posted
Yea rob i think everoynr knows the potential here with this one! You can't beat this price seing how it hit .19 on thursday with only a few folks buying! Now most of the boards are talking obout this and tons of side bar conversations going on as well.
oh 19.5 hours left!!!!!
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
Well I bought this little stock on a fluke when it hit the bottom. I am suprised by all the attention it's getting now. I'm looking for another go at .19 and with all the chatter on the boards it may see a short touching of .25... Just IMO... Trade smart people and GL.
Posts: 132 | From: NC | Registered: Jun 2005
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posted
Few winnners after stock R/S data from few 2002 R/S
Snowball.com** (nasdaq: SNOW - news - people ) $5.25 317% 1:6 R/S United Online (nasdaq: UNTD - news - people ) $5.16 165% 1:5 R/S Corrections Corp. of America (nyse: CXW - news - people ) $16.29 89% 1:10 R/S j2 Global Communications (nasdaq: JCOM - news - people ) $4.30 91% 1:4 R/S Quotesmith.com (nasdaq: QUOT - news - people ) 2.50 16% 1:3 R/S
Common myth around is that value of ur stock become 1/275...(Thats what someone was saying on another forum)...However, (I think everybody on allstocks know this...we are some smart group of people here....but for few noobies)...even if the stock splits the value of ur stock is same as before the split... e.g.
Say you have 275,000 shares. If this stock rises to say $0.10 and then does the R/S then... You will have 1000 shares of NUCON!! and the stock would be traded at $27.5 each..... Now remember this mutibillion dollar company NUCON should have been trading in in $20-35 range in first place.....
ALSO remember this R/S is not because the companies pps was falling and was in danger of being delisted (which is the reason for the R/S of bigger comapanies trading on NASDAQ...who dont wanna get a penny stock status)....
This R/S is because the MONSTER company like NUCON will have to traded higher
and after there first revenue statement......
This thing is destined for higher range....
-------------------- This is not a recommendation to buy or sell securities. Posts: 1206 | Registered: Feb 2006
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How many shares of this stock has everyone purchased??? Also, is .015 a good entry point???
Posts: 448 | From: New Jersey | Registered: Aug 2005
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Net - I hope it's a good entry that's what I bought in at- 66,000 shares. I am going to top off my tank and try to round that off to 100,000 Monday morning. I am hoping I can get in at .02, but will probably chase to at least .05. Course once the open hits and this takes off, my juices will start flowing and God knows how high I might wind up chasing this one. I probably would have bought more Friday but am always leary of jumping in on Friday, than holding over the weekend. Seems alot of times momentum built up over the course of one week does not carry over to the next. But I think momentum has increased 10 fold since Friday afternoon here.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
I spent a few dollars on this on friday from 2:30 untill 3:55 buying at different prices! My low purchase was .014 and my high was .024 so IF you can get this at .015 which I really don't think we will ever see again then yes! I wish I bought more but I think I will be OK Oh yea there is 16.5 hours left!!!!
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
Matto- I just can't conceive of a stock gapping much more than 33%, in this case .005. Maybe it will gap to .025 but that's around 66% gap at open. Is that even feasible to hope for that big of a gap, with no news? I'm sure she's gonna run, just not sure of gap size. I am really pretty confident I can get in at .02. Am I being naive in my thinking?
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
Hey matto- I've not seen you so excited about a stock in quite some time. Get's me pumped to think that after all of the success you've had, you still get excited when you pick a winner. I've often wondered if I would lose my gusto, when or if I start making a lot of money at this game. Seeing you this excited, and knowing I'll never make as much as you have, let's me know that the fire in my belly will always stay lit.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
I just put in an order for 100K at .018 hope it gets filled if not will go for .02 what price should we try for in the morning
Posts: 448 | From: New Jersey | Registered: Aug 2005
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Simon should consider that subpenny radio is up against Desperate Housewives and Grey's Anatomy tonight. I'm glad he has a rebroadcast so I don't miss my shows!
Posts: 192 | Registered: May 2006
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haha im typing some of his points on it, ill post them after. Unless you do first!
Posts: 200 | From: Rhode Island | Registered: Mar 2006
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Here's a random rough quote summary... assume that I, he, and his = subpennyradio('s) his average is .019 or .018, theoretically speaking a lot of people want to jump into sfde, however they flipped a lot of previous plays and they like to keep flipping them because they don't have enough money in their accounts. People probably want to jump in but can't because their cash accounts are settling, and that is why it didn't move as strong as they thought it would on friday. Stock gapped up 2 days, so pullback filled both gaps and can now continue its run. Volume on friday was dominated by selling pressure because CEO dumped into the run. I believe it will go to at least 14 cents. I will probably be out of this stock sometime on monday, but depending on what is going on I may buy back in at the ask to get the momentum going again.
Posts: 200 | From: Rhode Island | Registered: Mar 2006
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posted
Correction on "Volume on friday was dominated by selling pressure because CEO dumped into the run" why would he if the stock hit .19 he want his stock to go higher!
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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![[Big Grin]](biggrin.gif)
on this on friday from 2:30 untill 3:55 buying at different prices! My low purchase was .014 and my high was .024 so IF you can get this at .015 which I really don't think we will ever see again then yes! I wish I bought more but I think I will be OK ![[Wink]](wink.gif)
Oh yea there is 16.5 hours left!!!! ![[Mad]](mad.gif)
