quote:Originally posted by MW: what do you think BigTip we gonna set a new 52 week high this week?
It is very possible but don't get you're hopes up. Let's break the penny mark which should & might happen tomorrow with enough volume.
Honestly, I am on my feet waiting and hoping for a retrace, but it hasn't happened.
HAVE YOU GUYS EVER SEEN A STOCK CHART WHERE THERE WAS A STRAIGHT LINE UP, WAY UP, AND THERE WAS NO RETRACEMENT ANYWHERE ON THAT LINE? IT COULD POSSIBLE HAPPEN LIKE THAT TOO.
posted
SNOOZEN: A gap is formed when the open is higher or lower then the previous close.
To make it simple. A stock closes at .01. The next day it opens at .015. There is a gap of .011, .012, .013, .014. Throughout the day it can go all the way to .02 but eventually it has to come down to fill that gap, it could do it on the same day, it could take days, or weeks. But most likely it will fill.
Now I've been researching and there are very few times it won't. Read my next post. QBID HAS ALWAYS FILLED THE GAP SINCE I'VE BEEN WATCHING IT.
Hope that helps.
quote:Originally posted by SnoozenLooze: Can someone explain the gap to me? Or steer me to a place that does?
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i agree for the most part with wiz. thats why i'm slightly pissed i couldn't free up cash sooner the Dec 6th. i wanted 350,000 to use around .25 to .50 and leave the rest till around the gay games in 2006. i'm just guessing but i'd think $2 might be possible with the exposure worldwide around then. i'll take what i can monday but i'm holding most till after the games. da*m IRS, has every penny i get so watched i have to plan for a haircut...lol
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
"Common Gaps" always will get filled. This is likely to happen with 98% of stocks.
"Breakaway Gaps" are the exciting ones. They occur when the price action is breaking out of their trading range or congestion area
For "Runaway Gaps" to the upside, it usually represents traders who did not get in during the initial move of the up trend and while waiting for a retracement in price, decided it was not going to happen.
"Exhaustion Gaps" are those that happen near the end of a good up or down trend.
quote:Originally posted by tqn: looking for .0085 opening tomorrow.
[This message has been edited by tqn (edited November 30, 2004).]
I couldn't say it any better. Many of you guys here have made me re-think how to go about and buy several stocks. I like to thank all of you for your help. If I make out on this and others, I'll personally fly all of you to Vegas and meet you there to thank you in person.
posted
you have to do it online or talk to a live operator if you are trying the automated phone purchase they dont recognize pennies.
Im assumiong you are with TD Waterhouse.
quote:Originally posted by mastamindz: Ok I really need some help. Im in Canada and when I try and do an order, it tells me the symbol is not found. What is going on here. QBID... QBID.PK what am I doing wrong, please help.
Yes Im a newbie!
Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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quote:Originally posted by 1BigTip: SNOOZEN: A gap is formed when the open is higher or lower then the previous close.
To make it simple. A stock closes at .01. The next day it opens at .015. There is a gap of .011, .012, .013, .014. Throughout the day it can go all the way to .02 but eventually it has to come down to fill that gap, it could do it on the same day, it could take days, or weeks. But most likely it will fill.
Now I've been researching and there are very few times it won't. Read my next post. QBID HAS ALWAYS FILLED THE GAP SINCE I'VE BEEN WATCHING IT.
Hope that helps.
Thanks 1Big...how does the gap happen to begin with? Afterhours trading?
Posts: 107 | From: Tampa, FL USA | Registered: Jun 2004
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posted
Emerging,,sorry for the sp. I still am having problems Bob with editing and other technical issues on Allstocks. I know you are workining dilgently to fix these problems. Thanks, McFly
Posts: 3439 | From: ATL | Registered: Jun 2004
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Lot 's of things can cause this, such as an earnings report coming out after the stock market had closed for the day. If the earnings were significantly higher than expected, many investors might place buy orders for the next day. This could result in the price opening higher than the previous day's close.
If the trading that day continues to trade above that point, a gap will exist in the price chart. Gaps can offer evidence that something important has happened to the fundamentals or the psychology of the crowd that accompanies this market movement.
quote:Originally posted by SnoozenLooze: Thanks 1Big...how does the gap happen to begin with? Afterhours trading?
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I am loving this uptrend, but i am wondering if as soon as we hit a good number we will be down just as fast...........
Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
that is what investing is about. there are no guarantees of price. just potential. you have to get in and get out at prices that make you feel comfortable.
that is what the term risk refers to.
you have to set your price based on the DD you do and the price you figure is attainable. if .10 is you magic number then so be it. for some it is a buck.
for me i have multiple exit points in mind.
there is not right or wrong answer until after the fact. should have could have would have is always a factor after the fact. and no matter how much money you make on this or any other stock, if the Price continues in an upward trend you will always have these feelings.
i have been telling my friends since last week at .0025 this was going to go.
one of them waited till this afternoon and bought in at .0091, the other never did buy. should have could have would have but didn't.
we cant answerer your question for you. only you know what your risk tolerance is. and only you can control your comfort level.
Good luck with your decisions.
GO Q
Rod
quote:Originally posted by andrewAAB: I am loving this uptrend, but i am wondering if as soon as we hit a good number we will be down just as fast...........
Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
Yeah I know rod. Thanks for the support. I guess I just have to much time on my hands to sit around and think. lol
Posts: 2201 | From: Tampa | Registered: Nov 2004
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Rod and Sam both posting at the same time...it's like a farewell concert of some 70's or 80's band..glad to have you two gentlemen join us this evening. How you buds doing this evening? Wasn't today great...and tomorrow looks even better!
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I sure do. I really like the way this is moving. We are still overbought but if you look at the last run the RSI is very close to the same. Actually we are right at the run to a penny last time. The day before our 52 week high. So I guess that makes me feel better. But the candlesticks look awesome and the slower pace forward with the closing of the gap sooner in the run is very positive. It will set up a lot better and higher bottom when this finally slows down.
Ric
quote:Originally posted by 1BigTip: Hey Ric. Are you seeing what I'm seeing, again? Could it be forming 2 sets of 3 White Soilders?? !!! If so, that will be HUGE!
[This message has been edited by 1BigTip (edited November 30, 2004).]
Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
I have 16,600 shares sorta of hanging on to the end of my shares were I spent every last dime on this run. I would like to see .15 just to sell that off for a little extra christmas money and give me a nice even number to go into next year with and wait for the announcements of major carriers and .36 in January.
Ric
Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
RIC, that's funny. I was just contemplating doing the same. I have 55,600 hanging that I will probably cut for some short cash as well and let the rest ride (more aerodynamic that way )
Posts: 221 | From: North Dallas | Registered: Oct 2004
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posted
Ric and 1BIG, you two have been really wonderful about interpreting the charts...technical talk...So, I was wondering, from the technical point of view...what do the LINES say about tomorrow? Do you two anticipate another move up or a slight pullback?
I've gotten fairly good at interpreting the candlestick charts, but the I still don't understand all of the lines and crossovers yet...(sigh) Still learning.
Got my Grand Marnier in hand, Nice heated glass.....Need it after today's ride to calm the adrenaline.
Got a little Plugged in........Finally convienced the big guy to put dimmers on the 97 high hats he needed in this place. On my back on the living room floor......I swear is like being under the Mother Ship. LOL
All is now quiet and I can't wait for the open tomorrow. I keep looking at the chart as if it was my first born. Tooooo-Funny! It's great to see all of the new names come out of the woodwork.
This drink is wonderful.....Just what my shoulders needed. Terry.....How's your drink workin' on your aches Darlin'?
A little advise to all....... .... and most importantly.....If you're looking to make some money short.....Don't chase and don't get greedy.....You'll only get burned.
Now tomorrow I expect us all to be quoting with Q!
posted
Sunny. Hard to say, so many factors come into play and so much to tell you about.
I can say this:
Long term investors need not focus as much on a daily chart but we need to focus on a weekly and monthly chart. Moreover, if you pull up a weekly chart of QBID (1 month) (with the 50 and 200-DMA's drawn in) then you would notice a bullish trend higher.
[This message has been edited by 1BigTip (edited November 30, 2004).]
posted
Lol...one of the best posts Ive seen in a while...besides Big's about the gap...I to am taking a drink.......or two...in celebration. Best of luck tommorrow gang. .016 is my goal as well as others. GO QBID! Matt
Posts: 1504 | Registered: Sep 2004
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posted
So it looks like QBID is finally moving back to reality as far as what the stock is worth. If current values are way below actual values (as deteermined by revenue forcasts, sub #s, advert #s, and official OS #s) I suspect we may be in for lots of rise and possibly gaps too.
All gaps must be filled unless they are "runaway gaps"?? In which case a runaway gap would balance out an imbalance in pps and acutual worth of each share.
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Lil, watch out where the huskies go! Perhaps we could dine at St. Alphonso's tomorrow( incidently, where I stole the margarine during the pancake breakfast). Please don't tell anyone. And the lying on the back reference I'm going to save my response. LOL!! Hey, sweet one. T
Posts: 852 | From: TX | Registered: Sep 2004
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Never fails...LOL
Plugged in........Finally convienced the big guy to put dimmers on the 97 high hats he needed in this place. On my back on the living room floor......I swear is like being under the Mother Ship. LOL
.... 
with Q!
