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Use your best judgement for entry and exit points.
I recommended CYTP a few weeks back when it was trading below .004 based on (1) Technicals which indicated a big move forthcoming, (2) The possibility of an acquisition announcement forthcoming.
Technicals being the strongest of any sub penny stock that I could find at the time. Understand that the float here is only 300 million. When the bulls are in control... as is apparent here... and the stock is trading 100 million plus daily... a big upward move is imminent.
Yes, nothing goes straight up and we waitied patiently last week with four down days. Eveyone whom bought during that time was greatly rewarded and many here are now proud to say they are among the "Free Share Club."
Why do I and others enjoy trading CYTP so much... because we can proclaim that it has in fact increased our portfolio and believe it will continue to do so substantially.
Finally emunahstock... If you'd like to learn more. Their are many messages including my very first which go into greater detail.
Market Sentiment. Mach
quote:Originally posted by emunahstock: so you gana tell me why you like it now if you have a minute and at what # we should buy in today
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If there are any newbies out there and would like to learn a little about cytp, and a whole lot in general. Read the last 550+ posts. You can overlook anything said by me, I'll tell you right now, I'm in the newbie boat. But Mach, and Bhodi are two people you could stand to learn something from by reading their posts, and they were the ones who initially got talking about this one. I'm just happy to be here.
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Anyone with live Level 2 .. what does it look like any indications that it may pull back a bit??? Any indication of a good re-entry point?
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I'm going to say .0091 would be a pretty good entry point. I think it will get down just slightly lower than that, but that's fairly safe. If you see it start to reverse on the macd or rsi, just get in.
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lookin like it may even be in the high eights. The entry point that is. hard t say this early in the morning. I'm not too good at judging pull backs after gaps.
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every nut no matter how tough get crack after a while....so bhodi I am sure it will go pass 0.011... ohh commonn cytp make me rich today wish i had more then 40k share...got 100% already....going uppppppppppppppppppppppppp
quote:Originally posted by Bhodisatva19: looks like .011 is going to be a tough nut to crack. ouch
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gosh, I think we'll trade 300M shares no problem. That's the float. I'm pumped. What do you think is up with any PR. They say buy on rumor sell on news, do you think after this much activity the news could actually make it better or extend the run? If it hits that is... I'd be a little leary of anything messing with our run. Mach, where do you see this one going by the end of the week? I'm guessing we'll be strong all day today, and see profit taking tomorrow, would you agree, or do you think this is the exception to the rule?
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