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![]() Micro Penny Stocks, Penny Stocks Under $0.10
![]() * * * GamezNFlix 2004 * * * (Page 10)
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| Author | Topic: * * * GamezNFlix 2004 * * * |
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BetNitAll Member |
I can't seem to post it, but if someone can post a chart that shows the Willials %R I think that measures if we are over sold are not...right? If thats true, then we are WAY oversold IP: Logged |
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tommy Member |
Hey guys, just dropping by a little bit. I have no problem seeing this baby trade sideways until big things come very soon. I mean that's the point of saying that you're long right? I've been long and plan on being very long so why should I care about a little fluctuation when I'm not even looking at selling, doesn't make any sense! It's funny because I posted this on the RB when it was trading at the 0.02 level 2+ months ago and retracing back to 0.016! GLTA! IP: Logged |
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VeeHappy Member |
quote: TRUE LONGS will reap the TRUE REWARD.Buy @ least 100K and HOLD LONG for @ least year. IP: Logged |
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Moose Member |
When we hit the last high of 0.061 it wasn't in a breakout situtation like when we hit those 3 other highs. We've built a strong support while reaching 0.061 so the pullback shouldn't be as big as the previous ones. I think our new support is right here @ 0.04
quote: [This message has been edited by Moose (edited January 09, 2004).] IP: Logged |
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jr Member |
cabbage and marty, you both make good points, but what we all have to remember is that this will have no longterm effect.. the people who sold are either weak hands or day traders.. they would have sold as soon as the pr was released anyways. maybe a few longs took this into consideration and sold in order to accumulate more shares, if they did good for them but that is very risky. we are all very fortunate to be in a company with this much potential at these levels.. most people dont even know this company exists yet! the big investors probably wont even take notice until we make it onto a bigger exchange, and by that time we will already be rich! go GamezNFlix!!! IP: Logged |
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Moose Member |
MM SIGNAL 500 @ .039 IP: Logged |
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tommy Member |
This is actually a great trading session for a Friday, usually people take profits on Friday but I guess that they did that yesterday already! ![]() The stock is oversold at this point and is bouncing back nicely. To the newbies, pay attention VERY CLOSELY so that in the future when we trade at a higher level you don't freak on every retracement! GLTA! IP: Logged |
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BetNitAll Member |
got some of those day traders and week hands out yesterday...Coumars...you better have stayed in...where are you? I especially like how we have all of those exact trades going through, but only .0001 difference in price. The MM's sure pounded it to us..they are good. IP: Logged |
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tommy Member |
Many of you were wondering what a pump-n-dump is, did you see IBZT this week? Now that's a pure pump-n-dump for you! IP: Logged |
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tommy Member |
jwhite said on the RB that the MM's got 5.5M shares this morning. They are loading up big time because they know that big things are coming up! I'm sure they are thanking the weak hands for being so easily scared. Sometimes I wish I could see them laugh hard when they successfuly scare newbies and weak hands! GLTA! IP: Logged |
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Moose Member |
You know whats funny...IBZT had a solid week of very green days...and when it finally hit 0.08 I told them to watch for a huge retrace of 50% back to 0.04, but everyone was saying stuff like will see 0.10 or ever 0.25 by friday....and where are they trading now... @ ~0.039 This shows you two things...one that a huge gain in one week is not a good thing, doesn't build solid support like we are building here... and two that you should never look ahead into fairytale land expecting a run to continue on forever. Down days will happen, they key is too look at the week/month as a whole, following day by day will only cause some sleepless nights and very long weekends... goodluck
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PAUL Member |
It looks like IBZT has given back ~54%. Not too unlike what we have seen PGHI do over the last few months. What is it that makes it a pump and dump?
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tommy Member |
following day by day will only cause some sleepless nights and very long weekends... Haha, been there done that, I used to eat, sleep, and breathe PGHI, now I'm WAY up so I just chill and help out the new comers.
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tommy Member |
Because it ran on the hype of them being on a TV show, then an Expo show, not real substance. I'm not saying that a pump-n-dump necessary means that the stock is bad per say. It means what it means, that they pumped it up with the news of the show, people bought and bought, then they dumped. If PGHI did the same thing it would be a pump-n-dump too, nothings bad about the stock, it's just how you qualify such big up and down movements based on no real substance. GLTA!
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PAUL Member |
Tommy, My take of a pump and dump has always been that there was no substance behind the run. I understand what you are saying. Thanks for taking the time to explain your thoughts.
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eb2 Member |
hey tommy i have a ?(or anyone)i have scottrade and i cant trade these pennies without calling in my orders. i hate that, so somebody suggested freetrade.com part of ameritrade have you heard of it? do you know if you can trade pennies down to the tenth of a cent(very important) in freetradeor not? is there broker that you know of that does? thanks alot IP: Logged |
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PAUL Member |
No problem w/ Ameritrade down to .0001 In theory you could order a bunch of CMKM if you want. :-)
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JAYBIRD Member |
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tommy Member |
eb2, I'm in the process of transferring my account over to Scottrade, are you saying that you can't trade pennies online???
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Moose Member |
I believe free trade works just fine for pennies... too bad they don't have a Canadian version though, so i have to stick with ameritrade
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old mullet Member |
i didn't see ibzt as a pump and dump. it had a couple of short lived runs on news and did what most stocks that have such huge gains do. have there been any stocks anyone can mention that have held a 3000% short term gain? i sold for free shares and a nice profit so far. it is still up nicely from it's before christmas .0025 range where i bought it heavily. these huge swings are the nature of penny stocks and i sometimes feel that pump and dump is used too often to describe the moves caused by penny investors psychological m.o.. i think we might see some positive press for both pghi and ibzt again soon that will once again cause them to gain share value. when you get a good fire going it consumes the fuel quickly and if there isnt enough to sustain the blaze it will begin to die back. ibzt needed a solid press release daily to sustain the 5 alarm fire that they started. the pghi fire was built more by investors on threads such as this, and after awhile the same old wet green logs day after day had little effect and even began to smother the fire. i think it is a good idea to let pghi catch up with our expectations of it. on runs in either direction there will be gamblers buying all of the way to the top and pessimists selling all of the way to the bottom. pump and dump or human nature? uncle milty IP: Logged |
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cndboy Member |
Hey Guys, Were do you find these numbers???? the 100,200,300 etc? 100 > I need shares IP: Logged |
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tommy Member |
You have to have a streamer with the time and sales going through, then you can see when one of those small trades go through.
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TheChief Member |
Tommy, I use Scottrade and I have no problem trading pennies. Go PGHI IP: Logged |
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eb2 Member |
ok sorry i'm trying to sort this out so bear with me. what's the diff between nasdaqbb and nasdaqotc. thats how it appears on my screen. i cant trade pghi down to the tenth without calling it in. can you guys? is something wrong? i cant put a limit order in for say .045. only 04 and 05 is accepted. thanks for the help. IP: Logged |
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PAUL Member |
Tommy, Are you saying that the SHARE SIZE is the CODE?
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Wooter Member |
Hey y'all, can you tell me why the market makers would want a gap in the first place? I am assuming that they only do things to gain some kind of leverage, but what advantage do they get from a gap? Thanks, Wooter IP: Logged |
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tommy Member |
Yes, for example if you see a trade of 500 shares go through at the ASK, it means gap it up, if you see it at the BID then it means gap it down. Those trades are pretty easy to spot because nobody trades that kind of amount with pennystocks, the commission is higher than the value!
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tommy Member |
eb2, that's not what the site says, it says that you can trade up to 4 decimals with pennies (.xxxx) I guess that I will confirm when my transfer is done. Or maybe someone else using Scottrade can confirm.
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phantom1107 Member |
NEXT ON CNBC!!!!! Interacting with Games. Need a workout? IP: Logged |
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JEB7006 Member |
I have scottrade and have no problems trading pennies. They just won't allow you to place a market order with pennies -- you must do it as a limit or stop order
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xceshp New Member |
Hello all. I am a newbie to this board. I do hold a small position in pghi. I have heard everyone talking about this email with alot of information. Could someone please be kind enough to send it to me as well. Thanks My email address is amorken@rwb.net IP: Logged |
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BetNitAll Member |
Looks like they trying the shake again. Did anyone see the previous 6 out of 7 last trades. IP: Logged |
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aawhite12 Member |
quote: I can confirm...I have scottrade and I have made trades with PHGI to the 3rd decimal. You can buy and sell at the sub-penny levels. ~alex IP: Logged |
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tommy Member |
Thanks for the confirmation, I'm looking forward to saving a lot of money on commission with Scottrade. I used to have OptionsXpress but they charge WAY too much for pennies! GLTA!
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Kaged Member |
Tommy, I also have a Scottrade acount. You can trade pennies and sub pennies up to 4 decimals. However, Pink sheets are done over the phone @ $22.00 per trade plus .005 of the total amount. That was the main reason I transferred most of my pennies to Freetrade. Kaged [This message has been edited by Kaged (edited January 09, 2004).] IP: Logged |
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tommy Member |
Thanks Kaged. I don't play the pinks so I'm good with Scottrade. I like their streamer, pretty cool!
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ignorantbliss Member |
Anyone know what the live level-II is showing? I'm trying to buy more. Can a brotha get some help? IP: Logged |
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PAUL Member |
.041 X .044
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m_h13021 Member |
quote: http://users.adelphia.net/~x1f2/level_II.gif IP: Logged |
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tommy Member |
You won't fill easily, people think that there's a lot of retail buying or selling going on based on the look of the volume alone but the MM's got 5.5M shares early this morning and got even more now. That's the reason for the spread! They are loading up BIG TIME because they know that things are coming soon!
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ignorantbliss Member |
Oh well, if I don't get in at what I want today then I'll send the money to add to my PPM shares. I got 250K this morning. I guess the MMs won't be getting those anytime soon ![]()
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tommy Member |
Let's see if we'll have an end of day run! .043x.045 IP: Logged |
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PSU90 Member |
Thought they might try another shake at the end of the day/weekend. Looks like the bulls might put a stop to that though!
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penny_boy Member |
.045x.046 close: .046 nice finish today. hopefully we'll see it continue into next week. have a great weekend everybody! IP: Logged |
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tommy Member |
Hey we closed green on a Friday, I don't want to see anyone complain about it! ![]() The stock was simply overbought at the 0.06 level in anticipation of the new website and news. Since it was pushed back, traders and short term investors got out and it became oversold today, hence the bounce back. We got rid of the weak hands in the last 3-4 trading days, now the bulls are back in control. We'll rise again until the next PR or website release. Congrats to those who held strong and didn't get scared by the MM's, remember Rom wasn't built in one day! GLTA! IP: Logged |
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tommy Member |
Rome that is! ![]()
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coumars Member |
Back from work, catching previous discussions, thanx guys, I did not sell single share. I am holding tight. Go PGHI..
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realityinc21 Member |
[QUOTE]Originally posted by Kaged: [B]Tommy, I also have a Scottrade acount. You can trade pennies and sub pennies up to 4 decimals. However, Pink sheets are done over the phone @ $22.00 per trade plus .005 of the total amount. That was the main reason I transferred most of my pennies to Freetrade. Kaged KAGED AND TOMMY, FYI---YOU CAN ELIMINATE THE 22.50 FEE BY PUTTING IN A BUY/SELL ORDER IN FOR THE ROUNDED UP/DOWN CENT. IT IS JUST LIKE PUTTING IN A MARKET ORDER. FOR INSTANCE: PGHI BID .044 ASK .045. YOU PUT BUY ORDER IN FOR .05 AND IT WILL BUY AT THE ASK OF .045. SAME WITH SELLING. PUT SELL ORDER IN FOR .04 AND IT WILL SELL AT THE BID OF .044. THIS TOTALLY ELIMINATED THE NEED TO CALL IN AND ALSO THE 45.00 FEE. 22.50 AND BUY AND 22.50 TO SELL. I REALLY LIKE SCOTTRADE FOR PENNIES BECAUSE YOU CAN CALL THEM ON THE PHONE AND THEY WILL ANSWER. IN FOUR YEARS OF DAY TRADING I HAVE ALWAYS REACHED THEM AND SOMEONE ANSWERS BY THE 3RD RING OR IT GOES TO THE CENTRAL OFFICE AND THEY CAN HELP YOU. THIS IS GREAT WHEN YOU ARE ON THE ROAD AND WANT TO CHECK A BID/ASK OR CHANGE AN BUY/SELL ORDER. ALSO YOU CAN STAY ON THE LINE TILL THE ORDER IS EXECUTED: SOMETIMES VERY IMPORTANT WITH PENNIES AS THEY MOVE SO QUICKLY AND EXECUTION CAN MEAN THOUSANDS OF DOLLARS IN A PANIC SELL. (BEEN THERE AND DONE THAT)I HAVE TRIED TO CONTACT AMERTRADE BY PHONE AND HAVE BEEN ON HOLD FOR UP TO 10 MIN. ALTHOUGH I LIKE HOLDING MY LONGS WITH AMERITRADE. SCOTTRADE HAS A MUCH BETTER REAL TIME STREAMER THAN AMERITRADE OR E-TRADE. IMHO I HAVE MARGIN ACCOUNTS IN ALL AND USE THE SCOTTRADE STREAMER DAILY. ALSO MUCH MORE INFORMATION AVAILABLE FROM MAIN SCREEN FOR CHARTS AND FINANCIALS. I ALSO LIKE THE REAL TIME WALLSTREET STREAMING NEWS THAT YOU CAN SET UP ON YOUR SCREEN. ESPECIALLY DOW JONES HOT STOCKS NEWS HIGHLIGHTS AND INSTANT NEWS OF MERGERS/AQUISTIONS AND QUARTERLY ETC ETC. ALL FREE WITH ACCOUNT OF $500.00. HOPE THIS HELPS. ------------------ IP: Logged |
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tommy Member |
realityinc21, thanks for the info! ![]() IP: Logged |
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