Looks like FXGP could move up from these levels, keep an eye on it into the close
Posted by Nibblesworth on :
I dumped all but 5k shares this morning. The stock hasn't done much for me, and there is absolutely NO news ANYWHERE that I can see.
If she skyrockets, dandy. Otherwise, no big deal.
Posted by cabbage22 on :
I've made $hitloads on this stock, price movement is very easy to read
Posted by glassman on :
I'm still holding shares at a small loss from last week and I will add if it starts to get a little hotter again. Upward movement on this small volume is encouraging
Posted by cabbage22 on :
What caught my eye are the large buys going through, most around 100-200k
Posted by cabbage22 on :
and of course AGIS and NITE waking up and hoping up on the bid
Posted by glassman on :
I chased it first run last week and had to work all week to lose only a couple hundred not chasin this time. I remember you told me to follow nite-- will have earned my level2 board soon so I can follow that advice.
[This message has been edited by glassman (edited January 26, 2004).]
Posted by cabbage22 on :
The float has turned over so many times between .011 and .016, it really limits the trading range. BB's have tightened, and moving above shorter term ema's. Due for a breakout IMO
Posted by glassman on :
That's what i was counting on but I got a little bored--I kept a small position to make sure I didn't ignore it when it finally does go.
Posted by cabbage22 on :
4 MM's on the bid-
Posted by drwright68 on :
i'm back in this stock as of yesterday. it looks likes its getting ready to move own it's own. if news comes out....Look out!
quote:Originally posted by cabbage22: 4 MM's on the bid-
Posted by glassman on :
not holding my breath but I am always bullish.
Posted by cabbage22 on :
Not holding my breath either, the hype has died down and it will be a slow mover. When or if news breaks it will move fast
Posted by cabbage22 on :
Showing big money flow shift on the 10 day chart, this could move today
Posted by glassman on :
finger on the trigger patience--patience whew i hate hate waiting---
Posted by glassman on :
upwards? is this it?
Posted by drwright68 on :
a little more patience. I called the company today and the receptionist confirmed the mr schiller was in nyc. she would not confirm or deny that he was closing a deal. but with the weather as bad as it is there, why else would he leave sunny florida unless it was for MONEY. I think something is definitely up. I picked up another 2.2 mm today at .0112 to bring my 2 day total to 3.3mm shares. On a different note, look for pghi's new website to launch this weekend to coincide with the hard copy of 1/31/04 billboard magazine hitting news stand....hehehehehhee
quote:Originally posted by glassman: upwards? is this it?
Posted by glassman on :
Locked and loaded--I avoid NYC even in good weather.LOL
Posted by drwright68 on :
that's a good strategy...hehehehehe...but, really, i don't see why he would be there this week if it wasn't for money. time will tell.
quote:Originally posted by glassman: Locked and loaded--I avoid NYC even in good weather.LOL
Posted by Spork on :
what would be the ideal buy in price for this thing? and what are your prediction of how high its gonna go when the deal gets closed?
Posted by drwright68 on :
we are right at the 50 and 200 day MA here. this area seems a pretty good entry point. I wouldn't want to speculate as to how high the thing could go on a big contract...lol...but i'd bet at least a 100% gain. It really depends on the size of the contract. I can only imagine what a $100mm contract would do....heheheheh
quote:Originally posted by Spork: what would be the ideal buy in price for this thing? and what are your prediction of how high its gonna go when the deal gets closed?
Posted by glassman on :
nobody can see the future clearly--do some dd in the old threads for starters. I am just a retail stock buyer and i am willing to take some RISK.that's why i don't go to NYC--i would get in a LOT of trouble there.LOL
Posted by Fallstaff on :
I got in this stock today too. Looks great. Just some interesting info:
Total 2003 Rev: $32,000 Total debt: $1.8 mil Total exec annual payroll: $723,000 # of employees: 2
"As of September 30, 2003, none of the salary owed to Lewis S. Schiller, our chief executive officer, has been paid and he is owed cumulative salary of $1.8 million. As of September 30, 2003, $66,000 of salary owed to Grazyna B. Wnuk, our vice-president, has been paid and she is owed cumulative salary of $672,000."
Heavy salaries! But at least they compensate in stock which is a good sign.
"During 2003 and 2002, we have compensated our employees and consultants with stock options and stock grants that have been registered on Form S-8 and unregistered stock purchase warrants"
Just an fye, felt the need to read up on their filings...nothing else to do at work today
FS ~ Trust your dd
Posted by drwright68 on :
I too have a great feeling about this stock, hence my position. I don't think we will be waiting long and the downside seems quite limited at this level.
quote:Originally posted by Fallstaff: I got in this stock today too. Looks great. Just some interesting info:
Total 2003 Rev: $32,000 Total debt: $1.8 mil Total exec annual payroll: $723,000 # of employees: 2
"As of September 30, 2003, none of the salary owed to Lewis S. Schiller, our chief executive officer, has been paid and he is owed cumulative salary of $1.8 million. As of September 30, 2003, $66,000 of salary owed to Grazyna B. Wnuk, our vice-president, has been paid and she is owed cumulative salary of $672,000."
Heavy salaries! But at least they compensate in stock which is a good sign.
"During 2003 and 2002, we have compensated our employees and consultants with stock options and stock grants that have been registered on Form S-8 and unregistered stock purchase warrants"
Just an fye, felt the need to read up on their filings...nothing else to do at work today
FS ~ Trust your dd
Posted by tommy on :
I'm in this one too with 545K shares, I think that something big is coming! Can you say contracts with Lockheed Martin and NOC? Posted by tbob on :
I"m not sold on compensation with stock options. Myself and many other exec's where given options out the wazoo. A year later a reverse split 1 for 20, months later even that disolved to pennies...a year later...no company. What comes in the mail yesterday but a letter from the brokerage house to say it's all worthless. Give me the salary...I' ll gladly invest myself.
Posted by glassman on :
points well made--I have been on this one from volume -- look at your charts. Is naked short-selling over? or not?
Posted by drwright68 on :
that's good point. but i doubt he would do an rs until he had exercised all his options.
quote:Originally posted by tbob: I"m not sold on compensation with stock options. Myself and many other exec's where given options out the wazoo. A year later a reverse split 1 for 20, months later even that disolved to pennies...a year later...no company. What comes in the mail yesterday but a letter from the brokerage house to say it's all worthless. Give me the salary...I' ll gladly invest myself.
Posted by mdec on :
These salaries and the annual exec payroll is ridiculously high.IMO Thanks
Posted by mdec on :
These salaries and the annual exec payroll is ridiculously high.IMO Thanks
Posted by drwright68 on :
i'm doing some dd right now. georal is also in nyc....could he be there?....hehehehehehe...that would indicate a possible contract.
Posted by cabbage22 on :
This is a very old ceo, doesn't travel unless necessary
Posted by drwright68 on :
quote:Originally posted by cabbage22: This is a very old ceo, doesn't travel unless necessary
[This message has been edited by drwright68 (edited January 28, 2004).]
Posted by cabbage22 on :
sent
Posted by drwright68 on :
we should have a nice day tommorrow...stokes indicate that we are oversold, our rsi is low 50's and we are at the 50 and 200 ma. we appear to be forming a nice base and let's not even talk about the possibility of a new contract or funding. then again why else would schiller be in nyc in such terrible weather....hehehehehhee
Posted by glassman on :
OKOKOKOK-I should have gone to bed before I read this- now I'll be plotting 1 minute charts all night--LOL
Posted by drwright68 on :
great, it would be nice to get some confirmation.
quote:Originally posted by glassman: OKOKOKOK-I should have gone to bed before I read this- now I'll be plotting 1 minute charts all night--LOL
Posted by Maksim on :
Hey guys, just wanted to say hello, just found this board, and I too am a faithful owner of this stock. picking up another 1.5 mil tomorrow.
anyhow, just wanted to let you know that we have a community at talkotc.com
there is a board for this stock, and is featured. so just a heads up, check it out.
Posted by drwright68 on :
thanks, i'll look it up. i am looking forward to today's action.
quote:Originally posted by Maksim: Hey guys, just wanted to say hello, just found this board, and I too am a faithful owner of this stock. picking up another 1.5 mil tomorrow.
anyhow, just wanted to let you know that we have a community at talkotc.com
there is a board for this stock, and is featured. so just a heads up, check it out.
Posted by drwright68 on :
an uptick on the offer, that's a good start.
Posted by glassman on :
quote:Originally posted by Maksim: Hey guys, just wanted to say hello, just found this board, and I too am a faithful owner of this stock. picking up another 1.5 mil tomorrow.
anyhow, just wanted to let you know that we have a community at talkotc.com
there is a board for this stock, and is featured. so just a heads up, check it out.
I hope you were patient here --this is hurting--
Posted by cabbage22 on :
My best guess is Shiller's assistant just dropped her payroll shares
Posted by Fallstaff on :
quote:Originally posted by glassman: I hope you were patient here --this is hurting--
Thar she blows! Looks like the shake is temporarily over..
FS ~ Trust your dd
Posted by drwright68 on :
i just spoke to schiller on the phone, he said he would call me back in 10 mins.
Posted by glassman on :
Well?
Posted by drwright68 on :
just spoke with mr schiller on the phone, he said that anyone that is in the stock at this level will be doing just fine in the shrt term. he obviuosly couldn't get into any specifics but he said that someting is cooking and its on top of the northrup deal. it will be announced very soon and it is my understanding that is why he is in NY now.
quote:Originally posted by drwright68: i just spoke to schiller on the phone, he said he would call me back in 10 mins.
Posted by Nibblesworth on :
I just bought back in @ .0092. I had 36k shares @ about .0165, but sold just about all of them. I decided to buy back in hoping that Schiller has some good news soon.
Let's see this thing fly, baby.
Posted by glassman on :
I'm in @ .0091 plus my losses and holdings @.0128 from last week-LOL maybe this one will treat me better this time--
Posted by Nibblesworth on :
quote:Originally posted by glassman: I'm in @ .0091 plus my losses and holdings @.0128 from last week-LOL maybe this one will treat me better this time--
I'm thinking the same thing! LOL. I bought this initially and immediately lost money. Sold to buy CYTP, but then released some crappy news, and then tanked. Sold that, and bought back into FXGP. Learned a valuable lesson regarding patience, and ended up with more shares and about equal to where I would have been had I not sold at all.
Of course, I sold IBZT to get into FXGP, and I would have doubled my money had it stayed in IBZT. Patience is what Yoda teaches, and hopefully I'll be patient with FXGP. I truly hope that Schilling has some good news for us.
Posted by Fallstaff on :
quote:Originally posted by Nibblesworth: I'm thinking the same thing! LOL. I bought this initially and immediately lost money. Sold to buy CYTP, but then released some crappy news, and then tanked. Sold that, and bought back into FXGP. Learned a valuable lesson regarding patience, and ended up with more shares and about equal to where I would have been had I not sold at all.
Of course, I sold IBZT to get into FXGP, and I would have doubled my money had it stayed in IBZT. Patience is what Yoda teaches, and hopefully I'll be patient with FXGP. I truly hope that Schilling has some good news for us.
Nice lesson. But let's hope it's "Schiller" not "Schilling" otherwise I'm selling now for a loss...lol
Posted by Nibblesworth on :
quote:Originally posted by Fallstaff: Nice lesson. But let's hope it's "Schiller" not "Schilling" otherwise I'm selling now for a loss...lol
Oh jeeze - is that my subconscience rearing it's head? LOL. Oops...Schilling is *baaaaad*, Schiller is GOOOOD.
No schillings....no schillings....LOL
Posted by old mullet on :
quote:Originally posted by Nibblesworth:
Patience is what Yoda teaches, and hopefully I'll be patient with FXGP. I truly hope that Schilling has some good news for us.[/B]
and as well as being patient yoda takes small deliberate steps. when you jump you dont always land exactly like you had hoped.
poco a poco
uncle milty
Posted by EverGreen on :
poco a poco - certo!!! ma in su, mai in gił capito - ciao
quote:Originally posted by old mullet: and as well as being patient yoda takes small deliberate steps. when you jump you dont always land exactly like you had hoped.
poco a poco
uncle milty
Posted by cabbage22 on :
I always buy in increments, added today at .0085, hope all turns out well
Posted by Marcidius on :
FXGP just hit UNCH, might see a run into the green?!
Posted by Marcidius on :
Bid order in at .0092...c'mon let's see a run baby!
Posted by Fallstaff on :
Keep your eye on NITE level II, as long as he keeps upping bid/ask we are golden!
Posted by glassman on :
I'm smilin now-LOL
Posted by dazedtrader on :
Thar she blows!!!!
Congrats to everyone who got in on time - wanted to myself but money hasn't cleared yet... Ah well. Nice 30% pop.
Posted by cabbage22 on :
GET OUT NOW!!!
Posted by glassman on :
quote:Originally posted by cabbage22: GET OUT NOW!!!
Cabbage you told me that when IBZT was at .016 what gives?
Posted by cabbage22 on :
well thats because im a daytrader not an investor, to each his own. Itraday macd crossover thats all.
Posted by Marcidius on :
I think for the quick run, when it hit the .012 resistance, that's what he meant
In and out for a quick gain, w00t w00t!!
Too bad I didnt get in at .092 but I still got some good profits
Posted by cabbage22 on :
i also told everyone to bail at .016 on its second peak, but many held out for .02 as it crashed
Posted by cabbage22 on :
Getting ready to freefall....
Posted by glassman on :
quote:Originally posted by cabbage22: well thats because im a daytrader not an investor, to each his own. Itraday macd crossover thats all.
OK I didn't mean I don't trust you --I know you much quicker trader than me---I'm taking bigger risks as swing trader--LOL
Posted by glassman on :
I have to manage my 4 daytrades in 5 day period carefully--Don't like using them up for a hundred or three$$-- 500$ makes me see red tho
Posted by cabbage22 on :
Get a margin account and you can daytrade all you want
Posted by Fallstaff on :
quote:Originally posted by cabbage22: Get a margin account and you can daytrade all you want
Does anyone know how long it takes in Ameritrade to hear back from them after applying for margin? I submitted online early last week and haven't hear anything yet?
Posted by cabbage22 on :
it takes a couple weeks. i was hoping for a bigger drop for a bounce play...
Posted by glassman on :
quote:Originally posted by cabbage22: Get a margin account and you can daytrade all you want
I will daytrade soon--but still with cash--margin double edge sword..just personal preference not criticism
Posted by Marcidius on :
I need to get a larger principle by trading before I can daytrade on a regular basis :-/
Posted by Marcidius on :
I probably asked you guys this before, but what service do you use for your lvl 2?
Ameritrade Apex?
I have OTCCharts but it doesn't have DETAILED lvl 2, which I really really REALLY would love.
Posted by Fallstaff on :
quote:Originally posted by Marcidius: I probably asked you guys this before, but what service do you use for your lvl 2?
Ameritrade Apex?
I have OTCCharts but it doesn't have DETAILED lvl 2, which I really really REALLY would love.
I'm hoping to upgrade to APEX next month...I don't have the 100K to get it for free but I do more than 10 trades per month and I will have had enough of those months under my belt after next month. I use Ameritrade Streamer Level II for now $9.99 extra but it's not very very VERY detailed.
Posted by cabbage22 on :
I dont use the margin, but having a margin account allows you to bypass the 3 day clearing period or whatever, its been so long i dont even remember what the rule was. but just using cash i can buy/sell over and over day in day out.
And about ibzt, glass you cant criticize me for that nobody knew ibiz was such a monster! from .0025 to .016 was a big move, with the billions of shares they have they will need to move a lot of lasers to justify their share price, but ill trade it anyway!
quote:Originally posted by glassman: I will daytrade soon--but still with cash--margin double edge sword..just personal preference not criticism
Posted by keithsan on :
g-man,
I'm knew to the game, played this stock a week back for a small practice run with small profit. My question pertains to inter-day charting the mac-d and where do you find this information. also, if possible I read that you plot out certain charts. I've been studying up some on this stock it mac-d has yet to look like it is ready to cross for a low but the sri is telling me its getting ready to fly.
no cash in hand, on the sidelines for this one.
Thanks for any and all help I have recieved by reading everyones posts.
keith
Posted by vclimber on :
Good call on that peak Cabbage! I've been lurking for the last month because I didn't have much to add but hey, Kudos are in order for the good eye! I got out @ .0119 for a nice $$$
Posted by cabbage22 on :
thanks climber, i could've just as easily been wrong though. the best way to trade is without emotions, without fear or greed. If you follow a set of rules, such as techs, your chances for success improve greatly.
Posted by thunder228 on :
Just so I understand... are you saying when the MACD crossed over 0 into positive territory that was your indicator of a reversal coming?
Thanks for your help
Posted by Fallstaff on :
quote:Originally posted by cabbage22: thanks climber, i could've just as easily been wrong though. the best way to trade is without emotions, without fear or greed. If you follow a set of rules, such as techs, your chances for success improve greatly.
Cabbage, nicely done, hey can you step us new guys through your thought process on this one. Seemed pretty text book for you. Just curious as to what you saw and what your "rules" were...much appreciated.
FS ~ Trust your dd
[This message has been edited by Fallstaff (edited January 30, 2004).]
Posted by cabbage22 on :
ok, you have a stock that's "running"
Bids are being added faster than the base is building. The price shoots seemingly straight up. You know at some point this will change, unless a large base comes in to support the new price. The MACD is the easiest and one of the best techs to follow intraday, volume is also important. When the fast line peaks, and starts to curl back towards the slow line this is a possible exhaustion of the run. When the fast line crosses back over the slow line, this is a stronger indication. You can see right at .012/.0119 the fast is curling back towards the slow, and the drop in price pushes the fast past the slow. Basically what the lines are telling you, is that the moving average is not moving above .012, there is resistence. At this point you need to watch level 2, and see how the MM's are stacked up, and who is playing. With fxgp there were 3 MM's at .012 and very few scattered on the bid. All signals point to a dropping price.
The 0 line is a longer term indicator for the MACD, and overall trend, crossing up and staying above 0 is bullish, crossing down and staying below is bearish.
[This message has been edited by cabbage22 (edited January 30, 2004).]
Posted by glassman on :
I would like to point out to the rest of us students that Cabbage did get in and out of IBZT throughout and from my perspective KICKED A with it-I wanted to make sure he didn't get a news release before me.
Posted by keithsan on :
cab,
good call where are you finding good live intraday charts I haven't picked up level 2 yet.
Thanks
Posted by keithsan on :
cab,
good call where are you finding good live intraday charts I haven't picked up level 2 yet.
Thanks
Posted by cabbage22 on :
Ameritrade has streaming charts, launched from the streamer applet
Posted by Marcidius on :
Man, I use OTCCharts, and contrary to popular belief, it's less charts, more power as far as big Watch Lists, Streaming news and the like...
BUT...no detailed Lvl 2. Which sucks, and the intraday charts are nice to look at price, but no options to add any indicators. I love this service but does anyone know some other good services that I might "try out" before I become 100% for OTCCharts?
Can you get the Ameritrade streamers without being a member, for a price?
Posted by keithsan on :
Thanks cab!!!!!!!!!!!!!!!!!!!!!!!!!!!! much appreciated I thought that option came with level II just opened up some streaming charts and its a whole new world. To Learn.
keith
Posted by glassman on :
Took me quite awhile to be comfortable reading the streaming quotes on scottrade--I look forward to getting level2
Posted by Mac the Knife on :
Cabbage or anyone else. I have ameritrade level 2, how do you open up the streaming charts. Any help would be appreciated. Mac
Posted by Fallstaff on :
quote:Originally posted by Mac the Knife: Cabbage or anyone else. I have ameritrade level 2, how do you open up the streaming charts. Any help would be appreciated. Mac
1 way is to open streamer and the last option is CHART...click on that and enter your stock. Or from the streamer lists right click on a stock and select CHART.
FS ~ Trust your dd
Posted by Marcidius on :
Cabbage, G-man...
you guys think if this thing closes in the GREEN today that we could see some nice green days in the next few trading sessions?
Posted by Mac the Knife on :
Thanks for your help Fallstaff. Mac
Posted by glassman on :
I'm working this as a swingtrade--I await news then sell depending how news comes-- not counting any chickens.
Posted by Fallstaff on :
This is creeping' up again too...
Posted by glassman on :
here we go again---
Posted by glassman on :
Now I'm totally confused just bought SH @ .011-- well below bid/ask-- should I be running as fast I can to get away?
Seems bid/ask is lagging-- hmm--not happy but not bailing.
[This message has been edited by glassman (edited January 30, 2004).]
