Hello everybody!
I wanted to enter this boards battle!
On this topic I plan to post the trades I will make that will take a tiny account and make it a million dollar (not so tiny) account.
At first I expect to play only 1 penny stock at a time, with the whole account. If/as the account grows(quickly if my analysis is correct) I will branch out my plays, eventually to non-penny plays as well.
My trades will be based only on Technical Analysis that I have been working on. I will not know what the company does or what industry they are in, unless the company name gives it away. I will definitely not know a thing about their fundamentals or any news items(noise).
These 1st trades will be for an extremely short time period. I will only post the play after I buy and after I sell. These are real trades in a risky environment and I believe it will be fun to watch and study.
I will calculate my progress using a mock $10,000 account.
So I'm putting my trust in T/A and my research. Posting these plays will help keep me disciplined and allow me to share this experience with my fellow 3SoF traders.
This project is a challenge to myself and I plan to win.
>:D GO get'm >:D
Good luck :)
Man...how much longer do we have to wait?
Penny stocks!!!! that is too easy with your following on this board you just have to mention the name and it will go through the roof ;D
Good Luck!
elite its your choice to start with 10k instead of 1000 like dave but if you chose to start from 1000 then we will have less confusion and we can see some fireworks in the scientific experiment arena. And above all small players like me who can risk 1k but not 10k will be greatly benefited. :)
Hey G, That's great man....Go get em Wizard!
But you know...LOL.. :D It sounds like you are going to do what I already do.
I will not know what the company does.
I will not know what Industry they are in.
I definitely do not know a thing about their fundamentals or any news items.(noise) hurts my ears.
Good luck being setravis. ;D
Could soon be known as "The Daily Double"
Looking forward to it :D
man oh man this is getting exciting !! :o ;D
will watch closely and cheer for u guys!
good luck elite!!
I think you guys missed the point.
EliteG said he will post the results after he buys AND sells. I don't think he wants us to follow him.
(Which is a shame, boo!) :)
Good luck in any case!
Elite,
Think you are great and not questioning your credibility. Just initial thoughts on the project prior to doing it.
Problem with posting after is that you can buy and/or watch a few and then claim you bought the one that rises substantially. :o
Unless you post immediately and the price is within a tight range of where you posted the buy and sell, people may have a hard time following this.
Plus posting immediately will help you with the price action. (Selling is always tough because someone usually gets the bag).
The way that David does it is perfect ! He lays his selection on the table regardless prior to movement. That is what separates this site from the rest where people claim 200% returns After the fact.
Quote from: fill_the_gap on July 10, 2005, 07:23:54 AM
...
Problem with posting after is that you can buy and/or watch a few and then claim you bought the one that rises substantially. :o
......
Fill_the_gap,
Before You say things like You did, please take a little time to read EliteG's previous posts in different threads. Quoting EliteG:
"This project is a challenge to myself and I plan to win" - will EliteG lie to EliteG? Doubtful.
I'll invite eliteG to send me a message of the stock he buys, with time, price etc. and after the sell, time, price etc.
I'll be happy to post the results here - after the sell.
I have no free money to follow eliteG's moves with, so ....
Would that do?
What do you think, eliteG?
I think this is exciting!
Cheers!
Thx everybody for the encouragement and concern ;)
I was planning on making my first purchase between 2:30pm-4pm..if I find something :)..tomorrow and I was going to post it after market close. I may sell it immediately the next day so I don't recommend anyone to follow because it may be too late. >:D
I am a trader just like all of you. (link to some info about me http://www.3stocksonfire.org/trading/index.php?topic=1240.0)
I have had picks go very well and picks go terrible.
I have never turned an account of any size into a million dollars but I feel that the time is now. It would be great to bring other traders along for this ride but the truth is the account could be zeroed out very quickly. At least allow me to prove myself with more than "picks" but actual trades. Knowing stuff is great but what you do with that stuff is what defines who you are.
If it starts going really well, I may try letting out a pick before end of day, if I think it won't skew these plays(traders that follow picks can be helpful and harmful).
Once I am done with NVAS and TYRIA my only penny plays will be what I post here. I disagree with being in penny plays for a long time or having many of them. I feel it is very difficult to analyze pennies(its difficult to measure an Atom but they can be nuclear). The work I plan to do for this thread will take me most of the trading day(along with my other trading activities). Hopefully this will focus me into a fine trading machine.
Bottomline is this is really my capital going in. These picks are all based on my analysis whether they are posted in one of the boards or not. I am not using any customary T/A methods, no indicators, no moving averages on my charts, no fundamentals, news, earnings.
What am I using then(no not magic :D)?
All I will say is that I have studied...and studied...and researched(starting 3yrs ago on this)...and I may have something. And I guess we'll all find out.
You see this is the only place where a trader can have a true peer review. And I am submitting this project for your approval. 8)
Good luck G!
Wish you the best
Go elite Go! ;D
you do what u think is best for this project.
it will be interesting and valuable for us to read and learn nonethless.
we always wish u the best! hmm .. :P as long as u answer our questions on all boards! :P
good luck and lets have a good week!
Hi, eliteG
good idea. Of course, it is great for us to watch the race against yourself, so we can learn a lot from it.
However I think that the set of rules which supporting you on the beginning will become in a certain way obstacle on the end. And this is why you and many other (inclusive me) may have not achieved this in the past.
Going with pennies and only technical may be applicable while staying in the 1,000$ to 20,000$ range. As much the account is increasing it will get difficult in finding the right deals.
Staying with microcaps will result in many stocks you will deal at one time – a real challenge I agree because with more than 20-30 stocks at one and the same time the risk is high to loose control. The result will be that there will be more and more duds in your account eating in to your performance (as you already mentioned).
If you want reduce your number of stocks or above 100,000$ you have to switch to more liquid stocks – small and midcaps, otherwise you can not place your orders anymore. In this case you have to take fundamentals and news into consideration especially if your account reaches 1,000,000$ area. The movements will become more slow.
The next daemon to fight with it in this case is someone's own patience.
I think the secret lies not only in the method to follow disciplined the initial plan. The real secret may be how to adjust the trading plan and adopting him on the situation on the account in a disciplined way.
I just draw a parallel to the physics/engineering. The one who handles the (linear) functions is the master but the one who masters the dynamic of the functions is the king.
I do not want to discourage you from this project, no no! I am also really exited.
Just some toughs to give the experiment a little spice. Maybe we can find somethng which is adoptable to many of us, and that would be to the benefits of the whole community.
If it is not revealing your total secrets, you may explain afterwards how you have made the choice so we can recapitulate the scenario and learn from it.
Also, go on... ;)
Regards
andyman
thx andyman :) that is exactly the spirit I'm looking for. Adaptation will be key to this fight. I am trying to just think about one trade at a time and we will see how it goes. I think a lot will become clear as I begin to make the trades.
goodtrading ;D
I think we gotta watch this guy really close gang !! I smell research here on an up and coming world famous book that we are all gona want a copy of :). So we gotta give him plenty of space to swim around in 8).
I'm just wondering if there is gona be a downloadable copy for 3SF review ;) ? Kinda of like what the movies do! ROFLOL !!!!
You go guy!!! We're behind you all the way.............. ;D
thx a lot Tirebldr ;D
I guess you can call it live research :D
still scanning for my stock
Elite,
Just wanted to throw NTRZ in for a glance....it's out of control!
thx tommyt, but it is not under consideration at this time...to tell you the truth I'm not sure anything will qualify today. :-X
Great to be able to watch u as u yourself gain momentum in the trading world...just like a good reliable stock..it will take u places....i think we're all going long on eliteg!
i'll be watching and routing for you...i know you'll do well.
julia
have fun!
thx Julia :)
Nothing qualified today but I see some things setting up for tomorrow...almost 100% certain I'll make a buy tomorrow for the "project" ;D
Hey Elite I think I know what your buying could it be GRYF. : )
good pick that was under consideration ;)
at the last moment I saw something that qualified. FCCN @ .17...didnt get as many as I wanted. Broker is gonna try to see what he can pull. So I guess thats the first one. I'll probably pick a second one tomorrow too.
>:D
bought today
so the first stock for the project is doing well ;D up 44% >:D @ this time. I only got filled partially so I have to debate what is the right thing to do.
allright cant count FCCN as a project "pick" more of a test since I didnt get fully filled. got 20.5%.
Testing some more... >:D
BCON and TWAV
lets see what they got ;)
BCON and TWAV closed right by the highs! I may let BCON go more than tomorrow but I will probably take profits on TWAV...if it goes up that is... >:D
I'll just calculate it as if I bought right at close for these test picks...
...sorry i know its a bit disorganized round the Infinite Compound...lol, but just gotta get some tests out of the way
...by next week I'll be able to rock for real and be organized about it. ;) i hope...hehe :D
Cool project eliteG !
I'll be watching this carefully ... andyman is right in all he says.
Good luck ;)
Quote from: David Randolph on July 12, 2005, 06:58:45 PM
Cool project eliteG !
I'll be watching this carefully ... andyman is right in all he says.
Good luck ;)
thx david :) excited about your new take on the pennies too ;)
elite it seems that your fast moving in and out of the stock wont help us. Goodluck :)
not so fast stocky ;)... why can't you replicate what I do? A buy the day before @ close, and sell some time the next day or few days later?
oops, if thats the scheme then its ok. I thought that you are gonna daytrade :)
Anyway, your other picks have made me more money then I would have made at the superlotto :)
Good luck with your picks Elite! Will be following closely.
What I would really like to know is what is that purple guitar playing thing and what does your motto mean.
Thanks
Quote from: boatguy on July 13, 2005, 07:38:59 AM
Good luck with your picks Elite! Will be following closely.
What I would really like to know is what is that purple guitar playing thing and what does your motto mean.
Thanks
Thx can always use lady luck :)
Guitar thing is just a colorful picture I found on the internet. I play g-tar so I just put it in there. lol
The motto is a stock motto:
Don't eat like a bird(don't take little profits)
And poop like an elephant(and take huge losses or a huge loss)
Quote from: stocky on July 13, 2005, 03:44:24 AM
oops, if thats the scheme then its ok. I thought that you are gonna daytrade :)
Anyway, your other picks have made me more money then I would have made at the superlotto :)
awesome man! makes my day ;D
elite can you plz list your pick atleast 15 min before close, b/c at scottrade I cant trade any stock after hours other then NASDAQ listed ones. [meaning OB and PK are out of it].
That was the reason I missed the FCCN run.
I'll probably just list it right when I do it..this is gonna be fun >:D
Did TWAV and BCON confirm any theories ?
Give an update when you get a minute.
You ready for the next selection ?
yes they are helping clear some things up ;) IDCO is next on the test block... I posted it in the pennies just a few secs ago...especially with this down market, I think it looks great ;)
The past 3 have faced alot of resistance. What have you learned ?
Keep going, the system will work. 8)
thx fill, I'm looking into it and definately learning a lot.
I've cleared up some research things this week and hopefully after the weekend I'll be ready to start. I want to get some hard and fast rules down so I can get some feedback from everybody who wants to give it. ;)
Totally drained from this week. Everybody have a great relaxing weekend ;D so we can be millionaires next week...or the week after ;) 8)
Thoughts:
Allright, I don't know about you guys but ever since the AMRE +1000% trade by David(http://www.3stocksonfire.org/trading/index.php?topic=178.0) I have been obsessed with the pennies.
I was truly going to give them up but then BLYC(http://www.3stocksonfire.org/trading/index.php?topic=971.0) and
SFTV(http://www.3stocksonfire.org/trading/index.php?topic=973.0) ran some hundreds of %....geez.
They were never a part of my trading plan before but now they take up a lot of my analysis time and I've decided that shouldn't be the case. David's .16% calculation (http://www.3stocksonfire.org/trading/index.php?topic=1594.new;boardseen#new) on the chance of a double to occur solidified it for me.
The thing is with pennies you pretty much risk 50% minimum on every play and the only reward worth that risk is at least a double, in my opinion. I am a quick momentum trader and I like to daytrade. I am used to exiting a position after a tiny tiny loss. The pennies just don't fit in to this philosophy. Yet the thing I enjoy the most about the markets is technical analysis research(yea sounds fun... I know ;) ).
How I did the technical research for pennies was pretty simple but took a while. I found huge % (greater than 100%) penny moves and studied the price and volume action before hand. All these moves had to occur with a minimum volume of 1 million shares. I asked myself: are any of these moves predictable using just T/A?
I went in with the bias that volume would be the key because to me volume is the only safety net in pennies. Volume bursts in the pennies are tricky things. I think a trader would zero there account in less than a month playing penny volume bursts. They can be very fake signals.
I got rid of all the noise on the stock chart. No moving averages, no indicators(other than volume). Stocks rising many % are not going to bother with moving averages or indicators. Just a linear chart showing prices and volume. And I studied...and I found out some things but they are pretty worthless without a trading method behind them.
So I worked on that and have some things figured out.
So here is my finding and how I will trade it:
Basically:
A price increase with volume burst which falls back and then breaks out, with volume, of the highest close of the volume burst rise can rise a heck of a lot.
More Technically:
-Filter: on entry day: stocks < 0.50 with volume > 5,000,000
1. Price increases with many times avg(60ema) volume.(this volume increase must stand out compared to other past volume of stock)
2. Price falls back for at least 2 days.
3. Entry is when price crosses the highest close since the volume rise with volume > avg.
4. still working on exit plans
These plays do not setup often. But I will be ready when they do. I estimate 20-40 like these per year. From now on these are my only penny plays. Back to stock picking.
Any feedback, suggestions, advice or other research welcome.
Basic idea picture..and I'll follow with some examples.
CYOS
SMTR
Interesting strategy G !
I will try to make a custom filter on Metastock, to find stocks with your setup.
(applaud)
Quote from: Ramsburg on July 16, 2005, 02:17:44 PM
Interesting strategy G !
I will try to make a custom filter on Metastock, to find stocks with your setup.
(applaud)
Thats great! ;D If a bunch of us scan for these...they will be hard to miss ;)
I think you definitely have a powerful technical setup here eliteG. Any stock can make a single move. But make a move, pullback and then make another move to new highs only fundamentally backed stories can do that, I guess.
I guess Ramsburg, who knows how to program Metastock like no one (well, I know a master on Metastock programming, but he doesn't write here (for now, how about inviting him Ramsburg?) could test your rules and find their accuracy rate.
Another real good trick with this setup is that when you buy on the second breakout, you can set a simple stop rule of closing the trade if the stock closes back below the breakout level.
With this kind of «net» I'm sure this is a strategy that will bring anyone who executes it a nice performance, perhaps very high performance !
I'll applaud you eliteG, amazing post here !
I like that exit rule but I have found some cases where you need a bit more room to retrace...you know what? I'll just keep on posting the charts I used for my research. This way we will all have a bunch of data to come up with something >:D
I would definately like to know the accuraccy rate ;)
GZFX
DNAG
works with > .50 cent stocks too ;)
another DNAG
VIVI
IFLB
SHRN - breakout break loss exit works well here ;)
IBZTE
PTSC
CPTCQ
another CPTCQ
GTE
another GTE
to make sense out of the pattern I see:
1st stage: up impulse
some people find out news ahead of public and cannot keep price down to get the amount of shares needed(1st high volume move up) These people are not interested in long-term gains.
2nd stage: down/flat/drift
If stock continues up immediately I have noticed more failures because those who just bought have an instant gigantic profit.
A few down days afterwards solidifies the original purchasers(1st high volume move up) into getting a big gain from this stock and they support it.
Meanwhile those who noticed the volume burst are researching into the company. Trying to dig up news and check on fundamentals.
3rd stage: up and away
Those who were digging find something, momentum traders join in, news release or release pending. The height of this stage may be based on visibility in the trading world.
Obviously, you see, I believe that the penny world is just hot air. You may find an exception, I hope BRVO turns into this, but I believe that chance is lower that .16%.
Goodluck to everybody, hope these charts help spark some ideas...
:)
Great work elite. Applaud.
:)
This topic is already a «case study» ;)
applaud again ;)
So, as you nail down the theory, see that it consistently applies, we then await the picks you find that meet the criteria ?
I'm traking down some «G-Patterns»
(I guess we could name it like that hum ? >:D)...
What do you think about this example: SWKJ.OB
it's only one day example, but I guess it fits the G-Pattern ?
what do you think Mr. G ? >:D
lol ;D g-patterns.. >:D
about SWKJ...It might do well but I dont believe it fits. First it doesn't have at least 2 down days. and 2nd it needs...well its hard for me to explain but it has to be higher in the pattern...more standing out. You can see it in the example studies.
but of course now we have it for testing ;) and we can modify the theory accordingly
your pick, ADDI, which I bought on Friday too, looks very close Ramsburg. Its why I got excited. What do you think? 8) notice how the price bar looks all alone?
...we will find out I guess >:D >:D
Yes... you may be right about SWKJ, because it's only 1 down day... let's keep it on track, and try to learn something out of the move...
About ADDI, yes, it's a classic G-Pattern ;)
LOL... I have to call Mr. Bulkowski, he must update his «Enclyclopedia of Chart Patterns (http://www.amazon.com/exec/obidos/ASIN/0471668265/3stocksonfire-20?creative=327641&camp=14573&link_code=as1)» ;) >:D
I'm looking forward to see how does ADDI goes this Monday... It would be a good test to this theory.
best regards !
QuoteAbout ADDI, yes, it's a classic G-Pattern ;)
LOL... I have to call Mr. Bulkowski, he must update his «Enclyclopedia of Chart Patterns» Wink >:D
:D :D i have to applaud that...LOL
EPYH: case study
EPYH is interesting. Its getting approx. one PR per day.
Applauded both elite and rams for their fine analysis.
what do you guys think of this added rule for g-patterns ;):
The fall-back cannot penetrate the low of the initial volume push(stage1).
HISC thoughts
BLYC - hmm
WGAT
IDCO - could do it 8)...
but notice how it has all that supply over on the left side of the chart(the higher prices)...the ones that have worked didn't really have that...another thing to study.
EliteG, anything you like for a buy this morning, from the various ones you've posted ??
goodmorning tex ;)
nope. Most of the ones I posted are just for study. I will be scanning for these and I'll post if I see a fit. I just gotta remember to let the patern come to me and not force it. Let me know if you think you find a g-pattern hopeful.
lets kick it >:D
Quote from: eliteG on July 18, 2005, 08:43:11 AM
goodmorning tex ;)
nope. Most of the ones I posted are just for study. I will be scanning for these and I'll post if I see a fit. I just gotta remember to let the patern come to me and not force it. Let me know if you think you find a g-pattern hopeful.
lets kick it >:D
Toughest lesson right there. Being patient, not chasing stocks, and then not falling in love with them.
I think Elite's analysis takes the following into some finite details:
Weinstein: Secrets for profiting in Bull and Bear markets:
'There are 2 great times for an investor to do new buying and both centre on the breakout point. The first is when a stock initially moves out of its stage 1 base and enters stage 2. The second and safer time is when a stock pulls back toward the breakout point after the initial buying frenzy burns out. The advantage of buying on a pullback is that you get to play movie critic and judge what you have seen. Did stock move above breakout point, did vol pick up impressively, did vol contract on pullback. Once you have watched the action you'll know if you have an A+ or C- breakout stock'
thanks Aussie...this is a great perspective to think about. :)
We are looking for A+++, and so nothing less than the best will do.
yes...i'm feeling that monday morning pump :D
Elite,
WFTV formed a double bottom on Friday on high volume. Don't know if you've still been following but it's one you've mentioned before. Might be time for another ride here. Your thoughts?
Been trying to post the chart but just can't seem to do it
hey kressad, a bit early on the double bottom talk aren't you? ;) it needs to move up from what your calling its 2nd bottom 1st...if it does this with volume, maybe then lets talk.
Very true, very true.
So let me re-phrase: POSSIBLE double bottom formed ;)
Can't deny that now is the time to start to keep track of it atleast.
lol, possibly :D
I would look to find a nice g-pattern penny instead of a double bottom penny... >:D
Seem to notice most move heavy on volume for three days and then start a correction.
Exit strategy may be on the fourth day and if you've missed getting in before that then patience for the next train coming through and not jump in.
that might be the case daldrich...we will see with ADDI which seems to be in progress. I am lovin it! strongest thing on my lists for today and I own it...nice 8) >:D
i sold 1/2 ADDI because it surpassed a 100% move from its classic g-pattern breakout >:D
it is up 75% as we speak!!
so was addi part of the experiment? what is the portfolio value at right now? It was based on 10k beginning or 1k beginning?
Everything is a test unless I post the exact buy @ buy time and sell @ sell time imo(that would be fair)... ADDI, IDCO and FCCN were the only real money ones I participated in but again I didn't post any values so they remain as tests.
Not sure if it is even important to track a portfolio now..what do you guys think? just g-pattern plays or is it important to show a portfolio growth?...hmmm
I also have some other research things to discuss with 3stocks as well...some goodies ;)
Elite, the portfolio approach might be good. As you can see, many of us have been watching your postings closely, and in some cases wondering if they were opportunities or recommendations, or merely tests, as you've now noted.
hi eliteg,
in regards to ADDI, its in a stall position right now at ask of .08...is it still worth it to jump in...do u think it will go to .1 again today?
thanks
julia
Quote from: gmarc66 on July 18, 2005, 12:13:00 PM
hi eliteg,
in regards to ADDI, its in a stall position right now at ask of .08...is it still worth it to jump in...do u think it will go to .1 again today?
thanks
julia
julia thats the whole idea behind playing these pennies only with the g-pattern!! A buy here
might make you money but it is very late and away from support. Buying when the 1st stage g-pattern break occurs seems to be a safer and more $$ play. ADDI g trigger was the break of .028(yea far away now) or it seems anywhere on the candle that breaks it.
Quote from: atalltexan on July 18, 2005, 12:11:14 PM
Elite, the portfolio approach might be good. As you can see, many of us have been watching your postings closely, and in some cases wondering if they were opportunities or recommendations, or merely tests, as you've now noted.
the pick philosophy makes people do their own DD more...that helps me as sometimes I bring up a play that I have not entered yet...and when I hear some FA from our gurus and TAs from our wizards I become more convinced..
eliteg,
what about creating a thread both in the stock picking and penny stock picking forums something like g pattern stocks where maybe you put in the first reply defining what it means for a stock to have g pattern characteristics and where users can post if they see something that might be a g pattern where you can validate if it is and to to keep statistics to see how powerful this pattern can be. you might call it the g pattern portfolio.
I like the idea you bring to mind..which is basically taking statistics on anything that resembles the g-pattern...a lot of work though but may definately be worth it. Good ideas.
so the g factor hypothesis, is it (what follows is eliteg's explanation on prior replies to this thread)
So here is my finding and how I will trade it:
Basically:
A price increase with volume burst which falls back and then breaks out, with volume, of the highest close of the volume burst rise can rise a heck of a lot.
More Technically:
-Filter: on entry day: stocks < 0.50 with volume > 5,000,000
1. Price increases with many times avg(60ema) volume.(this volume increase must stand out compared to other past volume of stock)
2. Price falls back for at least 2 days.
3. Entry is when price crosses the highest close since the volume rise with volume > avg.
4. still working on exit plans
or is it
to make sense out of the pattern I see:
1st stage: up impulse
some people find out news ahead of public and cannot keep price down to get the amount of shares needed(1st high volume move up) These people are not interested in long-term gains.
2nd stage: down/flat/drift
If stock continues up immediately I have noticed more failures because those who just bought have an instant gigantic profit.
A few down days afterwards solidifies the original purchasers(1st high volume move up) into getting a big gain from this stock and they support it.
Meanwhile those who noticed the volume burst are researching into the company. Trying to dig up news and check on fundamentals.
3rd stage: up and away
Those who were digging find something, momentum traders join in, news release or release pending. The height of this stage may be based on visibility in the trading world.
or is it a combination of both or maybe neither? For analysis sake, let's say analysing, addi. on friday volume never reached 5 million which is one of the filtering criteria so would not have gotten if used the scan criteria defined above.
aha...good point, about the volume, i think I will propose that depending on the volume in stage1 will be the size of your position in stage 3...actually more on the $volume. We don't want to be buying hundreds of thousands of shares with only 1million volume on this stock play.
In my view the theory is based more on the picture than an actual technical requirements.
1. an upwards movement on crazy volume(highest or near highest of the year but also much higher compared with surrounding volumes)
possibly explained by:
1st stage: up impulse
some people find out news ahead of public and cannot keep price down to get the amount of shares needed(1st high volume move up) These people are not interested in long-term gains.
2.a fall back of at least 2 days(but not too long...not sure) that doesn't pentetrate stage 1 low and usually occurs on lower volume than the highest volume of stage 1
possibly explained by:
2nd stage: down/flat/drift
If stock continues up immediately I have noticed more failures because those who just bought have an instant gigantic profit.
A few down days afterwards solidifies the original purchasers(1st high volume move up) into getting a big gain from this stock and they support it.
Meanwhile those who noticed the volume burst are researching into the company. Trying to dig up news and check on fundamentals.
3.
stock passes by highest body point(highest close or open..higher of the 2) with lots of volume...this will be intraday so you will need to extrapolate volume to see if it is heavy...thats the trigger point
possibly explained by:
Those who were digging find something, momentum traders join in, news release or release pending. The height of this stage may be based on visibility in the trading world.
this is the concept pic again
I need to add that I don't believe these plays set up too often...the perfect G is what I'm lookin for.
these are close but have volume issues...EDNE TSYS CPTCQ IIJI NGEN and VYST is closest of all. ;)
nothing else I see.
well there is IPII its kinda doin a G-thing :D but I like it for other reasons. This one should really rock tomorrow if it closes like this... This low float, short squeezing run reminds me of TZOO gigantic rise last year. Closing action should really make that volume bar rise.
AMEP...I have to say that is a pretty close.. G-pattern. So it should be a double or more in 1-3 days. I'll re-evaluate after close but it looks ready to rock. I know a bunch of you are in this already and thats awesome! ;D :o
dosn't HISC have that pattern set up going on right now? or is the time frame too long to consider it a g-pattern?
it definately looks G ;) its a great and powerful chart that must be studied no matter what!!
Interesting talk regarding G pattern: Are there any other stocks in G pattern. How can we use stock chart analysis parameters to do search for g pattern stocks?
I bought HISC for 0.022 but sold it at 0.044 when first profit taking happened. I watched the stock for so long that I was convinced about its movement. But now it has gone beyond my thinking.
For HISC today was highest volume traded. Most of the time I have seen stock getting slaughtered very next day, but I was thinking same for HISC everyday.
Can we find more stocks like HISC currently which are under consolidation?
Thanks,
Dhiraj
I'll put up charts of stocks in their 2nd stage(consolidation) that we can wait for triggers on if we can get some of our Fundamental Analysts to look at them and give some comments? Also if anyone wants to do some FA on the past ones that worked it would be great too.
This is a call to Fundamental Analysts
keep an eye on mssi.ob .. - I believe its in the consilidation stage and ready to pop out into a G Pattern any time now..
In fact its had 6 higher closes in a row.. slowly but surely climbing up to the G spot
looks great TRUNK.. :D you hit the g spot and this one will go into a climax run. ;)
So, is MSSI a good one to pick up tomorrow?
Or does your chart indicate we should wait until it hits the g-spot(love that name by the way ;)) zone price around the .05 price point?
Thanks very much....
julia
great job eliteg! ;D
the g-pattern is based on entry on the break of G-spot...this shows us that it is continuing its run. If you do no not wait you could be left holding: 1. stock that takes a while to rise or 2. a stock that doesnt rise at all.
thx julia :)
I wanted to discuss an intracacy of the g-pattern(i believe)
The stage 1 high volume move can be multiple days and sometimes just one day. We need to make sure the low of 1st candle in the high volume rise(stage 1) is not penetrated in stage 2 fall back. This happened on NVAS:
CXN study highlights the concept of the standout volume...it also demonstartes a longer base than normal..hmmmm
**this is just a study! Look at the dates!
OMNI study - it moves but takes a while
IMDS study
Elite G
Let me see if i am pikcing up on the G pattern... BLYC fails because it broke the low during the consolidation?? or am i looking at this wrong?
(sorry I am new to the groups and don't know how to post the chart)
hey doug, let me know if this clears it up.
BLYC has not triggered in G because it needs to cross its high volume rise...its in stage 2 consolidation... 8)
EliteG,
I am still holding BLYC :(
Is there still a chance for it to rise?
you can't say Ohad...the rise was defeated deeply. It may take time for it to rise...if only BLYC had some news. All I can tell you is time is money and there are better looking patterns out there. Technically I see no reason to be in this stock until it shows you at least a hint of a rise ;) you can always jump back in right? :)
Thanks EliteG.
I needed this mental push - I fell in love with this stock and waited for it to bounce again... I will sell it and forget about it right away ;)
Thanks!!!!
Elite G,
that helps a whole bunch. I thought what you pointed out as a misprint was a real number breaking the low. It will be interesting to see if it follows the now infamous G-Pattern and gets to the G-spot.
thanks for your help
-doug
no prob guys 8)
check out SPIR...I'm thinking about it >:D
EliteG-- thanks for sharing your hard work with us -- I've been following your posts/theory, and made a nice quick profit off of ADDI yesterday (sold the rest of my free shares today). Take a look at the IFDG chart. I don't have time to paste the chart right now, but I think you will see that it tested the G spot on low volume yesterday, but couldn't hold. I think this is an interesting study, and it really ephasizes the importance of volume. It will be interesting to see if it challenges the G spot again, especially if it picks up some volume.
From the chart horizontal lines, MSSI should be in consolidation phase at 0.03 - 0.035 before the breakout starts.
Dhiraj
Quote from: stocksquire on July 19, 2005, 10:18:20 AM
EliteG-- thanks for sharing your hard work with us -- I've been following your posts/theory, and made a nice quick profit off of ADDI yesterday (sold the rest of my free shares today). Take a look at the IFDG chart. I don't have time to paste the chart right now, but I think you will see that it tested the G spot on low volume yesterday, but couldn't hold. I think this is an interesting study, and it really ephasizes the importance of volume. It will be interesting to see if it challenges the G spot again, especially if it picks up some volume.
Thx stocksquire, I'm glad you got that profit.
I've been looking at IFDG and you're right unless that volume shoots up I wouldn't even consider it @ the g-spot but I wonder about the depth of the stage 2 fall back...makes this look weak. I guess we will see ;)
and SPIR is a runnin! >:D
What about HISC? Do you consider getting into it?
Quote from: OhadOnFire on July 19, 2005, 10:28:05 AM
What about HISC? Do you consider getting into it?
nope...its way past its G-spot ;)
Quote from: eliteG on July 19, 2005, 10:26:02 AM
and SPIR is a runnin! >:D
eliteg,
if it is running, what would one get at, anything under $12? per g pattern hypothesis, can run to $14 or $21? also it runs sometimes because of the low float.
How do you see IDCO, is it in a second dgeneration G pattern coming off the high of +$1.00 or has it past it's climax?
Quote from: catrader on July 19, 2005, 10:33:35 AM
Quote from: eliteG on July 19, 2005, 10:26:02 AM
and SPIR is a runnin! >:D
eliteg,
if it is running, what would one get at, anything under $12? per g pattern hypothesis, can run to $14 or $21?
well the g-spot is of course the best area but according to practice any buy on the candle of breakout leaves room for a great gain and a clear stop at the low of the candle(which in SPIR's case is the g-spot) but this is the first test of a gap trigger so I am not playing it.
check out VYST...past its trigger point but I almost bought yesterday...Saffey recommended it(applaud)
Quote from: doug6038 on July 19, 2005, 10:35:36 AM
How do you see IDCO, is it in a second dgeneration G pattern coming off the high of +$1.00 or has it past it's climax?
its in 2nd stage fall back but the reason I don't like it is the heavy supply(heavy volume higher prices) on the left side(feb-march) will still watch it and maybe play it ;)
its important to not expect 100% gains if you dont buy very close to trigger...but come on 50% gains are ok...i guess :D
Are we all in agreement that MSSI has the G pattern, and we are looking for a break of about .053?
Quote from: stocksquire on July 19, 2005, 11:02:06 AM
Are we all in agreement that MSSI has the G pattern, and we are looking for a break of about .053?
missing the volume..it needs to hit the g-spot with confidence ;) if MSSI hits the g today I'm not buyin it...weak volume.
more confirmation of the G- Pattern look at the CYOS chart from Feb '05 to July '05. I am all ears if somebody wants to give a lesson in posting charts...
TYRIA comin up on a g-spot pattern
Quote from: doug6038 on July 19, 2005, 11:11:36 AM
more confirmation of the G- Pattern look at the CYOS chart from Feb '05 to July '05. I am all ears if somebody wants to give a lesson in posting charts...
I wrote this up on one of the boards, hope it helps ;)
**saving an image** - if you have a chartup on the screen that you want(or any image) you can capture it with 1) a capture utility or 2) by pressing the printscreen key on your keyoard. When you press the printscreen key on your keyboard it saves the image to the clipboard. You then open up paint or some other image editing program and paste it in there. You can paste by holding the ctrl key down and pressing V at the same time...or look in the Edit tab. Save the image and remember where this is! Oh save as a.jpg or .gif You cannot post an image that is bigger than 150 kb i believe.
**to post image** - When you are writing a post in 3stocks there is a button underneath the text editor called Additional Options...you hit that and then hit browse to locate the chart saved on your computer. If you want to attach more, hit the more attachments button.
Thats what I do. Cool
Quote from: doug6038 on July 19, 2005, 11:11:36 AM
more confirmation of the G- Pattern look at the CYOS chart from Feb '05 to July '05. I am all ears if somebody wants to give a lesson in posting charts...
I've got that CYOS chart up already Doug...check one of the previous pages ;)
it fits 8)
Quote from: fousc on July 19, 2005, 11:14:55 AM
TYRIA comin up on a g-spot pattern
yes it is...lets see what it gives us ;)
Ok, let me know if CYOS fits the G-pattern from Feb'05 to July'05
if you look on pg 3 doug, its a g-pattern to me because of the may/june 2005 action only... the feb 2005 action has its low cut off.
thanks for the clarification!!!
Damn, the more i look, the more I like the G_Pattern.
Any input on the following chart?
its not G imo...but on the wider chart it looks like a bullish inverse head and shoulders pattern. Not enough volume for me to be interested but it looks like it'll be rising. ;)
check the examples pg 4,5 on this thread
Quote from: fousc on July 19, 2005, 11:14:55 AM
TYRIA comin up on a g-spot pattern
great chart fousc (applaud) :o
Im really liking the idea of there being a Board specically for the G-pattern. Maybe a Community vote? If dave and fred agreed to it. What do you guys think?
-fousc
not sure thats needed fousc:
-g-pattern is really new..not established
-you can post any picks you want in the penny and stock picking boards, you can always say what your reasons are even if its just G-pattern
I'm not sure what the purpose of its own board would be and I am still getting a lot of people who think that every breakout with volume is G and thats not the case. These patterns do not come up often...as far as I can tell.
MSSI has now moved right through the G spot.. We will see if she has a G pattern like move from here without quite the volume you'd like.. the volume is strong though moving through her vital area..
my eyes are glued on MSSI's level 2... and I almost made a purchase but still the volume is lacking for this type move. By end of day if that picks up I may change my mind but I believe it will close under the g-spot at this rate. It could trigger tomorrow of course if that happens ;) but this looks like a nice move anyhow ;)
gotta let the g-pattern be obvious, cant force it :)
What kind of Level II do you use Elite G? Can you see the actual sizes of the bid and ask on otcbb with your service?.. I'm with Ameritrade so on OTC stocks all I see is 50 X 50 for every bid and ask and I believe not being able to see the size of the orders is hampering me for sure
this is what i see
geez..I bought MSSI.. volume is gonna be high enough with a good close. Should never watch level 2 so closely! ;) makes you buy...
Nothin like testing the g-pattern with real money ;D
i got in with little money at 0.058, since pulled back some to 0.056
eliteg,
you said level II made you buy, in what sense, looking at the mm's that were next?
Good man Elite.. Hope it works out for us..
I want what you got though... Your Level II is awesome.. can you point me in the right direction to get a hold of that?
realtick.com platform with terranovaonline.com broker ;)
Quote from: eliteG on July 19, 2005, 02:48:43 PM
realtick.com platform with terranovaonline.com broker ;)
how much is the service?
free with over 50 trades a month, $250 otherwise
in scottrade, real time trades happen in green, orange and blue, do the colors mean anything?
i think:
green @ ask
orange @ bid
blue @ another exchange(in between usually)
Got in today at .051 when I saw that it was braking above the ascending triangle.
Quote from: invol_inlf on July 19, 2005, 03:25:29 PM
Got in today at .051 when I saw that it was braking above the ascending triangle.
i see the ascending triangle your talking about...good eye ;)
Let's keep that volume going tomorrow on MSSI. Two others I'm watching closely are TYRIA and GZFX. Both have been posted here earlier, and both look as though they are continuing in phase G-2. TYRIA made up some nice ground today.
Quote from: TRUNK on July 19, 2005, 02:26:17 PM
I'm with Ameritrade so on OTC stocks all I see is 50 X 50 for every bid and ask and I believe not being able to see the size of the orders is hampering me for sure
On OTC stocks there are market makers so no individual can place an order directly. This means that the orders you see on Level II are just there for show - they on small stocks almost always show 5k but it means little. Hopefully the SEC will someday allow OTCs to trade directly with ECNs with no middle man. MMs do not have to show their orders so often you see trades that were never in a Level II window. I often get fills between the bid and ask on OTC stocks that never show on Level II. And note that on Nasdaq stocks you can place hidden orders sot they never show on level II.
I use Interactive Brokers for trading but use Ameritrade to feed data to quotetracker as I like theri level II windows the best of any and I use Time & Sales window to see the real trades as I think this window is more important then the level II window..
Still holding my MSSI to see how this plays out -- i like the volume today. I'm keeping an eye on TRYIA and FCCN -- both look like progressing G patterns.
FCCN hit the G spot. TYRIA is close, but still just foreplay.
FCCN is so G it aint even funny... 8) the tough part will be where to take enormous profits ;)
Quote from: stocksquire on July 20, 2005, 11:32:37 AM
FCCN hit the G spot. TYRIA is close, but still just foreplay.
it seems you were right on, applaud, did you get in? I just saw it so don't know if too late.
Quote from: catrader on July 20, 2005, 12:03:13 PM
Quote from: stocksquire on July 20, 2005, 11:32:37 AM
FCCN hit the G spot. TYRIA is close, but still just foreplay.
it seems you were right on, applaud, did you get in? I just saw it so don't know if too late.
I got in in the high .01's and low .02's (I bought before we hit the G-spot, as i liked the volume -- but EliteG does not recommend this because of the risk of being a bagholder during stage 2 (if I recall his prior post correctly)). Take a look at the FCCN thread on the message boards. Ramsburg and some others like FCCN for a mid to longer term hold. ;)
I'm already a FCCN bag holder ;-)
money bag holder ;)
Great news on FCCN too.
http://biz.yahoo.com/bw/050719/195187.html?.v=1
You know, Elite, with all this racy talk on this board about your new method, I don't feel so sheepish about my 3SF ID anymore. :P Good luck with that "G-spot", I've been trying find that booger for years... ;D
Thanks for the tip on the chart school at stockcharts. Sometimes I think my head's going to explode, but I'm starting to get a handle on it. It gets frustrating because I realise it's going to take time to learn this, and the process will ALWAYS be on-going, but I want to know everything NOW. ;) I'm getting closer to the day when I'll make the plunge. This site and you all help to keep my spirits and confidence up. Thanks LOADS.
D'Wheeze
thx. :)
LOL, well I was calling it g-trigger till someone shed the light :D ...
I'm glad that link is helping you out but I wanted to remind you that you do not want to know everything...because like you said there is a ton. You want to know the stuff that will make you money...and that only comes down to a few things. What things then? The things that make sense to you.(and of course the g-pattern...ask the ladies they know :D)
Goodluck 8)
NO worries, Elite. I know enough already to know I'll NEVER know everything. ;D I'm trying to expose myself (no pun intended, you guys have given me a FILTHY mind >:D) to as much as I can to pick out what I want to run with, or as you all say, my "plan".
and I'm getting there...
Thanks
D'Wheeze
IFDG-- second attempt at taking out the G spot. Volume is good, but not great.
Volume picked up nicely at the EOD on IFDG. Looks like it wants to run tomorrow. EliteG, I really think you are on to something here. Once these things hit the G spot, they begin to run. FCCN and IFDG were great examples of that today.
I'm watching TYRIA very closely -- its about 4 or 5 ticks away from the G spot. Would love to hear from anyone else who has been watching the charts and can identify any others ready to burst.
Overall, a very good day. ;D
LOL LOL ;D ;D ;D
I must confess, that the first time I heard the words «G-Spot», I had some second thoughts >:D >:D...
But one thing its 100% true, this technical pattern is completely pornographic!!!! Totally XXX hardcore stuff ;)
I'm preparing a new TA section on 3SOF, where we all going to discuss technical patterns, indicators, etc... And we have to introduce the G-Pattern to the rest of the Technical Analysts on the web !
This post is one of the best TA posts I've ever read in 10 years on the internet !
Regards !
Can't agree more. This site is the best TA site on the internet EVER. thank you everyone who contribute to this project. I learned alot from it. With the g-pattern, it's the best !!! Go up fast with intensity the slow down a bit to gather some more momentum then when you ready shoot past G-spot and you are gone !!! LOL it seem to be working well so far. Thanx again Ramsburg, David, Elite, and many more who posted all the threads here. Can't thank you all enough. Hope we will be here for a long time to come [applause] to all of you.
IFDG:
Quote from: stocksquire on July 20, 2005, 08:30:01 PM
IFDG:
what program did you use to create this graph? looks great. G1 candle low on ifdg, what is the value?
Here is FCCN. This was a thing of beauty:
Quote from: catrader on July 20, 2005, 08:50:20 PM
Quote from: stocksquire on July 20, 2005, 08:30:01 PM
IFDG:
what program did you use to create this graph? looks great. G1 candle low on ifdg, what is the value?
Catrader-- Just using stockcharts.com "elite." Its about $20/month, but they allow for some nice annotation features.
Squire,
nice charts. good eye!
You get an applaud! :)
There is lot of talk of G - spot/trigger/pattern whatever but in all this hala lo the actual G-pick is difficult to find. elite is followed a lot and I think it will be wise if we can see his most current G-pick either somewhere along the 3SF portfolio or its own dedicated board. I hope Ramsburg can be generous with some of his web space.
I think the pattern is fairly simple to recognize -- the tough part is trying to screen thousands of stocks to find the few that are actually setting up in G2. That's where we can all help each other by canvassing the charts and posting our finds. EliteG, our notorious G Pattern inventor, can, of course, give his blessing or thumbs down on the finds.
Been browsing this forum for a while, thought I'd finally post! Just started learning about Technical Analysis, and this site seems to offer an awesome community to learn more about it. Anyways, here's the chart. Wondering if it qualifies as a G-pattern in the making?
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=2547)
Matix- good eye. that sure does look like the G pattern to me. the G2 low penetrated the bottom of the body of the G1 candle (that day's opening price), but did not go as far as the G1 low price (and my understanding is that EliteG is more focused on the G1 low of day?). I'll be watching this one tomorrow!
Anyone with ideas on how to go about screening each evening to come up with the watch list for the next day, I'd love to hear it.
Matix- one other thing to add about your XSUNZ chart. It could interepreted as still in the G2 stage from the early June run up, where the G1 candle body high was .20. The more recent volume spike to slightly over .176 is still engulfed within the early June pattern, yet has formed a second pattern on its own. It will be interesting to see if a pop above .20 can really get this one moving.
Ah, good call Stocksquire, I didn't notice the retrace penetrated the initial run, kinda close though. I guess it's like you said, depends on if we're using the open and close, or the high and low. Guess the chart was kind of forced, but just trying to get the basics down and find some examples. Will be interesting to see if it can break that next resisitance around .20, forming the larger G-pattern.
Excellent stuff stocksquire and Matix!(applaud)
I see that stocksquire has really got it down, nicework man 8) I think you also caught another reason why the NVAS chart did not work. There was an overlying previous g1 high. If you look at the study charts you can really find the ones that should work ;) I am not looking at it right now, but CYOS I think broke a local g1 high and a previous g1 high(thats 2 G-spots ;D ;D) in the same day and raced up a few 100% in one of the study charts.
So the g-pattern is allright eh? >:D
Hey eliteG u got any input on this graph? It appears to be a G-pattern though im uncertain about the dip in volume in the stage 1 push. Does that matter? ??? . I got into this stock at 4.2 and sold a portion today at 5.40. ;D thanks.
-fousc
great trade fousc! (applaud)I love to hear traders making money, awesome...looks solid to me but I am not liking the long stage 2...it may be building a stage 1 here. Volume is less than I like but relatively speaking very positive. Long term the chart is on a huge uptrend, and I wonder how that will affect the G. thx for the chart will study. goodluck
elite whats your next double pick?
I'm a believer in the G Patterns. Playing them this week has been very rewarding. ;D
I'd really like to get a chat going about how those of us interested in playing these can spread out and canvass the charts for potential g spot breakers. Please let me know if anyone has any ideas?
I'm looking @ IDBE..looks very strong..but def not a double play ;)
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=2622%3Cbr%20/%3E*%20IDBE%2007-21-2005.JPG)
and I still very much like the potential in MSSI as long as it stays above its current G1 low... I like what I hear about this company too
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=2623%3Cbr%20/%3E*%20MSSI%2007-21-2005.JPG)
goodluck everybody 8)
IMX another g-pattern play?
PHOX looking foxy ;) in G
eager IMX is too far from the g-spot ;)
IVOC doin a G-thing 8)
hehe elite :D
for the purpose of study, is that a g-play?
thanks
yea i would say yea, thx >:D
man the wizzard, g-play is really something! i can see it can make u rich and famous soon! 8)
btw, i am getting nervous with CGHI. do u have anything to say about it elite?
Thanks!
Quote from: eagerlearner on July 21, 2005, 12:38:41 PM
man the wizzard, g-play is really something! i can see it can make u rich and famous soon! 8)
btw, i am getting nervous with CGHI. do u have anything to say about it elite?
Thanks!
I dont know CGHIE is very strange and so I just watch and learn. ;)
I hope it will make me rich and you guys too :) Its one of the things hopefully in my book..if I ever get it done... may unleash some other research items >:D
I hope everyone got in on IFDG and FCCN at the break of the G spot yesterday -- they have both done very nicely.
I'm watching PHOX closely here -- I don't know if this is a perfect G pattern, but still looks strong here.
I can tell you stocksquire that PHOX is a perfect g-pattern >:D but the pattern itself is not fullproof, just like any other pattern. PHOX has the potential to be more than a 2 bagger. Its perfection ;)
what was the g-spot? ;)
are we a little bit away from it to get in now?
thanks
this is what I see...we are right at the G and I'm putting my money where my mouth is >:D >:D
GCCP.ob , could be in phrase 2 of g-pattern. under heavy accumulation today.
very good pr yesterday ,
http://biz.yahoo.com/pz/050720/82432.html
i think phrase3 could happen when they officially give the ER.
watchlist. :D
what ya think elite?
looks solid, check out the setravis post: http://www.3stocksonfire.org/trading/index.php?topic=1710.0
8)
phox, from yahoo, the latest headline is http://biz.yahoo.com/e/050516/phox.ob10qsb.html
so i assume when investing in g pattern stocks, don't look at news right? base all on chart. becasue if you were, you would wonder, what business are they on?
that of course doesn't inspire confidence ;) but this is purely a quick technical play, wholly based on the G-pattern. I don't recommend anyone to follow...especially with that news but I am in. And I am looking for 2 bags minimum. ;)
EliteG, it looks like your theory could work for hisc tomorrow. Please reply. Great job, thanx! By the way I am a newbie, great site.
Hey quick ;D not sure what u mean about HISC...needs to cross .138 to have a g-thing ;)
thx..this website is really great huh? then you have to thank the founders Frederick Ramsburg and David Randolph ;D 2 really amazing guys 8)
...and if something on this site has helped you make some green be sure to give some back(Make a Donation) so all of us traders can keep this trader-trader project growing. :o :)
Hope HISC works out for you...rock'n roll 8)
eliteg,
would you say china is a g pattern stock, still in stage 2?
i see what you see about it but I'm gonna say no because of the length and depth of stage 2...although I expect it to make a g2 out of this g1 today ;)..and then we're in business :)
Goodeye
keep an eye on TYRIA ---- we're getting close!
EliteG, I was looking a couple of days ahead on hisc. My reasons for thinking this could be a good prospect is..... if you look back to the beginning of the last run you will see almost the exact same formation as is setting up now. I got my fingers crossed, bought at .11 for second time.
Very possible Quick ;) I see that same formation, I'm hoping it goes your way.
looks to me like TYRIA is developing a G spot within a G spot. Watcha think, EliteG? I would think that a take out of two trend lines would be even more explosive.
absolutely agree...like I said u know yur stuff..u have yur g-pattern certification ;)
I would add that now we want this g-spot to break within a short time...I would say 4 days. Or then we might have to wait a while and this may be a top. ;)
eliteg,
well your call on phox was right on. did not get on this one because of the share price. guess need to be more daring nect time. chart overcomes news in this case. wrap one more up for g pattern breakout success.
thanks, EliteG. I'm going to tell my wife that I'm a certified expert at finding G spots. ;D
Quote from: catrader on July 22, 2005, 10:20:43 AM
eliteg,
well your call on phox was right on. did not get on this one because of the share price. guess need to be more daring nect time. chart overcomes news in this case. wrap one more up for g pattern breakout success.
Thx man, means a lot ;D I don't blame you for not entering it is difficult when you are used to a company having some type of business operation :D the truth to me is that more uncertainty there is the more powerful the explosive potential. ;) The g-pattern is risky stuff no doubt.
Quote from: stocksquire on July 22, 2005, 10:22:07 AM
thanks, EliteG. I'm going to tell my wife that I'm a certified expert at finding G spots. ;D
LOL...now all we need is t-shirts :D :D
T-shirts...
Hmmmm... Needs a slogan.
"The G-Spot. Just look for the rise on the right-hand side."
:P
D'Wheeze
:o....Hope they don't make this a XXX site..... ::)...but this is really amazing ...applaud Elite and thank you
G,
G.
I don't see a post where you indicate your buy price on Phox. Maybe I missed it, but how do you track your gains publically if you don't post your ins and outs. Not a criticism, just curious. I've been on the sidelines and watched some of your successes, and the 2 I have entered, nvas and phox did not go well or are not going well. I look forward to landing on one of your successes in the near future. Good luck with your picks.
Hey oicpecnoc,
Thats because I didn't indicate it... I decided, in a previous post in this thread, to just study the g-pattern and keep my plays under wraps for now. I usually buy the g-patterns at the g-spot or I am not in them. NVAS ... was not pretty and PHOX got a friday sell off but it is still above its g-spot. ;) lets see what happens. Goodluck 2 u 2.
Quote from: oicpecnoc on July 22, 2005, 03:52:21 PM
G.
I don't see a post where you indicate your buy price on Phox. Maybe I missed it, but how do you track your gains publically if you don't post your ins and outs. Not a criticism, just curious. I've been on the sidelines and watched some of your successes, and the 2 I have entered, nvas and phox did not go well or are not going well. I look forward to landing on one of your successes in the near future. Good luck with your picks.
Phox was nicely profitable if you traded it at the break of the G spot (you can determine the buy price on your own by watching the chart and buying after it breaks). I was in PHOX in the .008's and exited in the .013's. In fact, i traded the following this week on the break of the G spot, and made money on every single one: ADDI, MSSI, IFDG, FCCN, and PHOX. Every one of these stocks shot up after crossing the G spot. You had to be quick on MSSI, but the opportunity was there.
I will continue to research the charts and post here when I find those nearing G spot land -- I just ask that EliteG and others let everyone else know when they discover a hidden Gem as well.
Good weekend all.
not sure if CYOS can be considered a 'g-spot' play but it sure is heating up after bouncing off the 50 day MA. anyone else's thoughts?
Hey EliteG, Trying to understand a little more on the G Pattern was wondering if you are watching BSIO for maybe a G-Pattern?
Keep CKEI on your radar screens. I wouldn't buy yet, as we need a confirmed break of the downtrend. Probably a good idea to wait for the break of the local G spot, which could take a few more days if the downtrend reverses. I like this one because a little DD reveals that the insiders believe in the company, and that there is the potential for explosive growth. I do not currently own any shares.
Hi guys ,,, i wanted to add a few words that i hope help some of the traders out there trying to make a few dollars 8) . I fell that most of the traders here, but not all have excellent execution. So when they hit a trigger they can buy at that price almost right away, and when they need to sell same deal. Elite has realtick.com and uses Terranova online brokers , both excellent , and both very fast. Im using scottrade, its like using a bb gun to knock off a deer. :P , i am a hvac contractor with some awsome tools on my truck that lets me install an ac unit in your home in 3 hours, your install time 3 days :'( my point being ( for me ) execution in some of these cases is critical , and investing in that will help greately. If im wrong please correct. 'tonyg
gap up and we will see if it will b a g
(http://tinypic.com/9apua0.png)
Was looking at SFP for some G action. The big spike was on this news:
"Holders of Approximately 62.3% of Senior Subordinated Notes Due 2005 Agree to Tender Their Notes"
Volume should pick up as it rises again..
GL
BadarZ
Quote from: higherstocks on July 23, 2005, 01:06:50 AM
Hey EliteG, Trying to understand a little more on the G Pattern was wondering if you are watching BSIO for maybe a G-Pattern?
looks good higher ;)
Hey guys :) another research item I have been working on is pre-Earnings TA. I know a crazy >:D thought but I figured I would test some of my results here with a small% of my port.
I am looking at AMT ISSX LSI. 8)
I would def appreciate thoughts as I plan to enter just before close. ;)
goodtrading :)
I'll post more info soon...
Edit: kinda forgot to say what I was doing exactly which is..buying near close..selling after reaction either post-market, pre-market or with a trailing stop the following day.
oh..it doesnt get much riskier than this.. >:D >:D
2nd edit: not considering pennies
will be looking to get into ISSX for the earnings project. >:D
The plan is a buy if it crosses above 22.67 or to wait just before close for a buy.
ISSX - Internet Security Systems, Inc. (ISS), together with its subsidiaries, provides software, appliances, and services that protect information technology (IT) infrastructures against Internet threats worldwide. The company's software and appliance products provide preemptive security across various layers of IT infrastructure, including network gateways, servers, and endpoint devices like personal computers, laptops, and handhelds. Its products incorporate various security technologies, including intrusion prevention systems, intrusion detection systems, firewall and virtual private networking, content security, Web filtering, antispam, antivirus, vulnerability assessment, and security management. ISS offers its products under various trade names, including Proventia, SiteProtector, Internet Scanner, RealSecure, BlackICE PC Protection, and BlackICE Server Protection.
my buy stop triggered:
bought ISSX @ 22.69
xcuse the sloppiness.. just trying to get some charts in here
ouch.. negative reaction to earnings for ISSX.. but I have seen these big guys turn it around by the next day..so I will hold till tomorrow. 0 for 1 i guess. This is the release:
ATLANTA--(BUSINESS WIRE)--July 27, 2005--Internet Security Systems, Inc. (ISS) (Nasdaq: ISSX - News), a leading global provider of preemptive enterprise security solutions, today announced financial results for the second quarter ended June 30, 2005. ISS also provided its business outlook for the third quarter and 2005, and announced a stock repurchase program for up to $100 million.
Second Quarter Revenues
Revenues were $79,100,000 for the second quarter of 2005, a 14 percent increase compared with second quarter 2004 revenues of $69,540,000.
GAAP Earnings
Reported net income under generally accepted accounting principles (GAAP) for the second quarter of 2005 was $8,261,000, or $0.18 per diluted share, compared to reported net income of $5,460,000, or $0.11 per diluted share, in the second quarter of 2004.
Non-GAAP Earnings
Non-GAAP net income for all periods in 2005 and 2004 excludes the after-tax impact of non-cash acquisition expense for amortization of intangibles and acquisition related compensation charges for unvested stock options. Non-GAAP net income for the second quarter of 2005 was $9,401,000, or $0.20 per diluted share, compared to $6,636,000, or $0.14 per diluted share, in the second quarter of 2004.
"The solid growth of revenue and earnings during the second quarter demonstrates ISS' leadership position and competitive advantage in the global marketplace," said Tom Noonan, chairman, president and CEO of Internet Security Systems. "We are well positioned as the premier enterprise security vendor of choice and we believe this will become more apparent as enterprises consolidate their security platforms with fewer vendors. When facing the ever-evolving threat landscape, our unique, preemptive approach to security enables us to meet the complex needs of our customers and partners."
Business Outlook
The following Business Outlook is based on current expectations. The statements in this Business Outlook are forward-looking, and actual results may differ materially. These statements do not reflect the potential impact of any mergers, acquisitions or other business combinations that may be completed after the date of this press release.
During the quarter, ISS' corporate representatives may reiterate the company's published Business Outlook during private meetings with investors, investment analysts, the media and others. At the same time, ISS will keep its most current earnings release and any subsequent press releases containing the then current Business Outlook publicly available on its Web site at www.iss.net. Prior to the start of ISS' quiet period for the third quarter of 2005, the public can continue to rely on the Business Outlook set forth in this press release as being ISS' current expectations on matters covered, unless ISS publishes a notice stating otherwise. During the quiet period, ISS and its corporate representatives will not comment concerning the previously published Business Outlook. During the quiet period, the company's press releases and filings with the SEC should be considered historical, speaking as of prior to the quiet period only and not subject to update by the company. ISS' quiet period at the end of the third quarter is expected to run from September 15, 2005 until financial results are released in October 2005.
This business outlook assumes that the enterprise spending environment remains stable and the competitive landscape will not change significantly, recognizing that there will continue to be competitive alternatives to our product offerings. In providing this guidance, we have assumed that foreign exchange for the euro and the yen compared to the dollar remains stable at current rates. The dollar strengthened during the second quarter and into July against both the euro and the yen. Compared to exchange rates at the time of our prior guidance in April, foreign exchange rate changes have negatively impacted expected EMEA and Asia/Pac results for 2005 by more than $5 million in revenues and $2 million of operating income.
For the quarter ending September 30, 2005, ISS currently expects to achieve revenues in the range of $80,000,000 to $84,000,000. GAAP net income is expected to be in the range of $0.17 to $0.20 per diluted share. Non-GAAP net income is expected to be in the range of $0.20 to $0.22 per diluted share.
For the year ending December 31, 2005, ISS currently expects to achieve revenues in the range of $325,000,000 to $335,000,000. GAAP net income is expected to be in the range of $0.71 to $0.75 per diluted share. Non-GAAP net income is expected to be in the range of $0.81 to $0.85 per diluted share.
Non-GAAP net income excludes non-cash acquisition related charges, consisting of amortization of intangibles and compensation charges for unvested stock options and the tax effect of these adjustments, estimated to be $1,150,000 for the quarter ending September 30, 2005 and $4,600,000 for the year ending December 31, 2005.
Non-GAAP financial measures used in this press release are reconciled to the appropriate GAAP measures in the schedule following the Consolidated Statements of Operations and the Business Outlook Reconciliation schedule included with this press release. Reconciliation information can also be found in ISS' Form 8-K filed today with the Securities and Exchange Commission and available through ISS' Web site at www.iss.net or the Securities and Exchange Commission Web site at www.sec.gov.
Stock Repurchase Program
The ISS Board of Directors has also approved a new stock repurchase program. Under the new stock repurchase program, ISS may repurchase up to $100 million of its outstanding common stock over the 12 months ending July 19, 2006. Purchases under the program may be made from time to time in private transactions or open market purchases as permitted by securities laws and other legal requirements. The program may be discontinued at any time.
Looks like ISSX is down 7% in afterhours trading (-$1.59).
earnings who ??? can figure that, but i have a felling that eliteg might b right on this one
question for EliteG or others here who have tracked their results with the "g spot" strategy:
is it always necessary for the stock to rise back to the g-spot for confirmation (or would it be more profitable to buy once the stock has corrected and leveled off: selling pressure is gone)?
you may not hit a home run every time, but you would have 10-50% profit between the leveling off and reaching the g-spot.
I'm curious if any of you have noticed if this second strategy is more profitable, since I have seen several members including Ramsburg saying they can't wait any longer and buy before the g-spot confirmation
interesting idea drex but I think that there are a lot of stage 1,2 g patterns but 2 doesnt always retrace bact to 1s high... and some of them sink or maybe even worse..do nothing and volume dries. Thats why I wait for 3. But I guess if you really believe n the reasons for stage 1 and stage 2 is solid... might be worth a try?
next earnings I'm looking at playing is BLDP or PWAV...
ISSX may recover to 22.. where I will discard of it probably. A 3% loss if that is so...lets see what shakes. ;)
Sold ISSX @ 22.18
Earnings Play#1:
ISSX
B: 22.69
S: 22.18
= (-2.25%)
0 for 1
On to the next one >:D nice recovery..phew ;D
Bought BLDP @ 4.77
I like the big bids beneath and I have to be out of the office all day..so I made the buy. Earnings tomorrow morning. Estimates -.28.
Ballard Power Systems, Inc. engages in the development, manufacture, and marketing of zero-emission proton exchange membrane (PEM) fuel cells for various markets worldwide. The company operates in three segments: Transportation, Power Generation, and Material Products.
http://finance.yahoo.com/q/pr?s=BLDP
I think somethings cooking..What I like visually:
hmm it seems I never had to take a loss with ISSX(coulda had a nice gain too).. man...I really wanted to buy in @ 21 aftermarket yesterday. Oh well, have to stick to my rules with this earnings stuff especially. Definately the riskiest stuff. BLDP moving up with nice bids beneath..
Good, Smart, Fun Trading everyone :)
Quote from: drexler on July 28, 2005, 12:44:39 AM
question for EliteG or others here who have tracked their results with the "g spot" strategy:
is it always necessary for the stock to rise back to the g-spot for confirmation (or would it be more profitable to buy once the stock has corrected and leveled off: selling pressure is gone)?
you may not hit a home run every time, but you would have 10-50% profit between the leveling off and reaching the g-spot.
I'm curious if any of you have noticed if this second strategy is more profitable, since I have seen several members including Ramsburg saying they can't wait any longer and buy before the g-spot confirmation
Hi Drexler (applaud for this nice question).
I didn't track this kind of results yet, but we should ;)
The thing here, is that G-Pattern is just a (strong) pattern, you may trade it «by the book», or you can join other signals, like in any other technical pattern. For instance, when I trade an Head & Shoulders, most of the times I wait for the neckline signal, but some times, there's other things in play, like volume, or even other price patterns even in different time frames.
So, if you are playing a G-Pattern, and that's your main motive to get into a stock, you should wait for the real signal to jump in... that should be the rule !
Best regards !
so BLDP didn't give an earnings pop.. and hasn't moved much at all. But my experience tells me that this one is setting up for a short squeeze. So I continue to hold. ;)
Didn't want to wait anymore for a squeeze to happen(although it still may run)...got to stick to the earnings plan.
sold BLDP @ 4.97
Earnings Play#2:
BLDP
B: 4.77
S: 4.97
= +4.19%
1 for 2 now
Total % = +1.94% since 7/27
..on to the next 1
Earnings play #3:
Bought ENMC @ 5.75
Like some things in the charts...some insider buying..Earnings Monday Mo >:D
ENMC - Encore Medical Corporation, a diversified orthopedic company, engages in the development, manufacture, and distribution of surgical implant and orthopedic rehabilitation devices and related products for the orthopedic products market.
Sector: Healthcare
Industry: Medical Appliances & Equipment
Shares Outstanding: 51.75M
Float: 33.95M
% Held by Insiders: 3.57%
% Held by Institutions: 44.00%
Short % of Float (as of 12-Jul-05): 3.70%
ENMC showing a bid of $6 in the pre-market, ~5% higher than the close of 5.72 8) very cool for earnings play #3!
i guess the earnings look good. A cross of $6 can lead to a quick move to 7 today. Lets see that volume come in ;)
i am listening to their conference call.
going real well.
every analyst says "congratulations on a great quarter"
seems they are doing great.
my concern is with volume. what do u think?
EMNC just merged (dec 04) with EMTI. perhaps getting bigger will bring more attention and more buyers and thus higher volumes.
if you look at financials EMNC took on a lot of debt to buy EMTI but it is paying off with higher EPS.
I think EMNC looks great..and the volume is okish..I think they are trying to hold it under 6 right now to load up but I am hoping that it can break..because I am only playing this for today ;)
looking @ JUPM QNTA ESLR VPHM RNWK BEXP CERS DRCT IVIL JKHY NGEN CPN LVS PLLL for earnings playing
-but I like OATS so much, I'm thinking of playing it now even though Earnings are Thursday...hmmm
I'm not sure ENMC can get past 6 today...come on baby. 8)
...and ESLR earnings tomorrow...
I'm holding mine for the long term ;)
I'm keeping an eye on you, eliteG ;D
Cheers!
I decided I have to have part of it already >:D..so I started a position in OATS @ 13.78 and I plan to add to it as soon as I'm done with ENMC.
Quote from: cumulina on August 01, 2005, 11:24:06 AM
...and ESLR earnings tomorrow...
I'm holding mine for the long term ;)
I'm keeping an eye on you, eliteG ;D
Cheers!
SuperAlternativePower woman...of course I knew you were watching ESLR ;)
It had too much trouble with 6 to hold on...although I feel this stock is headed upwards now.
sold ENMC @ 5.97
Earnings Play#3:
ENMC
Bought: 5.75
Sold: 5.97
= +3.82%
2 for 3 now
Total % = +5.76% since 7/27
..on to the next 1 or 2...
modifying the plan a bit to play 2 hot stocks a few days before earnings, because they have great patterns and I expect them to react well to earnings.
in VCLK @ 13.26, earnings thursday aftermarket
in OATS @ 13.83, earnings thursday pre-market
>:D rock'n'roll
EliteG- have you lost interest in discussing "G pattern" plays? There have been a couple of lucrative plays over the past few days, including VYST, WWAT, and MDII (just started running today). As you know, I'm a big fan of the G pattern, and would be really interested in hearing about any you have identified (or that anyone sees).
stocksquire ;D
i figured there is just not much needed to discuss...I am still doing some research on it and will go over the g-plays at the end of the month. As a certified G-spot finder I know you are out there testing out all the g-spots :D.. but experience teaches us that the same thing doesn't always work ;) :D >:D
Quote from: eliteG on August 01, 2005, 03:55:41 PM
It had too much trouble with 6 to hold on...although I feel this stock is headed upwards now.
sold ENMC @ 5.97
Earnings Play#3:
ENMC
Bought: 5.75
Sold: 5.97
= +3.82%
2 for 3 now
Total % = +5.76% since 7/27
..on to the next 1 or 2...
modifying the plan a bit to play 2 hot stocks a few days before earnings, because they have great patterns and I expect them to react well to earnings.
in VCLK @ 13.26, earnings thursday aftermarket
in OATS @ 13.83, earnings thursday pre-market
>:D rock'n'roll
Sold
OATS @ 13.90. I saw some things I didn't like...technically that a .05% gain but I'm not gonna use it.
Have moved heavier into
VCLK. Insider buying on VCLK yesterday ;) This one is gonna move by Friday. >:D with insider buying before earnings I will give this a bit of room to fade back..but I must have my position. 8)
applaud elite.
A trailing stop I had setup just hit 13.26(VCLK).. after looking into it(thx aussie :)) I should not have judged options as insider buys... I may jump back in tomorrow.
Back to earnings plays...
On the plate is:
OATS AIRN KOPN LIOX ULBI BOOM ICON WLDA
earning and buyout surprises yesterday and today, ntes and rbk. would there been any to buy indication from graphs? wish there were to have been on these!
wow great ones to study +20%.. I see something on the charts in both.. was focusing on lower prices but 20% is 20% no matter where. :)
thx catrader
imagine 20% return on stocks, but like 600-1500% return on slightly out of the money near term call options on ntes and rbk!
hmm... I would be ok with that :o
There are 4 plays I am looking at now...but I am trying to narrow it down to 2 by end of day
..any input would be great ;D
PKD GLBL MWY CDE
I was looking at MWY a while back (my insider-buy-project)
http://www.marketwatch.com/tools/quotes/insiders.asp?symb=mwy&sid=17981&siteid=bigcharts
Somebody besides you really likes it! ;)
Good luck.
thx cumulina, great project ;D I was looking into the insider buys and they are all one entity again which is less bullish to me then many insiders buying...
I took positions in GLBL(10.48) and PKD(7.58)
I like the charts, like what the insiders have bought it at the past few months.
Both have earnings tomorrow = risky
I like what I see.
As for the last 2 trades of VCLK and OATS..since I bascially made 0.5% on them and didn't play them following my rules(buying right before earnings) I'm just not counting them. ;)
So lets rock. Good trading everybody.
Pøj-pøj! (Pronance it...poye-poye)
That is danish for break-a-leg (always sounded too violent to me) ...or: good luck.
cumulina,
my friend (and former business partner) is danish.
we made videogames.
we had offices in Aarhus.
i hope our picks aren't "lort" haha
out GLBL @ 10.90 +4%
back in VCLK @ 13.10
holding PKD +3.69% - this is a $10 stock
what made u get back into VCLK.
looks like a great move to get back in.
Quote from: Rocket8 on August 04, 2005, 09:21:47 PM
what made u get back into VCLK.
looks like a great move to get back in.
Hey Rocket8, sorry I couldn't be more detailed but the site was just frustratng today..so I just wanted to make sure I got to post the play quick.
I got back in
VCLK because I had been eyeing it since the beginning of the week for earnings but I had played it a bit too early. It had the right "signals". I do not want to release all the signals I look for with earnings plays yet.
tommyt helped me make the final decision(thx TT applaud) because he brought up in the chat room that TFSM had great earnings and was in the same line of work ;D
Now to calculate my calculations ;)
Rock on Rocket >:D
well.... 40 cents for the year EPS
times 40 multiple = $16.00 a share for VCLK.
(its a high forward multiple but probably doable)
i have watched a few of your picks lately. namely PKD, GLBL and those you mentioned but did not officially "pick" MWY and CDE.
i was bothered by one thing. many of these stocks were about to go thru an earnings announcement as VCLK did yesterday. i was burned twice on earnings announcements and so i have been afraid of them. (i was up 40% on one stock and after earnings was gapped down to -5%).
the reason i picked PETS was because PETS had great results and did not go up and then 2 days later up it went. it was like a delayed reaction with time for me to get in. thus I have been looking for more stocks that have good results with a delayed rising.
are you saying in your last post that you can predict whether an earnings announcement will be postive based on TA ? :)
lastly, if VCLK did good and AQNT did good ---- is MIVA next?
rocket8
Going really well ;D
Earnings Play#4:
GLBL
Bought: 10.48
Sold: 10.90
= +4.00%
3 for 4
Total % gain = +9.76% since 7/27
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=3353%3Cbr%20/%3E*%20GLBL%2008-05-2005%20001.JPG)
and then I played PKD as well... to me this one has so much potential I did not sell it which is not how I play the earnings plays. They are supposed to be sold the next day. So as far as the earnings plays calculations go I have decided to use the close of day. So even though I am still holding it..as far as the earnings plays goes this one is done.
Earnings Play#5:
PKD
Bought: 7.58
Closed: 7.86
= +3.69%
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=3354%3Cbr%20/%3E*%20PKD%2008-05-2005%20001.JPG)
4 for 5 now
Total % = +13.45% since 7/27
;D
and VLCK is up 3% after hours right now(Earnings Play #6) >:D >:D
Quote from: Rocket8 on August 05, 2005, 12:51:36 AM
well.... 40 cents for the year EPS
times 40 multiple = $16.00 a share for VCLK.
(its a high forward multiple but probably doable)
i have watched a few of your picks lately. namely PKD, GLBL and those you mentioned but did not officially "pick" MWY and CDE.
i was bothered by one thing. many of these stocks were about to go thru an earnings announcement as VCLK did yesterday. i was burned twice on earnings announcements and so i have been afraid of them. (i was up 40% on one stock and after earnings was gapped down to -5%).
the reason i picked PETS was because PETS had great results and did not go up and then 2 days later up it went. it was like a delayed reaction with time for me to get in. thus I have been looking for more stocks that have good results with a delayed rising.
are you saying in your last post that you can predict whether an earnings announcement will be postive based on TA ? :)
lastly, if VCLK did good and AQNT did good ---- is MIVA next?
rocket8
I am trying to use many factors to predict post earnings movement...(the girls love that line, lol) of course I cannot predict earnings but from TA and some other stuff I am trying to predict the reaction come earnings day. This is extremely risky but can be very rewarding. >:D
Using this aggressive method I have made 13.45% in 7 trading days... and I think I can do much better ;)
My research has led me the G-pattern and now I'm trying to figure this one out(hmm the E-pattern?) :) Looking forward to testing my other research.
give us a hint on pattern E. lol.
(and this time make it simpler to understand. i still can't get pattern G). lol.
i figured out how to make a stock go UP.... i sell my shares.
i also figured out how to make it go DOWN... i buy some.
haha
;D
I'm working on some things for the g-pattern and I think it will be much easier to recognize afterwards ;)
Pattern E sounds good, thx rocket :D
I hope that turns around..or until it does tell me what you are selling, lol
Quote from: Rocket8 on August 05, 2005, 12:51:36 AM
the reason i picked PETS was because PETS had great results and did not go up and then 2 days later up it went. it was like a delayed reaction with time for me to get in. thus I have been looking for more stocks that have good results with a delayed rising.
rocket8
Hey Rocket, this "delayed rising" after great earnings is a truly excellent idea to study(applaud). I have noticed this pattern and I think we definately need to be on the lookout for it.
So I figure we are looking for <earnings that beat or raised guidance> that did not have the "proper" price action associated with it. Hmmmmm
You may want to start a thread about this somewhere. I'll join in on the TA if you find the stocks ;)
using a trailing stop of 12 cents on VCLK.. which puts my stop at 13.38 right now..
Earnings Play#5:
VCLK
Bought @ 13.10
Sold @ 13.39
= +2.21%
5 for 6 now(5 in a row ;))
Total % =+15.66%
since 7/27
well I see nothing interesting in pre-market earnings Monday.. so no picks
Heading out.. Have a nice weekend everybody ;D
knok! knok! ;)
Hi G !
Can you give us a feedback on the AMRE post about the G-Pattern ?
http://www.3stocksonfire.org/trading/index.php?topic=1992.msg14446#msg14446
thanks ! ;)
Hi, eliteG:
>>5 for 6 now(5 in a row )
>>Total % =+15.66%
>> since 7/27
Does it mean that your $1,000 -> $1,156.60 now since 7/27?
hey shaw ;)
I am showing that % for research purposes. I have played those plays with real money(more than $1000) ;) ..so I am very pleased ;D
This thread has just become a place where I just test some research I have been working on. For example on pg 3 starts the G-pattern :o. Right now I am trying to predict positive earnings reaction(price movement)... I may also start negative earnings reaction as well.
Good trading.
CMT did not rise much after good earnings last week.
maybe a delayed reaction? :)
i notice also that u sold PKD but also stated u thought it would go higher.
will u buy again?
PKD is on fire.
It may continue current trend. Target is $10.
Quote from: Rocket8 on August 07, 2005, 11:36:23 PM
CMT did not rise much after good earnings last week.
maybe a delayed reaction? :)
i notice also that u sold PKD but also stated u thought it would go higher.
will u buy again?
still holding
PKD check out what I wrote about it on the previous page ;)
Quote from: shawFund on August 08, 2005, 02:07:59 AM
PKD is on fire.
It may continue current trend. Target is $10.
yep thats the idea >:D .. I like your 10 bag study shaw thx(applaud)
Good morning, EliteG.
I studied this Infinite Compound Project all weekend,especially the G-Pattern.
You didn't think I was paying attention,Did you?
I got me a folder made up..print out...The G-Pattern. ;)
Great work G.
Quote from: setravis on August 08, 2005, 12:15:25 PM
Good morning, EliteG.
I studied this Infinite Compound Project all weekend,especially the G-Pattern.
You didn't think I was paying attention,Did you?
I got me a folder made up..print out...The G-Pattern. ;)
Great work G.
thx man.. workin on g-pattern update, out soon :)
Was too busy to do earnings research(takes awhile) so no picks there today :-X
I liked the action on MCEL and PQUE so I had to buy. >:D
And I believe ENTU is getting ready to takeoff ;)
I'll update these in their proper places.
Hope everyone had a good Monday. :)
Quote from: eliteG on August 08, 2005, 04:11:31 PM
Was too busy to do earnings research(takes awhile) so no picks there today :-X
I liked the action on MCEL and PQUE so I had to buy. >:D
And I believe ENTU is getting ready to takeoff ;)
I'll update these in their proper places.
Hope everyone had a good Monday. :)
EliteG, All 3 look awesome.
But I didn't know ENTU was still on the runway, I thought You and ENTU tookoff already. ;D
MCEL, Hmmm...looks like it is waiting on me to get in.. I see plans tomorrow morning ;)
Nice day out of all
PQUE....+6.49%.....Volume 2.09 mil
ENTU....+7.82%.....Volume 4.7 mil
MCEL....+21.31%....Volume 5.2 mil....this one :o...for me!!!
Great trading Wizard....applaud this work ;)
thx bro, I am in ENTU already as well..I was just saying it looks like it could really fly now.
Its looking like a great week for all of us ;)
Hey Eliteg how about exxa, looks good for a earnings play coming out around the 16th.
Quote from: BullMan on August 08, 2005, 09:44:19 PM
Hey Eliteg how about exxa, looks good for a earnings play coming out around the 16th.
EXX/A? with that low volume and strange symbol I would never consider it BullMan.
But for an earnings play today I have filtered down to these 7:
ACTI ECST PETD SNDA PANL USMO VLNC
Alright narrowed down the list to 2 for the earnings play:
ACTI - security software
PANL - display technology
When are earnings out on these two EliteG?
TIA !!!
hey Tirebldr ;) earnings are out after market close for both
7th earning play: PANL got it @ 13.16.. >:D havin trouble with my pc so not sure if I will be able to post again b4 close >:(
this didn't help my decision but an interesting read if you like display technology: :)
Science fiction or science fact?
Universal Display specializes in organic light emitting diode (OLED) technology. That may mean nothing to you, but think how the electronic displays of products will evolve. I'm not going to dive into the details of this technology here (I'm no scientist, to say the least, and there's a good description of how it works in the June issue of Rule Breakers). The end result, however, we can all understand: We're talking transparent, flexible, feather-light, energy-efficient electronic displays.
Think, for instance, about an electronic newspaper. Instead of a messy newsprint pile in your hallway, you're reading news stories on a paper-thin screen that is refreshable on a daily basis and rolls up just like a traditional newspaper. Or office walls and windows that serve double duty as computer screens? Universal Display hopes its OLEDs will make a far-ranging list of products possible, including lightweight, wrist-mounted PDAs; wearable electronic displays; color-changing lighting panels and walls for homes and offices; super lightweight television monitors for walls; and smart goggles and helmets for scuba divers and motorcycle riders.
These are innovations many of us might still find a little too futuristic, but the future is coming and nobody can stop it. Market research firms DisplaySearch and iSuppli estimate that the OLED market may exceed $800 million in 2005 but zoom rapidly past $2 billion in 2008.
When you think of consumer electronics, these displays can be used in all the big-deal, whiz-bang gadgets and gizmos that people love: mobile phone main and sub-displays, car audio systems, digital cameras, PDAs, DVD players, handheld TVs, notebook PCs, and industrial applications.
The writing is on the wall
There's a lot to like about Universal Display -- first and foremost, the strength of its intellectual property. The company owns or licenses 625 patents that are issued or pending worldwide. Universal doesn't actually manufacture the displays; rather, it licenses the technology to other companies and some parts of the U.S. government. Samsung SDI, the U.S. Department of Defense, the U.S. Department of Energy, Sony (NYSE: SNE), Tohoku Pioneer, Epson, and Toyota Industries are some of the organizations that Universal Display has sold its technology or licenses to or entered into research agreements with for funding.
Breaking the rules, of course, often implies more than a small degree of risk. And there are plenty in the OLED market. For one thing, there are plenty of businesses trying to develop LCD and plasma technologies that achieve some of the same benefits that OLEDs do, although Universal says it believes OLED display technology overcomes existing limitations of other technologies.
Another risk is the high-profile competition it faces -- as in so many other industries, partners are sometimes also rivals. Competitors include Sony, Sharp, Fujitsu, Samsung Electronics -- all of which have deep pockets. Other competitors include Seiko Epson, Fuji Film (Nasdaq: FUJIY), Dow Chemical (NYSE: DOW), DuPont (NYSE: DD) Displays, and many more. They will each be licensing patents from either Eastman Kodak (NYSE: EK), the pioneers of small-molecule OLED technology (also known as SMOLEDs), or Cambridge Display Technology (Nasdaq: OLED), which has a competing OLED technology that uses polymers (known as P-OLEDs) rather than small molecules.
Granted, like most Rule Breakers, Universal Display still has its share of speculative elements. It continues to shell out for research and developing spending, so it's not yet profitable (I see this as a must for a company like this). What makes Universal so exciting is the huge market opportunity in OLEDs as new applications for its technology -- from the relatively mundane to the downright futuristic -- emerge.
On the other hand, as of its latest quarter, Universal had ample cash on its balance sheet, with very little debt. These aspects offset some of the risks of a company that is still setting the stage for its foray into what it hopes will be exploding sales and profits.
http://www.fool.com/news/commentary/2005/commentary05080505.htm?source=eptyholnk303100&logvisit=y&npu=y
Before I retired, in January, from Minnesota's major airlines (not allowed to mention their name for some weird reason), <I was an avionic tech there for some 18 years> we would receive lots of good reading material talking about this very same technology. We are now talking about many of our aircraft instruments being incorporated into the windscreen (windshield) of the planes.
Plans are being worked out to have advertizement signs in the stores you shop that are as thin as cardboard, controlled by computer, that can change the display as well as prices via the keyboard. One day we will have a big paper thin TV screen on the wall.
This article is correct. The future is coming now. Many are comparing PANL to perhaps Apple, and what took place in their growth. I'm reading this company may very well be one you'd like to buy into and keep for a very long term. Time will tell.
In the meantime I applaud you for bringing PANL to our attention. In @ 13.12 and may very well buy more as time goes on. Please contine to help us by evaluating this company.
Many thanks !!!
WOOHOO! 8)
PANL is up 5.26% after hours.. 6 in a row
Although the story looks great Tirebldr I'm not falling in love with this stock. I will most likely sell it all tomorrow.
I picked PANL over ACTI(up 6% after hours) because of the short % in PANL which is @ 10.24% of float (according to: http://www.shortsqueeze.com/index.php?symbol=PANL&submit=Enter)..ACTI had just 0.85% short. ;)
too me this means PANL could extend its gains in the pre-market and during the market tomorrow due to squeezing. I will be using an aggressive trailing stop on 1/2 my shares...and a bit less aggressive trailer on the other 1/2. I may sell immediately if a certain target is reached.
Free money Tirebldr ;) you got in 4 cents better than me! (applaud) and thanks for the info. Always like reading about technology advance.
>:D
Very interesting site G (shortsqueeze). Lot of good info. I see more there I've got to learn about quickly (floats, Short % of Float, etc), and how it affects our decisions. I really get into this new nano-technology. Very interesting stuff. I was kinda afraid of ACTI after reading what took place the previous qtr's. Took of good today though. Good call G.....applause....
I see that XOMA took a shot up today after earnings this afternoon. Just my luck once I get stopped out. And DEPO's chart is interesting. TC2005 has that Balance of Power, and MoneyStream thing. Those show that there is big buying perhaps getting ready to break free. How does DEPO look to you?
Now see my ScottradeElite chart for PANL is still showing 13.30, which don't take into acc't (I don't think so anyhow) that 5.26% you spoke of before. I've gotta find out where I can peek into that sometime also.
QuoteVery interesting site G (shortsqueeze). Lot of good info. I see more there I've got to learn about quickly (floats, Short % of Float, etc), and how it affects our decisions. I really get into this new nano-technology. Very interesting stuff. I was kinda afraid of ACTI after reading what took place the previous qtr's. Took of good today though. Good call G.....applause....
thanks Tire :)
QuoteI see that XOMA took a shot up today after earnings this afternoon. Just my luck once I get stopped out. And DEPO's chart is interesting. TC2005 has that Balance of Power, and MoneyStream thing. Those show that there is big buying perhaps getting ready to break free. How does DEPO look to you?
Not familiar with those indicators (Balance of Power, and MoneyStream) as I don't have TC2005..Just stockcharts.com. DEPO might look interesting with a volume burst and a tall white candle taking it past 5.5 but not for me until then.
Quote
Now see my ScottradeElite chart for PANL is still showing 13.30, which don't take into acc't (I don't think so anyhow) that 5.26% you spoke of before. I've gotta find out where I can peek into that sometime also.
yahoo.com shows this:
UNIVERSAL DISPLAY (NasdaqNM:PANL)
After Hours (RT-ECN): 14.00 Up 0.70 (5.26%)
link: http://finance.yahoo.com/q?s=panl
Now tomorrow morning that could be completely different but its looking good as
PANL beat the numbers strong.
8)
sold PANL @ 14.00 pre-market.. I have to be out of the office this morning.
Earnings Play#7:
PANL
Bought @ 13.16
Sold @ 14.00
= +6.38%
6 for 7 now(6 in a row ;))
Total% =+22.04%
since 7/27
>:D >:D ;D
I'm too scared to buy into TOMO. That one is gonna move with earnings. So no earnings play today.
Here is a recap of the plays:
Earnings Play#1:
ISSX (7/27 - 7/28)
B: 22.69
S: 22.18
= (-2.25%)
Earnings Play#2:
BLDP (7/28 - 7/29)
B: 4.77
S: 4.97
= +4.19%
Earnings Play#3:
ENMC (7/29 - 8/01)
Bought: 5.75
Sold: 5.97
= +3.82%
Earnings Play#4:
GLBL (8/03 - 8/04)
Bought: 10.48
Sold: 10.90
= +4.00%
Earnings Play#5:
PKD (8/03 - 8/04)
Bought: 7.58
Closed: 7.86
= +3.69%
Earnings Play#6:
VCLK (8/04 - 8/05)
Bought @ 13.10
Sold @ 13.39
= +2.21%
Earnings Play#7:
PANL (8/09 - 8/10)
Bought @ 13.16
Sold @ 14.00
= +6.38%
All the plays totalled: 22.04%
Investing 10k and reinvesting gives:
#0: $10000
#1: $ 9775
#2: $10184
#3: $10573
#4: $10995
#5: $11400
#6: $11651
#7: $12394
-commission of $30 per play($15buy/sell)
-210
= $12184 in account.
+ $2184
+ 21.84%
in 7 days worth of trading
>:D 8) :o ;)
*note: I did not use 10k
Nice !!!
I must applaud you G ;)
Also applauding!
I love sucess-stories ;D
Well done, eliteG.
thank u thank u ;D
QuoteI'm too scared to buy into TOMO. That one is gonna move with earnings.
yep
TOMO moved as high as 9% and is now up 5%.. its the scary ones that give the most reward ;)
hmmm... lets see whats next >:D
a look down my streamer and i see a lot of eliteG picks are up today.
damn it. hahaha.
Nice G, applause well deserved! Now if the rest of us can only keep up with you...
One week 22% gain. One year ( 52 weeks ), componded 30,953% gain
$1,000 -> $30 million after one year.
Remarkable. Keep up.
thanks for the comments. 8) lets turn up the heat next week ;)
applaud elite for ur trade discipline and picks.
:)EliteG and request by Stocksquire. If i knew specific parameters of what constitutes a trend leading to the G_SPOT, then we might be able to do a prescan on stock.charts .com or i can ask some friends on vector-vest to pick the top ten. any comments or feedback would be appreciated!
Quote from: stocky on August 14, 2005, 12:05:53 PM
applaud elite for ur trade discipline and picks.
I appreciate it stocky. Thank you. ;D
Quote from: kennyg on August 14, 2005, 01:40:19 PM
:)EliteG and request by Stocksquire. If i knew specific parameters of what constitutes a trend leading to the G_SPOT, then we might be able to do a prescan on stock.charts .com or i can ask some friends on vector-vest to pick the top ten. any comments or feedback would be appreciated!
I am working on the parameters right now.. You would have to use many stockcharts.com scans to find a g-pattern(I have stockcharts subscription).
But I highly recommend that you look at the past examples @ http://www.3stocksonfire.org/trading/index.php?topic=2187.0
the horizontal lines are the g-spots for the stocks. Try to come up with your own definition as well ;) I will post the definition in the TA section.
Also starting on page 3 of this thread is a ton of information on g-patterns 8)
I am still studying and learning about the "G patterns" everyday. The main thing I've discovered over the past few weeks is that while one cannot expect every breach of the g spot to bring a double or more, almost every breach of the g pattern that i have followed/traded has led to at least a nice spike in the pps. Sometimes the spike is quick, but if you are vigiliant, there is money to be made. I'd like to find some more time to post my research, and I'm hopeful that I'll slow down at my "day job" over the next week. I have been working on trying to come up with a quick way to pre-screen for stocks in phase 2 of the g pattern (the consolidation phase), and would certainly like to hear from EliteG and others on what they've been able to come up with. It is very tricky to come up with screening commands that weed out stocks not in the g pattern, while not being too exclusive of possible great g pattern plays. When you break it down, what we are really looking for are stocks that have had "recent" "large" spikes in volume and "good" spikes in price per share, that have since come down, at least in price per share, but not lower than the low of candle preceeding the initial spike. The quantifiers that need some work are:
Recent: how far back in time do we want to go? If you go back too far, you are probably no longer working from the momentum that caused the initial spike. I was thinking of setting a date parameter of 14 days.
Large Volume Spike: EliteG's rules call for a recent gain that was made on good volume. This makes sense, as we want confirmation that there is a strong market to continue buying the stock once it has finished consolidating. So, the question becomes, where do we set the volume parameters? I have been kicking around setting it at: any spike in volume during the last 14 days that is 40% or more greater than the average two month volume for the stock.
Good Spike in PPS: Obviously very important to the analysis. To be considered a g pattern, we need a stock that has spiked considerably on large volume. Again, setting the price parameter is very arbitrary, but I was thinking that a good starting point would be to search for stocks that, within the last 14 days, have had a spike in price that was at least 25% higher than the 1 month average price of the security. Obviously, we need the spike in pps and volume to be during the same day(s) during the 14 day period.
The two most recent g patterns that I played were VYST and CRGO. I don't have time to post the charts right now, but if you go back and look at VYST, you'll see that it had a g spot somewhere around .13. It crossed that spot, and within days was over .40. It has since fallen back, but it was a very profitable play if you caught it during phase 3 of the g pattern. As for CRGO, the g spot was at .023. It crossed it last week and spiked to .029, and then quickly came back down and closed on Friday at .02. While I don't think the CRGO run is over (this company is just getting started in the logistics business and already has a deal with Continental Arilines), if you were vigiliant, you could have come away with a 17%-20% gain after it crossed .023 (I'm still holding my shares).
Anyway, I really think there is something to the g patterns, and I have made some good trades over the past few weeks based on them. I will post some charts of my g pattern plays (which inlcude ADDI, MSSI, FCCN, PHOX, IFDG, WGFL, CRGO, VYST, and a few others) as soon as I get some time this week. In the meantime, if I find any others, I'll post them on the Penny Stock Picking thread. I welcome any comments/suggestions to the scanning criteria that I'm working on -- and would welcome seeing what others have come up with (including G pattern stock finds).
Good luck all -- let's make some money this week.
nice work stocksquire (applaud)
allow me to redirect your g-pattern efforts to the technical analysis board where I have started 2 threads for g-pattern analysis.
one is g-pattern past plays:
http://www.3stocksonfire.org/trading/index.php?topic=2187.msg15936#msg15936
and the other is potential setups:
http://www.3stocksonfire.org/trading/index.php?topic=2186.0
this thread either dies out or I will eventually try to test some other things here.
thx man ;)
Hi, eliteG:
Where did you get the historical data and daily data for BB and PINK stocks.
I know one resource which is for free for daily BB stock data but I would like to know the resources for historical data.
Once I got it, I may be able to write a program to scan all stocks to identify daily G-Pattern stocks.
Well you are gonna laugh butfor historical research I used the eyes and a lot of charts.
My scans are primitive(i use stockcharts.com scanning tool). I picked out stocks from .0001 - 10 nowadays. and used candle glance(stockcharts.com list viewing option)..which allowed me to look at many charts on the same page.
I just wrote down the names of the ones I saw big moves on and weeded out the ones that I believed were unplayable because of too quick a rise or too low a volume.
I can only scan AMEX, NASDAQ, NYSE and BB stocks with stockcharts.com. Any pink sheet examples I have from memory or found them somewhere. I try not to play pinkies.
You see the g-pattern is a visual pattern.. an idea.. so a scan would be difficult to write.
What are you using for your scanning? and what parameters are available that you think would help for g-patterns?
Do you have to pay to use stockCharts.com scanning features?
Right now I am using our own software (developed in-house) to scan stocks.
The software now can identify some patterns such as double top, double bottom, resistance/supporting levels, flags, automatic trendline drawing, etc.
So, it is very easy to find stocks which has double bottom/top, which touched important support/resistance levels etc.
I may be able to add a routine into the software to find stocks having G-patterns (stage 3).
I like to add one point:
No matter what trading strategy one uses, that trading strategy has to deal with three things:
1. entry strategy;
2. profit taking strategy;
3. stop loss strategy.
if u write ur own code (software) you can identify patterns by the numbers.
that doesn't sound too hard.
i believe pattern G is doable in software.
you could even come up with a number to "rate" each stock on how "pattern-G-ish" it is.
-rocket8
Allright.. I'm gonna try something a bit different now in this thread.
I'm going to try to locate stocks that have a strong chance of gapping up the next day... or at the least move strongly higher the next day. The buy should be made near end of day as that is when I can have the most analysis as to its gap potential. The stock will be sold the next day and if its really gapping strong I may sell in the pre-market. I will use earnings plays too if I see one that looks good ;).
summary:
-buy stock near end of day that shows gap potential
-set up a stop loss at the time of buy(have to protect against loss)
-sell stock higher the next day
based on technicals and momentum behavior.
The idea is to be quick and ruthless >:D
I'll be using real $ and re-investing it into the next play. I will not discuss the amount I use but I will calculate it all based on a 10k start.
May pick one before end of day today(friday 8/19) or start Monday.
I hope I can get some good suggestions from everybody.
Now its time for some infinite compound! 8)
Lets kick some market! >:D
china came out with decent earnings today but stock only up like 10%. Might gap up as more people find out about earnings.
These are the stocks I was considering.. CHINA(thx catrader), REDF, SIFY, VPHM, BCON, IDBE, TOMO, SOHU
and I believe I'm gonna go with IDBE if I go with something.. not sure yet 8)
IDBE is acting great here near close but I am going to wait till next week to start. ;) ..so no buy, lets see how it does Monday morning. Everyone have a great weekend ;D 8) Take it easy.
??? TO ELITE G WHAT HAPPENED TO YOUR G-SPOT ANALYSIS THAT SEEMED TO BE DOING SO WELL A COUPLE OF WEEKS AGO? DID ANYONE FINE TUNE,SCAN OR TWEEK IT SOMEWHAT? WISH WE COULD ALL JUST STAY WITH A WINNING METHOD!
Quote from: kennyg on August 19, 2005, 10:23:29 PM
??? TO ELITE G WHAT HAPPENED TO YOUR G-SPOT ANALYSIS THAT SEEMED TO BE DOING SO WELL A COUPLE OF WEEKS AGO? DID ANYONE FINE TUNE,SCAN OR TWEEK IT SOMEWHAT? WISH WE COULD ALL JUST STAY WITH A WINNING METHOD!
I know what you mean kennyg. But do not worry.. there is a place for the g-pattern.
If you want to study it:
http://www.3stocksonfire.org/trading/index.php?topic=2187.0
If you are looking to talk to people looking for potential plays or want to post potential plays:
http://www.3stocksonfire.org/trading/index.php?topic=2186.0
People interpret things differently. This is definately true with stock patterns and the G-pattern in particular. I have some strict requirements for the g-pattern now after studying some fakeouts and I will try to mention it if I see one that means my criteria. I do not believe the g-pattern happens too often.
So what am I doing with this thread? Well I am a true fan of the markets. I am just exploring different fun things here... and it would be a nice bonus to make a million dollars I'm thinkin. Its important, anyway, for a trader to have many tools in their arsenal, no? ;)
But thanks for the reply.. I will try to stay on top of the g-pattern. If you have any questions let me know.
Check out the links too ;)
g 8)
i imagine anything like pattern G would have to be really strict to work.
it would have to be the market for that stock really acting according to the psychology you believe the pattern indicates.
jmho
Quote from: eliteG on August 19, 2005, 03:52:19 PM
IDBE is acting great here near close but I am going to wait till next week to start. ;) ..so no buy, lets see how it does Monday morning. Everyone have a great weekend ;D 8) Take it easy.
IDBE rockin and rollin! :o
Great pick EliteG. Here is an upgrade also
DJ Paradigm Ups ID Biomedical Tgt To C$60 From C$29 IDBE (Dow Jones Newswires)
19-Aug-05 JMP Securities Initiated Strong Buy
9-Aug-05 Deutsche Securities Initiated Buy
17-Mar-05 Caris & Company Downgrade Buy Above Average
10-Jan-05 Delafield Hambrecht Initiated Buy
16-Dec-04 Oppenheimer Initiated Buy
30-Nov-04 Caris & Company Initiated Buy
22-Jun-04 Roth Capital Downgrade Strong Buy Buy
6-Oct-03 Roth Capital Upgrade Buy Strong Buy
10-Jun-03 Ryan, Beck & Co Initiated Outperform
14-Feb-03 CIBC Wrld Mkts Initiated Sector Outperform
18-May-01 WF Van Kasper Initiated Mkt Perform
Good call...I was eye-balling IDBE as well.
did u ever buy IDBE mr. G ?
when i see a stock go up a lot i am always worried about buying it and it going down.
i wonder if that is a bad habit. hard to break it. damn !
eliteG called IDBE on friday while trading was happenning. during the weekend i saw a few sites pick up on IDBE. now its big news. (applaud)
Quote from: eliteG on August 19, 2005, 03:52:19 PM
IDBE is acting great here near close but I am going to wait till next week to start. ;) ..so no buy, lets see how it does Monday morning. Everyone have a great weekend ;D 8) Take it easy.
should have acted an bought some sept 20 calls(did not unfortunately), now up more than 60%. what was it that was acting great, the volume and level II? your insight and picks are just outstanding. In no time, you might be a millionaire if you pick like this consistently.
one question about idbe, per latest earnings, http://biz.yahoo.com/prnews/050815/to286.html?.v=10 , its losses tripled yet stock goes up. Is this like expected for a biotech and pharmaceutical company? how do you take this in analysis vs. fundamental and techniacal analysis?
thx guys, no I never bought IDBE.. and I mean you can see I was so close to going in.. oh well I think I have a better one for tomorrow ;)
SFE looks to be a strong mover for tomorrow.. I am planning to buy it by end of day. I believe it will do beter than IDBE did today.
..about IDBE earnings, catrader, I really am not a great fundamentals guy... I picked IDBE based on technicals, and because visually it looked pretty ;) I believe TA factors in fundamental analysis. I should mention that I believe it is normal to show big losses for the drug companies before they start reeling it in.
IDBE will probably see another gap tomorrow. I may buy it end of day also.
Quote from: eliteG on August 22, 2005, 02:08:43 PM
thx guys, no I never bought IDBE.. and I mean you can see I was so close to going in.. oh well I think I have a better one for tomorrow ;)
SFE looks to be a strong mover for tomorrow.. I am planning to buy it by end of day. I believe it will do beter than IDBE did today.
..about IDBE earnings, catrader, I really am not a great fundamentals guy... I picked IDBE based on technicals, and because visually it looked pretty ;) I believe TA factors in fundamental analysis. I should mention that I believe it is normal to show big losses for the drug companies before they start reeling it in.
IDBE will probably see another gap tomorrow. I may buy it end of day also.
sfe possible up because directors bought in?
yessir ;) that also provides a safety net
I bought some SFE @ 1.64 8)
i couldn't get the mvg avg to display right but there is an important crossing of price over the 200sma and ema today on top of this extended g-pattern. If the g-pattern is correct here it is possible to see $2.5 -$3. I'll get a better chart up after close. >:D
eliteG, agreed on SFE. I'm in as well. Nice analysis.
..so
SFE looks to be a strong mover tomorrow.
Its had a good Thursday, Friday and now a great Monday! All on increasing volume! :o
Its had insider buys: http://www.insidercow.com/
QuoteClarient, Inc. is a majority owned subsidiary of Safeguard Scientifics, Inc., as of March 15, 2005
(
CLRT) - has insider buys: http://www.insidercow.com/
And I hear a lot of chatter.
Looks good 8)
Funny, I tried to buy 1,000 @ $1.73 aftermarket and no one wants to sell them to me. :)
I sold SFE @ 1.65. Not happy that it didn't run right away. I may be out for 1-2 days. Good trading everybody. 8)
Come back already. >:D
Still holding HSR?
Lets see whats cooking this week. I'm holding some AGIX I bought @ 17.16 on Friday. I'm thinking today is the day for it to rock. Some buyout rumors($40!) and I guess they might have a drug that not only prevents heart disease but reverses damage? Chart looks good to me and so that is why I am in.
irod - I have never held any HSR. The volume is too low.
I see, thx. Keep us updated. ;)
Quote from: eliteG on August 29, 2005, 09:16:39 AM
Lets see whats cooking this week. I'm holding some AGIX I bought @ 17.16 on Friday. I'm thinking today is the day for it to rock. Some buyout rumors($40!) and I guess they might have a drug that not only prevents heart disease but reverses damage? Chart looks good to me and so that is why I am in.
AGIX looking pretty I think I may have to hold this one overnight again. ;D Feels like sure money. ;) ..there are some others looking good though.
Nice. ;D Any G-Spots lately? :D
Hey EliteG. I've been lurking, and thought I'd try to contribute. I was interested in your "pull-back" theory. Your thoughts on a couple that seem to fit the pattern?
RSHN & INSQ.
TIA.
Cool thread(s), man. 8)
Quote from: texdc on August 29, 2005, 11:08:52 PM
Hey EliteG. I've been lurking, and thought I'd try to contribute. I was interested in your "pull-back" theory. Your thoughts on a couple that seem to fit the pattern?
RSHN & INSQ.
TIA.
Cool thread(s), man. 8)
hey texdc,
RSHN and INSQ do not fit the g-pattern, imo, currently because when they fall back they undercut the high volume rise(g1). If you look at INSQ it shows 2 g-patterns in June that both go over 100% from their g-spot. >:D
Stocks that I think will be strong tomorrow:
IPII - construction materials company reacted to last hurricane, low float, strong candle today, short term rounding bottom.
IFUE - really great chart, deals with oil and gas.
RTK - great 52-week breakout, near all time high, deals with oil and gas field.
MCEL - if this can close above the open of yesterdays evil black candle it shows a heck of a lot of strength and 3 becomes almost certainty and maybe a heck of a lot more.
and I'm still in AGIX because the rumor of a buyout has not driven the price up enough. I think it is a very positive sign that it has not over-reacted to the news and that is now drifting higher on low volume. This means to me that not many interested in selling and buyers just waiting for a PR item. Perhaps tomorrow. ;)
i bought MCEL at $1.80 in June and sold for $1.67
a loss. :P
and, of course, MCEL is now way UP.
researching MCEL I liked their management and I also liked that other companies, if i recall correctly, Dow-Corning, was giving MCEL money in a joint-venture. I thought to myself that their technology must be special if they were winning partnerships like that.
MCEL has little money. I didn't like their lack of finances. MCEL is always struggling for money to survive. MCEL has no revenues yet but sometimes that is better than having revenues in term of getting a high valuation.
Overall, I like MCEL... just didn't like their lack of finances. I was always scared they could run out of $.
-rocket8
Hey EliteG,
Are there any new stock picks on the radar with G pattern? I need to make some money now as I have lost in couple of my picks...
MCEL was my pick too.. Bought at 1.6 and sold at 1.earlier then they rolled back to 1.5... I am amazed to see it going up to 2.6 ( 2 months return).
In my opinion, MCEL is case like DIFB where products were strong, markets were right, first to market but management is AWFUL..... ( DFIB made all missteps in last 3 years to go from 5 to 1 rather than going from 5 to 15. Same may apply to MCEL. I hope not for all you people who have invested in it)
Thanks for all the analysis.
Waiting for some G spot picks?
Quote from: eliteG on August 30, 2005, 02:09:52 PM
hey texdc,
RSHN and INSQ do not fit the g-pattern, imo, currently because when they fall back they undercut the high volume rise(g1). If you look at INSQ it shows 2 g-patterns in June that both go over 100% from their g-spot. >:D
OK, I understand it better now. Thanks for the extra explanation.
Quote from: eliteG on August 30, 2005, 02:22:46 PM
Stocks that I think will be strong tomorrow:
IPII - construction materials company reacted to last hurricane, low float, strong candle today, short term rounding bottom.
IFUE - really great chart, deals with oil and gas.
RTK - great 52-week breakout, near all time high, deals with oil and gas field.
MCEL - if this can close above the open of yesterdays evil black candle it shows a heck of a lot of strength and 3 becomes almost certainty and maybe a heck of a lot more.
and I'm still in AGIX because the rumor of a buyout has not driven the price up enough. I think it is a very positive sign that it has not over-reacted to the news and that is now drifting higher on low volume. This means to me that not many interested in selling and buyers just waiting for a PR item. Perhaps tomorrow. ;)
The picks are doing great but I let go of
AGIX for the moment to buy some
BSM. Now that is some excitement!. Low float, I think it will cross 5 today... and then to the moon! >:D
Thanks to LJT2 for bringing it up(applaud) here: http://www.3stocksonfire.org/trading/index.php?topic=2515.msg18735#msg18735
Quote from: eliteG on August 31, 2005, 10:04:01 AM
Quote from: eliteG on August 30, 2005, 02:22:46 PM
Stocks that I think will be strong tomorrow:
IPII - construction materials company reacted to last hurricane, low float, strong candle today, short term rounding bottom.
IFUE - really great chart, deals with oil and gas.
RTK - great 52-week breakout, near all time high, deals with oil and gas field.
MCEL - if this can close above the open of yesterdays evil black candle it shows a heck of a lot of strength and 3 becomes almost certainty and maybe a heck of a lot more.
and I'm still in AGIX because the rumor of a buyout has not driven the price up enough. I think it is a very positive sign that it has not over-reacted to the news and that is now drifting higher on low volume. This means to me that not many interested in selling and buyers just waiting for a PR item. Perhaps tomorrow. ;)
The picks are doing great but I let go of AGIX for the moment to buy some BSM. Now that is some excitement!. Low float, I think it will cross 5 today... and then to the moon! >:D
Thanks to LJT2 for bringing it up(applaud) here: http://www.3stocksonfire.org/trading/index.php?topic=2515.msg18735#msg18735
still holding agix calls and added bsm yesterday on the cancer trial news. looks like so far you and I are right. good call.
COOL CA 8)
The picks did so well(overall) yesterday/today I figured I'd try it again today. The idea is to sell the following day. >:D I liked a bit more today:
BSM - really amazing news, low float, no resistance, undervalued imo, great chart
PLKC - chart looks like it must punch a bit higher
ABIX - great chart, g-pattern, hurricane play, low float
AMEP - its about time this beast woke up, like the chart
RVMN - its about time this beast woke up too, like the chart too
RSSYF - i usually regret not buying these perfect patterns, great chart
AOB - a close above 3.80 and I think this one looks very strong tomorrow
honorable mention(didnt quite make the list but close):
WEGI HOM FCEL BLDP HAWK GENR ESLR
hey ill-eat-gee,
how do u find ur picks?
is it from the stock-screener on stockcharts that you once talked about?
do you have a certain "script" u use?
has it changed lately?
-rocket8
always changing but I just use the old eyeball method ;)
try to find whats hot.. yea I look at a lot of charts. Over 300 a day.
8)
If I may ask, what's the best tool to look at so many charts in a speedy and efficient manner?
Quote from: irod on September 01, 2005, 03:58:04 AM
If I may ask, what's the best tool to look at so many charts in a speedy and efficient manner?
I use stockcharts.com and Realtick(realtick.com) to look at my charts. ;)
picked up AGIX @ 18.10.. great intraday breakout.. been waiting to get back in. ;)
IDBE lookin great.. I think it wants 30 quick >:D
I really am liking AGIX movement here.
AGIX - In at 18.20 @ 11:49 EST. Volume low, but 18.20 holding for now.
I'm gonna call it a day here (a great day ;D)
Gonna hold it IDBE and AGIX overnight.
Bring in the green 8)
Put a stop on AGIX @ 17.80, just in case. Slight downward drifting ...
Re-entry point anyone? I took another go around with amep at .0249, looking for an afternoon push.
Allright gotta make my overnight picks for research purposes. They have been doing great(collectively)..I'll show you my calculations soon. Again the idea is to buy today and sell tomorrow.
biotech/pharm
AGIX - has broken 18 resis(now a bit under), rumor still in the air, selling pressure not there as it drifts higher on low volume.
IDBE - has been resting, has hammers(confirms them with close above), new high targets at brokerages
AOB - showing support today, gonna play it again
VRA - something is up, moving through 200s like its butter.
oils/gas
DOIG - confirming hammers, beautiful chart
GSX - great long-term chart, just above 52 week high
HAWK - i like this chart at all time and 52-week high area, these candles wanna be broken.
AMEP - great show today and probably even stronger tomorrow.
I was looking at gold but nothing peaked my interest.
good trading 8)
Could not resist a re entry at 7.80. No applause for almost shorting at 9 that failed. I would have covered at 9.39 before it went south for a loss. :D
I got shaken out at 8.40. Oh well, that makes up for the abix brain fart. Fastest $600 I have made in a while. I wonder if we will get one more pull back today?
i think you're on the wrong thread oicpecnoc :D.. I bleive you are looking for the BSM thread ;) good trade by the way (applaud)
Sorry,
I got lost for a moment
lookin @ REDF for a possible long intraday trade if it breaks 13.50 ;)
REDF intraday charts
60 minute and 5 minute
lets see what happens ;)
rgen high alert.
drug approved.
this mornin ;) @ 4.. after i do my DD I want to buy as soon as possible (i've had stocks run away from me b4)
RGEN's graph seems we are leaving the bearish wedge into a new shape.
what do u think?
i think we are still on a trajectory upward.
closing above $4.00 was good. 2nd time this year.
I'm workin on something, sorry I haven't had time to post too much... but its gonna be interesting/entertaining at least. Hopefully will get to it next week or the following one.
The only stocks I'm truly excited about right now are HYRF and SQUM.
Great plays and posts from everyone, thx 8)
Hey Elite,
Since you are in HYRF now, what are your thoughts on eyii. If hyrf goes wacky, as if almost 3 bags isn't wacky enough. I think EYII gets to .12 before hyrf gets to .70, do you agree or disagree? My theory is that some traders will see eyii with all the info dispensed linking them together, and see eyii as a "poor mans" hyrf. None of this is T and A, just a logic 101.
You will also have some that figure if they get in on the rise from here they can still have a lower entry point than an experienced trader such as David.
hey oicpecnoc, I was thinking about EYII but I am a fan of letting the markets tell me what is right. So far something is very strange with that one price-wise. If it starts moving moving higher I will look at it, I won't be at ground floor but I will be with the market(she's the only one right) ;).
So tomorrow will be interesting for both HYRF and EYII. I hope they both do awesome for 3sof traders but right now the market, for a momentum player, is with HYRF.
:)
What can I say, when you are wrong, you're wrong. :D Thats what makes you G and me Oic.
I'll take the gains on both, but still am shocked hyrf went to .70 before eyii even hit .10
elite man thanks. I owe you atleast five applauds for SQUM. :)
And more then applauds I must say that you are an asset to the community. Keep up the good work.
HYRF and SQUM
insanely great stock picks.
wow.
:)
applaud eliteG
wow thanks guys ;D I left early on Friday, one of my best trading days ever, and I come back to find all these applauds.
I really think the 3SOF board nailed this week. I don't know about you guys but I feel as if we are all involved in the top-stock movements. Who gets these kind of gains, seriously? Only 3SOF .
I know most of us made some $ and thats what its all about, bottomline. 99% of traders quit but I am seeing a lot of the same faces around here, and thats awesome! :)
Come on, who here isn't looking forward to Monday after a week like this?
Traders on Fire baby, woohoo :o
Have a great weekend everybody.
Your top 2 picks go up 87% and 102% in one trading session..absolutely outrageous.
Congratulations on an awesome week.
What was it specifically that attracted you to these stocks? Did you have trading plans set? Are you still a holder of both stocks?
Sorry to suffocate you with questions.
Is IDCO ready for another run?
thanks,
Lalitha
Quote from: lalitha0 on September 10, 2005, 03:51:31 PM
Is IDCO ready for another run?
thanks,
Lalitha
I'm not touching
IDCO. :-X That one will need time to get my attention again, if it ever can.
Quote from: bjc on September 10, 2005, 12:44:12 PM
Your top 2 picks go up 87% and 102% in one trading session..absolutely outrageous.
Congratulations on an awesome week.
What was it specifically that attracted you to these stocks? Did you have trading plans set? Are you still a holder of both stocks?
Sorry to suffocate you with questions.
Thanks a lot bjc ;D. The plays rocked! I was holding both on Thursday and I decided to go to cash end of day. I feel better focused on Monday this way.
What attracted me to these stocks is the chart pattern. As I stated on the HYRF board.. the pattern was beautiful, just asking to go berserk. I also felt like I pinpointed the rises and that made me feel even better.
Lets see what pops up next week. >:D
EliteG,
Its your message thread, but I couldnt resist asking you about FNSR. Have a look at chart and can you post the analysis and "opinion" here or on FNSR thread. Setravis, Higherstocks and I are looking forward to your analysis.
Also, thanks for squm and eyii picks...
Thanks,
Dhiraj
elite what are you looking at for MONDAY?
And what are you holding currently.
Quote from: dhiraj19 on September 10, 2005, 07:34:50 PM
EliteG,
Its your message thread, but I couldnt resist asking you about FNSR. Have a look at chart and can you post the analysis and "opinion" here or on FNSR thread. Setravis, Higherstocks and I are looking forward to your analysis.
Also, thanks for squm and eyii picks...
Thanks,
Dhiraj
I'm going to look at FNSR ;)
Quote from: stocky on September 10, 2005, 09:26:15 PM
elite what are you looking at for MONDAY?
And what are you holding currently.
I'm all cash. I thought this would help clear my head for next week. Looking for the next "hot" item which may mean I will rebuy stocks I sold. 8)
elite does that mean SQUM and HYRF? Are you willing to chase them higher which I am assuming will have gap up on Monday.
Quote from: stocky on September 11, 2005, 05:00:16 PM
elite does that mean SQUM and HYRF? Are you willing to chase them higher which I am assuming will have gap up on Monday.
it may be the case ;) but I dont call it chasing.. I will wait for some pattern on the intraday 8)
Allright.. 8)
I really wanted to trade CPST and it looks hot this morning.
setravis has been all over this stock: http://www.3stocksonfire.org/trading/index.php?topic=686.msg20452#msg20452
It closed above $5 on strong trading friday making it marginable for most people again. CPST will be a daytraders paradise today. Its going nuts in the pre-market almost 600,000 traded as I write this.
Technically it busted out of a tight consolidation with volume after a powerful rise which is the basis behind the g-pattern. I am lookin for some great stuff from CPST today. >:D Hopefully will get a chance to buy some more at open. I am in @ 5.70.
What a battle..now @ 662,000 volume 5 minutes till open
shorts won the first round..out at 5.54.. :-X
SQUM and HYRF were bull traps
happens so often on these pennies
(question of how to find a stock pre-breakout moved to stock market talking. this is sort of related to the g pattern, since it is finding the stock prior to g1. if you have some input for the other thread, feel free)
Quote from: drexler on September 12, 2005, 05:41:38 PM
SQUM and HYRF were bull traps
happens so often on these pennies
what's a bull trap?
Quote from: drexler on September 12, 2005, 05:41:38 PM
SQUM and HYRF were bull traps
happens so often on these pennies
I think you are incorrect drex. SQUM and HYRF are still much above their breakout points. I am out of both of them but I dont see them as "bull traps".
Quote from: drexler on September 12, 2005, 05:46:36 PM
as an aside, is there a thread that addresses how to find a stock pre-breakout?
I've seen so many stocks that are flat for a long time, have a day with some volume action, and then explode the next day. (usually I find them the day they are breaking out and it is risky to chase)
Elite, stocky or Rams, you guys have a preset screen or method you can share for finding these prior to the breakout day?
Just follow the volume drex thats what I do ;) and use historical charts to test your ideas. You may want to ask this in stock market talking. This is the thread for the infinite compound project I will eventually get back to 8)
heres one directly relating to g pattern then:
I'm confident when to buy with the g pattern, but what is the correct sell point?
would you hold as long as the price is still above the breakout, or would you have a stop loss in place?
TIA
picked up some
PRTL @ 0.99
-its got some momentum with this volume and I will add to this position if it can close above 1. This chart pattern has potential, imo.
;)
Quote from: drexler on September 12, 2005, 06:28:32 PM
heres one directly relating to g pattern then:
I'm confident when to buy with the g pattern, but what is the correct sell point?
would you hold as long as the price is still above the breakout, or would you have a stop loss in place?
TIA
selling is tough stuff drex. For me its different every time on a g-pattern stock. You must adjust to the current play but always protect your profit. Hope that helps.
Hi eliteG.
Awesome pick and great timing.
Go in at 0.98.
Stockconsultant.com show breakout alert (confirmed from triple resistance above .93) and the target of 1.21.
Do you agree with the target and do you thing that stockconsultant website is useful.
Once again, great thread (me following now on :) and great pick.
thx OneStockMind ;D I was hoping someone was following this specific pick, PRTL.
That target sounds good, you may want to 1/2 sell there. I doubled my position @ .98 and just sold half @1.16. I'm thinking the trading community gets into this one and sends it 1.50-2, possibly.
I am familiar with stockconsultant.com but I do not find it useful myself because I like to do my own TA.
PRTL kickin ass! 8)
Another possible breakout: FUEL.
What do you think about that one. I made some money on the last run but unfortunately took a position at 4.2 and got stopped out at 3.32. 20% loss - it hurts but I still think it could go back to 5.
Stockconsultant has a possible breakout > 3.64 with target of 4.24.
I followed it also....but due to lack of settled penny funds, I didn't get in. But you called it right...looked like others were watching for it to break $1 also....I thought the volume was dying but once it got over $1 around 3PM it was a frantic push upward. Yet another good call Elite. I would applaud but, being a newbie, I don't have the privelege of doing so. I have been watching here for 4-6 months though, and I must say that your track record, at least what I've watched, has been amazing. Keep up the good work. ;D
OneStockMind, I think I am more likely to buy "FOOL" than "FUEL"
I owned PRTL from May. I had so many shares I won't bother to say without really really looking dumb. Bought at $0.79 and sold at $0.65. I sold the beginning of July. I just couldn't take it anymore.
I hate you all. haha. especially you eliteG.
I let
PRTL go before close yesterday because it started to feel heavy, I may buy back in today if it sets up but not sure if I will be in the office.. have to deal with some mice :D
Quote from: OneStockMind on September 13, 2005, 07:02:49 PM
Another possible breakout: FUEL.
What do you think about that one. I made some money on the last run but unfortunately took a position at 4.2 and got stopped out at 3.32. 20% loss - it hurts but I still think it could go back to 5.
Stockconsultant has a possible breakout > 3.64 with target of 4.24.
not sure about FUEL but it seems to have found temporary support @ 3.30
Quote from: runforthedoor on September 13, 2005, 09:41:33 PM
I followed it also....but due to lack of settled penny funds, I didn't get in. But you called it right...looked like others were watching for it to break $1 also....I thought the volume was dying but once it got over $1 around 3PM it was a frantic push upward. Yet another good call Elite. I would applaud but, being a newbie, I don't have the privelege of doing so. I have been watching here for 4-6 months though, and I must say that your track record, at least what I've watched, has been amazing. Keep up the good work. ;D
thanks a lot run ;) I will try. 8)
Quote from: rocket8 on September 13, 2005, 10:59:04 PM
OneStockMind, I think I am more likely to buy "FOOL" than "FUEL"
I owned PRTL from May. I had so many shares I won't bother to say without really really looking dumb. Bought at $0.79 and sold at $0.65. I sold the beginning of July. I just couldn't take it anymore.
I hate you all. haha. especially you eliteG.
lol.. you will find the sweet stock just keep lookin.. shes out there :D
Stubborn... that never work in the daytrading world.
I didn't sell PRTL yesterday because I thought the run might continue without a pause.
Now I'm in averaged at 1.05 and looking at .99 right now.
Wonder if it will take off later in the day or should I be disciplined and exit.
yea i noticed that PRTL drop..but I think she may jump again today
I bought some CPST 5.49. I think it has a nice bottom in and it may do a lil run. 8)
You should have said that before elite, as soon as you said it went up over $1 : :)
Good luck on CPST. I'd buy it but no money until I exit PRTL.
here is my 5min CPST chart:
update CPST 5 minute:
Looks like CPST formed a cup on the intraday chart. Add a handle and... a takeoff.
update CPST 5 minute:
wo nice size bid may provide support and make traders comfortable with buying here.. hmm
update
5.70 now, too late to get in? if it is g, where do you see it heading or where do you take profits?
Quote from: catrader on September 14, 2005, 12:30:33 PM
5.70 now, too late to get in? if it is g, where do you see it heading or where do you take profits?
not sure ca.. I believe that its got more but its always safer to buy with some consolidation closeby. This is a daytrade for me and I have already sold 2/3.
UPDATE 8)
may have a good buying opportunity now ;)
Stupid mistake.
I cannot believe what I did this morning. So I bought PRTL yesterday @ .98 and didn't sell since it closed above 1. I was going to wait and see what happens this morning. Well, the stock started going down and I put sell @ 1.06 to get out 100%.
A second after I clicked on submit I saw double amount of shares of PTRL in my portfolio!!
Actually, the default option is "buy" and I was in hurry putting the number of shares and the price and didn't change it.
Now I'm sweating in front of my computer since those funds are from the margin and I have a potential margin call. I really wish this thing goes up or I'll have to take a loss and I don't like it since now I have 19.000 shares of PRTL!!
I see some big sizes on the buy side on level II but that doesn't have to mean it's not going to go down.
What is your current assesment for PRTL for today elite?
Quote from: OneStockMind on September 14, 2005, 12:46:10 PM
Stupid mistake.
I cannot believe what I did this morning. So I bought PRTL yesterday @ .98 and didn't sell since it closed above 1. I was going to wait and see what happens this morning. Well, the stock started going down and I put sell @ 1.06 to get out 100%.
A second after I clicked on submit I saw double amount of shares of PTRL in my portfolio!!
Actually, the default option is "buy" and I was in hurry putting the number of shares and the price and didn't change it.
Now I'm sweating in front of my computer since those funds are from the margin and I have a potential margin call. I really wish this thing goes up or I'll have to take a loss and I don't like it since now I have 19.000 shares of PRTL!!
I see some big sizes on the buy side on level II but that doesn't have to mean it's not going to go down.
What is your current assesment for PRTL for today elite?
I wouldn't let
PRTL past .96~.97 again. A bottom may be in @ .95 so maybe it can make a push. You may want to start shedding shares if you are uncomfortable. Sell um when you can and not when you have to ;).
we may see a push in CPST before we hit the lunchtime doldrums.. otherwise I'm thinking it will just drift for a while, to continue on the warpath after lunch. 8)
I would like to hear a similar experience from somebody so I feel less stupid :D
CPSTdid some drift...now back to the warpath?
out of CPST
now looking @ DNDN
ahhright gotta try some DNDN in @ 6.85 >:D
maybe a run here at last hour of day
what...... did i hear a call for me....
its a bird, its a plane, its the world's dumbest-investor,
applaud. lol.
i did the same thing a few months ago with PRTL actually.
i called ameritrade. i thought something had to be wrong.
i offered to buy at like 15% above the current price when i was just putting a sell in.
i did it the night before.
i woke up and said hey --- i have more shares ---- DUH !!
Congrats rocket. Welcome to the club.. Well, it looks like it will cost me about $500 to remember next time..
DNDN update - showing triangular consolidation.. which way will she break? >:D I'm thinkin up, but got my stop just in case.
8) sold 2/3 @ 7
enjoying whatever else DNDN decides to give.
check out that triangle break :o
now thats how you daytrade, woohoo
Elite,
I'm not sure is this the right question but what amount of money/shares is worthwhile to trade 6.90 - 7.00. That's about 1.42% profit.
a bunch of shares ;) if the volume allows it..
when I daytrade i use 4:1 margin. ;)
the play was 6.85 -> 7.03
or 2.62% but x 4 = 10.5%
4 times the risk but 4 times the fun >:D but only when you got some experience under your belt. for me its 6yrs
Well... not a good day for me at all. Penalized with 5% loss instead of taking profit yesterday at close.. Then that damn buy/sell mistake...
I will keep following your trades and try to learn daytrading tricks as we go. Thanks for posting your moves. It really helps to understand the logic behind your trading.
I'll try to contribute something here..
I have two potential breakouts; Elite you tell me what do you think..
DCEL, breakout > $8.35, target $10.06.
LNG, breakout > $40.97, target $46
Quote from: OneStockMind on September 14, 2005, 04:57:51 PM
Well... not a good day for me at all. Penalized with 5% loss instead of taking profit yesterday at close.. Then that damn buy/sell mistake...
I will keep following your trades and try to learn daytrading tricks as we go. Thanks for posting your moves. It really helps to understand the logic behind your trading.
Hope your day goes better tomorrow OneStock.. It wasn't a trading error today just a silly execution mistake.. and you gotta have those every once in a while.
I was up bout 8.6% today and feelin in the zone. ;D
I'm flyin to Chicago tomorrow to visit a friend and check out the windy city 8) so I definately wont be able to post till Friday.. hmm I'm gonna have to learn to trade 1 hour behind :D
Good trading everybody :)
Quote from: OneStockMind on September 14, 2005, 06:10:16 PM
I'll try to contribute something here..
I have two potential breakouts; Elite you tell me what do you think..
DCEL, breakout > $8.35, target $10.06.
LNG, breakout > $40.97, target $46
Both of those look like great stocks OneStock. You might want to post that in <Stock Picking> board. This thread is for my infinite compound project ;)
take care.
DNDN...good pick....I didn't notice until after hours...looks like you should have held on roight now...but who knows by tommorrow. ;D
I have hit the wrong button before and nearly typed the wrong stock symbol once. I don't remember what it cost me if anything. But I was using Etrade not long after they started, and had some options nearing expiration...on JBL, when it was JBIL and flying...the options had quickly turned several hundred $ into about 10 thousand and there was some bad news at the open...I could not get their site to take a sell order and couldn't get through on the phone...and watched that money disappear in about a half hour. I suspected that alot of people were trying to sell JBL and some others that morning and the system was clogged...I filed a complaint, but they refused it...I don't use Etrade anymore, even though, such a conundrum could occur with any of them...but it was more likely then. Anyway....with humans, these things...mistakes... are commonplace. ;D
EliteG,
"Overall" I have noticed over the last few weeks that you sell a stock u have bought quite quickly. often staying in that stock no more than a day.... if even a day.
Dave Randolph, on the other hand, as i would characterize his trading, stays in a stock often for weeks as long as it is going UP or if it goes DOWN until it goes DOWN too much or returns to the UP path.
It is almost like you refuse to lose on a stock while Dave will take a loss. Dave's # of losses is more than the # of his gains. If one of your stocks goes down you will sell it very quickly.
As this is the Infinite Compund Project I am trying to understand your style of trading and thinking. It is almost like you win more often but smaller amounts and dave wins less often but bigger amounts. Is this correct?
-rocket8
note: i admire both styles. u guys win. :)
Hey EliteG
Take a look at my BUGS.ob thread or a look @ the chart
Potential G Pattern.
Ok G man, I need some schoolin here how did you know about dndn. Ive owned the stock for about three months, just because i knew it would be apporved, (ok speculated) sometime in the fall. The company sent me an email some where around 1 pm , so i added , but you picked up on it right away. Is it just involvement in the stock community, in play, crystal ball, do you talk with that guy in prison - the one who says hes from the future? Any way awsome job picking, ive learned so much from your posts and i know the rest of the gang has as well ;D ;D . Thanks for sticking around TonyG
Waiting on xoma for the g pattern
Elite
I'm new to this thread
could you summarize your strategy for this project (method of choosing the stocks and how you pick the buy and sell points)
TIA
Click on page 3 of this thread. There's also a summary in the "Potential G pattern picks" thread in one of the other areas of the board.
agatto2: That's not a G pattern. There's no outstanding volume behind the last breakout (it would have to be something like the breakout right after June 6.) I recommend reading the summary on G patterns that's at the beginning of this thread or on the Potential G patterns thread on the board.
cant count on my internet connection here in Chicago so I'll answer everybody's posts at another time.
I just bought some AVNC @ 2.38.. I see the potential for it to reach 4+ today on a previous gap fill and my stop is close by so the risk reard seems right ;)
i should add that 3 and 3.19 will be resistance points as well with 2.25 and 2 as support for AVNC :)
picked up some more AVNC 2.24 stoppin it all @ 1.99
and picked up MGAM @ 10.50 ;)
Was going to get back in PRTL this morning but was too scared from getting burned 2 days ago so I missed a nice morning run..
I swear my timing is terrible.
I read your post, and decided to buy, and had I bought literally 3 minutes later, I could have bought for 2.25 instead I bought for 2.44
I hate starting a trade off immediately with a loss, it is so discouraging!
I would think that it would close the gap @2.05 before it can continue up but that's not always the case so let's see.
where is that youngster eliteG? lol.
ASTM anyone?
just got back a few hours ago ;)
I'll be looking for something tomorrow and I'll get to all the questions by that time :)
Hi elite.
Glad to hear from you. How was your weekend? At least you could forget about trading for awhile or did you? :)
AVNC came back nicely today. DO you consider getting back in?
I got in PANC today but it looks like it might go down.. I'll wait and see but if it breaks that $11 level it might break out. I saw PANC on buyhigh (after I bought it).. I hate those pumping websites with unrealistic targets (they have target of $24 for PANC :).
BCON made a nice run in the last hour.
Looking forward to see your potential plays.
Quote from: rocket8 on September 15, 2005, 01:19:41 AM
EliteG,
"Overall" I have noticed over the last few weeks that you sell a stock u have bought quite quickly. often staying in that stock no more than a day.... if even a day.
Dave Randolph, on the other hand, as i would characterize his trading, stays in a stock often for weeks as long as it is going UP or if it goes DOWN until it goes DOWN too much or returns to the UP path.
It is almost like you refuse to lose on a stock while Dave will take a loss. Dave's # of losses is more than the # of his gains. If one of your stocks goes down you will sell it very quickly.
As this is the Infinite Compund Project I am trying to understand your style of trading and thinking. It is almost like you win more often but smaller amounts and dave wins less often but bigger amounts. Is this correct?
-rocket8
note: i admire both styles. u guys win. :)
Hey rocket, I think I change my trading style according to the market. If I have a strong conviction that a trend is starting I feel better holding the longer swing plays but as you see in the last couple of months the market has not shown a strong trend so I have been very quick about my plays. I also change my plan to a longer hold if the stock feels right like with BSM(went in Aug 31 and stayed till next day) which I originally thought would be a day trade.
Todays candle in the market was viscious.. I wonder if we now see a strong downtrend begin.
Quote from: setravis on September 15, 2005, 11:41:22 AM
Hey EliteG
Take a look at my BUGS.ob thread or a look @ the chart
Potential G Pattern.
hey SET, I dont think BUGS is done yet and if it crosses .07ish that would be a G-pattern. I think this chart could end up being HUGE.. we shall see ;)
Quote from: agatto2 on September 15, 2005, 03:29:27 PM
Ok G man, I need some schoolin here how did you know about dndn. Ive owned the stock for about three months, just because i knew it would be apporved, (ok speculated) sometime in the fall. The company sent me an email some where around 1 pm , so i added , but you picked up on it right away. Is it just involvement in the stock community, in play, crystal ball, do you talk with that guy in prison - the one who says hes from the future? Any way awsome job picking, ive learned so much from your posts and i know the rest of the gang has as well ;D ;D . Thanks for sticking around TonyG
yo agatto2, I been waitin on DNDN since UBS manipulated it down in July. So I noticed DNDN's intraday pattern and had to buy in.. interesting to see how she moves tomorrow. Thanks for the good words man ;) I've learned a bunch from everybody too. We have the best workplace don't we?
Quote from: agatto2 on September 15, 2005, 03:34:14 PM
Waiting on xoma for the g pattern
have to agree with irod..thats not a g-pattern on XOMA but a close above 2 may def prove interesting on that one.
Quote from: drexler on September 15, 2005, 11:48:50 PM
Elite
I'm new to this thread
could you summarize your strategy for this project (method of choosing the stocks and how you pick the buy and sell points)
TIA
not really :D you see I am using so many methods (I mean I even tried pre-earnings TA, G-pattern, day trading...) I am looking for what I feel is the best play in the market. I have tried so many times to summarize what I do but I have always felt it to be too confining(narrow). And I really enjoy the research and analysis aspect so I am constantly adapting to those results too. So I guess I am using TA to time the best moves in the market. I won't catch them all but you dont need to to make a whole heck of a lot ;)
Quote from: eliteG on September 16, 2005, 10:48:51 AM
picked up some more AVNC 2.24 stoppin it all @ 1.99
and picked up MGAM @ 10.50 ;)
those plays did not turn out to be nice daytrades but you cant win every time.. and you gotta make those losses as minimal as possible.. and you gotta trade with a reliable internet connection :D
Quote from: OneStockMind on September 16, 2005, 11:04:24 AM
Was going to get back in PRTL this morning but was too scared from getting burned 2 days ago so I missed a nice morning run..
it looks like it was good you stayed out of PRTL. Wonder if it will rebound here...
Quote from: Loffigus on September 16, 2005, 11:35:10 AM
I swear my timing is terrible.
I read your post, and decided to buy, and had I bought literally 3 minutes later, I could have bought for 2.25 instead I bought for 2.44
I hate starting a trade off immediately with a loss, it is so discouraging!
man AVNC sucked.. I hope it didnt go too bad Loffiqus. Yea starting off with a loss is never good.
Quote from: OneStockMind on September 20, 2005, 06:03:09 PM
Hi elite.
Glad to hear from you. How was your weekend? At least you could forget about trading for awhile or did you? :)
Hey onestock, thx it was a great long weekend. Let me tell you guys Chicago is a really nice city. Very alive and happening. Of interest to traders; I visited the Chicago Mercantile Exchange(CME) visitor center where they have this cool speculator/hedger game. I did so well trading lumber I'm thinking of switching to futures :D..
.. also got to see the Chicago Board of Trade building but they wouldn't let me in to the vistior center without a reservation... I was like "..but I'm eliteG.. with 3 Stocks On Fire".. Still no entry, lol.
..saw my brokerages headquarters right across from the Sears Tower. Had a drink on top of the Hancock building. Saw the biggest aquarium in the world (which is soon to be replaced by Atlanta's aquarium, HA!) and the LEGO store, yep. They have a Darth Vader and R2-D2, all life-sized, made out of LEGO'S. Saw where Trump is building the soon to be most expensive residential building in Chicago. And partied.. now I'm ready for trading. :)
welcome back. we missed u. ur last post was funny.
today i had 4 stock picks go up. i was only in 1 of them but i am always happy when i get things right. RITA, EGHT, RGEN, ASTM. EGHT is looking interesting. lots of new deals and press.
lately, i have noticed stocks go UP HIGH and then come DOWN in the same day. since you are daytrading i wonder if you notice that too ??? why is that happening?????
the two stocks i missed the last few months that hurt the most are AOB and HOM. i hate when you watch it go up, up, and up and never pull the trigger.
check out the volume on CNXT. its just fun to see that kind of volume. insanity. Cramer. damn popular tv show.
-rocket8
I've noticed it too. They always run up (the ones that do) at the beginning of the day ant almost always come back down later on, only to have quick runs up or down at the very end of the day. I'd love to see some statistics about buying stocks on the open and selling after 1 or 2 hours.
EliteG: About your trading technique, why didn't you just stick to G-plays? I never saw a single one go bad! Sounds to me like working only on those and compounding you could make some huge gains.
Quote from: rocket8 on September 21, 2005, 01:44:38 AM
welcome back. we missed u. ur last post was funny.
today i had 4 stock picks go up. i was only in 1 of them but i am always happy when i get things right. RITA, EGHT, RGEN, ASTM. EGHT is looking interesting. lots of new deals and press.
lately, i have noticed stocks go UP HIGH and then come DOWN in the same day. since you are daytrading i wonder if you notice that too ??? why is that happening?????
the two stocks i missed the last few months that hurt the most are AOB and HOM. i hate when you watch it go up, up, and up and never pull the trigger.
check out the volume on CNXT. its just fun to see that kind of volume. insanity. Cramer. damn popular tv show.
-rocket8
thx for the welcome back rocket, i missed the fire crew too. Interesting picks there.. I'm stayin away from EGHT.. i dont know it just feels heavy.
yea AOB and HOM are 2 stocks i feel I just let go by me. How dare they rise without me! >:(
Quotelately, i have noticed stocks go UP HIGH and then come DOWN in the same day. since you are daytrading i wonder if you notice that too ??? why is that happening?????
i havent noticed anything abnormal about it but maybe those particular stocks have a strong daytrading contigent in them and they sell out en masse near the end of the day.
Quote from: irod on September 21, 2005, 04:14:04 AM
EliteG: About your trading technique, why didn't you just stick to G-plays? I never saw a single one go bad! Sounds to me like working only on those and compounding you could make some huge gains.
hey irod, nothing works perfect.. I have seen some G-patterns not work out. There is a point where you refine your criteria on a pattern and a point where you have to say not everyone of these can work. But dont worry I'm looking for g-patterns ;)
hi elite g,
can you recommend any good books on day trading ?
i am just starting out and haven't tried it but i would love to go deeper.
thanks,
maxi
cant really think of a good book for daytrading but I'll try to find one.. most of the daily TA works on a tiny intra-day basis. If you have any specific thoughts let me know.
I recommend watching PQUE today if you want to learn about daytrading. I am having lots of fun both short and long(now) on it. :)
Is PQUE one of those G-patterns? What's the game plan on this one today?
not a g-pattern just lots of volume for intraday..
switched positions(long/short) on it 4 times now
long @ 10.74 on PQUE right now.. but ready to switch if need be
GEPT is another one today..
hmm GEPT doe slook interesting thx one stock ;)
still long on PQUE but the triangle break will decide its future..
tryin some FUEL here @ 4.13.. I see potential in this pattern(perhaps even for an overnight) and I guess I gotta try out some more energy related stocks.
PQUE broke the triangle upwards.. wonder how it will do with 11 this time around.. the shorts may get scared.. hmm
picked some more FUEL up @ 20ema 4.02.. hmm lets see if it can hang on
PQUE was repelled @ 10.95 and now looking for it to bounce back up or I gotta let it go.
decided to let go of both FUEL and PQUE.. lookin for some momo 8)
Elite,
Is it possible, and is there and advantage to holding both long and short positions at the same time in a stock?
not possible Loffigus..
gotta try some PQUE again long @ 10.77, i see some possibility in the chart. Lets see what shakes 8)
eliteg,
you purchase penny stocks for your compund project? to note a few, zenx has been on fire the last two days and might have been a no brainer based on news, wegi might be ready to move, pbls seems to be bouncing of bottoms. hal and sge are big caps that might get work. can check out options on thsese. what do these have in common, work after hurricanes. maybe there are more, but see potentials in these no?
Just an FYI G,
Cramer pumped pque last night with 2 others based on valuation of the buyout price of a similar company. PQUE was his #3 choice. His reasoning was that often stocks in the same field on a buyout go up, only to come down with in a few days. However, occasionally a buyout price is so LARGE that under valuation of similar companies must be examined. Apparently the buyout of the "similar company", which I can't think of the ticker symbol now, was a "head scratcher".
BTW, how high can AMEP go. David pulled out before they had a rig. This seems to change the equation drramitically. Agree? The PR's have been, "we bought a rig" and "the rig just arrived" and "the rig will be operational in 2-3 weeks. The next ones I would assume will be, "we'll start drilling this week", followed by "we started drilling today" followed by we produced this many barrels the first week, etc. etc. with all of that in mind, this would appear to be great risk reward territory.
Quote from: eliteG on September 21, 2005, 12:43:26 PM
gotta try some PQUE again long @ 10.77, i see some possibility in the chart. Lets see what shakes 8)
sold out of PQUE.. no love :D.. gotta recalibrate
Quote from: catrader on September 21, 2005, 12:50:25 PM
eliteg,
you purchase penny stocks for your compund project? to note a few, zenx has been on fire the last two days and might have been a no brainer based on news, wegi might be ready to move, pbls seems to be bouncing of bottoms. hal and sge are big caps that might get work. can check out options on thsese. what do these have in common, work after hurricanes. maybe there are more, but see potentials in these no?
I am upset I missed buying in ZENX yesterday... not sure if its still attractive WEGI also looks good hmm.. thx
Quote from: oicpecnoc on September 21, 2005, 01:23:37 PM
Just an FYI G,
Cramer pumped pque last night with 2 others based on valuation of the buyout price of a similar company. PQUE was his #3 choice. His reasoning was that often stocks in the same field on a buyout go up, only to come down with in a few days. However, occasionally a buyout price is so LARGE that under valuation of similar companies must be examined. Apparently the buyout of the "similar company", which I can't think of the ticker symbol now, was a "head scratcher".
BTW, how high can AMEP go. David pulled out before they had a rig. This seems to change the equation drramitically. Agree? The PR's have been, "we bought a rig" and "the rig just arrived" and "the rig will be operational in 2-3 weeks. The next ones I would assume will be, "we'll start drilling this week", followed by "we started drilling today" followed by we produced this many barrels the first week, etc. etc. with all of that in mind, this would appear to be great risk reward territory.
thx oicpecnoc, i knew about the PQUE cramer link but I was just trying some intraday patterns out. Some worked some didnt. Interesting thought on AMEP. I am thinking of buying in..just not sure when. ;)
FUEL is back.
G,
Just saw the stock picking pque thread. Sorry for the repeat info on cramerica, but the details of his reasoning were not mentioned, which I still find interesting on a pull back, if it ever comes.
As for AMEP, I have more than I will ever admit to, and since I watch it pretty closely I will just tell you that when the chair has been pulled on this in the past, it has been darn near impossible to escape on the way down if you want out. It rises steadily, and it falls quickly. Very frustrating. I am hoping the "future prospects" will in the short term will make it a little less volatile, but I am probably dreaming. If we assume the MMs have any level of control in this one, they seem to enjoy scaring the crap out you more than most, even for a penny stock. :D
Well I had to pick up some AMEPl after doing some analysis on it.
lets see what it gives us oicpecnoc >:D
I'm thinking AMEP is very set to rock technically and I'm looking for a great close and a strong rise tomorrow(maybe a gap?)
in @ .0355.. which was the high when I bought ;) now @ .037
8 million on the ask at .37
I swear if they would let this thing run who knows where it could hit, but somebody is determined to see it rise steadily.
Any thoughts on AVLN. Still have my original stake from the 3sof pick. 2nd time it has tested todays level recently. If it doesn't push through, next time it probablly will. Usually sees its better days in the second half of the year.
Good Luck as always.
I'm in at AMEP at .0357. Looks good
lets see if we can break .0370 guys. AMEP looking good. 8)
any projected targets? I'm working on mine.
Mine is 10 cents, but that is why I never make any money in this stupid game. ;D
Let me know what you come up with.
well I think we must see a gap up tomorrow with this crazy action. This baby has been waiting a while.
I was gonna say the gap will start @ .05 but we might hit that before close :o
perhaps .10 is not as far away as you think ;)
now thats a strong finish for AMEP :)
FUEL did awesome as well and a bunch of oil related companies did also so..
will everyone jump on the oil speed demon >:D tomorrow not wanting to be left behind? I'm thinkin so. Lets see what kind of gap we get and go from there.
good trading 8)
woule amep be a buy here after this run? the start of g?
Hey ELite I have a MoMo play for you. :o
GRDX!!!!!!!!!!!!!!!!!!!!
Quote from: eliteG on September 21, 2005, 10:50:10 AM
tryin some FUEL here @ 4.13.. I see potential in this pattern(perhaps even for an overnight) and I guess I gotta try out some more energy related stocks.
PQUE broke the triangle upwards.. wonder how it will do with 11 this time around.. the shorts may get scared.. hmm
man.. I wish I woulda hung on to FUEL as well.. closed @ 4.60 and now pre-market @ 5.36 and rising. :o
this should bode well for
AMEP ;)
Quote from: catrader on September 22, 2005, 01:44:23 AM
woule amep be a buy here after this run? the start of g?
I would say that AMEP is buyable today catrader..at least the 1st half of today if it doesnt run away. After that you would want to wait for a consolidation or a fall back to get in.
Quote from: higherstocks on September 22, 2005, 02:00:20 AM
Hey ELite I have a MoMo play for you. :o
GRDX!!!!!!!!!!!!!!!!!!!!
that pinky seems a bit dangerous higher. any other info? I'll keep an eye.
Good Morning G,
Do you have a plan on when to pull the rip cord on AMEP? Not that perfect timing is achieved often, I have just been mega early or mega late on the sell lately. Any thoughts would be appreciated. I am tempted, as always, to go for the ellusive "home run", as I was with hyrf and eyii.
its a great question.. I have to say that with AMEP I really like the potential in the chart.. I'll get a feel for the volume and price action today but theoretically we should motor on up. ;)
hi elite g,
what do you think about the action on fuel this morning?
thanks
maxi
AMEP should get a bounce from gap support and then ? >:D
Quote from: rickjust on September 22, 2005, 09:46:23 AM
hi elite g,
what do you think about the action on fuel this morning?
thanks
maxi
FUEL had a nice gap and then a great fade (gap and crap but not a full crap since it has not closed the gap) I wouldn't look to go long on this FUEL today unless it attacks the highs again. 8)
here we go 5 cents here we go, woof woof :o
looking good.. everybody wants some AMEP and nobody is giving it out ;)
eliteg,
any oil and natural gas big caps in your radar with not too much gulf exposure and good prospects to look at options? your thoughts always looked into for ideas.
Quote from: catrader on September 22, 2005, 10:22:33 AM
elieg,
any oil and natural gas big caps in your radar with not too much gulf exposure and good prospects to look at options? your thoughts always looked into for ideas.
nothin on the radar as of now.. glad you got in
AMEP. .05 is a natural resistance point so lets see the quality of this pullback.. so far so good. ;)
zenx still on fire and wegi maybe consolidating. guess has not moved as much because of no news of contracts like zenx.
lets see what happens when they meet ;)
support in case we need it.. its also a fibonaccie retracement zone 8)
AMEP 5-min chart update:
looks like AMEP is getting support at the 20 ema, can it use it to bust out of the flag? i think so, lets see ;)
AMEP 5-min chart update:
broke out of the flag, now we have to deal with the supply corridor :D, a 5min close above .049 is verybullish, imo
AMEP 5-min chart update:
if we cross the high it will be a intraday G-pattern breakout, then it will be time to go nutz >:D
O.K.....
sorry for the question(s)...if one were thinking of adding to a position at this juncture....would you prefer to wait for the break above the high, or go ahead in at this time ?
(Long since .019)
TYIA
RJ
not really sure RJ.. maybe wait for a volume swell, the 20 ema.. but then you also risk not getting in if it does run.. but it may be the safest. Maybe another entry will spring up. A g-spot breakout I dont believe will hang around.. it'll just go. 8)
Just a thought. I consider myself to be a very small time player, and I have 650,000 shares. If there are only 302 million, consider how many actual shares are actually changing hands. Fewer and fewer by the minute. Eventually, the trading could turn in to "swinging for the fences mentality", or more people holding than trading. Think about the spike when that happens.
sounds good to me oic ;) I guess thats what we are kinda waiting on.. the crazy excitement, so far very organized as indicated on my 5min charts. Also I think some people are waiting on good news, who knows that may be out soon.
Ameritrade website is currently down and I cannot create trade triggers... I have to leave for 1/2 hour and all kinds of things can happen in the meantime. You can nicely control the game with trade triggers when you can actually USE THEM! Uuugghhh!
I hope I am wrong about your analysis of news, but I don't think there is any imminent news today or the in the next few days. The PR said it takes 3 weeks to get the rig up and running. I am not sure they could put anything out in the next few days more exciting than that, but boy would I love to be wrong. I also love the orderly nature of this climb at this time. The selling is so minimal. I am going to re-evaluate at .08, not until. If you here squealing its me being the pig that I always am. :D
Holy Crap, 3 900,000 share blocks at .05
looks like a solid break of .05 oic ;D now if we can beat .0515 (and .0520 might be a lil tough) i think we run at least for a bit.
Are you bailing before .08?
I actually like that target(it may be a bit conservative even) but I always sell in pieces. I have sold a 1/4 @ 5cents ;)
AMEP_MM IS OUT!
There will be enough time to load it up in low .04s!
Happy trading everyone!
Thanks. I kind of have a theory right now that what we are seeing is a few attempts by MM's to see if they can induce a quick sell off. When it stalls, they say, "forget it" and just start munching again.
if that candle (sorta a star doji high wave mmmbobber) is broken.. man i consider that very bullish >:D
I hate discipline, but I appreciate your lead, and I took 100k shares off the table at .0535
Even if it sails from here, it was the right thing to do. Thanks for letting me ride your coat tails.
gotta feed the ducks oic ;)
here is some support lines and our current channel
I took half out when i reached 100% profit! and took out the rest at 150%. It's always a good idea to leave some at the table for others! ;D
There will be profit taking before the close be careful!
we will watchout for profit taking
here is AMEP's support
-20ema, and a bunch oh horizontal lines
and let me tell you on lvl 2 this one has got strong bids.. lets rock! 8)
Probably right AMEP, I am so schizo, I just took another 100k shares off at .055
We will see if I regret it.
i dont get that oic? how can you regret that you protected profits? I think to stay alive in this game you gotta do that EVERY single play. I believe in much higher prices but my beliefs dont count for diddly squat. The market decides what to give and I take.
well AMEP is a power house.. another breakout!
Me too, out at 0.0555 ;D
Shouldn't have, now at 0.0584
But....it was fun!
I know... everybody is focused on AMEP right now but it looks like FUEL is going to close the gap. Is that a good entry point or FUEL is done for now?
Elite,
I want to know if that "MMMBOBBER" candle is good and broke now :D >:D
RJ
Quote from: OneStockMind on September 22, 2005, 01:26:20 PM
I know... everybody is focused on AMEP right now but it looks like FUEL is going to close the gap. Is that a good entry point or FUEL is done for now?
maybe but I would wait for a set pattern to form or wait till tomorrow
ok we punctured .0555 lets see if AMEP can find support @ .0515 ~ .05 or higher(thats why we sell partial)
Quote from: RJ on September 22, 2005, 01:35:08 PM
Elite,
I want to know if that "MMMBOBBER" candle is good and broke now :D >:D
RJ
are you on delayed charts? we broke it upwards a while ago.. lets see if it can act as support now ;)
5.20ish also comes up as strong fibonacci support 8)
The reason you don't get it is what makes you good at this and what makes me horrible at it. ;D As an example, you see this pull back now, and you don't even consider getting back in. I see it, and I say, "you can get those shares back on the pull back." I have way too much of a romance with finding that one stock that will just go straight up and make retirement simpler. As I speak, I see the pause that and I think it is following the pattern of the day before it goes up, and then before I finish typing it drops below my sells. I just become very double minded about the whole process.
Quote from: oicpecnoc on September 22, 2005, 01:43:23 PM
The reason you don't get it is what makes you good at this and what makes me horrible at it. ;D As an example, you see this pull back now, and you don't even consider getting back in. I see it, and I say, "you can get those shares back on the pull back." I have way too much of a romance with finding that one stock that will just go straight up and make retirement simpler. As I speak, I see the pause that and I think it is following the pattern of the day before it goes up, and then before I finish typing it drops below my sells. I just become very double minded about the whole process.
hey you did good today oic ;) its easier to be objective when you mess with all this TA :D
the fib charts:
It looks like everything is going as predicted! :o ::) ;D ;D
As i said opportunity to load up in low 4s...
i doubt we will see low 4s AMEP_MM, we have nice support here @ 5 cents at @ mid .04
you gotta remember this is not a yahoo board, backup what you say and I wouldn't smile about a stock going down on a thread where I know people are holding long.. that just pisses me off
eliteg,
does wegi look like consolidation before breakout to you? ran from 0.38 this week so not sure.
nope on WEGI catrader.. consolidation needs tiny price action, this one is booking and its hard to pick a safespot.. it is coming up on its g-spot but I'll just watch it.
;)
once again 5.20 is the barrier
Regret the applaud button was cancelled.
Want to send you many applauds for your today's TA and teaching on AMEP.OB
it's a pleasure to read all your comments and guidelines which are great specially for
people like me which have a lot to learn.
Jorgegr
what about rgmi? is it in g3? spread is considerable though 0.75 x0.82
With this action and volume do you expect AMEP EOD run?
If it doesn't run then a seloff I suppose.
Quote from: jorgegr on September 22, 2005, 02:45:14 PM
Regret the applaud button was cancelled.
Want to send you many applauds for your today's TA and teaching on AMEP.OB
it's a pleasure to read all your comments and guidelines which are great specially for
people like me which have a lot to learn.
Jorgegr
thx jorgegr, :) means a lot.. did not notice applaud/smite was gone you sure?
Quote from: catrader on September 22, 2005, 02:45:53 PM
what about rgmi? is it in g3? spread is considerable though 0.75 x0.82
cant bring up RGMI?
Quote from: OneStockMind on September 22, 2005, 02:50:03 PM
With this action and volume do you expect AMEP EOD run?
If it doesn't run then a selloff I suppose.
we'll see
just noticed this on the wider 5 min, a possible head and shoulders top.. but a break of .052 would be bullish 8)
allright I'm thinking AMEP is looking good for a run till close but I will probably hold what I have left and see what she gives us tomorrow. I like the daily chart which I will post after close.
AMEP just seems underpriced and the technicals are backing it up, imo.
Good trading. 8) (woo there she goes!)
What's up with that GNET with size 999 that's constantly moving up as the price moves up?
Somebody trying to slow down the PPS advance?
i noticed that, dont know what to make of it but it doesnt matter this one is moving through
heres the daily chart:
I put a little bit into PFCE instead... ;D
Now the last 3 hours on the chart look like inverted head and shoulders.
man we are lookin awesome >:D
This is great!
999 GNET is back... now I really believe this is to pace the PPS..
if we cant stay in the channel we got .052 as support
today is all about tomorrow(the 3rd bar rise) ;)
EliteG I made 26% on PFCE in ½ hour! It's up 160% today ;D
what is 999 gnet?
maxi
Quote from: cumulina on September 22, 2005, 03:53:53 PM
EliteG I made 26% on PFCE in ½ hour! It's up 160% today ;D
something happened @ 3pm on that one today.. great play cumulina :) I think its gotta a lot of zoom for tomorrow too
Quote from: rickjust on September 22, 2005, 03:54:28 PM
what is 999 gnet?
maxi
a market maker you can see on lvl2
Yep.. the news is out for PFCE
http://biz.yahoo.com/bw/050922/225766.html?.v=1
so this is what the final intraday charts look like, possibly bullish, possibly bearish depending on action tomorrow
and the daily.. thats what i see..
good trading everybody 8)
WOW Elite!! You are amazing at this technical stuff ;D ;D ;D...you freak me out..dead on!!!
I love how you explain things..simple enough for novices like me who barley know anything about technical..or fundamental stuff for that matter..i learn alot reading your posts..your play by play is very helpful...and u try to answer everyones questions...so that means ur not only brilliant..but a polite sweetheart too ;)
I'm so impressed by your technical abilities...truly WOW factor you got going on there ;D ;D
I, of course had to give u an applause and will do another one in about an hour for some of the newer members who want to applaud you , but can't because they now have to post 50 times before they can applaud or smite..the privledge was revoked to new members as a couple of weeks ago there was some joker who kept smiting several members on the hour just to create some havo..so David changed it.
Well..i sold my amep at .055..but since you say it may continue to do well i may re-enter tomorrow..i will watch for your posts.
Thanks again elite for all your excellent work!!! please keep it up...we appreciate it ;D ;D
julia
have a great evening ;)
I applaud too...I knew AMEP was going up today, but this much surprized me. Keep up the good work Elite...and teach this old dog some tricks. ;D
Elite, none of us can thank you enough for sharing your technical expertise and patience for all of our questions. I hope you will stick around this board.
I like today's action on AMEP. I initially got in at 0.047 and later at 0.0535 so my average is now 0.05. I hope phase 3 works out tomorrow.. if it does I'll be very happy.
Question: If it doesn't gap up in the morning how do you know that everything is still under control? I suppose it shouldn't break the support at 0.052.
I hope that bearish head and shoulders formation doesn't complete tomorrow :)
Gmarc,
Please applaud Elite for me...I am actually going to print out this thread and study :o....there are some incredible / educational / valuable charts in this thread today :-X....Thank you Elite for all your time and effort as always,
RJ
Thanks everybody, you guys rock! ;D... all the skill in the world doesnt really mean a thing if you dont get to share the experience. All your comments and questions help me figure this stuff out too and keep me in line. ;)
Lets see what AMEP has in store for us tomorrow 8)
BTW...just a side note...I just saw where the guy, a senior college student I believe, who turned $5000 into $300000 in 3-4 weeks with some doubles and at least one 10 bagger, and had all that in JPHC and MMIC and was up a bunch there, sold those and bought AMEP yesterdayafternoon. He seems to be betting the house and going for a million $ as fast he can get it. I would guess he had at least $600000, give or take $100000, to put in AMEP...don't know what his target is yet, but when he sells, may give the price a pause...he may already be out. If I find out I'll post it.His selling did run down JPHC and MMIC a bit. He's just been on a roll and seems a bit out of control. :o I may try loosing control someday like that. ;D
I just found this board (others probably saw it before) that also follows penny stocks and posts technical analysis on them.
They are looking at AMEP and here's what the moderator thinks for tomorrow:
http://www.stockhideout.com/showpost.php?p=6083&postcount=1
I hope that "retrace soon" doesn't mean tomorrow before it makes a huge move.
I get the pullback thesis and I receive the stockhideout email, but in this case .03 would really seem unlikely given the Hurricane, gas prices, and upcoming drilling news.
JMHO
I was looking at the intraday chart for AMEP this morning and this is something else I saw. What you see is a symmetrical triangle which is usually a continuation pattern. If it "continues" the previous trend that would be up. :)
I drew a horizontal line at the top and bottom of this triangle as well to show a possible bounce zone or if broken a very strong trend zone.
Lets see if AMEP gives us a gap.
8)
so lets see if we can bounce and beat the head and shoulders break ;)
hhhmm, .047 , is this a good entry point?
maxi
Now, looking at the chart even if it goes up significantly.. would that still be a G-pattern?
I mean, usually the 3rd bar doesn't go in half the body of the second one, right?
BTW, MSGI has a MAJOR breakout..
Quote from: OneStockMind on September 23, 2005, 10:08:15 AM
Now, looking at the chart even if it goes up significantly.. would that still be a G-pattern?
I mean, usually the 3rd bar doesn't go in half the body of the second one, right?
its the daily G that is most important(that one is very much intact).. 8)
Quote from: rickjust on September 23, 2005, 10:00:52 AM
hhhmm, .047 , is this a good entry point?
maxi
think so.. just put in a nice stop maxi ;)
thanks,
it just hit my buy price,
max
I'm trying out some NVTL long right now for a daytrade. It just broke out on the daily chart and has a nice intraday formation.
well i got knocked out of NVTL.. i swear they were gunning for me >:(
AMEP is hanging around. Lets see if it canbuild something off of .046 bottom.
Dont tell me I didnt tell you yesterday! >:(
AMEP as a nice ascending trend line from 3 days ago, this could be the support IMHO
Any comments?
AMEP broke the .046 bottom, which really activates the head and shoulders pattern. The question now is will it jump right back creating a fakeout? or will AMEP stay down. I'm sticking with the shares I have left(which is 40% of my original position, sold 60% yesterday).
Quote from: phabrux on September 23, 2005, 11:08:33 AM
AMEP as a nice ascending trend line from 3 days ago, this could be the support IMHO
Any comments?
I'll check into that ;)
Elite technicals only stand correct up to a point. Beyond that there is valuation that drives a stock. As you can tell from my signiture I think AMEP is worth $30 Mil. But nothing can go straight up.
I still think AMEP in long term will cross 10 cents. But there needs to be some kind of news about the rig becoming operational. Dont solely base your judements on technicals.
just my 2 cents! :-X
Listen, AMEP_MM people need to post their reasons for what they say or you end up having no integrity. You just posted a reason thats great but yesterday you did not.
Technicals told me that the probability that this stock would be in the low 4s yesterday was baloney. Technicals showed the possibility of a downward move today due to the triangle break and the head and shoulders top. Thats up there for the record. Technicals don't show everything but they nailed every single move on this one.
my 3.5 cents! :-X
AMEP Resistance line from tree day ago could serve as support level, 0,0405$ Maybee?
I said there will be opportunity to load up in low 4s. I didnt say it will be on Sept.22nd. I said sell off before close on thursday or from the open on friday.
Anyways that doesnt matter. I hope everyone makes moeny here. If anyone here happened to have bought this above the current levels you just need to wait a bit longer. It's just a matter of time.
I will be back I just dont know when yet!
Quote from: phabrux on September 23, 2005, 11:33:48 AM
AMEP Resistance line from tree day ago could serve as support level, 0,0405$ Maybee?
looks good to me phab ;) applaud
Thanks EliteG for your virtual applaud! Lol
Would you find the confidence in AMEP to load more if it reach the support line(0,0455$) from 3days ago or are you waiting for others levels to hold before loading more $$$$?
AMEP_MM,
I don't want to sound like I'm taking sides but I think eliteG has a point as far as communicating on this board.
Your comment yesterday indeed resembles Yahoo boards which I, and I believe most of us hate and that's the reason we are here. I believe "I told you so!", "It's going down!!!!" and "BRAAAAHAAAAAA" comments are not welcome here. That's why Yahoo boards are out there.
EliteG can also say "I told you so" if this stock takes off later today and if it doesn't then everybody will be quiet. We are trying to figure out technicals here and sometimes it works, sometimes it doesn't.
I wish everybody who's currently long a lot of luck (including myself). It's not fun watching your stock going down (unless you are a shortie).
AMEP_MM,
I don't want to sound like I'm taking sides but I think eliteG has a point as far as communicating on this board.
Your comment yesterday indeed resembles Yahoo boards which I, and I believe most of us hate and that's the reason we are here. I believe "I told you so!", "It's going down!!!!" and "BRAAAAHAAAAAA" comments are not welcome here. That's why Yahoo boards are out there.
thanks one stockmind,
i appluad you. we all want to win and i believe we can continue being helpful to eachother without reverting to i told you so's. sometimes you're are right , sometimes wrong.
fundamentals work and tech analysis works so let's utilize both for the common good of everyone on this board.
thanks
maxi
I see AMEP__MM is incresing its smites from 11 to 16 now (none from those
that dont usually write, like me, because we have not reached 50 messages even
though I am an honour member)
I agree with those that have preceeded my comment and hope the administrator
won't have to ban this mermber like a previous one some weeks ago
jorgegr
eyii is running, maybe news out soon?
Put AVNC on your radar. Might bottomed out.
well I think I may have a good one here in MBAH. Bought in @ 0.032. Please do your own DD but my TA says we may get a nice move. :)
Have to thank Julia for making me do the TA on this(applaud): ;D
http://www.3stocksonfire.org/trading/index.php?topic=2828.msg22764#msg22764
I know my reputation on this board is not very good and i sound like a phoney MM but I have been making the right calls.
Take a look at EPYH.OB! Hurircane play!!! I got in at .012!
lets see if AMEP can get over .046
AMEP,
I feel obligated to get back to you since I directed my post to you even though this is not my board.
I don't think anybody is attacking you here and I hope you don't feel that way. Your reputation is not bad unless you do/say something really wrong. It's the way you communicate.
If you have an opinion you are free to post it and it will be respected. If you think a stock is going down say it and explain why do you think so. You are not a hero if you are 100% right all the time. But if you share your ideas with others in a nice manner, like eliteG, you just might be.
Wish you luck in trading and to be a creative member of this board.
Elite -- GRYF may be awakening ... up from .0001 to .0005 today, with a high of the day at .01. Haven't found any recent news on it yet. Maybe you have some sources ?
Quote from: twodachsiemom on September 23, 2005, 02:04:15 PM
Elite -- GRYF may be awakening ... up from .0001 to .0005 today, with a high of the day at .01. Haven't found any recent news on it yet. Maybe you have some sources ?
low volume for its awakening.. may signal something next week but I think its best to wait for some major volume on GRYF. 8)
Quote from: OneStockMind on September 23, 2005, 02:01:14 PM
AMEP,
I feel obligated to get back to you since I directed my post to you even though this is not my board.
I don't think anybody is attacking you here and I hope you don't feel that way. Your reputation is not bad unless you do/say something really wrong. It's the way you communicate.
If you have an opinion you are free to post it and it will be respected. If you think a stock is going down say it and explain why do you think so. You are not a hero if you are 100% right all the time. But if you share your ideas with others in a nice manner, like eliteG, you just might be.
Wish you luck in trading and to be a creative member of this board.
Thanks I will try my best!
would you say too risky to go into epyh right now at 0.0259?
Quote from: catrader on September 23, 2005, 02:48:13 PM
would you say too risky to go into epyh right now at 0.0259?
too risky, imo, because late in the day Friday.. potential for profit taking pullback is high. It can definately contiue to run but I wont look at it till Monday. Goodluck 8)
Quote from: catrader on September 23, 2005, 02:48:13 PM
would you say too risky to go into epyh right now at 0.0259?
To be quite honest with you EPYH management Robert Lee says a lot of things. Fundamentally thinking EPYH has yet to prove it has any real assets but momentum and the hurricane situation in Texas could send this above its previous highs.
So i say invest a small money! Dont throw a lot in there.
late friday afternoon weekend coming ,
relax, take the rest of the day off..lol....
there is always monday
MY $2 worth is friday profit taking will run it down from here...also see it in a pump/dump elsewhere...so I'd be careful with it up like this on a friday.
I sort of agree...There could be profit taking!
that last post was for catrader,,,,,,,,,,,about epyh,
thanks
maxi
p.s. i sent an appluase to amep for his last response on to onestockmind ,,,,,,,,,,hope you stick around here. it is the best trading room,
ok take advise, off for the day. hope all have a good weekend and let's hope Rita doesn't do too much damage.
one hour left on amep. semms to be in a holding pattern around .043. anything left for today?
thanks
maxi
AMEP...you better take your double and RFTD. ;D
My position ( in EPYH.OB) is so small i can stay in for the weekend and sleep happily! I think the better part of the run will come on monday when news is out for damages done by Rita!
If I was in AMEP at around .04 here, I'd hold it for monday...at least some....oil/gas will be going north all weekend...and AMEP has held this level well and may pop on monday. jmho
Well.. I have to conclude my week as "very dissapointing" as far as my day trading goes.
3 of the stocks I got in this week (AMEP, AVNC, PANC) ended up 15-20% down.
It was supposed to be a daytrade but each of those went down adn I was hoping for a bounce. That's how my day trades become long term :)
I can just hope for a better week (next week I hope).
have a good weekend everybody 8)
relax so we can kick some ass next week >:D
Hey G,
I owned some shares in EPYH that I could have taken a double on at .05, but I still owned them all down to .0088. Same old dreams. Saw the volume today and picked up an additional 200k shares and sold them at .023 and kept my original stake. I would never have sold them if I had not learned some lessons from you. Would still have my head in the clouds. Kudos to you.
These were the best 3 days of trading for the year for me, even wtih the amep pullback. Even my GRYF woke up, which I had already kissed those shares goodbye.
Have a great weekend.
Elite,
I assume you are still holding your AMEP shares you had left from yesterday?
Hey RJ!!
I did applaud Eliteg on your behalf :D
have a great day!
julia
Quote from: oicpecnoc on September 23, 2005, 04:19:03 PM
Hey G,
I owned some shares in EPYH that I could have taken a double on at .05, but I still owned them all down to .0088. Same old dreams. Saw the volume today and picked up an additional 200k shares and sold them at .023 and kept my original stake. I would never have sold them if I had not learned some lessons from you. Would still have my head in the clouds. Kudos to you.
These were the best 3 days of trading for the year for me, even wtih the amep pullback. Even my GRYF woke up, which I had already kissed those shares goodbye.
Have a great weekend.
best 3 days of trading! thats awesome oic!
Quote from: OneStockMind on September 23, 2005, 05:39:00 PM
Elite,
I assume you are still holding your AMEP shares you had left from yesterday?
yea, I'm thinkin
AMEP might continue its run next week.. I dont usually hold a penny that long but it feels ok since I sold 60% already. What I'm excited about is the potential for
MBAH. If I am correct then this could be the beginning of a powerful move.
Quote from: gmarc66 on September 23, 2005, 10:46:51 PM
Hey RJ!!
I did applaud Eliteg on your behalf :D
have a great day!
julia
thanks julia and RJ :)
Quote from: OneStockMind on September 23, 2005, 03:49:07 PM
Well.. I have to conclude my week as "very dissapointing" as far as my day trading goes.
3 of the stocks I got in this week (AMEP, AVNC, PANC) ended up 15-20% down.
It was supposed to be a daytrade but each of those went down adn I was hoping for a bounce. That's how my day trades become long term :)
I can just hope for a better week (next week I hope).
hi,
i am holding amep as well. the chart looks good and i think .04 will hold. any help here on the ta for next week would be helpful.
got in at. 047, and the night before at .052 so not a great day. gonna hold em now and see how it shakes next week .
thanks,
maxi
hi,
to elite g , thanks for all your work.
i asume the g pattern has broken down for amep . is this correct or is there still room for this to occur
thanks,
maxi
Quote from: rickjust on September 24, 2005, 10:57:50 AM
hi,
to elite g , thanks for all your work.
i asume the g pattern has broken down for amep . is this correct or is there still room for this to occur
thanks,
maxi
your welcome rickjust :)
G-pattern is still in play unless we break .03 but it may be that another one is setting up, and yes thats something to be excited about :o I'll get a chart up this weekend that shows that ;)
Quote from: gmarc66 on September 23, 2005, 10:46:51 PM
Hey RJ!!
I did applaud Eliteg on your behalf :D
have a great day!
julia
Thanks Julia !! ;D
RJ
hi,
thanks e.g , just looked at the daily candlestick for amep . bearish engulfing pattern. ?
maxi
Quote from: rickjust on September 24, 2005, 11:29:54 AM
hi,
thanks e.g , just looked at the daily candlestick for amep . bearish engulfing pattern. ?
maxi
Rick,
From what little I understand, the daily candle is engulfing, but the definition is not clear at that point. It states that the term "bullish" if it is in an uptrend, and "bearish" in a downtrend. Help me out...AMEP has been in an uptrend, and this candle confirms a bearish reversal?? Sorry for such a stupid question, but I gotta learn... ;) :)
RJ
hi,
thanks for your reply rj.
my limited understanding is that eventhough amep is in an intermedaite uptrend the daily chart would suggest a retracement . it might only be for a day or two before it resumes it's uptrend
does this sound right ? just learning myself so i don't have anything definitive
thanks
maxi
The candlestick pattern is a Bearish Engulfing pattern as you mentioned, RJ. It is not necessarily a reversal pattern but will be considered a stronger indication of one (confirmed) if Monday closes down also. If Monday closes up then the pattern was false and you would look to other patterns forming in the following days to determine direction.
Quote from: basonista on September 24, 2005, 03:58:35 PM
The candlestick pattern is a Bearish Engulfing pattern as you mentioned, RJ. It is not necessarily a reversal pattern but will be considered a stronger indication of one (confirmed) if Monday closes down also. If Monday closes up then the pattern was false and you would look to other patterns forming in the following days to determine direction.
great explanation ;) (applaud)
This the momentum penny game and I dont think
AMEP is done yet 8)
Hey Eliteg....since you mentioned MBAH in this thread , I thought I would throw in the link here for MBAH's thread started in pennystock picking so others can easily check it out.
Also, there was news on Friday for MBAH...i included in the thread, check it out.
http://www.3stocksonfire.org/trading/index.php?topic=2828.0
hope you're having a great weekend ;D
julia
Quote from: basonista on September 24, 2005, 03:58:35 PM
The candlestick pattern is a Bearish Engulfing pattern as you mentioned, RJ. It is not necessarily a reversal pattern but will be considered a stronger indication of one (confirmed) if Monday closes down also. If Monday closes up then the pattern was false and you would look to other patterns forming in the following days to determine direction.
Thank you basonista and Elite. I see your point on the confirmation day needed after a pattern appears, or starts to form. I bought HYRF at the "golden cross (.19 "/-) and that is one that Setravis brought to light. Also, thank you David for your earlier response on the "hammer". I have learned much this week. You guys are incredible. May you have a great weekend....!
RJ.
EPYH!
MBAH looks like its settng up to rock.. up 14%
I really feel it is just the beginning on that one.
AMEP showing early pressure. I sold half at the open and will let it all go if the stock makes a new low today.
OK G, time for me to learn something today. When a penny with heavy mm play like amep begins to creep up like we are seeing on lower volume than in the past, is it a sign that they
have accumulated all they want, and are ready to leave it alone and let it ride? I don't know, but the price has been held back under much heavier volume than this, so I can't figure out why they woud let this go.
I'm upset with myself.. let AMEP go @ .042 because I cant watch the market as much as I want to today. Have to go see the Doc. My throat is killin me. Looks interesting here.. not sure how to play it.
Happy with MBAH.. and will be holding it for a while. ;)
Good trading today everyone :)
Quote from: eliteG on September 26, 2005, 11:37:34 AM
I'm upset with myself.. let AMEP go @ .042 because I cant watch the market as much as I want to today. Have to go see the Doc. My throat is killin me. Looks interesting here.. not sure how to play it.
Happy with MBAH.. and will be holding it for a while. ;)
Good trading today everyone :)
eliteg,
take care of yourself and get better soon. drink lots of fluids, vitamin c and zinc lonzenges.
Get well G, but it is comforting to see you have regrets sometimes like all the other "mortal" traders. :D
My opiinion: The buy price before the next PR for amep has been set at .046 to .048
I base it on the lack of volume "comparitavely speaking" and the lack of attempt to knock it down at this level.
Hey, eliteg....too bad...hope u feel better soon.
Gargle with listerine to keep your throat free of bacteria, will help speed up recovery and usualyy helps take a bit of the sting out..does for me anyway.
get some rest...we want you 'Strong like Bull' :D
take care buddy!
julia
One "get well" from me too.
It's amazing how many times you can regret either not selling or selling too soon.
I held KONG for more than 6 months and finally just got tired of it and sold to break even (10.5). SOon after that it started going up and now it's over $13. All I can say is SOB!
Now I'm so mad I'd short it but I won't cause I just don't short..
AMEP looks good at the moment. Hopefully we'll see a nice G soon. I'm also in two pharma stocks - AVNC and PANC. Anybody knows these companies and any technical analysis on these two?
I bought ABAH with the money from AMEP.
I was somewhat upset when I saw AMEP in my mid-day checkup, but I have faith ABAH will be worth it.
omni might be one to watch? 3.88 +.0.84 on fema contract news, rebuild superdome, and some other work. in some at 3.94.
thx for the get wells and the advice.. ;)
-there goes AMEP..geez
-MBAH.ob @ high of day so cant complain :)
-HYRF - I decided its time to rock and roll again maybe tomorrow so I bought in 8)
Hi, EliteG. You survived the doctor ;D
Rum is one of the most pleasent things you can fight a cold with... ;)...it does not help or cure anything, but will make things a bit less miserable!
You once recommended NVAS to me...check it out again, up about 30% today.
Cheers!
Elite,
AMEP....looks pretty solid ..... well into the upper part of Fridays candle >:D
see...I really did pay attention
Thank you
...(gargle with warm salt water...then 2 shots of Glenfiddich ;D...get better soon)
RJ
Quote from: cumulina on September 26, 2005, 03:44:55 PM
Hi, EliteG. You survived the doctor ;D
Rum is one of the most pleasent things you can fight a cold with... ;)...it does not help or cure anything, but will make things a bit less miserable!
You once recommended NVAS to me...check it out again, up about 30% today.
Cheers!
didnt make it to the doc.. maybe tomorrow.. the market is a magnet
NVAS is interesting but I'll just watch for now. See if something sets up tomorrow.
thx :)
Quote from: RJ on September 26, 2005, 03:49:41 PM
Elite,
AMEP....looks pretty solid ..... well into the upper part of Fridays candle >:D
see...I really did pay attention
Thank you
...(gargle with warm salt water...then 2 shots of Glenfiddich ;D...get better soon)
RJ
lol yea AMEP looking good RJ, thx for the advice 8)
wow,
left for work this morning very dissapointed with amep goin'south and came home to a pleasant suprise!
haven't seen the chart yet but i hope this rocks on!
thanks,
maxi
Updated the MBAH board with my latest thoughts on it:
http://www.3stocksonfire.org/trading/index.php?topic=2828.new#new
It could be a very interesting day for AMEP with that close but as I stated yesterday I dont own any.. bo, may have to rememdy that.
Speaking of remedies I do plan on making it to the doctor today. Thx Julia, Listerine was a lifesaver. :)
And HYRF may be set to rock today. I bought in before close yesterday.
Other than that I think NVAS's performance today and this week will be important to watch. MEMY(a new 3SOF pick) may be set to rock here.
Goodtrading today 8)
I got in HYRF yesterday at the close @ 0.8.
My thinking is if it can break it's high of 1.06 then it's worth holding or even adding more but if it stops there then maybe good old "sell at resistance buy at confirmed support".
Quote from: OneStockMind on September 27, 2005, 03:24:44 PM
I got in HYRF yesterday at the close @ 0.8.
My thinking is if it can break it's high of 1.06 then it's worth holding or even adding more but if it stops there then maybe good old "sell at resistance buy at confirmed support".
I got in
HYRF yesterday @ about .78 and I will not be selling here @ 1. I think the chart pattern has only begun and shows lots of support if something turns rotten. I think it may continue zooming tomorrow as well. Even thinking about adding here under 1 8) ;)
Thanks Elite.
I have AVNC and PANC and both are down. I'm thinking to sell one of those and add to HYRF.
Do you think that's better idea than to wait for one of these to go up?
Quote from: OneStockMind on September 27, 2005, 03:48:46 PM
Thanks Elite.
I have AVNC and PANC and both are down. I'm thinking to sell one of those and add to HYRF.
Do you think that's better idea than to wait for one of these to go up?
I'm biased on that because I hate waiting for things to come back up. With
HYRF we have some traders selling the "news" and selling because we have reached a major "psych" level at $1. But the chart shows strong support from those hammers we jumped from. Volume is not climax which can show the end of a run.
I really feel good about holding my HYRF and I got to add @ .94 and feel good about that too.
Just noticed this pink sheet G-pattern play and thought it would make a great review. 8) Notice the concept behind the G-pattern. A really heavy rise in a stock meets resistance, makes a shallow fall, and then breaks out of the prior resistance with a really heavy rise. ;)
G-PATTERN REFRESHER COURSE: SRGX
Some timely mega PR's helped form tha volume/pattern on SRGX....if this company has one tenth the potential of the PR's it's been putting out, it's pps rise has a long way to go. ;D
man I am sooo sick right now.. I decided to sell or 1/2 most of my positions because its hard to focus. This is a lesson I have learned before the hard way.
I have added to HYRF and I think MEMY could start a great run today.. so looking to buy here.
Trade it good everybody. >:D
Hang in there Elite ... hopefully this is a short inconvenience and you will bounce back quickly..... thanks for the help, probably sold too soon, but out of AMEP for now at .06+ .. in at .019 ... awesome learning experience...
RJ
Quote from: eliteG on September 28, 2005, 10:17:27 AM
man I am sooo sick right now.. I decided to sell or 1/2 most of my positions because its hard to focus. This is a lesson I have learned before the hard way.
I have added to HYRF and I think MEMY could start a great run today.. so looking to buy here.
Trade it good everybody. >:D
eliteg,
so did you go see doctor yet? if not, do at once, trading can wait but health cannot. Hope feel better soon.
omni running again 4.82 +0.91 on new contract. wht you see from graph?
Anybody still holding AMEP? I'm still waiting for a good exit point (Thinking 0.8 or so) even if it takes a little longer.
It's holding .06 , seems like .075 is next! I'm still in til that drilling rig shows results.
Hi,
QOIL is running
HQSM is running
I am still in with AMEP
A LOT of fun being in AMEP right now >:D
Quote from: RJ on September 28, 2005, 10:29:28 AM
Hang in there Elite ... hopefully this is a short inconvenience and you will bounce back quickly..... thanks for the help, probably sold too soon, but out of AMEP for now at .06+ .. in at .019 ... awesome learning experience...
RJ
Yes I did :P.. but too many times I have become emotional and end up the "pig" .... I wish you good trading One Stock l...this looks to have legs.. >:D
RJ
AMEP is rockin.. I know I would have made the correct move to buy back in if I was healthy but I am happy to have been part of the move.. which was highly profitable ;D Glad for those still in.
MEMY is a monster that has been very good to me. +25% in 1 day for me so I sold it.
let go of both MBAH and HYRF because I will not be in the office tomorrow. Both slight gains.
Trade it good and have a good weekend 8)..
Are you all right today EliteG?
Remember, it is only monnaie, so fix your healt first, and only then we will be happy to see you coming back and joining us to the trading game! Lol
Here are the big runners:
VLPI 0.0015 60.00% 0.00
ATEG 0.0035 31.81% 0.01
RHAT 4.4900 27.19% 21.00
AMEP 0.0150 24.19% 0.07
MEMY 0.4500 17.64% 3.00
Quote from: phabrux on September 29, 2005, 01:37:27 PM
Are you all right today EliteG?
Remember, it is only monnaie, so fix your healt first, and only then we will be happy to see you coming back and joining us to the trading game! Lol
finally feelin better phab, thx.. by Monday I'll be ready to rock!
September will end up being my best trading month ever! I plan to follow it with October my new best trading month ever, lol ;)
Quote from: eliteG on September 27, 2005, 04:34:50 PM
Just noticed this pink sheet G-pattern play and thought it would make a great review. 8) Notice the concept behind the G-pattern. A really heavy rise in a stock meets resistance, makes a shallow fall, and then breaks out of the prior resistance with a really heavy rise. ;)
G-PATTERN REFRESHER COURSE: SRGX
is it g3 today? not up that much and not that much volume though.
From what I understand Catrader,
a mature G-spot pattern realise from 100% to 200%, 300%... so we allready reach more than the 100% level starting from 0,033.
I thing there is room for more than 0.0795, but keep a tight look at the chart!
Good luck!
Quote from: catrader on September 29, 2005, 02:35:14 PM
Quote from: eliteG on September 27, 2005, 04:34:50 PM
Just noticed this pink sheet G-pattern play and thought it would make a great review. 8) Notice the concept behind the G-pattern. A really heavy rise in a stock meets resistance, makes a shallow fall, and then breaks out of the prior resistance with a really heavy rise. ;)
G-PATTERN REFRESHER COURSE: SRGX
is it g3 today? not up that much and not that much volume though.
cant say its a G because of the volume but it doesnt mean it wont sky-rocket it just means that it doesnt look like a G-pattern at this point ;)
what about AOBs price action today? nice rebound IMO 8)
So EliteG, are you saying than we are all wondering iin the dark with AMEP!
I thougth we were having the reconforting light of the G-spot pattern to guide ours steps in this wild jungle! Lol
Quote from: phabrux on September 29, 2005, 03:50:05 PM
So EliteG, are you saying than we are all wondering iin the dark with AMEP!
I thougth we were having the reconforting light of the G-spot pattern to guide ours steps in this wild jungle! Lol
lol :D oh I was talking about
SRGX and its 2nd G-pattern phab ;)
AMEP I consider to have broken out of its 2nd G-pattern with a potential target of a bit over .10 :o
**i should mention that a high volume burst up from
SRGX would put it into G-pattern qualifyication, imo. With a potential target of .50 :o something to keep an eye on.
****and I want to make sure that everybody takes some
profit from their plays, especially the g-pattern ones! They may have a great story but most of the g-pattern plays that I have researched start to plunge down after momentum is gone.
You will lose a big chunk of profits and may even go into a loss if you try to sell at the top! So don't worry, we will find many of these kind of plays and dont need to make an absolute killing on each one. ;) :D >:D ;D :o 8) :)
Here are some interestiing candidats, some could be allready in the G-spot formation:
HSKA
TGC
TMY
FNGC
Take a look!
OneStockMind...weren't you worried last week about being in AMEP too high. ;D I've been watching it...every morining it looks like it might pullpack alittle..and then it takes off. I almost bought in several times but got distracted elsewhere and when I looked again it was taking off. ;D I think it could very well go to .12....I wouldn't be too fast to sell...I haven't seen any real weakness for several days now. ;D
hey G man,
Just wanted to say hi.This is akclide from stock arena.
hey akclide, welcome to 3stocksonfire, the best board on the web ;)
Hey elite,
How are you? Best of wishes for a speedy recovery... what are your thoughts about MBAH? its stuck between 0.033 and 0.38... Your expert opinion needed...
Dhiraj
Quote from: dhiraj19 on September 29, 2005, 11:25:22 PM
Hey elite,
How are you? Best of wishes for a speedy recovery... what are your thoughts about MBAH? its stuck between 0.033 and 0.38... Your expert opinion needed...
Dhiraj
hey dhiraj19, I'll be like new by Monday, thx ;)
MBAH - still looks good to me as long as it closes above .03. It has broken a strong descending channel and has caught many traders eyes. Now some PR and you will rock and roll! ;) I have sold out of it but may buy back in on Monday. I really feel it has strong support here and that that the reward is much higher than the risk.
I hope that helps you, trade it good :)
Hi runforthedoor,
you're right. I was worried and actually I was down on that little pullback which I don't like but it came back up. It doesn't always happen and on some stocks I was down 70% hoping to get back up. I learned a lot in the meantime and now I trade like eliteG just mentioned - it's better to take some profit off the table from different stock than to wait for "a big move" in one..
AMEP is doing great but I sold today 50% of my AMEP position @ 0.75 for 50% profit. I'll hold the other 50% and wait for the next target but I don't feel bad missing 100% gain.
I'm pretty sure AMEP run will stop and retrace a bit before it runs to the next target.
I would try to capitalize on those "micro" moves but I'm not going to be in front of my computer all the time so I can't react quick enough.
I really love this board and all the contributions every day. Very informative and very helpful.
Thanks to everybody and keep up the good work.
OneStockMind ...Good deal...good trade. ;D I have seen people starting to unload AMEP and look elsewhere, but others are still looking to load for another leg....could go either way and I agree it's due for a pullback....but still looking strong for potentially more gains. Good trade. ;D
Today I completely got out of AMEP @ 0.998. It closed really well and it might continue on Monday but I cannot be on the computer next week so I just don't want to risk my profit.
I made a nice 75% profit which makes AMEP my best trade ever.
After a pretty bad week AMEP gave me fresh energy to continue trading. Thank you eliteG and everybody for your posts and recommendations.
Great group of people here.
Guys and Gals I just had to post about one thing tonight.
I saw the movie Serenity in theaters about 3 hours ago.
I have been waiting a long time to say this...
Serenity is the best Sci-Fi Movie I have ever seen since Star Wars. To those of you who are fans of science fiction.. I highly recommend watching the DVD of the series it is based on, Firefly(critically acclaimed), first. And then seeing this great movie. Excellent stuff.
I had to mention it because if you are a sci-fi fan like me, you are starved for something good movie-wise. This will hit the spot. ;)
EliteG, good to know you are back to normal! And thanks for the lead, Serenity will be one of the movies that I will see soon!
thanks starfire ;D I'm thinking of going to see Serenity again soon ;)
Yeah, just went to see it last night (actually on your recommendation ;D)
Was pretty damn good, with excellent special effects, and good to see a bit of off-beat comedy moments in a sci-fi, after all the sci-fi monsters that have taken themselves way too seriously (a-la new vs old star wars).
The only thing I couldn't figure out was if River was meant to be some super-weapon, beyond being a bit psychic and kicking some serious ass from time to time, she didn't seem to do much beyond being traumatised and hangiing around in the background. I was expecting her to be the main character, but thought her whole story was a bit confusing and sidelined.
Anyway, probably not the best place to discuss the finer details of the movie, especially as others probably haven't seen it yet, but needless to say, I enjoyed it a lot. Hope you're having a good weekend elite, see ya round this week.
By the way, I posted some TA on PLNR in the long term picks thread, was wondering if you could have a look at it for me - much obliged ;)
Quote from: ScottishTrader on October 02, 2005, 05:04:56 PM
Yeah, just went to see it last night (actually on your recommendation ;D)
Was pretty damn good, with excellent special effects, and good to see a bit of off-beat comedy moments in a sci-fi, after all the sci-fi monsters that have taken themselves way too seriously (a-la new vs old star wars).
The only thing I couldn't figure out was if River was meant to be some super-weapon, beyond being a bit psychic and kicking some serious ass from time to time, she didn't seem to do much beyond being traumatised and hangiing around in the background. I was expecting her to be the main character, but thought her whole story was a bit confusing and sidelined.
Anyway, probably not the best place to discuss the finer details of the movie, especially as others probably haven't seen it yet, but needless to say, I enjoyed it a lot. Hope you're having a good weekend elite, see ya round this week.
By the way, I posted some TA on PLNR in the long term picks thread, was wondering if you could have a look at it for me - much obliged ;)
cool ScottishTrader, I'm glad you enjoyed Serenity ;D. The Firefly series which the show is based on focuses pretty evenly on all the characters and River is pretty traumatised there too since all the "experiments" she was put through(but she can come in handy ;)). The humor there is just awesome and did you notice they swear in Chinese?
I will check out PLNR..
Hi all.
I just woke up and took a look at AMEP. I knew it has a big chance going up today since it closed almost at HOD on Friday. I was going to get in early but I just coudn't wake up.
Even though I missed 50% gain in ONE day I still don't regret it because I GOT MARRIED LAST NIGHT. It was the best wedding I've ever been to and it was mine too! :)
What a great group of people (partiers). Since it was a Sunday wedding we expected it wouldn't last too long since people need to go to work the next day. We finished after 1AM.
Still dizzy and blurry from Sljivovic (Croatian plum brandy - home made).
Congratulations Onestockmind! ;D
Glad u had a great time at your wedding ;)
All the best!!! ;D
julia
Congrats!!!
Aren't you supposed to be on your honeymoon?!
We'll delay the honeymoon for the next summer. I have my mother and my friend visiting from Croatia and my wife is studying for her Ph.D. exam. We'll plan a European trip for the next summer. Need to make some money here to recover.. :)
Quote from: OneStockMind on October 03, 2005, 01:29:51 PM
Hi all.
I just woke up and took a look at AMEP. I knew it has a big chance going up today since it closed almost at HOD on Friday. I was going to get in early but I just coudn't wake up.
Even though I missed 50% gain in ONE day I still don't regret it because I GOT MARRIED LAST NIGHT. It was the best wedding I've ever been to and it was mine too! :)
What a great group of people (partiers). Since it was a Sunday wedding we expected it wouldn't last too long since people need to go to work the next day. We finished after 1AM.
Still dizzy and blurry from Sljivovic (Croatian plum brandy - home made).
LOL thats crazy OneStock! Congratulations man! ;D and I wish you 2 lots of love :-* :D
Quote from: OneStockMind on October 03, 2005, 01:29:51 PM
Hi all.
I just woke up and took a look at AMEP. I knew it has a big chance going up today since it closed almost at HOD on Friday. I was going to get in early but I just coudn't wake up.
Even though I missed 50% gain in ONE day I still don't regret it because I GOT MARRIED LAST NIGHT. It was the best wedding I've ever been to and it was mine too! :)
What a great group of people (partiers). Since it was a Sunday wedding we expected it wouldn't last too long since people need to go to work the next day. We finished after 1AM.
Still dizzy and blurry from Sljivovic (Croatian plum brandy - home made).
I salute you for your ability to get up so early after a wedding!
Didn't think I would see anything good to trade today but then along came HYRF with a strong (technical and news) breakout. This one could get exciting ;) >:D
I hope so ;D, I'm finally back in the green with this one :)
Yeah, me too shaker. Looks like MBAH might be starting to wake up also.
bob
EliteG,
How does MBAH look to you this week ??? I remember you having some of this last week.
Stephen
Elite, are you going to hold HYRF or take some profit today?
Quote from: shaker340 on October 04, 2005, 03:38:36 PM
EliteG,
How does MBAH look to you this week ??? I remember you having some of this last week.
Stephen
hey shak ;) I believe its gonna run one of these days.. but how long will it take? I just dont know. 0.42 is the magic number along with some volume. Who knows tomorrow might be the day. >:D
Quote from: OneStockMind on October 04, 2005, 03:40:57 PM
Elite, are you going to hold HYRF or take some profit today?
holding
HYRF..looking for the bust out move this week and I believe we aint seen nothin yet and we got support and a godd fundamental story to boot. :)
EliteG,
Thanks for the quick update on MBAH. I really appreciate your input.
Stephen
Quote from: OneStockMind on October 04, 2005, 03:40:57 PM
Elite, are you going to hold HYRF or take some profit today?
I wanted to add that techncially, for
HYRF, this is just the start of a breakout. Totally buyable according to the chart. I think what may be holding people back is the volume which is high but not crazy high. What today makes me notice is we broke through a strong resistance zone and didn't need overwhelming volume to do it so perhaps the sellers are not there.. we shall see ;)
that is a pretty close for HYRF 8)
tomorrow could be really interesting >:D
Hey G,
Wondering if you agree with Daves analysis on AMEP going below .01 eventually, based on the his opinion oil/ng will go way down?
My piggish behavior on this one netted me 36k and cost me and additional 30k as welll, failing to sell in the .12-..14 range. Dumped it all, but am having a hard time letting my best investment of all time go.
Davids take is the developing story means beans. Do you agree or disagree. To me, if the story is real and David is incorrect on oil/ng coming way down, there would appear to be another good risk/reward opportunity in the mid .06 Your thoughts.
OIC
hEY OIC,
not sure about any specific price direction on AMEP. My perspective on it is like my perspective on any penny stock.. and that is:
You catch the momentum and you better sell while the momentum is still going on, because when the momentum stops the stock dies.
I do not believe in any fundamental story behind the penny stocks. For me there is no "investing" in a penny.
So for AMEP this means I would never ever EVER buy a pullback. For me a pullback buy is a good investing principle and not a good momentum penny principle.
this philosophy works for me ;)
hey Elite,
wondering if you could have a peek at OMNI for a (bit of a rough) G-pattern. There have been a couple of pullbacks in the first ascent, but the volume is definitely there, and lacking in the last 4 days of the pullback. I'm not really sure, but thought, hey, yoou're the expert!!
Cheers!
The Scotsman
Quote from: ScottishTrader on October 05, 2005, 01:58:48 AM
hey Elite,
wondering if you could have a peek at OMNI for a (bit of a rough) G-pattern. There have been a couple of pullbacks in the first ascent, but the volume is definitely there, and lacking in the last 4 days of the pullback. I'm not really sure, but thought, hey, yoou're the expert!!
Cheers!
The Scotsman
OMNI looks really good for a G-pattern breakout if it can climb back to the high ofthe last run (5ish). What I like about OMNI's chart is how it climbs on really gigantic relative volume and this pullback is on very little volume(relative to the climb).. It looks so good I wouldn't be scared of playing the next turn of direction. Thx for making me pay attention to the chart.(applaud) I will be watching. 8)
So HYRF seems to be poppin this mornin 8)
bid of 1.21 and we closed @ 1.17
so if we get the volume we are rockin and rollin, imo ;)
hi traders,
here is a question i posed on the nvax thread, maybe someone here could shed some light for me,thanks ,
maxi
well yes, that is always the case someone is selling , someone is buying.
but the question is on a gap up in the morning when you see more selling than buying: ie: sometimes my ticker shows all red as in nvax this morning -a lot of selling- or as is the case with other stocks i have seen gap up my ticker shows green - a lot of buying- how does this correlate with a gap filling or a gap moving forward and not filling?
thanks again,
a move above or below these lines should continue in that respective direction.. i think ;)
EliteG -
Still trying to see if I can understand your G Spot pattern.
I may have a candidate - HEB:
(http://img.photobucket.com/albums/v11/kcscott/HEBChart10-5.png)
It's a Bird Flu play along the lines of SVA
Thoughts?
Thanks -
Scott
Quote from: rickjust on October 05, 2005, 09:31:05 AM
hi traders,
here is a question i posed on the nvax thread, maybe someone here could shed some light for me,thanks ,
maxi
well yes, that is always the case someone is selling , someone is buying.
but the question is on a gap up in the morning when you see more selling than buying: ie: sometimes my ticker shows all red as in nvax this morning -a lot of selling- or as is the case with other stocks i have seen gap up my ticker shows green - a lot of buying- how does this correlate with a gap filling or a gap moving forward and not filling?
thanks again,
I do not find the color of the trades to be important in gap filling.. just where the trades take the stock visually.. the chart. So from what I have seen the answer would be: No, the color does not correlate with a gap movement.
Quote from: KCScott on October 05, 2005, 09:50:25 AM
EliteG -
Still trying to see if I can understand your G Spot pattern.
I may have a candidate - HEB:
(http://img.photobucket.com/albums/v11/kcscott/HEBChart10-5.png)
It's a Bird Flu play along the lines of SVA
Thoughts?
Thanks -
Scott
HEB looks nice.. i think it shows off the g-pattern concept.. its not the most perfect one but I think it wants to go up ;) if it crosses 1.84 with volume. Of course you may see tough resistance @ 2 8)
Quote
I do not find the color of the trades to be important in gap filling.. just where the trades take the stock visually.. the chart. So from what I have seen the answer would be: No, the color does not correlate with a gap movement.
Quote
thanks,
maxi
so HYRF doesn't feel like skyrocketing.. yet ;) thats ok because its proving it has healthy support here. As a technician I just love the daily chart and have to participate until 1. support is broken(this will tell me momentum has shifted, or has been manipulated) 2. she does the wild run(head northwards of $1.50.)
bought into XDSL just now, i like the chart a lot(as usual ;)) and they have insider buys, news, and I really wanted to play a battery stock(they have some cool toys and a deal with lucent) Its kind of a G-pattern play.. not perfect but really nice. I will get a chart up soon. 8)
XDSL
Quote from: eliteG on October 05, 2005, 09:58:39 AM
HEB looks nice.. i think it shows off the g-pattern concept.. its not the most perfect one but I think it wants to go up ;) if it crosses 1.84 with volume. Of course you may see tough resistance @ 2 8)
The $2.00 resistance was like wet newspaper - Up 25% so far intraday.
Gotta wait and see if the market gives me a second chance
Quote from: KCScott on October 05, 2005, 01:06:56 PM
Quote from: eliteG on October 05, 2005, 09:58:39 AM
HEB looks nice.. i think it shows off the g-pattern concept.. its not the most perfect one but I think it wants to go up ;) if it crosses 1.84 with volume. Of course you may see tough resistance @ 2 8)
The $2.00 resistance was like wet newspaper - Up 25% so far intraday.
Gotta wait and see if the market gives me a second chance
geez I shoulda been payin closer attention.. when things work
exactly according to analysis its horrible that I did not take a position in
HEB. Its like the stock said "Hey here have some free money" .. geez. Trade it good KC ;)
So maybe this is in HYRF's future(this is a 5 min chart showing support resistance and a potential cup/w handle pattern drawing :D)
If HYRF really has some mojo to this breakout like I think it does, we should see a handle of less than 4 days(less than the previous handle circled)..
So therefore using this theory I would have to hypothesize a burst upwards for HYRF today(Wednesday), tomorrow(Thursday), Friday or Monday at the very latest.
Interesting to see what happens :D
Nice EliteG, lets hope so ;D
With yesterdays gain, I now have about a triple holding in HYRF, and am thinking it might be about time to start swing trading a portion of my investment.
Have you noticed that in HYRFs daily charts it shows a huge number of high opens, daily pullbacks, only to push up towards the end of day?? I noticed this a lot when it was trading in the .70s and .80s. And with the size of the intraday swings - 10-15% often, it may be worthwhile (today is a perfect example!!). Keeping a majority holding long in case it pulls away, but I think it would be worth the risk at this stage. What do you think 8)
As for HEB, yeah I saw that one going, especially as I was thinking of buying at the open. As soon as I saw it moving, I sold out of one of my losing positions (HEC even :D ) and jumped in at 1.87. Excellent call by KCScott on that one [applaud], now all I can hope is that OMNI shows its G potential too ;)
gotta keep an eye on it all ;)
Quote from: ScottishTrader on October 05, 2005, 02:20:41 PM
Nice EliteG, lets hope so ;D
With yesterdays gain, I now have about a triple holding in HYRF, and am thinking it might be about time to start swing trading a portion of my investment.
Have you noticed that in HYRFs daily charts it shows a huge number of high opens, daily pullbacks, only to push up towards the end of day?? I noticed this a lot when it was trading in the .70s and .80s. And with the size of the intraday swings - 10-15% often, it may be worthwhile (today is a perfect example!!). Keeping a majority holding long in case it pulls away, but I think it would be worth the risk at this stage. What do you think 8)
As for HEB, yeah I saw that one going, especially as I was thinking of buying at the open. As soon as I saw it moving, I sold out of one of my losing positions (HEC even :D ) and jumped in at 1.87. Excellent call by KCScott on that one [applaud], now all I can hope is that OMNI shows its G potential too ;)
gotta keep an eye on it all ;)
Great trading ScottishTrader (APPLAUD). Thats a perfect buy(HEB) in my opinion and a perfect example of how you have to move around funds to get the hot stock. Nice job! 8)
What do you think of XDSL? She is moving very nice here. ;) >:D
Thought I would drop by and see what the "Wizard" is up to!
Nice going on XDSL EliteG. Great trading bud.....make some $$$ ;D
Hey whats up SET? :D Thx.. I think XDSL has just begun. >:D
How are your stocks doin "Hawkeye"? 8)
it annoys the hell out of me as my silly scottish trading platform doesn't let me trade on lots of stocks, esp. OTC stocks. Only by some miracle did it let me get into HYRF back when it was .20 :-[
So I can't trade XDSL, but here's what I think. Looking at the chart, for now I think XDSL is done for the day. It topped out at resistance at .32, and may hang out just below or pull back a bit more before EOD. With 4x volume today, and with the RSI breaking 70, I wouldn't be surprised to see a pullback tomorrow too. I've jumped into too many stocks with great moves lately, only for them to pull back the next day. You're the king of day trading though, and I think its your call. With that kind of gain, I wouldn't be confident holding it overnight. It could gap up again in the morning, but the best it'll reach is next resistance at .34. I think its better to take profits.
Just my thoughts ;)
i think thats a great analysis scottish, thx ;)
I think this is where the gap could occurr, straight over .34. The insider buying/purchases at higher levels may make traders more confident, I am willing to stick with this in case it does pick up steam. I kinda like what I see on the lvl2(the tape) and I really wanted to play a battery play :D
then go for it and good luck to you, just keep it cool 8)
have you been doing any daytrading on HYRF?? or just holding long? As I said, while I'm long there are definitely gains to be made, but as you are a much more experienced day trader, how dangerous do you think a sell at open, buy at low plan is (provided the bulk of your holding is still long?).
Also, once a stock like HYRF has broken into wide open all time high territory, how do you calculate resistance levels to the upside? Are there ways more reliable than just guesswork? could you use inversed fibonnaci levels?
HYRF is looking like a G spot?
Bidding $1.05 for 5,000 at 3:32 PM
Quote from: ScottishTrader on October 05, 2005, 03:27:05 PM
then go for it and good luck to you, just keep it cool 8)
have you been doing any daytrading on HYRF?? or just holding long? As I said, while I'm long there are definitely gains to be made, but as you are a much more experienced day trader, how dangerous do you think a sell at open, buy at low plan is (provided the bulk of your holding is still long?).
I haven't been daytrading HYRF so I cant really answer that but I would not let this one run without me ;)
Quote
Also, once a stock like HYRF has broken into wide open all time high territory, how do you calculate resistance levels to the upside? Are there ways more reliable than just guesswork? could you use inversed fibonnaci levels?
targets on bluesky breakoutspsych resistance:
-numbers: whole numbers and 50 cent intervals
-% gain
Inverese Fib:
a great established trade method. Where your target would be 38.2% more of the current trend.. if that makes sense
trend lines:
sometimes you can extrapolate some tops of candles out for a target.. or even a lower trend higher.
If you have a chart and dont understand any of these methods I'd be happy to give an example.
Ok, in that case, my estimates would be:
for the 38.2 % inverse fib to be 1.07-.71 = .35, which would corespond to resistance at 1.41 - pretty high ;D
50% would com in at 1.62. - even better ;D ;D
Finally, if the asccending trendline drawn here is good, then we should have an ascending triangle breakout too - technical target of 1.83. Now that would be nice :) and as many others (David included) might agree, we can do BETTER!
But I still might take a portion out to day trade HYRF, e.g. today it would have been nice to have sold at around 1.15, after initial peaks (gotta make sure its not gonna keep ripping) and buy back in at 1.06, where it was sitting this afternoon, for an 8.5% return, and all shares in end of day.
I'm not saying it will always work out that way, but I might keep a closer eye on downward movements at the open. And if it blows my sell point out of the water, I can put this money (all profit now) somewhere else or hold it for the next swing ;)
Believe me, I'll probably screw it up and lose out, but it helps being so much up on HYRF, that you can afford to play a little, and having watched it so carefully over the last month, maybe I've gained a bit of an idea of what it is likely to do....
Hey g,
a week or two ago i mentioned avln, still having my original 3sof stake, and that it was headed for a third attempt at 18.5. It broke through today. Any thoughts?
You jumped on the amep train, but you passed on the eyii and the avln.
I'll give you one more to chew on. Bivn has European rights for the first childrens Leukemia drug developed in a decade. Already approved in the USA. Find the last drug to be approved by the US fda not to make it Europe, and I'll send you a coke. It aint a double "play", but it is a strong possibility for a quick 20% gainer if you get in before the Euro announcement. Its in the high 7's now. Target: short term 9.50-$10 after announcement of approval.
Euro approval ANY day now, as well as possible genz/partner buyout, and good news on a hepatitus phase 2 drug study called virostat. I have been holding since USA approval, "holding the bag" that is, but with Euro approval I'll get back to even.
oic
hey G man,
Found 2 more that look good,tell me what do you think.
EAG, SNRN
Quote from: oicpecnoc on October 06, 2005, 12:21:13 AM
Hey g,
a week or two ago i mentioned avln, still having my original 3sof stake, and that it was headed for a third attempt at 18.5. It broke through today. Any thoughts?
You jumped on the amep train, but you passed on the eyii and the avln.
I'll give you one more to chew on. Bivn has European rights for the first childrens Leukemia drug developed in a decade. Already approved in the USA. Find the last drug to be approved by the US fda not to make it Europe, and I'll send you a coke. It aint a double "play", but it is a strong possibility for a quick 20% gainer if you get in before the Euro announcement. Its in the high 7's now. Target: short term 9.50-$10 after announcement of approval.
Euro approval ANY day now, as well as possible genz/partner buyout, and good news on a hepatitus phase 2 drug study called virostat. I have been holding since USA approval, "holding the bag" that is, but with Euro approval I'll get back to even.
oic
thx oic I will look into BIVN and AVLN
Quote from: akclide on October 06, 2005, 12:23:09 AM
hey G man,
Found 2 more that look good,tell me what do you think.
EAG, SNRN
not sure about EAG but SNRN looks like it may want to make a run ;) I'll keep an eye out.
Otherwise..
Both HYRF and XDSL are being pressured but I still like both and I believe they can turn around todays action :) lets see what happens
hi elite g,
just learning about bollinger bands.
what kind of frame do you use for day trading? 20-2 ,10-2 ?
quote traker is auto set on 10-2
love somew help with this.
thanks
maxi
efsf might be ready to run or running already.
here goes MBAH 8)
EliteG,
How high do you think MBAH will go ???
Thanks,
Stephen
Should go pretty high since it broke .043!
Quote from: shaker340 on October 07, 2005, 09:53:56 AM
EliteG,
How high do you think MBAH will go ???
Thanks,
Stephen
MBAH recently broke a serious downtrend.. I would say maybe .08 is in reach and after some more consolidation perhaps more. ;)
hmm XDSL is just not happy with me being a shareholder.. gonna have to let it go without a strong bounce here. :-\
I got in MBAH at 037 last week. Thanks G.
Quote from: trader567 on October 07, 2005, 10:21:25 AM
I got in MBAH at 037 last week. Thanks G.
cool trader567 8).. makin some green
EliteG, your wisdom on TGC would be much appreciated. The stock has had strong volume last few days and strong swings from 50 cents to 99 cents. it currently closed out the week at 77 cents after going down to 60 cents. fundamentals look good.
It is in the energy sector, NG and futures on NG is up 168%. It has cleaned out its balance sheet, a mere 100K debt left, all preferred convertibles have been cleared! Last qtr was cash flow positive. So next quarter should be profitable.
looks like it is going to make a strong run next week. the stock is marginable!
Quote from: starfire on October 08, 2005, 03:36:29 PM
EliteG, your wisdom on TGC would be much appreciated. The stock has had strong volume last few days and strong swings from 50 cents to 99 cents. it currently closed out the week at 77 cents after going down to 60 cents. fundamentals look good.
It is in the energy sector, NG and futures on NG is up 168%. It has cleaned out its balance sheet, a mere 100K debt left, all preferred convertibles have been cleared! Last qtr was cash flow positive. So next quarter should be profitable.
looks like it is going to make a strong run next week. the stock is marginable!
hey starfire ;) not sure if you can call it wisdom but I'll give the analysis a shot.
Lets see
TGC - the perfect entry was probably on Sept 28. Perfect because it breaks out from a tight consolidation with a lot of volume. This makes it a bit safer too. But now we are nearly 100% higher.
The positives for the last 2 days of decline for TGC would be that you have long lower shadows/tails. Since I don't buy pennies on pullbacks the only place I would buy TGC is on a strong break of .90.
There is historical resistance @ $1 - $1.50 but TGC has never seen volume like this. So it may just motor on through.
I wasn't aware that you could margin something this low in price... I will check into that.
Overall I'm thinking TGC does want higher.
Hope that gives you something to work with. 8)
thanks bud. Yep, it looks like it wants to go higher but people are taking the profits of at the $1 resisitance level!!! What' perplexing is that the analysts have pegged a 12 month price target of $16!!! Is it a typo or do they know something that the street does not know. Here is the analyst's link.
http://www.nasdaq.com/earnings/analyst_summary.asp?&kind=&symbol=tgc&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&selected=tgc&FormType=&mkttype=&pathname=&page=analystinfo
by the by I am in TGC, took a long term position in the high 50s. I could change my mind though!!
upda - now like around $1, would you say still in g3? too risky to get back in here?
UPDA is hot catrader, no doubt ;) if its g3 then its already hit its target(over 100% from g-spot @ 0.485). Interesting to see what it does today.
I missed both UPDA and TGC. Are there any new stocks on horizon? Any tips will be appreciated.
Something on uptrend in 0.24 -0.32 with more than 2 mil av daily volume may be good one to get in.
.
- Dhiraj
can you believe what wdam did from yesterday till now! like 500%, if only we can get in one of those. well there been threads on them, so if keep eyes open, you never know can jump in. anyone got into that one?
upda maybe the shaking over? got as low at 0.81 and now recouping to 0.91
Quote from: catrader on October 12, 2005, 09:59:22 AM
can you believe what wdam did from yesterday till now! like 500%, if only we can get in one of those. well there been threads on them, so if keep eyes open, you never know can jump in. anyone got into that one?
thats what its all about ;) keeping the eyes open. Its taken me a long time to realize and every now and then I forget again but you cant be a part of every crazy move(50%+) in the market. I know that is obvious but the conclusion may not be. And to me the conlusions or results of this thinking is.. Its ok to miss out on a 500% move. There will be plenty of huge moves.. and if you can catch a fraction of that and limit your losses you will be ok. :)
I have been taking a break from active posting for a while.. doing a lot of research and analysis. This is because my account grew over
250% in September! And thats not a little ;D.
It seems most of my gains came from a few plays that were held mostly < 2days. The first was on 8/31
BSM(a great kickstart), also
HYRF,
AMEP,
SQUM.. some others and some daytrading.
It is interesting(not surprising ;)) that when I noticed these stocks on my stockcharts.com scan there were already topics started(sometimes many days b4) here on 3stocksonfire. These topics usually included some very useful fundamental data and news items. I also searched other boards and blogs for data as well.
2 issues that I had:
- all my funds were invested when I would come upon something very exciting and I could not allocate resources(buy the hot stock) due to settling time on my non-marginable penny positions.
- I sold tooooo early.
So most of the gain came from momentum moves in low priced stocks(mostly pennies). But thats just how to play the winners. I did have some losers and the key to those was cutting them quick. I am buying momentum. Since that is my reason for entry the stock needs to get up and go immediately or my money needs to be elsewhere. Stocks that looked great but weren't moving I decided didn't look that great.
Now I dont want to give the wrong impression. There were not many trades made. Its just that I am an impatient trader so I had to come up with a style that would suit me. I am impatient with stocks that do not move immediately. I figured that according to the look and feel of the chart its a momentum play and so if it doesnt go.. I need to be careful. Also with profits I feel a need to be aggressive but looking back at the trades I was too aggressive and could have at least doubled the return for the month, no joke.
So, thats the past.. and what about the future?
Why not repeat the past.. specifically returns like September? :D
What I am going to try to do is comment about all the plays that I feel are set up to go, whether I can enter them or not and these will all be based on charts that I get in my studies. The ones that I do enter I'll post my buy price and sell price. I sometimes enter in parts and leave in parts so I'll post that too. I'll also try to post the intraday 5-min charts with annotations if I do get a real momentum mover(a big fish) >:D.
These plays do not set up everyday.. a week may go by with nothing to play. I am looking for momentum, G-patterns and some other things from my research in these plays.
I hope you guys can help put me in place(smite), and let me know what I'm doing poorly. And if your learning or profitting let me know(applaud). Its amazing how inspiring both those can be ;) :D
Now remember
you are trading your account.. nobody else so make sure that no play can wipe you out, do not take on too much risk to handle. Pull the plug when you need to. The plays that I'll be trading are designed for me.. which means a trader who can stay in front of their machine the whole day, with lvl2(Nasdaq,BB) and quick order execution. I try to have targets but since these are momentum plays I adjust to what I feel the momentum will give me.
The purpose of posting these plays is to get feedback and to have a record of the plays.
I start by next week. Monday if something shows up.
So lets see how it goes. 8)
Trade it Good :)
Nice, EliteG!
A very big congratulations to you...It was very skillfull, and an inspiration to the rest of us (or at least to me!) ;)
I wish there was a way for your posts to trigger an alarm on this site. I guess I'll just have to flip back and forth between the different pages I have open during the trading-day.
Keep posting your great (and very read-worthy) comments... :-*
Cheers...
:o :o :o 250% :o :o :o
wow! that's astonishing!
i was jumping up and down over my 20% gain in septermber .. lol ;D
Congratulations to our great wizard and wish u greeater and greater much deserved success!
Thanks for your comments we all benefit from.
Best of luck!
I will be watching! :D
Hi gang.
Finally back from a dreamland with a ring on my finger to remind me every day :)
I have a question for all of you: I noticed that stocks that close at high-of-day usually continue that trend the next day (at least in the morning before a potential selloff).
Does anybody have a study what percent of HOD stocks continue their rally next day?
I would think that would be a good daily scanner for next day momentum plays.. I have a feeling I just said something that every MOMO player knows for years.. anyway..
THX again (applause) for your good work. Eagerly awaiting next monday ;D
jorgegr
these are not position I am entering but
ZENX is looking hot at this moment and
TGC could get hotl I would not be a seller of these today. >:D
and thanks for all the comments, you guys ROCK!
Quote from: OneStockMind on October 12, 2005, 01:57:55 PM
Hi gang.
Finally back from a dreamland with a ring on my finger to remind me every day :)
I have a question for all of you: I noticed that stocks that close at high-of-day usually continue that trend the next day (at least in the morning before a potential selloff).
Does anybody have a study what percent of HOD stocks continue their rally next day?
I would think that would be a good daily scanner for next day momentum plays.. I have a feeling I just said something that every MOMO player knows for years.. anyway..
if you couple that theory with volume you have a recipe for something nice ;) still more research needs to be done though.
Hey Elite
Congrats on an astounding month - may there be many more ;D
I was just wondering, how much has the infinite compund project compounded so far???
Must be moving along pretty nicely now...
Thanks Scottish ;D yea its moving along. Especially with a nice move like that last month. From when I started this thread I am up ~400%. There have been ups and downs but I am ready to blast off now 8)
By the way, you were right on on your analysis of XDSL. (applaud)
QuoteSo I can't trade XDSL, but here's what I think. Looking at the chart, for now I think XDSL is done for the day. It topped out at resistance at .32, and may hang out just below or pull back a bit more before EOD. With 4x volume today, and with the RSI breaking 70, I wouldn't be surprised to see a pullback tomorrow too. I've jumped into too many stocks with great moves lately, only for them to pull back the next day. You're the king of day trading though, and I think its your call. With that kind of gain, I wouldn't be confident holding it overnight. It could gap up again in the morning, but the best it'll reach is next resistance at .34. I think its better to take profits.
Just my thoughts ;)
Hey EliteG, what do you think about mbah after today? Is it in G3 now?
MBAH is looking good jtmann.. check out this 60-chart showing a channel MBAH is riding in. Its gotta get above that top for excitement. Otherwise its got support. I am not in it because I like some momentum to make the stock act crazy and right now its way too civilized for me :D >:D
hi eg,
what do you think of zenx as a momo, the market seemed to like this news today . if it closes close to the high of the day with this much volume today could have momentum for tomorrow.
thanks
maxi
thats exactly what I'm thinking rickjust.. those who want to be safer may wait for tomorrow but depending on the close here it may be a nice gapper. All those contracts makes this seem really legit. This thing moved with relatively low volume until we got to $1. Then those market makers were scrambling as the momentum crowd came in. I'm just watching but goodluck to those playin.. its looking good. :)
i am looking at .98 entry , thinking this will be strong enough at the close still a few minutes to go though
thanks for your reply
maxi
WDAM looks like it's going to close at HOD on a huge volume.
Quote from: eliteG on October 12, 2005, 03:43:03 PM
MBAH is looking good jtmann.. check out this 60-chart showing a channel MBAH is riding in. Its gotta get above that top for excitement. Otherwise its got support. I am not in it because I like some momentum to make the stock act crazy and right now its way too civilized for me :D >:D
hmm
MBAH closing nicely... thinking this one may run tomorrow.. def a watcher at least
hahahahah!!!
went to place my order for zenx 30 secs before close and put market order , instead of limit. so it didn't fill. it came back to me and by the time i put the limit order in the market was closed lol.
oh well , there is always tomorrow!!!!
maxi ;D :-\
Sold about 1/3 of a position during this run, I remember Elite does this alot, and if it is good enough for the G-man, well you know the rest ;D
Quote from: rickjust on October 12, 2005, 04:05:13 PM
hahahahah!!!
went to place my order for zenx 30 secs before close and put market order , instead of limit. so it didn't fill. it came back to me and by the time i put the limit order in the market was closed lol.
oh well , there is always tomorrow!!!!
maxi ;D :-\
well it may end up being a spot of luck.. we did not have craziness into the close which is a good sign of gapping.
ZENX may still gap lets see what shakes.. who knows it may turn out to be a fakeout. :-X
Quote from: shaker340 on October 12, 2005, 04:10:26 PM
Sold about 1/3 of a position during this run, I remember Elite does this alot, and if it is good enough for the G-man, well you know the rest ;D
:D thats great skaker! Take those profits and sleep good.. job well done.
well it may end up being a spot of luck.. we did not have craziness into the close which is a good sign of gapping. ZENX may still gap lets see what shakes.. who knows it may turn out to be a fakeout. :-X
hi,
yes , you might be right ! stock market angel watching me..... didn't see any after hours action . it kinda cooled at the end. like i said .there is always tomorrow
thanks .,
maxi :D
Quote from: rickjust on October 12, 2005, 04:36:46 PM
well it may end up being a spot of luck.. we did not have craziness into the close which is a good sign of gapping. ZENX may still gap lets see what shakes.. who knows it may turn out to be a fakeout. :-X
hi,
yes , you might be right ! stock market angel watching me..... didn't see any after hours action . it kinda cooled at the end. like i said .there is always tomorrow
thanks .,
maxi :D
spot of luck, confirmation :D
check out
DMOI looking good..
if ILCO had any volume with this move it would look pretty good, imo.. but without it, doesnt feel safe. Might build up here.. a good one to watch 8)
anybody in oxfv today? up 500%, a subpenny when it started. there was athread from a while back in penny stock section. amazing! again, saw it too late probably to get in.
Gosh, I don't want to look at my portfolio today (and yestarday).. everything is in red. Awful.
VMHVF.OB....an internet play. financials due today! very early pre G (speculation on my part) as it is an internet play! keep an eye. here is the DD from OTCpicks.....
INVESTOR HIGHLIGHTS:
Largest 3rd party DVD seller on Amazon.com, Ebay and Half.com
More than 60,000 DVD titles in their catalog and still growing.
Recently announced its entrance into the 8 Billion dollar DVD rental market offering online DVD rental services similar to NetFlix and Blockbuster Video.
Announced an Affiliate Program in July targeted at fund raising organizations. The company is busy signing up new affiliates who are in turn signing up new VMH online DVD rental subscribers. As their affiliate program grows, so will their online DVD video rental business.
One of the largest Canadian DVD resellers and has goal to be #1 in Canada in online DVD rentals very soon, a market where NetFlix and Blockbuster do not play.
A significant portion of their DVD sales revenue is for international sales. They sell a lot of DVD in the UK, and have recently announced a new web site VideoMovieHouse.in which is targeted at DVD sales in India. The Indian market is largely english speaking and has very few options to purchase US movies. VideoMovieHouse.in sells US movies which it ships to Indian customers and they can make their purchases using the Rupee currency.
VideoMovieHouse.com recently signed an MOU to acquire DVD Marketplace.com, an established online DVD retailer. This acquisition provide both a web business as well as a flexible software e-commerce platform for the creation of other online retail sites with strong support for 3rd party merchants. This is a software platform that can allow the company to open many different web sites targeting various vertical markets, countries, languages and currencies. It is much like Amazon's software platform in that it is built to allow third party vendors to sell all types of products through the platform. Web sites that could be built from this could include sites that feature everything from electronics, to books, to appliances, to entertainment offerings, and more.
The company's earnings are due out today and the company has already stated that they expect to announce revenues of more than $3.6M for their last fiscal year, up between 250% to 300% year over year. Recently Steven Gaspar, CEO stated that "He expects that type of growth to continue in the new fiscal year plus incremental revenues from new business ventures that they have been building in the last several months."
They have 40M O/S and about 20M -25M in float.
ding ding ding >:D >:D >:D
Did anyone ring the register on HYRF today when it went to 1.31 ??
Elite, Do you think AMRE has any future at the moment?
Quote from: nmbr1ballr on October 14, 2005, 11:43:55 AM
Elite, Do you think AMRE has any future at the moment?
nope, dont know much about AMRE but I remember hearing bad things.. I will not trade it even if it shows up with a momentum G-pattern
Quote from: agatto2 on October 13, 2005, 09:15:06 PM
ding ding ding >:D >:D >:D
MBAH kick some @$$!...
good call on mbah. what a week it could have been if gotten into stocks like oxfv, wdam, grmu, bign on their run ups. is there any filter that might have alerted one to them. I notice huge volume on them and on some some pr like merger or results.
Realdeals - I was sure something like it was gonna happen last night - have seen too much swing in HYRF, and then I slept in AGAIN >:D >:D
Man, being on the west coast and having a 6:30 market open is tough! So by the time I woke up, it had already tanked, and at that stage I wasn't sure how low it would go. Woulda been nice though - 3 grand in the pocket right there!! I'm kicking my lazy good for nothing ass right now >:( (where's the symbol for the boot???)
But its moving higher now, as all those who made a killing buy back in, and others who smell a deal join them - lets see where things end up today ;)
Quote from: catrader on October 14, 2005, 11:53:18 AM
good call on mbah. what a week it could have been if gotten into stocks like oxfv, wdam, grmu, bign on their run ups. is there any filter that might have alerted one to them. I notice huge volume on them and on some some pr like merger or results.
I think you just gotta keep the eyes open, constantly scanning the market and even then only expecting to catch a piece of 1 move. I think the key is to scan for volume catrader ;)
I'm watching
UPDA for a reversal here.. Not buying anying till Monday but just wantd to alert traders to watch it.. it will not look attractive to me unless it passes the high for the day today with a big volume pickup
eliteg,
what you think of bign? similar to upda? it came down from 0.25 to 0.01 and now moving after latest pr.
Quote from: catrader on October 14, 2005, 12:02:24 PM
eliteg,
what you think of bign? similar to upda? it came down from 0.25 to 0.01 and now moving after latest pr.
It looks good but I could never enter it here.. just not safe.. i mean it could go way higher but I would need another consolidation to show up and then a rebreak of that to get back in. These pennies are risky and they gotta meet your rules, your criteria or they will send you packing, imo.
OK, back to HYRF... Could anybody predict today's drop?
I mean yesterday it closed at HOD, gapped up today and then 37% drop!?
I'm still in the positive territory but if I could somehow predict that kind of a fast drop that would make a very nice swing trade. I was in front of my comp all morning but once it started heading south I wasn't fast enough.
DId anybody take advantage of this swing?
No, I'll corect myself, I didn't predict the drop as it happened - no way I would have thought it would do that, but I had a strong feeling that a large portion of gains made from the announcement would be pulled back from swing traders/profit taking - I'm just amazed it happened first thing!!
I was expecting a morning rip that would push it too high, and then a fairly large pullback. And as I bought 10000 at .21, every penny is $100 to me, the potential to swing trade it intraday is a real one. If you saw my post on the HYRF board, HYRF has been averaging at least a 10-15% high low spread most days, even when the open/close has been small. I think there are quite a few traders out there milking HYRF for what they can get, and today is a perfect example.
Unfortunately, doing thee same is a lot easier said than done!!!
Well... there are so many opportunities.. Fortunately HYRF has very good fundamentals so holding it for a bigger gain is a good thing too. It's just that you always want that extra buck :)
WDAM is going crazy again today..
Quote from: OneStockMind on October 14, 2005, 01:09:49 PM
Well... there are so many opportunities.. Fortunately HYRF has very good fundamentals so holding it for a bigger gain is a good thing too. It's just that you always want that extra buck :)
WDAM is going crazy again today..
you gotta let um go, OneStock.. cause they'll burn you on the chase. But you study what happened and hopefully you will be able to spot and DD one when it just starts.
Heading out.. gotta get rabies certificate for the dogs because neighbor complained my dogs(1 yr old golden retriever brothers that couldn't hurt a fly) were aggressive towards her lil dogs.. grrrr what a pain some people are. It takes just one to ruin the neighborhood huh?
Trade it good everybody. Remember the Friday selloff. And have a nice weekend. :)
These pennies are amazing, and extremely hazordous at times. I placed a limit order this morning on MBAH at .058...20,000 shares....got a partial fill of 5000 almost immediately while it was in that range, 5000 fill at my limit after it broke .06, then the balance of the fill at my limit while it was in the mid 6's...............you just never know do you?! :o
i find its better to do market orders on these. you might pay a little too much but you will get all shares. and if it moves 40-80% that litte extra on the buy wont matter
It really depends on your trading platform. I'm using Ameritrade and they don't allow market orders on penny stocks. Also, it's been proven that market orders for penny stocks can be very dangerous since those stocks are easily manipulated. IMO.
Quote from: mezz on October 14, 2005, 03:57:14 PM
i find its better to do market orders on these. you might pay a little too much but you will get all shares. and if it moves 40-80% that little extra on the buy wont matter
Mezz.
Maybe I did not clearly indicate my plight. I am quite happy getting 20,000 shares @.058 (actually ended with 27,000) when the price was already above .06 and midway to .07 I was merely stating that "you just never know" as a complete surprise to the end result :)
I would never enter a market order on a penny, that begins an entirely different journey in my meager experience. Sorry if I was not clear.
I would applaud G-man but I have a bit of posting yet to go....I will later....Thanks "G"..... again ;)
RJ
just FYI:
JVA on fire !
http://www.3stocksonfire.org/trading/index.php?topic=2424.0
Elite,
Could you look at SKVI when you have a moment and give an opinion....
TYIA
Quote from: RJ on October 16, 2005, 07:28:37 PM
Elite,
Could you look at SKVI when you have a moment and give an opinion....
TYIA
Looking just at the chart, I like
SKVI as one to watch. I like the patern on the yearly chart but the volume is still too low for me to consider(according to my rules) Opening up the chart (looking at a longer term chart) it looks like its making a move out of a base and through a resistance point, which is nice. I like the price action lately so I would be waiting for volume to kick in to make it feel safe to me. Of course it may just continue upwards on this volume(and the volume aint that bad its just not meeting my requirements). Lets see what happens. Hope this helps.
and..
Quote from: RJ on October 14, 2005, 04:55:42 PM
I would applaud G-man but I have a bit of posting yet to go....I will later....Thanks "G"..... again ;)
RJ
I appreciate it man ;) lets kick it next week >:D
EliteG, is NNVC.PK in the early stages of a G??
Quote from: starfire on October 17, 2005, 02:29:43 PM
EliteG, is NNVC.PK in the early stages of a G??
NNVC man o man.. what a great buy it was under .3. But now I just cant buy it. I was considering all day but it went along without me. I'll watch. I'm awaiting something else to trigger.
might be an early G starfire but its a new stock so hard to judge.
Mr. EliteG -
What is your response to the drop MBAH is having today?
I knew it would drop because of 3 large white candels, but I didn't expect it to be so big a drop.
Quote from: eliteG on October 17, 2005, 03:16:57 PM
Quote from: starfire on October 17, 2005, 02:29:43 PM
EliteG, is NNVC.PK in the early stages of a G??
NNVC man o man.. what a great buy it was under .3. But now I just cant buy it. I was considering all day but it went along without me. I'll watch. I'm awaiting something else to trigger.
might be an early G starfire but its a new stock so hard to judge.
EliteG, I got some last week and some today. I think their technology is great. They have assmbled a very impressive mangement team. I am waiting for 2 things to happen....
1. their application to OTCBB &
2. Preclinical , animal trial results...end of November.
Until then.............
Quote from: starfire on October 17, 2005, 03:32:32 PM
Quote from: eliteG on October 17, 2005, 03:16:57 PM
Quote from: starfire on October 17, 2005, 02:29:43 PM
EliteG, is NNVC.PK in the early stages of a G??
NNVC man o man.. what a great buy it was under .3. But now I just cant buy it. I was considering all day but it went along without me. I'll watch. I'm awaiting something else to trigger.
might be an early G starfire but its a new stock so hard to judge.
EliteG, I got some last week and some today. I think their technology is great. They have assmbled a very impressive mangement team. I am waiting for 2 things to happen....
1. their application to OTCBB &
2. Preclinical , animal trial results...end of November.
Until then.............
What is your time frame? Look at what happened to HISC.pk and IGTN.pk awaiting OTCBB status. This is a momentum play to me and a pink sheet stock.. be cautious. Goodluck though ;)
EliteG,
I am waiting for your pick. 8) Will you post your pick when you buy it and purchase price for it?
I sold today XSNX today for 17% gain. :)
- Dhiraj
Quote from: eliteG on October 17, 2005, 03:39:02 PM
Quote from: starfire on October 17, 2005, 03:32:32 PM
Quote from: eliteG on October 17, 2005, 03:16:57 PM
Quote from: starfire on October 17, 2005, 02:29:43 PM
EliteG, is NNVC.PK in the early stages of a G??
NNVC man o man.. what a great buy it was under .3. But now I just cant buy it. I was considering all day but it went along without me. I'll watch. I'm awaiting something else to trigger.
might be an early G starfire but its a new stock so hard to judge.
EliteG, I got some last week and some today. I think their technology is great. They have assmbled a very impressive mangement team. I am waiting for 2 things to happen....
1. their application to OTCBB &
2. Preclinical , animal trial results...end of November.
Until then.............
What is your time frame? Look at what happened to HISC.pk and IGTN.pk awaiting OTCBB status. This is a momentum play to me and a pink sheet stock.. be cautious. Goodluck though ;)
ElteG, I cannot play momentum as my account is filled with BB & PK sheets stocks!!! But you are right, it is risky to be waiting for OTCBB! But Biotech stocks coommand a healthy PE without revenues!! I am banking on this as NNVC has assembled an impressive Management team. I will hold till end of Nov or 1st week of Dec!! Thanks for your input.
Quote from: dhiraj19 on October 17, 2005, 04:51:17 PM
EliteG,
I am waiting for your pick. 8) Will you post your pick when you buy it and purchase price for it?
I sold today XSNX today for 17% gain. :)
- Dhiraj
I'll post it as soon as I find something ;)
Nice trade on XSNX :o (applaud)
Quote from: starfire on October 17, 2005, 10:18:42 PM
ElteG, I cannot play momentum as my account is filled with BB & PK sheets stocks!!! But you are right, it is risky to be waiting for OTCBB! But Biotech stocks coommand a healthy PE without revenues!! I am banking on this as NNVC has assembled an impressive Management team. I will hold till end of Nov or 1st week of Dec!! Thanks for your input.
As long as you have a reasonable plan for entry and exit.. I think thats what counts. And I have to applaud you for getting in NNVC so early. Rock and Roll!
made 2 buys (b = bought)
b GNBT @ .84
b MOTG @ ? .060-.067 not sure exactly yet
I'll update these 2 with charts.. There is a thread for MOTG already so I will update there.. and if I find an up-to-date one of GNBT I'll update there as well. ;)
Hi EliteG,
How much profit are you expecting out of the trades? GNBT is constantly touching 0.90 high today but isnt breaking through it.
Any comments,
Thanks,
Dhiraj
Hi EliteG, wow great thread. First time posting on your thread and I just wanted to thank you in advance. I know I have a ton to learn but I have realized that I love it and I have started taking some of the baby steps. Anyway, looking at your startup curve on page 3, I was wondering if BCRX hasn't setup llike that and started it rise. Thanks for any input you can give
Best regards
uc
Quote from: eliteG on October 18, 2005, 09:57:35 AM
made 2 buys (b = bought)
b GNBT @ .84
b MOTG @ ? .060-.067 not sure exactly yet
I'll update these 2 with charts.. There is a thread for MOTG already so I will update there.. and if I find an up-to-date one of GNBT I'll update there as well. ;)
CPST is moving nicely today. Currently trading at the bottom of linear regression channel (a lot of room for the upside), Williams %R is pointing up as well as momentum indicators.
Some to watch IMO.
Quote from: dhiraj19 on October 18, 2005, 10:24:11 AM
Hi EliteG,
How much profit are you expecting out of the trades? GNBT is constantly touching 0.90 high today but isnt breaking through it.
Any comments,
Thanks,
Dhiraj
GNBT is a solid breakout if it can close nicely today. Of course there is always a chance that it gets rejected.. but with this volume, pattern and underlying story I think it can go places. My short term goal is really where I feel the momentum takes me. 1.10-1.50 short term goal but we shall see.
Quote from: usedcasting on October 18, 2005, 10:28:44 AM
Hi EliteG, wow great thread. First time posting on your thread and I just wanted to thank you in advance. I know I have a ton to learn but I have realized that I love it and I have started taking some of the baby steps. Anyway, looking at your startup curve on page 3, I was wondering if BCRX hasn't setup llike that and started it rise. Thanks for any input you can give
Best regards
uc
thanks uc ;D I'm glad that you like this thread.. it just keeps growin and growin and its important to keep a trading journal so this is sort of like my journal
yes BCRX is a great g-pattern but note that when its so high in price(compared to pennies) that 100% projected goal may be difficult to get to. I would not be a buyer of BCRX, even if it can go to the moon from here) because its g-spot is around 14% away now. The avian flu stocks have good momo here though so any position with a tight stop might be ok. Good eye and good luck with the baby steps(a good way to start and reminds me of "What About Bob", funny flick)
8)
Quote from: OneStockMind on October 18, 2005, 10:36:25 AM
CPST is moving nicely today. Currently trading at the bottom of linear regression channel (a lot of room for the upside), Williams %R is pointing up as well as momentum indicators.
Some to watch IMO.
hey onestock.. man what happened to CPST :-X I wouldn't touch it until it forms some kind of consolidation after a rise. Everything else can be a fakeout, imo. ;)
Hey, EliteG, are you still holding HYRF ??? ???
Quote from: REALDEALS21 on October 18, 2005, 11:13:58 AM
Hey, EliteG, are you still holding HYRF ??? ???
Nope, I sold out of HYRF before the gap on 10/14.. I only play the pennies for momentum and I will only hold through an early consolidation period. HYRF was going through a late stage consolidation (it already had huge movement upwards) so I had to let it go.
HOM is a great long daytrade or swingtrade here, imo, @ 5.70ish stop @ 5.49ish
great on 5min and daily chart
I posted UNTD as a possible short play here:
http://www.3stocksonfire.org/trading/index.php?topic=3099.15
and I think it is set up perfectly today. I checked on earnings and those are 11/1 according to earningswhispers.com, so it should be safer from gaps until it gets close to that date. I am expecting a the big movedown today or tomorrow. This is all according to the chart. The probability should be high on this one so I would stop it tight no higher than about 13.75 and if you want to be more aggressive just above 13.50. Target is $.75-$1.25 or more down by tomorrow. ;)
I'll do a quick update for the stocks I mentioned here:
Quote from: eliteG on October 18, 2005, 11:30:19 AM
HOM is a great long daytrade or swingtrade here, imo, @ 5.70ish stop @ 5.49ish
great on 5min and daily chart
HOM bounced off of 5.51 so nice stop point but now I would move my stop up to 5.59 if this is a daytrade. Time is money too.
Quote from: eliteG on October 18, 2005, 11:45:39 AM
I posted UNTD as a possible short play here:
http://www.3stocksonfire.org/trading/index.php?topic=3099.15
and I think it is set up perfectly today. I checked on earnings and those are 11/1 according to earningswhispers.com, so it should be safer from gaps until it gets close to that date. I am expecting a the big movedown today or tomorrow. This is all according to the chart. The probability should be high on this one so I would stop it tight no higher than about 13.75 and if you want to be more aggressive just above 13.50. Target is $.75-$1.25 or more down by tomorrow. ;)
UNTD is a short play..l its seen as low as 12.79.. now @ 13. When i posted today it was at 13.29. The weakness its showing today it may go below 12 the next few days.
Quote from: eliteG on October 18, 2005, 10:31:35 AM
made 2 buys (b = bought)
b GNBT @ .84
b MOTG @ ? .060-.067 not sure exactly yet
I'll update these 2 with charts.. There is a thread for MOTG already so I will update there.. and if I find an up-to-date one of GNBT I'll update there as well. ;)
GNBT is @ $1.. nice move :o so far I am holding this one overnight. No news release
yet >:D >:D
MOTG is @ .054 boo :-X but still above support. A close above .0500 and I will hold. This is a first stage consolidation after a strong move upwards. There is a strong chance that it will move again. Here you can see the downside of not waiting for momentum to kick in. The plus is that I may be ahead of the move that might just gap away. The minus is that right now my money is tied in a move that is sleepin.
Hi guys! Hey Elite!...just want u guys to check out amzb...not sure what is going on, but since last two days it has doubled itself...i smell news coming...volume is great.
I'm assuming it may be avian related...take a look...stoked6 started a thread on it penny stock picking.
good luck guys!!
julia
Quote from: gmarc66 on October 18, 2005, 02:45:22 PM
Hi guys! Hey Elite!...just want u guys to check out amzb...not sure what is going on, but since last two days it has doubled itself...i smell news coming...volume is great.
I'm assuming it may be avian related...take a look...stoked6 started a thread on it penny stock picking.
good luck guys!!
julia
Hey gmarc, AMZB has a lot of potential with this volume, and down channel break but I wouldn't touch it unless you can let it go quickly. Support is far away and it could easilt try to close the gap @ .19 tomorrow. I will keep a watch for it to consolidate.. and then if it can break that upwards.. thats the safe place, imo. Here its pure gambling.
GNBT closed at 0.90 giving up 50% of today's gain. ??? What are thoughts for tomorrow?
- Dhiraj
Thanks for your advice Elite! ;D
I did pick some up at .30...and it did close at .349, so hopefully that is a good sign for more to come...it just feels like something is up...hmm..but, i will watch it tomorrow in case it takes a dive ;)
Thanks!!
julia
Quote from: dhiraj19 on October 18, 2005, 04:05:09 PM
GNBT closed at 0.90 giving up 50% of today's gain. ??? What are thoughts for tomorrow?
- Dhiraj
profit taking end of day brought GNBT down.. I took part off @1.04 a very teeny part. We have support @ .80 and perhaps some underlying story brought this up today. I think GNBT has broken out of a solid base with volume and that there is a high probability for more ups once the position traders analyze the chart tonight.
Hi Elite!
Just wondering if u r still holding MBAH? I was thinking perhaps i should have sold today at .067...but, not sure if u think it still has further to go...that .07 seems to be tough to break.
Do you have any advice?
thank you! ;D
julia
SloMo MoMo....AGIS.OB had a volme of 3M plus shares traded today. Apparently it got caught on stockhideout.com's radar.
http://www.stockhideout.com/showthread.php?p=7145#post7145
AGIS recently announced a solid $12.5 million annual contract for an indefinite period. the stock is trading at 5 cents. 660M shares outstanding with 64 M annual revenue, should be trading at 10 cents!! 64M does not include the new contract announced with Pharma care. this could be a huge potential as Pharmacare has more than 30 million members.
http://biz.yahoo.com/e/051013/agis.ob8-k.html
http://www.aegiscomgroup.com/
Hi Elite,
I have a suggestion that might ease tracking your moves.
There are many questions as "Elite, do you still hold ABC?" or "Elite, did you sell XYZ?". I suggest to open every one of your posts with your current holdings and the last closed trade.
It's a very small effort from your side and a much clearer view for all of your readers.
What do you think? :D
Thanks!
Ohad
Quote from: gmarc66 on October 18, 2005, 09:22:21 PM
Hi Elite!
Just wondering if u r still holding MBAH? I was thinking perhaps i should have sold today at .067...but, not sure if u think it still has further to go...that .07 seems to be tough to break.
Do you have any advice?
thank you! ;D
julia
I'm not holding
MBAH but the play looks strong still. Lets see what it does today. If it breaks .07 with strength it could.. go.. all.. the.. way :D ;)
Quote from: DannyOhad on October 19, 2005, 06:24:02 AM
Hi Elite,
I have a suggestion that might ease tracking your moves.
There are many questions as "Elite, do you still hold ABC?" or "Elite, did you sell XYZ?". I suggest to open every one of your posts with your current holdings and the last closed trade.
It's a very small effort from your side and a much clearer view for all of your readers.
What do you think? :D
Thanks!
Ohad
I will consider it Ohad. Its more difficult than you think. I move in and out of plays pretty frequently and I do not list all my plays. My philosophy doesn't allow me to hold for very long.. the answer to am I holding ABC is usually no. But if you follow this thread, for the ones I post a buy point for, I will post a sell point. Just be on your toes because it is your trade when you make it. I may have just pointed in the right(hopefully not wrong) direction.
So I guess right now on the record are:
GNBT @ .84
MOTG -> changed symbol to MOTGE
the E is for Delinquent in required filings with the SEC and this is because the fundamental value has changed dramatically upwards, I think, and so they need more time to calculate.. thats the concept anyway.
(see useful lnk for symbol change meanings)-> http://www.investopedia.com/ask/answers/04/022004.asp
well GNBT just decided to go insane pre-market... someone must know news.. i cant find the news item
sold 1/2 my GNBT @ 1.08
this is the headline:
QuoteGenerex Biotechnology to Accelerate Development of Vaccine for Pandemic Avian Influenza
http://biz.yahoo.com/iw/051019/098453.html
EliteG,
Any words of wisdom of selling half of GNBT 1.08? I think this is start of rally which will peak around noon or if continues may lead it higher at closing and tomorrow it'll crash after 30 minutes of high.
Also, I was reading your earlier posting about bailing out early on your trades, the action which you want to correct. How does this move translate to that....
Thanks for the pick yesterday
Thanks,
Dhiraj
Looking to sell it all today.. I think the news is bogus.. and what I mean is it doesnt show any money coming into the company any time soon.
Half more
GNBT sold @ 1.18
Quote from: dhiraj19 on October 19, 2005, 09:49:36 AM
EliteG,
Any words of wisdom of selling half of GNBT 1.08? I think this is start of rally which will peak around noon or if continues may lead it higher at closing and tomorrow it'll crash after 30 minutes of high.
Also, I was reading your earlier posting about bailing out early on your trades, the action which you want to correct. How does this move translate to that....
Thanks for the pick yesterday
Thanks,
Dhiraj
its hard to judge momentum of course.. we shall see ;) thanks for reminding me but I still rather be early than late ;D
I'm glad you got in. What price did you get?
the rest of GNBT @ 1.18 as well
That makes it one hell of a 1 day trade witha buy @ .84 and an avg sell @ 1.12.
GNBT play
b @ .84
s @ 1.12
= +.28
=+33.33% in 1 day, done
Next.. ;)
I know you are not going to like this question but I have to ask:
After 3 days runup and not so exciting news, isn't this stock a good candidate to short?
I've seen almost every signle stock seloff after a huge runup.
0.90 was my entry point. It is loosing the run steam now....
- Dhiraj
Quote from: OneStockMind on October 19, 2005, 10:06:34 AM
I know you are not going to like this question but I have to ask:
After 3 days runup and not so exciting news, isn't this stock a good candidate to short?
I've seen almost every signle stock seloff after a huge runup.
I dont see why I wouldn't like that? but I would not short a biotech in the avian flu category. That is where the unlimited loss of a short comes to play, imo. Not even to daytrade because I have seen stocks gap intraday over news...
There are safer shorts, imo.
Quote from: dhiraj19 on October 19, 2005, 10:13:11 AM
0.90 was my entry point. It is loosing the run steam now....
- Dhiraj
lets see if you get the 20 ema support bounce ;).. I wish you woulda let some go @ 1.18 :-\ but I may be way off and she could make another run 8)
I agree. Good exit point of 1.18. I was doing some work when that came and left.... :(
What is 20 ema ? What are those points for this stock?
Dhiraj
Quote from: dhiraj19 on October 19, 2005, 10:21:39 AM
I agree. Good exit point of 1.18. I was doing some work when that came and left.... :(
What is 20 ema ? What are those points for this stock?
Dhiraj
this may assist.. but now looking at the chart.. hmm GNBT doesnt look so weak, you may get some action if it can hold that 1st support line ;)
**edit - this is the 5 minute intraday chart, and the 20 ema on it is very useful 8) and I think a trader should always look at the 5-minute for entering and exiting a play.. even one that is based on the daily chart
hmm dont know the news but NITE kinda looks like it has potential today and the upcoming days.. just wanted to point out :)
wegi up like 63% to 0.315 based on hurricane wilma, think this can go higher or too risky you would say?
Quote from: catrader on October 19, 2005, 11:43:05 AM
wegi up like 63% to 0.315 based on hurricane wilma, think this can go higher or too risky you would say?
seems that most penny traders are playing this today.. Its at .38 up 100% now. This should have a mean sell off when the daytraders decide to pull the plug. we shall see ;)
EliteG,
What does your analysis say about GNBT intraday movement and stock price? Upsides and downsides. :-\
Thanks,
Dhiraj
Quote from: dhiraj19 on October 19, 2005, 12:32:45 PM
EliteG,
What does your analysis say about GNBT intraday movement and stock price? Upsides and downsides. :-\
Thanks,
Dhiraj
dhiraj I'm done with
GNBT so I am not watching the chart but here is the analysis. You have a potential triangle breakout to the upsidehere. You got a support trendline in there below.
Last question and no more asking for GNBT. :) I am watching NITE also....
Where can I get intraday candlestick charts? Any free web service ???
Hey, Elite, what do you think of HYRF actions today ?? Positive ?? ;D
Quote from: dhiraj19 on October 19, 2005, 01:33:11 PM
Last question and no more asking for GNBT. :) I am watching NITE also....
Where can I get intraday candlestick charts? Any free web service ???
not sure free.. I use stockcharts.com and realtick ;) google it
Quote from: REALDEALS21 on October 19, 2005, 01:54:52 PM
Hey, Elite, what do you think of HYRF actions today ?? Positive ?? ;D
well of course positive but I'm long done with HYRF.. I doubt it will look attractive to me again. Love um and leave um. >:D
IDEV looks good to me here... hmm I have no position but thinking about it. ;)
Where can I get intraday candlestick charts? Any free web service ???
Quote
hi dhiraj19,
i use medved quote tracker . it is free and and very good . you can also use bigcharts.com
also very good . you can save the charts to your computer.
hey elite g , any thoughts on mbah. i should have got out when it hit .074 on friday.
still holding . bought at .062 . my new mantra is LOCK IN PROFITS!!
Quote from: rickjust on October 19, 2005, 05:29:31 PM
hey elite g , any thoughts on mbah. i should have got out when it hit .074 on friday.
still holding . bought at .062 . my new mantra is LOCK IN PROFITS!!
depends on your time frame. This stock has broken a major downward channel(a very bullsih sign 9/23)and it could go as low as 30 cents and still be looking healthy.. but would you want to hold through that? Probably not since thats more than a 50% move against. The action today finished nice and bullish with that hammer. This one could still take off but if you are uncomfortable you can start shedding some shares. I believe David is following this one closely.. I'm sure he'll give an update.
The new mantra is a good one.. taking profits is the only way traders keep on trading. ;)
Goodluck 8)
thanks elite g,
i would not be comfortable at .03 . was not comforted today when i saw it hit .052 but it rebounded so quickly that i just kept an eye on the chart action. i must say i am learning so much from all the traders here .
thanks to all,
happy trading,
max.........................oh and LOCK IN PROFITS! ;D
I tried to scalp GNBT towards the end of the day seeing the same symmetrical triangle you posted for dhiraj19. I got in just before your post and was glad you saw the same thing but it didn't turn out the way I would like it.
The fact that it didn't work out cost me $1500 but that's the nature of daytrading..
I hope I'll make it up somewhere else by the end of the week. There are so many opportunities... it's really addicting.
BTW, I started using Medved Quotetracker and I have to admit the tool is incredible. So many things to tweak.. it takes some time to learn how to use it but when you do.. sky is the limit.
hi rickjust and elite...just to let u know, david was holding this in the 3sf portfolio, but sold it today..he thought it was an insurance company,...so, he took a bit of profit and dropped it today...i did too...at .55...i should have at least sold it at .59..but, it started to drop in the a.m..and i thought the ride was over..so i dumped.
May pick up again, if it goes lower.
good luck
julia
Acatually, looks like he didnt sell MBAH yet, but according to his last post is intending to, I guess tomorrow then?
thanks
julia
EliteG,
What is your opinion for SQUM? Real revenues, had highs 0.76 and then settled in 0.40 range? Its not a momentum play though...
Also did you buy the other one MOTG?
- Dhiraj
One more APPLAUD... ;D
Quote from: dhiraj19 on October 20, 2005, 10:33:48 AM
EliteG,
What is your opinion for SQUM? Real revenues, had highs 0.76 and then settled in 0.40 range? Its not a momentum play though...
Also did you buy the other one MOTG?
- Dhiraj
One more APPLAUD... ;D
SQUM is kinda sqummish now.. I really cant look at it for entry again until it climbs close to the highs of the last run.. (fundamentals never get me to buy because they dont tell me the stock is going up right now, they can change, and I dont feel that as outsiders we get enough information to come up with a value for a company.)
I did buy MOTG which is now
MOTGE. I am looking for it to move by its earnings report that will hopefully be out by tomorrow ;).. my feeling is its an easy double or more if the pr is good. >:D I think downside is limited here by support .05-.04.
thanks for the applaud ;D
Check this form...
http://www.secform4.com/insider/buys.php
Insider buying sheet... gmarc (MEMY) and wrangler use it a lot.
First time I used it for NVAX and within 3 days it went from 1.28 to 2.5 ( My first double) >:D I was thinking we can we our trading logic momentum for any stock with the insider buys?
Basically more options to look into.
- Dhiraj
nice trade dhiraj :o got to applaud that!
I have noticed, insider moves are usually not so clear(you do not know their time frame or perhaps they have to buy stock). I think the key is to watch the technical developments in the stock after you see something interesting and then you can really make a killing, as you did with NVAX ;)
I'm posting some links below but remember.. nothing is the bible on how the stock will move.. NOTHING. These are just interesting tools. :)
here are some other insider trading links:
http://www.form4oracle.com/welcome
http://insidercow.com/index.html
http://www.insider-monitor.com/buy_today.html
http://www.sec.gov/cgi-bin/browse-edgar?company=ViroPharma+Inc+&CIK=&filenum=&St
institutional movements
http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_unusual?side=O
I follow all of them. ;D ;D . Rite now I am trying to find a new stock, which can be beneficial to the community...
well I updated the MOTGE thread (http://www.3stocksonfire.org/trading/index.php?topic=2984.0)
but I wanted to post the chart here too.. its a nice one if it pans out. 8)
Elite, you decided not to go in IDEV?
Quote from: OneStockMind on October 20, 2005, 11:22:11 AM
Elite, you decided not to go in IDEV?
not yet but it definately looks interesting huh? I'm looking for a consolidation to set up.. i know that it may not >:D
I'm in MOTGE too, @.058 >:D
Elite, what do you think is the price target?
Quote from: DannyOhad on October 20, 2005, 12:05:39 PM
I'm in MOTGE too, @.058 >:D
Elite, what do you think is the price target?
to me at least a dime >:D but I always just judge the momentum when the time comes and make sure to take a profit. 8)
Looking to make another buy here shortly.. I see some setups I like 8)
Another buy in MOTGE, or in another stock?
went ahead and bought ABTG between .1750 and .1800. Its a solid G-pattern cross so I figured its about time to play my pattern :D. Chart up shortly. 8)
here are 2 charts for ABTG
I see a lot of resistance but I like the industry they are in right now VOIP and of course the G-pattern. This will most likely be a multi-day play.
In ABTG @ .1770
I'm in too again!
Great pick Elite! :D
ABTG, its not VOIP but Internet over Power lines. Google is big time into it.
- Dhiraj
Quote from: dhiraj19 on October 20, 2005, 01:51:43 PM
ABTG, its not VOIP but Internet over Power lines. Google is big time into it.
- Dhiraj
you're right they call it BPL(broadband over powerlines) a very cool technology.. they are servicing the VOIP sector and that should be $$..
Yo Elite, I got one here for you to watch.
Ticker: SBWL
I don't really think it has enough volume on that first rise up to make this a good G - Pattern,but maybe there is?
I'd appreciate your thoughts. ;D
Quote from: JMoney on October 20, 2005, 11:27:37 PM
Yo Elite, I got one here for you to watch.
Ticker: SBWL
I don't really think it has enough volume on that first rise up to make this a good G - Pattern,but maybe there is?
I'd appreciate your thoughts. ;D
Yo JMoney,
sup wit SBWL,
I just can't tell,
Is it in G,
Potentially,
Double Bottom,
Its got um,
yet where is support,
your backup.. your fort,
.0012~10 might hold,
below that I would fold,
tomorrow its up to the action,
volume will show if this play has any traction.
poetic technical analysis by G , LOL :D
Hope that helps.. I will be watching, thx for the tip (applaud) 8)
Look into these:
IDP, ISO, LRP
Quote from: dhiraj19 on October 21, 2005, 12:22:32 AM
Look into these:
IDP, ISO, LRP
IDP its got to go on my watchlist(applaud)
ISO its already on my list, solid
LRP I wouldn't touch, huge drop recently
Quote
Yo JMoney,
sup wit SBWL,
I just can't tell,
Is it in G,
Potentially,
Double Bottom,
Its got um,
yet where is support,
your backup.. your fort,
.0012~10 might hold,
below that I would fold,
tomorrow its up to the action,
volume will show if this play has any traction.
poetic technical analysis by G , LOL :D
Hope that helps.. I will be watching, thx for the tip (applaud) 8)
Quote
Mr. EliteG -
That is, by far, the best stock analysist I've seen you give.
Elite,
I am trying to picture the "cow" and the "poetic analysis" at the same time this morning.....hilarious start for the day.... :D...thanks and hope you kick XXX today.... >:D
RJ
Quote from: somebody041 on October 21, 2005, 04:14:59 AM
Quote
Yo JMoney,
sup wit SBWL,
I just can't tell,
Is it in G,
Potentially,
Double Bottom,
Its got um,
yet where is support,
your backup.. your fort,
.0012~10 might hold,
below that I would fold,
tomorrow its up to the action,
volume will show if this play has any traction.
poetic technical analysis by G , LOL :D
Hope that helps.. I will be watching, thx for the tip (applaud) 8)
Quote
Mr. EliteG -
That is, by far, the best stock analysist I've seen you give.
Lol.. man i gotta start using that, " stock analysist " :D
Quote from: RJ on October 21, 2005, 09:09:11 AM
Elite,
I am trying to picture the "cow" and the "poetic analysis" at the same time this morning.....hilarious start for the day.... :D...thanks and hope you kick XXX today.... >:D
RJ
lol.. funny I was looking for a new pic yesterday :D Thanks you kick some "double bottom" ;) today too. :D
My picks for today:
TMY It opened up at the gap of 3.5.
GTE. It accelerated today...
Any comments?
- Dhiraj
update:
MOTGE.ob - I like the feel of it today.. I may continue to hold over the weekend. It has a nice pattern. It feels like there is support there and all we need is some pr to get it cookin. >:D
ABTG - I decided that I wasn't willing to wait on it to develop and that I should free up cash so I let it go. -4% :-\
scanning but I doubt I'll find something before close 8)
I thought this complete look into my last trade might be interesting.
Dissection of a Play
GNBT
---------------------The Setup-----------------------------------------------------------------
01. Avian flu is in the news, avian flu stocks are rising
02. Made a list of all the avian flu stocks I could find using google, boards and blogs.
03. Filtered the list to the only ones that I would trade. (10/14) this list was 7 stocks.
04. I put these 7 into my realtime watchlist and no other research was done.
05. Meanwhile some plays took off without me but I like to buy at my price.
---------------------The Buy----------------------------------------------------------------------
06. Early in the trading morning(10/18) I look at my watchlist for heavy volume.
07. GNBT is showing heavy volume and up in price a bit.
08. I look at the chart, just above the neckline of inverse H&S.
09. Lvl2 showing many trades, lots of action.
10. Make the buy. (bought GNBT @ 0.84 on 10/18 9:49 AM)
--------------------The InBetween-----------------------------------------------------------
11. Look for the news.. no news out yet.
12. targets.. makin a move to 52 week high 1.10 than psych resistance 1.5.
13. GNBT breaks a dollar trading very heavy
14. traders begin an end of day selloff after 3pm after hitting 1.09
*note: GNBT hit 1.10 but they were rogue trades when the ask was 1.06
15. I consider selling and have an order out for partial but decide to pull it.
*note: i get hit on a few of the shares(1.04) before I sell, not many.
16. this momentm after a solid base should give another day of run.
17. Stock ends the day @ .90 and I'm upset with that kind of drop
18. Optimistic about the next day still.
-----------------------The Sell----------------------------------------------------------
17. Watchin GNBT pre-market(10/19) lvl2 no action till 9:20ish.
18. Bid rises up to ~1.10 and trades are going off on my screen.
19. I decide to sell 1/2 @ 1.08 (9:30ish) because of gap above close and near high of day b4
20. then i notice that the news is out.(buy the rumor, sell the news is in play)
21. reading the news also shows, imo, no immediate impact on $ to GNBT
22. Sell 1/2 of half left @ 1.18. Leaving 1/4 to see where momentum is going.
*note: affecting my decision is that the bird flu group had hit a wall the day b4
23. Sold the rest @ 1.18 as well.. wasn't willing to give anything up.
----------------------The Conclusion---------------------------------------
24. avg sell was $1.12 a 33% gain.
25. sold in original projected target area between 1.10-1.50
26. could have sold @ 1.08 day b4 maybe not the most efficient to wait a day for .04 cents
27. even if the play continued rising, which it did not(1.21 high), I protected profit.
28. what made this play tick: avian flu(trend), being calm end of day sell(trend), buy rumor/sell news(trend), inverse head and shoulders pattern w/ volume(TA), targets(TA), protecting profit(money management), not falling in love with an idea or stock(psychology)
And the pictures that go along with the story:
G, here's another one to watch. probably to much price rise and action on the break and due for a pullback..but we'll see. :)
Quote from: JMoney on October 22, 2005, 11:36:57 PM
G, here's another one to watch. probably to much price rise and action on the break and due for a pullback..but we'll see. :)
CNCN does look good.. I'd have to see it act on Monday to get an idea of what it could do. Thinking about it from a different perspective if I had gotten a good entry on CNCN on Friday I think I would still be holding my shares.. I wonder if that news is that good.. we shall see ;)
Went ahead and picked up some GLIF @ .269
news and nice consolidation break.. chart up soon ;)
GLIF
news: Grant Life Sciences Expects to Begin Generating Revenues from Sales of its Rapid Tests for Malaria and Dengue Fever Before Year's End
http://biz.yahoo.com/bw/051024/245725.html?.v=1
more GLIF
Shares Outstanding: 58.39M
MKT Cap: 992.61K
I'm up over 80% on GLIF in a few minutes.. thinking of selling partial but.. I dont know this pattern looks good. 8)
EliteG,
Awesome pick. I missed it after your post. I had a buy at 0.038 and it jumped to 0.039 and beyond.
One more Applaud...
Any other pick you'll recommend for today....
- Dhiraj
I'm gonna hang on to GLIF.. I have a good entry and it has passed over a resistance area that may now provide support(.037ish) and I like the small mkt cap and the low outstanding shares.. which probably means really low float. 8) I may be wrong but the price I bought @ allows me to experiment >:D
Quote from: dhiraj19 on October 24, 2005, 10:30:12 AM
EliteG,
Awesome pick. I missed it after your post. I had a buy at 0.038 and it jumped to 0.039 and beyond.
One more Applaud...
Any other pick you'll recommend for today....
- Dhiraj
thx dude.. there may be more, not sure till I see it ;)
I bought at 0.041... There should icon of sweating and nail biting too.. >:D
Quote from: dhiraj19 on October 24, 2005, 10:45:32 AM
I bought at 0.041... There should icon of sweating and nail biting too.. >:D
I think it looks good Dhiraj ;) I'll follow it with a play by play soon >:D when
GLIF makes a new intraday high
--------------------------------------------------------------------
Here is one that I consider very nice. Have not entered yet but looks great! 8)
Update on positions:
MOTGE - sold it(-12%) although it is still technically sound and will probably end the day with a nice hammer. I just dont like holding for such a long period..without momentum continuing. I do believe this play can still rock and roll for those still in ;) I just wanted to free up cash.
GLIF - bought in today @ .269(posted above). I like it and I think it still has much more to go. Plans can change but I will not sell half till I have over 100%.. maybe 2 bags >:D
looking for more
GLIF bouncing off the 5min 20ema.. we pass over .04 and another run seems likely 8)
I picked up more GLIF @ .036 avg entry is now .03145
5MIN chart of GLIF
breakout ;) well according to me.. lets see what we get >:D
update 8)
hi elite g ,
got in glif at.04 , chart looks good to the up side . looks like a little consolidation at this point .
my short term target is .048 - .05.
thanks for the pcik
maxi
Quote from: rickjust on October 24, 2005, 12:02:05 PM
hi elite g ,
got in glif at.04 , chart looks good to the up side . looks like a little consolidation at this point .
my short term target is .048 - .05.
thanks for the pcik
maxi
thats great maxi.. I think we may need 1 more 20 ema touch to burst up. I think your target is low.. but I like the aggressive profit taking. According to the chart, imo, this has more to go. 8)
In with you guys at .041. Nice chart that does look to have some upside to it. :)
I need to check your posts more often, Elite! ;) Nice pick as usual!
How much of probability of this going up like AMEP and HISC? >:D
I have never seen a rise like that in my portfolio....
- Dhiraj
thanks eg,
my target is low , because my new mantra is LOCK IN PROFITS , if you remember from a few days ago.
i took too many losses lately so i have to trim back, trade less, protect my capital.
just hit.046 . stepping outside bollinger band. looks good . i am watching closely.
slow stoch in oversold territory.
thanks
maxi
.....still learning and having fun doing it!!! ::)
Quote from: basonista on October 24, 2005, 12:16:53 PM
In with you guys at .041. Nice chart that does look to have some upside to it. :)
I need to check your posts more often, Elite! ;) Nice pick as usual!
how dare you not check my posts :D lol lets kick it
Quote from: dhiraj19 on October 24, 2005, 12:17:46 PM
How much of probability of this going up like AMEP and HISC? >:D
I have never seen a rise like that in my portfolio....
- Dhiraj
very possible big rise here Dhiraj >:D
Quote from: rickjust on October 24, 2005, 12:21:33 PM
thanks eg,
my target is low , because my new mantra is LOCK IN PROFITS , if you remember from a few days ago.
i took too many losses lately so i have to trim back, trade less, protect my capital.
just hit.046 . stepping outside bollinger band. looks good . i am watching closely.
slow stoch in oversold territory.
thanks
maxi
.....still learning and having fun doing it!!! ::)
nice very nice.. but you may just want to try half sell.. this one is rockin 8)
here is the chart.. coming upon the high of day.. it may take a while to get through due to the width of the cup(timelength) lets see what we get. :o
hhmmm,
maybe i wil stick around lol
are you seeing this as a cup and handle formation?
thanks
maxi
yea cup and handle is there and one could argue it just crossed on top of a g-pattern.. and we know on a penny that size that means 100% usually.. hehe >:D
watch the volume and trades goin by, it'll be key ;)
here is some support, watch the 20 ema its about to come into play and could make GLIF move 8) Check out PERT(a market maker in GLIF) on the bid, been a big buyer today at these high levels.
if you are watching the lvl 2 on GLIF, SCHB(a market maker) just had a bid took it off and put it back on at the same level. To me that is a signal to other MMs.. lets see what it means ;) (maybe it means SCHwaB need a lot of shares >:D)
If anyone remembers me i was on top of GLIF from its last run...My average is now .021. I was also the one high on amep(Back then i was called AMEP_MM) this one is another 6-7 bagger! watch the $0.17 wall come down with the news regarding the start of profits rolling in (could be less than 30 days away)
Is it a coincidence that i appear to be in these stocks?! Is it a coincidence that i get most smites?! Stop hating me people! ;D
Hi elite.
Anoter day another great pick. If you continue like this you will not need much to the 1,000,000 goal :)
Question: how did you get in so early this morning? I suppose you had it on your watchlist and took it right away..
MarketMakerz, why did you change your nick?
Quote from: MarketMakerz on October 24, 2005, 01:07:37 PM
If anyone remembers me i was on top of GLIF from its last run...My average is now .021. I was also the one high on amep(Back then i was called AMEP_MM) this one is another 6-7 bagger! watch the $0.17 wall come down with the news regarding the start of profits rolling in (could be less than 30 days away)
it would be nice to get to .17 >:D.. and from the chart that does not sound so absurd ;).. hmm
Quote from: OneStockMind on October 24, 2005, 01:14:35 PM
Hi elite.
Anoter day another great pick. If you continue like this you will not need much to the 1,000,000 goal :)
Question: how did you get in so early this morning? I suppose you had it on your watchlist and took it right away..
thx man :) i feel in the zone
I put GLIF on the watchlist this morning just because i was reviewing charts and it looked nice. Volume and price were excellent early, nice pattern, and it had potential from news so that was a quick buy. 8)
Quote from: OneStockMind on October 24, 2005, 01:14:35 PM
MarketMakerz, why did you change your nick?
No longer in AMEP!
breakin for lunch.. you guys take it easy ;D are we likin the Infinite Compound today? let me hear you 8)
Quote from: eliteG on October 24, 2005, 12:22:56 PM
Quote from: basonista on October 24, 2005, 12:16:53 PM
In with you guys at .041. Nice chart that does look to have some upside to it. :)
I need to check your posts more often, Elite! ;) Nice pick as usual!
how dare you not check my posts :D lol lets kick it
Haha, I won't let that happen again!
likin' it,
hitting the .048 ceiling again. let's see if it can break through :P
maxi
Quote from: eliteG on October 24, 2005, 01:19:37 PM
It would be nice to get to .17 >:D.. and from the chart that does not sound so absurd ;).. hmm
I may sound too annoying to some people sometimes but i know my Sh*t! People generally get annopyed because they are too afraid to face the reality!
ok so if you are in GLIF, you are in the highlight stock of the day, the talk of the town ;).. and those tend to gap the next day. I'm looking for a strong close. Somewhere around .17 I would be ok with, lol >:D
For you newbies to this stock. Here is an interview with the CEO:
BIO:
Stan Yakatan, MBA, is Chairman and CEO of Grant Life Sciences, Inc. He has over 30 years experience as a chief executive, entrepreneur, and operational manager for biotech and medical companies. He served as an executive and in several instances as CEO with New England Nuclear, EI Dupont, ICN Pharma, New Brunswick Scientific and Biosearch. He has founded or co-founded more than 15 companies in the United States, Canada, Israel, France and Germany and in many cases served as the initial CEO, and Chairman of these companies. He sits on the board of directors of several public and private companies, and has served as an advisor to a number of the world's leading venture capital firms including TVM (Germany), Ventana (USA), MSP (USA) and Biocapital (Canada) as well as to the governments of Australia and Canada.
Company Profile:
Grant Life Sciences, Inc. develops products to improve the efficiency of diagnosing cervical cancer. The Company is developing protein-based screening tests to screen woman for cervical cancer and pre-cancerous conditions. These screening tests analyze blood for the presence of certain antibodies that appear only when cervical cancer or certain pre-cancerous conditions are present. Invasive cervical cancer kills approximately 300,000 women annually world-wide. There are more than 120 million cervical screening tests administered annually in the United States and Europe. But more than 120 million eligible women 20+ years old in developed nations still do not get Pap smears. Globally, more than 1.7 billion women over the age of 20 do not undergo any cervical cancer screening.
Question: Mr. Yakatan, please give us a little background on Grant Life Sciences.
Mr. Yakatan: "The technology behind Grant was begun over two years ago when a scientist from China, working with the University of Utah, teamed up with Dr. Mark Rosenfeld to do some work in cervical cancer. As a result of their initial activities they filed a patent for the use of various amino acids to identify the antibodies that surface when a woman has cervical cancer. They looked at blood and body fluids as opposed to the traditional Pap smear. With their patent applied for, they connected with a local entrepreneur named Michael Ahlin, who today is our Vice President of Development and a Director with Grant, and he provided some initial capital. When the venture capital route proved to be too dilutive, they began working with a brokerage firm here in New York to facilitate a reverse merger with a publicly traded entity to raise capital, which was done quickly and successfully. Then I and several others with a lot of experience were recruited to be the management team, which is where we are today."
Question: What is it that your test can do that others can't?
Mr. Yakatan: "Normally to check cervical cancer, women generally go for a Pap smear, which is considered in the industry to be highly inaccurate. Currently, there is no simple test, where you can just take the blood from a patient and determine by measuring antibodies in the blood whether cervical cancer or cervical cancer pre-cursors are present. We have developed what we believe is the first blood test that does this, and the initial data is extremely compelling."
Question: What is it that your scientists have discovered that hasn't been done before?
Mr. Yakatan: "We've discovered in the literature five or six attempts to identify precursors to cervical cancer through various methods. What our group did is developed a series of oncogenic amino acid sequences. We have characterized them in a way that can be utilized in a standard screening test where the amino acid sequences would truly identify the presence of cervical cancer or cervical cancer pre-cursors in blood or bodily fluid samples. I don't think it's any trick or black magic; I think that we've just been able to do a lot of laboratory work in terms of screening hundreds of different amino acid sequences. We have discovered that a test that we would make for the U.S. market may have a different sequence than a test that we would make for the Indian or Chinese markets because the makeup of the oncogenes that show cervical cancer activity vary in different geographical areas of the world. What we are doing now is working very closely with a partner, Allogen, which is a part of the Cleveland Clinic Foundation, in trying to characterize all of these amino acids. We think that within three to six months, we'll be able to have our initial characterization completed and a product essentially ready to go into clinical trials, both in the United States and in other places in the world."
Question: What's the process and about how long does it take?
Mr. Yakatan: "We think that the longest process for us is the amino acid characterization. What we want to do is a sample collection before we go to any regulatory agency; we then test these samples from thousands of patients in what we call institutional review board programs. We have a few of them already set-up at USC, UCLA, Johns Hopkins and a local hospital in Utah. We've begun an active program to identify 4,000 samples within a six-month period to do the characterization program. So we think it may take two to three months to characterize the amino acids; another four to six months to do the sample collection and process those samples. Then we would begin a regulatory submission. If we are lucky, and I say lucky is the key word, we will be able to file a 510K with the US FDA (Food and Drug Administration) as an adjunct to Pap smears and that process could take three to six months. However, if we have to do a complete product disclosure process, it could take as much as eighteen months to two years. We believe that in the rest of the world we can get a swift approval of our rapid test. We think that once the nine months to a year of laboratory development time and amino acid characterization is completed, we could put a product on the market outside of the U.S. within a year."
Question: Where do you go from here?
Mr. Yakatan: "We're continuing to characterize the amino acid sequences to make sure that we have the right sequences. We are currently developing two products, the first of which is an ELISA (Enzyme Linked Immunosorbent Assay) test which we would file as an adjunct in the United States through the FDA. The second is a rapid test-- a point-of-care test that would be low cost and could serve the more than 1.7 billion women outside of the United States and Europe who normally don't get any type of cervical screening. This probably accounts for over half the world and can be due to religious or economic reasons or just some type of taboo where women don't feel comfortable getting a cervical exam from a physician."
Question: Is there a market for rapid test in the United States?
Mr. Yakatan: "The issue is how imbedded the Pap smear is in the U.S. and whether or not we would be able to get the community to accept a blood test after 50 years of doing traditional Paps. In our early discussions with people in the marketplace as well as the FDA, it's been suggested to us that the best way to get a new cancer test approved is as an adjunct. So, we think that strategically it makes sense to develop an adjunct test for the U.S. market and develop an inexpensive rapid test for the global market."
Question: Do you have enough funding going forward?
Mr. Yakatan: "Our initial capitalization was through a reverse merger were we raised about $1.8 million total. We are now looking for another $3 to $5 million and we think that with that second round of financing, we should be able to complete all of the pre-market activities and get the products on the market."
Question: What is the market potential for your test?
Mr. Yakatan: "In the United States, there are 60 million women who receive routine Paps of some form. Out of that, about 20% get false positives or false negatives, which lead to about 9 million colposcopy procedures; of that, 7 million turn out to be negative. So, we want to focus on an adjunct test where we could reduce the number of colposcopies and save the American health care system over $1.5 billion annually, not to mention eliminating the unnecessary mental anguish some of the false negatives create for our mothers and daughters. We think that the U.S. market alone is about 7 to 10 million tests annually at $25.00 to $30.00 a test. As I said before, the world market outside of the U.S. consists of over 1.7 billion women that have never been screened. We think that for those women, we can develop a test that would cost under $5.00, which is our goal. Then, we would ultimately put that same test on the market in the United States. I was retired for many years from being a CEO in biotech and when the opportunity came to me to look at a novel patented technology that serves an unmet market of over 1.7 billion people, that was enough excitement to get me to come back to work again."
Question: Can you give us an idea of what you are up against in the medical community to gain acceptance for your new approach?
Mr. Yakatan: "The issue is that Dr. George Papanicolaou developed this test about 68 years ago. If you talk to any medical pathologist they will tell you that this is an archaic test that is highly inaccurate. However, it has become well accepted in the community. It is completely reimbursed by the insurance community and if they get a false positive, the patient would then go for a colposcopy, another reimbursable procedure. Unfortunately false negatives are more problematic of course. Just to give an idea of how well entrenched the Pap smear is in the United States, there was a recent article in the N.Y. Times that pointed out that about 12% of the women receiving Pap smears have had hysterectomies. They don't even have a cervix any longer to take a Pap sample from!. Our new medical director, David Bolick, MD, FCAP, MIAC, is one of the most well-known spokesmen in the world for the replacement of the Pap smear. It's one of the reasons we brought David into our fold and he will be speaking at meetings all around the United States on our technology."
Question: What about going directly to women and women's groups?
Mr. Yakatan: "We plan to do exactly that. One of our founders, Michael Ahlin, has been given the responsibility to look into women's groups around the United States and see if we can generate support. It is common knowledge among the medical community that the current process of the cervical examination a very negative and highly invasive experience."
Question: Could you address potential investors; what should they know about the background of the management and the company that would make them want to invest it Grant Life Sciences?
Mr. Yakatan: "We have a very experienced management team. I have 35 years of experience in the biotech world. There are people who consider me part of the old guard. I've run companies like this before and much of the investment community knows who I am and my track record. We have a CFO, John Wilson, who has a similar background and a strong financial pedigree. He was senior banker at Credit Suisse First Boston and prior to that, served as CFO for Hardee's Food Systems, Perrier USA and Bell Canada International. John has served on numerous boards, both public and private. In many of these cases, he was their CFO and did tremendous things for them. We have someone who has 20 years experience in product development ready to join us. In diagnostics we are working with the man who actually developed the rapid test program for Hoffmann-La Roche in terms of developing our rapid test program. We are working directly with the cancer center in China and that's important because China has the highest incidence of cervical cancer in the world. There are approximately 100,000 deaths there a year because of the lack of screening and we are the only company that is working directly with the center. One of our founders, and a continuing consultant to the Company, is a scientific advisor to the center in China and has about ten years experience in the Chinese market. We brought on as a consultant to the company a former high level executive at the National Cancer Institute and he is working with us in terms of government funding and grants. We believe that within the next 2 to 3 months we will solidify a major relationship with an institute in the United States that has the largest W.H.O. grant in the world for this type of work. So, we think that the combination of the experience of the management team, plus the market size and viability of the market are excellent opportunities for investors."
Question: In closing, could you tell us how long do you anticipate it will take for acceptance?
Mr. Yakatan: "The acceptance will be very rapid. We've actually had discussions with the Gates Foundation and other organizations that specialize in finding funding for third world countries and we are just in the early stages of those discussions. In reality, the company as it exists now is essentially two months old. The management team has worked very closely with the founders to pull together all the work that has been done to date and that has been a harmonious relationship."
How about that?! Did you like that!? Now smite me!!!! :-[
Think again before making fun of me Elite!
.048 new support ???
maxi
Quote from: MarketMakerz on October 24, 2005, 01:55:28 PM
How about that?! Did you like that!? Now smite me!!!! :-[
Think again before making fun of me Elite!
great info MarketMakerz(applaud).. I never made fun of you. I believe that .17 is very possible. Good Trading Man :o
Quote from: rickjust on October 24, 2005, 01:58:29 PM
.048 new support ???
maxi
possibly.. rickj I'm seriously not worried about this one. It feels very right.. volume, trades, news, potential, board coverage..
i'm still in , ;D just watching closely . feels good to me as well.
maxi
Quote
Quote from: rickjust on Today at 01:58:29 PM
.048 new support Huh
maxi
possibly.. rickj I'm seriously not worried about this one. It feels very right.. volume, trades, news, potential, board coverage..
what I'm trying to say is I don't believe that this is a 1 day play. If I thought that we could get another 3 cents out of it, I wouldn't say it. Now I have my entry and you have yours. A stock that rises tremendously can fall tremendously of course but the odds on this one are for continuation... and I do believe that the the reward outweighs the risk. In the end you are the Trigger Man/Woman/Alien :D So it is in your hands. Now you know I'm an aggressive profit taker.. I have not sold any. ;) >:D 8)
There is no question about this stock continuing to go up. It just broke its downward trend. It is now bound to break its previous high (0.17). That's the technical asspect. And from the fundamental aspect we are told that Grant Life Sciences Expects to Begin Generating Revenues. That's a first for this company. We should have follow up news on this news as early as 30 days. That should be good enough for people to hold and accumulate this stock.
Dont forget at this point GLIF is an excellent buyout target for Merck. Merck is researching into Cervical cancer.
Not everyday you get a chance to find pharma stocks like this one. And yes i know what i am talking about!
update GLIF intraday fibonacci support.. I drew the fib from the current trend, imo, the circles.
Just in case we need support ;)
Quote from: eliteG on October 24, 2005, 02:07:15 PM
Quote
Quote from: rickjust on Today at 01:58:29 PM
.048 new support Huh
]
what I'm trying to say is I don't believe that this is a 1 day play. If I thought that we could get another 3 cents out of it, I wouldn't say it. Now I have my entry and you have yours. A stock that rises tremendously can fall tremendously of course but the odds on this one are for continuation... and I do believe that the the reward outweighs the risk. In the end you are the Trigger Man/Woman/Alien :D So it is in your hands. Now you know I'm an aggressive profit taker.. I have not sold any. ;) >:D 8)
[tr][/tr]
thanks eg,
i agree with you , i am just keeping an eye on it . chart still looks strong . and everything points to a continuation , ................ ;D.........my trigger finger is always somewhat itchy..lol
thanks
maxi..........................alien
update GLIF intraday horizontal support.. just in case ;)
GLIF daily chart some TA, possilbe resistance/support/targets 8)
For those who care to know:
Buy volume:21.6 Mil
Sell Volume:15 Mil
Unknown:1.7 mil
I see rally to close above 6 cents.
On the ask side i see an order of $100.05/share ;D
Quote from: MarketMakerz on October 24, 2005, 02:56:03 PM
For those who care to know:
Buy volume:21.6 Mil
Sell Volume:15 Mil
Unknown:1.7 mil
thats an interesting stat, link? thx :)
Question1: if this closes at HOD is that 99% gapper tomorrow morning?
Question2: any wild shakeouts expected today before close? I'd like to add more.
Quote from: OneStockMind on October 24, 2005, 03:08:54 PM
Question1: if this closes at HOD is that 99% gapper tomorrow morning?
Question2: any wild shakeouts expected today before close? I'd like to add more.
1: The highest possibility I ever see in the market is 51%. Just a bit of a lean in the right direction, is all we need to place a trade and remember to be cautious.. And so I think we have a 51% chance of a gap up.. no matter what close.
2: I would like to add more too.. not sure what
GLIF will give us but I wrote down the support zones, lets see if we get there to pick some up ;)
Quote from: MarketMakerz on October 24, 2005, 03:02:51 PM
I am gonna have to charge you for providing the link! j/k ;D
http://www.advfn.com/
go to "trades" link on top of the page. You need to sign up..It's free!!!
sigh...i am still the most hated individual here! ;D
thanks for the link, i didnt feel like signing up right now though.. ;)
Thanks E.
99% exaggeration is to add to the drama effect :)
man.. i swear I almost got hit @ .0370.. i believe I got some more GLIF @ .0400 I think, rock and roll 8)
I put a limit at 0.037 but didn't fill.
Great action today. Will be exciting to see what tomorrow brings.
Applaud Elite.
Market, this stock dipped as I expected and didn't close at HOD. 1:0 so far.
Quote from: OneStockMind on October 24, 2005, 04:01:46 PM
I put a limit at 0.037 but didn't fill.
Great action today. Will be exciting to see what tomorrow brings.
Applaud Elite.
Market, this stock dipped as I expected and didn't close at HOD. 1:0 so far.
I can live with a 10:0 win for you as long as GLIF continue to make runs like today's! ;D
Cant wait to see tommorow's action...
Cheers!
Answer to question 1:unlikely. I see more of a gradual uptrend.
slow downtrend for the last hour
Answer to question 2: again unlikely. I see close at HOD.
not quite ;D
maxi
Quote from: rickjust on October 24, 2005, 04:04:32 PM
Answer to question 1:unlikely. I see more of a gradual uptrend.
slow downtrend for the last hour
Answer to question 2: again unlikely. I see close at HOD.
not quite ;D
maxi
rick...those who sold to take profits today i dont blame them...Sort of the logical thing to do. BUT...I would love to think that they will be kicking themselves tommorow for leaving too much on the table! This is just the begining!
BULLZ ARE IN CONTROL FROM HERE ON!
First off.. nobody is gonna have a squabble or a soap opera in MY THREAD. Do not hijack my thread.. start your own somewhere else. This thread is for EliteG Infinite Compound Project. It is for info/analysis and my craziness(not yours) :D
That up there is just because I like to deal with things before they come up.
Today was an awesome day! ;D(MOTGE ended in a hammer, GDYS looks solid and of course GLIF :o) Looking forward to GLIF's movement tomorrow. I'll look around for some info and to get a feel of what people are feeling about GLIF in general.
Lol just laughing thinkin about it.. I'l name my first child GLIF in memory :D :D. ok thats mean maybe my dog.. or a fish :D :D
take care traders, and get away from the PC ;)
Quote from: eliteG on October 24, 2005, 04:34:52 PM
First off.. nobody is gonna have a squabble or a soap opera in MY THREAD. Do not hijack my thread.. start your own somewhere else. This thread is for EliteG Infinite Compound Project. It is for info/analysis and my craziness(not yours) :D
BRVO! I mean bravo!!! Uh, never mind. Looking forward to more trading with you G! Maybe you can teach me how to take a profit at the right time. ;)
Good luck to you Elite! You seem to be doing just fine!
This was my last post here...To those of you who are going to post "thank god he left" you can KMMFA and see you at $0.25 in 30 days!
appluads eg,
looking forward to tomorrow,
maxi
[tr]
First off.. nobody is gonna have a squabble or a soap opera in MY THREAD. Do not hijack my thread.. start your own somewhere else. This thread is for EliteG Infinite Compound Project. It is for info/analysis and my craziness(not yours) :D[/tr]
Quote from: MarketMakerz on October 24, 2005, 04:48:04 PM
Good luck to you Elite! You seem to be doing just fine!
This was my last post here...To those of you who are going to post "thank god he left" you can KMMFA and see you at $0.25 in 30 days!
hey man.. no you misunderstood.. if you got good info on a play I'm following, please go ahead and post, its really helpful especially if its counter to my analysis. I just wanted to get us to the point of the thread. So I hope you stick around :)
Quote from: basonista on October 24, 2005, 04:40:39 PM
Quote from: eliteG on October 24, 2005, 04:34:52 PM
First off.. nobody is gonna have a squabble or a soap opera in MY THREAD. Do not hijack my thread.. start your own somewhere else. This thread is for EliteG Infinite Compound Project. It is for info/analysis and my craziness(not yours) :D
BRVO! I mean bravo!!! Uh, never mind. Looking forward to more trading with you G! Maybe you can teach me how to take a profit at the right time. ;)
thats the toughest.. where to sell. The key I think is to start with the first part "Taking a profit" then we'll work on the rest. thanks
Quote from: rickjust on October 24, 2005, 04:52:59 PM
appluads eg,
looking forward to tomorrow,
maxi
[tr]
First off.. nobody is gonna have a squabble or a soap opera in MY THREAD. Do not hijack my thread.. start your own somewhere else. This thread is for EliteG Infinite Compound Project. It is for info/analysis and my craziness(not yours) :D[/tr]
thx.. tomorrow is gonna be interesting for sure 8)
If i see anything contrary to what you think i will send you private messages. I dont see any point in sharing my thoughts with anyone else!
Cheers!
EliteG,
Why is today's action of GILF different GNBT's action other day before the spike day?
Comments appreciated....
Applaud
- Dhiraj
Quote from: MarketMakerz on October 24, 2005, 05:19:36 PM
If i see anything contrary to what you think i will send you private messages. I dont see any point in sharing my thoughts with anyone else!
Cheers!
you gotta do what you gotta do..(I'm sending you an applaud) You might want to start a thread with your picks and reasons.. I would be interested in reading it since you have mentioned 2 great ones(AMEP and GLIF)
Quote from: dhiraj19 on October 24, 2005, 05:22:20 PM
EliteG,
Why is today's action of GILF different GNBT's action other day before the spike day?
Comments appreciated....
Applaud
- Dhiraj
hmm i see where you see the similarities(GNBT vs GLIF) in that: they run up hard and pull back by end of day and they are both bio-tech.
But there are a lot of differences: MKT cap, price, length of time they have been around, news impact, news first on
GLIF, no flu trend here, chart pattern, shares outstanding
these differences lead me to believe that GLIF can put out some more Tall White days and I think the volume today can be eclipsed. We shall see. There is a lot more "potential" on this one. ;)
Quote from: eliteG on October 24, 2005, 05:44:03 PM
Quote from: MarketMakerz on October 24, 2005, 05:19:36 PM
If i see anything contrary to what you think i will send you private messages. I dont see any point in sharing my thoughts with anyone else!
Cheers!
you gotta do what you gotta do..(I'm sending you an applaud) You might want to start a thread with your picks and reasons.. I would be interested in reading it since you have mentioned 2 great ones(AMEP and GLIF)
Quote from: dhiraj19 on October 24, 2005, 05:22:20 PM
EliteG,
Why is today's action of GILF different GNBT's action other day before the spike day?
Comments appreciated....
Applaud
- Dhiraj
hmm i see where you see the similarities(GNBT vs GLIF) in that: they run up hard and pull back by end of day and they are both bio-tech.
But there are a lot of differences: MKT cap, price, length of time they have been around, news impact, news first on GLIF, no flu trend here, chart pattern, shares outstanding
these differences lead me to believe that GLIF can put out some more Tall White days and I think the volume today can be eclipsed. We shall see. There is a lot more "potential" on this one. ;)
What's up Wizard?
Interesting read I see here on GLIF.
Just may have to mosey on down to the store and pick up some of this GLIF.
Have a good day EliteG or should I say night!
Applaud your work here....Outstanding!!!! :o
I be reading, even when you don't know it! ;)
Quote from: setravis on October 24, 2005, 09:47:20 PM
What's up Wizard?
Interesting read I see here on GLIF.
Just may have to mosey on down to the store and pick up some of this GLIF.
Have a good day EliteG or should I say night!
Applaud your work here....Outstanding!!!! :o
I be reading, even when you don't know it! ;)
Yo Hawkeye! GLIF does look interesting eh? 2million mkt cap, low float, about to turn a revenue for this newer biotech ;) she may be going places >:D
Thanks for the applaud, I got to applaud you back for all your work out there. I be reading you 2.. I just wish you had a board to yourself, lol. But I don't know if a board could contain u much less a thread :D see u on the flip side 8)
wo just noticed this ;D:
http://www.3stocksonfire.org/trading/index.php?topic=3283.0#msg28047
confirmation on GLIF.ob from the big man upstairs, David Randolph ;)
and we might have Setravis today as well ;)
what can I say.. thats just cool 8).. GLIF shorts wont know what hit um. >:D
just bought some QMMG @ .23 >:D
chart and details up soon ;)
QMMG info - Quest Minerals and Mining Corp. engages in the acquisition and operation of energy and mineral related properties in the southeastern part of the United States.
Market Cap: 11.12M
Shares Outstanding: 47.52M
Last news item: Quest Minerals and Mining Corporation and JJ Resources Appolo # 1 Project Readied for Operations
Monday October 17, 10:33 am ET
http://biz.yahoo.com/bw/051017/175762.html?.v=2
QMMG has a powerful chart with volume participation. Today looks like it is on pace to be the highest volume day in its history. I am looking for 1-2 bags and will adapt that to the momentum.
GLIF formed a pretty thick wall at 0.048. Let's go straight through!
EliteG, what's a good entry here for GLIF?
Quote from: Se7en on October 25, 2005, 10:24:39 AM
EliteG, what's a good entry here for GLIF?
hmm I' d have to say .04 if it can get there.. and anything under it. This is possible as GLIF may be forming a 5 min 1.5 day Head and Shoulders Top.. but the 60 min chart shows a bullish pennant consolidation. I would say the bottom is .035 now.
Good Trading. 8)
nice work WizG! applaud!
it is always so fun and valuable to read your posts, word by word!
thanks for the lessons, this thread is always the first one i click into ;)
good luck man! looking to get into glif myself. ::)
I am
not playing it but AMEP has a nice chart here(triangle break, hammers, ema support). The volume is low but it may be getting ready to spike. I think it is something more to watch or play very quickly. No matter what, I will try to learn something from it. Something about it makes me not believe in the move.
update on plays posted:
GLIF - I'm ready to hang on for the ride to over a dime >:D support @ .04 and .035, .03.. and look for resistance in intervals of .005 after .05
QMMG - I think traders are noticing this one now. The chart is very solid, and it makes me think something is up. Lets see if this can launch today. >:D
Quote from: eagerlearner on October 25, 2005, 11:06:57 AM
nice work WizG! applaud!
it is always so fun and valuable to read your posts, word by word!
thanks for the lessons, this thread is always the first one i click into ;)
good luck man! looking to get into glif myself. ::)
I'm honored eager :) thanks. Lets kick up those account totals with GLIFFY ;D
G , can u take a look at CWPC? i see:
1. broke downward short term channel to the upside.
2. nice hammer yesterday and confirmation today
3. stochastic ticks up from oversold.
4. rise above EMA9 = 1.83
5. upper BB = 3.21 , +70% from current price at 1.88
and comparing to AMEP u just brought up, they share some aspectes too.
what do u think? and do u know if i can download annotated charts from stockscharts.com for free?
Thanks!
GLIF - 5-min chart fastfood analysis :D
Quote from: eagerlearner on October 25, 2005, 11:22:21 AM
what do u think? and do u know if i can download annotated charts from stockscharts.com for free?
Thanks!
hi, eagerlearner,
you can save the chart . click printer friendly version and save it with all your ta on it . if you want to write on it open it in something like "paint " and you can save it . medved quotetraker is also good for intra day charts.-(pretty colors too)! ;D
hope this helps ,
maxi
hi maxi, thanks for your tips! ;D
i have medved but never used it, maybe i should look at it again. i see meved actually connects to my trading account ( ameritrade in my case ), can i import my porfolio from my account into medved too?
Thanks !
Quote from: eagerlearner on October 25, 2005, 11:22:21 AM
G , can u take a look at CWPC? i see:
1. broke downward short term channel to the upside.
2. nice hammer yesterday and confirmation today
3. stochastic ticks up from oversold.
4. rise above EMA9 = 1.83
5. upper BB = 3.21 , +70% from current price at 1.88
and comparing to AMEP u just brought up, they share some aspectes too.
what do u think? and do u know if i can download annotated charts from stockscharts.com for free?
Thanks!
I stick to very short momentum plays Eag.. I see CWPC as retrace play that could take a while to develop. In my opinion it will have a good entry after the next break of a consolidation which it has not yet formed. If the volume started zoomin it might become a momentum play.
I dont think you can annotate for free.. I got a subscription after 5 minutes of looking @ stockcharts.com. Love at first sight.. so I cant remember what is offered free. But like rickj says.. just open it up in paint and drawyour lines.. i do that sometimes anyway. ;)
QMMG - I let it go (-3%). It bought it because I thought it would have momo at this level and volume but it feels heavy. I might be wrong but I thing it may want to close that gap it created today before rising. Got to stick to my rules.
Looking for more 8)
I have a theory on GLIF here.. a stock that gained over 100% with huge volume maintaining the gain the next day.. even adding a bit.. I think this may start rising by end of day. Of course some of us would like a dip here to add on.. but we might not get a chance.. just a thought. No matter what GLIF is looking strong. ;)
QMMG +44.12% :P
But I'm glad you stuck to your rules. That's how you win on the long term.
Wow, what a drop at GLIF... :o I got in @.048 :( - let's hope it will rise tomorrow
I moved some funds around to get in a QMMG. Thank you for the recommendation.
Quote from: irod on October 25, 2005, 02:26:40 PM
QMMG +44.12% :P
But I'm glad you stuck to your rules. That's how you win on the long term.
QMMG pickin up some momo here ;)
Quote from: DannyOhad on October 25, 2005, 02:49:26 PM
Wow, what a drop at GLIF... :o I got in @.048 :( - let's hope it will rise tomorrow
you still got today Danny.. I think
GLIF will end up in a hammer. This has the potential to be a strong mover. Of course it would be easier to wait if your buy hadn't been so high... lets see if GLIF can recover here. :)
eliteg,
what's your assessment on stocks like gnbt, heb, and nvax based on the avain flu news? Bought back heb today and just noticed that gnbt came back up since my sell last week.
Quote from: catrader on October 25, 2005, 03:06:53 PM
eliteg,
what's your assessment on stocks like gnbt, heb, and nvax based on the avain flu news? Bought back heb today and just noticed that gnbt came back up since my sell last week.
They look good.. all of them. The leader looks like
NVAX.
EliteG,
Same question as catrader....
Whole of market is down and that avian flu speculations are on fire or a volcano eruption ;D in the afternoon.
Dhiraj
Got some more at .035. Now "all we can do is sit and wait...".
Elite,
What do you say for GLIF behavior today and short term prediction ( 2 - 3 days)?
One question for this one again... Hasn't GLIF also followed the same pattern as GNBT closing next day? :-\
Here we bought the share after news, there we bought it before news. Here we are thinking of 2 bagger and there we were looking for 20% - 30% gain only.
- Dhiraj
Quote from: eliteG on October 25, 2005, 03:12:26 PM
Quote from: catrader on October 25, 2005, 03:06:53 PM
eliteg,
what's your assessment on stocks like gnbt, heb, and nvax based on the avain flu news? Bought back heb today and just noticed that gnbt came back up since my sell last week.
They look good.. all of them. The leader looks like NVAX.
G, how would you play these guys that had big moves up today? Looking at the charts for AVII and HEB, they both tend to gap up after a day like today and follow that with a considerable pullback. Would you try to play that and sell into the gap tomorrow? Or do think these are worth staying in considering the bird flu hype? On my own evaluation, I would say sell into the gap tomorrow and buy again after the pullback but I thought the same thing with NVAX yesterday and have watched it go up about 40% without me. :(
Bought a little more GLIF today at .034. 8)
Thanks, G. You da man!!!
hi elite,
nice picks (QMMG & GLIF)
news update from QMMG should push us higher tomorrow
IMO 8)
CORRECTING and REPLACING Quest Reopens Slater Branch Pond Creek Seam
Tuesday October 25, 4:34 pm ET
BELFRY, Ky.--(BUSINESS WIRE)--Oct. 25, 2005--In BW5489 issued Oct. 25, 2005: Reissuing release to correct ticker symbol for searching purposes.
QUEST REOPENS SLATER BRANCH POND CREEK SEAM
Quest Minerals and Mining Corp (OCTBB:QMMG) is reopening its Pond Creek mine at Slater's Branch, KY. With Shelbi Coal Company as its contractor.
CEO William Wheeler states, "Because of a ruling in Boyd County Circuit Court we have been allowed to reopen and commence mining with Shelbi Coal. Prior to full production we have some lease renegotiation to be completed. Shelbi's target is 40,000 tons per month when full production is reached. They have also agreed to reopen the Lower Cedar Grove Seam at the same level of production of 40,000 tons per month."
Quest is also currently investigating a lease on a preparation plant within 12 miles of the mine which would increase the margins for both parties. The Pond Creek seam when mined cleaned or washed is a premium product of over 12,500 BTU's and less than .6% sulfur.
William Spears, CEO of JJ Resources and the joint venture partner with Quest in a 6,000,000 ton project in Knott County is in charge of the reopening project.
keep an eye on NNVC.PK!
Quote from: dhiraj19 on October 25, 2005, 04:07:06 PM
Elite,
What do you say for GLIF behavior today and short term prediction ( 2 - 3 days)?
One question for this one again... Hasn't GLIF also followed the same pattern as GNBT closing next day? :-\
Here we bought the share after news, there we bought it before news. Here we are thinking of 2 bagger and there we were looking for 20% - 30% gain only.
- Dhiraj
I feel that
GLIF is pre-breakout right here. pre-big move thats how I feel from the chart. No matter how I feel I will discard it if it closes too weakly. I think we will see a move before the week is out. :)
Quote from: basonista on October 25, 2005, 04:08:03 PM
G, how would you play these guys that had big moves up today? Looking at the charts for AVII and HEB, they both tend to gap up after a day like today and follow that with a considerable pullback. Would you try to play that and sell into the gap tomorrow? Or do think these are worth staying in considering the bird flu hype? On my own evaluation, I would say sell into the gap tomorrow and buy again after the pullback but I thought the same thing with NVAX yesterday and have watched it go up about 40% without me. :(
Bought a little more GLIF today at .034. 8)
Thanks, G. You da man!!!
Thats an awesome buy point on GLIF I was thinking about it but decided I needed to keep this normal sized.
The bird flu plays.. they seem to be kinda counter-market.. except NVAX which just goes up, like you said. I really hope that this bird flu doesn't become a crazy epidemic. I haven't read into it much but I wonder if any of these companies has something that will be able to be used quickly..
Now if you do wanna play these stocks you can look at it in a few ways. Go with the strongest gainers(NVAX, BCRX).. the least gainers, the least overbought, the ones all the medical guys are buyin, or a dartboard selection by a chimpanzee at a local zoo :D
I dont like playing a stock where everybody is in ahead of me.. so I'm not really looking at them. There will be other plays. Hope that helps.
Quote from: la-onda on October 25, 2005, 04:36:24 PM
hi elite,
nice picks (QMMG & GLIF)
news update from QMMG should push us higher tomorrow
IMO 8)
thanks but I want to make it clear that I sold out of
QMMG. I decided that it felt too heavy.. wasn't moving like a momentum stock should. Of course I can be wrong(sometimes a lot). I hope those that bought see many $ bags.
Elite,
even though we all want to see GLIF taking off and to make tons of $$$ I'd like to know what signals would you percieve as exit signs?
Breaking .30 support, slow sideways trading or something else?
"If it closes too weakly" referrs to end of week or any of the upcoming days?
Quote from: OneStockMind on October 25, 2005, 07:19:49 PM
Elite,
even though we all want to see GLIF taking off and to make tons of $$$ I'd like to know what signals would you percieve as exit signs?
Breaking .30 support, slow sideways trading or something else?
"If it closes too weakly" referrs to end of week or any of the upcoming days?
hmm for me lately I've been using the tape(lvl2 trades) to figure out weakness. No technicality to that.. just something you feel but I'd say that if we have another down day I would want it in hammer form, because an important issue to me is timing. I want to see the stock supported immediately on dips from this stage on.
So no hammer on downward action and that is too weak to fit into my timing of this week. That is my rule.. and of course I have sold out of stocks that zip up the next second, so first isolate what is your timeframe. Factor in your patience/tolerance and what has worked for you.
That is exact as I can get. Since I posted my buy prices, I will of course post when I sell. I hope that post look something like this. Sold half of
GLIF @ .12 ;) >:D
C'MON GLIFFY 8)
hi elite ,
would you see this gift emfp
I hope it nice to you and all for tommorw.
Quote from: eliteG on October 25, 2005, 06:48:18 PM
The bird flu plays.. they seem to be kinda counter-market.. except NVAX which just goes up, like you said. I really hope that this bird flu doesn't become a crazy epidemic. I haven't read into it much but I wonder if any of these companies has something that will be able to be used quickly..
Now if you do wanna play these stocks you can look at it in a few ways. Go with the strongest gainers(NVAX, BCRX).. the least gainers, the least overbought, the ones all the medical guys are buyin, or a dartboard selection by a chimpanzee at a local zoo :D
I think I like the chimpanzee option the most. ;) After posting my question to you above, I started thinking about it more. Too many times, my profits either shrink considerably or go away completely leaving me a bag holder. I need to take a profit when I have one, relying more on the chart to help me make the decision. With that said, I sold both AVII and HEB after hours for a 20% and 46% gain respectively. If they follow recent patterns, both should pull back somewhat at which time I will consider getting back in. I agree that most of these companies probably won't have the solution to the bird flu so I better do some taking while the taking is good! >:D I'm in SVA and VICL and will do some taking on those when they have something to give (although I may keep some SVA for a rainy day).
Quote from: basonista on October 25, 2005, 08:01:40 PM
I think I like the chimpanzee option the most. ;) After posting my question to you above, I started thinking about it more. Too many times, my profits either shrink considerably or go away completely leaving me a bag holder. I need to take a profit when I have one, relying more on the chart to help me make the decision. With that said, I sold both AVII and HEB after hours for a 20% and 46% gain respectively.
gotta applaud those trades and the taking of profits 8) thats trading
A couple of questions for you elite (if you don't mind answering):
What's now your average price for GLIF?
Since you were so optimistic about GLIF I wonder what percentage of your trading money did you put in a trade like this?
You mentioned that you use margin to daytrade - I assume you use margin only for quick trades and "real" money for multi-day trades.
Also, do you have max. loss you take (i.e. 10% under your buying price) or you exit depending on a trade?
I'm just trying to get a feeling of your strategy.
Quote from: OneStockMind on October 25, 2005, 08:54:20 PM
A couple of questions for you elite (if you don't mind answering):
What's now your average price for GLIF?
avg price now is .030ish I never got hit on my .04 buy
Quote
Since you were so optimistic about GLIF I wonder what percentage of your trading money did you put in a trade like this?
~20% ;)
QuoteYou mentioned that you use margin to daytrade - I assume you use margin only for quick trades and "real" money for multi-day trades.
Also, do you have max. loss you take (i.e. 10% under your buying price) or you exit depending on a trade?
I'm just trying to get a feeling of your strategy.
i dont get margin on anything under $5 and I end up exitting usually based on timing rather than %(depends on play).
Thing is, everyone has to find their own style. I've decided that tomorrow I am going to be looking for a great
intraday penny play and bring home the bacon. So thats what I'm gonna be focused on. 8)
Hey G man,
You said you would like to bring home the bacon with an intraday play tommprrow.
Would you be posting your play on your board so even though we may not get the real bacon but at least the taste of some turkey bacon.
Hey G man,
I have come across a couple of penny stock that may pop soon would like your input if possible.
USTT and IFLB
Thanks
Quote from: akclide on October 25, 2005, 10:44:24 PM
Hey G man,
You said you would like to bring home the bacon with an intraday play tommprrow.
Would you be posting your play on your board so even though we may not get the real bacon but at least the taste of some turkey bacon.
I'll post the bacon. LOL :D then you can decide if its turkey,the real deal or some vegetarian spin off :D and then after we can analyze the crap out of it, we'll bring in the FDA experts ;) :D 8)
Quote from: akclide on October 25, 2005, 11:12:31 PM
Hey G man,
I have come across a couple of penny stock that may pop soon would like your input if possible.
USTT and IFLB
Thanks
Both popped on my screens but I'm not touching um.. look like fakeouts to me.
GLIF daily and a zoom in of that
RGEN
put it on your watch list
greetings eliteG and fine friends :D
hi elite,
GLIF isn´t starting as expected, what exactly is your support line?
QMMG plus 16% as a start ;D
cheers
O.
Quote from: la-onda on October 26, 2005, 09:38:34 AM
hi elite,
GLIF isn´t starting as expected, what exactly is your support line?
cheers
O.
seems fine to me.. its shown its support in the zone i drew yesterday(here i will post those charts again) today is about the strength of the close in my mind. Potentially the last shakeout ;) I refrain from mentioning any exact numbers on purpose. Support to me is a zone.. not an exact point.
I was very close to going with VCSC.pk this morning @ .02.. but couldn't find any news or info and let it go.. .04 now. Lets see if anything else pops up. >:D
AVAN looks nice this morning.. I am not playing it but wanted to mention it in case someone finds it interesting 8)
AMHI.ob on a good volume pace and pattern with news but I'm letting it go by, check it out ;)
hmm.. as you can see I let plays go by a lot.. and if I miss my buy area I never chase and if a stock comes back to where I would have bought it I wouldn't buy it because that stock is showing weakness, imo. That to me is how you must play momentum.
QMMG is one I let go that I regret. Its more than 50% higher than my buy point in a day. I feel like I was influenced on that one by another trade that was moving down(GLIF) and I felt like being protective. Gotta always self-analyze and learn from it. But if you have to err.. better to do it on the protective safe side I guess.
Bottomline it comes down to the bottomline..the P/L. ;)
hi elite,
thanks for QMMG again; 60% in 2 days just awesome...
hope that GLIF will act the same way in the near future >:D
Quote from: la-onda on October 26, 2005, 11:21:57 AM
hi elite,
thanks for QMMG again; 60% in 2 days just awesome...
hope that GLIF will act the same way in the near future >:D
If anyone is looking for another QMMG.. I think WITM might be setting up. I have not entered. GLIF being shook.. lets see how many apples fall.
Well I picked up some more GLIF @ .026. Looking at the 60min chart.. the rise was on lots more volume than this fall. Still in the support zone.. looking for the hammer to form today. C'mon GLIFFY >:D
CNCN moovin with news just out, check it out ;)
Hi EliteG, just wanted to ask about gnbt. Is it forming a G-Pattern and are you considering another positon.
Thanks for all your input
Have a great day!
Quote from: usedcasting on October 26, 2005, 11:55:14 AM
Hi EliteG, just wanted to ask about gnbt. Is it forming a G-Pattern and are you considering another positon.
Thanks for all your input
Have a great day!
GNBT kind looks G but its near some resistance.. the flu thing might push it through. Not considering another position in GNBT. CNCN might have potential today.. other than that I'm gonna take it easy and think about GLIF make a gliffin move already.
Just to update you folks...A block of 2,000,000 shares just went through(was purchased at the asking price)! Watch out! GLIF is now ready to run!
http://otcbbtrader.com/portal/goto.dll?cat=1100&ticker=glif
Watch the block!
ps:i broke my promise...sorry but was too excited...as i said before $.25+ within 30 days!
also...who the F. is smiting me...I am not even posting anymore!!!
Good buy for you at .026 EG! Watch it grow 10 folds according to my prediction. :-\
Hey MM .. i saw that block too.. interesting stuff. I applauded you.. maybe your rating can make a breakout run here ;)
You got an applaud from me too market.. Today is your day.
Keep bringing good stuff and drop "F U all" and you'll get a lot more.
Thanks to all of you folks...Lets see which one of the two passes the breakeven point first my smites or GLIF?! ;D
My prediction is GLIF! ;D ;)
Quote from: MarketMakerz on October 26, 2005, 12:33:03 PM
Thanks to all of you folks...Lets see which one of the two passes the breakeven point first my smites or GLIF?! ;D
My prediction is GLIF! ;D ;)
LOL.. great :D
Curious to know what your breakeven point is?
Mine is about .37 now.
Quote from: MarketMakerz on October 26, 2005, 12:33:03 PM
Thanks to all of you folks...Lets see which one of the two passes the breakeven point first my smites or GLIF?! ;D
My prediction is GLIF! ;D ;)
applaud for this one :D
added more at this level
cheers
O.
I doubled @.027 - now my breakeven point is .034. :)
Good luck ;D!!
ok who would buy 300 shares at .028 that is $8.40 worth of stock :D.. maybe thats part of another order but I have seen that more than once today.
my break even is still around .030
I put AON (all or none) for my today's GLIF order at .26 and it filled pretty quickly.
I hate to wait partial orders forever.
In case anyone wants to cut through the IR department of GLIF...PM me for phone number of the VP, Mr. Michael Ahlin.
Never mind...I just noticed it is provided on the bottom of the PR. I contacted the IR (Ms. Anderson) before getting Mr. Ahlin's number.
Quote
If anyone is looking for another QMMG.. I think WITM might be setting up. I have not entered. GLIF being shook.. lets see how many apples fall.
Quote
hi elite,
have you started your analysis on WITM already?
cu
O.
Quote from: la-onda on October 26, 2005, 12:48:11 PM
Quote
If anyone is looking for another QMMG.. I think WITM might be setting up. I have not entered. GLIF being shook.. lets see how many apples fall.
Quote
hi elite,
have you started your analysis on WITM already?
cu
O.
nope just noticed a nice volume rise in WITM.. it may not be ready for the big leagues yet ;)
QMMG is having another huge day.
I know you got out of it, Mr. EliteG, but may I ask why? If I recall correctly, earlier you said it "didn't feel right." I know hindsight is 20/20 and that doesn't help anyone at all, but what didn't feel right?
Forgive me for inquiring, but I'd like to learn your skilled trading ways.
SRGX bouncing off a base...moves fast...might EXPLODE....bought back in GLIF at .026. I think it will rise from here. ;D
any comments about QMMG todays price action yet?
up to 0.38, now "just" @ 0.28$
regards
O.
Bids are lining up for GLIF and sizes are getting bigger as well. Great sign.
Looking at level II I saw a bid size 501 @ 0.03 for a few seconds and then gone.
I really wonder do MMs communicate with those "signs" to signal something...
Quote from: somebody041 on October 26, 2005, 02:28:48 PM
QMMG is having another huge day.
I know you got out of it, Mr. EliteG, but may I ask why? If I recall correctly, earlier you said it "didn't feel right." I know hindsight is 20/20 and that doesn't help anyone at all, but what didn't feel right?
Forgive me for inquiring, but I'd like to learn your skilled trading ways.
After I bought
QMMG it felt heavy.. like there was a lot of supply to get through(lvl 2 and amount of trades going by). Then I noticed that all the indicators showed overbought and so I thought it was headed down before up. QMMG actually seems very strong still it just may take a while to climb. It reached over 50% on my buy point within a day.. are you guys not taking partial profits? 8)
Quote from: eliteG on October 26, 2005, 03:13:57 PM
After I bought QMMG it felt heavy.. like there was a lot of supply to get through(lvl 2 and amount of trades going by). Then I noticed that all the indicators showed overbought and so I thought it was headed down before up. QMMG actually seems very strong still it just may take a while to climb. It reached over 50% on my buy point within a day.. are you guys not taking partial profits? 8)
As you said it although i know nothing about fundamentals of QMMG..Technical indicators are signalling sell. Take note of the upper Bollinger band and the RSI.
Quote from: OneStockMind on October 26, 2005, 03:11:46 PM
Bids are lining up for GLIF and sizes are getting bigger as well. Great sign.
Looking at level II I saw a bid size 501 @ 0.03 for a few seconds and then gone.
I really wonder do MMs communicate with those "signs" to signal something...
GLIF is showing a bit o life and a nice tail in that support zone forming a hammer ;D c'mon GLIFFY 8).. :D thats the new gliffin battlecry :D
PTSC late day momo on turning profitable news.. might be a good overnighter, I'm not playin it but wanted to point it out. 8)
Cmon gliffy!!! ;D
MANS - double bottom, rising with volume.. might be something to look at tomorrow. Not today because it is still under some resistance ;)
VTSI - not my kind of volume but its a solid move backed by news today.. and they have a bunch of recent news items.. might be something to look deeper into.
I sold the QMMG and got into GLIF - this just looks too irresistable to...well.... resist.
Tomorrow GLIF will keep it glif for gliffin' sure!
Quote from: somebody041 on October 26, 2005, 03:34:33 PM
I sold the QMMG and got into GLIF - this just looks too irresistable to...well.... resist.
Tomorrow GLIF will keep it glif for gliffin' sure!
coo.. we got an ascending glif triangle on the intraday.. 20 min to go.. 8)
all-gliffin-right! So GLIF made the hammer exactly in the zone I wanted it to. It looks like this tree has been shaken of weak holders and that we may be able to continue rising here
The first chart is the one i posted yesterday and the second one is todays. Perfection! Now thats TA 8)
Quote from: eliteG on October 26, 2005, 04:14:45 PM
The first chart is the one i posted yesterday and the second one is todays. Perfection! Now thats TA 8)
Good call ;)
Cant wait to see tommorow. Ascending triangle sure looked good. Remember what initiated it(the 2,000,000 buy block at 0.027).
Also note that today we had:
Sell volume: 6,278,170
Buy volume: 6,657,517
Quiet and sneaky accumulaation by MMz while shaking off the penny flippers.
Good day all!
Quote from: eliteG on October 26, 2005, 12:42:08 PM
ok who would buy 300 shares at .028 that is $8.40 worth of stock :D.. maybe thats part of another order but I have seen that more than once today.
my break even is still around .030
I've seen this posted on many sites. I believe it was supposedly leaked in an article by someone who used to work for a MM.
Market Maker signals for shares:
100 - I need shares
200 - I need shares, but do not take the price down
300 - take the price down to get shares
400 - trade it sideways based on supply and demand
500 - gap the stock, in the direction of the 500 trade
SRGX...selling has diminished...moves big on little volume now....a big white candle today.
http://stockcharts.com/def/servlet/SC.web?c=SRGX,uu[h,a]daclyiay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G
Might want to watch it....if a contract PR comes out, you'll have to lay supine to watch it in the sky. ;D
Arrrgghh.. did you guys see the PR from HYRF today after hours?
I cannot believe I'm a stupid bagholder... I see a huge gap down tomorrow and my investment goes down the drain.. They pretty much admitted they are liars all this time.
http://biz.yahoo.com/iw/051026/099293.html
Anybody has any comments/suggestions?
Hey RFTD.,
I sold SRGX at a .097 a couple of days ago...I had bought it at .22, so that was a big loss for me...but, it just kept dropping. Why is that everytime i sell something it starts to go up and everytime i decide to hold on to it and wait for a comeback, it just keeps dropping until its literally almost nothing...i can't get it right..wrong almost everytime..freaks me out.
Well..good luck to you, i hope it does finally take off for you :)
julia
Quote from: OneStockMind on October 26, 2005, 07:28:10 PM
Arrrgghh.. did you guys see the PR from HYRF today after hours?
I cannot believe I'm a stupid bagholder... I see a huge gap down tomorrow and my investment goes down the drain.. They pretty much admitted they are liars all this time.
http://biz.yahoo.com/iw/051026/099293.html
Anybody has any comments/suggestions?
See, shit like that adds to my view that OTC and .pk stocks need to be hit and run, get your money and get out. You never know what kind of bullshit and lies are being spread to trap the innocent investor.
Hey G man,
Any Bacon coming home tommorrow or shall I have Cheerios for breakfast.
Quote from: OneStockMind on October 26, 2005, 07:28:10 PM
Arrrgghh.. did you guys see the PR from HYRF today after hours?
I cannot believe I'm a stupid bagholder... I see a huge gap down tomorrow and my investment goes down the drain.. They pretty much admitted they are liars all this time.
http://biz.yahoo.com/iw/051026/099293.html
Anybody has any comments/suggestions?
Man.. that PR.. that has to be the lowest thing I have ever seen. Everyone responsible should be shot. We could even vote on it. How can people still get away with that? Shoot um.
Quote from: akclide on October 27, 2005, 12:13:00 AM
Hey G man,
Any Bacon coming home tommorrow or shall I have Cheerios for breakfast.
I'm gonna start the <
bringin home the bacon intraday play> tomorrow(Friday). Always keep the cheerios around though because I look for the real Bacon and its not always around.
From another board....being passed around....could help GLIF into breakout zone. ;D
http://www.investorshub.com/boards/read_msg.asp?message_id=8258224
Quote from: runforthedoor on October 27, 2005, 09:04:42 AM
From another board....being passed around....could help GLIF into breakout zone. ;D
http://www.investorshub.com/boards/read_msg.asp?message_id=8258224
thx for the info Run ;D.. sounds good to me.. this mkt cap is just too low, lets see what the chart says:
GLIF
We have the intraday cross of the high of the hammer. DOMS(a market maker in GLIF) is a big buyer on the bid.. and a big player in GLIF normally(the axe).
C'MON GLIFFY 8)
Just took a 75% loss on HYRF - biggest ever so far.
Very bitter right now. I don't know what regulations apply to OTC and PK but shit like this has to be punished. They tricked a lot of people into buying on false info.. it's a pure scam.
I'm a trader and I'm not going to sit and cry now but dust my self off and go on. I bought the same amount of GLIF as I had in HYRF so hopefully GLIF will make up for HYRF.
Hard lesson but trading OTC and PK you just have to be ready for this..
Elite,
Do you think it's a good point for re-entering HYRF? :-\
Did everyone load up?! ;D
It was just confirmed...Santa will be visiting GLIFLand early this year! ;D ;D
Happy trading everyone...
I am thinking about buying some GLIF, but I am trying to find a good entry price. I thas moved up a lot today. Any suggestions?
Thanks
Quote from: OneStockMind on October 27, 2005, 09:40:10 AM
Just took a 75% loss on HYRF - biggest ever so far.
Very bitter right now. I don't know what regulations apply to OTC and PK but shit like this has to be punished. They tricked a lot of people into buying on false info.. it's a pure scam.
I'm a trader and I'm not going to sit and cry now but dust my self off and go on. I bought the same amount of GLIF as I had in HYRF so hopefully GLIF will make up for HYRF.
Hard lesson but trading OTC and PK you just have to be ready for this..
thats horrible man.. I hope you make it up quick. Again.. those HYRF guys should be shot.
Quote from: DannyOhad on October 27, 2005, 09:46:44 AM
Elite,
Do you think it's a good point for re-entering HYRF? :-\
too risky.. and you cant believe any info released. In my head HYRF is not on a list of tradeable stocks.
Quote from: eggman11 on October 27, 2005, 10:12:59 AM
I am thinking about buying some GLIF, but I am trying to find a good entry price. I thas moved up a lot today. Any suggestions?
Thanks
anything below .03 is a good support buy, imo.. for anything above I would wait till close(and that close must be above .036 for hammer confirmation) if starts running(heavy volume, many trades) you may want to get in as well. This buy info is just for today and of course just my opinion, which GLIF may not care about :D good trading
Since DOMS(a market maker in GLIF..not a stock) may be the axe(the controlling MM) in GLIF. It may be possible to trade with him. What I mean is he "seems" to be selling here @ .037 but he's on the bid further down @ .032. He was buying this up and moving the bid higher earlier in the day. It may be safe to buy where he buys and sell where he sells. Of course you must have lvl 2 to do this. This is what my lvl 2 looks like ;)
GLIF is flying high >:D
Hm... Iright now DOMS is .30 on the buy side and .50 on the sell. That's QUITE a spread.
Anyone still holding HYRF ?
Since I posted all my buys for GLIF(.0269, .0360, .0260 = avg .030) I need to post that I sold half here @ .042(+40% ;D) just to free up cash/bring home the bacon.. My position was a bit too big for my comfort level ;)
If closes above .036 it will confirm the hammer as a potential strong reversal and not just support. A close above .04 is crazy bullish as that is in the upper shadow(an area where price was rejected before) of the huge run earlier. Above .046 thats a G-pattern breakout.. ;)
C'mon Gliffy! 8)
I am not playing anything till tomorrow but this one looks interesting.. check it out 8)
LBTN.pk - looks similar to ADDI's G-pattern breakout a while back.. might be a good overnighter. I think it may have more to give.
Quote from: eliteG on October 27, 2005, 11:53:02 AM
I am not playing anything till tomorrow but this one looks interesting.. check it out 8)
LBTN.pk - looks similar to ADDI's G-pattern breakout a while back.. might be a good overnighter. I think it may have more to give.
lbtn now at 0.015 +.008 or 114% on the day, the spread I see is 0.014 x0.016 or almost 15%. considering the run up and spred, would you say this is a high risk, ?? reward investment?
nice chart
Symmetric triangle on GLIF intraday chart again.
SRGX....contract news pending...buy while it's cheap. ;D
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2005%5C10%5C27%5C71768174.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=SRGX
Quote from: catrader on October 27, 2005, 12:34:39 PM
Quote from: eliteG on October 27, 2005, 11:53:02 AM
I am not playing anything till tomorrow but this one looks interesting.. check it out 8)
LBTN.pk - looks similar to ADDI's G-pattern breakout a while back.. might be a good overnighter. I think it may have more to give.
lbtn now at 0.015 +.008 or 114% on the day, the spread I see is 0.014 x0.016 or almost 15%. considering the run up and spred, would you say this is a high risk, ?? reward investment?
I would not buy @ the ask on it.. but like la-onda says nice chart.. has potential to make a nice home for some capital for a short time
Quote from: OneStockMind on October 27, 2005, 12:58:42 PM
Symmetric triangle on GLIF intraday chart again.
I think you meant ascending triangle. Whatever it is its showing strength. 8) rock on.
Quote from: runforthedoor on October 27, 2005, 01:01:54 PM
SRGX....contract news pending...buy while it's cheap. ;D
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2005%5C10%5C27%5C71768174.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=SRGX
I'll keep an eye Run. thx but at this point I do not like it yet.
Ascending triangle.. Thanks Elite. I'm a bit dizzy from HYRF today.. still cannot believe it happened and then it went up to .40 while Scottish and I got out at .255.
Just bad luck all over. I REALLY hope GLIF will take me out of this mud.
Quote from: OneStockMind on October 27, 2005, 01:29:23 PM
Ascending triangle.. Thanks Elite. I'm a bit dizzy from HYRF today.. still cannot believe it happened and then it went up to .40 while Scottish and I got out at .255.
Just bad luck all over. I REALLY hope GLIF will take me out of this mud.
Bulls are in control here stockmind...watch each week we continue making higher highs and higher lows. I think you have a pretty good chance of recovering money lost in HYRF over here...plus some intrest. ;)
GLIF is a multi bagger.
would vrde at 0.055 up 50% in the day look good to you based on the following news or any other indicator you see? http://biz.yahoo.com/bw/051027/275790.html?.v=1 . bought small stake here.
Yes Market, I hope your words go directly to God's ears (especially that .25 in a month) :)
added more GLIFs ;D
why?
rant Life Sciences (OTCBB: GLIF - http://finance.yahoo.com/q?s=GLIF.OB )
Grant Life Sciences announced that it expects to begin generating revenues this year, possibly within 30 days, on sales of its rapid tests for Malaria and Dengue Fever. These products, along with rapid tests for HIV-1 and HIV-2, were acquired earlier this year from AccuDx Corp., a biotechnology company based in La Jolla, Calif., founded by Ravi Pottahil, Ph.D., one of the world's leading authorities in the field of HIV/AIDS diagnostics and therapeutics. (Dr. Pottahil was the section manager for retroviruses and tumor markers and PCR diagnostics at Hoffman-La Roche from 1985 to 1992, when he co-founded Specialty BioSystems with Specialty Laboratories, one of the largest independent reference laboratories in California. Dr. Pottathil also was an advisor to the World Health Organization's Sexually Transmitted Diseases and Global Vaccination program.)
Under the agreement with AccuDx, Grant Life Sciences controls the exclusive rights to AccuDx's rapid tests, as well as AccuDx's proprietary colloidal gold reagent. In addition, the agreement established the right for Grant Life Sciences to manufacture these products in AccuDx's 'maquiladora'-modeled contract facility in Tijuana, Mexico, which is registered with the FDA and is ISO 9002-certified. Dr. Pottahil is assisting Grant Life Sciences in expanding its product line to include rapid tests for Hepatitis, Rubella, and other common diseases.
"We are very pleased to report that Grant Life Sciences has been successful in re-establishing the first of several distribution channels previously utilized by AccuDx," said Dr. Hun-Chi Lin, President and Chief Scientist at Grant Life Sciences. "Indeed, we expect to have a working marketing-and-sales mechanism in place prior to the approval necessary for us distribute our blood tests in all of the major foreign markets," added Dr. Lin. "While we are very excited by the opportunity to begin generating revenues soon, this situation also solidly positions Grant Life Sciences for the eventual manufacturing and distribution of our core product, the immunological serum-based test for detecting Cervical Cancer and its precursors," Dr. Lin concluded.
"Having our manufacturing operations in place and our distribution channels ready is the most significant milestone yet for Grant Life Sciences," said Stan Yakatan, Chairman of Grant Life Sciences. "Being able to generate revenues from our products in specialty diagnostic markets outside of the U.S. will provide us with some of the resources necessary to move us forward with the clinical validation of our core product, a rapid test for detecting cervical cancer."
link:
http://www.knobias.com/individual/public/news.htm?eid=3.1.f6d1dae479b6a7913aeb6ed82a6b4633a4d07959bbf7bbb04cf6073ee1d59e2f
Quote from: catrader on October 27, 2005, 01:43:35 PM
would vrde at 0.055 up 50% in the day look good to you based on the following news or any other indicator you see? http://biz.yahoo.com/bw/051027/275790.html?.v=1 . bought small stake here.
looks excellent catrader ;D(applaud).. I'm not playing it but I think it could be a big runner 12million mkt cap, 200 million shares outstanding.. nice pick ;)
ERHE looks excellent here.. I dont think its a quick momentum play.. but the chart looks good..even the weekly one. Check it out 8)
Quote from: eliteG on October 24, 2005, 11:03:03 AM
MOTGE - sold it(-12%) although it is still technically sound and will probably end the day with a nice hammer. I just dont like holding for such a long period..without momentum continuing. I do believe this play can still rock and roll for those still in ;) I just wanted to free up cash.
I let MOTGE go recently even though I felt it was strong. It looks like it may be setting up for a run. I'm not playing but wanted to point it out ;)
One of my loooong term holdings - AAC today got coverage initiated by Wachovia. That stock has a lot of potential but their PR sucks. At least they don't lie like HYRF :(
eliteg,
i know you don't like to look at stocks you sold, but must say gnbt is still on fire! it is making this run for the 0.90's to 1.50. Quite a run. Might consider this again?
Quote from: catrader on October 27, 2005, 02:38:51 PM
eliteg,
i know you don't like to look at stocks you sold, but must say gnbt is still on fire! it is making this run for the 0.90's to 1.50. Quite a run. Might consider this again?
It looks nice no doubt.. but I dont like buying away from consolidation. Look where I made my buy right above the solid inverse head and shoulders pattern breakout @ .86... hmm but it does look very strong, almost like its settingup for a big burst. Volume is intense. But I think I'll just watch.
Quote from: OneStockMind on October 27, 2005, 02:30:59 PM
One of my loooong term holdings - AAC today got coverage initiated by Wachovia. That stock has a lot of potential but their PR sucks. At least they don't lie like HYRF :(
AAC looks nice with a inverse head and shoulders bottom on the daily, and at support on the weekly. I'll watch that for a breakout, thx OneStock ;)
Does MOBL look due for a bouce to you?
GLIF broke that ascending triangle and all tech. indicators are pointing down on the intraday chart. DOMS really wants it at .30? Well, if he's the boss...
Do I see it right that GLIF has now head and shoulders on the intraday.. that's not nice.
Quote from: OneStockMind on October 27, 2005, 03:00:16 PM
Does MOBL look due for a bouce to you?
GLIF broke that ascending triangle and all tech. indicators are pointing down on the intraday chart. DOMS really wants it at .30? Well, if he's the boss...
Do I see it right that GLIF has now head and shoulders on the intraday.. that's not nice.
MOBL looks weak in my opinion.. I would be worried on a quick viscious move south by it.
GLIF intraday looks like a double top.. but I see the H&S too. 45 min to go.. what will she do...
I am gonna be eyeballin RMSG for tomorrow. Its not showin that it wants to run yet.. but maybe tomorrow. This will give time to those interested to dig up whatever they need. Chart is great of course.. news today and lots of news this month. I'm not happy about the mkt cap so high but maybe thats because this one has substance to it. Check it out and lets see if it sets up. 8) ..it may take into next week to be sure, I do not think it is a good buy, yet...
hi elite,
GLIF acts not that good the last minutes from todays market, isn´t it?
I´m still holding GLIF for pop up soon...
May I ask you for a comment on todays NVAX, HEB and SVA price action?
Just profit tacking, IMO the support lines are all fine for them.
SVA news is great, but down today? Strange..
thanks in advance
Oliver
Quote from: la-onda on October 27, 2005, 04:05:59 PM
hi elite,
GLIF acts not that good the last minutes from todays market, isn´t it?
I´m still holding GLIF for pop up soon...
May I ask you for a comment on todays NVAX, HEB and SVA price action?
Just profit tacking, IMO the support lines are all fine for them.
SVA news is great, but down today? Strange..
thanks in advance
Oliver
I'll post about GLIF soon but for NVAX HEB and SVA todays action really kills momentum. They might have to consolidate here.. I'm not an investor or even a medium term trader, I am a very short term momentum trader so as far as I'm concerned these plays are done. Support lines are still intact for those who are longer term. I hope that helps.
hey g,
thanks for the email. i am embarrased to say i didn't sell glif! i am holding until tomorrow. if i was home today to watch the action i probably may have got out at .044 . the end didn't look good to me.
but on a better note i saw an intaday head and shoulders forming on nvax with the head at $6 over one and a half days so i got out early on that one and banked my profit.
learning everyday,
thanks for your email ,
maxi.....
see you online
update on GLIF
GLIF closed @ .035 forming an inverse hammer which does not confirm nor deny the bullish reversal nature of the hammer of the previous day. We did break the high of the hammer(.036) and (.040) intraday. Maybe GLIF followed the heavy downturn by biotechs (NVAX, GNBT, HEB, SVA, AOB..). In the end it was up 9.37% so thats good :) GLIF is forming a little pennant or symmetrical triangle here.
My personal opinion about the chart is that GLIF will be forced out of this consolidation within 3 days. That direction should make for a strong move since after consolidation(contraction) comes expansion. I believe that direction will be up and I believe the wait will be worth it.
We got a solid underlying story and technicals.. on this low cap stock. Lets see if we can get a move/News tomorrow.
Quote from: rickjust on October 27, 2005, 04:32:10 PM
hey g,
thanks for the email. i am embarrased to say i didn't sell glif! i am holding until tomorrow. if i was home today to watch the action i probably may have got out at .044 . the end didn't look good to me.
but on a better note i saw an intaday head and shoulders forming on nvax with the head at $6 over one and a half days so i got out early on that one and banked my profit.
learning everyday,
thanks for your email ,
maxi.....
see you online
I still dont think GLIF is a bad hold Maxi(I'm holding it myself) and that you will see higher than your original trading plan(Maxi was gonna sell around .05) but your original plan had trading efficiency.. anyway I see explosive potential in this chart and I hope we al bank that $ 8)
Way to head out of NVAX on time. (applaud)
good trading 8)
thanks for your analysis eliteG, I have forwarded this to the 3 Pennies board also
applaud of course >:D
cheers & CU tomorrow
Oliver
Quote from: la-onda on October 27, 2005, 05:28:21 PM
thanks for your analysis eliteG, I have forwarded this to the 3 Pennies board also
applaud of course >:D
cheers & CU tomorrow
Oliver
Thx Oliver :)
CU tomorrow
GLIF: The last two candlesticks formed a Bullish Harami Pattern .
Bullish Harami Pattern is characterized by a small white real body contained within a prior relatively long black real body.
For them candlestick people.
PS: I like the symetric triangle too EG! There could be a breakout run in the works tommorow.
:D :D
Hey G man,
Thank you for your posts and your insights.Trading is a game you loose some and you win some.But to interact with people far away, not knowing who they are and what they do.Still share your thought process with them is priceless.Thankyou again
My first post :)
Ready to move in on GLIF. Thank you elite! I appreciate your work on this site.
Question: I'm holding AVNC and thinking to get rid of it since it's been slow and listening today's investor's conference I'm not confident that it will go anywhere anytime soon.
Looking at the chart it looked like a potential G play but then the low of the big candle got broken. Anybody still sees any potential in this?
Quote from: MarketMakerz on October 27, 2005, 07:13:37 PM
GLIF: The last two candlesticks formed a Bullish Harami Pattern .
Bullish Harami Pattern is characterized by a small white real body contained within a prior relatively long black real body.
For them candlestick people.
PS: I like the symetric triangle too EG! There could be a breakout run in the works tommorow.
:D :D
yessiree bob.. Friday could be fun :)
Quote from: moneytalks820 on October 27, 2005, 08:11:10 PM
My first post :)
Ready to move in on GLIF. Thank you elite! I appreciate your work on this site.
thx man.. I hope this play is gliffin big for you :D
Quote from: akclide on October 27, 2005, 07:31:27 PM
Hey G man,
Thank you for your posts and your insights.Trading is a game you loose some and you win some.But to interact with people far away, not knowing who they are and what they do.Still share your thought process with them is priceless.Thankyou again
I guess you hit on why its so confusing around here some time.. I'm goin through the thought process basically in realtime. If you are enjoying it then its all worth it... wait a sec you guys aren't inside my computer?... :D ;D thx ak
Quote from: OneStockMind on October 27, 2005, 08:26:23 PM
Question: I'm holding AVNC and thinking to get rid of it since it's been slow and listening today's investor's conference I'm not confident that it will go anywhere anytime soon.
Looking at the chart it looked like a potential G play but then the low of the big candle got broken. Anybody still sees any potential in this?
hey bro, its got potential check it out.. I made up a quick chart but its got triangulation with support on the bottom.. now it could break either way but based on the last volume push and the location of some indicators I would side with goin higher first.. but now you know where to set a stop, In my opinion that bottom trendline of the triangle or just
below 1.25 previous support ;)
Quote
I still dont think GLIF is a bad hold Maxi(I'm holding it myself) and that you will see higher than your original trading plan(Maxi was gonna sell around .05) but your original plan had trading efficiency.. anyway I see explosive potential in this chart and I hope we al bank that $ 8)
Way to head out of NVAX on time. (applaud)
Quote
thanks eg ,
looks like i will hold glif through tomorrow as i can be at the computer. i banked with nvax so i have little room to manouver.
see you in the am!
happy trading!
p.s. nice quote from sir john templeton
"bull markets are born on skepticisim, mature on optimisim, and die on euphoria."
SRGX...your right...chart doesn't look good yet. And until the contract details are released, it probably will not respond. If this contract is a small one it should boost it some....a big one and the chart will catch your eye. ;D
Your approach is best w/pennies...or any stocks, for that matter...much safer to wait for momo and catch as much of the ride as you can. You look for chart action, volume/PPS spikes, etc., and news is secondary. I look for momo driving news and then examine the chart as I enter and then as the play developes. I do best when I stick to that strategy. It is very similiar to yours, just reversing charts/news. I don't have any chart scanning software, but the news is easy to scan and that's where you can usually get in on the start of the momo anyway. I am always glad to see you in a stock I am in to see what your chart thoughts are.
I feel like you with pennies...and actually most all stocks...forget the long term approach and just catch the momo runs and move to another one. I just occaisionally find a story brewing in one that I just can't seem to resist, like SRGX....and so I've been stuck in it for a couple weeks. ;D I actually thought the news would keep coming and I could get in and out on each run, but that didn't happen. With each one I do this with, I make a resolution to not let it happen again...but only enter when news/momo is in progress and exit when or before it ends...I am getting better. I don't like getting stuck...but I do think SRGX will pan out soon. Anyway....keep it on watch. I think it will come up on your chart screen soon. ;D GLIF still looks great to me. Almost sold in the .04's today when I figured it was loosing steam , but I held on. I've watched it since the last runup to .17 and it can have some wild swings in a days trading. So if there's no new news driving it, I'll be looking to sell on highs and try and reneter lower later in the day...as I feel it should go higher over the next several weeks.
This is a great thread here...getting more good people with great imput all the time. ;D
Hey run, glad to see you in a stock I'm in as well. I have noticed you in some big plays. You must have some good news weeding skills to picks stocks based on that. ;D
With SRGX I just see that it has had it strong thrust move(huge volume and price appreciation) in September and that any move now will be compared to that. Knowing its a pink sheet penny makes strong follow-through on it less likely, imo, but if it can make a huge volume move (6million plus) I'd say its back in play. I read about the contract potential.. looks great.. I'll be watching.
QuoteSo if there's no new news driving it, I'll be looking to sell on highs and try and reneter lower later in the day...as I feel it should go higher over the next several weeks.
thats a great strategy(applaud) just be sure the run up you are selling is not the breakaway, watch the volume to make sure, and remember we are near the end of a triangle so a move here is likely, imo
good trading 8)
Yo G :P
Just a little something to put on the watchlist...
MLAR
Stocks that caught my eyes LFTC,AMRE,WITM,WITM will be great if there is a volume surge to around 1.4+
mornin 8)
Quote from: JMoney on October 28, 2005, 12:50:14 AM
Yo G :P
Just a little something to put on the watchlist...
MLAR
Sup J 8) lets get over 3mill volume and over .05 on MLAR then it might be cooking, imo, thx.
Quote from: akclide on October 28, 2005, 01:51:28 AM
Stocks that caught my eyes LFTC,AMRE,WITM,WITM will be great if there is a volume surge to around 1.4+
LFTC - has potential only after massive volume with a move around the previous run high
AMRE - not even bringing up the chart, I think its headed to 0..
WITM - yep its all about the volume.. looks good
Hey Elite,
I think u brought LBTN up yesterday to watch and that may have further potential. It has news this a.m.
It went up 142% yesterday with great volume, so i guess some people new this release was coming.
2005-10-28 07:30:01
Lifeline Biotechnologies Successfully Completes Testing of MastaScope Diagnostic Product in China
Business Editors / Health/Medical Writers
RENO, Nev.--(BUSINESS WIRE)--Oct. 28, 2005--
Lifeline Biotechnologies, Inc. (Pink Sheets: LBTN)
today announced that the Company has successfully completed the
testing of MastaScope(TM) at three different hospitals in China. The
MastaScope(TM) product provides sharp, clear, and accurate imagery of
the intraductal breast tissues and abnormalities.
The MastaScope(TM) was tested on 17 patients by Chinese surgeons
under the direction of Dr. Pedro Escobar. Dr. Escobar is a Fellow in
Breast and Gynecologic Oncology at the Cleveland Clinic Foundation.
The surgeons were able to insert the MastaScope(TM), which is a
micro-endoscope, through the patient's nipple so the surgeon can
examine the interior of the milk duct during the examination. Lifeline
Biotechnologies already has been issued the Import Registration Number
by the Chinese SDA, which is the equivalent to the American FDA.
"The MastaScope(TM) was very well received by chief breast
surgeons at the Zheijang Province People's Hospital, as well as the
China-Japan Friendship Hospital and Beijing Third University Hospital.
All the scopes and duct excisions were successful," stated Dr. Pedro
Escobar.
"The completion of the testing of the MastaScope(TM) will enable
us to continue with our strategy in entering the Chinese and Asian
markets," stated Jim D. Holmes, CEO of Lifeline Biotechnologies, Inc.
About Lifeline Biotechnologies, Inc.
Lifeline Biotechnologies, Inc. is a company with innovative
medical technologies committed to the improvement of the quality of
life through exceptional health care systems. These technologies focus
on prevention, early detection, diagnosis and quick recovery of a
number of disease conditions. The company's Cancer Detection
technologies deal with cutting edge innovation to assist practicing
physicians in the delivery of quality medical care. The MastaScope(TM)
is used in the early detection of cancer and other abnormalities of
the breast. The MastaScope(TM) has completed development and has
entered the marketplace in the US and internationally. The First
Warning System(TM) for assisting in the early detection of breast
cancer and the OvaScope(TM) for assisting in the early detection of
ovarian cancer are continuing to be developed by the company. More
information is available at the company's website: www.lbti.com.
can you look at MHOI, showed up on scan 2 nights ago. Been running and needs to come back but chart is going the right way.
Quote from: gmarc66 on October 28, 2005, 08:48:41 AM
Hey Elite,
I think u brought LBTN up yesterday to watch and that may have further potential. It has news this a.m.
It went up 142% yesterday with great volume, so i guess some people new this release was coming.
yep it came up in my scanning :) interesting to see how LBTN.pk does after the news release.. pre news potential is outta the roof, post-news ... eh. Lets see if it jumps up and then craps out :D ;) thx for the news
Quote from: mezz on October 28, 2005, 09:04:29 AM
can you look at MHOI, showed up on scan 2 nights ago. Been running and needs to come back but chart is going the right way.
hey mezz.. volume is a bit lower than I usually play for MHOI. Hard to tell on this one for me but 20 ema is probably a good support zone.. i think there are better plays out there
I'm tryin out a bit of DPHIQ @ .435.. just because it has a lot of volume and a bunch a trades, previous hammer.. seems to be at support..maybe it'll make a run to fill its gap.. its a pinksheet with a Q on its end so I'm not goin big ;)
thats what I thought also G. I like BRVO better. just getting back over the 50dma here but volume is drying up
what about glif,
looks unhappy the first 20 mins..........or maybe thats just me ???
maxi
Quote from: rickjust on October 28, 2005, 09:54:05 AM
what about glif,
looks unhappy the first 20 mins..........or maybe thats just me ???
maxi
maxi how is glif unhappy? its within the triangle on low volume.. just like it should be.. consolidating before a spring out. It hasn't even been down for the day. GLIF is acting by the book. :) today is the day for fakeouts, up or down since we are on a low volume pace
hey eg,
like i said maybe it's just me ::)
i'll go with your analysis .
thanks for the support,
maxi
update DPHIQ:
its stubborn but I think it will make its way higher throughout the day.. if not I'll drop it if it acts weak around .40 cents.. an 8% loss. The gain potential I believe is 100% today, no joke. So far though..its actin like a tough guy.. (say in mob accent)you know what we do to tough guys? we beat um UP ;)
Do you think DPHIQ wants to close the gap first?
GLIF...while there's no new news and volume/momo seems to be lost, from watching it trade on it's downswing from .17, it had drops like this on light volume until it hit the current daily support...and then volume picked up and often moved it big to the upside for the day or at least temporarily. I'm not selling until it gets a volume spike up...it hasn't risen much on the latest news/momo yet and more news should be on the way. I really hate to be out of it over the next few weeks....I feel downside from here short term is minimal, and upside potential is still big....but that's jmho at present. ;D
Quote from: OneStockMind on October 28, 2005, 10:29:15 AM
Do you think DPHIQ wants to close the gap first?
Not sure.. the gap is till .395 which is not that far.. the upward daily gap though 1-2 dollars.. mmm thats bacon :D ;)
I am in. Bought Glif this AM at 0.035. Lets get this party started. :)
Quote from: moneytalks820 on October 28, 2005, 10:47:49 AM
I am in. Bought Glif this AM at 0.035. Lets get this party started. :)
who's bringin the beer? :D
This is what I see in
DPHIQ, a great risk/reward. Now it may not work out but no matter what it was a good risk to take, imo. Still holding.
OK. Filled the gap as I expected. I couldn't wait for that so I'm in at 0.411. Didn't want to miss the potential bacon... Actually, I'm going to have it for sure with eggs now (breakfast time here).
Quote from: OneStockMind on October 28, 2005, 11:12:13 AM
OK. Filled the gap as I expected. I couldn't wait for that so I'm in at 0.411. Didn't want to miss the potential bacon... Actually, I'm going to have it for sure with eggs now (breakfast time here).
:D nice.. yep filled the gap like you thought
Since I played a smaller position in DPHIQ I'm willing to let it go a bit lower.. .38 should be some nice support.. if it breaks .395 ;)
In this world where everything is relative according to Einstein I really wonder what "smaller position" means to you :)
Quote from: OneStockMind on October 28, 2005, 11:20:59 AM
In this world where everything is relative according to Einstein I really wonder what "smaller position" means to you :)
just means extra comfortable size.. less worry, and if she starts up I'm willing to add
--------------
here is a
GLIF chart
Quote from: eliteG on October 27, 2005, 11:53:02 AM
I am not playing anything till tomorrow but this one looks interesting.. check it out 8)
LBTN.pk - looks similar to ADDI's G-pattern breakout a while back.. might be a good overnighter. I think it may have more to give.
it had more to give allright.. up 50% today. I will not be missing a pattern like that again.
boring Friday.. hmm maybe something will turn up
DPHIQ intraday chart
G man have you seen CYBL's action past few days its starting to look filmilar. what do you think?
Quote from: mezz on October 28, 2005, 12:04:00 PM
G man have you seen CYBL's action past few days its starting to look filmilar. what do you think?
very nice chart that I will watch thx.. i'm just not happy about that first tall white candle bein low volume
-----------
this is why market is headed up:
QuoteEconomy Expands at a Strong Rate in 3Q
Fri 11:47AM ET - AP
Economic activity expanded at an energetic 3.8 percent annual rate in the third quarter, providing vivid evidence of the economy's stamina even as it coped with the destructive forces of hurricanes Katrina and Rita.
I do not think this intraday rally will last.. and stocks are setting up for shorts right now
I bought in DPHIQ this morning...at close to the high of day of course!....43 cents. The news sounded good, thought it would shoot up alot quicker.
Elite, how long are u expecting to see results...basically, how long do u anticipate holding this stock?
thanks! GL!
Did u see OXFV running on ULURU news? FCCN also moving from a low point, don't know why.
NANN moving very nicely today, used to be NNNC...remember that guy?
CYOS hit a low, and there is supposed to be some news coming out soon that could move this guy.
CMBV moving too.
Too bad we missed LBTN.
Have fun ;D
thanks
julia
DPHIQ.. eh .. i let it go @ .40 just now because I thought I had seen a change in momentum and then that flipped around.. basically I just hate waiting so thats a bit over 8% loss ;) Stock is free to rise now :D
I noticed some of the stocks you mentioned but they didn't fit my momentum style OXFV just because I dont like stocks lower than a penny usually.
yea LBTN would have been sweet.
thx 8)
I just shorted HOM @ 5.59 >:D
chart looks like it could have weakness.. along with the Nasdaq ;)
Quote from: eliteG on October 28, 2005, 12:30:41 PM
I just shorted HOM @ 5.59 >:D
chart looks like it could have weakness.. along with the Nasdaq ;)
chart
updated GLIF chart (holding well)
WITM up with some volume ;D
Quote from: eliteG on October 28, 2005, 12:27:17 PM
DPHIQ.. eh .. i let it go @ .40 just now because I thought I had seen a change in momentum and then that flipped around.. basically I just hate waiting so thats a bit over 8% loss ;) Stock is free to rise now :D
I'm willing to give some more time to DPHIQ since my entry was pretty low. Do you think there's still a chance for a spike today?
GLIF's bid side is building up. Could be a big close ahead? ::)
Quote from: OneStockMind on October 28, 2005, 01:20:26 PM
Quote from: eliteG on October 28, 2005, 12:27:17 PM
DPHIQ.. eh .. i let it go @ .40 just now because I thought I had seen a change in momentum and then that flipped around.. basically I just hate waiting so thats a bit over 8% loss ;) Stock is free to rise now :D
I'm willing to give some more time to DPHIQ since my entry was pretty low. Do you think there's still a chance for a spike today?
possibly.. maybe its circling around
--------
putting a 10 cent trailing stop on HOM and probably heading out soon.. this ranks up there with most boring day ever
eliteg,
you started a thread on cncn on penny stock picking a while back. did you ever get back in the last week. had quite a run up on news.
Quote from: catrader on October 28, 2005, 01:58:06 PM
eliteg,
you started a thread on cncn on penny stock picking a while back. did you ever get back in the last week. had quite a run up on news.
nope missed my entry around 5.5 cents because ym scan engine was down.. so I remedied that problem.. I wil not be missing those clear plays anymore.
Quote from: eliteG on October 28, 2005, 02:07:00 PM
Quote from: catrader on October 28, 2005, 01:58:06 PM
eliteg,
you started a thread on cncn on penny stock picking a while back. did you ever get back in the last week. had quite a run up on news.
nope missed my entry around 5.5 cents because ym scan engine was down.. so I remedied that problem.. I wil not be missing those clear plays anymore.
ym scan engine, is that stockcharts?
yep
Quote from: eliteG on October 26, 2005, 11:29:08 AM
Quote from: la-onda on October 26, 2005, 11:21:57 AM
hi elite,
thanks for QMMG again; 60% in 2 days just awesome...
hope that GLIF will act the same way in the near future >:D
If anyone is looking for another QMMG.. I think WITM might be setting up. I have not entered. GLIF being shook.. lets see how many apples fall.
As mentioned..l there goes WITM.. hmm ;)
Quote from: la-onda on October 28, 2005, 01:07:52 PM
updated GLIF chart (holding well)
WITM up with some volume ;D
Oliver did you catch it today?
:'( no I didn´t catch WITM yet(reason my little daughter),now it is too late IMO.
I wasn´t able to sold QMMG with the huge profit because of routing problems with my broker ETrade.
Now I am waiting for GLIF >:D >:D
Elite, will you update your GLIF TA?
tia & cheers
Oliver
All these years in market and MMz never fail to impress me! ::)
Did you see the action today?! Phantom (GTC ask side) shares on the ask side all day?
The way they closed GLIF at par with 300 shares? hahaha....What a well crafted piece by them!
My hat is off to them!!! :-\
Have a good weekend everyone specially you elite.
GLIF update - As the triangle squeezes down you want to see volume decrease. We got a doji candle with a big decrease in volume. The TA tells me this is the calm before the storm. We have enough room for maybe one teeny candle but with the huge volume decrease I know from experience.. well I cant say I know.. but there is a good reason to believe that Monday should see a powerful move that breaks GLIF's triangle. :)
On the level 2 today did everyone notice who got the lowest price of the day? DOMS our neighborhood friendly axe was on the bid @ .0322. ;)
So Monday, if we got good volume, I think we're outta here. (By good volume I mean more than 10 million by 10:30.) I may add to my position if the volume pace is outstanding and we have broken .048 or .044. Add fuel to your fire 8)
No targets. To trade you gotta take profits and you gotta protect from loss. Let the newbies dream, let the investors wait... and for the trader on to the next one.
Hello guys,
I'm new here and first i have to say this is a wonderful site....... :D
I'm also in GLIF and hope to see some great action next week.
Can someone take a look at ZFPI. I see a triangle that has broken upwards and this might be a sign.........i guess.Maybe it looks like a g-pattern.
Correct me if i'm wrong cause i'm a rookie and i've to learn a lot..... 8)
Nice weekend everybody,
Greets,
Jerom. >:D
Quote from: jerom on October 29, 2005, 05:40:38 AM
Hello guys,
I'm new here and first i have to say this is a wonderful site....... :D
I'm also in GLIF and hope to see some great action next week.
Can someone take a look at ZFPI. I see a triangle that has broken upwards and this might be a sign.........i guess.Maybe it looks like a g-pattern.
Correct me if i'm wrong cause i'm a rookie and i've to learn a lot..... 8)
Nice weekend everybody,
Greets,
Jerom. >:D
Hey Jerome, Welcome to 3SOF :)
Looked at ZFPI. I see that triangle just broken and I do see a tradeable pattern but in my opinion this volume is low and sporadic. Definately no G-pattern. I really think there are better places for your money ;)
Have a nice weekend 8)
Here is the chart:
Hey Elite, I am a new member and am also in GLIF, I think it is ready to explode myself.. BTW how are you doing on your 1,000,000 goal?
Quote from: MarketRonin on October 29, 2005, 01:57:38 PM
Hey Elite, I am a new member and am also in GLIF, I think it is ready to explode myself.. BTW how are you doing on your 1,000,000 goal?
Hey MarketRonin 8) welcome to the place I call home. Technically, Monday is the day for GLIF, imo ;) lets see if this triangle break comes with some news/pr release.
I'm headed toward the goal, its awesome.. but still got quite some time, I'm having fun along the way. :)
Quote from: eliteG on October 29, 2005, 08:35:38 PM
I'm headed toward the goal, its awesome.. but still got quite some time, I'm having fun along the way. :)
That's whats it's all about, isn't it. ;D Keep up the excellent work, G!
WITM NEWS OUT !
should be fun today..
Wits Basin Announces Results From Assays: Over 1 Oz. per Ton Gold Reported
Monday October 31, 7:00 am ET
Bates-Hunter Gold Mine in Colorado Proves Out Historical Data at Level Sampled
MINNEAPOLIS--(BUSINESS WIRE)--Oct. 31, 2005--Wits Basin Precious Minerals Inc. (OTCBB:WITM - News) is pleased to announce that the fire assay and multi-element geochemical results from the registered assay lab of Actlabs, Tucson Arizona, on 17 grab, channel and muck rock chip samples taken from accessible portions of the 112-foot level of the Bates-Hunter Gold Mine, Central City, Colorado, have been received.
In his report to the Company, consulting geologist Brian Alers reports, "The following assumptions are based on only 17 samples from one level of the Bates-Hunter mine and should be considered preliminary.
The highest fire assay from our sampling, BH-5004 was 1.03 ounce per ton gold and 3.6 ounce per ton silver from a grab sample of a 1-2 inch wide quartz-pyrite vein along the foot-wall of the Bates Vein.
The fire assay results confirm historic grade gold assay values and suggests that the value of intact vein material adjacent to major stopes in the upper portions of the Bates-Hunter mine could be approximately 1 ounce per of gold ton. The average gold assay for 64 vein samples shown on a vein section map for the Bates-Hunter mine prepared by Harry Williamson during the 1930's is 1.141 ounce per ton gold.
The limonitic clay-rich hanging-wall veins and white clay-sercite-pyrite bearing wall rocks did not contain significant gold values.
The preliminary trace element geochemical results indicate that the quartz-pyrite foot-wall veins contain elevated values of Gold (Au), Silver (Ag), Copper (Cu), Arsenic (As), Antimony (Sb), Lead (Pb), and 10-19% Sulfur (S). The limonitic clay-rich hanging-wall veins contain elevated values of Zinc (Zn), Vanadium (V), Phosphorus (P), and Tellurium (Te).
Telluride mineralization was not sampled on the 112-foot level of the Bates-Hunter mine. Only one sample, BH-5001, contained detectable tellurium (19 ppm). This indicates that hanging-wall veins may be a good place to look for telluride minerals, and tellurium values were increasing to the northeast.
The potential for the discovery of high-grade gold ore exists for these three identified potential target types at the Bates-Hunter mine: 1) untouched foot-wall and hanging-wall veins, 2) new undeveloped parallel veins, and 3) gold and silver telluride mineralization."
Additional Level Samples and Continued Rehabilitation
Vance White, CEO states, "These results confirm the presence of gold in the Bates-Hunter Gold Mine. We are working each day to get deeper into the mine where we believe grades may improve. We know that the original miners would have used rudimentary mining and recovery techniques to remove only visible ore or vein material. These so called "old-timers" did not have the benefit of the scientific testing and mining methods available today. This validation of grades on the first level, that was 'picked over' helps us to believe that additional validation should occur as we move deeper into the mine where higher grade ore has been recorded."
The project manager George Otten has worked with our staff geologist Brian Alers to recover additional samples, which are currently being assayed. Results will be released when available. Finally, our chief mining engineer, Glenn O'Gorman indicates continued progress on the dewatering and the rehabilitation towards the third level, which will allow for additional sampling and testing.
Repeating a quote from earlier releases, Wits Basin's CEO, Vance White stated, "We have always believed that the historic reports from this property were valid. The state and local records show that four million ounces of gold were mined from the immediate area surrounding the Bates-Hunter project, which produced in excess of 750,000 of those ounces."
Hi eliteG
Been reading you're threads and I'm impressed :o by you're knowledge within the market place. If you don't mind can you give me you're thoughts on SHRN if you could respond before market opens I would appreciate it. I'm thinking of buying some. Would like to see what you think about the stock.
Press Release Source: Shelron Group Inc
ActiveShopper.com Introduces a FireFox Search Box Plug-in
Monday October 31, 6:00 am ET
FireFox Exceeded 100M Downloads
NEW YORK, October 31 /PRNewswire-FirstCall/ -- The Shelron Group, Inc. (OTC BB:SHRN - News), a leading provider of e-commerce software, today announced that ActiveShopper.Com can be used by FireFox users as a search box plug-in.
The ActiveShopper FireFox Search Box Plug-in allows FireFox users to search ActiveShopper.com directly from their browser, just like they can search Google, Yahoo, and Ebay which come with the initial FireFox installation. The plug-in can be downloaded from ActiveShopper's download page, located at the following URL: http://www.activeshopper.com/download.asp
FireFox creators, Mozilla Foundation, recently announced that they have exceeded 100 million downloads of their browser. This gives Shelron a significant advantage in the distribution and use of ActiveShopper.com's comparative shopping program and tool bar.
This addition complements recent changes in ActiveShopper.com which have made the website fully compliable with FireFox browsers.
"This is our first FireFox initiative and we plan to continue investing and creating more FireFox products, to cater to the growing FireFox user population", commented Eliron Yaron, Chairman of Shelron Group, Inc.
Hey wrangler :) thx for your comments.. like your thread here in the 1,000,000 place too 8)
SHRN - my initial thoughts are I dont like it. I played in Decemeber '04 for a quick gain.. I have tried out their product for quite some time(activeshopper) pretty good. But how will they translate it to profit.. i think that remains to be seen(haven't done much recent digging) also many shares out there and relatively high mkt cap but on the plus side technically long term it has stayed above the huge upswing it had in December. I would get interested if it was around 17 cents or creates another high volume move but here I dont know.
Sorry its all bunched up like that.. trying to rush to the bank.. i'll be back, hope that helps. ;)
bought DCEL 7.06 for possible run into earnings after the bell
I will be selling it before earnings
charts look excellent @ support ;)
stoppin DCEL @ 6.89 I'm not messin around with it.. either I'm right or I'll be wrong a little ;)
Hello elite, GLIF looks to be headed in our direction today!!
ELITE, Here r my plays---HQSM--CGPN--GLIF!!!
Thanks eliteG
Asking a question if you don't mind. Still learning and not sure about selling and buying methods. I've read many times and have read it on this site. They say never buy within the first hour because that's when the feeding frenzy is going on. After one hour the stock will begin to cool off and come back down from the hype that gave it that intital run up. What's you're thoughts on this.
Thanks :)
Quote from: MarketRonin on October 31, 2005, 09:38:58 AM
Hello elite, GLIF looks to be headed in our direction today!!
GLIF is interesting not much volume.. again.. but I cant complain its heading up.. lets see if this still the quiet before the storm ;)
Quote from: MarketRonin on October 31, 2005, 09:40:18 AM
ELITE, Here r my plays---HQSM--CGPN--GLIF!!!
nice 8)
Quote from: wrangler on October 31, 2005, 09:43:51 AM
Thanks eliteG
Asking a question if you don't mind. Still learning and not sure about selling and buying methods. I've read many times and have read it on this site. They say never buy within the first hour because that's when the feeding frenzy is going on. After one hour the stock will begin to cool off and come back down from the hype that gave it that intital run up. What's you're thoughts on this.
Thanks :)
obviously i dont agree totally with that ;) >:D I'll talk about my take when its quieter ;)
Quote from: eliteG on October 31, 2005, 09:35:26 AM
stoppin DCEL @ 6.89 I'm not messin around with it.. either I'm right or I'll be wrong a little ;)
awesome >:D move at resistance but I am holding till near end of day.. I think she can cross 8 today potentially here is the 60 min chart ;D that gave me confidence to buy
So DCEL is oscillating here at resistance, working on the daily chart this latest action could be considered a bear flag.. especially with the low volume. I will definately not be holding over earnings.. almost want to turn around and short just before earnings.. but if we can cross 7.35-7.38 ish we might go on a bit of a run here intraday, and I'll play that because if I'm correct that earnings will be not so good(according to the daily TA) then the MMs will want to short as much as they can for the big payday tomorrow and they will let it rise ;) lets see what happens >:D
still awaiting the break on GLIF.. they're keeping it in there eh?
elite, GLIF, what suspense....LOL
so with this low volume on GLIF we might be able to see a fakeout here.. if that is down I will look to add shares, triangle fakeouts are common and it is the volume that usually tells you what a real move is. If we get it I will look to add under .03... 8)
Quote from: MarketRonin on October 31, 2005, 10:30:58 AM
elite, GLIF, what suspense....LOL
yep :D
elite, I think it will hold within the triangle for now, with a possible run to .04 .042...later.. :)
eliteG,
I'm giving you an applause for all the hard work and time involved. This will be my first buy using a members thread to find a pick. I really like what GLIF has going for them especially in the cervical cancer detection research and beginning to make revenues. Hope this turns out to be a good trade.
Bought 30,000 shares @.036. Hope this storm begins to brew.
Quote from: wrangler on October 31, 2005, 10:41:26 AM
eliteG,
I'm giving you an applause for all the hard work and time involved. This will be my first buy using a members thread to find a pick. I really like what GLIF has going for them especially in the cervical cancer detection research and beginning to make revenues. Hope this turns out to be a good trade.
Bought 30,000 shares @.036. Hope this storm begins to brew.
thank you wrangler :) I hope GLIF works out for you and all of us in it 8)
-------------------------
well I am of course looking for momentum picks and while some stuff looks interesting nothing looks "elite" :D or like "bacon".. but maybe something will turn up today.
DCEL is approaching the 20 ema.. lets see if she can bounce and break.. I'm movin the stop up to break even.
Quote from: eliteG on October 31, 2005, 10:35:01 AM
If we get it I will look to add under .03... 8)
Dont go so fast EliteG. I wont let it go below 0.03. ;D
But seriously I will be loading up too below .03(if it ever gets there)
Quote from: moneytalks820 on October 31, 2005, 11:10:24 AM
Quote from: eliteG on October 31, 2005, 10:35:01 AM
If we get it I will look to add under .03... 8)
Dont go so fast EliteG. I wont let it go below 0.03. ;D
But seriously I will be loading up too below .03(if it ever gets there)
:D hmm I may have to add higher then :D
--------------------
LBTN.pk is still goin.. geez
GLBM.pk may start to look nice after the next consolidation, they are a treasure hunting company(for real)
GLIF, going higher now, .04 and up.............. ;D
Hey elite, did i call that or did i call that!!!
aha...GLIF moving...What a surprise!?! NOT! :) :D >:D
at this point its still a low volume fakeout by GLIF.. as soon as you see those trades pickup and bidders move up.. thats when we'll know. So far nada ;) but up is good :)
moving the stop up on DCEL 7.18..
FASC is looking good.. I'm trying not to buy here at resistance
allright I had been trying to resist it but I had to buy a bit of DIAAF @ .0106
check it out 8)
So basically for reasons on DIAAF:
I like it technically, and specifically today because of the volume. It seems to have had lots of news this month. I like it but I cannot find outstanding shares so no mkt cap so not a huge position for me. But its really moving well here. Lets see if we can get to and over the wall there @ .0120 ;)
moved DCEL stop up to 7.22.. getting ready to let it go by end of day ;)
sold DCEL @ 7.30.. I wanted to take home the gain. Bought in @ 7.06. Sold @ 7.30 +0.24, nice little 3% gain.. thought she might be able to give some more but the longer technical picture is bearish, imo. So I played that 60min inverse head and shoulders and got some cents.. now I wonder how earnings will go. ;)
now for GLIF someone needs to contact management and tell um we got a triangle on our hands and we would like some news released.. right about now :D ;)
techno-theoretically its got to move tomorrow.. or this trianlge I drew dont mean diddly except that I can doodle.
C'mon Gliffy 8)
G man can you give your take on BRVO. Llooks like a rounding bottom here but I know you trade momentum mostly so maybe not your cup o' tea http://tinyurl.com/8vfrw
and then longer term where you can see the possible rounding bottom
http://tinyurl.com/7sx86
Quote from: eliteG on October 31, 2005, 02:23:30 PM
So basically for reasons on DIAAF:
I like it technically, and specifically today because of the volume. It seems to have had lots of news this month. I like it but I cannot find outstanding shares so no mkt cap so not a huge position for me. But its really moving well here. Lets see if we can get to and over the wall there @ .0120 ;)
I see it has been staying above it's 20ema all day. What are you thinking about it past today? I tried to get into it earlier but couldn't get my order filled and didn't want to chase it. Would you think .0113 is still a good entry point since it is sitting right above it's 20ema?
Quote from: mezz on October 31, 2005, 03:10:54 PM
G man can you give your take on BRVO. Llooks like a rounding bottom here but I know you trade momentum mostly so maybe not your cup o' tea http://tinyurl.com/8vfrw
and then longer term where you can see the possible rounding bottom
http://tinyurl.com/7sx86
Hey mezz,
BRVO - may be rounding but its gonna need a lot more data. I see a broadening bottom currently but I even hesitate to say that because I really dont like the low volume now. Its good for consolidation.. butnot for a move, imo. ;) hope that helps.
Quote from: basonista on October 31, 2005, 03:13:23 PM
I see it has been staying above it's 20ema all day. What are you thinking about it past today? I tried to get into it earlier but couldn't get my order filled and didn't want to chase it. Would you think .0113 is still a good entry point since it is sitting right above it's 20ema?
not sure basonista.. I think it may have a big candle in store for us tomorrow so I will be staying in.. but again I am playing this smaller than usual. Most of the momentum plays I chose are not just technically sound for now but also should be good medium-long term. Makes me feel safer. So on DIAAF this could be the beginning of a big move off some nice support and anything below .012-.013 looks fine to me ;)
I'm with you on this one, G. Got a small position filled at .0102. 8)
DIAAF , got some for .011.Good luck to ya'll
GLIF has not had 3 positive days in a row before!!!This could be a first!
end of the month on Halloween Monday... and into nice November. Good Trading everybody, here is an update:
DCEL - movin down after hours.. so that was a good sell.. and would have made a good short >:D
DIAAF - closed nice.. lets see if anybody picks it up on their radar tonight 8)
GLIF - moved higher.. looks like thats the path of least resistance, would like some volume to make that clearer ;)
Let's hope GLIF.OB picks up some volume tomorrow. I'm still in with 263000 shares.
jorgegr
For those of you candlestick junkies..here is the analysis of the recent activity on GLIF.
Today a Long White Candlestick was formed. Long white candle stick combined with long white doji from past 2 trading days is a buy signal confirmation.
Ofcourse we had our buy signal on GLIF waaaaay before. But today candlestick gave us our BUY CONFIRMED signal.
As EliteG said we need volume but watch the volume build up gradually.
We are that much closer to my prediction of $0.25 in 30 days.
GLIFFIN ALRIGHT!!!! HEADS UP!!! AWAY WE GO!!!
I have to ask you Market what is your .25 prediction based on?
Is the 0.25 for GLIF.OB based on TA or just a guesstimate ???
jorgegr
Me?... Guesstimate?! Nah...Never!
It's based on the approximate market cap size for a small cap pharma company with a proven product(as soon as the news regarding cash inflow comes in) and potential to be the next target for a buyout by Merck.
None of you on this site probably know about the research that Merck is doing on cervical cancer. They happen to be looking for a cure for this cancer and we happen to hold on to the best testing method for such cancer.
It just so happen that technical analysis supports my view.
I post this interview with the CEO again for those who missed it the first tme i posted it here (interview was carried out in March of 2005. It could be used to give you a better picture of this company).
_______________________________________
BIO:
Stan Yakatan, MBA, is Chairman and CEO of Grant Life Sciences, Inc. He has over 30 years experience as a chief executive, entrepreneur, and operational manager for biotech and medical companies. He served as an executive and in several instances as CEO with New England Nuclear, EI Dupont, ICN Pharma, New Brunswick Scientific and Biosearch. He has founded or co-founded more than 15 companies in the United States, Canada, Israel, France and Germany and in many cases served as the initial CEO, and Chairman of these companies. He sits on the board of directors of several public and private companies, and has served as an advisor to a number of the world's leading venture capital firms including TVM (Germany), Ventana (USA), MSP (USA) and Biocapital (Canada) as well as to the governments of Australia and Canada.
Company Profile:
Grant Life Sciences, Inc. develops products to improve the efficiency of diagnosing cervical cancer. The Company is developing protein-based screening tests to screen woman for cervical cancer and pre-cancerous conditions. These screening tests analyze blood for the presence of certain antibodies that appear only when cervical cancer or certain pre-cancerous conditions are present. Invasive cervical cancer kills approximately 300,000 women annually world-wide. There are more than 120 million cervical screening tests administered annually in the United States and Europe. But more than 120 million eligible women 20+ years old in developed nations still do not get Pap smears. Globally, more than 1.7 billion women over the age of 20 do not undergo any cervical cancer screening.
Question: Mr. Yakatan, please give us a little background on Grant Life Sciences.
Mr. Yakatan: "The technology behind Grant was begun over two years ago when a scientist from China, working with the University of Utah, teamed up with Dr. Mark Rosenfeld to do some work in cervical cancer. As a result of their initial activities they filed a patent for the use of various amino acids to identify the antibodies that surface when a woman has cervical cancer. They looked at blood and body fluids as opposed to the traditional Pap smear. With their patent applied for, they connected with a local entrepreneur named Michael Ahlin, who today is our Vice President of Development and a Director with Grant, and he provided some initial capital. When the venture capital route proved to be too dilutive, they began working with a brokerage firm here in New York to facilitate a reverse merger with a publicly traded entity to raise capital, which was done quickly and successfully. Then I and several others with a lot of experience were recruited to be the management team, which is where we are today."
Question: What is it that your test can do that others can't?
Mr. Yakatan: "Normally to check cervical cancer, women generally go for a Pap smear, which is considered in the industry to be highly inaccurate. Currently, there is no simple test, where you can just take the blood from a patient and determine by measuring antibodies in the blood whether cervical cancer or cervical cancer pre-cursors are present. We have developed what we believe is the first blood test that does this, and the initial data is extremely compelling."
Question: What is it that your scientists have discovered that hasn't been done before?
Mr. Yakatan: "We've discovered in the literature five or six attempts to identify precursors to cervical cancer through various methods. What our group did is developed a series of oncogenic amino acid sequences. We have characterized them in a way that can be utilized in a standard screening test where the amino acid sequences would truly identify the presence of cervical cancer or cervical cancer pre-cursors in blood or bodily fluid samples. I don't think it's any trick or black magic; I think that we've just been able to do a lot of laboratory work in terms of screening hundreds of different amino acid sequences. We have discovered that a test that we would make for the U.S. market may have a different sequence than a test that we would make for the Indian or Chinese markets because the makeup of the oncogenes that show cervical cancer activity vary in different geographical areas of the world. What we are doing now is working very closely with a partner, Allogen, which is a part of the Cleveland Clinic Foundation, in trying to characterize all of these amino acids. We think that within three to six months, we'll be able to have our initial characterization completed and a product essentially ready to go into clinical trials, both in the United States and in other places in the world."
Question: What's the process and about how long does it take?
Mr. Yakatan: "We think that the longest process for us is the amino acid characterization. What we want to do is a sample collection before we go to any regulatory agency; we then test these samples from thousands of patients in what we call institutional review board programs. We have a few of them already set-up at USC, UCLA, Johns Hopkins and a local hospital in Utah. We've begun an active program to identify 4,000 samples within a six-month period to do the characterization program. So we think it may take two to three months to characterize the amino acids; another four to six months to do the sample collection and process those samples. Then we would begin a regulatory submission. If we are lucky, and I say lucky is the key word, we will be able to file a 510K with the US FDA (Food and Drug Administration) as an adjunct to Pap smears and that process could take three to six months. However, if we have to do a complete product disclosure process, it could take as much as eighteen months to two years. We believe that in the rest of the world we can get a swift approval of our rapid test. We think that once the nine months to a year of laboratory development time and amino acid characterization is completed, we could put a product on the market outside of the U.S. within a year."
Question: Where do you go from here?
Mr. Yakatan: "We're continuing to characterize the amino acid sequences to make sure that we have the right sequences. We are currently developing two products, the first of which is an ELISA (Enzyme Linked Immunosorbent Assay) test which we would file as an adjunct in the United States through the FDA. The second is a rapid test-- a point-of-care test that would be low cost and could serve the more than 1.7 billion women outside of the United States and Europe who normally don't get any type of cervical screening. This probably accounts for over half the world and can be due to religious or economic reasons or just some type of taboo where women don't feel comfortable getting a cervical exam from a physician."
Question: Is there a market for rapid test in the United States?
Mr. Yakatan: "The issue is how imbedded the Pap smear is in the U.S. and whether or not we would be able to get the community to accept a blood test after 50 years of doing traditional Paps. In our early discussions with people in the marketplace as well as the FDA, it's been suggested to us that the best way to get a new cancer test approved is as an adjunct. So, we think that strategically it makes sense to develop an adjunct test for the U.S. market and develop an inexpensive rapid test for the global market."
Question: Do you have enough funding going forward?
Mr. Yakatan: "Our initial capitalization was through a reverse merger were we raised about $1.8 million total. We are now looking for another $3 to $5 million and we think that with that second round of financing, we should be able to complete all of the pre-market activities and get the products on the market."
Question: What is the market potential for your test?
Mr. Yakatan: "In the United States, there are 60 million women who receive routine Paps of some form. Out of that, about 20% get false positives or false negatives, which lead to about 9 million colposcopy procedures; of that, 7 million turn out to be negative. So, we want to focus on an adjunct test where we could reduce the number of colposcopies and save the American health care system over $1.5 billion annually, not to mention eliminating the unnecessary mental anguish some of the false negatives create for our mothers and daughters. We think that the U.S. market alone is about 7 to 10 million tests annually at $25.00 to $30.00 a test. As I said before, the world market outside of the U.S. consists of over 1.7 billion women that have never been screened. We think that for those women, we can develop a test that would cost under $5.00, which is our goal. Then, we would ultimately put that same test on the market in the United States. I was retired for many years from being a CEO in biotech and when the opportunity came to me to look at a novel patented technology that serves an unmet market of over 1.7 billion people, that was enough excitement to get me to come back to work again."
Question: Can you give us an idea of what you are up against in the medical community to gain acceptance for your new approach?
Mr. Yakatan: "The issue is that Dr. George Papanicolaou developed this test about 68 years ago. If you talk to any medical pathologist they will tell you that this is an archaic test that is highly inaccurate. However, it has become well accepted in the community. It is completely reimbursed by the insurance community and if they get a false positive, the patient would then go for a colposcopy, another reimbursable procedure. Unfortunately false negatives are more problematic of course. Just to give an idea of how well entrenched the Pap smear is in the United States, there was a recent article in the N.Y. Times that pointed out that about 12% of the women receiving Pap smears have had hysterectomies. They don't even have a cervix any longer to take a Pap sample from!. Our new medical director, David Bolick, MD, FCAP, MIAC, is one of the most well-known spokesmen in the world for the replacement of the Pap smear. It's one of the reasons we brought David into our fold and he will be speaking at meetings all around the United States on our technology."
Question: What about going directly to women and women's groups?
Mr. Yakatan: "We plan to do exactly that. One of our founders, Michael Ahlin, has been given the responsibility to look into women's groups around the United States and see if we can generate support. It is common knowledge among the medical community that the current process of the cervical examination a very negative and highly invasive experience."
Question: Could you address potential investors; what should they know about the background of the management and the company that would make them want to invest it Grant Life Sciences?
Mr. Yakatan: "We have a very experienced management team. I have 35 years of experience in the biotech world. There are people who consider me part of the old guard. I've run companies like this before and much of the investment community knows who I am and my track record. We have a CFO, John Wilson, who has a similar background and a strong financial pedigree. He was senior banker at Credit Suisse First Boston and prior to that, served as CFO for Hardee's Food Systems, Perrier USA and Bell Canada International. John has served on numerous boards, both public and private. In many of these cases, he was their CFO and did tremendous things for them. We have someone who has 20 years experience in product development ready to join us. In diagnostics we are working with the man who actually developed the rapid test program for Hoffmann-La Roche in terms of developing our rapid test program. We are working directly with the cancer center in China and that's important because China has the highest incidence of cervical cancer in the world. There are approximately 100,000 deaths there a year because of the lack of screening and we are the only company that is working directly with the center. One of our founders, and a continuing consultant to the Company, is a scientific advisor to the center in China and has about ten years experience in the Chinese market. We brought on as a consultant to the company a former high level executive at the National Cancer Institute and he is working with us in terms of government funding and grants. We believe that within the next 2 to 3 months we will solidify a major relationship with an institute in the United States that has the largest W.H.O. grant in the world for this type of work. So, we think that the combination of the experience of the management team, plus the market size and viability of the market are excellent opportunities for investors."
Question: In closing, could you tell us how long do you anticipate it will take for acceptance?
Mr. Yakatan: "The acceptance will be very rapid. We've actually had discussions with the Gates Foundation and other organizations that specialize in finding funding for third world countries and we are just in the early stages of those discussions. In reality, the company as it exists now is essentially two months old. The management team has worked very closely with the founders to pull together all the work that has been done to date and that has been a harmonious relationship."
Nice post M&M's :o :o :o thanks for sharing the research with us. agatto
Quote from: MarketMakerz on October 31, 2005, 07:20:57 PM
I post this interview with the CEO again for those who missed it the first tme i posted it here (interview was carried out in March of 2005. It could be used to give you a better picture of this company).
_______________________________________
BIO:
Stan Yakatan, MBA, is Chairman and CEO of Grant Life Sciences, Inc. He has over 30 years experience as a chief executive, entrepreneur, and operational manager for biotech and medical companies. He served as an executive and in several instances as CEO with New England Nuclear, EI Dupont, ICN Pharma, New Brunswick Scientific and Biosearch. He has founded or co-founded more than 15 companies in the United States, Canada, Israel, France and Germany and in many cases served as the initial CEO, and Chairman of these companies. He sits on the board of directors of several public and private companies, and has served as an advisor to a number of the world's leading venture capital firms including TVM (Germany), Ventana (USA), MSP (USA) and Biocapital (Canada) as well as to the governments of Australia and Canada.
Company Profile:
Grant Life Sciences, Inc. develops products to improve the efficiency of diagnosing cervical cancer. The Company is developing protein-based screening tests to screen woman for cervical cancer and pre-cancerous conditions. These screening tests analyze blood for the presence of certain antibodies that appear only when cervical cancer or certain pre-cancerous conditions are present. Invasive cervical cancer kills approximately 300,000 women annually world-wide. There are more than 120 million cervical screening tests administered annually in the United States and Europe. But more than 120 million eligible women 20+ years old in developed nations still do not get Pap smears. Globally, more than 1.7 billion women over the age of 20 do not undergo any cervical cancer screening.
Question: Mr. Yakatan, please give us a little background on Grant Life Sciences.
Mr. Yakatan: "The technology behind Grant was begun over two years ago when a scientist from China, working with the University of Utah, teamed up with Dr. Mark Rosenfeld to do some work in cervical cancer. As a result of their initial activities they filed a patent for the use of various amino acids to identify the antibodies that surface when a woman has cervical cancer. They looked at blood and body fluids as opposed to the traditional Pap smear. With their patent applied for, they connected with a local entrepreneur named Michael Ahlin, who today is our Vice President of Development and a Director with Grant, and he provided some initial capital. When the venture capital route proved to be too dilutive, they began working with a brokerage firm here in New York to facilitate a reverse merger with a publicly traded entity to raise capital, which was done quickly and successfully. Then I and several others with a lot of experience were recruited to be the management team, which is where we are today."
Question: What is it that your test can do that others can't?
Mr. Yakatan: "Normally to check cervical cancer, women generally go for a Pap smear, which is considered in the industry to be highly inaccurate. Currently, there is no simple test, where you can just take the blood from a patient and determine by measuring antibodies in the blood whether cervical cancer or cervical cancer pre-cursors are present. We have developed what we believe is the first blood test that does this, and the initial data is extremely compelling."
Question: What is it that your scientists have discovered that hasn't been done before?
Mr. Yakatan: "We've discovered in the literature five or six attempts to identify precursors to cervical cancer through various methods. What our group did is developed a series of oncogenic amino acid sequences. We have characterized them in a way that can be utilized in a standard screening test where the amino acid sequences would truly identify the presence of cervical cancer or cervical cancer pre-cursors in blood or bodily fluid samples. I don't think it's any trick or black magic; I think that we've just been able to do a lot of laboratory work in terms of screening hundreds of different amino acid sequences. We have discovered that a test that we would make for the U.S. market may have a different sequence than a test that we would make for the Indian or Chinese markets because the makeup of the oncogenes that show cervical cancer activity vary in different geographical areas of the world. What we are doing now is working very closely with a partner, Allogen, which is a part of the Cleveland Clinic Foundation, in trying to characterize all of these amino acids. We think that within three to six months, we'll be able to have our initial characterization completed and a product essentially ready to go into clinical trials, both in the United States and in other places in the world."
Question: What's the process and about how long does it take?
Mr. Yakatan: "We think that the longest process for us is the amino acid characterization. What we want to do is a sample collection before we go to any regulatory agency; we then test these samples from thousands of patients in what we call institutional review board programs. We have a few of them already set-up at USC, UCLA, Johns Hopkins and a local hospital in Utah. We've begun an active program to identify 4,000 samples within a six-month period to do the characterization program. So we think it may take two to three months to characterize the amino acids; another four to six months to do the sample collection and process those samples. Then we would begin a regulatory submission. If we are lucky, and I say lucky is the key word, we will be able to file a 510K with the US FDA (Food and Drug Administration) as an adjunct to Pap smears and that process could take three to six months. However, if we have to do a complete product disclosure process, it could take as much as eighteen months to two years. We believe that in the rest of the world we can get a swift approval of our rapid test. We think that once the nine months to a year of laboratory development time and amino acid characterization is completed, we could put a product on the market outside of the U.S. within a year."
Question: Where do you go from here?
Mr. Yakatan: "We're continuing to characterize the amino acid sequences to make sure that we have the right sequences. We are currently developing two products, the first of which is an ELISA (Enzyme Linked Immunosorbent Assay) test which we would file as an adjunct in the United States through the FDA. The second is a rapid test-- a point-of-care test that would be low cost and could serve the more than 1.7 billion women outside of the United States and Europe who normally don't get any type of cervical screening. This probably accounts for over half the world and can be due to religious or economic reasons or just some type of taboo where women don't feel comfortable getting a cervical exam from a physician."
Question: Is there a market for rapid test in the United States?
Mr. Yakatan: "The issue is how imbedded the Pap smear is in the U.S. and whether or not we would be able to get the community to accept a blood test after 50 years of doing traditional Paps. In our early discussions with people in the marketplace as well as the FDA, it's been suggested to us that the best way to get a new cancer test approved is as an adjunct. So, we think that strategically it makes sense to develop an adjunct test for the U.S. market and develop an inexpensive rapid test for the global market."
Question: Do you have enough funding going forward?
Mr. Yakatan: "Our initial capitalization was through a reverse merger were we raised about $1.8 million total. We are now looking for another $3 to $5 million and we think that with that second round of financing, we should be able to complete all of the pre-market activities and get the products on the market."
Question: What is the market potential for your test?
Mr. Yakatan: "In the United States, there are 60 million women who receive routine Paps of some form. Out of that, about 20% get false positives or false negatives, which lead to about 9 million colposcopy procedures; of that, 7 million turn out to be negative. So, we want to focus on an adjunct test where we could reduce the number of colposcopies and save the American health care system over $1.5 billion annually, not to mention eliminating the unnecessary mental anguish some of the false negatives create for our mothers and daughters. We think that the U.S. market alone is about 7 to 10 million tests annually at $25.00 to $30.00 a test. As I said before, the world market outside of the U.S. consists of over 1.7 billion women that have never been screened. We think that for those women, we can develop a test that would cost under $5.00, which is our goal. Then, we would ultimately put that same test on the market in the United States. I was retired for many years from being a CEO in biotech and when the opportunity came to me to look at a novel patented technology that serves an unmet market of over 1.7 billion people, that was enough excitement to get me to come back to work again."
Question: Can you give us an idea of what you are up against in the medical community to gain acceptance for your new approach?
Mr. Yakatan: "The issue is that Dr. George Papanicolaou developed this test about 68 years ago. If you talk to any medical pathologist they will tell you that this is an archaic test that is highly inaccurate. However, it has become well accepted in the community. It is completely reimbursed by the insurance community and if they get a false positive, the patient would then go for a colposcopy, another reimbursable procedure. Unfortunately false negatives are more problematic of course. Just to give an idea of how well entrenched the Pap smear is in the United States, there was a recent article in the N.Y. Times that pointed out that about 12% of the women receiving Pap smears have had hysterectomies. They don't even have a cervix any longer to take a Pap sample from!. Our new medical director, David Bolick, MD, FCAP, MIAC, is one of the most well-known spokesmen in the world for the replacement of the Pap smear. It's one of the reasons we brought David into our fold and he will be speaking at meetings all around the United States on our technology."
Question: What about going directly to women and women's groups?
Mr. Yakatan: "We plan to do exactly that. One of our founders, Michael Ahlin, has been given the responsibility to look into women's groups around the United States and see if we can generate support. It is common knowledge among the medical community that the current process of the cervical examination a very negative and highly invasive experience."
Question: Could you address potential investors; what should they know about the background of the management and the company that would make them want to invest it Grant Life Sciences?
Mr. Yakatan: "We have a very experienced management team. I have 35 years of experience in the biotech world. There are people who consider me part of the old guard. I've run companies like this before and much of the investment community knows who I am and my track record. We have a CFO, John Wilson, who has a similar background and a strong financial pedigree. He was senior banker at Credit Suisse First Boston and prior to that, served as CFO for Hardee's Food Systems, Perrier USA and Bell Canada International. John has served on numerous boards, both public and private. In many of these cases, he was their CFO and did tremendous things for them. We have someone who has 20 years experience in product development ready to join us. In diagnostics we are working with the man who actually developed the rapid test program for Hoffmann-La Roche in terms of developing our rapid test program. We are working directly with the cancer center in China and that's important because China has the highest incidence of cervical cancer in the world. There are approximately 100,000 deaths there a year because of the lack of screening and we are the only company that is working directly with the center. One of our founders, and a continuing consultant to the Company, is a scientific advisor to the center in China and has about ten years experience in the Chinese market. We brought on as a consultant to the company a former high level executive at the National Cancer Institute and he is working with us in terms of government funding and grants. We believe that within the next 2 to 3 months we will solidify a major relationship with an institute in the United States that has the largest W.H.O. grant in the world for this type of work. So, we think that the combination of the experience of the management team, plus the market size and viability of the market are excellent opportunities for investors."
Question: In closing, could you tell us how long do you anticipate it will take for acceptance?
Mr. Yakatan: "The acceptance will be very rapid. We've actually had discussions with the Gates Foundation and other organizations that specialize in finding funding for third world countries and we are just in the early stages of those discussions. In reality, the company as it exists now is essentially two months old. The management team has worked very closely with the founders to pull together all the work that has been done to date and that has been a harmonious relationship."
thanks & applaud
both GLIF and DIAAF aren't doing much. Nothing to talk about other than they still look good. Its hard to wait around.. looking to see if anything else is happenin. Sometimes you gotta wait for momentum...
EliteG,
I yesterday bought MZT before earning close. Currently its 0.7, what do you say shall I dump it or shall I wait to minimize my loss. Appreciated all your help.
( Applaud)
- Dhiraj
action on MOTGE is interesting. volume looks ok to be atleast ave today we'll see
glif looks to be headed to .046 today...
Quote from: dhiraj19 on November 01, 2005, 10:24:04 AM
EliteG,
I yesterday bought MZT before earning close. Currently its 0.7, what do you say shall I dump it or shall I wait to minimize my loss. Appreciated all your help.
( Applaud)
- Dhiraj
Ouch man :( if you wanna wait just make sure you set up a stopping point.. other than that I really cant say Dhiraj :-\. What I would do is probably sell it and forget about it ;) I think I see some bacon(finally) to make up for it.. I'll post it when I'm done with the analysis 8)
Quote from: mezz on November 01, 2005, 10:36:35 AM
action on MOTGE is interesting. volume looks ok to be atleast ave today we'll see
it does look nice.. wish there was more volume too ;)
Quote from: MarketRonin on November 01, 2005, 11:05:25 AM
glif looks to be headed to .046 today...
I hope your right, but what is your reasoning. The stock is down right now.
lvl 2 is my reasoning!! and it looks good same as yesterday!!
Quote from: MarketRonin on November 01, 2005, 11:15:47 AM
lvl 2 is my reasoning!! and it looks good same as yesterday!!
I don't think this will be the day we breakout, but it's coming.
What's your take on NVAX today EliteG? thx.
eggman, you will see! ;D
Hi eliteG
responding a little message for dhiraj19 about MZT,what's you're thoughts on message.
Quote from: eliteG on November 01, 2005, 11:13:10 AM
Quote from: dhiraj19 on November 01, 2005, 10:24:04 AM
EliteG,
I yesterday bought MZT before earning close. Currently its 0.7, what do you say shall I dump it or shall I wait to minimize my loss. Appreciated all your help.
( Applaud)
- Dhiraj
dhiraj
It's hard to play the earnings game. Posted a reply to you're message last night that you did on MZT. Did you see it and the chart. Learn from you're mistakes and you will learn to be a better trader. I'm new at trading to but have learned if you see a potential stock to buy and the reason for the rise is because the earnings date is real close, it's a high risk- reward.
Chances are it will drop back down unless earnings is great and usually the price of a stock will rise anywhere from one to two weeks before the earnings release. Those who choose to play the earnings game will watch a stock that will release their earnings about a month before it is to be released and if the stock begins to move up about one or two weeks before release date they will buy into it and sell one or two days before release date because the risk-reward chance is to great. Hope this will help you in you're trading and good luck trading. :)
BIGN - Bought @ .031 and .032.. this should kick off November right >:D
QuoteWEBSITE:
http://www.bignltd.com/
CORPORATE SNAPSHOT:
Biogenerics Limited is a diversified investment venture capital firm and our shares are quoted on (NQB:BIGN); our principal business is focused on exploiting and distributing domestic oil and gas reserves. The domestic fuel market is presently estimated to exceed $10 billion.
Sparked by the Company's recent strategic milestones with Tyche Energy and its Charing Cross gas reserves with Hydro Slotter Corp. and its enhanced oil recovery techniques, along with a number of other opportunities that possess the potential to generate immediate revenue in this arena, our goal is to maximize investment value in the short term and enhance shareholders' equity in the long-term.
"Increasing the production of existing oil and gas wells represents an enormous opportunity," stated Gary Kelley, President and CEO of Biogenerics. "By applying HSC's technology to suitable existing wells, Biogenerics will improve its bottom line, while eliminating the risks of exploration and the costs of installing new well infrastructures. Hydrojet Slotting is a quantum leap forward in the protection of homeland energy security and safety in the 21st century."
Additionally, increasing market awareness of significant activity in oil and gas coupled with government's clear commitment to utilize domestic as the only viable alternative energy source, clearly position Biogenerics as an undervalued investment opportunity among a peer group with growing P/E ratios.
The fundamental element underlying all of our pursuits is a forward-looking idea that has a passion to drive business forward. In line with the Company's sole focus in domestic fuel, the Board of Directors will hold a Special Meeting to consider: changing the name of the company to clearly reflect its positioning in the oil and gas industry. The results of this meeting, of course, will require shareholder approval.
Outstanding Shares (as at May 25, 2005)
224,326,710 common shares
Head Office:
711 S. Carson St.
Suite 4
Carson City, NV 89701
USA
http://www.investorshub.com/boards/board.asp?board_id=2878
I was looking for a G-pattern in a nice G2 stage. I may have found it. Check it out and of course do your DD. 8)
Hey Elite,
what do u think about FFPL, QRVI, CTCK?
thanks..im thinking about FFPL, its at .23 now..not sure it thats still ok?
thanks much!!
julia
Quote from: Se7en on November 01, 2005, 11:45:53 AM
What's your take on NVAX today EliteG? thx.
NVAX is hot, no doubt but lets see what it does when it meets the local high 5.50-6(if it does)
Quote from: wrangler on November 01, 2005, 11:55:53 AM
Hi eliteG
responding a little message for dhiraj19 about MZT,what's you're thoughts on message.
Quote from: eliteG on November 01, 2005, 11:13:10 AM
Quote from: dhiraj19 on November 01, 2005, 10:24:04 AM
EliteG,
I yesterday bought MZT before earning close. Currently its 0.7, what do you say shall I dump it or shall I wait to minimize my loss. Appreciated all your help.
( Applaud)
- Dhiraj
dhiraj
It's hard to play the earnings game. Posted a reply to you're message last night that you did on MZT. Did you see it and the chart. Learn from you're mistakes and you will learn to be a better trader. I'm new at trading to but have learned if you see a potential stock to buy and the reason for the rise is because the earnings date is real close, it's a high risk- reward.
Chances are it will drop back down unless earnings is great and usually the price of a stock will rise anywhere from one to two weeks before the earnings release. Those who choose to play the earnings game will watch a stock that will release their earnings about a month before it is to be released and if the stock begins to move up about one or two weeks before release date they will buy into it and sell one or two days before release date because the risk-reward chance is to great. Hope this will help you in you're trading and good luck trading. :)
I have a feeling dhiraj knew the risk and was trying to sneak one in ;) The earnings trend is a a real strong one. Some stocks rise into earnings and no one can really tell where earnings will take a company.. well sometimes the TA and insider moves helps (see my earnings plays ;))
Good stuff wrangler :)
Quote from: gmarc66 on November 01, 2005, 12:03:50 PM
Hey Elite,
what do u think about FFPL, QRVI, CTCK?
thanks..im thinking about FFPL, its at .23 now..not sure it thats still ok?
thanks much!!
julia
FPPL - I was thinking about but passed becasue it trades so sporadic
QRVI and CTCK - One of my new rules is not trading issues that low in price
hope it helps
good trading
update sold DIAAF @ .0100 (-6%) in order to buy more BIGN. I still think DIAAF will rise.. and probably shortly but BIGN is setup and I really cant miss this G-pattern.
Sorry elite..i meant FPPL!
And can i ask what u bought BIGN at?
FPPL has some very nice block buys...im thinking of getting in it..what do u think?
thanks very much!
julia
Quote from: gmarc66 on November 01, 2005, 12:21:06 PM
Sorry elite..i meant FPPL!
And can i ask what u bought BIGN at?
FPPL has some very nice block buys...im thinking of getting in it..what do u think?
thanks very much!
julia
thats what I thought you meant, FPPL. Its feels risky because of the sporadic chart history, good luck.
Bought BIGN @ .031 and .032 and looking to buy some more.. check this out (i got this from their very nice website:
QuoteHaving Royal Petroleum behind us eliminates the need for any financings which may cause dilution of equity.
http://www.bignltd.com/
EliteG,
Thanks for all your support. Yeah I agree some plays you win some you loose. I won ARTG, TMTA but lost MZT. I didnt even think twice for selling as soon as you told me. What an influence ;D. My cash is locked currently for 2 days from this trade...
- Dhiraj
oh that BIGN quote:
QuoteHaving Royal Petroleum behind us eliminates the need for any financings which may cause dilution of equity.
is from the 0ct 18 press release titled: Biogenerics Announces Financing Plan for the Hydroslotter Roll Out
Quote from: dhiraj19 on November 01, 2005, 12:40:45 PM
EliteG,
Thanks for all your support. Yeah I agree some plays you win some you loose. I won ARTG, TMTA but lost MZT. I didnt even think twice for selling as soon as you told me. What an influence ;D. My cash is locked currently for 2 days from this trade...
- Dhiraj
No prob Dhiraj ;D just hope w all bring in the greenstuff
bign, might grab some here too, waiting for the spread 0.027 x 0.033 to tighten.
Quote from: catrader on November 01, 2005, 01:14:47 PM
bign, might grab some here too, waiting for the spread 0.027 x 0.033 to tighten.
I dont know they might keep this pinky like that for a while..
..off to lunch 8) come on give me a bign gliffin move :D ;)
Who just bought 1,000,000 shares of BIGN?
Who's showing off here, ha? :)
Thanks for your reply elite! ;D ;D ;D
So, i bought some BIGN at .03 instead....ok...now we can get the show on the road! ;D
goodluck everyone
OXFV and CYOS got some news if anyone wants to checkit out. Not sure where OXFV is going..its sitting at .006 on lots of buy action. CYOS is trying to get it going.
good luck all
julia
Where did you set your sell targets(both for upwards and downwards movements) for BIGN elite? Thanks in advance and applaud.
Quote from: moneytalks820 on November 01, 2005, 02:15:20 PM
Where did you set your sell targets(both for upwards and downwards movements) for BIGN elite? Thanks in advance and applaud.
no exact targets but I'm looking for .08-.12 up and to get out with a close below .22ish cents
very interesting action so far..
why would you say they keep the spread on bign at 20% now like 0.025 x 0.031. MM's want shares?
plkc- can it run on merger news? GPS company.
I keep watching GLIF, waiting for it to start heading up. But it won't, and it's gliffin' frustrating. cmon gliffy
hmm I think I'm beginning to change my mind about BIGN and I mean that in a very positive way. I'm reading as much as I can find on it and for once I'm thinking of going long-term. I'll post some of the things I have found(a bit later).. anybody else dig up anything interesting? Any thoughts on BIGN would be helpful(good or bad) :)
hi all,
new here, invested in GLIF and NVAX and love it! Hope you recommend GLIF further on despite of its today´s immobility!?
Elite, Long term on BIGN?
Do u mean we may not see more upwards for awhile?
I thought it was a short term play?
thanks
julia
I'm starting to feel like my portfolio is like that old joke
"How do you keep an idiot in suspense?"
give up?
Have him hold shares of EYII and GLIF.
It's been a boring week for me.
Bob
Quote from: hennes on November 01, 2005, 03:50:28 PM
hi all,
new here, invested in GLIF and NVAX and love it! Hope you recommend GLIF further on despite of its today´s immobility!?
welcome hennes :)
I think
GLIF hasn't violated anything technically yet, wish we could see some volume here.
Quote from: gmarc66 on November 01, 2005, 03:52:17 PM
Elite, Long term on BIGN?
Do u mean we may not see more upwards for awhile?
I thought it was a short term play?
thanks
julia
its long term as I may not be satisfied with as little as 8 cents ;)
Quote from: supergeek on November 01, 2005, 03:57:37 PM
I'm starting to feel like my portfolio is like that old joke
"How do you keep an idiot in suspense?"
give up?
Have him hold shares of EYII and GLIF.
It's been a boring week for me.
Bob
i hear ya :D
Elite and all DIAAF holders....news just out after market close...could cause another run tomorrow...geez i wish i bought on todays pullback.
2005-11-01 16:00:01
Diamant Art Corporation Bulletin: China Bans PVC Plastic Wrappers
News Editors
TORONTO--(BUSINESS WIRE)--Nov. 1, 2005--
Diamant Art Corporation (OTCBB:DIAAF), and its wholly
owned subsidiary, Diamant Film Inc. (http://www.diamantfilm.com) is
pleased to inform that the administration of the Territory of the
People's Republic of China will ban the import and export of PVC
wrappers. For more information click on
http://www.chinadaily.com.cn/english/doc/2005-10/26/content_487847.htm
About Diamant Art Corporation
Diamant Art Corporation, through its wholly owned subsidiary
Diamant Film Inc., has secured a ten-year agreement with Diamant
Plastics Corporation for the exclusive marketing and distribution
rights in the United States, Territory of the People's Republic of
China, Canada, Mexico and the Bahamas to Diamant(TM) film, a non-PVC
food stretch film.
Diamant (TM) film is the world's first plasticizer-free stretch
film based on polystyrene and the first food wrap film that is
environmentally friendly and recyclable. Diamant (TM) film has
recently received the ECO logo certified by the Environmental
Choice(M) Program. The Environmental Choice(M) Program is North
America's leading benchmark of environmentally responsible products
and services. Diamant (TM) film has successfully met the criteria for
both the environmental and performance standards.
Diamant Art Corporation (OTC Bulletin Board:DIAAF)
GLIF consolidated pretty nicely. The wall at .04 is about to come down and WILL come down tommorow.
GO GLIFFFFFFFFFFFFFFFFF!
Quote from: gmarc66 on November 01, 2005, 04:05:14 PM
Elite and all DIAAF holders....news just out after market close...could cause another run tomorrow...geez i wish i bought on todays pullback.
2005-11-01 16:00:01
Diamant Art Corporation Bulletin: China Bans PVC Plastic Wrappers
News Editors
TORONTO--(BUSINESS WIRE)--Nov. 1, 2005--
Diamant Art Corporation (OTCBB:DIAAF), and its wholly
owned subsidiary, Diamant Film Inc. (http://www.diamantfilm.com) is
pleased to inform that the administration of the Territory of the
People's Republic of China will ban the import and export of PVC
wrappers. For more information click on
http://www.chinadaily.com.cn/english/doc/2005-10/26/content_487847.htm
About Diamant Art Corporation
Diamant Art Corporation, through its wholly owned subsidiary
Diamant Film Inc., has secured a ten-year agreement with Diamant
Plastics Corporation for the exclusive marketing and distribution
rights in the United States, Territory of the People's Republic of
China, Canada, Mexico and the Bahamas to Diamant(TM) film, a non-PVC
food stretch film.
Diamant (TM) film is the world's first plasticizer-free stretch
film based on polystyrene and the first food wrap film that is
environmentally friendly and recyclable. Diamant (TM) film has
recently received the ECO logo certified by the Environmental
Choice(M) Program. The Environmental Choice(M) Program is North
America's leading benchmark of environmentally responsible products
and services. Diamant (TM) film has successfully met the criteria for
both the environmental and performance standards.
Diamant Art Corporation (OTC Bulletin Board:DIAAF)
thank you for the quick news update gmarc (applaud) you should start a news service :D
Technically on DIAAF we got an ugly tall red sorta engulfing candlestick but right at support. I would say if DIAAF cracks .012 tomorrow then this news item becomes playable.. otherwise I would watch for manipulation. I sold DIAAF today @ .0100. ;)
NP on the news update :)
Hey u should get the applause for your quick replies to peoples question ;D ;D...ya....think i got to give you another one today ;D....we can never give u enough :D
Ok...so i really like ur answer to my BIGN question ;D...you said:
its long term as I may not be satisfied with as little as 8 cents
Why is it that i can't insert quotes without the whole message being inserted and not just the parts i highlite? I highlight part of the post that i want quoted and inserted in..then i hit 'insert quote' and instead of just my selection..the whole post gets thrown in...why ???
thanks much
julia
so the end of the day update:
DIAAF - sold out @ .0100 a whole penny because with a volume like yesterday DIAAF should get going the next day and when it just floundered around and BIGN came up.. I had to free up $
GLIF is still consolidating..will tomorrow be another (yawn) gliffin boring day?
BIGN is my.. my precious and I'm really happy to start November this way, with this find. On the short term we have what this chart shows: a g-pattern special, a 61.8 % fib retrace bounce, moving avg support, hammer confirmation, flag break..blah blah blah
On the long term BIGN may be a steeply undervalued company. One that I may be willing to hold into next year. The only drawback is that it is a pinksheet stock.. but if the fundamental data is even partially true, we shall see. I continue to dig and I'll post what I find and have found. Let me know if you find something :) Hmm.. maybe David could look at this stuff. Oh here is the chart. Good Trading.
Quote from: gmarc66 on November 01, 2005, 04:27:14 PM
NP on the news update :)
Hey u should get the applause for your quick replies to peoples question ;D ;D...ya....think i got to give you another one today ;D....we can never give u enough :D
Ok...so i really like ur answer to my BIGN question ;D...you said:
its long term as I may not be satisfied with as little as 8 cents
Why is it that i can't insert quotes without the whole message being inserted and not just the parts i highlite? I highlight part of the post that i want quoted and inserted in..then i hit 'insert quote' and instead of just my selection..the whole post gets thrown in...why ???
thanks much
julia
Thanks Julia ;D Everybody here helps me out a lot.. all the questions and comments helps to keep the mind workin.. I mean if you stare at GLIF all day you will lose your mind :D :D
you can try pressing insert quote and then deleting the part you don't need quoted ;)
yes...thanks elite...that is what i do i sometimes...insert the whole quote (as i have no choice ) and then deleting it..but, its so tedioius sometiems when the post is long....so no one else has that problem huh.? it used to work fine...now just gives me a hard time..like most of my stocks ;)
Ok...this might sound silly...but, elite....ummmm.....can u post your pic up? for some reason i'm curious to see what a brilliant chart technician (among other things, of course) sweet, young, funny, polite guy looks like? I know...strange request...if you don't want to..no problem...just say 'Julia...my trading advice and expertise should be enough for you'...hee hee...ok?
thanks ;D
julia
this is the most current picture I have on file ;)
I'll try to get a more current one up.. :D
I don't think a baby picture is what she had in mind. ;)
lol.. funny
I thought that picture looked a bit off..
Thanks for the kind words Julia.. but
Quote'Julia...my trading advice and expertise should be enough for you'
lol..
We should have have a 3SOF meeting/convention/party... hmm and we'll all greet each other by our aliases :D
HA HA HA! ;D
Good one. See I knew you would be cute :)..And you remind me a little of my brother only ur not as hairy. :)
I tried to attach a little video clip but the file is too big it appears..boo hoo.
gotcha!! thanks!
julia ;D
ElietG, it looks like what they say about throwing darts is true!! (Grin) :-)
Anyways can you tell me if this looks like a G,. the chart below is for NNVC:
Hey G man,
I just got home and had a chance to look at your picture,You are just as I had imagined.Only one thing and that is if you do not mind me sayimg so, you need to change your hair stylist.Try parting the hair instead of spiking it apart from that everything else looks perfect.
See, I knew people will be curios to put nick(name) to a face sooner or later (human nature, I'm like that too) so that's why I put my pic up... in case somebody saw me at a local grocery shop - now you know it was OneStockMind :)
The idea to have a 3stocksonfire party is great but as far as I'm concerned I need to make some dough here before I can spend anything on traveling.. With Elite's help and other members it shouldn't be that hard. Cmon GLIF, cmon BIGN, cmon HYRF lawsuit,cmon anything :)
Elite,
I think that pic is cute, but I much prefer the thoughts of the rapping cow....much more impact. Chimps are cute, non aggressive in most cases. Rapping Cows kick @@@ ;D ::) >:D (and make me laugh !!)
RJ
elite,
stop flinging poo at me when i visit you at the zoo
and start flinging some more Gliffin SOF.
Bob
Quote from: starfire on November 01, 2005, 06:31:26 PM
ElietG, it looks like what they say about throwing darts is true!! (Grin) :-)
Anyways can you tell me if this looks like a G,. the chart below is for NNVC:
Never underestimate the darts ;)
NNVC is not an exact G, imo, but its a very bullish chart nevertheless. It climbs on strong volume and then comes back so it will be interesting to see what it does these next few days.
Quote from: akclide on November 01, 2005, 06:44:54 PM
Hey G man,
I just got home and had a chance to look at your picture,You are just as I had imagined.Only one thing and that is if you do not mind me sayimg so, you need to change your hair stylist.Try parting the hair instead of spiking it apart from that everything else looks perfect.
I'm usually gel it and mess it up.. my stylist is fired :D
Quote from: OneStockMind on November 01, 2005, 06:57:45 PM
See, I knew people will be curios to put nick(name) to a face sooner or later (human nature, I'm like that too) so that's why I put my pic up... in case somebody saw me at a local grocery shop - now you know it was OneStockMind :)
The idea to have a 3stocksonfire party is great but as far as I'm concerned I need to make some dough here before I can spend anything on traveling.. With Elite's help and other members it shouldn't be that hard. Cmon GLIF, cmon BIGN, cmon HYRF lawsuit,cmon anything :)
Thats my goal. Make the picks till we all can party. 8)
Quote from: RJ on November 01, 2005, 07:21:36 PM
Elite,
I think that pic is cute, but I much prefer the thoughts of the rapping cow....much more impact. Chimps are cute, non aggressive in most cases. Rapping Cows kick @@@ ;D ::) >:D (and make me laugh !!)
RJ
I agree.. the rapping cow was good but thats not a chimp its a gorilla. I dare you to tell this gorilla its mostly non-agressive. :D
Quote from: supergeek on November 01, 2005, 08:44:13 PM
elite,
stop flinging poo at me when i visit you at the zoo
and start flinging some more Gliffin SOF.
Bob
lol i was about to post when you just posted that
HEY G MAN,
HAVE YOU HEARD OF "FECOF". KEEPS SHOWING UP ON MY RADAR BUT I CAN NOT FIND MUCH ABOUT IT.THANKS
eliteG
what a fan club,I'm impressed. You can always tell a lot about somebody the way people responds to them and you don't even know anybody on 3SOF. This tells me that everybody who does know you for real is really lucky people to know someone that is easy to like and be around. If you believe in angels I bet you are a lot of peoples angels and they don't even know it. May life be good to you in every thing you do here on earth and afterwards.
good luck trading. I also enjoy you're thread very much and this tonight has broken the mold of just sharing trading tips. Made me laugh and relax the brain.
Good night :)
Damn, G, has anyone ever told you that you look JUST LIKE our president?
The resemblance is UNCANNY... ::)
Any more thoughts from anyone on GZFX? They are online with Circuit City now. Commercials should start hitting the airwaves pretty soon. 8)
D'Wheeze
Quote from: akclide on November 01, 2005, 11:12:58 PM
HEY G MAN,
HAVE YOU HEARD OF "FECOF". KEEPS SHOWING UP ON MY RADAR BUT I CAN NOT FIND MUCH ABOUT IT.THANKS
yep FECOF came up yesterday and all I saw in the chart was high volume but no breaking of any resistance.. so I did no further research but def a good one to watch. And when I say watch I mean even if you are not going to play it.. jot it down as one you are going to study, maybe it'll end up teachin us something ;)
Quote from: wrangler on November 02, 2005, 01:57:13 AM
eliteG
I also enjoy you're thread very much and this tonight has broken the mold of just sharing trading tips. Made me laugh and relax the brain.
Good night :)
Thx wrangler :)
Thats great man. We sometimes forget that we are human and not just finely tuned trading machines >:D so I'm glad you got to relax.
Quote from: wheezledick on November 02, 2005, 06:24:53 AM
Damn, G, has anyone ever told you that you look JUST LIKE our president?
The resemblance is UNCANNY... ::)
Any more thoughts from anyone on GZFX? They are online with Circuit City now. Commercials should start hitting the airwaves pretty soon. 8)
D'Wheeze
I couldn't get a feel on
GZFX so I'm just gonna use it study.. watch out for manipulation on this one ;)
Allright for BIGN.pk research I used these links which I would like to share. I am not a fundamental kind of guy but things have potential. Again though the problem is with a pinksheet how do you know if its all real.. maybe more paranoid than normal after those HYRF bastards. So I'm just gonna list the links(thx catrader for the last 2) and see what everybody thinks.. maybe I will quote some important segments:
The BIGN webpage:
http://www.bignltd.com/
Pinksheets.com Financial Reports for BIGN:
http://www.pinksheets.com/quote/finance.jsp?symbol=BIGN
IHUB BIGN board:
http://www.investorshub.com/boards/board.asp?board_id=2878
Free Realtime.com BIGN board:
http://quotes.freerealtime.com/dl/frt/C?IM=quotes&symbol=BIGN&type=MessageBoard
Raging Bull BIGN board:
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=BIGN
Stock Hideout BIGN search:
http://www.stockhideout.com/search.php?searchid=22305
HSM BIGN Board:
http://www.hotstockmarket.com/board/cgi-bin/yabb/YaBB.pl?board=Stockstips;action=display;num=1129218332;start=0
DancesWithBulls BIGN Board:
http://www.danceswithbulls.com/viewtopic.php?t=9698&postdays=0&postorder=asc&&start=0
and finally I will just post the vanilla chart(no TA)
Interesting stock came up on scan DMED. anybody else se this one http://www.americanbulls.com/StockPage.asp?CompanyTicker=DMED&MarketTicker=OTC&Typ=S
company wise may not be much of a company but still digging for info
SWKJ...contract news just out...stock has fallen back to near support level from recent runup, and you know how it can go north fast...I can't get in today, but if you can, you may want to check the open on it and see how it looks. ;D
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2005%5C11%5C02%5C71966561.html%26clientid%3D168%26provider%3DInternet_Wire&symbol=SWKJ
Last one for me today is SHRN. big volume runup few days ago. volume drying up on this pullback. near 200dma and some price support.
SWKJ bidding up....I'd jump in at whatever the open is...past history tells me it will run higher today...looks like a good one day momo play...but jmho ;D
You know it's not good when the market has been open for 20 minutes and my trades makeup the entire volume on glif.
Looking at GLIF it looks to me like some news is expected and everybody's waiting for that before it goes up.
Hey Elite, I was surprised to see your a blanky type of guy.
A great laugh. Thanks
Have a money making day all!
uc.
Elite Glif'er is it possible that we have lift off.
Fingers crossed.
uc.
Quote from: usedcasting on November 02, 2005, 10:19:40 AM
Elite Glif'er is it possible that we have lift off.
Fingers crossed.
uc.
We just crossed the g-spot ;) and volume is picking up on GLIF.. rock on >:D
hi,
finally some movement on glif,
i fell asleep from boredom the last few days . had the alarm set for .04 then hit the snooze button for .047 .........as we say in australia , wakey wakey ;D hands off snakey........ :D
maxi
See! I was going to say in my last post "Now watch, as soon as I post this it will take off".
Should have posted earlier :)
Let's have some fun. Elite, what is your profit taking strategy?
At what levels are you going to take profits and how (I mean 30%, 50%, etc..)
Quote from: OneStockMind on November 02, 2005, 10:29:04 AM
See! I was going to say in my last post "Now watch, as soon as I post this it will take off".
Should have posted earlier :)
Let's have some fun. Elite, what is your profit taking strategy?
At what levels are you going to take profits and how (I mean 30%, 50%, etc..)
no targets onestock, especially when many of us are in this. The only target I can give is
SELL WITH A PROFIT.
Right now this volume is too low.. so this is just a mini-move. ;)
big wall developing at .0500 on lev 2
Now we are Tick Talking!
Go Glif
move on GLIF is still developing, imo. The volume is just starting to come in.. and its poppin up on radars everywhere ;)
wow ate right thru that. good sign IMO :o
The wall appears to be cracking....had to be the last pic of "G"...scared um' .....now, if the gorilla can do this....wonder what the "rapping cow" could do.... :o
hmmm....GLIF moving! Why am i NOT surprised?! :-\
MM, was waiting for you to show to revel in this.
I got out of AMEP too early, but I made a commitment to ride this one all the way.
Bob
Quote from: supergeek on November 02, 2005, 10:50:26 AM
MM, was waiting for you to show to revel in this.
I got out of AMEP too early, but I made a commitment to ride this one all the way.
Bob
Good decision mate. As i told Elite on PM GLIF is about to bring us XMAS a month early!
Happy XMAS! :D
Hey elite...do you think this will crack and go beyond .06 today?
I had a sell order in at .058, but removed it.
Do you think today is the day for maximum movement?
thanks!
Good luck everyone!!! ;D ;D ;D ;D
Also, any more updates on BIGN..thanks again ;D
julia
Buy Volume:3,050,000
Sell Volume:950,000
Someone's been busy loading up GLIF! Why am i NOT surprised!? :D
Quote from: gmarc66 on November 02, 2005, 10:56:01 AM
Hey elite...do you think this will crack and go beyond .06 today?
I had a sell order in at .058, but removed it.
Do you think today is the day for maximum movement?
thanks!
Good luck everyone!!! ;D ;D ;D ;D
Also, any more updates on BIGN..thanks again ;D
julia
I like how you worded that, "Do you think today is the day for maximum movement?"
No I think we can get some more candles on this one.
if you are looking to add or enter.. I would say around the 5-min 20 ema would be the safest.. if
GLIF can fall that far back 8)
BIGN - I still like it a lot and am holding and will probably add on dips. ;)
GLIF 5-min 20 ema is currently @ .466.. coming up on it. ;)
Quote from: eliteG on November 02, 2005, 11:00:18 AM
BIGN - I still like it a lot and am holding and will probably add on dips. ;)
Elite. You are the master but as a follower I sincerely advise you aginast investing in
Pinks!
I do not see any reason why I should explain my case.
ELITE COMPOUND ALL THE WAY TO THE TOP!
Hi Elite,
Do you know the amount of O/S and float for BIGN? I called the company yesterday and they said "someone would return my call", but they haven't as of yet.
Quote from: eggman11 on November 02, 2005, 11:09:10 AM
Hi Elite,
Do you know the amount of O/S and float for BIGN? I called the company yesterday and they said "someone would return my call", but they haven't as of yet.
I wonder why!?! ::)
Take my word for it and try to stay away from pinks. No matter how good their fundamentals look to you or how pretty their charts are. Just stay away from them!
Just my 2 cents.
_________________
P.S: I am gonna have to go and study now. I am at some public library. I am doing my GMAT!YEAHHH!hahaha! Be good to each other and dont smite!(lol...whoever it was that smited me)!
Quote from: MarketMakerz on November 02, 2005, 10:59:22 AM
Buy Volume:3,050,000
Sell Volume:950,000
Someone's been busy loading up GLIF! Why am i NOT surprised!? :D
Hi MarketMakerz,
Could you please tell me where you can find the Buy and Sell volume displayed like that.
Thanks,
Egg
Been trying to find some recent news for reason to spike up GLIF like it has. So far their's none, wonder what's behind the curtain, hiding that caused the spike. Do you know how to check instituional buying to see if they are the reason for it. Thought about entering limit order selling at last spike price it went to @.10 and see if it gets that far.
Good luck everybody and remember don't be greedy I've lost on many trades waiting to get a better price. Onced read from a good book on trading," Take profits religiously". Make a plan with every trade and trade the plan. Someone has this on their profile when you bring up their thread it's very good advise. I will wait out the day to see where it enda and will and will make an exit plan tonight if it doesn't work out I think this will not be the last spike we'll see on GLIF. :)
Quote from: eggman11 on November 02, 2005, 11:09:10 AM
Hi Elite,
Do you know the amount of O/S and float for BIGN? I called the company yesterday and they said "someone would return my call", but they haven't as of yet.
I just got a call from their investor relations dept. They currently have approx. 243,000,000 shares outstanding. He didn't know for sure how many were held by insiders or the amount of shares fully diluted.
Quote from: eggman11 on November 02, 2005, 11:39:15 AM
Quote from: eggman11 on November 02, 2005, 11:09:10 AM
Hi Elite,
Do you know the amount of O/S and float for BIGN? I called the company yesterday and they said "someone would return my call", but they haven't as of yet.
I just got a call from their investor relations dept. They currently have approx. 243,000,000 shares outstanding. He didn't know for sure how many were held by insiders or the amount of shares fully diluted.
That number sounds fine with me.. I feel that everything should be calculated on this one with 400,000,000 shares. The authorized amount. I think we still come out with an undervalued company.
Quote from: eggman11 on November 02, 2005, 11:09:10 AM
Hi Elite,
Do you know the amount of O/S and float for BIGN? I called the company yesterday and they said "someone would return my call", but they haven't as of yet.
this is what I got:
The following is a link to BIGN june unaudited quarterly report:
https://www.otcstockinfo.com/repository/655702/655702_FR14.pdf
which I found here along with other financial reports:
http://www.pinksheets.com/quote/finance.jsp?symbol=BIGN
Coupling this data with this statement from the news item(link):
QuoteBiogenerics plans to primarily fund the hydroslotting expansion with its current cashflow. This is possible since the costs for slotting are returned in an average of 45 days from production. Having Royal Petroleum behind us eliminates the need for any financings which may cause dilution of equity.
http://biz.yahoo.com/pz/051018/88073.html
this is the snapshot from the report:
So I guess now I have to bring up revenue.. in order so that a 7million - 12million mkt cap seems low on BIGN.. let me gather the info.. might take a while ;)
GO GLIF!!!!!!!!!!!!!!!!!!! ;D
Quote from: eggman11 on November 02, 2005, 11:22:01 AM
Hi MarketMakerz,
Could you please tell me where you can find the Buy and Sell volume displayed like that.
Thanks,
Egg
www.advfn.com
Must find the
trades button on top of the page and then sign up. It's free.
BIGN.PK looks like a great find EliteG, I really enjoy this technical setup...
First a big move from .0090 to 0.0470 a few weeks ago... then a normal correction.
Yesterday's candle was a very good signal, and I think that if BIGN manage to close above 0.035, it will have the power to trade new highs on the short term.
Applaud you from bringing this one ;)
Quote from: Ramsburg on November 02, 2005, 12:18:06 PM
BIGN.PK looks like a great find EliteG, I really enjoy this technical setup...
First a big move from .0090 to 0.0470 a few weeks ago... then a normal correction.
Yesterday's candle was a very good signal, and I think that if BIGN manage to close above 0.035, it will have the power to trade new highs on the short term.
Applaud you from bringing this one ;)
Ramsburg, I dont understand why people should invest in PINKS. That's just my personal view ofcourse.Most PINKSHEETS have great stroy behind them but you rarely see them deliver on anything.
Ofcourse you know this better than me or anyone else. I am just wondering what your perspective is on this matter?
I hope all invested in pinks manage to make money.
Quote from: Ramsburg on November 02, 2005, 12:18:06 PM
BIGN.PK looks like a great find EliteG, I really enjoy this technical setup...
First a big move from .0090 to 0.0470 a few weeks ago... then a normal correction.
Yesterday's candle was a very good signal, and I think that if BIGN manage to close above 0.035, it will have the power to trade new highs on the short term.
Applaud you from bringing this one ;)
Thanks Ramsburg ;D I'm putting together everything I can find on the revenue side for this guy.. it will look even better ;) but of course thx everyone for the words of caution on a pinky.. but with the greatest risk comes the greatest reward as well >:D
since GLIF is running without any new info released..as far as I can tell..one way to play this is to wait for that info to be released to sell partial ;) buy the rumor, sell the news
GLIF new highS :o
I can understand the risk/reward concept Elite.
I just see it somewhat unfair to those who get into these stocks(pinkys) and are left holding bags when they realize what management had told them was nothing but a bunch of lies.
I hope BIGN is one of those rare exception. :)
GLIF WALL OF 6 CENTS HAS COME DOWN!!!!!
Quote from: MarketMakerz on November 02, 2005, 12:32:47 PM
I can understand the risk/reward concept Elite.
I just see it somewhat unfair to those who get into these stocks(pinkys) and are left holding bags when they realize what management had told them was nothing but a bunch of lies.
I hope BIGN is one of those rare exception. :)
MM this is not my first time with pinks :) I am not investing, I am trading, I am speculating. I don't trade with all my money in one stock. BIGN seems like an excellent short/medium term opportunity to me. Caution with everytrade, especially in the pinks. 8)
Quote from: eliteG on November 02, 2005, 12:37:34 PM
Caution with everytrade, especially in the pinks. 8)
That's much better. Applaud to you.
Good golly GLIF'in ;D It looks like a breakout.....looks strong so far....who knows where it's going but chart has good upside potential left w/this volume....I'm still holding. ;D
Quote from: MarketMakerz on November 02, 2005, 12:34:07 PM
GLIF WALL OF 6 CENTS HAS COME DOWN!!!!!
Very nice. 8) The GLIF monster is in the house!
60% plus move.. thats gliffin special ;D and worth the wait 8)
we own this >:D
ok to add here glif? are we in g3 now? target 0.2 still what you see?
Quote from: catrader on November 02, 2005, 12:57:56 PM
ok to add here glif? are we in g3 now? target 0.2 still what you see?
The projeted 100% g3 run is to .0902, but g-patterns have been known to go much farther. No targets as stated b4.. Just make sure you take profits. I do not promote buying so far away from support but maybe a 20 ema retrace is doable. Hope that helps.
just awesome
Ok some
BIGN revenue figures:
Quote
Biogenerics Expands on Earnings Forecast for 2006
Friday October 14, 11:29 am ET
NEW YORK, Oct. 14, 2005 (PRIMEZONE) -- Biogenerics Limited (Other OTC:BIGN.PK - News), with its joint venture partner Hydroslotter Corporation, are forecasting a minimum 120 wells to be slotted in 2006.
ADVERTISEMENT
The cost of slotting these projected wells weighs in at approximately US$200,000 per well. With economies of scale, we can reduce those costs. Given that the estimated slotting cost is returned in 30 days, the cash flow outlay to grow is minimal.
For example: The current Grimes, Calif. well, now in production, is forecasted to have a life of 5-10 years. Four additional wells are being slotted in conjunction with the Grimes, each at 5-10 years. The costs and time to slot four wells is 10 to 14 days and will have a 25% reduction in outsourced service charges.
We expect each of our five wells to be tied into the same meter site and expect combined flow at 2,500,000 MCF.
The projected cash flow will cover expenses in 30 days. We then receive net 40% of the flow after costs are repaid. That would register at US$10,000 per day.
Upon each of the forecasted 120 wells in full production, in conjunction with alternate wells coming on stream in 2005, we will have a daily cash flow of US$240,000. Ultimately, these wells will produce US$87,600,000 annually.
For the reason that we are not slotting all available wells, in week one after costs, we expect US$43,200,000.00 in profits for 2006 from the Hydroslotted wells.
Our strategy suggests 10 new wells per month in 2006. In 2007 we expect to double that to 20 wells per month.
Bearing in mind that when dealing with the oil and gas sector, delays may occur, prices may fluctuate, and thereby management accounted for the risk factor discounting the guidance by a factor of 35%.
Biogenerics does not forecast earnings from the New Mexico joint venture in this forecast because it is currently unquantifiable.
Contact:
Biogenerics Limited
Investor Relations
Kathy Bassi
(905) 714-9422
Source: Biogenerics Limited
http://biz.yahoo.com/pz/051014/87892.html
...so steeply undervalued if the market cap is at highend 12 mill. Low because people want to hear actual news and not just guidance on this pink. Also audited earnings would help. Looking for more.. any feedback?
has anyone taken any profits of glif yet? my stake is not that great so looking to sell all at some point but right now not sure when.
elite, GLIF WILL BLOW INTO DOUBLE DIGITS!! WATCH!! .09 IS NOTHING!!
Quote from: eliteG on November 02, 2005, 01:04:22 PM
The projeted 100% g3 run is to .0902, but g-patterns have been known to go much farther. No targets as stated b4.. Just make sure you take profits. I do not promote buying so far away from support but maybe a 20 ema retrace is doable. Hope that helps.
Sold half at 100% gain so riding on free money now. ;D I don't know how many times I've applauded you, G, on your picks and advice but I'll do it again as soon as the hour expires. ;)
On a daily 10-min chart the momentum line is still going up so I don't see it stopping yet.
I saw our friend DOMS .04 on bid and .07 on ask but now I don't see him on either side.
Lunch break?
Does anyone still remember my $0.25 prediction for glif?! Guess it wasnt much of a "guesstimate" was it?! :D
I also predicted that i would not be sitting at "Par" rating by breakeven price for glif. haha...My rating is still sitting in negative land! :'(
it must have been the gorilla picture last night... thats what made GLIF pick today
hmmm if I do the saMe thing on BIGN maybe it'll work too...
Quote from: eliteG on November 02, 2005, 01:48:22 PM
it must have been the gorilla picture last night... thats what made GLIF pick today
hmmm if I do the saMe thing on BIGN maybe it'll work too...
http://www.rallymonkey.com/oldvideo.php
RALLY TIME BABY!!! :D
PS: I should be studying right now... ;D but to heck with that! ;D
Elite...see anything in intraday GLIG chart? ;D
I like the http://www.rallymonkey.com/oldvideo.php
I don't know why your negative MM, but I'll give you a CLAP. ;)
Quote from: runforthedoor on November 02, 2005, 01:57:54 PM
Elite...see anything in intraday GLIG chart? ;D
I see a retest of .055 - .048.. perhaps a good place to add shares. Perhaps run will begin again soon after lunch. 8)
That's what I was thinking too...looks like .057 may have been close enough...green volume coming back in now. ;D
I just sold half my position at .060 no problem
Thanks G.
Quote from: usedcasting on November 02, 2005, 02:18:15 PM
I just sold half my position at .060 no problem
Thanks G.
great trade UC 8) applaud
sold 33,3% @ 0.062 = 65% profit 8)
looking forward to the 2nd half of the day.....
cheers
Oliver
Anyone else notice that GLIF and EYII have been the same price a few times today. Kinda spooky even though hallween is over. The Only difference between the two is over in the gain/loss column and they're almost even for me too except ones green and ones red.
We need the boys from ZGLIF to go over and give the EYII fellows a good kick in the ass!
Keep on GLIFfin'
Bob
wow, as soon as i posted EYII jumped a little, maybe im psycho..umm...psychic, yeah thats what i meant
bob
Ascending triangle on 5-min GLIF intraday chart.
Watch it breaks (hopefully up) at the end of the triangle.
gotta go pick up my lil bro from school..
I'm still holding some GLIF.ob and have added BIGN.pk.
Great day! :o
woohoo 8)
Should we be expecting a gap up at the open tommorow for GLIFin awesome?! Is this really a G pattern?!
I kind of get the feeling you dont really see glif going anywhere and you have unloaded to rescoop below $0.05?! Am I right or wrong?
Common Elite...enlighten us!
Quote from: MarketMakerz on November 02, 2005, 12:24:51 PM
Quote from: Ramsburg on November 02, 2005, 12:18:06 PM
BIGN.PK looks like a great find EliteG, I really enjoy this technical setup...
First a big move from .0090 to 0.0470 a few weeks ago... then a normal correction.
Yesterday's candle was a very good signal, and I think that if BIGN manage to close above 0.035, it will have the power to trade new highs on the short term.
Applaud you from bringing this one ;)
Ramsburg, I dont understand why people should invest in PINKS. That's just my personal view ofcourse.Most PINKSHEETS have great stroy behind them but you rarely see them deliver on anything.
Ofcourse you know this better than me or anyone else. I am just wondering what your perspective is on this matter?
I hope all invested in pinks manage to make money.
Hi MarketMakerz,
I understand your point, but like in everything else, it's just a matter of Money management...
I believe we are all adults here, and we all understand the different risk perspectives behind each of our «trading vehicles»...
For example:
I usually put around 8% to 15% of my total equity in each of my big board positions (Nasdaq, NYSE, AMEX). I put around 5% on penny stocks, sometimes on specific pennies, like some pink sheets, or real underground stocks I put as low as only 2% on it...
That's my personal example, I was not always like that... some years ago, with a lower equity, I was trading a 4 stocks portfolio, with 25% in each position...
Quote from: MarketMakerz on November 02, 2005, 12:24:51 PM
you rarely see them deliver on anything.
Talking about that... take a look at BCIT.PK, already delisted, came from below 0.0020 to 0.0529 on a pretty predictable speculative ride... then, in 2 days it went back to the ground and get delisted... that was like a 30 bagger ride... off course, with lots of risk, that why you should measure your position size on this kind of vehicles...
But I don't disagree with this kind of investments, I just remind everybody not to act if it was a big board stock, and think about the risk / reward ratios...
Best regards ;-)
Sold 1/3 at .060...
ONLY MORONS SOLD THIS IS GOING TO TEENS!!
Ramsburg, That's exactly my point. Thank you for bringing up that example. That's just one of the many many other examples that I have seen over years.
Ofcourse, as you said it, no one should invest any considerable amount of their portfolio into those pinky stocks anyways but overall i find it immoral to lead others into what could potentially mean loss of their investment(no matter how small) for personal gains without a word of caution or providing solid basis just giving them charts and telling them to get in.
I hope BIGN is a success story indeed.
Thanks for taking the time and clearifying your position on pinks!
Hey G man ,
USTT looks like forming a G pattern.What do yo think.
MarketRonin,
if you believe it will go much higher you can just wait and make more money but don't call people that take profits morons because they might give you a smite for that.
Quote from: MarketRonin on November 02, 2005, 03:33:59 PM
ONLY MORONS SOLD THIS IS GOING TO TEENS!!
Hello MarketRonin,
Please don't use CAPS... And please don't call «Morons» to anyone here.
Please, understand that 3SOF is not Yahoo or RB boards.
best regards,
Hey, Ronin, respectfully, hold your tongue...this is not RB and that kind of comment is completely unwarranted...
Please, be civil in the future...
It's nice to see Ramsburg has decided to take residence in the compound today ;)
Quote from: somebody041 on November 02, 2005, 03:42:55 PM
It's nice to see Ramsburg has decided to take residence in the compound today ;)
;D
I was missing the compound a lot (been very busy on the last 2 weeks)...
I must applaud EliteG over and over, for keeping this excelent and infinit thread here on 3SOF.
regards,
Finish strong
GLIF gets picked up on the radar overnite
gap up tomorrow
clear the resistance
run to the teens.
I also applaude you EliteG for some most excellent real-time commentary..
Quote from: akclide on November 02, 2005, 03:37:52 PM
Hey G man ,
USTT looks like forming a G pattern.What do yo think.
Its not a G ak.. check out pg 3 of this infinite thread :D for examples.. I think pg 5 has a bunch too
Quote from: somebody041 on November 02, 2005, 03:42:55 PM
It's nice to see Ramsburg has decided to take residence in the compound today ;)
I agree. Awesome 8)
Quote from: JKN on November 02, 2005, 03:48:10 PM
Finish strong
GLIF gets picked up on the radar overnite
gap up tomorrow
clear the resistance
run to the teens.
I also applaude you EliteG for some most excellent real-time commentary..
Thanks JKN :) I agree that
GLIF is a great candidate for a gapper
Quote from: Ramsburg on November 02, 2005, 03:44:58 PM
Quote from: somebody041 on November 02, 2005, 03:42:55 PM
It's nice to see Ramsburg has decided to take residence in the compound today ;)
;D
I was missing the compound a lot (been very busy on the last 2 weeks)...
I must applaud EliteG over and over, for keeping this excelent and infinit thread here on 3SOF.
regards,
thx a lot Ramsburg ;D great work you have done with the site ;) it'll be great to have you back and trading 8)
Picked up 30k more for tommorow :o ;D
Here's a month chart. Nice day today
I like this volume into the close...gives me a warm fuzzy...
Second highest volume day on record (at least for Scottrades data). I like this action. I really like that the triangle resolved itself in the proper direction.
Quote from: JKN on November 02, 2005, 04:02:17 PM
I like this volume into the close...gives me a warm fuzzy...
Second highest volume day on record (at least for Scottrades data). I like this action. I really like that the triangle resolved itself in the proper direction.
What's not to like about GLIF?! ;D
GLIF looks good....holding all I bought at .026...did not see any intraday reason to sell, though I always think it's best to take some profits off along the way...I just don't always do what's best. ;D Good chance it does well tommorrow, but who knows...some good contract news would help. ;D
This is my first post (I'm rather shy) :) But I decided to take your advice and bought a little GLIF (average price of .032 from two buys). Sold half at .064. WOOOOHOOOOOO ;D
Thanks EliteG for the posts and all the education I'm gaining - not to mention the profit ;D
Now looking at BIGN. Good trading to all.
Good trade Signpro...applaud...with that trading history, don't be so shy. ;D I made 150% last week on GLIF and am up over 100% since getting back in at .026...wish they all went this well....and fast. ;D
Also...there is some resistance in the .06's.....once it clears the .069/.07 area, there should be little resistance left. The last few hours today should have eliminated quite a bit of that resistance. So, if we get a good volume pop in the AM, who knows where it may go. But, as always, I'd like to see some good news as a helpful boost. ;D
:o OK...I see I've been smited again. :o I don't care about my rating, but I would appreciate it if whoever did it would please give me the reason so I can improve my faulty board behaviour. I have only smited once and that was because the person falsely accused me of smiting them....but I did at least tell them I was doing it and why. But if you wish to remain silent, so be it...smite away and enjoy yourself. ;D
RFTD, maybe they don't like you because you've actually made some money here.
Falcon...Looking over the thread, it becomes apparent that there may be others who were smited also....even signpro, with their first perfectly honest and unharmful post...I gave them an applaud and it's gone...geeeeeeesh ::) ;D And looking a bit further, I see Market--- whatever has been smited quite a few times....probably for calling people st*pid for selling. I didn't smite him, but have a feeling someone is on a smiting spree here....oh well, whatever turns them on. ::) ;D
hi,
sold my position at .06 (50% gain!) ;D part of my trading disipline as i posted earlier to "lock in profits:, as i had seen a lot of my trades slip away from lack of dicipline.
so i am a moron, but a happy one ;D
there is always another oportunity to get in ,,,,,,,,thanks elite g for a great pick.
gonna take another look at it tomorrow,
maxi
MarketRonin had 0 smites today before he said "only morons sold" and now he's got -13.
I don't know who gave him smites (I didn't) and he doesn't know it either so he just might gave everybody back to retaliate.
MR, if I'm wrong just say it..
It's not cool to call people morons in big caps because they took profit.
I didn't give you a smite and I will not but I knew the second you posted it somebody will.
Don't get mad - this is not a Yahoo board. You have your chance to make your ratings better (just like MarketMakers did - I hope I'm not talking to the same person with two different nicknames :)
We are a bunch of friends here with a common interest - to make money. MarketRonin had 0 smites today before he said "only morons sold" and now he's got -13.
I don't know who gave him smites (I didn't) and he probably doesn't know it either so he just might gave everybody back to retaliate.
MR, if I'm wrong just say it..
It's not cool to call people morons in big caps because they took profit.
I didn't give you a smite and I will not but I knew the second you posted it somebody will.
Don't get mad - this is not a Yahoo board. You have your chance to make your ratings better (just like MarketMakers did - I hope I'm not talking to the same person with two different nicknames :)
We are a bunch of friends here with a common interest - to make money.
rickjust...applaud...good trade ;D Anytime you sell for a profit, it's good...50% is great. Trading disipline is a must if one wants to survive...still fine tuning mine...getting better, but still a little sporadic. ::) ;D As you said, you can always reenter this stock if it falls back or keeps going up, or you can move on to another one that looks good....but the main thing is to take your profits when you have them...and minimize your losses. ;D
Onestock....your probably right....I'll give you an applaud back also...just for fun. ;D
Cool, run.. There's one for you too.
Let's have an applaud party here. We had a smite party today earlier :)
Quote from: signpro on November 02, 2005, 04:39:57 PM
This is my first post (I'm rather shy) :) But I decided to take your advice and bought a little GLIF (average price of .032 from two buys). Sold half at .064. WOOOOHOOOOOO ;D
Thanks EliteG for the posts and all the education I'm gaining - not to mention the profit ;D
Now looking at BIGN. Good trading to all.
WOOOHOOO ;) What can I say, thats just really great trading signpro(applaud)
Glad to help out ;D
Quote from: rickjust on November 02, 2005, 06:10:37 PM
hi,
sold my position at .06 (50% gain!) ;D part of my trading disipline as i posted earlier to "lock in profits:, as i had seen a lot of my trades slip away from lack of dicipline.
so i am a moron, but a happy one ;D
there is always another oportunity to get in ,,,,,,,,thanks elite g for a great pick.
gonna take another look at it tomorrow,
maxi
man I'm glad you brought it in maxi ;).. I was kickin myself for potentially influencing your hold b4 when you had a nice gain ;) So applaud for a great trade and letting me have some relief :D
Quote from: runforthedoor on November 02, 2005, 06:37:13 PM
rickjust...applaud...good trade ;D Anytime you sell for a profit, it's good...50% is great. Trading disipline is a must if one wants to survive...still fine tuning mine...getting better, but still a little sporadic. ::) ;D As you said, you can always reenter this stock if it falls back or keeps going up, or you can move on to another one that looks good....but the main thing is to take your profits when you have them...and minimize your losses. ;D
excellent thoughts and trading run, Big Applaud, lets catch another ;)
-----------
On the smiting soap opera: I think its pointless because Ramsburg will get um sooner or later.
-----------
Hey RFTD! I like U! I'm going to give you an applause for the one stolen from you ;D...and a few others are getting one too, just to combat the smiter...hey...nobody is going to treat my 3SF buddies that way if i can do something about it ;D
Applause to some great traders on this board ;D
I'm still holding my GLIF for now...i got in at .046..so will see what tomorrow brings...thanks Elite for GLIF!!!
good trading to all,
thanks
julia
G, what do you think about ACHI? Looks like it has bounced off of a trendline and may be ready for another run. Could this ol' girl be back for a little mo? A little momo that is? >:D
Taking profits is a smart thing. Though MMs wouldnt have let all of you (considering the number of retia sellers) retail sellers take easy profits if there was no more to be made.
I have worked with MMz before and I can tell you this is just the begining.
Have your cash ready for more to come. Tommorow is a gapper plus new highs.
Julia :) ;)...I returned the applaud...just for fun ;D and you deserve it for always posting breaking news anyway. I think I've been applauded a bit much tonight ::) but it will make up for some of the smites I've received along the way just for being in the wrong place at the wrong time. I'm still holding SRGX...sorry you sold for a loss... :( I still think it's going up BIG when the contract PR's start rolling out. I do wish I had bought in at .07-8 though...but I didn't think there would be such a delay on the contract news. But the next few weeks should be good I feel. I guess you can tell I like SRGX....I would have sold at .16 if I didn't feel it was going north soon. I'm not holding anything from now on. I don't care how much I like it. ;D JPHC...I really thought it would bounce on the news today...about 3 weeks ago I made a quick double on it from this level. Oh well, if your still in, it seems to go up more lately on days when there is no news, and we are not far from even. Maybe tommorrow. I'm just hoping to break even now...although, they should have their OTC listing complete soon...so I'll look at it tommorrow and see what's cooking. Guess we shouldn't highjack Elite's thread here. ;D Back to HOTSTOCKS...like GLIF...it could have a ways to go....especially w/some good news. ;D
MM...you have worked w/MM's before....can you elaborate a bit...in general about that work, and also on how you feel they are working this stock, or another stock of your choice. I've been trying to get a feel for this MM thing...and can use any useful info anyone can provide. ;D
By you pic, you look a bit young to have alot of MM work experience. ;) ;D
Quote from: runforthedoor on November 02, 2005, 08:25:14 PM
MM...you have worked w/MM's before....can you elaborate a bit...in general about that work, and also on how you feel they are working this stock, or another stock of your choice. I've been trying to get a feel for this MM thing...and can use any useful info anyone can provide. ;D
By you pic, you look a bit young to have alot of MM work experience. ;) ;D
What i meant to say was that i have been MMz victim many MANY times. By now, after losing my shirt, so many times I know when there is pump and dump and when there is real accumulation. Generally speaking, MMz would not let you sell and take easy profits when there is more money to be made. MMz wont let many people easily sell out of their positions when they know there is no underlying solid buyer in the works.
http://otcbbtrader.com/portal/goto.dll?cat=1100&ticker=GLIF
Take a look at the last trade of the day. it's 200 shares. You really think someone put in that 200 share order or that was a part of an odd sized order? I tell you this much...It was not!As someone else pointed (IROD)out, that's a signal indicating MM needs more shares but they don't need to bring the price down.
100 - I need shares
200 - I need shares, but do not take the price down
300 - take the price down to get shares
400 - trade it sideways based on supply and demand
500 - gap the stock, in the direction of the 500 trade
___________
P.S: I am younger than all of you here. That doesnt mean i dont have experience. ;)
HI RFTD!
Thanks for the applause...I think its nice that once in awhile we spread around some good karma and give out some applause, especially after dealing with a bear market and a smite attack...and many here deserve it anyway.
Lost alot on several stocks lately so its great to have GLIF on our side ;D
Good luck with SRGX, probably soon it will start to rock again. Ya, i'm hoping to just break even with JPHC too...hey, maybe we will get lucky and actually make some profits on it..that would be nice. :)
take care and you deserve all your applause ;D
thanks!
julia
hey rick,
i wish i was moron enough to make 50% off every trade. good job! Maybe that'll become the new slang term for awesome trades instead of a half bagger you got a moron. i'm still in with avg buy of .038. Hope it has another multi-moronic day tomorrow. see ya all in the AM
Bob
Julia....hang in there...GLIF looks real good here....and other good ones will come. I'm learning to be patient and wait for the GLIF's....and trying to fine tune my disipline like rickjust above...need more work there. ;D
MM...OK...I understand....and agree with you...on the 200 shares too...I have heard and seen those numbers work that way before. So, are you saying I'm old? >:( I am somewhat old. ;D Is that pic really you...if so, I'll applaud your smile. ;D I'm a little applaud happy today. ::)
Elite...my first entry at .016 the afternoon before the news was based on two things I don't advise to others. ;D
1. I had heard rumors of news coming for a few days...and I'd been watching GLIF since the run to .17 and subsequent fall. I knew I wanted to be ready to buy on good news.
2. On it's way down from .17, it would usually find a bottom for a few days and bounce off that bottom a few times...then go to a lower base...that's what it did when I bought...went to a lower base of .015 or so and started to bounce...so I bought in at ,016, figuring if there was no news the next day, I could get a little bounce anyway...and sometimes that bounce would be as much as 20-30%...but the news came and I just happened to already be in. I sold at .041 when it started falling from the mid .04 highs and bought back in at .026 with the aid and comfort of you and others here ;) and my own feeling it would go north.
Like I said, I don't advise buying rumors...but GLIF was just one I made an exception on after it went to .17 in the blink of an eye last time. And I don't advise calling bottoms or support areas on stocks that are going south either...unless maybe you have watched the stock closely and feel nearly certain of a bounce...but always be ready to RFTD if it does not bounce. ;D ;D
Elite G (applause):
Please make me a frequent 50% profit moron. I'd love it. >:D
I'm still in with GLIF.
jorgegr
Yup! I agree with you RFTD....GLIF is just the start of a green November ;D I'm hanging on by a thread..but I'm hanging on tight!!!
But, I may be a Moron tomorrow and sell my GLIF and rebuy on a dip....wink, wink supergeek ;D
I want to be a Moron all the time....lets do the Moron!!! :) :) :)
I hope this is a Moron month!!! ;D ;D ;D
I hope we all Moron as much as possible;D ;D ;D
I love to Moron :D ;) ;D
thanks!
julia
Quote from: MarketMakerz on November 02, 2005, 08:35:44 PM
[http://otcbbtrader.com/portal/goto.dll?cat=1100&ticker=GLIF
Take a look at the last trade of the day. it's 200 shares. You really think someone put in that 200 share order or that was a part of an odd sized order? I tell you this much...It was not!As someone else pointed (IROD)out, that's a signal indicating MM needs more shares but they don't need to bring the price down.
100 - I need shares
200 - I need shares, but do not take the price down
300 - take the price down to get shares
400 - trade it sideways based on supply and demand
500 - gap the stock, in the direction of the 500 trade
Wow, nice eye. That's a pretty reassuring sign.
Quote from: gmarc66 on November 02, 2005, 09:56:25 PM
Yup! I agree with you RFTD....GLIF is just the start of a green November ;D I'm hanging on by a thread..but I'm hanging on tight!!!
But, I may be a Moron tomorrow and sell my GLIF and rebuy on a dip....wink, wink supergeek ;D
I want to be a Moron all the time....lets do the Moron!!! :) :) :)
I hope this is a Moron month!!! ;D ;D ;D
I hope we all Moron as much as possible;D ;D ;D
I love to Moron :D ;) ;D
thanks!
julia
Man, what a moron. ;) Hoping you'll be a wealthy moron! ;D
Thanks Basonista! I hope i'll be a wealthy moron too!
Like I said...i want us ALL to be Morons!!!
WE have to be as moronic as possible to get what we deserve ;D
Is there any other stock that anyone is looking at that has the ability to make morons of all of us?
thanks!
julia
Quote from: basonista on November 02, 2005, 07:38:04 PM
G, what do you think about ACHI? Looks like it has bounced off of a trendline and may be ready for another run. Could this ol' girl be back for a little mo? A little momo that is? >:D
:D
doesn't look like a momo play here to me bas ;)
Quote from: runforthedoor on November 02, 2005, 08:19:35 PM
Guess we shouldn't highjack Elite's thread here. ;D
Of course I appreciate the comments and questions but yes I appreciate nobody hijacking my thread too... I understand there was lots of excitement today :D but I'm looking to get back to business and on to the next one. ;)
------------------
I guess we have a new word to use now, lol.
Moron - a trader who takes huge gliffin profits.
I'm just thinking if someone new joins up and hears " When the stock hits the
g-spot it'll make
morons out of all of us. No
gliffin joke." what will they think?
Get with the 3SOF lingo. 8)
Quote from: runforthedoor on November 02, 2005, 09:40:34 PM
MM...OK...I understand....and agree with you...on the 200 shares too...I have heard and seen those numbers work that way before. So, are you saying I'm old? >:( I am somewhat old. ;D Is that pic really you...if so, I'll applaud your smile. ;D I'm a little applaud happy today. ::)
Hahaha...no brother! I maybe younger age-wise but i am pretty sure you are just as young in heart.
BTW that pic is not me! Dont get your hopes high lol! :D
PS: I gave you the last applaud of the night. I better watch out for the applaud police. I am pretty sure this last one i gave you was illegal :D...It's ok though since GLIF is doing good and most on this board own GLIF...So everyone should be happy! ;D
Quote from: somebody041 on November 02, 2005, 10:00:42 PM
Wow, nice eye. That's a pretty reassuring sign.
Reassuring it is! ;)
The great thing about it is that tommorow is Thursday NOT friday.
HEADS UP!!!AWAYYYYYY WE GO!!! ;)
2 charts to leave you with:
Hey everybody
This thread is working now. Reply button was gone but it's back up now. Let's see some replys on GLIF. Still holding mine
What you think elite ,is GLIF going higher. Still undecided about when to sell and how shares iI might sell. was thinking of selling half at .072 and that would make remainding shares a free ride into profit land and see how far it might go. Good luck everybody :)
I think we have to be cautious with these penny stocks. Giving a target can really kill it and panic can set in, yes its possible. So I did not disclose when I sold part yesterday, and I'm not going to give any targets. The goal is to take profits period. Be a crazy profit taking machine. :)
Will be looking to take profits today,Thanks elite always for you're insight.
Good luck to all
to one and all,
thank you guys and gals for all the glif and every other report. dont post much at all but do alot of reading :) i think all you are wonderful and respect iss one reason i like this place of learning. go glif. >:(
handyman
sorry about the angry look it was suppose to be ;D. still learning.
handyman
Adding GLIF today. This thing belongs to double digits. ;D
Quote from: handyman on November 03, 2005, 09:15:34 AM
sorry about the angry look it was suppose to be ;D. still learning.
handyman
There is something called the Modify button with which you correct your mistakes! ;D
Ditto EliteG... I would definitely sell half as protection, don't get greedy. That's just me, I am quick on the trigger with pennies.
For guidance on what to do, I watch the volume/price action. If we have an early volume surge, I would expect the pps will rise accordingly. If we break yesterday's highs, we'll likely see a run. In that case, I would keep watching for break's of today's high and looking for strong volume with each new surge. If you see that volume starts to fall with a price increase, I would start selling. If we don't break to new highs early, I'll probably sell the remainder of my shares and look to buy back in in the next few days. If I miss a move because I got faked out, so be it. There are more stocks out there...
PS. Never kick yourself over missing a move, just learn from it. We don't have much history with this stock. If this has been a technically based move (I can't find news...yet), I would expect profit taking.
JMHO...
Quote from: eliteG on November 03, 2005, 08:59:03 AM
I think we have to be cautious with these penny stocks. Giving a target can really kill it and panic can set in, yes its possible. So I did not disclose when I sold part yesterday, and I'm not going to give any targets. The goal is to take profits period. Be a crazy profit taking machine. :)
I guess what I'm trying to say is I'm worried about everyone selling at the same time.
I do believe
GLIF will see higher prices. The move yesterday came without news. I think we may continue to rise in anticipation of that. Of course it doesnt hurt that the technicals are solid ;)
Quote from: eliteG on November 03, 2005, 09:23:35 AM
I guess what I'm trying to say is I'm worried about everyone selling at the same time.
With the kind of action I saw yesterday before the close I am pretty sure MMz would be glad if we all sold at once ;)
your 5-min intraday horizontal support on GLIF, if needed 8)
GLIF Lev 2 show ask building at .07 and .08 so maybe they expect it to go there. but Im always the optimist
VYST - volume isn't in yet but watching for a possible move, news out
I appreciate any lev 2 updates, as I don't have it now...clap. ;D
Quote from: runforthedoor on November 03, 2005, 09:48:51 AM
I appreciate any lev 2 updates, as I don't have it now...clap. ;D
I use http://quotetracker.com/....free Level II, free real-time quotes, free time/sales table, including pre-market and AH charts...all free :o
Thanks...I'll check it out. ;D
Quote from: dcrlin on November 03, 2005, 09:57:28 AM
Quote from: runforthedoor on November 03, 2005, 09:48:51 AM
I appreciate any lev 2 updates, as I don't have it now...clap. ;D
I use http://quotetracker.com/....free Level II, free real-time quotes, free time/sales table, including pre-market and AH charts...all free :o
i use quote tracker too and have level 2 but i don't see anything for glif. are you signed in to a trading account ?
thanks
max
Elite,
What is happening to BIGN? :o
Quote from: rickjust on November 03, 2005, 10:03:38 AM
Quote from: dcrlin on November 03, 2005, 09:57:28 AM
Quote from: runforthedoor on November 03, 2005, 09:48:51 AM
I appreciate any lev 2 updates, as I don't have it now...clap. ;D
I use http://quotetracker.com/....free Level II, free real-time quotes, free time/sales table, including pre-market and AH charts...all free :o
i use quote tracker too and have level 2 but i don't see anything for glif. are you signed in to a trading account ?
I just put in symbol GLIF into portfolio, just like any other stocks, right click symbol, you'll see a menu, then choose level II.
thanks
max
Runforthedoor, there is now alot on the bid at .05 so if we get down there I am hoping the demand picks up and we bounce...
?
I just put in symbol GLIF into portfolio, just like any other stocks, right click symbol, you'll see a menu, then choose level II.
thanks
max
Quote
Quote
hi,
i tried that and the screen opens but there aren't any bids or asks. i can do it with other stocks . that is why i am wondering if you are signed into your acoount ,top right hand corner where it says site.
looks like buyers coming in now for glif . thinking of re-entering.
maxi
hi,
i tried that and the screen opens but there aren't any bids or asks. i can do it with other stocks . that is why i am wondering if you are signed into your acoount ,top right hand corner where it says site.
looks like buyers coming in now for glif . thinking of re-entering.
maxi
Quote
Sorry, I don't understand 'signed into your account'. You could send email to
[email protected]. You'll get answer in a just few minutes. :)
Hi 3SOF trading community
Seemed like to me it was stalling around .060 so I decided to sell GLIF all shares @.059. Still it was over 50% profit for me. I'm happy ;D taking that kind of profit.
eliteG ,you are one mean,lean trading machine. >:D
Thanks a million
Good luck to all still holding
Quote from: wrangler on November 03, 2005, 10:31:13 AM
Hi 3SOF trading community
Seemed like to me it was stalling around .060 so I decided to sell GLIF all shares @.059. Still it was over 50% profit for me. I'm happy ;D taking that kind of profit.
eliteG ,you are one mean,lean trading machine. >:D
Thanks a million
Good luck to all still holding
Good trade. Though i think you are set to lose the biggest leg of the race. I t6hink it would have been wise to keep some of that position. MMz want retail shares.
hi,
back in at .056 . bid and ask at the opening price . looks set to move . gotta go to work,
good luck all holding.
Quote from: MarketMakerz on November 03, 2005, 10:36:39 AM
Quote from: wrangler on November 03, 2005, 10:31:13 AM
Hi 3SOF trading community
Seemed like to me it was stalling around .060 so I decided to sell GLIF all shares @.059. Still it was over 50% profit for me. I'm happy ;D taking that kind of profit.
eliteG ,you are one mean,lean trading machine. >:D
Thanks a million
Good luck to all still holding
Good trade. Though i think you are set to lose the biggest leg of the race. I t6hink it would have been wise to keep some of that position. MMz want retail shares.
Don't get why you feel compelled to reply to Elite G posts.
Don't like it!
Quote from: DannyOhad on November 03, 2005, 10:05:09 AM
Elite,
What is happening to BIGN? :o
low volume(.29 was hit by 10,000 and .27 hit by 1000 shares the rest of the volume today is above that) and no technical damage. Lets see if we can end the day with a hammer. I will most likely add to my position. ;) I'll update the chart sometime today.
Quote from: wrangler on November 03, 2005, 10:31:13 AM
Hi 3SOF trading community
Seemed like to me it was stalling around .060 so I decided to sell GLIF all shares @.059. Still it was over 50% profit for me. I'm happy ;D taking that kind of profit.
eliteG ,you are one mean,lean trading machine. >:D
Thanks a million
Good luck to all still holding
thx wrangler, nice trade :)
I'm out another 1/3 at .057, 60% gain. Holding the last 1/3 shares I got at .029.
ACUP, GSHN, HRAI adn NNVC moving well.
julia
Quote from: JKN on November 03, 2005, 10:50:54 AM
I'm out another 1/3 at .057, 60% gain. Holding the last 1/3 shares I got at .029.
Thirds are a great way to do it and feel comfortable, nice trading :)
Quote from: gmarc66 on November 03, 2005, 10:56:56 AM
ACUP, GSHN, HRAI adn NNVC moving well.
julia
HRAI looks pretty strong, right under resistance if it can break that.. should motor on through ;)
NNVC is having a great rise but a very weak one volume-wise.. I would say if anyone is holding this might be a good time to let go of at least partial ;)
HQSM developing very nice here.. I am not in it..yet but I know David has been following it. If the volume comes in on a move up, check it out 8)
PTSC - mooving big on news 8)
eliteG, could you give your view on NGEN?
Poorman has opened a topic on the stock picking board now!
http://www.3stocksonfire.org/trading/index.php?topic=3417.0
Tia!
Quote from: Se7en on November 03, 2005, 11:11:25 AM
eliteG, could you give your view on NGEN?
Poorman has opened a topic on the stock picking board now!
http://www.3stocksonfire.org/trading/index.php?topic=3417.0
Tia!
Hey Se7en.. I just remembered now about your previous post about NGEN.. I just looked at it. Sorry I dont see anything special and lots of resistance. Volume will be above avg but nothing crazy. I would wait on this one. Hope that helps 8)
Quote from: eliteG on November 03, 2005, 11:03:30 AM
Quote from: JKN on November 03, 2005, 10:50:54 AM
I'm out another 1/3 at .057, 60% gain. Holding the last 1/3 shares I got at .029.
Thirds are a great way to do it and feel comfortable, nice trading :)
Quote from: gmarc66 on November 03, 2005, 10:56:56 AM
ACUP, GSHN, HRAI adn NNVC moving well.
julia
HRAI looks pretty strong, right under resistance if it can break that.. should motor on through ;)
NNVC is having a great rise but a very weak one volume-wise.. I would say if anyone is holding this might be a good time to let go of at least partial ;)
HQSM developing very nice here.. I am not in it..yet but I know David has been following it. If the volume comes in on a move up, check it out 8)
I like HQSM a lot it has been consolidating in the mid .40's and is getting ready to breakout. the company has high insider holdings (65-70%) and secured $70M in financing for the growth of therir company without dilution.
They just issued a press release announcing their appearance on the Money TV show the week of 11/19 to discuss 3Q earnings and to announce an important future development.
IMHO 3Q earnings must be looking good, beacuse if they were bad you would not want your CEO to discuss them on TV. The announcement could be that they are planning to move to the American Stock Exchange (The location of the interview will be on the ASE floor. Hmmmmmmmmmmmmmmmm
Hi EliteG,
I'm a new member, DNAG moving with volume today, what's your opinion ,time to buy now?
Thanks.
cc1120
update:
BIGN - gettin some volume action.. watch it close >:D
GLIF - looking strong to me on the intraday.. lets see if it can start a new run ;)
Quote from: eggman11 on November 03, 2005, 11:25:58 AM
I like HQSM a lot it has been consolidating in the mid .40's and is getting ready to breakout. the company has high insider holdings (65-70%) and secured $70M in financing for the growth of therir company without dilution.
They just issued a press release announcing their appearance on the Money TV show the week of 11/19 to discuss 3Q earnings and to announce an important future development.
IMHO 3Q earnings must be looking good, beacuse if they were bad you would not want your CEO to discuss them on TV. The announcement could be that they are planning to move to the American Stock Exchange (The location of the interview will be on the ASE floor. Hmmmmmmmmmmmmmmmm
HMMMMMMMMMMMMM Indeed! Good stuff eggman (APPLAUD) very interesting indeed 8)
Quote from: la-onda on November 03, 2005, 11:30:11 AM
Quote from: eliteG on November 03, 2005, 11:10:22 AM
PTSC - mooving big on news 8)
you are invested?
nope.. I will consider an overnight position though
Quote from: cc1120 on November 03, 2005, 11:30:56 AM
Hi EliteG,
I'm a new member, DNAG moving with volume today, what's your opinion ,time to buy now?
Thanks.
cc1120
Welcome cc ;) DNAG has a nice shape to it huh? It might be safe with a nice stop because its close to support but I would hold-off for now I am not convinced on this stock yet 8)
I was thinking the same as Eggman about HQSM...which leads me to think we might see a runup to the interview.
I hope that HQSM is not considering a reverse split to bring the SP up for the Amex. I think they require $1. Whatever, I just hope they don't pull a GTEL to GTE move.
Lev2 @ 9:26 if you need it
Free level 2 at this site for anyone who wants it.
http://www.allstocks.com/level2quotesotcbb.html
Level II is free here too.
http://www.otcbb.com/asp/Info_Center.asp
Volume is starting to pick up on HQSM in the last 20 minutes,
Quote from: eggman11 on November 03, 2005, 12:50:46 PM
Volume is starting to pick up on HQSM in the last 20 minutes,
Yep, someone gobbled up 90k shares between .44 and .45 cents. This is a bigger single trade than any in the last week. This could be the start of the move.... :) Bid now .441, ask .45. Good luck all.
It's good to finally see a little action on HQSM. Been sitting on it since 10/19. :)
This is shaping up to have what we are looking for but volume is really drying up compared to ave. http://charts.mrswing.com/en/index.php?l1=8&symbol=onsc&ChartType=candle&overlay1=ema&o1p1=9&o1p2=20&o1p3=50&overlay2=bol&o2p1=10&o2p2=20&o2p3=50&cSize=medium&per=Daily&months=2&indicator1=rsi&ap1=12&ap2=26&ap3=9&indicator2=macd&bp1=12&bp2=26&bp3=9&volume=none&srtype=intermediate&srlines=off&alllabels=on
Hi everybody!
Hope all is going well ;D
The Smiteman (or woman) I know is attacking many of you, so if u notice someone's applause rating dropping for no good reason..please applaud them...i know most of you are doing that anyway..right on ;D
I did notice that Setravis seems to be getting alot of smites and his applaud rating has dropped...could everyone just chip in some so he get his applause rating back up to where it should be? He provides us with alot of great picks and he definitely should not be smited :D
Happy trading everyone...and I'm still holding GLIF..not really sure at this point when to sell?
Any ideas?
Smiteman..whoever you are...we're gonna get ya! BOO! lol
thanks very much
julia
One of my long-term holdings - HEC.
Up today and all the technical indicators look good. This could be a good stock for the winter.
Anybody has opinion about HEC?
Wow, stepped away for a bit to actually get some work done and GLIF takes a big hit, anyone got any insight into whats going on right now, guess i shoulda been a moron and sold at 50%.
Pardon my ignorance...apparently I am not as well-versed in 3SOF protocol as some.
What is a smite? A smiley character perhaps? and how do I applaud?
I looked in the help section and didn't find anything...
TIA
Kent
Hi JKN... a smite is a feature on the left under the applause bottom that is available to members who haver posted at least 50 times. A smite is the opposite of an applause, if you don't like what they said or how they are behaving..etc, you can smite then once every hour, although its not to be abused. However, there is someone who is going around and smiting people just to be a pest. Boring :)
So, at this point until you have at least 50 points you cannot applaud or smite anyone yet. But, that may be changed soon due to the freak who is going around and misusing his smite privledge.
Ok...i'm not a moron in the 3sf sense, cause now i am holding GLIF at a loss..how did that happen...I desperatley wanted to be a moron!
hope everyone else was a moron :)
thanks and good luck everyone
julia
WOW, was it the pofit taking that brought down GLIF liek that ?? ??? :-X
Quote from: REALDEALS21 on November 03, 2005, 02:51:03 PM
WOW, was it the pofit taking that brought down GLIF liek that ?? ??? :-X
it could be a shakeout.. we'll see if it recovers quickly. Technically I would like it to close above .40ish cents. This momentum hit may take a few days to walk off for GLIF but its maintaining various fibonacci retracements ;)
Well it definitely wasn't Julia or me doing the profit taking obviously.
Does anyone even pay attention the ratings here? I always just monitor members picks to figure out whether or not I should consider what they have to say.
Just my opinion.
Bob
GLIF -- I sold half of my original purchase for@ a 55% gain yesterday. 8)
Still sitting on the other half (@.0365) and 19,900 bought today (@.056).
Still hoping for a rebound from the dive this afternoon. It's been hard hanging on. :-\
Thanks gmarc... I've read many of your postings, you certainly don't deserve to be smitten. Hey, maybe we should subject all the SOF members to a psych test...bad idea...
Ok, somewhere in the depths of my feeble recollection is something about reaching a 50 post milestone. Here's to post # 35.
I have learned, am still learning, and will probably be taught the moronic lesson many times in the future...
This is why trading never gets boring...you never finish your lessons !
Kent
GLIF 2 steps forward one step back.
The last run GLIF made was from .018 to .51 and then came back down to .025, and then consolidated in the mid .03's before this last run-up to .066. It will probably consoildate in the .04's and low .05's intil it makes it's next move up and we break through .066. A lot of the selling is probably due to traders that jumped in late yesterday and early today hoping for new highs right away. They should be reporting revenues in the near future. One positive note is that volume is a lot lower today then it was yesterday
Thanks for the encouraging words, Eggman. ;D
I'm going to try to tough it out and see where we go tomorrow.
Sometimes you just have to have nerves of steel! :P
I had to leave mid afternoon...volume had died on GLIF...I don't like dead volume, especially after a stock has runup on good volume...so I sold all at .056...still looking to maybe reenter before next news or if it picks up green steam. ;D Two trades on GLIF in the last 5 days or so for about 270% profit. ;D I see volume picked up after I left...looks like it went down and has maybe found a new base in the low/mid .04's....hmmm...It's still on my radar....still has alot of upside potential imho. ;D
Quote from: runforthedoor on November 03, 2005, 03:56:26 PM
I had to leave mid afternoon...volume had died on GLIF...I don't like dead volume, especially after a stock has runup on good volume...so I sold all at .056...still looking to maybe reenter before next news or if it picks up green steam. ;D Two trades on GLIF in the last 5 days or so for about 270% profit. ;D I see volume picked up after I left...looks like it went down and has maybe found a new base in the low/mid .04's....hmmm...It's still on my radar....still has alot of upside potential imho. ;D
Good for you! How is this of our intrest though? ::)
setravis has posted ENDE 2 days ago; today + 60%
http://www.3stocksonfire.org/trading/index.php?topic=3358.new#new
any comments from your side?
price target?
O.
Quote from: la-onda on November 03, 2005, 04:16:08 PM
setravis has posted ENDE 2 days ago; today + 60%
http://www.3stocksonfire.org/trading/index.php?topic=3358.new#new
any comments from your side?
price target?
O.
Its a nice move eh? had to applaud setravis. Oliver I dont have a feel on this one for any targets. It came up on my screen today below .03 and I let it go.
still invested in GLIF?
I am still holding 66 % of my GLIF shares :-[
cheers
Oliver
Quote from: JKN on November 03, 2005, 03:10:08 PM
Thanks gmarc... I've read many of your postings, you certainly don't deserve to be smitten. Hey, maybe we should subject all the SOF members to a psych test...bad idea...
Ok, somewhere in the depths of my feeble recollection is something about reaching a 50 post milestone. Here's to post # 35.
I have learned, am still learning, and will probably be taught the moronic lesson many times in the future...
This is why trading never gets boring...you never finish your lessons !
Kent
thanks JKN :)...but i hope u mean smited...and not smitten...i don't mind being that ;D ;D
And i was not the kind of moron i wanted to be...im still holding GLIf..unfortunaltey at a loss now. >:(..i'm mad at myself for not being woman enough to be a moron....i hate when that happens!!!
Hey Supergeek...we have to get it right....we can sell..make profits..then rebuy on pullbacks..then sell...then make profits...then rebuy on pullbacks...then sell..then make profits..etc, etc...etc....image if we did that...we would be very, very moronic with a capital M! :)
Maybe we're just Masochists...that's the wrong M word :D
Applaud to those of you that took your profits...nice going! Its good to see peoples post that they sold and took profits...teaches me a good lesson..i need it to be repeated over and over again...so i can get it thru my thick skull ;D ;D ;D
But,...anyway..good luck to the rest of us GLIF holders....the green will hopefully come back some time soon.
julia
update:
GLIF - I am hold a tiny % of my original GLIF position. I will let it go if we close beneath the blue support line in the chart. I will continue to follow GLIF once I am out. It may offer some great opportunities until the end of the year.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8096%3Cbr%20/%3E*%20GLIF%2011-03-2005%20002.JPG)
--------------------------------
BIGN - Very bullsih action on BIGN. I entered this play on the flag break and its has put in 2 days of support candles above the flag. I think .025ish will make for a strong bottom and a close north of .035ish and she may fly. The last trade was a 100 share lot and supposedly that means I need shares in MM talk. So watch BIGN for early momo.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8098%3Cbr%20/%3E*%20BIGN%2011-03-2005%20001.JPG)
-----------------------------------
HQSM - I had to buy some today. Its a nice triangle with diminishing volume as it consolidates. We have seen first hand that this is bullish(GLIF). I did not open up a big position as I am still waiting for the volume to tell me whats going on. David is following it in his penny portfolio.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8097%3Cbr%20/%3E*%20HQSM%2011-03-2005%20001.JPG)
-----------------
..and then finally I have to address how this thread, EliteG Infinite Compound Project, is turning into a chat room. Its great talking with everyone and hearing other traders but this thread was not designed with the purpose of being a chat room thread. This thread is basically my trading journal. Ideas, info, questions and picks... and occasionally my craziness.
I will be starting a new thread here <EliteG Infinite Compound Project II> shortly as this thread is kinda difficult to go through for back info.
Thanks everybody for the support :)
**I will be locking EliteG Infinite Compound Project up from replies until tomorrow morning so that everyone can see this message. Sorry for the inconvenience. Thanks for understanding.
Hey Elite ... what do you think of NYFX? Big runup overnight ... closed @ 3.42 ... bid this morning is 6.
G, have you thought about having 2 seperate threads? Have an EliteG Infinite Compound Project and an EliteG Chat Room. Then you have a place to keep track of your stuff and give us your profound wisdom and another area where the rest of us can discuss your EICP stuff.
Just a thought....
Quote from: twodachsie on November 04, 2005, 08:36:15 AM
Hey Elite ... what do you think of NYFX? Big runup overnight ... closed @ 3.42 ... bid this morning is 6.
hmm I'm not seeing that bid @ 6? (maybe my lvl2 is not right) I dont usually play any pinks that are so high in price.. but I will watch it and learn ;)
Quote from: basonista on November 04, 2005, 08:40:26 AM
G, have you thought about having 2 seperate threads? Have an EliteG Infinite Compound Project and an EliteG Chat Room. Then you have a place to keep track of your stuff and give us your profound wisdom and another area where the rest of us can discuss your EICP stuff.
Just a thought....
Well I guess we sorta got that going now with the
momo room started by run ;) Thx for the support basonista.. i dont know if its profound wisdom I just thought it might be useful to have it a bit focused 8)
Thanks for looking at NYFX, Elite. The $6 shows up as bid in my Ameritrade extended quote. Maybe I'm misunderstanding what it really means. The free lvl 2 I have access to only show yesterday's action. Got to invest in some better tools. :-\ Anyway, I'm a big fan. Learning lots. Hope I can begin contributing some ideas worth $$$ soon.
From Basonista...G, have you thought about having 2 seperate threads? Have an EliteG Infinite Compound Project and an EliteG Chat Room. Then you have a place to keep track of your stuff and give us your profound wisdom and another area where the rest of us can discuss your EICP stuff.
I thought about that also...might be a good idea....to have one thread for your posts only on stocks/charts your in or see potential in, and another thread for discussion. It would streamline your stuff and make it easier to read quickly. I think it's a good idea to ponder. Discussion could get difficult to follow in the momo news thread. ;D
Quote from: runforthedoor on November 04, 2005, 09:25:38 AM
From Basonista...G, have you thought about having 2 seperate threads? Have an EliteG Infinite Compound Project and an EliteG Chat Room. Then you have a place to keep track of your stuff and give us your profound wisdom and another area where the rest of us can discuss your EICP stuff.
I thought about that also...might be a good idea....to have one thread for your posts only on stocks/charts your in or see potential in, and another thread for discussion. It would streamline your stuff and make it easier to read quickly. I think it's a good idea to ponder. Discussion could get difficult to follow in the momo news thread. ;D
Sounds like a good idea then.. I'll get it going over the weekend 8) thx guys
I like the idea of two seperate threads, Maybe you should keep this one as the open thread, since it already kind of is and start a new one that is locked with your own trade journals.
HQSM is breaking out. nice volume early on. We could see new highs today.
Elite,
Not as many others, I did not sell GLIF at the .06 highs.
Do you think there is a chance for another takeoff today?
Thanks,
Ohad
Time to start the chant...
GO GLIF GO! GO GLIF GO!!!!
Hmmm, not working so far. At least it's holding support...
Quote from: eggman11 on November 04, 2005, 09:52:28 AM
I like the idea of two seperate threads, Maybe you should keep this one as the open thread, since it already kind of is and start a new one that is locked with your own trade journals.
HQSM is breaking out. nice volume early on. We could see new highs today.
I'll probably start 2 new threads and close this one up, it was a great experiment, lol.
HQSM is looking nice.. lets see if the volume really starts to come in as people dont want it to get away from them ;)
Quote from: DannyOhad on November 04, 2005, 09:57:02 AM
Elite,
Not as many others, I did not sell GLIF at the .06 highs.
Do you think there is a chance for another takeoff today?
Thanks,
Ohad
It would show a lot of strength if it does come flying back today but it may take a few days to walk off the shock. It is showing a possible bottom on my intraday screens. But remember you have to decide where your cutoff point is too just in case 8)
like bas says go glif go ;)
Hi eliteG
Got an alert on CORI hitting it's 52 week low. New orders comming in for it's secure software programs. what do you think? Look at last paragraph of the news article. Would add chart but stockcharts.com is having problems. thanks G :)
Press Release Source: Corillian Corporation
Corillian Reports Third Quarter 2005 Results
Thursday November 3, 4:07 pm ET
New Deals, Strong Sales Pipeline and New Products Position Company for Growth
PORTLAND, Ore.--(BUSINESS WIRE)--Nov. 3, 2005--Corillian Corp. (NASDAQ: CORI - News), the top provider of online banking, bill payment and anti-fraud solutions to leading financial institutions, today reported financial results for the third quarter ended Sept. 30, 2005.
Revenues for the third quarter were $11.9 million, compared to $12.3 million for the second quarter of 2005. Net loss for the quarter was approximately $60,000, resulting in a net loss of ($0.00) per diluted share, compared to net income of $2.1 million and diluted earnings per diluted share of $0.05 in the second quarter of 2005. Net income before amortization of acquisition related intangible assets for the third quarter was $161,000, resulting in net income of $0.00 in diluted earnings per share, compared to Corillian's guidance of diluted earnings per share of $0.02 to $0.05 in the third quarter of 2005. A reconciliation of GAAP results to pro forma results is provided as part of this press release.
Cash and investment balances at the end of the third quarter were $27.3 million, compared to $39.4 million at December 31, 2004. This reduction is attributable to cash used to acquire InteliData Technologies Corporation and qbt Systems, Inc.
"Despite disappointing revenue and income results, we are pleased with the success we've seen in closing three new customer deals in the quarter, including a top 50 U.S. bank. The third quarter yielded more new deals than we have closed in any quarter since 2002," said Alex Hart, president and CEO of Corillian. "Our core revenue backlog grew by $800,000 in the third quarter, the first sequential increase in backlog since Dec. 2004. In addition, during the first few weeks of the fourth quarter, we added Bank Leumi, the second largest bank in Israel, and we are currently working on more than a dozen active deals, several of which are expected to close by year end."
Quote from: wrangler on November 04, 2005, 11:45:49 AM
Hi eliteG
Got an alert on CORI hitting it's 52 week low. New orders comming in for it's secure software programs. what do you think? Look at last paragraph of the news article. Would add chart but stockcharts.com is having problems. thanks G :)
Thats not my style. New 52 week low means stay away to me. You will have scared investors selling, imo.
Thanks eliteG
Sounds like good advise to me.
Have a great trading day. Something to look at and research.
Tm Bioscience Corporation (CV:TMC) Announces Test For Multiplex Detection Of All Major Human Respiratory Viruses Including Avian Flu (H5N1) And SARS
TORONTO, Nov. 2 /PRNewswire-FirstCall/ - Tm Bioscience Corporation , a leader in the commercial genetic testing market, today announced that it has developed an upper respiratory viral panel that detects all of the major human respiratory viruses, including H5N1 (Avian Flu) and SARS Corona. The test was developed within the framework of a collaboration with researchers in Dr. Jim Mahony's lab at McMaster University in Hamilton, Ontario, Canada that was announced on May 9th of this year. The prototype is currently undergoing optimization and will begin clinical evaluation in the coming weeks. Tm is in discussions with regulators, including the FDA, on preparing IVD submissions for expedited review.
"I am very excited about this new test and its ability to rapidly detect all major human respiratory viruses including Avian Flu and SARS corona. This now makes it possible to replace conventional lab tests, which are laborious and often take several days or weeks to produce a definitive result. It provides physicians with a diagnosis much earlier than conventional tests thereby improving patient management for infected individuals. More importantly however, this test could play a major role during an outbreak or epidemic by clearly identifying infected individuals early in the outbreak and limiting the spread of virus in the community. The test will also assist public health authorities to avoid false alarms by determining which specific virus, if any, is present in a patient who is presenting flu symptoms," said Dr. Jim Mahony, Director of the McMaster University Regional Virology and Chlamydiology Laboratory and President of the Pan American Society for Clinical Virology. Dr. Mahony's lab played a major role in the development of the test by providing the genetic sequences for the probes and primers to build the test and assisted in establishing key test parameters for the detection of the individual viruses. His lab continues to work with Tm Bioscience to assess performance characteristics of the test using clinical specimens.
Tm Bioscience plans to launch successive versions of its Upper Respiratory Infectious Disease Panel over time. The first version of the panel, which detects and differentiates among various strains of Respiratory Syncitial Virus (RSV), SARS Corona Virus, Parainfluenza and Influenza Virus A/B including H5N1 (Avian Flu), is undergoing optimization and will be available for evaluation by hospital based laboratories and reference laboratories in early December. Subsequent versions of the test will be expanded to include additional viruses and may identify specific mutant variants of the H5N1 virus that are capable of human-to-human transmission or that develop Tamiflu(R) resistance.
"Each year our public health system is challenged with a wide and ever-changing variety of viral infections. Our Tag-It(TM) technology is a proven and flexible platform ideally suited for rapid and accurate detection of specific viral strains in a clinical setting," said Greg Hines, President and CEO of Tm Bioscience. "With the critical need for tools to identify and contain the spread of novel virus strains that threaten to become epidemics, we have accelerated our development program for this product significantly and have commenced discussions with regulators, including the FDA, about submissions for expedited review."
Mid-day update:
We must remember that Friday selling pressure exists. Some traders either do not like to hold over the weekend or just want to book profits. Friday also has lower volume which increases the ability of a stock to move either way.(high volatility) Many traders leave early.
GLIF - The blue trendline was pierced and we may close underneath. The lower black line may present a good buying opportunity if this were to occur. If we can close above it is possible that Monday GLIF stats lifting higher.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8236%3Cbr%20/%3E*%20GLIF%2011-04-2005%20001.JPG)
----------------------------------
BIGN - Nothing much to report because of the low friday volume. I believe next week this will make at least a short run because I feel it is hinting that in this formation and volume it is showing. Above.035 and its gone.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8237%3Cbr%20/%3E*%20BIGN%2011-04-2005%20001.JPG)
----------------------------------
HQSM - An intraday break of the daily triangle pattern with some volume. I would like HQSM to close above .048 to show it really wanted to break out of the triangle. The higher the close the better she looks for Monday and the rest of next week. I think HQSM will be poppin on traders charts over the weekend. There seems to be plenty of good info out there.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8238%3Cbr%20/%3E*%20HQSM%2011-04-2005%20001.JPG)
----------------------
trade it good 8)
DNAG, AOOR
These 2 would have given a nice quick profit and I let um go. I wanted to post this because I like to look back at these technical patterns and try to figure out why I did not pull the trigger. Hopefully I can then fix the wiring in my head so that I can buy next time :D
NNVC
one that I let go(a while ago).. I still wouldn't have entered it yesterday on the low volume but it is something to learn from.
Of course it is not possible to buy every momo stock.. but some of them do signal ahead of time and its those that signal and have a safety factor involved that we want to catch. ;)
Notice how the stocks I'm following right now: GLIF, HQSM and BIGN have just come out of a tight pattern(consolidation). This makes me feel safer in case I decide to get out.
Well I just felt like ramblin these notes down. 8)
I don't think anyone responded last time, but I just want to point out again that you should read the GLIF SEC filings. There seem to be warrants for an issuance of up to 190 million shares at .011/share. I could be wrong, but this is how I interpretted it... just be aware and do your DD (if you're into that stuff... if you're just trading on trend - good luck) :)
Sorry.. here is the link:
http://biz.yahoo.com/e/050906/glif.ob8-k.html
Here is the quote:
"As of August 30, 2005, the average of the three lowest intraday trading prices for our common stock during the preceding 20 trading days as reported on the Over-The-Counter Bulletin Board was $0.021 and, therefore, the conversion price for the secured convertible notes was $0.011. Based on this conversion price, the $2,000,000 Notes, excluding interest, were convertible into 190,476,189 shares of our common stock."
thx for this information owen(applaud)
I am trading wholly based on the technical pattern but this is of course good to know about. I don't have enough experience with fundamentals to properly weigh this issue but my initial thoughts were that the conversion is far off.. and not of concern to short-term traders.
I believe there is no bearing of .o11 on the current price.These are secured notes that are callable and will not come due for 3 years.Basically if company can not perform than the investors will have the option to recieve the stock at this price or something like that.
Quote from: akclide on November 04, 2005, 02:44:43 PM
I believe there is no bearing of .o11 on the current price.These are secured notes that are callable and will not come due for 3 years.Basically if company can not perform than the investors will have the option to recieve the stock at this price or something like that.
thx ak.. yea looking it over I see less and less impact.
Quote from: owen654321 on November 04, 2005, 02:21:25 PM
I don't think anyone responded last time, but I just want to point out again that you should read the GLIF SEC filings. There seem to be warrants for an issuance of up to 190 million shares at .011/share. I could be wrong, but this is how I interpretted it... just be aware and do your DD (if you're into that stuff... if you're just trading on trend - good luck) :)
Sorry.. here is the link:
http://biz.yahoo.com/e/050906/glif.ob8-k.html
Here is the quote:
"As of August 30, 2005, the average of the three lowest intraday trading prices for our common stock during the preceding 20 trading days as reported on the Over-The-Counter Bulletin Board was $0.021 and, therefore, the conversion price for the secured convertible notes was $0.011. Based on this conversion price, the $2,000,000 Notes, excluding interest, were convertible into 190,476,189 shares of our common stock."
With the stock trading at .05 the conversion price would be .025 which would be 80,000,000
shares.In three years, who knows where this stock will be. It's yearly high is aprroximately a $1.00. With Revenues strating this in this quarter qho know where this stock would in 3 years.
If the stock is $3 the conversion price would be $1.50 for atotal conversion price of 1,300,000 shares. If the companies decides not to pay off the notes.
Quote from: eggman11 on November 04, 2005, 02:56:17 PM
With the stock trading at .05 the conversion price would be .025 which would be 80,000,000
shares.In three years, who knows where this stock will be. It's yearly high is aprroximately a $1.00. With Revenues strating this in this quarter qho know where this stock would in 3 years.
If the stock is $3 the conversion price would be $1.50 for atotal conversion price of 1,300,000 shares. If the companies decides not to pay off the notes.
Thx egg, so that would probably have a negative impact on the stock in 3 years then?
What about the warrants @ .45?
thx.. I'm learning fundamental analysis here ;D
Securing the funds needed for its operations was the biggest concern of the management over the summer. Now, most often you see penny stocks have difficulty rasing cash for their operations and to face this problem they start issuing new stocks.
The situation was different here at GLIF land. Management's solid connections and their solid product line gave GLIF little problem rasing the needed cash through a bunch of investors(New Millennium Capital Partners II, LLC, AJW Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners, LLC) by sale of $2,000,000 in callable secured convertible notes (the Notes) and stock purchase warrants (the Warrants) to buy 7,692,308 shares of our common stock.
Not rocket science.
This management team knows what they are doing. Unlike many other penny stocks.
Your view on this is interesting MM... I'm glad you made the edit though.
Quote from: eliteG on November 04, 2005, 03:01:40 PM
Quote from: eggman11 on November 04, 2005, 02:56:17 PM
With the stock trading at .05 the conversion price would be .025 which would be 80,000,000
shares.In three years, who knows where this stock will be. It's yearly high is approximately a $1.00. With Revenues strating this in this quarter who know where this stock would in 3 years.
If the stock is $3 the conversion price would be $1.50 for a total conversion price of 1,300,000 shares. If the companies decides not to pay off the notes.
Thx egg, so that would probably have a negative impact on the stock in 3 years then?
What about the warrants @ .45?
thx.. I'm learning fundamental analysis here ;D
The warrants are for.45 that about a 1,000% premium from where we are now.
They expire in 5 years.
The fact that the lenders would accept warrants for that big of a premium, tells me they must have a lot of faith in GLIF to move the stock price to t least .45 for the warrants to be worth anything.
I would love it if they would be able to exercise their warrants, because the stock would have to be above .45 and that would be a 10-bagger from these levels and I would have a huge profit.
Note: It all says in that document: All the notes and warrants exercised cannot equal more than 5% of the total outstanding shares, with only about 60M shares outstandings right now, that means that would only be able to convert 3M shares.
Eggaman, you made my job that much easier. Appluad!!!
Hey G man,
My take on knowing the fundamentals.Long term good,short term not so good.Most of the stocks that we talk about in momentum trading.We will never trade if we start lookin at the fundamantles.So if you have success in the way you are trading than stick to it and don't make your life complicated.
Quote from: akclide on November 04, 2005, 03:34:02 PM
Hey G man,
My take on knowing the fundamentals.Long term good,short term not so good.Most of the stocks that we talk about in momentum trading.We will never trade if we start lookin at the fundamantles.So if you have success in the way you are trading than stick to it and don't make your life complicated.
I very much understand your concern ak ;) Its just great to be able to analyze the fundamentals in case it ever becomes an issue. But of course your right, for the short term momentum plays its 99% about the charts for me. Candlesticks, lines and volume bars. 8)
Friday 11/04/2005
End of Day update:
-------------------------------------
GLIF - great close.. it really makes that blue line look like strong support. This may just zoom back... next week is gonna be interesting eh?
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8245%3Cbr%20/%3E*%20GLIF%2011-04-2005%20002.JPG)
-----------------------------
BIGN - ended the day with a nice lower shadow but otherwise an uneventful low volume friday. I'm waiting for volume to tell me which way this wants to go. The formation it is in, a flag break and an inverse H&S bottom, should takeoff with a break of .035.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8246%3Cbr%20/%3E*%20BIGN%2011-04-2005%20002.JPG)
-----------------------------
HQSM - broke the triangle and closed allright. It didn't get enough attention on a Friday to be able to hold the higher prices it saw through the day but thats ok. I believe this one is headed higher and soon and if it falls back it will show support. Lets see what next week holds.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8247%3Cbr%20/%3E*%20HQSM%2011-04-2005%20002.JPG)
-----------------------------
Have a great weekend everybody! 8)
Relax so we can kick some @$$ next week.
Thanks for the info/interpretation on the notes. That 196 million number at .011 cents/share definitely scared me, but after reading here and reading up on the web, I see that it's not a huge deal. The warrants at .45 are encouraging too. Anyway, I took a loss in GLIF on the day after it shot up 100%+ recently, so while my gut instinct tells me to hop back on board, I think I will sleep better at night letting you all ride this one out while staying on the sidelines :) The close today (Friday) was impressive! Best of luck - things are lookin' good!
I see ramsburg is getting ready for the gliffin smite ( man / woman ) Beware :'( :'(
Quote from: owen654321 on November 04, 2005, 07:12:36 PM
Thanks for the info/interpretation on the notes. That 196 million number at .011 cents/share definitely scared me, but after reading here and reading up on the web, I see that it's not a huge deal. The warrants at .45 are encouraging too. Anyway, I took a loss in GLIF on the day after it shot up 100%+ recently, so while my gut instinct tells me to hop back on board, I think I will sleep better at night letting you all ride this one out while staying on the sidelines :) The close today (Friday) was impressive! Best of luck - things are lookin' good!
From what i have read , I think most stocks start out with a large banker financing them, and most times they make deals ( the company) with them similar to the one you are talking about . The book stock market investing made easy explained the process this way. Going public is a three-step process. First the investment banker buys all the new shares directly from the corporation ( primary maket). Second the investment banker resells those shares in smaller lots to incividual and institutional investors ( initial public offering) . Third , public investors buy and sell shares on the open market. Between these major events there are exciting intervening steps. Taking a private corporation public is a high stakes game.
So most companies make deals that we are unaware of , but its what is needed at the time to get the money for what management wants . Thats what brvo did with coca cola. Hope this gives some insite into what happens behind the screen.
OT
Some pages back there were links to free LEVEL2-sites (don´t like to search!).
Am I right that they all have delayed numbers? I think there is no LEVEL2-site without costs (beside you have an account)!
Thanks in advance!
So I was thinking about it and I am leaning towards creating one new thread.
Here is my proposal:
-I'll create one new thread(I'll call it something like EliteG Infinite Compound Project II).
-I'll leave it unlocked during the trading day but I will lock it from replies when the trading day ends. This will let me have the 1st and last say on the thread each day... and that might help the thread be more focused.
-I'll create some guidelines for posting to help keep it focused. (Questions, info on the current picks..etc = good, news on other stocks, the smiting soap opera, insulting a poster = bad) More on this soon, it will be important.
The reason I would like to have replies in my thread is because the dynamic of us traders talking, the feedback, the questions.. all of that really helps me out. After the compound is sealed :D (~5pm) feel free to ask anything over the personal message thing. I will try to get to it by the next day.
Let me know what you guys think. Good idea? Great Idea? The most amazing idea you ever heard of? Flawed? Dude wheres my car?
8)
my recommendation for next week:
ETLT
http://www.3stocksonfire.org/trading/index.php?topic=3481.0
cheers
Oliver
Hey G man,
I like the idea about the project II.What if everybody else's rec. stayed in project I.In other words only your rec. and talk about that rec., and that rec. only was posted in II.If you liked some postings in I you and you only would have the discretion to start a dialogue on that in II.
I believe it to be your board,and other members visit it because they want to see what you are buying or thinking of buying and members can fill in different information on that stock selection.I hope I am making some sense here.
wrangler - no go on CYOS, moving down, no volume rise showing support, lots of bagholders here
-------------------
la-onda - ETLT looks solid and it will be on my watchlist.. not sure how long it will take to breakout
--------------
akclide - One thing I'm sure about is that project 1 should be locked up. Other picks should be made in their places on other boards. But its no prob to answer questions. I'll see how it goes and we can modify it all accordingly..
----------------
I'll test out the locking up the compound at the end of day thing and see how it goes this week(in project 1).. Its been a busy weekend and I have some other projects to get done this week so I may not be as available as usual ;)
Everybody have a great week
8)
Thanks eliteG for you're advise on CYOS. Have a great week and will be looking forward to you're new thread. :)
Quote from: wrangler on November 06, 2005, 10:53:27 PM
Thanks eliteG for you're advise on CYOS. Have a great week and will be looking forward to you're new thread. :)
no problemo wrangler ;) thx you have a great week 2
---------------------
HQSM news out:
QuotePress Release Source: HQ Sustainable Maritime Industries, Inc.
HQSM CEO to Be Interviewed on MoneyTV
Thursday November 3, 8:08 am ET
Financial Results and New Announcement to Be Discussed
http://biz.yahoo.com/iw/051103/0100011.html
hmm something is wrong with that news on HQSM that i posted one sec
AHA! this is the right press release ;)
HQSMQuote
November 7, 2005 - 8:08 AM EST
HQ Sustainable Maritime Industries Inc. to Appear on Alexander Haig's "World Business Review" TV Series
On CNBC (as Paid Programming) in Early 2006
http://www.otcbb.com/asp/Info_Center.asp
ok so thats not really that interesting... :D
Good morning eliteG
Check out CYHD I think you'll find it interesting. I'm buying for long term. Check out all the products they have to offer, wireless keyboards,and controllers and more. Way undervalued to. News is Sept. but I'm getting in taking long position. :)
Press Release Source: Cyberhand Technologies International Inc.
Cyberhand Consolidates North American Distribution with its Contract with Brockton Valued at $600,000 and Increasing in July 2006 to $2,000,000 per Month
Wednesday September 7, 12:41 am ET
CALGARY, Alberta, Sept. 7, 2005 (PRIMEZONE) -- Cyberhand Technologies International, Inc. (Other OTC:CYHD.PK - News), a leading computer peripheral design company specializing in innovative wireless ergonomic products for private and military purposes, announced that it has already completed its stocking obligations and received an initial commitment for 15,000 units of its CT4700 Wireless Keyboards.
Brockton has agreed to purchase a minimum of 15,000 units before July of 2006 and 50,000 units per month after that or loose their distribution rights. ``We believe that this contractual opportunity represents a substantial revenue stream, over US $2,000,000 per month once the minimum purchase has been completed,'' stated Mike Burke President Cyberhand Technologies International Inc. In addition, Cyberhand has already signed a U.S. Distribution Contract with Connection Devices and is presently exploring a relationship with a distributor for Mexico. The company plans to lock in the Mexican channel marketer in the Q4 of this year.
About Cyberhand Technologies International, Inc.
Cyberhand Technologies International, Inc. is a leading computer peripheral design company specializing in innovative wireless ergonomic products for private and military purposes. The company designs, manufactures, markets and sells leading edge consumer electronics devices that feature innovative ergonomic designs, advanced software development and technologies that are far superior to other products in the market.
CYHD - looks good wrangler.. I just like to hold 1 pink at a time(BIGN is my pinky 8)) though so I'm gonna let it go. Will monitor this one and goodluck with it.. oh next time if you could post just the headline and a link to the news that would be great ;) thx
IHDR - bought @ .083, bids are building up, news out, chart shows volume coming in and it looks like its gonna be the highest volume day ever.. i'll post more soon ;)
ETLT plus 16% including news out:
http://biz.yahoo.com/bw/051107/20051107005358.html?.v=1
:D
Ihdr,I am in .0845
Quote from: wrangler on November 07, 2005, 09:32:41 AM
Good morning eliteG
Check out CYHD I think you'll find it interesting. I'm buying for long term. Check out all the products they have to offer, wireless keyboards,and controllers and more. Way undervalued to. News is Sept. but I'm getting in taking long position. :)
What's up, bought it this morning ! ;)
I have a thread on it............ :o
http://www.3stocksonfire.org/trading/index.php?topic=2481.0
Good morning Wizard.......I hope you don't mind me putting a tag on my thread here. ;D
Good trading to you my friend! ;)
Huge volume on HQSM. This could be the day it breaks to new highs.
So I left a second to go strip the circuit board off the ceramic stovetop in the house, and i got cut like 5 times on my fingers, and to stop the bleedin I had to put these huge bandaids on, so I got only 5 usable fingers, :D its really hard to type.. and on top of all that I see all my stocks except HQSM being pressured.. what a start to the week
Quote from: akclide on November 07, 2005, 10:16:49 AM
Ihdr,I am in .0845
some pressure on
IHDR still think its comin back up today ;)
Quote from: setravis on November 07, 2005, 10:45:52 AM
Quote from: wrangler on November 07, 2005, 09:32:41 AM
Good morning eliteG
Check out CYHD I think you'll find it interesting. I'm buying for long term. Check out all the products they have to offer, wireless keyboards,and controllers and more. Way undervalued to. News is Sept. but I'm getting in taking long position. :)
What's up, bought it this morning ! ;)
I have a thread on it............ :o
http://www.3stocksonfire.org/trading/index.php?topic=2481.0
Good morning Wizard.......I hope you don't mind me putting a tag on my thread here. ;D
Good trading to you my friend! ;)
yo, no prob hawkeye ;) thx, good tradin to you 2 buddy 8)
Quote from: eggman11 on November 07, 2005, 10:55:55 AM
Huge volume on HQSM. This could be the day it breaks to new highs.
may just be eggdude ;)
Quiet day today ! How are you guys doing ??? ;D
ETLT is doing well...holding at HOD and up on its news today.
Any projections on price? Could this eventually hit a buck?
Elite go to emergency right now! We need those fingers! :D
keep them clean :)
juilia
Hey Elite...IHDR has dropped from this morning run on news...dropped well below the open price.
So, do u think at this point that it is still worth jumping in at this point while its lurking in the mid .06's zone...or do u think perhaps this stock won't recover?
Just wondering if i should possibly jump in while its low now..unless u think the game is over for IHDR?
thanks
julia
EliteG, As I see it, FUEL is running out of room in the triangle. Do you see any chance of it breaking out on the upside.
TIA
P
Quote from: gmarc66 on November 07, 2005, 01:36:41 PM
ETLT is doing well...holding at HOD and up on its news today.
Any projections on price? Could this eventually hit a buck?
Elite go to emergency right now! We need those fingers! :D
keep them clean :)
juilia
Quote from: Pete on November 07, 2005, 02:25:22 PM
EliteG, As I see it, FUEL is running out of room in the triangle. Do you see any chance of it breaking out on the upside.
TIA
P
ETLT looks so solid.. I would imagine a buck is very doable.
fingers ow >:(
Quote from: gmarc66 on November 07, 2005, 02:22:13 PM
Hey Elite...IHDR has dropped from this morning run on news...dropped well below the open price.
So, do u think at this point that it is still worth jumping in at this point while its lurking in the mid .06's zone...or do u think perhaps this stock won't recover?
Just wondering if i should possibly jump in while its low now..unless u think the game is over for IHDR?
thanks
julia
I dont know about IHDR.. thinking I will let it go today.. not moving as expected
Quote from: Pete on November 07, 2005, 02:25:22 PM
EliteG, As I see it, FUEL is running out of room in the triangle. Do you see any chance of it breaking out on the upside.
TIA
P
I think oil will be turning around here shortly so I think FUEL does have upside in it ;)
------------
I'm out of commission for today guys/gals typing is tough, u trade it good. ;)
Quote from: Pete on November 07, 2005, 02:25:22 PM
EliteG, As I see it, FUEL is running out of room in the triangle. Do you see any chance of it breaking out on the upside.
TIA
P
I think oil will be turning around here shortly so I think FUEL does have upside in it ;)
------------
I'm out of commission for today guys/gals typing is tough, u trade it good. ;)
Quote
Thanks G, and take care of them fingers ;)
P
I woudl appreciate a comment to GLIFs price action today!
thanks in advance
OLIVER
I had a sell order all day today for BIGN at 0.03 and it never got filled. How in the world were you able to sell it G?
ETLT update:
Quote from: la-onda on November 07, 2005, 04:44:38 PM
I woudl appreciate a comment to GLIFs price action today!
thanks in advance
OLIVER
I'll post the chart since G is out. I wasn't able to watch the action today but the chart is still fine with a close at the lower ascending trendline. Pretty low volume selling but no bounce tomorrow and I'll probably be out.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8534;image)
Quote from: irod on November 07, 2005, 04:49:30 PM
I had a sell order all day today for BIGN at 0.03 and it never got filled. How in the world were you able to sell it G?
I don't think he sold today. He mentioned that he didn't want to get into another penny since he is holding BIGN. It dropped below my upper TL but is still above the lower one which leaves the ascending triangle still intact - it just may take a little longer for a breakout. Again, low volume selling here. Interesting to see what G thinks of this action today.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=8533;image)
thanks basonista ;)
Quote from: la-onda on November 07, 2005, 05:18:37 PM
thanks basonista ;)
You're welcome, Oliver. :)
I should have noticed this on BIGN. Today's low makes the 3rd kiss (http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=3070;image) off a middle trendline that may serve us in the ascending triangle. If this trendline doesn't hold then the lower of the 3 would come into play. Today's close was also right at the 50% fib retracement. The more I look at this, the better I feel about holding it. 8)
Quote from: eliteG on November 07, 2005, 10:09:15 AM
CYHD - looks good wrangler.. I just like to hold 1 pink at a time(BIGN is my pinky 8)) though so I'm gonna let it go. Will monitor this one and goodluck with it.. oh next time if you could post just the headline and a link to the news that would be great ;) thx
IHDR - bought @ .083, bids are building up, news out, chart shows volume coming in and it looks like its gonna be the highest volume day ever.. i'll post more soon ;)
Another great piece of news hope you did not sell it yet.
Monday November 7, 4:01 pm ET
TAMPA, Fla., Nov. 7, 2005 (PRIMEZONE) -- Internal Hydro International, Inc. (OTC BB:IHDR.OB - News), an alternative energy company that developed a clean energy hydrogen power system, announced today that their joint venture partner, Cm2, anticipates that sales in Italy and other parts of Europe will create revenue streams representing more than double that which is available in the domestic U.S. market. Under the agreement, and as forecast by Cm2, IHDR will receive a minimum revenue stream of $14,000,000 in the first eighteen months.
IHDR's joint venture partner, Cm2, will assist in the sales and distribution of IHDR's Energy Commander Systems Unit (EC unit). Cm2 expects that each EC unit will generate annual revenues in excess of US$44,000. Cm2 expects to distribute between 300 and 600 units in their first fiscal year, in addition to domestic U.S. distribution. Under the joint venture agreement, IHDR shall receive approximately 35% of revenue plus approximately $2,500 per unit produced for European use as a one-time up front payment per unit sold as well as a large share of revenues gained from the EC units that are distributed in Europe. With a five to seven year life span, the EC unit, with a projected cost of about $7,500.00 per unit according to Cm2, will bring a 29-to-1 cost to revenue basis.
Due to the ecologically friendly energy policies surrounding the Green Certificate Market, the revenue stream available for alternative energy production is much larger than that in the U.S. Green Certificates (CVs) in Italy normally sell in excess of 100 euros per Megawatt Hour (100.00 euros/MWh), which is over $120.00 per MW hour, or $0.12 per Kilowatt hour. In the U.S. market renewable energy credits are valued at a fraction of such value, as low as $0.002 per Kilowatt hour. Certification of the EC unit for Green Certificates in Europe will be more predictable, and centralized than in the U.S. market, where certifications fall to private as well as governmental entities. Cm2 expects the EC unit to readily fit into the Italian Green Certificate market upon first unit completion, and then adopted readily into the remaining European green tag structure.
Cm2, (http://www.cmdue.it) based in Terni, Italy, has been operating in its present structure since 1988, providing turnkey energy production and related products to Italian utilities and industries. Providing power generation plants, electrical systems, and renewable energy products to customers such as Colgate Palmolive Europa, Siemens, Marangoni, and the Rome Airport, and provision of over 10 megawatts of photovoltaic systems throughout Italy. With a 30,000 square foot production facility, onsite engineering, and staff, Cm2 provides electrical power components throughout Europe.
Giovani Linari, of Cm2, states that Cm2's knowledge of the Italian and European laws and regulation will allow the immediate installment of the units in numerous locations (dams, aqueducts , thermal energy plants, and others) bringing a consistent boost and acceleration of the JV business plan for Europe.
Not sure exactly where to put this to get a response... seems like plenty of knowledgeable traders visit G's posts so I'll go ahead and put it here. What stock screeners/scans do you all use and where do ya find 'em? I've been using the Yahoo Finance screener and checking the free Stockcharts scans but haven't signed up for any subscription (paid) based services. Any advice or suggestions on where to find some good screeners?
Quote from: la-onda on November 07, 2005, 04:44:38 PM
I woudl appreciate a comment to GLIFs price action today!
thanks in advance
OLIVER
I think bas covered it real good.. I'm still holding for now
Quote from: irod on November 07, 2005, 04:49:30 PM
I had a sell order all day today for BIGN at 0.03 and it never got filled. How in the world were you able to sell it G?
I've only been buying BIGN irod, haven't sold a share
Quote from: la-onda on November 07, 2005, 04:52:34 PM
ETLT update:
great pick oliver(applaud)
basonista - you rock man! BIG APPLAUDS, thx for the help with the great charts.
ak - I'm still holding everything, thx for the update buddy(applaud)
In and out tomorrow 4 me 8)
Glad I could be of help, G. 8) You've helped my portfolio show some green so it's the least I could do. :)
Quote from: eliteG on November 07, 2005, 09:08:18 PM
I've only been buying BIGN irod, haven't sold a share
Oh wow, I completely misunderstood your post then. Thanks for the clarification to you and Basonista. :)
News For GLIF
Header:Grant Life Sciences Expects to Begin Generating Revenues from Sales of its Rapid Tests for Malaria and Dengue Fever Before Year's End
http://thesubway.com/thenews.asp
goodluck to whom ever is holding
julia
Quote from: gmarc66 on November 08, 2005, 09:07:53 AM
News For GLIF
Header:Grant Life Sciences Expects to Begin Generating Revenues from Sales of its Rapid Tests for Malaria and Dengue Fever Before Year's End
http://thesubway.com/thenews.asp
goodluck to whom ever is holding
julia
[tr][/tr]
hi julia,
isn't this old news? i hit the link and the article is no longer available.
thanks
maxi
Try this link...I jumped back in at .046 to see if it has a good day. ;D
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2005%5C11%5C08%5C72166132.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=GLIF
Rick, this is 'new' news but it is announcing that they have now generated some revenues on the sale of AccuDx instead of just expecting revenues as was stated in the last PR.
Guys,
I wanted to share a tip with everyone here. I think it is my duty.
Problem: Pink Sheets dont show Bid and Ask for shares traded.
Solution: Etrade shows it for pink sheet but not the number of shares.
Example: BIGN currently has BID: 0.026 and ASK: 0.029. No of shares are not available.
If anyone has etrade account, he/she can verify for me.
BIGN t/a update: with the inverse head and shoulders patterns and the 20ema and 50sma support we should be able to move up and outta here this week(next week latest). The neck line is breached with a close above .035 and this should lead to lots of momo. ;)
Since a lot of us here deal with OTC and pinksheet stocks I think it's important to raise our voices for this matter. Here is a link that we can help use to help report naked shorting.
Check it out.
http://www.pinksheets.com/otcguide/issuers_shortsellingletter.jsp
Elite,
HQSM is down today.. 5%. It failed to break the highs, which it established earlier. What would you say are good buy zones for HQSM?
- Dhiraj
Quote from: dhiraj19 on November 08, 2005, 11:09:42 AM
Elite,
HQSM is down today.. 5%. It failed to break the highs, which it established earlier. What would you say are good buy zones for HQSM?
- Dhiraj
if
HQSM can make it to the 20 ema on the daily, might be a good pickup otherwise you can wait for a rebreakout, if it happens ;)
-----------
UPDATE:
I let go of
IHDR,
GLIF and
HQSM for the moment. Thinking of getting back in on
HQSM myself with a new breakout. Still holding
BIGN.. I think the wait will be worth it. >:D
Elite,
I discussed this share with you earlier.....
ARTG another buy of mine. Sold earlier at 1.09 and nowI went back in 1.33... Any analysis...
- Dhiraj
Quote from: dhiraj19 on November 08, 2005, 11:59:18 AM
Elite,
I discussed this share with you earlier.....
ARTG another buy of mine. Sold earlier at 1.09 and nowI went back in 1.33... Any analysis...
- Dhiraj
keeps on chugging up huh? its one of the hardest rules but you just gotta let some things go by. I do not see a safe entry in ARTG here. Let the stock come to you. There are thousands of them ;)
if ARTG falls back to 1.23ish, it may be a safe entry.. I see a pullback very possible.
Any comments on today's GLIF action.
I would assume it's a typical "sell on news" behaviour.
Also, I have a question on level II.
Right now there's a lot of HUGE blocks going on on GLIF level II (like 6 mil. shares, etc.).
Is that share transfers between MMs?
I saw earlier bid .037, ask .039 and the execution was .040. How does that work?
I'll wait for you to bring the stock.... :) I am exhausted currently by scanning and scanning.
Applaud again
- Dhiraj
Hey G man,
NMKT,News is good,what is your T/A.Thanks
and how are the fingers doing?
hey elite, can u take a look at UPDA?
they are releasing positive PR every other day , but the stock is falling everyday after the runup out of channel.
what do u see in the chart? ???
i am torn trying to decide whether to let go at this level.
Thanks a lot and looking forward to your picks. :D
Quote from: OneStockMind on November 08, 2005, 12:34:13 PM
Any comments on today's GLIF action.
I would assume it's a typical "sell on news" behaviour.
Also, I have a question on level II.
Right now there's a lot of HUGE blocks going on on GLIF level II (like 6 mil. shares, etc.).
Is that share transfers between MMs?
I saw earlier bid .037, ask .039 and the execution was .040. How does that work?
Maybe sell on news behavior. You see GLIF doesn't really look that bad, its got the 50 sma and 20 ema right around here where it may be finding supprt but for a momentum guy, I'm upset that it didn't quickly bounce a bit above the 20ema and that it cut the low of that breakout candle we had the other day. Fundamental and medium-term TA guys might be ok with this.. but its just not me.
Quote from: dhiraj19 on November 08, 2005, 12:40:12 PM
I'll wait for you to bring the stock.... :) I am exhausted currently by scanning and scanning.
Applaud again
- Dhiraj
thx man, I know what you mean about being exhausted from scanning.. :D
Quote from: akclide on November 08, 2005, 12:40:48 PM
Hey G man,
NMKT,News is good,what is your T/A.Thanks
and how are the fingers doing?
NMKT seems like its played around with a lot.. the pattern looks allright but the 200 is looming right above.. I'll put it on the list but its gonna have to have a really nice volume day for me to consider it.
thx ak fingers are good up to 9 now, lol and my guidance for tomorrow is to have all 10 fingers producing. (warning this reply includes forward looking statements that are eliteG's best estimate) :D
Quote from: eagerlearner on November 08, 2005, 01:00:59 PM
hey elite, can u take a look at UPDA?
they are releasing positive PR every other day , but the stock is falling everyday after the runup out of channel.
what do u see in the chart? ???
i am torn trying to decide whether to let go at this level.
Thanks a lot and looking forward to your picks. :D
hey eager.. yea UPDA is doing the fall back with oil prices thing.. so when those turn around it might come back into play. In fact I'm awaiting the turn-around in oil($WTIC ticker in stockcharts.com)on BIGN to be the catalyst that sends it outta here. Oil is approaching the 200sma.. I think it should rebound strongly there. It could be argued that the oil plays that are holding up well during this trend down would be the strongest(therefore making UPDA look kinda weak) but UPDA seemsto be forming a hammer today.. so this may be the turnaraound. ;)
i forgot to mention.. I won a contest last week for the highest producing stock of the week, I entered GLIF in, woohoo ;D it was my first post on that board, lol:
http://www.stockhideout.com/showthread.php?t=2738&page=1&pp=20
8) 8)
Hey Elite Congrats!! I visit stockhideout daily too..i like Stockanalyzer, he is the eliteg of that board!!
Well..then perhaps u know there are some lovers of this stock ILCO..that just got in the news they were waiting for...it dropped to a low recently in anticiapation of this news and due too some trading problems..with TD Waterhouse Canada...i actually bought this stock a couple of weeks ago only to be told it was done in error and they had to cancel my purchase..good thing cause i bought when it jumped up on news.
Anyway..this news sounds pretty good..could take it back up..already been moving..
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2005%5C11%5C08%5C72174659.html%26clientid%3D168%26provider%3DInternet_Wire&symbol=ILCO
hope ur 10th finger will get better soon!
congrats again on your GLIF win! ;D
julia
Congrats to the G-man !!!
Your fingers must be doing a bit better based on the volume of typing today.
Still holding HQSM and GLIF. I hoping to see HQSM gain a bit before the 'big' announcement. I'll probably unload before then, 'big' announcements make me nervous. The floor of the AMEX? AMEX listing implies reverse split?. In GLIF at .29 so I'll hold a bit longer.
Quote from: gmarc66 on November 08, 2005, 02:13:52 PM
Hey Elite Congrats!! I visit stockhideout daily too..i like Stockanalyzer, he is the eliteg of that board!!
Well..then perhaps u know there are some lovers of this stock ILCO..that just got in the news they were waiting for...it dropped to a low recently in anticiapation of this news and due too some trading problems..with TD Waterhouse Canada...i actually bought this stock a couple of weeks ago only to be told it was done in error and they had to cancel my purchase..good thing cause i bought when it jumped up on news.
Anyway..this news sounds pretty good..could take it back up..already been moving..
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2005%5C11%5C08%5C72174659.html%26clientid%3D168%26provider%3DInternet_Wire&symbol=ILCO
hope ur 10th finger will get better soon!
congrats again on your GLIF win! ;D
julia
ILCO looks good.. I wonder when the restricted shares become unrestricted.. hmmm probably a while from now.. looks like its at support..i think it was a good buy julia :) lets see if you get followthrough tomorrow.
I was hoping for a little bounce this AM from the news on GLIF...it wasn't BIG news but was good, and I didn't see anything else I liked...have been trying to get a little BIGN below ask, but now takers yet. I'm still holding GLIF....alot of buys came in when it dipped below .04 and I'm holding so far. It has had a way of bouncing off supports sometimes the last few runs up and down...so I'm waiting a bit here. ;D Volume has really let up though...could go either way. ::)
Hm.. holding GLIF but getting nervous since it's close to my average.
Somebody posted the end of ascending triangle on FUEL yesterday and I was thinking to get in to test it out but didn't and look at the price action today..
Congratulations on the win with GLIF elite! applaud applaud ;D ... u got a gold for 3SOF! lol
and thanks for ur reply , i will hold UPDA a bit longer.
good trading!
Quote from: JKN on November 08, 2005, 02:19:22 PM
Congrats to the G-man !!!
Your fingers must be doing a bit better based on the volume of typing today.
Still holding HQSM and GLIF. I hoping to see HQSM gain a bit before the 'big' announcement. I'll probably unload before then, 'big' announcements make me nervous. The floor of the AMEX? AMEX listing implies reverse split?. In GLIF at .29 so I'll hold a bit longer.
thx JKN.. I think the AMEX thing just looks bullish for HQSM, goodluck dood
Quote from: runforthedoor on November 08, 2005, 02:23:36 PM
I was hoping for a little bounce this AM from the news on GLIF...it wasn't BIG news but was good, and I didn't see anything else I liked...have been trying to get a little BIGN below ask, but now takers yet. I'm still holding GLIF....alot of buys came in when it dipped below .04 and I'm holding so far. It has had a way of bouncing off supports sometimes the last few runs up and down...so I'm waiting a bit here. ;D Volume has really let up though...could go either way. ::)
I believed when I read the news release on GLIF that most traders who had been deciding if they should stay(and were awaiting good news) would sell off. Nothing has changed with gliffy except momentum with that article. I hope it goes your way run :)
Quote from: OneStockMind on November 08, 2005, 02:28:59 PM
Hm.. holding GLIF but getting nervous since it's close to my average.
Somebody posted the end of ascending triangle on FUEL yesterday and I was thinking to get in to test it out but didn't and look at the price action today..
nice move by FUEL.. I hope Pete stayed in it.. he mentioned it on pg 96 i think
Quote from: eagerlearner on November 08, 2005, 02:33:05 PM
Congratulations on the win with GLIF elite! applaud applaud ;D ... u got a gold for 3SOF! lol
and thanks for ur reply , i will hold UPDA a bit longer.
good trading!
lol.. its funny thats how I felt.. like I got a gold medal representing my cyber country 3SOF. Now all we need is an anthem.. dont worry I'm working on it(i play g-tar)
I have a feeling that MMs are loading up on GLIF getting it at a cheaper price.
I don't know how else I would explain blocks of a million or more shares.
I wondered the same about the news on GLIF when I read it...so I waited until after open to see a reaction.... it started to bid up a little and I bit. Oh well. ;D It really did not sink until you posted that you sold...it's your fault....you caused panic. ;D BIGN needs some volume. ::) ;D
I saw the big block too...maybe just a big penny player. ;D I just saw a 300 block also..what's that...gap it up a dime or something like that. ;D
FUEL is taking off higher :o
blga, think it can go higher? volume breakout today, now like 0.63 +11, i think they received popular science award on an upcoming issue.
Quote from: catrader on November 08, 2005, 03:03:13 PM
blga, think it can go higher? volume breakout today, now like 0.63 +11, i think they received popular science award on an upcoming issue.
probably but I dont play these low volume stocks.. relative to its norm,, its high volume but its too low for me. Lot of resistance above, imo ;)
Quote from: OneStockMind on November 08, 2005, 02:28:59 PM
Hm.. holding GLIF but getting nervous since it's close to my average.
Somebody posted the end of ascending triangle on FUEL yesterday and I was thinking to get in to test it out but didn't and look at the price action today..
nice move by FUEL.. I hope Pete stayed in it.. he mentioned it on pg 96 i think
I sure did Elite ;D. Was about to get out then I asked for your opinion and thought why not stay another day since the triangle looked so primed.
I think a similar triangle is developing on NVAX too. Can you look at it when you get a chance?
Thanks man...
thats awesome Pete.. I'm glad you got a pice of that move today :o
Not sure on NVAX.. hard to get a feel on these flu plays
Quote from: eliteG on November 08, 2005, 03:21:47 PM
thats awesome Pete.. I'm glad you got a pice of that move today :o
Not sure on NVAX.. hard to get a feel on these flu plays
Not so sure myself since it is sliding slowly for a while now. Thanks anyway.
P
NVAX is currently hovering right on an ascending trendline that has 5 touches within the last 15 trading days. Roughly $3.88 is where it is now. You can make a symmetircal triangle that is getting to the squeeze point so it could go either way depending on news/bird flu attitudes.
glif update, I have sold 2/3 of my position 8)
What do you take on IHDR action today elite ? had a nice run up to 0.079 then hit a brick wall, fell back down. How does it look from TA ? TIA
Quote from: yuyjust on November 08, 2005, 05:09:39 PM
What do you take on IHDR action today elite ? had a nice run up to 0.079 then hit a brick wall, fell back down. How does it look from TA ? TIA
With tht volume up like that I wanted IHDR to get goin, but it couldn't run out of this pattern so I let it go earlier today.. around .075. I wouldn't say this guy cant run but it just didn't have the right feeling.. and a pretty big spread. Hope that helps yuyjust.
Quote from: eliteG on November 08, 2005, 01:50:56 PM
Quote from: OneStockMind on November 08, 2005, 12:34:13 PM
Any comments on today's GLIF action.
I would assume it's a typical "sell on news" behaviour.
Also, I have a question on level II.
Right now there's a lot of HUGE blocks going on on GLIF level II (like 6 mil. shares, etc.).
Is that share transfers between MMs?
I saw earlier bid .037, ask .039 and the execution was .040. How does that work?
Maybe sell on news behavior. You see GLIF doesn't really look that bad, its got the 50 sma and 20 ema right around here where it may be finding supprt but for a momentum guy, I'm upset that it didn't quickly bounce a bit above the 20ema and that it cut the low of that breakout candle we had the other day. Fundamental and medium-term TA guys might be ok with this.. but its just not me.
Quote from: dhiraj19 on November 08, 2005, 12:40:12 PM
I'll wait for you to bring the stock.... :) I am exhausted currently by scanning and scanning.
Applaud again
- Dhiraj
thx man, I know what you mean about being exhausted from scanning.. :D
Quote from: akclide on November 08, 2005, 12:40:48 PM
Hey G man,
NMKT,News is good,what is your T/A.Thanks
and how are the fingers doing?
NMKT seems like its played around with a lot.. the pattern looks allright but the 200 is looming right above.. I'll put it on the list but its gonna have to have a really nice volume day for me to consider it.
thx ak fingers are good up to 9 now, lol and my guidance for tomorrow is to have all 10 fingers producing. (warning this reply includes forward looking statements that are eliteG's best estimate) :D
Quote from: eagerlearner on November 08, 2005, 01:00:59 PM
hey elite, can u take a look at UPDA?
they are releasing positive PR every other day , but the stock is falling everyday after the runup out of channel.
what do u see in the chart? ???
i am torn trying to decide whether to let go at this level.
Thanks a lot and looking forward to your picks. :D
hey eager.. yea UPDA is doing the fall back with oil prices thing.. so when those turn around it might come back into play. In fact I'm awaiting the turn-around in oil($WTIC ticker in stockcharts.com)on BIGN to be the catalyst that sends it outta here. Oil is approaching the 200sma.. I think it should rebound strongly there. It could be argued that the oil plays that are holding up well during this trend down would be the strongest(therefore making UPDA look kinda weak) but UPDA seemsto be forming a hammer today.. so this may be the turnaraound. ;)
Quote from: eliteG on November 08, 2005, 01:50:56 PM
Quote from: OneStockMind on November 08, 2005, 12:34:13 PM
Any comments on today's GLIF action.
I would assume it's a typical "sell on news" behaviour.
Also, I have a question on level II.
Right now there's a lot of HUGE blocks going on on GLIF level II (like 6 mil. shares, etc.).
Is that share transfers between MMs?
I saw earlier bid .037, ask .039 and the execution was .040. How does that work?
Maybe sell on news behavior. You see GLIF doesn't really look that bad, its got the 50 sma and 20 ema right around here where it may be finding supprt but for a momentum guy, I'm upset that it didn't quickly bounce a bit above the 20ema and that it cut the low of that breakout candle we had the other day. Fundamental and medium-term TA guys might be ok with this.. but its just not me.
Quote from: dhiraj19 on November 08, 2005, 12:40:12 PM
I'll wait for you to bring the stock.... :) I am exhausted currently by scanning and scanning.
Applaud again
- Dhiraj
thx man, I know what you mean about being exhausted from scanning.. :D
Quote from: akclide on November 08, 2005, 12:40:48 PM
Hey G man,
NMKT,News is good,what is your T/A.Thanks
and how are the fingers doing?
NMKT seems like its played around with a lot.. the pattern looks allright but the 200 is looming right above.. I'll put it on the list but its gonna have to have a really nice volume day for me to consider it.
thx ak fingers are good up to 9 now, lol and my guidance for tomorrow is to have all 10 fingers producing. (warning this reply includes forward looking statements that are eliteG's best estimate) :D
Quote from: eagerlearner on November 08, 2005, 01:00:59 PM
hey elite, can u take a look at UPDA?
they are releasing positive PR every other day , but the stock is falling everyday after the runup out of channel.
what do u see in the chart? ???
i am torn trying to decide whether to let go at this level.
Thanks a lot and looking forward to your picks. :D
hey eager.. yea UPDA is doing the fall back with oil prices thing.. so when those turn around it might come back into play. In fact I'm awaiting the turn-around in oil($WTIC ticker in stockcharts.com)on BIGN to be the catalyst that sends it outta here. Oil is approaching the 200sma.. I think it should rebound strongly there. It could be argued that the oil plays that are holding up well during this trend down would be the strongest(therefore making UPDA look kinda weak) but UPDA seemsto be forming a hammer today.. so this may be the turnaraound. ;)
Forward looking statement about the fingers look good.But one thing that is not very clear is how the CEO phrased the answer"UPTO NINE NOW".Not knowing which 9 creats uncertainity and hence I believe the CEO is not coming clean.LOL
Quote from: eliteG on November 08, 2005, 01:50:56 PM
thx ak fingers are good up to 9 now, lol and my guidance for tomorrow is to have all 10 fingers producing. (warning this reply includes forward looking statements that are eliteG's best estimate) :D
Quote from: akclide on November 08, 2005, 07:54:51 PM
Forward looking statement about the fingers look good.But one thing that is not very clear is how the CEO phrased the answer"UPTO NINE NOW".Not knowing which 9 creats uncertainity and hence I believe the CEO is not coming clean.LOL
addendum to prior Infinite Compound news release:
the finger currently not producing is Left Index(L001). L001 is one of the top 5 producing fingers on eliteG of the prior quarter. While L001 will be online tomorrow, tests have shown that it will not be up to 100% production yet. L001 is a highly specialized and skilled piece of eliteG's infrastructure so no foreign fingers can be used to makeup for this loss.
Management is confident that this is plain foolishness but that it must go on a bit more. We furthermore raise guidance of the compound to 2 x infiniti from 1 x infiniti which is mathematically the same amount but looks way more impressive.
A number of statements contained in this press release are forward-looking statements that are absolutely true because management has a time machine and has checked on it all already. These forward-looking statements involve no risks or uncertainties.
Haha, you guys are cracking me up! ;D Good thing too, after the bloodbath called My Portfolio was infecting my screen today. Keep it coming!
After reading the comlete transcript,the forward looking statement looks encouraging said John Fingerguy of J.P.Morgan.He also emphasised on the 2 times infinity section of the statement being the best news of recent times.John Fingerguy has upgraded the company from Hold To Buy.Jeff Fingerlickingood of Citigroup also gave 2 thumbs up.He wanted to give 2 indexes up but that wouldn't have been politically correct under the circumstances.
Goodnight guys
The finger press releases:
Quote from: eliteG on November 08, 2005, 01:50:56 PM
thx ak fingers are good up to 9 now, lol and my guidance for tomorrow is to have all 10 fingers producing. (warning this reply includes forward looking statements that are eliteG's best estimate) :D
Quote from: akclide on November 08, 2005, 07:54:51 PM
Forward looking statement about the fingers look good.But one thing that is not very clear is how the CEO phrased the answer"UPTO NINE NOW".Not knowing which 9 creats uncertainity and hence I believe the CEO is not coming clean.LOL
Quote from: eliteG on November 08, 2005, 08:38:39 PM
addendum to prior Infinite Compound news release:
the finger currently not producing is Left Index(L001). L001 is one of the top 5 producing fingers on eliteG of the prior quarter. While L001 will be online tomorrow, tests have shown that it will not be up to 100% production yet. L001 is a highly specialized and skilled piece of eliteG's infrastructure so no foreign fingers can be used to makeup for this loss.
Management is confident that this is plain foolishness but that it must go on a bit more. We furthermore raise guidance of the compound to 2 x infiniti from 1 x infiniti which is mathematically the same amount but looks way more impressive.
A number of statements contained in this press release are forward-looking statements that are absolutely true because management has a time machine and has checked on it all already. These forward-looking statements involve no risks or uncertainties.
Quote from: akclide on November 08, 2005, 08:57:21 PM
After reading the comlete transcript,the forward looking statement looks encouraging said John Fingerguy of J.P.Morgan.He also emphasised on the 2 times infinity section of the statement being the best news of recent times.John Fingerguy has upgraded the company from Hold To Buy.Jeff Fingerlickingood of Citigroup also gave 2 thumbs up.He wanted to give 2 indexes up but that wouldn't have been politically correct under the circumstances.
Goodnight guys
A great way to bring in the
100th page! Lol. thx ak, It'll either make you laugh or never come back lol :D
Locking up the compound for tonight. The finger press releases may be the most important posts ever. I feel there is great wisdom hidden there...
Hey G man ,
Any good stocks coming up? I am dying here.
I am already dead. I havent seen such bloodbath in my account.. LWLL 20% down and is making sink like titanic... Any TA will be good...
Quote from: akclide on November 09, 2005, 10:18:53 AM
Hey G man ,
Any good stocks coming up? I am dying here.
I'm just waiting on BIGN and looking around. CYBL and VYST are starting to look nice but I have not pulled the trigger yet. I'm waiting on something special to come on the radar.
BIGN should get a news release soon about the California wells. I really think its a great buy here at these levels because they have a private offering going on @ .02 right now(restricted shares for a year). It wouldn't make sense to let the stock fall any lower than 2.5cents. I've been talking to Ron Sherman their investor relations guy(866-471-5928) and it seems the only bottleneck is getting the skilled hydroslotter workers to the wells. This is a pink sheet stock so I always look at everything with a great deal of doubt.. but the technical pattern lines up, here are the charts i posted yesterday ;)
Quote from: dhiraj19 on November 09, 2005, 10:32:58 AM
I am already dead. I havent seen such bloodbath in my account.. LWLL 20% down and is making sink like titanic... Any TA will be good...
ouch dhiraj :-X I see some hope in LWLL but I would not let it lower than todays low or at the lowest .27.. stock has to meet your requirements ;)
Quote from: dhiraj19 on November 09, 2005, 10:32:58 AM
I am already dead. I havent seen such bloodbath in my account.. LWLL 20% down and is making sink like titanic... Any TA will be good...
this might help you out :)
Quote
Linkwell Corporation Receives Approval From China Ministry of Public Health for Air Disinfecting Devices
Wednesday November 9, 9:35 am ET
Air Sterilizer Designed to Prevent the Spread of Airborne Viruses Such as the Bird Flu and Human Influenza Virus
http://biz.yahoo.com/iw/051109/0100673.html
Quote
Elite,
Do you think SMTR is a good bottom fishing stock?
Thanks..
Quote from: palindrome on November 09, 2005, 11:11:05 AM
Elite,
Do you think SMTR is a good bottom fishing stock?
Thanks..
doesnt look good to me palindrome, we got a move down without any volume support coming in.. my thought is that it will need to dip to .04 in the longrun at least to find any support
Applauds to you Elite ( 5 applauds to you 5 hrs time)... I have sell stop limit at 0.27. This stock was low and then it went more low.. I understand stock is high and then after news it goes low...The news should have pushed it higher. Its tangible news rather than a drug is in making type of prediction by a company
Some day a person can loose his pants in the market and he wont realize. ;D
- Dhiraj
Elite,
SMTR just got news. I had a buy order at .054 but never got there. How would you know?
Quote from: eliteG on November 09, 2005, 11:14:51 AM
Quote from: palindrome on November 09, 2005, 11:11:05 AM
Elite,
Do you think SMTR is a good bottom fishing stock?
Thanks..
doesnt look good to me palindrome, we got a move down without any volume support coming in.. my thought is that it will need to dip to .04 in the longrun at least to find any support
well SMTR just sent out a news piece about improved first quarter sales.. may rebound.. interesting timing on this news piece.. I would not play this. Interesting to study though.
-------------
CYBL - seems to be about to release a bunch of shares to the public if I read this correctly:
http://www.otcbb.com/asp/Info_Center.asp.. so not even thinking about it.
I agree with you on SMTR comment Elite. I pulled my buy oreder. I don't think it was going that far down after the news, but I think I should give it some time.
Thanks.
Quote from: dhiraj19 on November 09, 2005, 11:20:20 AM
Applauds to you Elite ( 5 applauds to you 5 hrs time)... I have sell stop limit at 0.27. This stock was low and then it went more low.. I understand stock is high and then after news it goes low...The news should have pushed it higher. Its tangible news rather than a drug is in making type of prediction by a company
Some day a person can loose his pants in the market and he wont realize. ;D
- Dhiraj
thx dhiraj.. but sometimes people like less tangible things like potential.. reality bites :D
excitement for BIGN at the end of the day as 2 orders of 5,000,000 shares hit :o
OK...who bought 10 million? Somebody knows something and they are not coming clean. ;D
You know..sometimes u see large block buys like that...and yes, sometimes it is indicative of a larger pps rise to follow soon. But, sometimes it is just someone buying a large block so they can flip it with a minor move in pps...a small percentage rise in price is all it takes to turn a nice little profit when u buy a huge lot.
Let's hope thats not the case with BIGN..and its going to run....elite says technicals still look good...so I want to see this one fly ;D
still holding BIGN...the waiting game continues. :)
julia
Quote from: eliteG on November 09, 2005, 04:57:53 PM
excitement for BIGN at the end of the day as 2 orders of 5,000,000 shares hit :o
Wow, what's up with this BIGN eliteG ? I came over to see what you got cooking. ;D
You now have my attention ! :o
How is everything going my friend? Your trades doing you well ;)
I will be back to catch some more on this story.
Wizard, you do outstanding work. A great and very educational thread you got here. ;D
APPLAUD to you many times over !!!! 8)
Hey G man,
3 stocks that charts are looking better to me but I would appreciate your keen eye checking them out.CNCN,KRY,VTSS Thanks Bud
Quote from: runforthedoor on November 09, 2005, 05:58:39 PM
OK...who bought 10 million? Somebody knows something and they are not coming clean. ;D
you know you did it run :D admit it!
Quote from: gmarc66 on November 09, 2005, 08:30:22 PM
You know..sometimes u see large block buys like that...and yes, sometimes it is indicative of a larger pps rise to follow soon. But, sometimes it is just someone buying a large block so they can flip it with a minor move in pps...a small percentage rise in price is all it takes to turn a nice little profit when u buy a huge lot.
Let's hope thats not the case with BIGN..and its going to run....elite says technicals still look good...so I want to see this one fly ;D
still holding BIGN...the waiting game continues. :)
julia
its a very good point julia ;) I hope RFTD isn't going to just flip it on us :D
lets see if tomorrow tells us anything new 8)
Quote from: setravis on November 09, 2005, 09:55:32 PM
Quote from: eliteG on November 09, 2005, 04:57:53 PM
excitement for BIGN at the end of the day as 2 orders of 5,000,000 shares hit :o
Wow, what's up with this BIGN eliteG ? I came over to see what you got cooking. ;D
You now have my attention ! :o
How is everything going my friend? Your trades doing you well ;)
I will be back to catch some more on this story.
Wizard, you do outstanding work. A great and very educational thread you got here. ;D
APPLAUD to you many times over !!!! 8)
What is up with BIGN indeed.. I'm thinkiing its the calm before the storm. I posted a bunch of info back there somewhere(between pg 80 and 101) ;)
Trades are ok.. I was injured on the job, lol, well not during trading but during the trading day. Got cuts on my fingers from dealing with this ultra sharp ceramic(stovetop) I didn't even notice till there was red everywhere. So me and ak were joking about my fingers coming back on line.. I think it was pretty funny(check out pg 100 for the fingers press release :D)
Thx for the complement hawkeye ;D You are da MAN everywhere out there on the boards. Rock solid picks! APPLAUD... Hope your trades are going good my friend ;D
Quote from: akclide on November 09, 2005, 10:14:37 PM
Hey G man,
3 stocks that charts are looking better to me but I would appreciate your keen eye checking them out.CNCN,KRY,VTSS Thanks Bud
Hey ak.. looked at the charts real quick and my fav is CNCN.. had a run but bouncing of 20ema and I think David is following it and that means it will probably go way up >:D. David has really been on fire lately, portfolio looks hot(have to applaud him many times). The others look allright but I'm seeing a bunch of resistance nearby.. I would stay away.
-----------------
goodnight everybody :)
Hey G,
Whenever you get the chance could ya check out GLNC? I think it's lookin like a pretty good bet for a triple but I just wanted to see what you thought. You definitely know a little more than I do :D. Thanks... and don't worry about it if ya don't have time.
Hey Elite take a look at NTAH, does this qualify as a G spot play?
What do you think?
Quote from: dwest718 on November 09, 2005, 11:33:15 PM
Hey G,
Whenever you get the chance could ya check out GLNC? I think it's lookin like a pretty good bet for a triple but I just wanted to see what you thought. You definitely know a little more than I do :D. Thanks... and don't worry about it if ya don't have time.
This is what I see looking at the chart dwest:
GLNC kinda looks like its comin off a double bottom diagnal inverse head and shoulders pattern. With volume it crossed its 50 day moving avg. That 200ma is far away.. means there could be a lot of investors that are unhappy(supply pressure). The first of the double bottoms showed volume but got rejected at the 50ma but now with less volume the 50ma was crossed.. not sure but this .50 cent area might make a great entry. I normally dont play pennies with this low volume so I'll stay away. Hope that helps. 8)
Quote from: boatguy on November 10, 2005, 07:56:07 AM
Hey Elite take a look at NTAH, does this qualify as a G spot play?
What do you think?
boatdude, looks like you have a nice pink there. 70 cents might make for the spot but I'm just going to watch this relatively new issue. 8)
BIGN money trail...yesterday's big buys....possibilty....found this post after the buys and close. Looks like a big pumper has been in BIGN a few times already and is entering, or, more likely already entered yesterday. ;D
http://finance.groups.yahoo.com/group/SHAKERZANDMOVERZ/message/19842
Quote from: runforthedoor on November 10, 2005, 09:00:31 AM
BIGN money trail...yesterday's big buys....possibilty....found this post after the buys and close. Looks like a big pumper has been in BIGN a few times already and is entering, or, more likely already entered yesterday. ;D
http://finance.groups.yahoo.com/group/SHAKERZANDMOVERZ/message/19842
thx for the info run (applaud) as word spreads on
BIGN at these prices I just think it has to take off. Lets see if we get follow through today 8)
*stares at BIGN*
Hopefully in the next few days we will get some morons.
Hi Elite
Are you having experience with money flow indicator. Look it went up a lot yesterday, must be the buys you are talking about, or? 8) :o
But strange; money in stock not moving yet ???
Bign is down on lower volume but MACD is weakening. if if fall below here looks like .025 has some support. GLIF is perking up today, back over 9ema. im holding
Hi elite
How's the finger doing?
Two stocks that's really hot right now.
MLTO and MCZ
G man can you check this out for us.. CMF going green and a possible DBL bottom. also what looks to be triple pos divergence. anyway there is support at .40-.41.. Not sure how long this may take but. I will hold for a week http://xs54.xs.to/pics/05454/wlsf.JPG
Quote from: somebody041 on November 10, 2005, 10:09:11 AM
*stares at BIGN*
Hopefully in the next few days we will get some morons.
From a base like this.. we can be more than morons (morons=take quick huge profits)
All we need is BIGN to give us a good update.
Quote from: ket1390 on November 10, 2005, 10:43:42 AM
Hi Elite
Are you having experience with money flow indicator. Look it went up a lot yesterday, must be the buys you are talking about, or? 8) :o
But strange; money in stock not moving yet ???
I am familiar with the money flow indicator but I really find it useless.. its giving all different signals on different time frames. BIGN is making a solid base to explode from.. thats my thoughts on whats going on. If BIGN closes under 2.5 cents I think I will have to say I'm wrong. If BIGN closes above 3.5 cents I think it will take off. Thats what the technicals show me.
Quote from: mezz on November 10, 2005, 11:07:21 AM
Bign is down on lower volume but MACD is weakening. if if fall below here looks like .025 has some support. GLIF is perking up today, back over 9ema. im holding
Glif is looking stronger, goodluck with that.
Quote from: wrangler on November 10, 2005, 11:45:52 AM
Hi elite
How's the finger doing?
Two stocks that's really hot right now.
MLTO and MCZ
all fingers are green light 8) I just have some other things I'm working on on the side this week.
MLTO has a nice pattern but very low volume
MCZ had a nice run but is around its gap resistance.. it might look nicer in a week or 2, imo
Quote from: mezz on November 10, 2005, 11:52:10 AM
G man can you check this out for us.. CMF going green and a possible DBL bottom. also what looks to be triple pos divergence. anyway there is support at .40-.41.. Not sure how long this may take but. I will hold for a week http://xs54.xs.to/pics/05454/wlsf.JPG
I checked on WLSF but did not click on the link(sorry i do not recognize it)
WLSF does show some nice double bottom potential especially with the recent hammer type candles but no volume confirmation yet. I dont like the long term chart, going down with low volume means no support in to me.
Oh G man that link is to my chart of WLSF
juest saw quote on wdam, anyone got in or saw this double coming? News on mon of new ceo. earnings on oct could not tell, looked ok. with the bombings in Jordan, maybe this and other security stocks to get attention?
Hi Elite
I'm new to 3SOF. I've been reading all you posts and find them very helpful. :) Applaud.
I've been doing a little DD and I found HMY. I was wondering if that could be a possible breakout ????
Thanks
woohoo WLSF blastoff guess I wont have to hold it long. Timely news
;D wheres MM at havent heard her all week. ;) would like to hear her opinion on glif and other information that may be useful. MM areyou out there come in!!!
handyman ;)
no new technical data on BIGN
I'm heading out of the office.. and might not be in tomorrow
a nice day off 8) especially if BIGN zooms away >:D
locking up the compound, good trading 8)
Hi EliteG,
Good morning from US on Monday morning. Any comments on BIGN on your thread? I saw it posted everywhere across the board. :D
- Dhiraj ;D
good morning dude 8)
Nothin much new to say about BIGN. I posted this on the penny picking thread for BIGN:
----------------------
We may not even need a news release to set it off but it wouldn't hurt. The potential in this release: http://biz.yahoo.com/pz/051014/87892.html is truly incredible.
I encourage everyone to call BIGN (Ron Sherman 1-866-471-5928) and bug the hell out of him(ask him what his favorite color is and see that he is consistent the next day Cheesy). Ask about everything under the sun. I found out from him that the private offering has now moved to .02 cents.. I just cant see how they can justify this offering without maintaining the price above at least 2.5 cents(since shares are restricted ~ 1 year).
I asked Ron what he thought the bottleneck was for the 4 wells to become operational in California and he told me that qualified people for hydroslotting was currently the issue. He told me one well is currently producing and may have a lifespan of over 10 years. There may be more info on this on the website.
I doubt most everything in the markets so perhaps Ron will say anything to make someone buy into the company he represents. Investor relations right? he wants the relations to be good.. but in this case the TA signals an accumulation bottom(inverse H&S,imo) and is currently consolidating after a strong move(and consolidating high up after the strong move = support)
This stock breaks .035 and I would be surprised if we dont touch .05 that very day and .08 the following day. I see support @ .025-.02 ~30%away. So as you see I believe the risk reward is manageable and very worth it considering this is a pink penny. I also think even higher prices are doable.
Yep, I'm big on BIGN. Cheesy
http://www.3stocksonfire.org/trading/index.php?topic=226.msg32792#msg32792
Ive been following WITM since your mention, it has a technical bo here
G! Good to have you back today! Hope you had a restfull long weekend. :)
I posted a couple of charts on TNOG over the weekend. It's gone from a falling wedge into an ascending triangle. The last couple of days it was looking to want to breakout of the triangle but volume isn't confirming that yet - including today. I would appreciate your view on it: http://www.3stocksonfire.org/trading/index.php?topic=2510.msg32606#msg32606. It will probably take some news or a rally in energy to move it. But I'm like you, I don't like holding more than 1 .pk at a time and BIGN is it now. We just need some volume. ;)
Was hoping to put some extra money to work somewhere but nothing is exciting me today. I think I'll go eat some breakfast and run some errands while BIGN gets warmed up. ;)
What's on the G Watchlist today?
Quote from: mezz on November 14, 2005, 10:05:28 AM
Ive been following WITM since your mention, it has a technical bo here
hey mezz, WITM is pretty no doubt
Quote from: basonista on November 14, 2005, 10:15:06 AM
G! Good to have you back today! Hope you had a restfull long weekend. :)
I posted a couple of charts on TNOG over the weekend. It's gone from a falling wedge into an ascending triangle. The last couple of days it was looking to want to breakout of the triangle but volume isn't confirming that yet - including today. I would appreciate your view on it: http://www.3stocksonfire.org/trading/index.php?topic=2510.msg32606#msg32606. It will probably take some news or a rally in energy to move it. But I'm like you, I don't like holding more than 1 .pk at a time and BIGN is it now. We just need some volume. ;)
Was hoping to put some extra money to work somewhere but nothing is exciting me today. I think I'll go eat some breakfast and run some errands while BIGN gets warmed up. ;)
What's on the G Watchlist today?
yo bas, TNOG is not on my watchlist even though it has the nice patterns because its volume is relatively weak when compared with the Feb-July period. Now if you look at BIGN's chart its avg volume(doesnt matter what avg, I use 9ema, 20ema or 60ema on volume) now is at the highest its ever been. To me that means its just being dscovered ;)
BIGN news out 8)
Biogenerics Announces Charring Cross Natural Gas Project Update
Monday November 14, 10:30 am ET
http://biz.yahoo.com/pz/051114/89644.html
News just out on BIGN
lets move this sucker ;D
julia
Quote from: eliteG on November 14, 2005, 10:25:57 AM
Quote from: mezz on November 14, 2005, 10:05:28 AM
Ive been following WITM since your mention, it has a technical bo here
hey mezz, WITM is pretty no doubt
Quote from: basonista on November 14, 2005, 10:15:06 AM
G! Good to have you back today! Hope you had a restfull long weekend. :)
I posted a couple of charts on TNOG over the weekend. It's gone from a falling wedge into an ascending triangle. The last couple of days it was looking to want to breakout of the triangle but volume isn't confirming that yet - including today. I would appreciate your view on it: http://www.3stocksonfire.org/trading/index.php?topic=2510.msg32606#msg32606. It will probably take some news or a rally in energy to move it. But I'm like you, I don't like holding more than 1 .pk at a time and BIGN is it now. We just need some volume. ;)
Was hoping to put some extra money to work somewhere but nothing is exciting me today. I think I'll go eat some breakfast and run some errands while BIGN gets warmed up. ;)
What's on the G Watchlist today?
yo bas, TNOG is not on my watchlist even though it has the nice patterns because its volume is relatively weak when compared with the Feb-July period. Now if you look at BIGN's chart its avg volume(doesnt matter what avg, I use 9ema, 20ema or 60ema on volume) now is at the highest its ever been. To me that means its just being dscovered ;)
Hmmm.... I see what you mean on BIGN/TNOG volume difference. I never thought of it that way but it makes sense.
BIGN news - let's see what happens. >:D
Quote
BIGN news - let's see IF something happens... nothing is moving... :-\
HQSM is moving
This might be a silly one, but let me go ahead and ask it-
How come for BIGN.PK the bid is always 0.00 ?? Thats
what my e-trade account shows.
That's the same with Ameritrade. .pk stocks don't show a bid/ask price. Sucks when trying to trade them.
Quote from: eliteG on November 14, 2005, 10:33:12 AM
BIGN news out 8)
Biogenerics Announces Charring Cross Natural Gas Project Update
Monday November 14, 10:30 am ET
http://biz.yahoo.com/pz/051114/89644.html
Called Ron Sherman(IR @ BIGN 1-866-471-5928).. says there are many possible producing wells in the western Ontario region where they have a 50% split with Tyche Energy on profit. This was
not included in the projections for next year because it does not have anything to do with Hydroslotting. BIGN also has a New Mexico project running that is not included in the projections for hydroslotting. He said more news will be out this month ;)
Quote from: DannyOhad on November 14, 2005, 10:51:15 AM
BIGN news - let's see IF something happens... nothing is moving... :-\
Danny, I posted the news a bit after it came out, give it time. :) nd if you can't sell me your shares >:D
Quote from: ggrewal on November 14, 2005, 10:58:37 AM
This might be a silly one, but let me go ahead and ask it-
How come for BIGN.PK the bid is always 0.00 ?? Thats
what my e-trade account shows.
It probably means you do not get pink sheet quotes. Current bid is .027 and we are about to attack .03 :o you may be able to pay to get these quotes
ggrewal & basonista,
You can see the bid & ask prices of .pk stocks in Scottrade.
Ohad
Quote from: DannyOhad on November 14, 2005, 11:08:52 AM
ggrewal & basonista,
You can see the bid & ask prices of .pk stocks in Scottrade.
Ohad
or pinksheets.com gives you delayed data:
http://www.pinksheets.com/quote/quote.jsp?symbol=BIGN
I have had a 200k order in at .029 on BIGN for the last 15 minutes, and it has only bitten 150k shares of it, and Scottrade never showed the .029 bid. I hope it is easier to sell these shares than it has been to buy them. ;D
It opened and closed at same point... Was there a indecision for the stock movement?
- Dhiraj
updated BIGN chart,
looks good IMO
hey G man
what do you think of ualaq had great vol. today price moved 22%.
thanks
Quote from: akclide on November 14, 2005, 11:33:52 PM
hey G man
what do you think of ualaq had great vol. today price moved 22%.
thanks
You thinking its gonna fill that tall black candle.. hmm if it breaks yesterdays high with volume it just might.. but I'm just going to watch it.. hate that q on the end of the ticker~
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I've been sticking to daytrading for a while.. needed a break and I had a good year so I'm just not as active(hibernating) with trading but I have some interesting things in the works for project II. Plan to have it out by new years. And of course I'm still doing research ;) Looking for a place and a car too... oh I've been swamped with emails so I'm sorry if I dont get back to you.
BIGN - my feeling is that this is an undiscovered diamond, so I'm willing to wait on it and find out.. the T/A backs it up, the fundamentals are potentially there and developing. I'm thinking that BIGN will also benefit from the wintertime.
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GREAT TRADING EVERYBODY 8)
Hi elite
Sounds like you need to unwind for a while. Sounds like a full time job taking care of you're thread don't see how you'll find time to take care of another one . Just in case you're out of action for a while I want to tell you
Happy Thanksgiving
Merry Christmas
And Happy New Year
I would hope to see you here... Trading and sharing your knowledge.
For PLAN 2 good luck and best wishes... Happy holidays... and Enjoy...
ARTG 1.50 >:( ( Because I didnt buy it)
BIGN >:( ( not moving)
HQSM >:( ( significantly down)
In last smiling :)
- Dhiraj
Sold my last 1/3 of GLIF to avoid a loss :( , overall +50% gain ;D ....keeping it on the radar.
Quote from: wrangler on November 15, 2005, 10:08:51 AM
Hi elite
Sounds like you need to unwind for a while. Sounds like a full time job taking care of you're thread don't see how you'll find time to take care of another one . Just in case you're out of action for a while I want to tell you
Happy Thanksgiving
Merry Christmas
And Happy New Year
Thx wrang.. I should be around here just not sure how active ;) you have a great eating(thanksgiving), a good gift giving and getting(christmas), and a great drinking(new year) :D >:D
Quote from: dhiraj19 on November 15, 2005, 10:28:42 AM
I would hope to see you here... Trading and sharing your knowledge.
For PLAN 2 good luck and best wishes... Happy holidays... and Enjoy...
thx ;D
Quote from: JKN on November 15, 2005, 03:18:00 PM
Sold my last 1/3 of GLIF to avoid a loss :( , overall +50% gain ;D ....keeping it on the radar.
nice 8)
BIGN - check it out
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chart 1: this chart shows a big thick line which is the close for BIGN. I use this chart to get through the noise sometimes. And for some reason I saw a plant's life cycle in the chart. Now who needs strong fundamentals when you have "the rising sun"? when you have "germination"? That black box is the deciding point for BIGN(at least how I'm going to play it. If BIGN can somehow manage to close below .020 I dont think it this stock will miracle grow any time soon and I think that I would have to let it go. If we can "think outside the box" and move it on up.. I think she will be a runnin.. run BIGN run! Now as for timing if you look at the left side of the chart (from mid-july to just a bit past mid-august) I think that should be the width(time) of this current consolidation(black box) which started mid-october and is about to get to a bit past mid November... so using this crazy theory of symmetry the move should be happenin soon, perhaps, maybe, theres a chance. The downside is limited/ the upside has multibaggin potential/ I'm in.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=9328%3Cbr%20/%3E*%20BIGN%2011-15-2005%20002.JPG)
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chart 2: this chart shows the BIGN flag complete with pole. More importantly we got support there from the 50sma and bottom of the bollinger band. Rock and roll.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=9329%3Cbr%20/%3E*%20BIGN%2011-15-2005%20003.JPG)
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TRADE IT GOOD 8)
*locking up the compound
compound 2 will be out eventually with some neat stuff ;).. meanwhile I'll update this BIGN play which I believe has gigantic potential :o Great trading everybody.
BIGN getting attention on the boards.. watch out this week >:D ;D Friday was a great day, lots of volume and lots of trades. I think we may be about to rock and roll. 8)
Hey everybody 8) so I keep on getting asked for a TA update on BIGN but there isnt anything for me to say :-X
The analysis is the same, imo, until we close above .035(a key resistance level) or below .020(a key support level). ;) Will it be worth the wait? Only time can tell. I think this is where you can score big yet limit your losses.. thats how I feel. The only update I have gotten is that the Grimes Wells(4 more wells) will be producing by Jan 22nd. This is a bit of a delay but getting an actual date is promising. Check out IHUB for some info and call Investor Relations to dig up more stuff.
I've been working on some side issues and wrapping up some really awesome research. I'll keep this thread closed for now..
see this link for bign.pk stuff http://www.3stocksonfire.org/trading/index.php?topic=226.msg35297#msg35297