posted
That's not necessarily bad. No stock goes up on a straight line. It will probably drop some during the day and then go back up before the bell. Friday is a good day to see the absolute bottom. If our bottom is .007 this week that is still up 60% from last week which is a very good thing. If it closes at least at .009 on Friday then next week we will surely see .015 to .02 with a long slow climb until the news finally breaks.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
I sure hope that the mm's get back all the shares they need soon so we can move on, still not a bad day considering all the playing that is going on. I was glad not to see any news yet because when that happens it will most likely go nuts so i would rather see it settle a little before the news.
Posts: 3875 | From: ca. | Registered: Jul 2005
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quote:Originally posted by rocked: im bailing EOD and buying back in tomorrow if that happens..
Be careful. You may sell out and not be able to get back in. I've done that a couple of times. I'm just guessing about Friday. Also, you may not be able to get a buy order filled. As soon as the price drops, everyone will be trying to buy because this will be the last opportunity for a little while anyway. The price will shoot backup EOD and will rock out of the gate on Monday. It will surely reach .02 or so next week or maybe higher if the news comes out. You will be lucky to get a fill below .015 next week.
Again, these are just my predictions after watching all these stocks the next couple of years. We all sit around waiting for a run because they are fairly rare. This one is worth waiting out.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
Missed 30,000 profit by dumping AMEP last yr on a pull back for a lost. Even with bad news it should be worth .02+. GLTA
Posts: 758 | From: FOREST,MS | Registered: Feb 2005
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posted
we may see it bottom at .0085 around the 200 mva without news. still a good day. it ran like another 40% in the morning. was bound for a little sell-off.
Posts: 6397 | Registered: Jan 2006
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posted
It's very exciting. I'm glad we have something to talk about. Is anyone else in TNOG? It is going crazy too.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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quote:Originally posted by GVMOORE: Missed 30,000 profit by dumping AMEP last yr on a pull back for a lost. Even with bad news it should be worth .02+. GLTA
I didn't lose but I sold my AMEP way too soon. I bought in at .0187 and it is now at .10 ...sickening!! I think I sold at .05 or so. I did well but geesh.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
not a bad day,if it stays in .008 or .009's for friday that won't be bad but .006 or .007 then I will feel that this was nothing but MM's driving the pps up so they could drive it back down.
Posts: 230 | From: florida | Registered: Feb 2006
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posted
Tomorrow is friday. I think anything is possible. Some people will get out just because weekend scare them. I do not think that would mean next week would be bad. I look at fridays as buy days.
-------------------- Lookin for the money Posts: 353 | From: CA | Registered: Apr 2005
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posted
I don't think this run was MMs. If it was, they would have been doing it over and over the last few months. It has stayed pretty low the last few months waiting for this settlement. I think this is prenews buying. It went down because people are selling on the highs. It will probably settle out tomorrow at low 8s or high 7s during the middle of the day and then close high 8s or 9s at EOD. Monday will shoot up again.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
MsKay& db, your both right i think the mm's jumped on this one on investors trying to guess when news is going to break because it will be hard to jump in at these prices when it does, i also think that the mm,s oversold this one by looking at the volume and now are trying to replace those shares which is i think all okay if they do it within a few days. If this stock had not been oversold it would be sitting between .03-.04 right now. This morning if you were watching they were showing pps. jumping between .01-011-.012-.013-.014 they were leaving out the .0101 .0102 .0103 so i felt they were bouncing it because investors are usually not jumping in at those large increments. The funny thing is that you might have a stock all day at .014 but if at the end of the day you have $100 at .0096 that seems to be what most investors remember and the mm's know that, just part of the pinks. The ones doing their research will look at the hugh possibilities of this and usually hold a lot of their shares. I do not see at this point any stock under .20 a share that has the possibilities of what could be coming back in REAL assets, but i also looked at the downside of this stock and i felt that was not bad either. This is only my opinion and i am willing to hold to see and i always take a little out for safe keeping.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
I just can't imagine anyone willing to sell right now (other than a little for safekeeping like you said). Now is the time that we've been waiting for. I can see profit taking above .015 because we've not maintained much over that in the last year but to sell below that mark on the brink of all this good news is just craziness.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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Rochester, NY, Apr 20, 2006 (M2 PRESSWIRE via COMTEX) -- otc-advisors.com's names Collectible Concepts Group, Inc (OTCBB: CCGI), American Energy Production Inc. (OTCBB: AMEP), OMDA Oil and Gas, Inc. (Pink Sheets:OMOG), Pangea Petroleum Corporation (OTCBB: PAPO) and Alcar Chemical Group Inc. (Pink Sheets: ACMG) its "Bulls in the stable."
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
I hate chasing stocks or flipping them if i feel it is a good one, it seems like it always costs me more in the end than if i buy and sell a little off on a big rise and hold the rest. I have felt that this stock should be between .015-.02 without adding any new assets. If you add the possible amount of assets coming back it puts it in another league.
Posts: 3875 | From: ca. | Registered: Jul 2005
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Rochester, NY, Apr 20, 2006 (M2 PRESSWIRE via COMTEX) -- OTCStockExchange.com's "Stock Watch Alert" this morning are Benacquista Galleries, Inc. (OTCBB: BAQG), American Energy Production Inc. (OTCBB:AMEP), OMDA Oil and Gas, Inc. (Pink Sheets: OMOG), Patriot Scientific Corporation (OTCBB: PTSC).
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
Today is a buying day for anyone who's waiting to get on board with this one. Could be a chance for flippers to buy today and sell next week. I'm going to add on the dips today if it drops low enough.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
I would like eod at .001 but,,,,, I'm also taking some out after the next big run and holding the rest - could be good things on the horizon - price of oil going up yesterday may have helped pps - and with as much publicity OMOG has had recently there are alot of people waiting and watching.
Posts: 230 | From: florida | Registered: Feb 2006
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posted
I put in a buy order for .0072. If it doesn't fill by noon it probably won't.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
It will drop again, one more time, then up to EOD. Big jump at EOD when everyone who wants to buy gives in and pays the ASK.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
MsKay, as a new person to penny stocks & trading in general I must say that I have learned alot from reading your posts. Thanks!!!
Posts: 583 | From: Northridge, CA | Registered: Apr 2006
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posted
You have to be careful. I lurked for a long time before I posted. There are so many people trying to lure and trick investors into buying worthless stocks. I've learned alot from the people here and I've been burned too. Just always remember to wait until you've investigated properly before you buy. It is hard to tell the difference from a ligitimate run and a pump and dump.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
I had seen OMOG long before I found this board. Just recently had some available cash that I could afford to put into OMOG.
Posts: 583 | From: Northridge, CA | Registered: Apr 2006
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posted
hbbus700, my one suggestion for penny stock investing is never ever get greedy. Get out while the volume is big and the stock is moving up. Never try to sell on the large volume down spike. By the time your order fills it will be to late. Lots of manipulation on the pennies...but this translates into huge potentials for those that control fear and greed.
I am fairly new to pennies as well. I have played around over the years. Also it goes without saying that you shouldn't use a larege percentage of your port.
Oh, and yes, MsKay is one of the people that always posts good info.
posted
Great advice gnulnx! hbbus700, Also do your research on reverse splits and dilution. Pennies are rife with it and that is what makes them so dangerous. That is what drew me to OMOG, Adam Barnett's promise of no dilution and no R/S. I've been lied to before but so far he has kept his promise in spades. If he continues to keep it, it makes OMOG a much safer play. It also makes it harder to short. If a company is diluting it is also being shorted and will eventually require an R/S.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
I am still curious when the news is coming, i would like an update on the CSUA deal, guess we will have to wait but like i said before i was glad they held off on a pr. untill this thing settled down. I never worry about a temporary down it can turn upward so fast on the pennies but would prefer a slower rise to keep the mm's from playing with it. If you are in this for what you saw as the longer term possibilities of this stock you have to get away from the daily highs and lows and focus on what you feel as the possible high and does that look GREAT. The rise we have had will look like kids play very shortly when we actually start getting pr's.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
I agree WISH, especially Fridays. They are always low. I don't know why anyone would sell on a Friday. My order hasn't filled of course but I guess that's a good thing! I've put in low orders like this before on Fridays and had them fill but then the price go right back up within minutes. It doesn't hurt to try. I placed a small order, only 25K at .0072 and it hasn't filled.
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
Most of OMOG's PRs have been on Wednesday or Thursday. I don't know if that is intentional or just coincidence so I don't look for one until at least next W or T. It may be a couple of weeks before we find out anything though. They certainly don't put out frivolous PRs which means we have to wait!
Posts: 294 | From: Mississippi | Registered: Jun 2005
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posted
I think the day they finalize the deals they will release pr's, i know they are anxious to let investors know. After the main pr i think we will see many more pr's on each property.
Posts: 3875 | From: ca. | Registered: Jul 2005
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