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I watched this one. Once there was a sell for 100000 it dropped back to .29 and fell since. Whoever it was that sold the 100000 made a good 500 bucks. Sounds like a pump and dump to me. Hopefully more peeps than this guy will make some cash on this one. Posts: 237 | From: CT | Registered: Jul 2004
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GAMX .030 bid was tempting to lock-in profits, but would just have to buy back there or higher for price-push that will surely come from rumors of news coming on Thursday.
Posts: 323 | Registered: May 2004
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Let's hope the one pumpin isn't buying days before and then giving us the "buy", and dumpin. (joking) Last news was on 29th and supp to get more on thurs. CD
quote:Originally posted by Poot Poot: I watched this one. Once there was a sell for 100000 it dropped back to .29 and fell since. Whoever it was that sold the 100000 made a good 500 bucks. Sounds like a pump and dump to me. Hopefully more peeps than this guy will make some cash on this one.
Posts: 240 | From: Buda, Texas, USA | Registered: May 2004
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Yea apparently news coming out on Thursday - watch it to steadily rise to Thursday and then pop. Thats the info I'm getting. Good luck everyone.
Posts: 1451 | From: Somersworth, NH | Registered: May 2004
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Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Hold 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Sell 20 Day Bollinger Bands Hold
Short Term Indicators Average: 20% - Buy Posts: 1451 | From: Somersworth, NH | Registered: May 2004
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Don't have an L2, but do have the daily sells etc... and someone picked up some low prices, and the rest piced them up after told about it.... hummmmm, pump and dump worries me here.... We will see on Thurs and I DO hope I am wrong. L2 would help maybe try to figure it out. CD Date Volume 08/03/04 175800 -13.73% 08/02/04 2831600 (date of "buy")+6.25% 07/30/04 1773800 (news out in late emails) 07/29/04 262500 +8.70% Up poss. due to buys? 07/28/04 392500 -14.81%
Total Profit from Trades 1 Trades 0.1130
Posts: 240 | From: Buda, Texas, USA | Registered: May 2004
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I have bought GAMX but just curious with questions. I guess it is called doing my DD. I am also a member of the boards where these came from and really like the boards. With that said here is what I wonder about while doing my DD:
Not bashing, and I apologize if I hurt feelings and esp. if I am wrong, but curious: was the 73% after everyone was told, or did the % count start 1-2 days before. Barchart doesn't show 73%. http://quotes.barchart.com/quote.asp?sym=autq
No where does it show 73%, unless you want to count the days nobody was alerted yet, but even then it doesn't have any day over 30%, and that was the "buy" date.
Reason I am asking is so I am not buying at a higher price from someone selling something they bought the day before: AUTQ - I pulled a chart that starts 3 days before the alert came out. Vol and price low on those days, Look st the Tuesdays vol was UP, and the price was low. The alert came out and the price of course goes up with the vol. Date Open High Low Last Change Volume % Change 08/02/04 0.0300 0.0300 0.0250 0.0260 -0.0030 50200 -10.34% 07/30/04 0.0250 0.0300 0.0250 0.0290 unch 129600 unch% 07/29/04 0.0400 0.0400 0.0240 0.0290 -0.0100 474300 -25.64% 07/28/04 0.0300 0.0520 0.0300 0.0390 +0.0090 1880300 +30.00%
My alert for GAMX came late on Friday. Tuesday shows buys between 50-100,000. The next day, after the alert someone had to sell to make all those buys go through. Someone loaded up on Tuesday at .020, and there were sells going thru at .032 on the buy day.
Look at the dates and prices. Period 5-Day High 0.0520 on 07/28/04 Low 0.0220 on 07/27/04
On GAMX The chart shows a big buy on Thursday, the day before the alert came out. There also was someone who sold and banked $500 or so right after the bell so to speak. The price on Thur was rock bottom.
-- Period -- -- High -- -- Low -- 5-Day 0.0320 on 08/02/04 0.0200 on 07/28/04
I hope I am wrong, and sorry if the pattern I am seeing is wrong. Ka-Ching this is not directed at you, I only replied because of the 73% and I didn't see it. Please, do not be offended. Thanks. CD
quote:Originally posted by Ka-Ching: GAMX nice swing starting! Official Alert for 2 Yahoo Groups! Last such pick zoomed up 73%!
[This message has been edited by Candydish (edited August 03, 2004).]
Posts: 240 | From: Buda, Texas, USA | Registered: May 2004
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well those last two quotes made me skeptical, but just as I was about to cancel my open order it filled, so I guess I'm in at 0.022. I hope it's worth it.
Posts: 35 | Registered: Aug 2004
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quote:Originally posted by vijay12: well those last two quotes made me skeptical, but just as I was about to cancel my open order it filled, so I guess I'm in at 0.022. I hope it's worth it.
Thursdays supposed to have news. Im in too - we'll see.
posted
Bump, don't wanna loose this thread. Doesn't feel like a "hot stock" right now. Again, I will be patient and see what Thur brings. CD
Posts: 240 | From: Buda, Texas, USA | Registered: May 2004
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I noticed the "group" info said if you day traded yesterday you made 25%. I don't know of anyone who got in at the "low" or sold at the high, but it still isn't 25%. How are they figuring the %. I must be missing something. I am looking at Barchart and smallcap center etc... and they have a loss or - showing.
Edited: WAIT, Silly me!! If you bought Tuesday, before the alert, then maybe you were the person who sold to us and made the $500 profit. Maybe that is the 25%???
CD
[This message has been edited by Candydish (edited August 04, 2004).]
Posts: 240 | From: Buda, Texas, USA | Registered: May 2004
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news is coming...it will be more then likely monday now thats all...were all still good for this one
Posts: 87 | Registered: May 2004
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Candydish, No problem. The 73% move I was referring to was for AUTQ, which was alerted by these folks: http://www.bullishbreakouts.com/ . If you look on their homepage, they posted @ .03 Ask, and steadily moved up to an .052 HOD. I was not referring to GAMX. However, I did squeeze-out a quick 11% pop when they alerted on Monday. Waiting to get in on news as well.
quote: I hope I am wrong, and sorry if the pattern I am seeing is wrong. Ka-Ching this is not directed at you, I only replied because of the 73% and I didn't see it. Please, do not be offended. Thanks. CD
[This message has been edited by Candydish (edited August 03, 2004).][/B]
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AGREE, I'm in the darn newspaper boat with everyone, and it is the first time I have done this "type" of trade and prob. the last. I know what my paper boats did when I was young and put them in water. Prob is by the time the alert... oh well, like I said lots of low buys days before the alert... and counting those buys as part of the "run"... To me anything before the alert doesn't "count" towards % earned since we didn't get "in" on the buys days before the alert like some buyers who did get the 25% run. Wonder who they were selling to.... Duhhh, me!
Candydish, you know to do your DD, but Nooooo, you did an impulse buy... Now, I am talking to myself... hahaha, so long as I don't start answering myself or I may need to borrow some haldol or thorazine from my patients. Ya live and learn. CD
quote:Originally posted by keithsan: so your still holding after the 25% run up and the 15% decrease below support?
just for news?
odd way to trade but good luck. ALERT us later when all is good.
Posts: 240 | From: Buda, Texas, USA | Registered: May 2004
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I would be careful with these buy alerts. Take a good look at AUTQ that came out last Tuesday. It is closing the doors on its business and leaving everybody to fend for themselves. This is, as far as I am concerned, a pump and dump scheme from the Yahoo group and the person that posts this info here (Novocain is it). I wouldn't be a bit supprised to see GAMX come out with the same type of news. That is probably the news everyone is waiting for. I sure hope I am wrong for you people that are in on this.
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