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You are correct but pre-market orders actually help the stock pass resistance. And people like myself always look at GAPers and once we see alot of volume we jump in.
quote:Originally posted by Ric: I think the biggest problem with this pick now is the fact that many will put in pre-orders. This will cause a large gap Monday hurting the new investors and only helping the ones that got in Friday. Best bet if you want to play this is not to put the order in before the bell. Wait till the bell rings. If you pre-order and cause a opening gap it will only cost you more to get in. JMHO
-------------------- MoMo is what rules pennyland! Not news! Posts: 269 | From: Check my IP | Registered: Apr 2005
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Also look at the Gap that occured in BXTRR. It gapped passed the 52 week high. =) That will attract more buyers and look how well it turned out for BXTRR. Hopefully WAVAP can have the same result.
-------------------- MoMo is what rules pennyland! Not news! Posts: 269 | From: Check my IP | Registered: Apr 2005
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quote:Originally posted by stocktrader22: Also a little offtopic but I have a normal $2,000 margin account, I have already used my 3 round trips for the 5 day period and still are within the 5 day period. If I buy this on Monday and sell then Id be going over the limit, will scottrade just freeze my account but I will still get all the profit, and if they freeze it can I withdrawl it from the account? I dont want to hold all day like BXTRR and lose on the HOD
Ok.. here is the deal. If this is the 1st time you break the 3 in 5 rule, your account will switch to DayTrader status, requiring $25k minimum balance to maintain it. If within a week you haven't deposited or made enough to have $25k minimum, it will revert back to a regular margin account. You will get 1 or more notices from Scottrade about this. Normally the 1st 'offense' is a warning. If you do it again, your account automatically reverts back to a cash account for 90 days (regular 3 day clearing rules, etc). They do NOT freeze your account.
I know, as I've done this already. While in 'daytrader' status, you can trade more freely though I recommend you contact Scottrade if you have any questions.
WAVAP is going to gap nicely at the open and run hard.
-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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? FOR Furry sound, I have heard that if you transfer funds and then buy 5$ of stock (marginable) and then sell your whole funds after that becomes available to trade any way you like, marginable or non marginable. I use Ameritrade and have transfered funds and will trade 1 share and then sell(monday if available) it to find out on monday. yes it will cost me the fee for buy in and out but maybe I will have funds to get into WAVAP> What do you think? This was posted earlier as a way to free up your funds.
-------------------- Organizations are perfectly dezined to get the results that they get. Posts: 190 | From: Houston,Tx | Registered: Jan 2005
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quote:Originally posted by Runamuck: So why does wachovia have 2 stocks I dont understand? Sorry for the newb question.
Wachovia the main branch has its own quote and WAVAP is a stock for share holders who were givin shares after the merger with Wachovia and CITI i believe. So the deal with this is as follows. WAVAP right now is worth nothing. From the info given to me when i called on friday if this stock gets a boost Wachovia may excerise its right to liquidate WAVAP which would make shareholders shares worth even more. Example if you own 200k of shares and they Liquadate WAVAP you will be awared 1 extra penny per shares. So lets say the price reaches 20 cents as an example. Instead of the 200k shares being worth 20 cents each they will be worth 21 cents each. Understand? And if people don't want to stay long term this could be another BXTRR which goes past a 10 cents and finish the day strong. IMO if we all get in this and sell at the ASK we can see past .10 with no problem! Because considering how short the MM are on this stock and each only holding 50k-70k of shares per MM this will run as hard or even harder then what BXTRR did.
-------------------- MoMo is what rules pennyland! Not news! Posts: 269 | From: Check my IP | Registered: Apr 2005
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Watch out guys! This one is extremely frontloaded!!!! Look at the buys that came in before the market closed Friday. This will drop like a sack of rocks!!!!!! Momo and his crony wallstreetboy are merely trying to scam others. BXTRR was not even his. He may have alerted it, but it was far after Nomi, told him to buy, because it was a group pick. But now that group is no more. Nomi isn't around, and they don't have the same buying power. You'll see a quick gain but not be able to sell for a profit, as MOMO and Wallstreet will have their sell orders in far before you.
Posts: 839 | From: Lynn, MA | Registered: Jan 2005
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Far from the truth! Premarket only gives the MM's more time to get themselves situated. Momo, doesn't care because he has already bought in and he stands to gain no matter what. I too called the company and was told nothing a very different story from the person I talked to. Look out for this guy. A frontloader and a fraud!!
quote:Originally posted by MoMo: You are correct but pre-market orders actually help the stock pass resistance. And people like myself always look at GAPers and once we see alot of volume we jump in.
quote:Originally posted by Ric: I think the biggest problem with this pick now is the fact that many will put in pre-orders. This will cause a large gap Monday hurting the new investors and only helping the ones that got in Friday. Best bet if you want to play this is not to put the order in before the bell. Wait till the bell rings. If you pre-order and cause a opening gap it will only cost you more to get in. JMHO
Posts: 839 | From: Lynn, MA | Registered: Jan 2005
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quote:Originally posted by Jonathanlb8: Watch out guys! This one is extremely frontloaded!!!! Look at the buys that came in before the market closed Friday. This will drop like a sack of rocks!!!!!! Momo and his crony wallstreetboy are merely trying to scam others. BXTRR was not even his. He may have alerted it, but it was far after Nomi, told him to buy, because it was a group pick. But now that group is no more. Nomi isn't around, and they don't have the same buying power. You'll see a quick gain but not be able to sell for a profit, as MOMO and Wallstreet will have their sell orders in far before you.
I agree. I'm not saying anything bad about MoMo as I don't know him and people did make money on his last pick but he does seem to be part of a group and alot of people do become bag holders if they follow those kind of picks. What bothers me is a lot of the people who seem to be saying he does a great job have joined in April and that is a standered for groups to pump stocks. I would listen to some of the people who have been around for a while and not these new guy's who come in,make money from us then are never heard from again( at least under that name)anyway JMHO I would stay away from this one on opening bell. If it does gap it will pull back from sellers coming in from Friday and if you still want in you can buy then. Again JMHO don't buy or sell on what I say.
-------------------- You never really grow up you just learn how to act in public. Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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Ok so its simple then .DONT PLAY IT. Havent you noticed something very interesting about Jona. He says he did this and did that and he has yet to post anything to support his findings. First he said he spoke to me VIA AIM and i have still not seen the account he says i spoke to him from. Then he says he called the company. Since you did please let me know who you spoke to. Because there is only one person who works for the Investment branch. Come on.... Just give it up. Let it run. But you know Bashers can bash because they fear what they don't know. Look how BXTRR ran up friday and look at the messages before open. lol So Jona keep bashing because its the perfect time. And when the market opens I will talk my trash back to you while I make money. Also what for the 1 zillionit time I AM NOT APART OF A GROUP. Matter of fact since all the bashing is taking place TUESDAY I will give you a chance to promote a pick. Lets see who does better. Post all the DD and information you can find from speaking to a person from the company. Lets make this a little game to see who is better then who because it seems to me that you envy the fact that people are behind me while you can't tell the difference between a limit, market, AON order...
-------------------- MoMo is what rules pennyland! Not news! Posts: 269 | From: Check my IP | Registered: Apr 2005
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Also it looks like people are using my name to send out mass e-mail on my tuesday pick. Saying I am nomi_ugly who I have no relation to. People if you want to know what I am playing then come here to allstocks.com Notice I post the stock here before anyone else. Everyone else is just trying to take credit for something they had no input once or ever on. SO please dont fall for the scam. Just know this is my Home ok guys!!!
-------------------- MoMo is what rules pennyland! Not news! Posts: 269 | From: Check my IP | Registered: Apr 2005
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quote:Originally posted by MoMo: Also it looks like people are using my name to send out mass e-mail on my tuesday pick. Saying I am nomi_ugly who I have no relation to. People if you want to know what I am playing then come here to allstocks.com Notice I post the stock here before anyone else. Everyone else is just trying to take credit for something they had no input once or ever on. SO please dont fall for the scam. Just know this is my Home ok guys!!!
Well if this is your home and you are telling the truth about you staying and continueing to give picks ( good or bad, no one picks right all the time) then welcome to All Stocks
Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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fella's im not sure why your putting in pre-market order's...?? wait and watch this stock if it gap's up in the morning it's gonna fall back down below what it gapped up to they alway's do........then that is the time to jump in.....it will not gap up and keep headed north........all play's dip.....ya wanna see how it's gonna open anyway's there were a lot of buy's before the bell on friday........so ya gotta make sure people are not gonnna sell on the gap and make you a bag-holder.........play smart........but hey it's your money.........GL
-------------------- "IT'S NOT LUCK IT'S DAYTRADIN'"
"HERE'S MY 2 CENT'S, SEE IF YA CAN TURN IT INTO A BUCK" Posts: 5641 | From: Florida | Registered: Sep 2004
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quote:Originally posted by Ktrain420: fella's im not sure why your putting in pre-market order's...?? wait and watch this stock if it gap's up in the morning it's gonna fall back down below what it gapped up to they alway's do........then that is the time to jump in.....it will not gap up and keep headed north........all play's dip.....ya wanna see how it's gonna open anyway's there were a lot of buy's before the bell on friday........so ya gotta make sure people are not gonnna sell on the gap and make you a bag-holder.........play smart........but hey it's your money.........GL
Good advise. I gave the same a couple of posts up. LOL
-------------------- You never really grow up you just learn how to act in public. Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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I don't believe anyone would sell at bell. Because if they do they will wish they never did. lol I am in this WAVAP in the morning. I have my pre-amrket order in because I want to make sure I get shares. But yeah it would smart not to put one in because it will drop back down. And to answer what this fool Jona said.. When a stock Gaps the MM can't gear up for anything. The amount of shares they own per MM can not change friend unless the WAVAP releases more shares which I know they won't. Bxtrrr Gapped and it still ran very hard so my advice to you is by The "Momo for dummies mixtape" which will have you picture on the front and will tell you the basics of how the market works. Because you are still wet behind the ears. Stop bashing and just sit back and take notice how the market works because the only thing you know how to do is fill in the amount of shares you want the ticker the price and hit submit. My 2 year old son knows how to do the samething also.
-------------------- MoMo is what rules pennyland! Not news! Posts: 269 | From: Check my IP | Registered: Apr 2005
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Hey Jonathanlb8 what's up with all the bashing. We don't need to hear it here. I for one don't know who MOMO is but i will give him the benefit of the doubt since due to his posting here I made so much money on BXTRR--I think your just jealous or something or why would would you even be wasting your time posting on this thread. Personally I'll be buying every pick that MOMO posts here as long as they keep making me money and so far they all have. Thanks MOMO and don't listen to that guy.
Posts: 136 | Registered: Dec 2004
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ive been watching this thread for a couple days now. i have seen WAVAP all over the web and it seems like it will be another BXTRR.
i did not get in friday, so let me tell all you guys who are saying dont put in premarket orders. YOU WANT IT TO GAP IF YOUR GONNA BUY. let me tell you this , that if it doesnt gap i will not buy in. gapping it sends alerts off to traders all over the web and then they watch it and as the buys continue to come it, they will buy.
EXAMPLE #1-bxtrr gapped up over 200% and look what happened. now, these guys who bought in at friday, are not looking to sell at .015 i will tell you that. they are looking to sell at like 7 cents. i know you guys that are not in, do not want it to gap because you will get a higher pps, but it HAS to gap for it to run like BXTRR. i am looking to buy in between .015-.02. and looking to sell around 8 cents.
Posts: 31 | Registered: Apr 2005
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Guess you've never heard of naked shorting! Wet behind the ears? Take a look in the mirror!
quote:Originally posted by MoMo: I don't believe anyone would sell at bell. Because if they do they will wish they never did. lol I am in this WAVAP in the morning. I have my pre-amrket order in because I want to make sure I get shares. But yeah it would smart not to put one in because it will drop back down. And to answer what this fool Jona said.. When a stock Gaps the MM can't gear up for anything. The amount of shares they own per MM can not change friend unless the WAVAP releases more shares which I know they won't. Bxtrrr Gapped and it still ran very hard so my advice to you is by The "Momo for dummies mixtape" which will have you picture on the front and will tell you the basics of how the market works. Because you are still wet behind the ears. Stop bashing and just sit back and take notice how the market works because the only thing you know how to do is fill in the amount of shares you want the ticker the price and hit submit. My 2 year old son knows how to do the samething also.
Posts: 839 | From: Lynn, MA | Registered: Jan 2005
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AND WHOEVER IS BASHING, also has a low intelligence level. this guy momo, put this pick out on thursday night. so that means he gave all us allstocks.com members the chance to buy in friday morning at .015,.02,.03,.04,.05,.06,.07. the people that are the bagholders are the traders that picked it up on scans and saw that it was up so much and threw a little money at it, because they thought that something was big in the works. nobody is a bagholder here, or if they are they deserve to be. cause, we all watched it starting at .015. so anybody that bought in around 10 cents, have learned their lesson.
Posts: 31 | Registered: Apr 2005
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Naked shorting is all over the net my friend. Tell me something we all don't know. Guess what I know how many shares each MM is holding and just like BXTRR they are short. No naked shorting here my rookie investor. This isn't CNES my friend. Positive volume will make her fly. Look at BXTRR less then 5m in volume at the end of the day and it want up 1300% max. Come on man give credit when credit is do but I guess you cant right Jona AKA kingofpennies. ahahahhaha LMAO you think I didn't know it was you. Gor run FEKY or what ever you frontloaded for the past 2-3 days. lol
-------------------- MoMo is what rules pennyland! Not news! Posts: 269 | From: Check my IP | Registered: Apr 2005
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If you know what naked chroting is, then please explain to us so-called newbies, who have more posts than you, and who have been tradin for far longer than you from the looks of things.
Posts: 839 | From: Lynn, MA | Registered: Jan 2005
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IT SHOULD GAP BUT I GUARRANTEE THAT IF IT GAP'S IT WILL DIP BACK DOWN TO WHERE IT GAPPED OR BELOW........AND THAT'S WHEN ENTRY IS GOOD.......ALL MY OPINION.........GL
-------------------- "IT'S NOT LUCK IT'S DAYTRADIN'"
"HERE'S MY 2 CENT'S, SEE IF YA CAN TURN IT INTO A BUCK" Posts: 5641 | From: Florida | Registered: Sep 2004
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If you know what naked shorting is, then please explain to us so-called newbies, who have more posts than you, and who have been trading for far longer than you from the looks of things.
Posts: 839 | From: Lynn, MA | Registered: Jan 2005
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Hey Johnathonlb8 --if your so smart -- why don't you post a pick and lets see which does better yours or MOMO's- put up or shut up..Don't bash unless you can do better yourself. No offense to you --but i just don't understand all the bashing-- I'm actually m aking $$ thanks to MOMO.
Posts: 136 | Registered: Dec 2004
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lol. i have got a great idea. for jonathon (the guy who is looking out for all of us who are not yet in). tell us the MAX price this will hit. (because you say it is frontloaded, it shouldnt move much right). i mean bxtrr, yeah, didnt go to high either.rotflmao.
no johnathon im sorry for laughin. but WE WILL ALL GIVE YOU ONE CHANCE. we are all just looking for money here. if its a group pick or whatever and i can make a quick 100% off it, i love it.
but asince you are being so kind, tell us. we will remember it, and if you are right, then by all means i will listen to you much more. JOHNATON-what is the max price it will hit monday morning?
Posts: 31 | Registered: Apr 2005
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As for the guys supporting you. It is odd that they all have 10 or less posts and that they all seemed to join at the same time.
Posts: 839 | From: Lynn, MA | Registered: Jan 2005
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Very odd how all of the support he has is Newbies. Might be because they are all the same person. Most of these posts resemble each other. Get a life and stop trying to rip people off. It is against the law to pump and dump in the manner you are. By all means pump a stock, but to do it inder several names to manipulate the way people see the support is definitely the best way to go.
Posts: 839 | From: Lynn, MA | Registered: Jan 2005
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I wonder if it is against the rules on Alstocks to have several accounts? I'll check with admin.
Posts: 839 | From: Lynn, MA | Registered: Jan 2005
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