posted
I know what you're saying, I'm waiting for this puppy to go back up to .012, so I can sell and double up on my buy when drops down to the .007 or lower range again. Figure I'll play their game, sell for modest gains or double, and buy back in when it drops. That way I'll keep increasing my positions and when this does take off I'll have brick load of shares.
Posts: 224 | From: Denver | Registered: Feb 2006
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posted
I too replaced today at 0.0063 what I sold on Tuesday and Wednesday at 0.008.
10of13, I think our new levels are under 7 and over 8 what we were doing from 11 to 14.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
There was a $12,000 trade at 0.0057 today. It seems they walked it down for that huge trade. But as soon as the trade went through (below the bid) it started to come right back up.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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quote:Originally posted by Squire38: There was a $12,000 trade at 0.0057 today. It seems they walked it down for that huge trade. But as soon as the trade went through (below the bid) it started to come right back up.
I snuck in at 0059 and was happy to see the close --- the last time I owned this I was out at .019 and have been eyeing it ever since --- a very active thread to say the least.
quote:Originally posted by TBOR: Are we still ok? 0.0065
this stock is controlled mostly by the MM's...it won't run until "they" want it to...if you are looking for a "short term run"...this may not be it...but when it is finally let go by the Mm's...it should go pretty well...
GLTY...and happy 4th everyone...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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quote:Originally posted by 10of13: Agree Squire...
And for today..ARCA is going to help us out by keeping it on the low side...buy today sell Monday?
And you wonder why it won't run higher???
Buck*******... No sell today... I am playing the same game as the MM's...I bought and held at .018...the MM's kept bringing it down...and I joined them in their game...so if you are trying to "put the blaim" on the low PPS on me here...I don't think so...my small little shares traded once or twice a week mean nothing...
GLTY! and Happy 4th...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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quote:Originally posted by 10of13: Agree Squire...
And for today..ARCA is going to help us out by keeping it on the low side...buy today sell Monday?
And you wonder why it won't run higher???
I, for one, sell at the ask. I also currently have many more shares now than when I 1st bought back in February. I also on flip a portion of my shares at a time, very rarely will I flip my entire position. Most of my sales have also been on days when we had higher than normal volume.
If I haven't had sold, and rebought then I hould be down to about 25% of my intial investment, not good. Instead I am on free shares and have an even bigger position, seems good to me.
I also (most of the time) buy at the ask.
I believe it will run higher once the powers that be want to run it higher.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
With the amount of shares of IGAI I now own X 0.09 I could become a very, very happy person for quite a while. Should I go ahead and set a stop order at this price? Any predictions (or expections) as to how high this thing could go? 52W High: 0.2000 (12/14/2005)
I understand that this questions might be better served at one of the "for newbie treads", but I am talking about IGAI....
My problem is going to be knowing when to let go. I've read that you should take the money, run and never look back, well I have looked back at some of my last trades and come to the conclusion that I should have hung in there a little longer. What factors should I use to determine when it might be time to jump ship? Volume?
Hope I do not sound too stupid....I am sounding stupid! I do not know any better, really.
Any input would be greatly appreciated.
-------------------- "What we have here is a failure to communicate". Posts: 226 | From: TX | Registered: Jun 2006
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posted
I look back at everything, but the thing is don't get hung up on woulda, coulda, shoulda.
Be happy with any profit. Period. Any green is better than red.
I don't know about setting a sale order at 0.09. It would suck if you are watching it and it peaks at 0.0885, then starts to falls. I set exits points, but if they don't reach my points, and I see the PPS start to fall, I sell, then later I might rebuy once it stops falling and starts to climb again, wether it is the same day or weeks later. For example, I sold out of RSHN (it did not hit my exit point, but it did start to fall), but recently rebought since it stopped its descent and is now reclimbing. Took a long while, but better to rebuy in the low 20s then have rebought the same day or week even as I sold last time.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest niche charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
-------------------- "What we have here is a failure to communicate". Posts: 226 | From: TX | Registered: Jun 2006
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quote:Originally posted by TBOR: Found the answer to my question:
OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest niche charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
posted
Tex.. are you sure you are not aware of this in OTCBB trading????
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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Yes, a link to a board here is sufficient, thanks.
Problem is, I asked for attribution on that board, too... wheee!
no, it sounds OK, and the poster who originally brought has a good DD rep; but see what I mean? Now if we discuss it, how do we attribute original source?
posted
My patience is running out on this one. Anyone have any insight on why it keeps going down?
Posts: 438 | From: just outside of nowhere | Registered: Mar 2006
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