posted
yeah, that would have been a good move, but I don't think this news is very significant and it'll fall back to where it started. Considering it was at these price levels a month ago when they had a product going to Walmart and CVS....now they're a marketing company. Woo Hoo...
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quote:Originally posted by Baxt06: yeah, that would have been a good move, but I don't think this news is very significant and it'll fall back to where it started. Considering it was at these price levels a month ago when they had a product going to Walmart and CVS....now they're a marketing company. Woo Hoo...
Yea, I glanced over the news, and it did look rather fluff. I just knew that there had been a big demand about this stock before, and a lot of people had been in it, and it rose a lot with not-very-much pressure, so I figured news would kick some life into it.
I'm still new to all of this, but getting my thoughts down into posts for memory sake is helpful. Now I know that next time I see something like this happen with this sort of potential, I should jump in on it (at least a little bit).
Coulda been a nice 40% gain for the day. And yea, I'm sure it'll retrace all the way back down to .033. But I'll keep my eye on this one for the next news update. This thing can move when it wants to, and knowing that is important.
-------------------- Hindsight is 20:1. It's like printing money.
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quote:Originally posted by Civilized: Looking good today....If it breaks the .05 resistance barrier she has potential to run....
It would be nice if it would break it.. But I don't think that it will. It seems like too much of a psychological barrier for people. I wouldn't recommend getting in now. Look at its past. Without PRs, this thing just gently falls back down over time.
Just my opinion, though.
-------------------- Hindsight is 20:1. It's like printing money.
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posted
This stock needs 3 more weeks to consolidate the last run. Too many investors got trapped above 0.048. There is no chance to make a run this time. Now is a good time to get out, not to get in. Edge is correct, it will fall back to the root in a few days. Wait for one week, and get back in at 0.038 or so. IMO. Do your DD.
posted
We shall see....Im not disagreeing at all because the .05 resistance is definately there...I do however like the company and the upside it brings...It has shown that it moves like crazy on PR's and MMAM is obviously trying to get their product on shelves....With the in they already had with CVS and Walmart the door could open back up as quickly as it shut....so its definately one to keep an eye on. It does a good PR and volume to get it back to where it was before IMO
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My best advice is to just keep an eye on this. Don't buy in until the PR is out. I had this on my Yahoo watch list, and when I saw the news, I jumped onto here to post about it as soon as I could, cuz I know that news has huge potential with this stock. But, be patient with your buy into it. Give it some time to recoup. It should have another nice run with the next PR they give.
-------------------- Hindsight is 20:1. It's like printing money.
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quote:Originally posted by Civilized: Looks like it didnt want to wait ;-).....popped right through the .05 resistance today now up to .06.....
Hmph. I missed this golden opportunity now 3 days in a row. Missed IPRE, which I caught last night, but didn't go for. The 2 stocks that I did get in yesterday are down.
But I think it will all work out in the end. This one just felt a bit too risky for me.
Then again, the RSI is still relatively low, and I wouldn't be too surprised if this thing did get back up to a dime. But I'm not gonna dare it myself.
-------------------- Hindsight is 20:1. It's like printing money.
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posted
Only if we could predict the future....hehe....The way this thing held at .05ish yesterday just gave me the feeling it would finally break through but then again it could have fell like crazy too so true it was risky....Now if it can break .06 it should take a nice leap....Im out now looking to see what happens next...
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