posted
Sorry to sound so stupid but i am trying to learn. I own some RWRD. Today volume almost doubled. There was a 1.3 million share BUY towards the very end of day. This would have been an over $12,000 buy. I respect you people's knowledge and wanted to know what you make of this. I don't know how to do the charts and will learn but for now I'm wondering about these things. Any ideas?
bill1352
posted
can you see all the trades?? like microcap or some other forum??? if so look at the number of buys during the day. that buy may have been 1 mm to another to cover the days shares too. holding any stock under .10 is dangerous. if you can get 20 or 30% say thanks & move on.
Elvisdog
posted
Thank you Bill. I appreciate the response. 20 or 30% would be great. Seems like I haven't gotten the chance to get out lately. LOL. 1 mm to another? I never thought of that. Like I said just learning. Thank you very much.
bill1352
posted
keep asking when ya need too elvis its the only way any of us learn & there's always more to learn.
lilpennypincher
posted
This is funny.....I just looked at the chart last night.....I'll look at it again and also the time and sales for the day and let you know......I'll PM you later...Gotta' start Dinner and will check it out after I get the kiddo' to sleep...
Elvisdog
posted
Well to be honest I've learned a ton from you people on this sight. Enough so that I felt confident jumping in with real money. I was doing pretty great too until this past week or so. I am going to read up on charts etc and try to someday be able to help someone else. Thanks for what you said Bill. I think sometimes people are afraid to ask. But hey we're all in this together. I wish I could be someone who could pass on my knowledge and help make people tons of money. I plan to someday be that person. I followed some of keithsan, Lil, and ponce's picks into the green. Now I have to try to figure it out myself. thanks again Bill!
Elvisdog
posted
Thank you very much Lil. You've helped me tremendously so far and don't even know it. LOL I've tried not to post too much and just follow all you and other's leads. Sometimes I've held on too long but others I've done pretty well. So thank you for that. I appreciate your help Lil and I promise to try to learn the charts on my own. LOL
Also pick up "an idiots guide to daytrading like a pro"
plain and simple english for those starting out....Great read...
I'll check on this later.
lilpennypincher
posted
LOL......Elvis...Keep being a sponge.....I look forward to you finding us some good ones....Keep asking questions and learning.....YOU'LL GET THERE FAST.
You know what the funny thing is......You can read all of the charts, books, education but, the best education I have gotten is from trial and error...Learning from my mistakes....
The first rule of trading....
BUY LOW SELL HIGH. Very simple.... Learn to spot the lows.......BUY........then don't get too greedy.....20% is Sweet....It may continue to run to 100% but.....don't look back, you've made 20%! Can't make that in the bank...LOL Harder to get out of the way of a falling knife when it's comin' down fast..
Good luck!
popsgotee
posted
I'm new to this board over the last few days and am surprise at the outbreak of negatives thrown your way Lil, not sure what it's all about nor dare to try and sort, but just what you've posted here speaks volumes of the person you are. Hope you don't disappear for long, us newbies to the pennies could use all the help we can get.
Pops
lilpennypincher
posted
Thanks Pops
ghosty
posted
quote:Originally posted by lilpennypincher: Thanks Pops
Nice knowing you... come back in the future.. was fun
lilpennypincher
posted
Elvis....had a real bad night.......Was not able to look into your pick...I'm very sorry..I hope all works out with you and you keep learning... Just a quick observation.....Chart looks good for at least tomorrow...You are already in so....GOOD LUCK and DON'T GET GREEDY!
Now.....I had to respond.......I need to keep my word...... So good luck to both of you....
keithsan
posted
sorry Elvis I missed this thread last night.....
I know nothing about your stock and haven't looked into it. big block buys are a good sign. an even better sign on low float stocks. read the last 10 q find the Operating shares for common stock, also check all subsequent filings.
check out last nights 8-k based on a November 23 pr.
Elvisdog
posted
Thank you to the people who responded. I appreciate your help and will try my best to gain the knowledge as quick as I can. Lil I hope you reconsider. Even the great Michael Jordan had a quick comeback. Don't let people get you down. You can only throw out picks you think will click. The rest of us have to know what to do with them.
keithsan, of all the people on this board whose picks I've followed I have to say you are at the top of list as far as helping me, and you didn't even know it. LOL At the very least I have been able to identify the people who know their sheeet. Thank you for being decent about helping and thanks for putting a little money in my bank account.
keithsan
posted
Thanks Elvis,
in case you didn't get my hints, this was Good 8-k and it should be moving this afternoon.
Elvisdog
posted
quote:Originally posted by keithsan: Thanks Elvis,
in case you didn't get my hints, this was Good 8-k and it should be moving this afternoon.
Thanks a lot Keith. It seems to be moving right now!!! Keep up the great posts Keith, I'm learning a lot from you. This board ahs beena great learning tool for me.
posted