posted
I want it to be green. I want every tick to be green. I want the chart to be a straight line going up daily at a nice steady pace.
Forget wanting it to dip, how about buying in now and wanting it to rise? That works.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
| IP: Logged |
quote:Originally posted by Robbie English: well with so many different PR's to come out, one today would be nice... even if its just a photo of the new logo and can.
Hopefully we move up back over .008 today
That's a very good point... but unfortunately most of the newbies don't fully understand the potential of this thing.
There are soooo many pending deals, and things in the works -- any ONE of which will make it go way up.
Let me say this again, penny stocks live and die by PRs (press releases), and a stock can see incredible increases in PPS, as a result of a "favorable" PR...
MOST penny stocks are lucky to have one or two good things in the works.
But RSHN has so many things going on right now that we could easly see 2 to 3 PRs in a single week when things start to come together.
Here are just a few of the possible upcoming PRs:
Confirmed (domestic) sales and distribution deals from the Expo...
The new overseas deistribution deals in Japan, China, Hong Kong, Europe, and ????
Possible nation-wide placement in Wal-Mart stores, as a result of their expansion into the organic market...
The final acquisition on the Midwest brewery with Mr. Lynch -- which results in instant revenues (and new products) and increased efficiency for production (and now canning) of the existing products...
The rumor for yet another brewery acquisition in California...
The new "can", labels and logos...
The new flavored teas and fruit juices...
Ewater, and Ewater sports drink...
The new PR firm, which is creating product branding and industry buzz...
As well as any one of a dozen possible new deals that we haven't even heard about...
Not to mention the possibility of them filing an 8K or 10Q (Quarterly Report) -- which micro caps are not required to do, but would be very likely when the company starts making money...
I just can't stress enough what an incredible opportunity we have been given. And just so you newbies understand, this kind of thing DOESN'T happen every day.
This is a REAL COMPANY with a REAL PRODUCT !!
Now walk down the isles of your local grocery store and look on the shelves... wouldn't you have LOVED to buy shares of companies like Coca Cola at less than 1 penny per share ???
If you miss the boat on this one, don't expect to just jump on the next BIG ONE... Because it won't come along for a while.
With that being said, you should be smart with your money and take some profits along the way, but make sure to keep some "free shares" for the long haul.
A year from now you will be richly rewarded!!
But most importantly BE PATIENT... the PRs will come when they are ready. If you put yourself in a situation where you NEED a PR to hit in order to pay your rent, then you can get hurt.
I'm not trying to PUMP this up, with claims of $1 PPS next month, but just imagine what your portfolio would look like at the end of the summer/year, with a PPS of .05 to .07 !!!
quote:Originally posted by Jason0321: look ive got 700K already. Id just like to buy a few more on the cheap. But you're right. I am new and didnt catch this one at the bottom.
Do not worry!! Accumulate at these prices is still a bargain. I own shares from .0004-.0086
Posts: 2063 | From: Europe | Registered: Feb 2006
| IP: Logged |
posted
Just be happy that you can still get this at a bargain. It's going to explode soon!
-------------------- 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
| IP: Logged |
posted
So the MM have been trying to work this one down and it is not happening... Why don't they just do the oposite and VERY slowly work it back up to say... .008 and build a new base there? That would increas the volume again, attact some more new money and even they would make money. Just a thought......
Hey Donnieboy, I love your idea! Vertical works for me.
-------------------- I wrestled with reality for years, Doctor, and I'm happy to state, I finally won out over it. Posts: 1794 | From: Killeen, Tx | Registered: Mar 2006
| IP: Logged |
posted
I agree, but the damn MM's are greedy unlike I who is long and strong. They could bring it up another level and still make money.
-------------------- 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
| IP: Logged |
posted
I just want to say what a great site this is. Ive been trading for less that 3 months. Ive been in pennies for less than a month. All of you "old dogs" who are offering your years of experience to those of us new to trading.....thank you.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
| IP: Logged |
posted
Slow climb without a PR is my guess. People might still might be anticipating Friday PR's, so that could add buying pressure. Mid to high .007's maybe?
Posts: 1053 | Registered: Mar 2006
| IP: Logged |
posted
Some people get bored fedup and just want to make money faster... so they get out and go lose their money in a much less reputable stock.. Could be the only reason.
Posts: 2063 | From: Europe | Registered: Feb 2006
| IP: Logged |
posted
Is .01 the target everyone is shooting for, or does anyone see it going .015-.02. Is that even possible? Like i said, ive only been at this a month. I dont know how to project this.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
| IP: Logged |
posted
this stock has a potential for .02 in the very near term and a hypothetical 5-7 cents in it if it is solid contract news.
Posts: 2063 | From: Europe | Registered: Feb 2006
| IP: Logged |
quote:Originally posted by JoeMillion: One word read the past couple of pages, WOW!!!!!!!
Hi Joe, It's really fun to see the latest 300K+/- share whizbangs try to tell the 'Old Hands' who hold MMs of tickets-to-ride "..who and what they think they know.."!!! "..Ha ha ha ha ha...............
It will be really interesting when they can start finding these stocks in advance, at their dead lows, and bringing them to the Boards. As opposed to sputtering like an RB Newbie who just got his posting privileges on that schmidtfest, aye....
Onwards and Upwards my friend. And, "..May the Harley be with you.."!!! Who needs the 'Force', when you have a 120HP fuel-injected Revolution engine bolted into your shiny new Putt..!?! "..Ha ha ha ha.....
I'm going to have to ask Bob Corr to cut a Promo deal with Willy G, so all the recently rich "..RushNutz.." can get a discount on a new Harley for Sturgis this summer....
posted
Ok help me out. There has been very little volume and the RSI is at rock bottom. The stock is outside the bollinger bands. Does this signal a weak stock, or does it mean that no one wants to get rid of their shares at the current price?
Man I'm new at this. You study and study before you get ivolved. You think you got a handle on it when you're paper trading, then you get in the stock and second guess yourself at every turn.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
| IP: Logged |
posted
Jason - if you look at chart patterns like a "bullish flag" or "bullish pennant" you'll see that this is a pretty typical chart. Usually a big increase on heavy volume and a pullback and low volume. The fact that it's pulling back on low volume is a good thing...exactly what you said, most people won't sell at these levels. The ones who will are impatient with the idle week we've had. Most times the stock breakouts of this pattern in the way that it was going into this patter (up in this case). Consolidation is a good thing. We won't have nearly the resistence at .01 as we had the first time around.
posted
This stock hasn't been below .0065 for 8 days running. I'm hoping it keeps it that way.
With this point as a base, we probably won't see major resistance till .0325 (500% from here). And there should be no resistance at a penny at all anymore.
Just gotta see some contracts and pretty, pretty dollar signs. Flipping is pointless now. There's hardly any spread, and hardly any volume. Just sit on your shares for now and wait for the eagle to hatch and soar.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
| IP: Logged |
posted
Ok, then my next question is, why will there be less resistence at .01 because of the pull back? If this classroom lesson is pissing people off let me know. Im just trying to pick up some knowledge durring a slow point.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
| IP: Logged |
quote:Originally posted by Jason0321: Ok, then my next question is, why will there be less resistence at .01 because of the pull back? If this classroom lesson is pissing people off let me know. Im just trying to pick up some knowledge durring a slow point.
Previous resistance at .01 was (in my opinion) due to the large ammount of entries into the stock at .0005 and .001, setting their sell limit up around .01 for a 2000% or 1000% increase in their investment.
Now, with having a new support level of .0065, we will see a new set of people that will have higher required sell prices, so instead of setting their sells at .01, hopefully, they'll set them to .03 or so.
This is just my opinion though. And I'm far from being really experienced. But I think my logic holds up.
Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
| IP: Logged |
posted
Yes, you're right. Also keep in mind all of the people who bought in at those levels near a penny. Some may sell to break even, but most will hold for some profit.
Posts: 1053 | Registered: Mar 2006
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
