posted
Thanks Cabbage, I wattch PRVH very closely as I've done very well with it. I'm thinking that when BTLY finally breaks that it will go over .06. We'll see.
/
quote:Originally posted by cabbage22: PRVH is one to keep an eye on, try not to pick bottoms though, wait till it has moved.
BTLY is doing great, still buying pressure at .03 and hardly any selling.
Posts: 1431 | From: Boulder, CO | Registered: Oct 2003
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posted
I'm surprized the volume hasn't picked up by now. really isn't much time left before the 12th. Charts show a jump in Oct., any chance MMs covered some shorts then?
dz
Posts: 1431 | From: Boulder, CO | Registered: Oct 2003
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posted
Some volume would be nice. Yesterday and today the volume was very heavy in the mornings. There has been a ton of buying at .03 but the MM's (NITE in particular) have held the line.
posted
Sorry again...I also hold BTLY...But only 25000 shares...But just wanted to make sure everyone knows about GBMI...zo...
Posts: 1025 | From: los angeles | Registered: Sep 2003
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posted
Looks like a shake attempt here. Hundreds of thousands of shares bought over the past two days at .03. Now one or two sales at .029 for only about 30K and they drop the bid? Scare tactic IMO.
Posts: 851 | From: PA | Registered: Jul 2003
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posted
Glad you actually understood my "first" TA. Means I'm actually doing it right As I understand more, the more confident I am with the world of trading/investing.
quote:Originally posted by machtabow: coolorngefreeze,
Thanks for your great post and DD. It was greatly appreciated. Looking good. mach
posted
PSU, I think you're right on with your assessment of the situation. We've seen this before, right before a big run, where supposedly NOTHING was going on (and I'm NOT SAYING A BIG RUN IS GOING TO OCCUR.... But, I do think something's going on, and it's as you stated, trying to shake out weak hands; I mean, I'll surely admit that in the far past, I've seen situations like this, and I just said "well, whatever [for lack of the real term]", and sold just to get back even, or a little bit ahead, or even at a loss. I strongly think that's what we're seeing right now. Low volume, drop in ask, albeit small, and just the total psychological factor of "nothing's happening here, so sell !!!", and we have the perfect setup for the MM's. And no, I don't adhere to any conspiracy theories, but I do believe that everyone is on his own, and if the MM's, or anyone else, can seed fear and lack of conviction regarding a stock, they'll do it, knowing they'll make a killing in the future. I would tell all members to hold your positions, regardless. This is just one day, and tomorrow may be worse, but I don't think this can last too long. Anyway, JMHO !!!!! Good luck all members !!!
------------------ "... For the things which are seen are temporary, but the things which are not seen are eternal." 2 Cor. 4:18
[This message has been edited by breakout (edited January 08, 2004).]
[This message has been edited by breakout (edited January 08, 2004).]
Posts: 304 | From: conroe, tx, USA | Registered: Oct 2003
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posted
Hey team, Just got back from sending more money to my new FREETRADE ACCOUNT. Thanks to the suggestion of PSU. My highest recommendaton... I had orders in for shares yesterday with Etrade and they were never filled... ever... all day. I placed an order below my ETRADE bid via Freetrade and was filled within 10 seconds! Really! This is true! Etrade is a horrible brokerage. I could say more... but im gradually taking all of my money and placing it in freetrade. Etrade did not deserve the $30000 ive paid them to execute my 3000 plus trades with them. Take care! mach
quote:Originally posted by zo: Sorry again...I also hold BTLY...But only 25000 shares...But just wanted to make sure everyone knows about GBMI...zo...
posted
breakout! You are right.... It's all about patience. Trading is not about making a quick ... buck... although that is nice... sometimes you just need to be patient... Let them MM do there thing and hold on tight for the big ride! BTLY is an awesome stock to hold! Take care! mach
quote:Originally posted by breakout: PSU, I think you're right on with your assessment of the situation. We've seen this before, right before a big run, where supposedly NOTHING was going on (and I'm NOT SAYING A BIG RUN IS GOING TO OCCUR.... But, I do think something's going on, and it's as you stated, trying to shake out weak hands; I mean, I'll surely admit that in the far past, I've seen situations like this, and I just said "well, whatever [for lack of the real term]", and sold just to get back even, or a little bit ahead, or even at a loss. I strongly think that's what we're seeing right now. Low volume, drop in ask, albeit small, and just the total psychological factor of "nothing's happening here, so sell !!!", and we have the perfect setup for the MM's. And no, I don't adhere to any conspiracy theories, but I do believe that everyone is on his own, and if the MM's, or anyone else, can seed fear and lack of conviction regarding a stock, they'll do it, knowing they'll make a killing in the future. I would tell all members to hold your positions, regardless. This is just one day, and tomorrow may be worse, but I don't think this can last too long. Anyway, JMHO !!!!! Good luck all members !!!
posted
I also agree on this, we are about to see a mayor move here very soon, I have been looking to events like this in the past and the pattern is exactly the same, this is the time to accumulate before the big move.
[QUOTE]Originally posted by breakout: [B]PSU, I think you're right on with your assessment of the situation. We've seen this before, right before a big run......
posted
Patience... I never give time frames... but a move will happen soon. Watch the MACD move and cross the centerline! You will see a big move then. Take care. mach
quote:Originally posted by scott3283r: any idea when btly may move to o.o4 or 0.05? newbee
posted
Denzen... I have watched PRVH. I do like what the companies doing. I will need to take a better look at the charts for entry. Take care. Thanks for the heads up! mach
quote:Originally posted by denzen: Mach and Mav, you guys have expounded on the triple bottom. Will you please take a look at PRVH. I see it forming one now at @ .20 and thats a cheap price to pay for a company that is earning .05/sh. profit last quarter and probably the next couple also.They are also going to pay a 20% div. mid summer. They have been as high as.38 just last Nov.
posted
Hmmm. I use Etrade and have been frustrated by the execution of trades. What's the best way to transfer or I should ask can I transfer positions and funds quickly?
dz
/
quote:Originally posted by machtabow: Hey team, Just got back from sending more money to my new FREETRADE ACCOUNT. Thanks to the suggestion of PSU. My highest recommendaton... I had orders in for shares yesterday with Etrade and they were never filled... ever... all day. I placed an order below my ETRADE bid via Freetrade and was filled within 10 seconds! Really! This is true! Etrade is a horrible brokerage. I could say more... but im gradually taking all of my money and placing it in freetrade. Etrade did not deserve the $30000 ive paid them to execute my 3000 plus trades with them. Take care! mach
Posts: 1431 | From: Boulder, CO | Registered: Oct 2003
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posted
Denzen... I trade with two ETRADE accounts... one for a family member. It is a rip off! I realized talking to MAV realtime whom has Ameritrade... that his executions were lightening fast compared to my turtle walk... I often waited for hours only to listen to Mav tell me that he was filled within minutes. I did the research and learned Ameritrade & Freetrade by Ameritrade have Auto Routing... which means it goes to the first available MM or ECN for execution. Whereas Etrade has only two MM that work all BB stock trades. They need to physically work your order and make calls for execution!!!!!!!!! What a stinking joke! What a rip! I realized that I was losing thousands and paying this company to $10 a trade to lose thousands. i also looked at my 3000 trades and realized that I payed them $30000 and continue to pay them to not execute correctly! How often do you see Bid/Ask and place an order without execution. To make matters worse... their Customer Service will sweet talk you... but thats about it... calling them has been worthless. Nothing is ever accomplished. Also, My Visa Checkcard by Etrade never works for cash withdrawlsl... really I go... try to take out cash... and it doesn't work... I have much money in these accounts... and i can not take out a few hundred dollars.... To top it off... yesterday I learned that they debited my account $400 bucks for a atm transaction that never worked! I hate Etrade! I encourage all to change to Freetrade... this is real money we are talking about! You could be a victim as I have realized I am. Freetrade gives you 20 freetrades per month! Thats $200 in the bank and then only charges you a few dollars per trade afterward! This is a must for all daytraders of penny stock! And no its fairly easy to open an account... You can transfer everything pretty fast... though I continue wiring in money! Take care! I'd love to learn of every single person that changes from Etrade to Freetrade... it will make me feel better. They do not deserve our business. Seriously! mach
quote:Originally posted by denzen: Hmmm. I use Etrade and have been frustrated by the execution of trades. What's the best way to transfer or I should ask can I transfer positions and funds quickly?
quote:Originally posted by machtabow: Denzen... I trade with two ETRADE accounts... one for a family member. It is a rip off! I realized talking to MAV realtime whom has Ameritrade... that his executions were lightening fast compared to my turtle walk... I often waited for hours only to listen to Mav tell me that he was filled within minutes. I did the research and learned Ameritrade & Freetrade by Ameritrade have Auto Routing... which means it goes to the first available MM or ECN for execution. Whereas Etrade has only two MM that work all BB stock trades. They need to physically work your order and make calls for execution!!!!!!!!! What a stinking joke! What a rip! I realized that I was losing thousands and paying this company to $10 a trade to lose thousands. i also looked at my 3000 trades and realized that I payed them $30000 and continue to pay them to not execute correctly! How often do you see Bid/Ask and place an order without execution. To make matters worse... their Customer Service will sweet talk you... but thats about it... calling them has been worthless. Nothing is ever accomplished. Also, My Visa Checkcard by Etrade never works for cash withdrawlsl... really I go... try to take out cash... and it doesn't work... I have much money in these accounts... and i can not take out a few hundred dollars.... To top it off... yesterday I learned that they debited my account $400 bucks for a atm transaction that never worked! I hate Etrade! I encourage all to change to Freetrade... this is real money we are talking about! You could be a victim as I have realized I am. Freetrade gives you 20 freetrades per month! Thats $200 in the bank and then only charges you a few dollars per trade afterward! This is a must for all daytraders of penny stock! And no its fairly easy to open an account... You can transfer everything pretty fast... though I continue wiring in money! Take care! I'd love to learn of every single person that changes from Etrade to Freetrade... it will make me feel better. They do not deserve our business. Seriously! mach
I use Ameritrade.. but I'm quite interested to know more about Freetrade. It sounds really good. Did you say Freetrade was by Ameritrade? A subsidiary?
Can anyone compare these two? I must say that I really like Ameritrade's Streamer, Last Sale and Level Two java screens.
The only thing I dislike is that it appears I can only have one level 2 screen open at one time... covering 1 stock at a time. Same with the last trade.
Come to think of it, I should probably use both.. Freetrade to make the trades and Ameritrade to track the market.
Does Freetrade offer any cool tools to view what's happening? (Real time Level II, Last Sale, etc.)
Looking forward to good things with BTLY!
Ralph
[This message has been edited by FlyWolf (edited January 08, 2004).]
posted
Hrm, Ameritrade will allow you to hold open 3x lvl II quotes simultaneously from either the command center or the streamer console.
Posts: 65 | Registered: Oct 2003
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quote:Originally posted by chrispete: Hrm, Ameritrade will allow you to hold open 3x lvl II quotes simultaneously from either the command center or the streamer console.
Hey,
You're right! What about the Last Sale feature? I could never get it to show more than one at a time... so I assumed Level II was the same way.
posted
What I've discovered... is that Freetrade uses Ameritrades Trading Platform and tools... Check it out! Freetrade.com
I think its certainly worth saving $11 per trade if you do not use customer service. With Freetrade they have only online customer service... but it's very fast and thourough.
Imho... the speed of Ameritrade with Ameritrade tools plus 20 free trades plus $1, $2, $3 afterward as per their commission schedule. It's really nice. PSU pointed this out to me. And i tested the speed. Wow! 20 times faster fills than Etrade! Take care. mach
quote:Originally posted by FlyWolf: I use Ameritrade.. but I'm quite interested to know more about Freetrade. It sounds really good. Did you say Freetrade was by Ameritrade? A subsidiary?
Can anyone compare these two? I must say that I really like Ameritrade's Streamer, Last Sale and Level Two java screens.
The only thing I dislike is that it appears I can only have one level 2 screen open at one time... covering 1 stock at a time. Same with the last trade.
Come to think of it, I should probably use both.. Freetrade to make the trades and Ameritrade to track the market.
Does Freetrade offer any cool tools to view what's happening? (Real time Level II, Last Sale, etc.)
Looking forward to good things with BTLY!
Ralph
[This message has been edited by FlyWolf (edited January 08, 2004).]
posted
Great to hear you made the change Mach! I love Freetrade! When the year is over, just think of the HUGE amount of money you will have saved on commissions!
PSU
quote:Originally posted by machtabow: Hey team, Just got back from sending more money to my new FREETRADE ACCOUNT. Thanks to the suggestion of PSU. My highest recommendaton... I had orders in for shares yesterday with Etrade and they were never filled... ever... all day. I placed an order below my ETRADE bid via Freetrade and was filled within 10 seconds! Really! This is true! Etrade is a horrible brokerage. I could say more... but im gradually taking all of my money and placing it in freetrade. Etrade did not deserve the $30000 ive paid them to execute my 3000 plus trades with them. Take care! mach
posted
Flywolf....I just transferred my Ameritrade account to Freetrade at the beginning of the year. Freetrade is virtually identical, except they use a different color scheme. Freetrade is a division of Ameritrade. The internal transfer took only 1.5 days! The only thing that can slow you down is that all positions must be closed and trades settled for the transfer.
The tools are the same. The difference being that if you qualify for Ameritrade Apex, you get them free. With Freetrade you will have to pay for level 2, streamer, advanced analyzer etc. But think about it. 20 free trades is $240/month. That will more than pay for the tools.
quote:Originally posted by FlyWolf: I use Ameritrade.. but I'm quite interested to know more about Freetrade. It sounds really good. Did you say Freetrade was by Ameritrade? A subsidiary?
Can anyone compare these two? I must say that I really like Ameritrade's Streamer, Last Sale and Level Two java screens.
The only thing I dislike is that it appears I can only have one level 2 screen open at one time... covering 1 stock at a time. Same with the last trade.
Come to think of it, I should probably use both.. Freetrade to make the trades and Ameritrade to track the market.
Does Freetrade offer any cool tools to view what's happening? (Real time Level II, Last Sale, etc.)
Looking forward to good things with BTLY!
Ralph
[This message has been edited by FlyWolf (edited January 08, 2004).]
posted
We are looking good, patience is the key here, next week is very soon.
BTLY - BENTLEY COMMS (OTCBB) Date Open High Low Last Change Volume % Change 01/08/04 0.0300 0.0300 0.0270 0.0295 +0.0014 2129661 +4.98%
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Hold 20 - 50 Day MACD Oscillator Hold 20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Buy 20-Day Average Volume - 1331740
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Hold 20 - 100 Day MACD Oscillator Hold 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 25% - Buy 50-Day Average Volume - 2090194
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Hold 50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: - Hold 100-Day Average Volume - 2663426
posted
I hope you meant .06! <G>! IMO it all depends on volume. I'm anxious to see how interest picks up tomorrow and Monday. The comparisons we've been able to find for symbol changes all seem to show that .06 is possible....and potentially more! Some positive PR with at the time of change would be a nice plus too!
PSU
quote:Originally posted by scott3283r: I look foward to a nice take home!! i think we could see .006 buy mid day monday!!!
posted
YEP On one side you got cheap online systems @$7=11 and on the other you got fast,great fills @ $35. What does one do ?????????????
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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posted
V... I do not get this message.... Who pays $35 for fills? Take care. mach
quote:Originally posted by VNGNTN1: YEP On one side you got cheap online systems @$7=11 and on the other you got fast,great fills @ $35. What does one do ?????????????
posted
Next week will be very interesting indeed. Techs are looking strong and stronger. Wouldn't be suprised if we had a "huge" pr Monday along with the Cusip and name change. Take Care. Mach
quote:Originally posted by PSU90: I hope you meant .06! <G>! IMO it all depends on volume. I'm anxious to see how interest picks up tomorrow and Monday. The comparisons we've been able to find for symbol changes all seem to show that .06 is possible....and potentially more! Some positive PR with at the time of change would be a nice plus too!
posted
My techs also look very good. Tommorrow I will try to accumulate more.
quote:Originally posted by machtabow: Next week will be very interesting indeed. Techs are looking strong and stronger. Wouldn't be suprised if we had a "huge" pr Monday along with the Cusip and name change. Take Care. Mach
posted
Mav, I won't say too much more! For those who are in... I see great rewards soon! If anyone read my BTLY Tech analysis 101 post... you can see... today how close the MACD is to moving beyond the Centerline! We shall see how bullish this is when that occurs! Take care. Patience will pay big time! mach
posted
Mach, indeed great looking chart!!, by the way it looks, be ready for some move. By those accumulating already... good move.
quote:Originally posted by machtabow: Mav, I won't say too much more! For those who are in... I see great rewards soon! If anyone read my BTLY Tech analysis 101 post... you can see... today how close the MACD is to moving beyond the Centerline! We shall see how bullish this is when that occurs! Take care. Patience will pay big time! mach
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As I understand more, the more confident I am with the world of trading/investing.
