quote:Originally posted by cabbage22: A bag of starburst fruit chews next to my computer while I trade is probably the worst idea I've ever had, but at the same time so good
posted
Magoo, if PGHI is your first penny stock, you're one hell of a lucky guy because many lost money to the pennies before really understanding it's dynamics!
The penny is so much more different than the regular market, it's crazy!
GLTA!
quote:Originally posted by Magoo: When I started tradeing it was pop rocks.
quote:Originally posted by tommy: Magoo, if PGHI is your first penny stock, you're one hell of a lucky guy because many lost money to the pennies before really understanding it's dynamics!
The penny is so much more different than the regular market, it's crazy!
GLTA!
Tommy
to tell the truth I really do not understand the dynamics of the pennies. The reason that I got involved in PGHI is this thread,
I actuall have bought and sold a couple of other pennies with the suggestions from a friend but was guided entirely by him. I did make a little and then lost a little. The I sat back for about a year and checked several sites and this was the first one which really made a lot of sense to me.
The regular stock I have been involved in since the early seventies. However I do have a broker and leave it up mostly to him with the exception of a couple of my own picks.
So as far as stocks in general I am not an expert and do not pretend to be.
The people such as yourself on this board do have much more knowledge than I by a large margin.
What I do bring is a little more buying leverage as I have made most of my money through my years involved in bussiness.
On thing which I found interesting is that The Public Relations firm which John Flemming has choosen is the same one which handles one of my partners company.
to tell the truth I really do not understand the dynamics of the pennies. The reason that I got involved in PGHI is this thread,
I actuall have bought and sold a couple of other pennies with the suggestions from a friend but was guided entirely by him. I did make a little and then lost a little. The I sat back for about a year and checked several sites and this was the first one which really made a lot of sense to me.
The regular stock I have been involved in since the early seventies. However I do have a broker and leave it up mostly to him with the exception of a couple of my own picks.
So as far as stocks in general I am not an expert and do not pretend to be.
The people such as yourself on this board do have much more knowledge than I by a large margin.
What I do bring is a little more buying leverage as I have made most of my money through my years involved in bussiness.
On thing which I found interesting is that The Public Relations firm which John Flemming has choosen is the same one which handles one of my partners company.
posted
Magoo, I have heard so many bad stories of people losing a lot of money with brokers that I vowed to never let anyone else touch my portfolio!
Of course I have had some losses when I first started trading but I was lucky enough to get out quickly each time.
To be honest PGHI is the first penny that I've been holding and plan on holding for a long time! I usually only flip pennies for good and quick money but what started as a good trading opportunity here became an amazing investing opportunity!
quote:Originally posted by tommy: Magoo, I have heard so many bad stories of people losing a lot of money with brokers that I vowed to never let anyone else touch my portfolio!
Of course I have had some losses when I first started trading but I was lucky enough to get out quickly each time.
To be honest PGHI is the first penny that I've been holding and plan on holding for a long time! I usually only flip pennies for good and quick money but what started as a good trading opportunity here became an amazing investing opportunity!
GLTA!
I do agree with you about brokers to a certin point. Brokers are good if stocks are not something that you track and follow to the point of spending much time at it. You only have a broker if your attention is elsewhere. Most stocks with brokers are long term especially compaired to the pennies.
I look at the pennies at this point as a learning experience and a gamble. I am not really a gambler but the few times I have gone to Vegas or Reno I kinda figure what I want to loose and if I come home with some of that money then I feel that I am that much ahead.
My partners and I are looking at the PGHI venture sort of the same way.
My plans are that if John Flemming preforms on what he has said is short comming then I will go with a heavier investment into the company. That would be with the PPM or something of that sort.
posted
looking back at the charts, i think of how many times in the past couple of months i could have sold some shares and then bought back in order to get some more shares... but its just not worth the risk. not with this stock. because one of these days, this train is going to leave the station and it wont be coming back!
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posted
jr, it's always easier to see those moves AFTER the facts, it's very hard to time that sort of move during the process! Trust me I could have done it so many times since my entry at 0.008 but I was always afraid of missing the train!
GLTA!
quote:Originally posted by jr: looking back at the charts, i think of how many times in the past couple of months i could have sold some shares and then bought back in order to get some more shares... but its just not worth the risk. not with this stock. because one of these days, this train is going to leave the station and it wont be coming back!
posted
BOLLINGER BANDS All Breakouts occur when the stock is traveling up the UPPER bollinger band, and crosses over it. Some may think crossing the upper BB is a sign of a point to sell- THAT IS WRONG- it is extremely BULLISH because it shows a break in a resistence point. When prices move outside the bands, a continuation of the current trend can be implied.
In PGHI's case, that would be .049- We have never traded at these levels and will have very little resistence due to lack of ask overhead, most resistence will be MM shorting, which will be very scarce IMO
EMA's>> as pointed out by Tommy, 5 DAY EMA is .04, very bullish
MACD>> Still looking great, bullish
On Balance Volume>> a measure of Buyers/Sellers, OBV is increasing, bullish
STOKES>> See chart below, at 58, Still a long ways to go- bullish
VOLUME!!!!>> 10 MILLION ON ZERO NEWS- bullish
CLOSE>> HIGHEST CLOSE IN PGHI's HISTORY- shows confidence in the market- bullish
Breakout Imminent
[/B]
------------------ cabbage22 - thank technical analysis for God
[This message has been edited by cabbage22 (edited December 30, 2003).]
[This message has been edited by cabbage22 (edited December 30, 2003).]
quote:Originally posted by cabbage22: [b]BOLLINGER BANDS All Breakouts occur when the stock is traveling up the UPPER bollinger band, and crosses over it. Some may think crossing the upper BB is a sign of a point to sell- THAT IS WRONG- it is extremely BULLISH because it shows a break in a resistence point.
In PGHI's case, that would be .049- We have never traded at these levels and will have very little resistence due to lack of ask overhead, most resistence will be MM shorting, which will be very scarce IMO
EMA's>> as pointed out by Tommy, 5 DAY EMA is .04, very bullish
MACD>> Still looking great, bullish
On Balance Volume>> a measure of Buyers/Sellers, OBV is increasing, bullish
STOKES>> See chart below, at 58, Still a long ways to go- bullish
VOLUME!!!!>> 10 MILLION ON ZERO NEWS- bullish
CLOSE>> HIGHEST CLOSE IN PGHI's HISTORY- shows confidence in the market- bullish
posted
For the past 15 trading sessions the MMs have pretty much controlled each session, but they have allowed occasional spikes. This tells me the MMs know they are facing the Symbol Change, but don’t know when to expect it; hence, the MMs are being careful so they don’t get caught naked with short positions. The MMs also know resistance above $0.05 does not exist – I have been watching MM signals very closely for the past week, and the most active is – Trade Sideways – which in essence means, the MMs can keep up and hold favorable inventories without going naked….
When PGHI breaks out … the MMs will let it run wherever supply and demand takes it for the first big run, then the shakeout of fraidycat longs will begin, and it is my bet the MMs will make that one … very rough … maybe as strong as 40%. That way the MMs can fill their coffers for a sustained run, which will inevitably happen before PGHI PPS will begin to stabilize.
If John Fleming knows his stuff (and I think he does), he will use MM tactics to PGHI shareholder’s advantage. I say that because of two factors: 1) the quicker PGHI moves above $1.00 – the sooner the company could do a Reverse Split and take the PPS above $5.00 – which is where it should be to make the move to a Major Index, preferably the NASDAQ – but the NYSE is not out of the question…!: 2) The higher the PPS, more $$ can be gleaned from the PPM with less numbers of shares…!
posted
jwhite2913 is a very respectable and knowledgeable trader with a lot of experience (30+ years of trading). I respect him and his opinion very much. Listen to him and you will learn a whole lot!
Holding strong is the best way to twart the MM's after the big run, if you're weak then you're gonna pay the price when this nany hits the dollar realm!
GLTA!
quote:Originally posted by jwhite2913: For the past 15 trading sessions the MMs have pretty much controlled each session, but they have allowed occasional spikes. This tells me the MMs know they are facing the Symbol Change, but don’t know when to expect it; hence, the MMs are being careful so they don’t get caught naked with short positions. The MMs also know resistance above $0.05 does not exist – I have been watching MM signals very closely for the past week, and the most active is – Trade Sideways – which in essence means, the MMs can keep up and hold favorable inventories without going naked….
When PGHI breaks out … the MMs will let it run wherever supply and demand takes it for the first big run, then the shakeout of fraidycat longs will begin, and it is my bet the MMs will make that one … very rough … maybe as strong as 40%. That way the MMs can fill their coffers for a sustained run, which will inevitably happen before PGHI PPS will begin to stabilize.
If John Fleming knows his stuff (and I think he does), he will use MM tactics to PGHI shareholder’s advantage. I say that because of two factors: 1) the quicker PGHI moves above $1.00 – the sooner the company could do a Reverse Split and take the PPS above $5.00 – which is where it should be to make the move to a Major Index, preferably the NASDAQ – but the NYSE is not out of the question…!: 2) The higher the PPS, more $$ can be gleaned from the PPM with less numbers of shares…!
posted
Oops I meant "when this baby hits the dollar realm", not "nany"! Darn keyboard!
quote:Originally posted by tommy: jwhite2913 is a very respectable and knowledgeable trader with a lot of experience (30+ years of trading). I respect him and his opinion very much. Listen to him and you will learn a whole lot!
Holding strong is the best way to twart the MM's after the big run, if you're weak then you're gonna pay the price when this nany hits the dollar realm!
quote:Originally posted by jwhite2913: For the past 15 trading sessions the MMs have pretty much controlled each session, but they have allowed occasional spikes. This tells me the MMs know they are facing the Symbol Change, but don’t know when to expect it; hence, the MMs are being careful so they don’t get caught naked with short positions. The MMs also know resistance above $0.05 does not exist – I have been watching MM signals very closely for the past week, and the most active is – Trade Sideways – which in essence means, the MMs can keep up and hold favorable inventories without going naked….
When PGHI breaks out … the MMs will let it run wherever supply and demand takes it for the first big run, then the shakeout of fraidycat longs will begin, and it is my bet the MMs will make that one … very rough … maybe as strong as 40%. That way the MMs can fill their coffers for a sustained run, which will inevitably happen before PGHI PPS will begin to stabilize.
If John Fleming knows his stuff (and I think he does), he will use MM tactics to PGHI shareholder’s advantage. I say that because of two factors: 1) the quicker PGHI moves above $1.00 – the sooner the company could do a Reverse Split and take the PPS above $5.00 – which is where it should be to make the move to a Major Index, preferably the NASDAQ – but the NYSE is not out of the question…!: 2) The higher the PPS, more $$ can be gleaned from the PPM with less numbers of shares…!
posted
Great analyis Cabbage. Mav and I were talking recently about how much time and energy you are saving us on tech analyis. Keep up the great work! mach
quote:Originally posted by cabbage22: [b]BOLLINGER BANDS All Breakouts occur when the stock is traveling up the UPPER bollinger band, and crosses over it. Some may think crossing the upper BB is a sign of a point to sell- THAT IS WRONG- it is extremely BULLISH because it shows a break in a resistence point. When prices move outside the bands, a continuation of the current trend can be implied.
In PGHI's case, that would be .049- We have never traded at these levels and will have very little resistence due to lack of ask overhead, most resistence will be MM shorting, which will be very scarce IMO
EMA's>> as pointed out by Tommy, 5 DAY EMA is .04, very bullish
MACD>> Still looking great, bullish
On Balance Volume>> a measure of Buyers/Sellers, OBV is increasing, bullish
STOKES>> See chart below, at 58, Still a long ways to go- bullish
VOLUME!!!!>> 10 MILLION ON ZERO NEWS- bullish
CLOSE>> HIGHEST CLOSE IN PGHI's HISTORY- shows confidence in the market- bullish
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 8120852
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 13549245
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 8036716
CANDLESTICK CHARTING PATTERNS ASCENDING TRIANGLE PATTERN OCCURING BREAKOUT IMMINENT (Link Provided) Let's talk about the ASCENDING TRIANGLE... This pattern is occuring here and will eventually lead to our BREAKOUT...
On the ascending triangle, the horizontal line represents overhead supply that prevents the security from moving past a certain level. It is as if a large sell order has been placed at this level and it is taking a number of weeks or months to execute, thus preventing the price from rising further. Even though the price cannot rise past this level, the reaction lows continue to rise. It is these higher lows that indicate increased buying pressure and give the ascending triangle its bullish bias. http://stockcharts.com/education/ChartAnalysis/triangle-Ascending.html
quote:Originally posted by Mav: ASCENDING TRIANGLE AT PGHI ....
posted
Namechange potential impact example for newbies:
quote:Originally posted by cabbage22: IDNW recently went through a symbol change, and look at the impact it had on the stock's performance as the shorts were forced to buy back. The symbol is now GLBT, and is trading around .23
I wonder what PGHI's new symbol will be...maybe GMFX?
Just wondering if anyone knows what kind of inventory VeeGeeZ carries on each game title. I've noticed a decline in the % of titles and new releases available. I would normally say statistically this is a good thing but if the inventory is not high enough it could lead to unsatisfied customers, and I don't think any of us wants to see that. Also I've heard Mach talk about marketing. About the best marketing I can think of right now for this time of year would be to have a really cool commercial for the Superbowl that would get the attention of Millions of people all in just 30 seconds. Anyway everythings looking good I've got my tray put away, seat in the upright position and I'm ready for take off.
posted
Hello all, GREAT thread with informitive charts, Question. How long after the announcment of a symbol change by the co. does it normally take before it trades under the new symbol? TIA
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sorry to have been out of the loop here for the last several days. this is a great stock and a great thread. i found out yesterday that my portfolio can have mid 5 digit days on auto pilot and with me out catching sushi.
i do not intend to sell one share of this until i see the business plan evolve into a working company. it is great to be in at the base building phase of something with this much potential. i made 500% on ibzt in the last 2 weeks and am not nearly as optimistic and excited about it's future as i am about pghi. good luck to all of the strong longs here.
posted
stewartfan, tommy posted a timeline with all the steps for the name/symbol change awhile back.. i cant seem to find it, but i know its there. the name change is a comlicated process, but the symbol change only takes a few days once the paperwork is filed. i think. both should be in affect very soon
quote:Originally posted by stewartfan: Hello all, GREAT thread with informitive charts, Question. How long after the announcment of a symbol change by the co. does it normally take before it trades under the new symbol? TIA
posted
just a little slow today because some weak people are starting to take profits after such a rise in the market as yesterday. i think that later in the day we r poised for a steady run
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KC posted: "Just got another 55K at .04 The 420 shares was mine on a partial fill. Took about a half hour to fill all 55K."
JR posted: i saw a 400 sale go through a few minutes ago (mm signal to trade sidewayz)
Don't really know the accuracy of the MM signaling via level II. I don't doubt that it happens, just don't know if the matrix people are referencing is accurate. The above post signifies this. -Marty
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