quote:Originally posted by Da12Beat: Hi Everyone, Im new to this Day Trading business... I opened an account with scottrade and have 60K shares on JPHC at .0011, is that a good buy? and if so where do you see this stock rising up to? I also would like to know what's MM's or dd or ihmo, or all the other abbrevations.. could anyone help?
To answer your question, YES! For a beginner that’s exactly what you want to do, until you know all about the market and the risks associated with it. I mean take a relatively less risky venture for 60K at .0011 = 66.00. Not a bad investment if the stock hits .01, you have 6 hundo, NOT BAD.
You are taking the right road of investing small amounts to keep your risk down, but still getting the real feel that only trading real stock will give you. Paper trading is smart, but extremely boring in my book. The best advice I can give you is to; just take your time and STUDY. These people that are on this board are really smart and really cool when you have a question that you need answered. That is something that I can't say for all the boards. Have fun, welcome to the JPHC party, pick up your balls and lets start making some MONEY WITH JPHC!!!
[ April 25, 2006, 00:25: Message edited by: GADOWPOW ]
Posts: 48 | From: Milwaukee, WI | Registered: Feb 2006
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I am in the group of investors that DrWho mentioned has more shares than the float combined! As a favour to yourself and all those that are long I recommend that you do what we are doing, placing your sell orders in the pennies as we want the MM's and shorts to pay a premium for the shares we own. The MM's have taken money from everyone of us, now its time to screw them over. Also, make sure you don't sell for less than the buyout price! If you try to flip there is a good chance you won't be able to get back in this stock while it runs up unless you want to pay more for the shares. The LONGS have to work together to make the shorts pay for what they have done to this stock. We collectively own 3 Billion shares with a float of 2.2 billion. And this is only 150 out of the 2100 shareholders of JPHC. Good luck tomorrow and lets have fun watching the shorts freak out.
Posts: 316 | Registered: Oct 2005
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In long as well with 2.6 mil, lets make some MONEY!! I believe that if we follow the advice of Fergy and Dr. Who, we will all make ALOT of money!
Also, seeing the MM's cry would be a great icing on the cake. Maybe not cry but pay a huge premium for our shares would be a sweet retribution.
Posts: 48 | From: Milwaukee, WI | Registered: Feb 2006
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Long with 1 million here. Hope you are all correct about the shorts
-------------------- Pull on your boots,Slap on your hat, Relax, and Enjoy the ride. Posts: 31 | From: Wills Point, Texas | Registered: Apr 2006
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Tonicma, I may be wrong, but typically pinks are halted when there is wind of basically "price tampering" or wrongdoing by the company, not just because a price runs up on news of a merger/buyout.
Am I missing something? I see NO reason to "protect" your investment if a legitimate buyout is PR'd as a done deal.
By the way, I'm long with 4.5 million if someone wants to add me to the list referred to earlier.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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By the way, am I the only one here who's supersticious? I swear every time people start saying stuff like "The market makers are gonna lose big in this one" and "Flippers are gonna be sorry when they can't get back in!" it always seems to jinx the stock.
Anyone with me on this thought?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Yes PCola77, I agree. The MM's hold all the cards, no matter what you think. I would advise keeping your expectations realistic.
Posts: 1053 | Registered: Mar 2006
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Look how the high of .0033 is forming a long term resistance line with those spikes to .0011 and .001 that were forming our ascending triangle
Now that we've totally busted out of the triangle to the upside, we should continue going up.
And like Dallas has pointed out, there is going to be a 50/200 cross coming up in the next few days which is also another indicator of the strength of this rally. I put the 1st and 2nd targets on to the chart. Those should be resistance, but you never know.
The ultimate goal here is to get a buyout PR sometime today and make these charts totally irrelevant.
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JPHC - JUPITER GLOBAL HLDG (OTC) Date Open High Low Last Change Volume % Change 04/24/06 0.0014 0.0014 0.0010 0.0012 +0.0001 1245184875 +9.09%
Composite Indicator Trend Spotter TM Hold
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 262961188
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 50% - Buy 50-Day Average Volume - 297944250
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 204876203
Overall Average: 80% - Buy
from barcharts...
-------------------- Eat, Drink, and Be Merry Posts: 192 | From: Virginia | Registered: Feb 2006
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My educated guess is that the wall is there to shake people out that would look at that and say, "well, I may as well sell at .0012, 'cause it's not getting through .0013 anytime soon."
Hopefully not many people do it. If the PR really does come out today and the news is good, that wall will be obliterated.
quote:Originally posted by jdg257: Wall t .0013 is getting bigger...we need the PR to break it.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Hello to all - Been in USXP for awhile and getting tired of waiting for RA and all his hot air -- JPHC looks like it's ready to explode. All aboard!!!! I'm in.
Posts: 274 | From: Chicago, IL | Registered: Mar 2006
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