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il be excited if their is a pr wednesday like you claimed. Thats when il start doing backflips. (not calling you out, but i dont believe things until i see them )
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Personally I wouldnt mind a dip tomorrow, don't want this thing to keep rising 50+% everyday, bad things could happen. Well i mean i do want it to go up like that, but ya know it wouldnt be good haha.
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It's all good, but reread what I have written, (He said sometime this week), if you don't trust me call them yourself. The number is on the website. www.nordoil.com
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Cassity isn't the only one who said they talked to them about a PR about the buyout mid-week. I think we see it this week as well.
I wouldn't expect too much of a dip, this is still undervalued and getting people's attention. High volume today will limit profit taking, and as someone else said, this held strong this afternoon, despite the big day.
I know people get the itch to sell after days like this, but do your DD. This stock should be valued at between $1.60 and $2.50 or more based on estimated profits next year and industry standard P/E's.
I'd hate to be left out if the buyout is as good a number as we think it might be...
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You've gotta do what you're comfortable with, but MM's see those and can intentionally walk the bid/ask down to trigger those sales.
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you can manually set a stop if you'd like, but no trailing stops unless you sit there all day adjusting it. Unfortunately, I can't do that. I just don't want to set a stop too high and get caught on a brief dip.
Then again, I would have liked to sell my RSHN shares at their peak in the .01 range rather than at the .008 range like I did (I still have some though)
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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quote:Originally posted by weatherbill: RSI doesn't mean much when dealing with penny stocks who have major PRs due......that's what's driving this baby up....also some folks are now seeing what I've been saying since last August when I got in this, that the amount of oil they have compared to the PPS is insane.....just last month this was at .07 per share......if only I kept the faith, I would have gobbled up even more shares at .07...... I expect a correction, but an end of week rally if the PR for buy out isn't out this week.
same here. didnt want to average down as i got in at pre-split btsi levels. i had months to get in at below .10 levels...so muuch for adhering to one's principles..
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less than 5 hours until the market opens..i see this thing gapping to abt $.57 then its off to the races, I think we see it close in the $.70 range.!
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Oil up to $71/barrel....this is the hottest penny stock in the hottest industry, don't give away those shares for cheap, this is going much higher IMO!