posted
Before Anglos discovered America, my ancestors numbered nearly thirty million. By the beginning of the Twentieth Century, only a quarter of million of us left alive.
Small Pox was a weapon of genocide used against my ancestors.
American Indian genocide effected by Anglos is the worst in history and the longest lasting; nearly thirty-million killed over a period of three-hundred years, most of the killing was by starvation and spreading of disease.
"No big magic, seeing how resistance is at .40 and no news to support a rally."
Preeeeee-cisely! No magic at all. Just a glance at techinical charts, there it is, a cap of.40 per share.
Readers should know a cap or resistance can range plus or minus five cents for this price range; .35 to .45 per.
Two factors are at play, actually a third as well.
A poor recent 10Q holds prices down, hurricane speculation pushes prices up. Their 10Q is more powerful than speculation. Numbers cause concern. Speculation is simply giddy wild dreams amongst the "get rich quick" crowd, who are not confident and usually quite clueless about trading stocks.
This lack of confidence is evidenced by many making wild claims, pumping and hyperbole. These dreamers believe words shouted often enough will drive prices upward. Further evidence is strong reaction by these people to those who disagree; insults and threats.
Playing in the background are seasoned traders who are working those insecure dreamers. Many are able to earn very good profits on one cent, three cent, five cent moves. For this stock, buy 50K shares low, run prices up a bit through buying 500 or 1000 shares at increasing prices and dreamers go wild, begin a buying frenzy. Into this frenzy, seasoned traders dump those sideline 50K shares, slowly, over a day or two.
Selling 50K shares for a five cent profit per share yields $2500 profit, right quick. Those 500 or 1000 loss leader buys, those are sold at one or two cent profit, maybe enough to cover commission fees.
Rather humorous game. Speculators come in and start pumping looking to make a profit from hyping up other people, all the while quiet seasoned traders are working them, for profit.
Those who shout the loudest, pay the least attention.
quote:Originally posted by Purl Gurl: Itsjustme comments,
"I've learned to chuckle anytime someone makes 'predictions' on a penny stock."
What is the point of trading stocks if you cannot predict behavior? Are you suggesting you pick a stock at random and hope?
Purl Gurl
I mean specific price predictions at specific points in time, not behavior. I purchased this stock at 31 cents "after" I noticed that it didn't drop much after the poor financial reports.
Why did I purchase it? Because with the hurricane season upon us, the odds of it rising significantly are much greater than the odds of it tanking since most stocks would have already tanked after that first quarter loss.
I'm gambling on its general behavior, but not on a specific price. I'll play it by instinct as it rises - and watch the weather forecasts carefully
I have never made a price prediction on any investment board because 90% of those made are wrong and 70% are laughably wrong. I actually agreed with your assessment of TCLL a few weeks ago and gambled that your price prediction of 37 cents was at least in the ballpark.
It wasn't and I ended up losing a little money, but I still think TCLL will rise to that at some point and I'm watching it closely. A company with hundreds of millions in sales and a 1st quarter profit of 4 cents per share trading at only 23 or 24 cents right now is a joke.
I suspect your price prediction was wrong because the market makers weren't prepared for their financial results and didn't own enough shares. As soon as they are through accumulating shares and can profit from a run, I suspect your price prediction will be accurate.
There was nothing wrong with your analysis other than probable market manipulation. You can look at GM's financials and make pretty good guesses at what their stock price should be, but with these little pennies, the average investor has no clue what company insiders aren't releasing or what the MM's are doing strategically which is why I chuckle at penny stock price predictions...
Posts: 42 | From: Kentucky | Registered: Mar 2006
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Watching NLST for a break-out today. NLST needed to break above .415 to get out of its current range. It opened at .44 which does not mean a break-out because we don't know where it is going to close. However, I want to start positioning myself in this stock because it is a play on hurricane season which means it could go back up to 2-3 in sep/Oct timeframe, given any storm activity. This is supposedly year 3 of a 10 year storm cycle of bad storms.
good luck all - i am trying to get in - have not been filled yet - going for .4 fill, raised from a .37 order this morning that I gave up on - but it is stubbornly holding at .41
Posts: 268 | From: New York | Registered: Mar 2005
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quote:Originally posted by Repoman75: .43 now.... good thing I didn't listen to YOU KNOW WHO's advice that this stock wouldn't pass .40.
And stop erasing my posts to defend Purl Gurl! She made a wrong call on this stock! Let it stand for everyone to see! You don't erase her posts on NDOL!
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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somebody should set this straight here ! why was repo´s message deleted? not that i would ever dare to criticise purl gurl ! but what is going on here?
Posts: 2473 | Registered: May 2006
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There is a huge cover up here at allstocks.com
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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quote:Originally posted by Purl Gurl: Clearly you boys are not paying attention to price / volume ratios. You really should. Smart traders pay close attention to this.
Purl Gurl
YAWWWWWWWWNnnn.. maybe you can check the Johnson Rod Index while you're at it. Smart traders know when it's up and live by it.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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Volume was thin. It could be the sillybillies buying in, hoping it will keep going up. Either way, I'm keeping an eye on this one.
Stock trading is much like longboarding. You climb up a long hill, then stake out the summit and wait.. wait.. wait for cars to clear.. wait for lights to cycle through their patterns.. wait for granny to cross the street.. hold it... hold it.. and when the moment is right, drop in and bomb that freeekin' hill all the way down. Collect your senses and repeat..
-------------------- the market is not your mother Posts: 1282 | From: Montreal | Registered: Mar 2006
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Slightly more than two-thirds of today's volume is below .40 per share. Half of the remaining one third is at .40 to .41 per. Leftover is at .42 to .43 per share.
Leftover is naive newbies who do not know better.
Price / Volume ratios are very important for plays like this. These ratios are not the only factor, but are important.
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