 2005. The country has been hit by a new wave of violence from Taliban elements and possibly al Qaeda despite the U.S.-led invasion.
Bush will also propose a five-year, $1 billion increase in NASA (news - web sites)'s budget, which is now about $15 billion, as part of a new initiative aimed at sending American spacecraft back to the moon and on to Mars.
Bush is also expected to propose $2.5 billion for his Millennium Challenge Account, an aid program set up to reward developing countries which meet criteria on eliminating corruption, respect for human rights and opening markets.
But under pressure from his conservative base to rein in record federal budget deficits, the Republican president's $2.3 trillion budget for 2005 will call for limiting spending growth in most other government programs to under 4 percent, White House aides say.
The deficit could top $500 billion this fiscal year alone.
The 9 percent increase would push the 2005 budget for domestic security efforts to nearly $45 billion.
The proposed increase does not include defense-related homeland security spending or Bush's 10-year, $5.6 billion Project BioShield initiative aimed at speeding production of vaccines against possible biological weapons including anthrax and smallpox, sources said.
CRITICAL ISSUE
Bush proposed a 7.4 percent increase for domestic security in his 2004 budget request, drawing fire from Democrats who said more money was needed to adequately secure the nation.
"One of the president's top priorities is to protect the homeland from any future acts of terrorism, and he has consistently made available the resources to meet that commitment. His 2005 budget will be no different," said Chad Kolton, a spokesman for the White House budget office.
Democrats say the administration is underfunding emergency teams, including police, fire, and medical personnel, by about $100 billion over the next five years. They say cities have yet to receive their share of the $1.5 billion in so-called first responder funding appropriated by Congress this year.
The White House defended its record.
"The president has worked with Congress to make available over $10 billion in funding for first responders just in the last two-and-half-years, and that's an extraordinary sum in a short period of time," Kolton said.
International aid groups say Bush has yet to deliver on some of last year's State of the Union promises.
Despite U.S. military and reconstruction assistance, aid groups say conditions in Afghanistan may be deteriorating. "More money is always welcome but it's how you use it and what you use it for," said CARE spokeswoman Alina Labrada.
An expected $2.5 billion investment in Bush's Millennium Challenge Account would fall short of the $3.4 billion officials had said the program would disburse in 2005.
Bush is also expected to propose $2.7 billion in his 2005 budget to combat global AIDS (news - web sites) -- disappointing advocacy groups which had hoped for at least $3 billion.
White House aides said Bush held back his support for providing $3 billion a year for the AIDS initiative because of concerns that a system was not yet in place to use the money effectively.
Posted by glassman on :
Note that Democrats have critisized Bush for not increasing homeland security enough-- Security issues are going to rule for a few years at least--whoever wins in NOV.
[This message has been edited by glassman (edited January 20, 2004).]
Posted by swingkid425 on :
Today should be good. Hopefully we get some news and hit 2 cents.
Posted by old mullet fan on :
Will we see a gap up? FXGP looks to open at 0.015.
Posted by Marcidius on :
In at .0142, should have waited it out for a couple more minutes till it just hit .014 but I think I got a great entry point!
Posted by glassman on :
still no news --patience
Posted by Marcidius on :
Hmmmm this sucks... what u guys think is up and what we looking forward to?
Posted by old mullet fan on :
I think once it stops sinking it will go up and fast. I already have my buy orders ready.
Posted by larryj on :
quote:Originally posted by old mullet fan: I think once it stops sinking it will go up and fast. I already have my buy orders ready.
I am a newbie here, but it has quickly become apparent that you are someone who I can learn much from!
So, might we ask at what price and how do you determine when to get back in?
[This message has been edited by larryj (edited January 20, 2004).]
[This message has been edited by larryj (edited January 20, 2004).]
Posted by penny_boy on :
looks flat here in teh low .012s--will this be the low?
Posted by glassman on :
I put in an order at .0123 and they didnt fill it-- this tells me the MM's are acumulating--I raised to the ask at .0125 they raised the ask-- they didn't want to sell me any-- what does that tell you? I'm not going to chase.
Posted by larryj on :
quote:Originally posted by glassman: I put in an order at .0123 and they didnt fill it-- this tells me the MM's are acumulating--I raised to the ask at .0125 they raised the ask-- they didn't want to sell me any-- what does that tell you? I'm not going to chase.
As I am trying to learn....
What does that tell you?
Posted by glassman on :
took 15 minutes to fill now it will drop--LOL
Posted by old mullet fan on :
NO Glassman, it's going up !
Posted by glassman on :
there was either a long line of buyers with orders in at about 15% below open or the MM's are doing a head shake to collect the stop limit orders.
Posted by old mullet fan on :
Train starts rolling
Posted by old mullet fan on :
roll roll roll rolling
Posted by Nibblesworth on :
quote:Originally posted by old mullet fan: Train starts rolling
Up to .0143.....how high will it go?
Posted by Nibblesworth on :
look at her go! I'm hoping that .0149 ask gets filled!
Posted by Nibblesworth on :
Mullett -
What do yo think of this stock? Any predictions?
Posted by Marcidius on :
C'mon!
Raise that ask above .015! Let's goooooo
I gotta stop getting so nervous, that shows I'm still a newbie but I'm trying guys, I'm tryin
Posted by old mullet fan on :
I'm not the real Mullet. I'm just one of his biggest fans. That's why I call myself Old Mullet Fan. I like this stock because it moves up and down very fast. If one plays it correctly, one can make a lot of money. The volume is picking up and we should see nice things today.
Hang in tough.
Posted by larryj on :
quote:Originally posted by Marcidius: I gotta stop getting so nervous, that shows I'm still a newbie but I'm trying guys, I'm tryin
Same here. Ive already bought and sold this one once and took a 35% profit and got greedy and jumped back in on it today at 0.0142.
Posted by Nibblesworth on :
Let's get that damn ask above .015! C'mon!!!!
Posted by larryj on :
quote:Originally posted by Nibblesworth: Let's get that damn ask above .015! C'mon!!!!
Knocking on the door at 0.0149!
Posted by larryj on :
Oh no! I think we got played! A small 5000 order just went through at 0.013!
Posted by Marcidius on :
That's what I did, .0142 for me too....man I would be happy with ANY green today! I gotta start playin my numbers right
Posted by Nibblesworth on :
quote:Originally posted by larryj: Oh no! I think we got played! A small 5000 order just went through at 0.013!
I saw that too....wtf?
Posted by glassman on :
that was a real odd trade--
Posted by Nibblesworth on :
now we've got a bid of .0135 - MMs making their move? Or short sellers?
[This message has been edited by Nibblesworth (edited January 20, 2004).]
Posted by glassman on :
It looks to me like they are still trying to shake us up--I'm hanging tough.
Posted by larryj on :
quote:Originally posted by Nibblesworth: I saw that too....wtf?
Another small 6000 at 0.0135.
Posted by larryj on :
quote:Originally posted by larryj: [QUOTE]Originally posted by Nibblesworth: [b] I saw that too....wtf?
Another small 6000 at 0.0135.
[/B][/QUOTE]
Then another 44,000 at 0.035.
Is this the MM tying to make us bail?
Posted by glassman on :
we saw a bid ask spread almost this big on FRI it went up fast right after -- it could go hard either way--
Posted by larryj on :
quote:Originally posted by glassman: we saw a bid ask spread almost this big on FRI it went up fast right after -- it could go hard either way--
Being a MM sure seems like a good position
Do they skirt the letter of the law or what?!!?! It hardly seems legal!
[This message has been edited by larryj (edited January 20, 2004).]
Posted by Marcidius on :
Think our support has raised to .0135 today?
Posted by larryj on :
quote:Originally posted by Marcidius: Think our support has raised to .0135 today?
Big order of 657,100 just came in at that price.
Posted by Marcidius on :
Ask is moving up, that could have been our trough on this run up
Posted by larryj on :
quote:Originally posted by Marcidius: Ask is moving up, that could have been our trough on this run up
I sure hope so! But, I do have to say that I am quite puckered up as its looking like 0.0129 now
[This message has been edited by larryj (edited January 20, 2004).]
Posted by glassman on :
most of the big orders are on the ask little ones on the bid
Posted by larryj on :
quote:Originally posted by glassman: most of the big orders are on the ask little ones on the bid
What does that signify?
Posted by glassman on :
5000 shares @ .0129 is only 60 odd dollars--the volume is big and this makes it look red-- there are a lot of orders being filled between the bid/ask--the mm's get alot of the between sales. i think the MM's are accumulating.
ITS ONLY AN OPINION__
Posted by larryj on :
quote:Originally posted by glassman: 5000 shares @ .0129 is only 60 odd dollars--the volume is big and this makes it look red-- there are a lot of orders being filled between the bid/ask--the mm's get alot of the between sales. i think the MM's are accumulating.
ITS ONLY AN OPINION__
Thank you for the opinion! Im very new and appreciate everything you more experienced guys can offer. I am slowly starting to see that this is an "us against them" type of scenario
Posted by glassman on :
they make a good living if they they are smart-- we are waiting on news so the price is expected to go up-- I am basing my opinions on the rumor of news--they want shares to sell when the the news hits-- obviously they want to make a profit on top of the commission. If no rumors--they don't play the same way. Rumors could be JUST rumors remmember.
Posted by larryj on :
Looks like shes climbing back up. Bid/ask spread has gotten alot smaller as well. Generally speaking, if the bid/ask spread increases/decreases, what does that signify?
Sorry if the questions are plebian.
[This message has been edited by larryj (edited January 20, 2004).]
Posted by glassman on :
no prob-- not alot farther along myself remember. It could mean alot of things but watching the same one for awhile gives you clues from history-- a lot of people are expecting news today-- not out yet
think of it like a combination of poker and blackjack--house always wins long run but lots of bluffing.
[This message has been edited by glassman (edited January 20, 2004).]
Posted by old mullet fan on :
Volume is much lighter. Everybody is waiting for news.
Posted by GatorMan on :
OK, I'm on board. Time for it to rise.
Posted by glassman on :
all help appreciated--LOL-- nobody is dumping--
Posted by old mullet fan on :
Yes, another good sign is that nobody is selling. Everybody is holding strong. The shaking is not working.
Posted by old mullet fan on :
A break even today would be great.
Posted by Nibblesworth on :
I'd be happy with .0146 today.
I wonder why everyone is sitting on this - there is no news scheduled to come out. The stock usually yo-yos around all day long. I know I am holding because I bought @ .0165, but is that why everyone else is sitting, or do they know something I don't?
Any opinions on this stock?
Posted by Marcidius on :
Well news is expected, been rumored for the past week or so.
Like Glassman said it might not prove to be true, but from the movement the past few trading days it seems that it's entirely possible this week.
Posted by drwright68 on :
fxgp traded up 20% in germany...we should see .017 or better today.
Posted by Marcidius on :
More weak hands heading out the door?
I really wish a PR would come out real soon for this, EEP!
Posted by glassman on :
Don't think IBZT here-- the volume isn't lying-- interest waning but most holders bought well above .01 now
Posted by glassman on :
Did not drop nearly as much so far today--most weak hands out?-- day traders run price up during day then it drops off as they close out at end of day.
Posted by swingkid425 on :
I hope you all have your buy orders in, because when it goes up, it goes up fast !
Posted by Marcidius on :
I'm just sitting on it waiting for it to go higher than my entrance price of yesterday...lol maybe AFTER I sell that off I can play it tomorrow.
Posted by dazedtrader on :
I'm game. 100k shares at .0126. Let's see what this puppy can do. Posted by swingkid425 on :
And up it goes
Posted by Marcidius on :
Yep, Ask up to .0134
Posted by Marcidius on :
Anyone see where the resistance is for the first upswing today? I'd like to get out close to that and then get back in once it dips.
Posted by swingkid425 on :
The Bid is slowly increasing and the volume is picking up a little bit. It is starting to look good.
Posted by glassman on :
OK who bought the 50K @ .016 what do you know?
Posted by swingkid425 on :
This smells good. Something big is up.
Posted by dazedtrader on :
Keeping my fingers crossed... Posted by glassman on :
I was waiting for .012 tody LOL I'm being too greedy again.
Posted by Marcidius on :
lol Glass, you're just a 'playa' aren't you :P
Posted by Marcidius on :
As soon as that bid is raised again we'll see the ask raise sufficiently and some more acceleration!
Posted by penny_boy on :
i was looking to get at under .012 as well. theres only 3 MMs with a bid over .012, things are usually pretty spaced out on both sides with this one
Posted by swingkid425 on :
This is fun, fun, fun. Volume is still picking up. This baby is far from dead !
Posted by dazedtrader on :
.0145 - keep chuggin', keep chuggin'...
Posted by swingkid425 on :
I like the spread. It means it moves fast.
Posted by Marcidius on :
If you SELL a stock first, and then buy back during the day, does that count as 1/3 daytrades you are allowed during a week if you don't have $25,000
or does it only count against you if you BUY and the SELL the stock the same day instead of SELL and then BUY?
Posted by glassman on :
I try to err on the side of caution cuz I don't know either.
Posted by Marcidius on :
I'm such a total idiot, AH @%$@!
Panicked AGAIN and sold at .0133 for a "small" loss....
the reason I asked that question is cause I'd like to get in at the mid .012's.
Posted by glassman on :
SEC rule as I understand it is 4 daytrades in any 5 day period-- 5 day period not the same as a "week"-- don't know if that means trading days or not for instance.
Posted by dazedtrader on :
Spread is .0135 x .0147... seems to keep widening - was .0139, then .0138...
Posted by sjd235 on :
I'm a newbie and glad to be here...I was wondering what the implications are of a stock having such a wide bid/ask..Thanks for the help
SJD
Posted by dazedtrader on :
I'm fairly new also and not quite sure what to make of it. I think it depends on the stock. This stock in particular seems to always maintain a larger-than-usual spread, though this is the largest spread I've seen in a long while.
Some say it means its about to shoot up. But I think it could also mean that the MMs are trying to freeze the price where it is. Could be wrong - anyone else?
Posted by glassman on :
I regularly place buy orders between bid/ask on stocks and on this one I have never been filled between.-- What are the MM's up to here?-- I see lots going thru between-- is this MM accumulation?
Posted by sjd235 on :
I have noticed that the wide bid/ask has been going on for sometime, but the price has not gone down at all, but not gone up either with the exception of it briefly touching .016 today..In fact I'm currently showing .0146 as the price....I am also noticing that the volume is starting to pick up slowly as well...Maybe a run up?
Also what is a good website to visit for good DD? I'm sorry if this has been answered in a previous post, but if it has I did not notice it
Thanks again SJD
Posted by swingkid425 on :
Everybody will agree that this one cannot stay with such a wide spread. Something is about to happen. Since yesterday, nobody seems to sell. Everybody is holding.
Posted by dazedtrader on :
Price is steady, Bid is steady - the ASK is falling.... what gives?
[This message has been edited by dazedtrader (edited January 21, 2004).]
Posted by glassman on :
price has not gone down at all, but not gone up either with the exception of it briefly touching .016 today..
I suspect someone meant to put in a sell limit order and bought by accident--LOL --still should have been honoered at the ask --not so high-- maybe the MM's are trying to paint the charts to look a certain way?
Posted by dazedtrader on :
hehe - feel sorry for whoever accidentally bought at 0.016... gave me a brief shot of excitement though when I saw the price jump ever so quickly up to .016 and then back down again .... Posted by sjd235 on :
Speaking of the price going up and down quickly, now it is down to .0135 and has just jumped up and down very quickly....That is kind of weird
Posted by dazedtrader on :
Yep but its now back up to 0.014.... so close, EVER so close to my sell point.... come on, just a few 10ths of a cent more ... Posted by dazedtrader on :
Just curious - what are everyone's predictions for this stock? short term fluctuations only, or long-term eventual gains?
To be honest, this nasty spread issue for FXGP gives me the creeps... not sure I'm comfortable holding these for too long.
Posted by glassman on :
Finger always on the trigger here too but getting a little boring last hour.
Posted by dazedtrader on :
Have the order in to sell at 0.0139. Bid is 0.0140 but order still won't go through. Damn you etrade! Posted by dazedtrader on :
Out at .0139, and happy to be. Think .014 is probably the high for a while, without news. Might play this again if it goes back to .012 - was a fun day trade.
My only concern is trying to sell it - took over two hours for my sell order to go through (100k/AON). Perhaps that is normal, I'm still new to pennies - but the few other trades I've made (IBZT/AACS) have executed straight away s'long as they're within the bid range.
[This message has been edited by dazedtrader (edited January 21, 2004).]
Posted by glassman on :
That is not normal in my limited experience. This one has been slow to fill in both directions but not that slow-
Posted by dazedtrader on :
My buy order was filled straight away, but the sell took forever... makes me a bit leery of reinvesting in it in the future (unless of course it hits the magic .012 mark) Posted by sjd235 on :
Hey Glassman I know that there is a supposed rumor on this stock and that is what is the drive behind the trades, but I was wondering where you feel this stock should be going? It seems that there is support at 0.013 everyday and then stops at around 0.0147.
SJD
Posted by glassman on :
I am not a pumper-- I want to encourage you and everyone else to do their own DD-- where the price can go changes every day--I have been accumulating on dips --rumors strength is dying with the volume-- look at your charts-- there is a penant forming on Dailys and and on ten minute--it is tightening up--if we don't get news it will trickle down. I will take a small loss and buy back in later. If they break news-- the strength of the news will determine the strength of the rise. This is the pennies--maximize your gains-- minimize your losses you will have both.
Posted by swingkid425 on :
An interesting thing to notice is the fact that the day's bottom seems to increase. Today it dropped to 0.013 at the open and if it can hold that until the end of the day, I think it is very encouraging. Yesterday, the bottom was 0.0125, the day before it was 0.0121, the day before it was 0.0105 and the day before it was 0.0099.
Posted by swingkid425 on :
I'm optimistic for today. If the lowest point today can stay at 0.013, today will have been an excellent day.
Posted by swingkid425 on :
It's on the move !
Posted by sjd235 on :
A lot of huge buys just in at .0146....Looking strong....Will be moving up
Posted by sjd235 on :
Lots of buys at 0.0146....Maybe a new high?
Posted by swingkid425 on :
Once we break 0.015, it will increase fast.
Posted by sjd235 on :
I hope it does...It seems to stall at 0.0147 like it was yesterday
Posted by swingkid425 on :
Today's volume is good and we should close near the week's high. Hopefully we break the 0.015 wall tomorrow. I expect a strong finish. More MM in the 0.013's.
Posted by sjd235 on :
So far a lot of volume, but getting hammered?? Maybe a good time to jump in?
Posted by dazedtrader on :
If I had any money left I would definitely be jumping in about now.... I'm hoping my unsettled funds will be freed up today by eTrade before FXGP shoots back up to .014. Posted by swingkid425 on :
The volume IS HUGE . . . What's going on?
Posted by sjd235 on :
It appears that there have been a lot of huge volume buys at this level, then small smells come in.(ie. 200,000 @ 0.012 then 10,000 @0.0119) ...I have heard of no news
Posted by sjd235 on :
Already back up to 0.013 at 30 Million+ Shares!! Yesterday and day before the average was around 30-40 Million for the day....Maybe something is up?
Posted by GeckoVision on :
mm's walk it down.. accumulate shares..news imminent? ready to blow ? i hope so Posted by glassman on :
I can't see the future but I wanted to remind you guys of this post. I'm wrong half the time so don't take this too seriously--I still have a small position to keep myself focused on this one. I took a small loss on the rest of my shares.
quote:Originally posted by glassman: I am not a pumper-- I want to encourage you and everyone else to do their own DD-- where the price can go changes every day--I have been accumulating on dips --rumors strength is dying with the volume-- look at your charts-- there is a penant forming on Dailys and and on ten minute--it is tightening up--if we don't get news it will trickle down. I will take a small loss and buy back in later. If they break news-- the strength of the news will determine the strength of the rise. This is the pennies--maximize your gains-- minimize your losses you will have both.
Posted by penny_boy on :
looks like it's stalled in the upper .012s
very little movement in the past hour about
Posted by sjd235 on :
Looking at the chart it definitely looks like a pennant is forming....Since I am a newbie, boes that mean that it will probably be stalling unless news is coming? Also isn't there a rumor floating? Yes or No? I haven't heard anything latetly
Posted by Nibblesworth on :
I'm dumping this in about a half hour unless something happens. I've been holding for a little over a week, but nothing seems to be going on at all with the company. I bought on rumor, but will probably sell on reality. No PR's, nothing but speculation, and a dropping stock value makes me think I should put my money somewhere else.
I'll keep 5k shares, but the other 50k are going bye-bye unless something nice happens.
Posted by sjd235 on :
So when price drops some and a pennant is forming then that means it is a dead duck?
Posted by glassman on :
NOOOO! pennant USUALLY means something big going to happen--I worked pretty hard on this stock and I overlooked a couple others to do so.Look in Old Mullets request for sites --add them all to your favorites-- there are several in PSU's list covering chart symbology/recognition. When nothing big happened I moved on but kept 50K shares to make sure I didn't forget about it as I looked for new prey---you have to kiss a few toads-LOL--it could happen tomorrow or next week--I have"walked away" from many BIG winners to avoid risk--There will be new winners tommorrow. Keep your capital in hand-- Bears will run-- Bulls will run Hogs always get slaughtered.
Posted by sjd235 on :
Thanks for the help....It appears that a pennant has formed on this one so would it be advised to get more at this lower level?
Posted by sjd235 on :
