We appreciate the observation, however, somethings are out of our control.
I am a proponent of trying to illuminate negatives and shortcomings of any stock I like or others might post and inadverntally or intentionally overlook those details.
Evergreen highlighted an SB-2 for IELM, I was aware of it, but didn't highlight because it was dated to September. Also, we had selected IVHG that had an SB-2 in progress and still made gains, so it is possible for stocks with shortcomings to have a positive PPS. IVHG was victim of the same Spread problem you see on PFMS. Grant it, sometime a 38% gain cannot be construed as a legitimate run.
All that being said, I would like everyone to keep in mind that JimSC and I look at many stocks daily in our filtering and selection process. JimSC states in his criteria : "3. For trades only -- no DD was done." I try to take the time to look for shortcomings, but sometime I miss them. Fortunately a lot of people visit this thread, and I am sure some do detailed DD, and hopefully they will highlight these negatives for everybody's benefit.
For instance, someone has called to my attention CKEI has filed to terminate their registration, or become a nonreporting pink sheet company, as late as Novemebr. Everyone should be aware of these fundamental negatives before buying anyone's picks. Although this negative is fact and does exist it is still very probably CKEI will have some upward PPS movement in the next couple of days.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
IP: Logged |
posted
Will, good post, and you BOTH have said it over and over. No DD was done and these are what they are; Volume/pps down plays. Good job fellas! Keep it up!
IP: Logged |
posted
Will and JimSC, I am new to this and I have been trying to follow and understand what all you are saying and looking at...It's very interesting and I enjoy watching what your "predictions" or "guesses" actually do...I have only tried one of them...IVHG...kind of a learning process...I am still stuck in it...got in too high and am "sorta" stuck..but don't worry..I didn't "waste" much $
KEEP UP THE WORK!...It is appriciated and it is very helpful in the learning proccess! THANKS!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
IP: Logged |
posted
10of13, sorry to hear your stuck. Being new it may be prudent if you watched, and/or paper traded for awhile. It might help you see patterens or establish a rythem. Our picks are strictly based on Unusually High Volumes coupled with Price Cycles showing evidence of MM accuumulation. We filter and select stocks that fit the criteria or model only. We cannot control the spread, or if or when someone buys/sells. Start looking at all the inofrmation you can find regarding volumes, both daily and averages, study the charts of the picks, and learn to recognize patterens and trends.
GOOD LUCK!
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
IP: Logged |
posted
Nah Jelly, it's ok. I think it's healthy for people to post their disappointments. Gives others an oppurtunity to learn. It may even help improve a process by exposing unidentified weaknesses inherent in a system. It's all good Jelly. Luckily we are not pumping picks here just giving information based on our observations.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
IP: Logged |
posted
You'll always have people trying to tear apart something successful and you'll always have people who are not satisfied with the return on their money. So far, these picks have averaged out to a 45% gain. How can you argue with that? Sure, they haven't hit a "10 bagger" but if that's why you're playing these stocks, that's exactly why you'll be gone in a months time. Recognize these picks as a smart way to make good money in a short period of time and you'll do fine. And sooner or later, one of their picks will turn into a 10 bagger, just watch.
IP: Logged |
quote:Originally posted by will: Nah Jelly, it's ok. I think it's healthy for people to post their disappointments. Gives others an oppurtunity to learn. It may even help improve a process by exposing unidentified weaknesses inherent in a system. It's all good Jelly. Luckily we are not pumping picks here just giving information based on our observations.
Oh will, I totally agree, I wasn't saying it in a bad way. Regardless, to save you time, that's all. You write out such nice thoughtful responses.
IP: Logged |
quote:Originally posted by 10of13: Will and JimSC, I am new to this and I have been trying to follow and understand what all you are saying and looking at...It's very interesting and I enjoy watching what your "predictions" or "guesses" actually do...I have only tried one of them...IVHG...kind of a learning process...I am still stuck in it...got in too high and am "sorta" stuck..but don't worry..I didn't "waste" much $
KEEP UP THE WORK!...It is appriciated and it is very helpful in the learning proccess! THANKS!
Borg: this is kinda *not* a newbie thread...no offense, mind you, but Will makes a *great point": if you're not confident--maybe, REALLY confident--in what's being said herein, it's a good, solid idea to papertrade...
I wouldn't say this is "expert" level...but it's certainly not "beginner" level...
the "turns" are quick, comparable to daytrading...and the dips are confusing...
That being said, it's defintely worth your study--these guys are on it...
my rant for the night...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
hey tex.. i'm also new to the site, and to investing (especially pennystocks).. before i dive head-first into these risks, do you have any good references for a beginner to become familiar with all the details about this stuff? any books, or easy-to-grip websites?
any help would be much appreciated. i've really just come across the potential of this daytrading concept, and i'm already hooked and ready to get into it. thanks again.
-------------------- Hindsight is 20:1. It's like printing money.
IP: Logged |
quote:Originally posted by mr money: O.K. --heres a few that look like might have hit botoom and on on their way up. XRYM, GMED, AWBV, AURC--got a few more --but I'll start with these
XRYM and AURC off to a good start. XRYM up from .006/.0059 to .0066/.0065 right now.
IP: Logged |
posted
CKEI: up 4.7% with high vol MBAH: hit the high of 0.0185, a gain of 51% from the bottom at 0.0127, three days ago. Time for profit taking. *****
JimSC wrote: **** posted January 10, 2006 12:32 ----------------- UHV alert: MBAH: hit the 52-wk low at 0.0127 - you can make 30% in a week.
IP: Logged |
posted
quote ----------------- I am new to this and I have been trying to follow and understand what all you are saying and ...... ----------------
I also have IVHG but if I recall correctly Jim stated at one time that the ones that take a little longer seem to produce better results :-) - just checked the last 5 days and 4 of those show a moderate gain with average volume --
It gapped up the morning after it was posted, and MM's never gave us a fair spread. If I recall the LOD was .006, the HOD was .0096. Since it has been trading with modest volume an an average of 5% gains per day, one of the last four days it was unchanged. Seems there is a fair spread on it now Bid .0082 / Ask .0083 / Last .0082 / HOD .0087 / Vol 50K.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
IP: Logged |
posted
Steam..yes it does show a gain...and understand that JimSC WAS CORRECT...his estimates with IVHG and it's gain were based on it being at .006 so it had increased by about 50% or more from the .006. Earlier this week it was as high as .0095...as I had said in my ealier post..I just got in too late...MY FAULT... JimSC and Will were right on with it!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
IP: Logged |
posted
I would have never looked at it, because it had already started its uptrend. Been up strong this week. Price and Volume would not have fit our models, but it looks like it was an awesome play a week or two ago. GOOD LUCK !
quote:Originally posted by buckstalker: Jim or Will...let me know what you think of MLPH...there has benn unusually high volume the past 2 days and most of it has been buyers...
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
IP: Logged |
posted
Thanks Will... the volume and buying interest that I've seen the last two days has me intrigued...I think it is just getting started...
quote:Originally posted by will: I would have never looked at it, because it had already started its uptrend. Been up strong this week. Price and Volume would not have fit our models, but it looks like it was an awesome play a week or two ago. GOOD LUCK !
quote:Originally posted by buckstalker: Jim or Will...let me know what you think of MLPH...there has benn unusually high volume the past 2 days and most of it has been buyers...
SMSE: you are right, no trades today. I made a mistake -- they were yesterday's data. GMTH: it will take at least 8 weeks for the next run; MMs needs a lot of shares. Best deals for today: EYII and IMNR -- make sure you get it at bottom by placing bids.
IP: Logged |
posted
MLPH: Time for profit taking; never get sucked into a rally; don't follow the crowd -- they are losers; only follow the MMs -- they are selling now; MLPH could go higher, but the probability is bigger for it to go down; IMO only; do your DD and play your own game.
IP: Logged |
posted
Had the first purchase of the day on a limit order at .0234 and they only filled 5k of the 75k order, then bumped the ask to .024....since then 18 staright buys and now price movement. I'll adjsut my limit up to .024 to get the remaining 70K shares, so make that 19 buys in a row...they have to let it go sometime!!!
Will back off GMTH for now...thanks!
BULL
-------------------- I may be wrong, but I don't think so....
IP: Logged |
posted
Thanks Jim...sold at the HOD for some nice pocket change...BTW you guys are really on to something here...let me know if I can do anything to help...
quote:Originally posted by JimSC: MLPH: Time for profit taking; never get sucked into a rally; don't follow the crowd -- they are losers; only follow the MMs -- they are selling now; MLPH could go higher, but the probability is bigger for it to go down; IMO only; do your DD and play your own game.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Wink]](wink.gif)
