posted
what's the guess for the next PR? friday? if so this is the time to flip if you are so inclined...
Posts: 182 | From: Nashville, TN | Registered: Nov 2005
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Man I am having a difficult time figuring out what you guys mean in most of the posts here. 2nd run MM's have collected alot Definetly a gapper Also what is UBSS and NITE??
Paul
-------------------- Do not invest on any of my suggestions Posts: 1215 | From: baton rouge | Registered: Apr 2006
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No PR on Friday, it's Good Friday. Stock Market is Closed.
-------------------- The thing I learned most about this is to take a profit when you can and you gotta have PATIENCE! Posts: 369 | From: Ft. Myers, FL | Registered: Oct 2005
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2nd run means that we are hoping the stock will begin to rise again for a second time. It rose when the news broke, pulled back a little, and then started rising again. We want it to run high.
MM's are market makers. They set the prices.
Gapper means it will open tomorrow higher than it closes today.
UBSS and NITE are MM's
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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quote:Originally posted by Doniboy: 2nd run means that we are hoping the stock will begin to rise again for a second time. It rose when the news broke, pulled back a little, and then started rising again. We want it to run high.
MM's are market makers. They set the prices.
Gapper means it will open tomorrow higher than it closes today.
UBSS and NITE are MM's
and UBSS is a cocksucker
Posts: 182 | From: Nashville, TN | Registered: Nov 2005
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Brad, I laughed out loud on that one. You're gonna get me fired man.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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quote:Originally posted by paulbest: Man I am having a difficult time figuring out what you guys mean in most of the posts here. 2nd run MM's have collected alot Definetly a gapper Also what is UBSS and NITE??
quote:Originally posted by BadBrad: what's the guess for the next PR? friday? if so this is the time to flip if you are so inclined...
that's my intention with my choicetrade account.. sold all 340k today. looking to get back in tomorrow.
Probable PR on Thursday. If no PR Thursday, that may be an even better time. I'm waiting to get back in somewhere in the .006x's. I still have 515k shares in my Scottie account, so if this goes up, Great! And if it goes down, that's fine too. I'll just load up again.
These rides are great.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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quote:Originally posted by paulbest: Man I am having a difficult time figuring out what you guys mean in most of the posts here. 2nd run MM's have collected alot Definetly a gapper Also what is UBSS and NITE??
Paul
As sooon as you can make a profit from this thing, any profit no matter how small, sell everything. You need to start paper-trading first. You cant risk everything you have. Try picking stocks, write them down, and follow up to see how they do. Then research why the stock went up, or why it went down. PLEASE PLEASE dont risk your money on the market if you dont know what you're doing. TRUST ME. I very much hope you will follow my advice, go online and get some stock market books, spend alot of time researching and learning. Best of luck, I really hope everything works out for you.
Posts: 59 | From: NJ | Registered: Feb 2006
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Edgewise I like your reply. Yes broke rules 1 and 2 totally. I sold everthing my wife had and put all the chips on RSHN. And only took 2-3 minutes of Due Diligence in research before clicking the buy buttons. I think you brought me to my senses as I was walking around here imagining if my 1,300,000 shars goes to $1. But I guess we got to get to a penny first. Welp I'm in for the long haul. Please let me know when I should sell some.
As I just sold 2 excellent stocks for this one. ATLAS MINING and NAYARIT GOLD oh brother....
-------------------- Do not invest on any of my suggestions Posts: 1215 | From: baton rouge | Registered: Apr 2006
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paul this thing should move higher tomorrow morning from whatever price it ends today at... you may want to capitalize on the "gap up" in the am, but don't set your sell price to high
-------------------- trashed and scattered again Posts: 629 | From: Boston | Registered: Jan 2006
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-------------------- If they call it "tourist season"... then why can't we SHOOT 'em..? Posts: 604 | From: Florida | Registered: Feb 2006
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noemotion, I have some experience in the market. and brought my father's potfolio up 50% in 1 yr. 800K to 1.3 M. Sincere so you are saying if I see profits tomorrow then sell some. I get the feelin with stocks at this price one day you can be rich, the next very poor, and can make a man go crazy if he peeks too often. I just bought at MARTKET PRICE. Not sure how I can log in a price such as 00072. How do you do it. What is the difference between 0068 and 00069, Not much right? Please advise, I'm confused. AS I only trade in stocks over 10 cents.
Can I hold long, say a yr? Will this be over 2 cents a yr from now?
Paul
-------------------- Do not invest on any of my suggestions Posts: 1215 | From: baton rouge | Registered: Apr 2006
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quote:Originally posted by paulbest: Edgewise I like your reply. Yes broke rules 1 and 2 totally. I sold everthing my wife had and put all the chips on RSHN. And only took 2-3 minutes of Due Diligence in research before clicking the buy buttons. I think you brought me to my senses as I was walking around here imagining if my 1,300,000 shars goes to $1. But I guess we got to get to a penny first. Welp I'm in for the long haul. Please let me know when I should sell some.
As I just sold 2 excellent stocks for this one. ATLAS MINING and NAYARIT GOLD oh brother....
Everything's in the eye of the beholder here. I sold a lot of mine at .0071 and .0074 today. I've been in this stock since it was .0005 in February. I've been trying to learn the patterns that this stock goes through in relation to news and all that.
This stock was really lucky to burst up to a penny earlier in the month. For now, I think it's gonna make some smaller runs along the way. Over the course of the coming month, we should inch our way back up to .0095 or so, maybe even break the penny mark.
But I can't tell you what price to sell at. That all depends on your personal risk profile. The way it sounds (since this is your first step into the penny market and you're spending your wife's money), you should get out quick, for any profit at all. Get out around .0075 or so if you can. If you bought in at .0076, then just hold it for a day or two, and just try to break even.
After that, take a far step back. And look at all the different boards on this site, and read through the different threads and get a better knowledge base from which to make your future decisions.
Honestly, I'm still new at this game. I've invested in 6 different pennies. 4 of them have cost me money. Only RSHN and USXP have made me any money. I've had my shares of losses already. So I don't advise you to risk anything unless you think you can handle it.
$8,000 is a lot of money to put in something you're not really sure about. I only have like 3 grand in it. But that's all the money I have, and I feel pretty sure that this thing will continue its rise.
But for now, take it slow and steady. I really hope that RSHN doesn't give you a sour taste if it retraces at all. RSHN's a great stock to be in, if you know the right price to get in at and you don't get overly greedy with your selling prices.
Anyways, good luck. PM (Private Message) me if you have any other questions along the way. I love giving advice, as much as I can.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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quote:Originally posted by paulbest: Not sure how I can log in a price such as 00072. How do you do it. What is the difference between 0068 and 00069, Not much right?
LIMIT ORDER is where you define your target price, my broker (Choicetrade.com) only allows limit orders with OTC and PINKSHEETS.
For me every tick is around $70 with about 5 grand sitting in it, bust your calculator out.
-------------------- Well done is better than well said. Ben Franklin Posts: 718 | From: Bay Area, CA | Registered: Aug 2005
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posted
Not bad guys... Sat like an old dog most of the day, but finally got up to get some water at the end.
GLTA on Wed... Let's keep our fingers crossed.
FYI... I started out with a tad over 900.00 about 45 days ago and have cashed out $3,600 out of RSHN already and withdrew it and my port is sitting around 10K now. Not bad for a beginner. :-)
quote:Originally posted by paulbest: ahhh so you are saying if RSHN goes to say 004 or is it 0004 then I'll lose most of my money.... help
If it goes anywhere below the price you bought it at, you will be losing a lot of money. With 600k shares, each downtick/uptick is 60.00 that you're either losing or gaining.
Just keep a close eye on it for now, and you'll do fine.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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posted
Just curious how you can up a portfolio by 50% in a year, but not know what you are making/losing between .0068 and .0069???
quote:Originally posted by paulbest: noemotion, I have some experience in the market. and brought my father's potfolio up 50% in 1 yr. 800K to 1.3 M.
quote:Originally posted by paulbest: Sincere so you are saying if I see profits tomorrow then sell some. I get the feelin with stocks at this price one day you can be rich, the next very poor, and can make a man go crazy if he peeks too often. I just bought at MARTKET PRICE. Not sure how I can log in a price such as 00072. How do you do it. What is the difference between 0068 and 00069, Not much right? Please advise, I'm confused. AS I only trade in stocks over 10 cents.
Can I hold long, say a yr? Will this be over 2 cents a yr from now?
quote:Originally posted by paulbest: I got 200K * .0072 400K * .oo75 400K * .0075 300K * .0076 50K * .0075 Have $43 left in my account. How did I do?
Where do I go from here? I know if we knew that we'd all be rich. Best guess on the routes I can take?
Thanks.
So you have 1.35mil shares? Not bad.
Now, given your high entry point, my best advice is to not freak out tomorrow morning if this thing dips back down to .0070.
This thing likes to dip after a good news release. Just look at a 5 day chart, and notice what it did last Friday (when a PR was released pre-market) and then look at what the price acted like the rest of the day then.
I don't really know what to advise you to do though. For now, just hold onto your shares, and keep an eye on this. You should be able to sell at .0080 soon for a decent profit. But, I don't really know. This stock may just run up to .01 again with the right news.
Just don't freak out if it starts going down. You're in too high to take profits for the time being, and in my opinion, it wouldn't make sense to sell at any loss right now, when this stock is very likely to at least get back up to .0076 or so tomorrow morning.
Just be careful. And next time, don't go all-in on a stock. Always leave some around in case you need to average down, or if you catch another hot stock that has a lot of potential.
Hope this helps.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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posted
edgewise and gang , thanks for the helpful advise and tips. I see agrimax ".0070/.0072" What is he saying? Uptick, = .0075 .0076 .0077 .0078 etc Correct? So If I decide to sell some tomorrow at .0079 just type in limit order sell .0079. But really I don't mind losing it all, as you see I don't gamble at the casino , never have, not one penny. But here in this case with RSHN I don't mind putting up all the chips. I lose its OK. Eventually she'll go up. I can wait.
-------------------- Do not invest on any of my suggestions Posts: 1215 | From: baton rouge | Registered: Apr 2006
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quote:Originally posted by paulbest: edgewise and gang , thanks for the helpful advise and tips. I see agrimax ".0070/.0072" What is he saying? Uptick, = .0075 .0076 .0077 .0078 etc Correct? So If I decide to sell some tomorrow at .0079 just type in limit order sell .0079. But really I don't mind losing it all, as you see I don't gamble at the casino , never have, not one penny. But here in this case with RSHN I don't mind putting up all the chips. I lose its OK. Eventually she'll go up. I can wait.
Yea, limit order is the way to do it. Just put in whatever price you want. Once it hits that price, it will turn into market. That helps to protect you a lot from buying or selling too early if going by market price.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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posted
The sun do shine on a dog's azz occasionally !!
Good Luck Dude!!
8ball
quote:Originally posted by E-Z: Just curious how you can up a portfolio by 50% in a year, but not know what you are making/losing between .0068 and .0069???
quote:Originally posted by paulbest: noemotion, I have some experience in the market. and brought my father's potfolio up 50% in 1 yr. 800K to 1.3 M.
quote:Originally posted by paulbest: Sincere so you are saying if I see profits tomorrow then sell some. I get the feelin with stocks at this price one day you can be rich, the next very poor, and can make a man go crazy if he peeks too often. I just bought at MARTKET PRICE. Not sure how I can log in a price such as 00072. How do you do it. What is the difference between 0068 and 00069, Not much right? Please advise, I'm confused. AS I only trade in stocks over 10 cents.
Can I hold long, say a yr? Will this be over 2 cents a yr from now?
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