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I say .009 then a dip back to .008 then a close of the day run to a Penny!!
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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OXFV taking over top number of trades spot from DPHIQ which has been block trading heavily the past few days. Matt
Posts: 1504 | Registered: Sep 2004
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I was reading last night that when it had the high of the year, it's when all the rumors of this PR news started. Then the price drop like crazy, they announced it complete when the price was at the lowest, so I can only expetc it to go back to where it originally started when this merger/acquisition was first brought to the table.
MM's and company doing what's beneficial for them. ''Great for us... Does anyone agree with me that this can have a new 52 week high by next week?
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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I was really really wrong about it touching 51 before running again huh? Ha. Oh well, still learning. Matt
Posts: 1504 | Registered: Sep 2004
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imo its going to keep going, but have dips along the way. i just cant see this as a quick run because if it was, imo it would have fallen already you know? im holding through today and will see what tomorrow brings. i cant change my mind because i really cant sell, or i will get some funds restricted. so ill be here all day watching
Posts: 2329 | From: MD | Registered: Jul 2005
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also for what reasons? not calling you out, but i would just like to know the reason
Posts: 2329 | From: MD | Registered: Jul 2005
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why will you get funds restricted? Don't believe the free ride deal on scottrade. Especially if you haven't done it before. I've done it a few times and they dont say anything
Posts: 562 | From: NY | Registered: Jul 2005
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free ride? i have a margin account, but with less than 25k so i get 3 day trades in a 5 day period. i have used them up as of now.
Posts: 2329 | From: MD | Registered: Jul 2005
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I think a group played the news inflating the run... Chart looks like it stalled.. Just my gut. I've been wrong before, I will be wrong again.. I was wrong about WDAM.. But I dont care I played for my 20-40% and got out. That's all I want out of these, I don't play the lottery, and I don't play these like the lottery.
Posts: 562 | From: NY | Registered: Jul 2005
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thats true. i just dont want scottrade to f me over if i use 4 day trades instead of 3.
Posts: 2329 | From: MD | Registered: Jul 2005
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free ride, when you buy stock with unsettled funds.. But you said you have margin so, it's different.
Posts: 562 | From: NY | Registered: Jul 2005
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yea, well thanks for looking out for me. wish me luck lol. ill be here to talk to annyone who is still in
Posts: 2329 | From: MD | Registered: Jul 2005
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MasterQuinn, is that really evidence of a group play?
I think of a huge drop off when the group leaves the play, which is not occuring now.
Even in the early trades huge amounts of money were played. I'm not the type that believe even groups would have more than 50-100k to throw at these things. You may know more about the topic though.
Lilpenny puts it as I see it. Aren't we all just one big group? The news is our flag at which stock to put money into. There will be bagholders on real plays just as there will be on group plays.
But as I see it, things have leveled off because the stock is up 400%. I'd be worried to put money in because I would have missed the run. I'm sure we'll see a late day run and possibly a gap in the morning for the new players. Matt
Posts: 1504 | Registered: Sep 2004
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how about everyone leaves and eats some lunch:) i think most people are out for sure
Posts: 2329 | From: MD | Registered: Jul 2005
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Don't think I'm trying to insult you or anything MasterQuinn.
I tried getting into a group once and my experience is that they don't work. Trying to get 100 people, let alone 30-50, to play the stock correctly without getting greedy is next to impossible. Someone usually gets hurt in the process.
For example, just for kicks I threw a simple $40 at one group play just to see if I could turn that $40 into over $1000 by playing the group picks. That $40 is now worth $.42 with a total loss of 98%.
Oh well, you did good on it right? Matt
Posts: 1504 | Registered: Sep 2004
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Okay, this conversation of group play or not, needs to stop.
This news had been expected since a while back, I spent three hours reading on OXFV and looking at the chart. Ever since the intention of an acquisition was announced a few weeks back this stock had plummeted.
How many have seen a stock go down despite big news? The reason is that MM's see a great profit in the future and bring that particular stock to it's knees waiting for those news to come out. This is the second time I have played a stock like what OXFV is doing today.
In reality I have been watching it, for example just now it was at .0066 it took 4.5 million to get back to .0071 two minutes later it took only 50,000 shares to bring it back to .0066 So you tell me would a group play do that?
I think MM's are not letting it go up now.
Bottom line it's your money and you can do what, if you have a profit take it and run, if you think .007 is a good price and that it can go to .032 then get in. Either way this is MY VEGAS room.
It's like playing "Black Jack"
Good luck to all, FYI I'm still in with 1 million and holding until tomorrow.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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