posted
Mach.....I had to leave while this one was still climbing in the .008's. I set a GTC for free shares, but it didn't make it that far. Just curious what the selling volume has been? Heavy, or did the MM's taking it down on light selling?
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Stock Student, just to further illustrate my point I made a quick chart for cytp showing how to spot these longer term trends.
To spot a positive trend, you connect a series of lows. Which is illustrated here by the blue line. (To spot a negative trend, you connect the highs with a line)
Then I also labeled the most recent lows with red arrows, and the highs with green arrows. As you can see, the lows are getting higher, and the highs are getting higher So long term trend... follow the blue line, and it should continue to move that direction until something forces it to turn arround
posted
Ve3avw, yeh, I think the MM's are doing their thing too; it's just like many times when a stock reaches a top and comes back down; try selling sometimes; of course you can, but it's often really slow, because the MM's are selling all their shares only to pick more up when they scare enough traders out at a much lower price; doesn't always work that way, of course, but quite often. If you don't have level II you might want to look at the free one offered on this site: http://www.allstocks.com/level2quotesotcbb.html
Good luck all !!
------------------ "Humor. Don't leave home without it" !
posted
jeremy thanks again buddy....I feel so out of it that i wouldn't know what to do with stocks if it is not for you guys.. you people are BIG BIG help thank you so much..sorry about asking questions which seems pretty dumb or stupid for experts like you all i wish i know more to contribut on this board maybe in futre i m still learning
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Any way you look at it... it will close up strong... Retrace is very common... have no fear... continues to be one of the strongest trading stocks on the BB. mach
quote:Originally posted by PSU90: Mach.....I had to leave while this one was still climbing in the .008's. I set a GTC for free shares, but it didn't make it that far. Just curious what the selling volume has been? Heavy, or did the MM's taking it down on light selling?
quote:Originally posted by Jeremy: Stock Student, just to further illustrate my point I made a quick chart for cytp showing how to spot these longer term trends.
To spot a positive trend, you connect a series of lows. Which is illustrated here by the blue line. (To spot a negative trend, you connect the highs with a line)
Then I also labeled the most recent lows with red arrows, and the highs with green arrows. As you can see, the lows are getting higher, and the highs are getting higher So long term trend... follow the blue line, and it should continue to move that direction until something forces it to turn arround
Mach's alert got me looking at this stock. I noticed the uptrend that you charted, so I bought in Friday at $.006. Now I'm just trying to decide how many free shares I want to lock in. I may wait for double (.012) before I sell. I may get a little antsy, though, if it makes it into the .009's.
Kevin
Kevin
quote:Originally posted by Jeremy: Stock Student, just to further illustrate my point I made a quick chart for cytp showing how to spot these longer term trends.
To spot a positive trend, you connect a series of lows. Which is illustrated here by the blue line. (To spot a negative trend, you connect the highs with a line)
Then I also labeled the most recent lows with red arrows, and the highs with green arrows. As you can see, the lows are getting higher, and the highs are getting higher :) So long term trend... follow the blue line, and it should continue to move that direction until something forces it to turn arround :)
I hope that helps!
------------------ "I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use." - Galileo Galilei
posted
Killer Chart!....so the big question did anybody buy down in the .001zees or 2zees? I'm in @ .005, and want to thank you guys for the posts. NOW GO CYTP!!!!
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Testing $0.0085 again. Will it break through?
------------------ "I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use." - Galileo Galilei
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I was in at .0056... this is great! I'm starting to get a little nervous again though... Any prediction on how high CYTP will go short term here? It looks like a strong finish. I just don't want to hold on a little too long, like I did with ADOT.
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I wish someone could explain this to me: I had a sale in for 1/2 my shares @ .0099; several sales went through at .01, but mine just sat there. Talk about a rip-off ! When I call Schwab and talk to them about these stocks they act like they're talking about dirt, but I'll bet they make a LOT of money off these "penny" stocks ! I can see them on both sides of the level II, so you know they're right in the middle of all of it! Good luck to all !!! Fantastic run and nice chart Jeremy !!
------------------ "Humor. Don't leave home without it" !
[This message has been edited by breakout (edited October 20, 2003).]
posted
Oh Yeh!! Consolidated down to almost free shares BABY!!! Thx CYTP!!! Still Gots me a 600k share count. Good Luck Too All!!! Latah'. Q.
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Thanks for the replies; according to the level II it did break a penny, but I'm not gonna' worry about it. And I was only selling half my shares, not the whole lot. They wouldn've been free shares. Good luck all !!!!
------------------ "Humor. Don't leave home without it" !
posted
Remember after .01 your gains come twice as fast!!!!!!!!! I learned my lesson with IVOC selling @ .0099! A break past .01 is very significant and it will surge dramatically!