posted
I'm out boys. in at .017, out at .0315. Could have made more but unsettled funds bit me in the arse again. Oh well, can't complain about those numbers.
RCA and Tape Worm - thanks for all of your help, I wouldn't have made near 100% without you. I plan on accumulating from now until June 1st when the undiet spray is rolled out.
Buck, Repo, Jordan... thanks for keeping us all level headed here. Everybody has different takes on what a stock is going to do and has a right to post it. As long as there isn't a bunch of name calling and new posts every 2 minutes I don't have a problem with somebody presenting a different view point, with thought behind it.
On the positive side guys now that I've sold this should move up.
Best of Luck to all and I will keep an eye on this one.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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I'm not suprised. Same thing happened to me with DVFN. Everybody quit early. They blamed me at the board but I'm still holding DVFN until it hits a dollar. But I promised my self that I won't go to that board until DVFN hits 0.50.
But john, hope you get back in soon.
Posts: 2102 | From: Dayton, Ohio | Registered: Feb 2006
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posted
RCA- I know the same thing happened at DVFN. That memory is part of why I sold. A correction is due and then, unlike DVFN I will be slowly buying back in when volume dries up and bottom hits. I know this will run up again just like DVFN has been. That is because I trust your skills. In the mean time I'm going to try to make some money elsewhere. I do not have the self confidence or experience to watch all of my profits slip away here waiting for the next run up.
If you recall I did not blame you at DVFN, in fact I stuck up for you, as I will now, if needed. This is because you made me money. You cannot be blamed for how others play a stock, in my opinion. And as I mentioned earlier in this thread, I merely think that if you were to label some of your high end picks as long term projections there would be less ill will felt by some.
Many reading these posts think if someone makes a prediction that a stock is going to go up 1 million %, that means tomorrow they will be rich. I know that is not what you mean but many don't.
You have done me well RCA because I have learned how to take most of your posts about projections. So I thank you for all of your help, and the money you just tucked into my pocket, and look forward to jumping in the next time you have a reccomendation.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
basically the ster spit this stock out when they were done with it. I'd stay away from this thing, its gonna bleed for a week ot two from the sters wrath. or you can buy into a stock that is owned now by a ton of bagholders. the second it goes up it will go down for the next week at least.... just my personal opinion
Posts: 6397 | Registered: Jan 2006
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posted
If you have extra funds for long-term holding, I would buy this stock after the stock ster dump. RC is correct that there is buying pressure here and I suspect it may be coming from the company itself.
That means they are going to keep it quiet while they accumulate. If this stock stablizes in the low .03s, it's a good buy. If it follows its normal chart pattern, the buying pressure will create another 200% run in 2 or 3 weeks followed by a 50% pullback.
At that rate, by mid to late June, it will be sitting over 50 cents when their product announcement is scheduled for release...
Posts: 42 | From: Kentucky | Registered: Mar 2006
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posted
Just for me- I plan on accumulating slightly lower than that. Right now I am thinking .024 or below for my first purchase. But I want to wait for the dust to settle on this one, hence wait for volume to return to normal. I am guessing sometime middle of next week. So I am going to do some day trading on Wednesday and start putting profits in here when possible.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
Joh: Just got back. Good to see that you made some profit. I am just going to set and wait it out. Right now 4 on the bid at .03 and 2 on the ask at .031. Slow trading right now.
Posts: 675 | Registered: Dec 2005
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posted
Well it's Friday so slow is not unusual. I will get into accumulation mode here late next week if the price is right and volume has dropped low enough. So I don't plan on being out too long.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
or wait till it bottoms out... but for you,rca, the best thing you can do is whatever you want.. dont advise others to buy at this price when you know dam well that it will go lower!!...
-------------------- jordan Posts: 5812 | From: st paul,mn | Registered: Feb 2004
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posted
This trend is not gonna be like the previous two trends. It will trend up pretty soon. You will see.
Posts: 2102 | From: Dayton, Ohio | Registered: Feb 2006
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posted
2 days ago you were telling people to buy at .05... what if they did that? they would be stuck now, waiting ... the best thing you can do is state your opinion...because you really have no clear idea of what it will do in this short- term... but please stop pumping!!..some of these poor people actually buy on your recommendation without doing any DD..stupid,I know. But if you really care,as you say you do,well..you know the rest..
-------------------- jordan Posts: 5812 | From: st paul,mn | Registered: Feb 2004
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quote:Originally posted by jordanreed: 2 days ago you were telling people to buy at .05... what if they did that? they would be stuck now, waiting ... the best thing you can do is state your opinion...because you really have no clear idea of what it will do in this short- term... but please stop pumping!!..some of these poor people actually buy on your recommendation without doing any DD..stupid,I know. But if you really care,as you say you do,well..you know the rest..
They did that and all the way to the top at .057. Probably when RCA started flipping while chanting buy, buy, buy. Things that make ya go hmmmmm.
Posts: 184 | Registered: Sep 2005
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posted
My problem is people are not sticking to their stock. As soon as they see pressure they sell it. For me that's more buying opportunity.
I'm confident with my technical analysis so I'm loyal to it. I play long term.
Looking at MGEN future price. Every price is a buy to me at this level.
And I don't tell people to buy. I just tell them that stock is a value at that price.
This is just a 50% trace correction which gives us good opportunity increase our shares, not getting out. We're not done at all. Next week or two mega trend will continue.
I belive in increasing number of shares not profit taking.
Posts: 2102 | From: Dayton, Ohio | Registered: Feb 2006
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posted
"I belive in increasing number of shares not profit taking."
and there it is,ladies and gentlemen...ALWAYS take your profit when it presents itself...you got to know that rca took his,and yours,when it was there.he is telling you NOT to take profits??? Good Lord!! and you listen to him??
-------------------- jordan Posts: 5812 | From: st paul,mn | Registered: Feb 2004
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posted
__________________________________________________ "You see, you could have bought much cheaper yesterday..just accumulate .. it will payback.. you gotta be patient.. in a month range we should float around 0.10 with ups and downs. But right now it's best time to accumulate BEFORE THE STOCK RADARS DETECT this stock and it will because technicals are bullish as of now." __________________________________________________ This is what RCA told me a few weeks back. Why would he not continue to tell people to buy?
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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quote:Originally posted by Johnwayne: __________________________________________________ "You see, you could have bought much cheaper yesterday..just accumulate .. it will payback.. you gotta be patient.. in a month range we should float around 0.10 with ups and downs. But right now it's best time to accumulate BEFORE THE STOCK RADARS DETECT this stock and it will because technicals are bullish as of now. __________________________________________________ This is what RCA told me a few weeks back. Why would he not continue to tell people to buy?
Why?Why??why??? because thats his job!! Dont you get it yet??
-------------------- jordan Posts: 5812 | From: st paul,mn | Registered: Feb 2004
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That's called flipping not taking profit. Every smart investor does that. That's what's happening right now. Go attack other bashers.
I've seen this so many times. At the end I'm right. I didn't spent years for analysis to be wrong.
Posts: 2102 | From: Dayton, Ohio | Registered: Feb 2006
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