After selling NAUC.PK and AMRE.OB with enormous profits I feel I must have at least 1 penny in my 15 stock portfolio. So I'm buying another one, this time the lucky chosen is VNBL.OB.
Here we have the long term chart:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=337;image)
The stock was at $8 just a few months ago. Now it's sitting at the $0.20 level, with 2 million stocks changing hands and making beautiful white marubozus.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=338;image)
If it rises above $0.23 in today's session I believe we have at least a 100% short term move in our hands. But I'm putting just 6.66% of capital in this pick (like in all others), and I'm prepared to lose a lot in percentage terms if things go bad.
A speculator must know there's risk in the market. But he's not a speculator if he doesn't put some money in his beliefs. So I'm buying VNBL.OB at today's open.
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... was running away in the pre-market.
Great pick, bought at 0.255 but only partial fiill, added again at 0.31 but again not a full fill.
I've bought @ 0.29 but I'll have to get out of the office, so I've already sold @ 0.38 !
Just want to thank you guys !!! this website is awesome !!!!
I'll make a second small donation by late afternoon ;)
Thanks again !!!!!
Yes, these penny stocks have these liquidity problems. Today I hadn't time to study many stocks but I loved this chart at first sight.
Altough the stock is a lot higher from the open (and I believe a 100% move will happen today), this is different from AMRE. This is more of a gambler thing, and AMRE was plain speculation.
I want to lead this community to high profit speculation, seeing a move coming and grab the best part of it. That's why I asked Ramsburg to open a new Forum where we'll discuss the story behind the moves. Just like the pick you had with LAVA and the one with NAUC and AMRE, there was a speculative story behind the white candles ... understanding the story helps determining the extent of the move or at least better interpret the behavior of the stock.
It's trying to close the gap or what ?
It looks like a second chance to buy
0.25 needs to hold for sure.
Ma man this is a POS!!!!!
Look:
NBL -- Vinoble, Inc.
Com ($0.001)
Address:
23852 Pacific Coast Highway
Suite 167
Malibu, CA 90265
USA
Phone: 310-456-3199
Business Description: Not Available
State of Incorporation: DE
Officers:
Gerard Nolan, Pres. & CEO; Catherine Thompson, CFO & Sec't.
Outstanding Shares: Not Available
Estimated Market Cap: Not Available
Current Capital Change:
shs decreased by 1 for 500 split
Ex-Date:
Record Date:
Pay Date: 2004-11-19
Dividends:
Company Notes:
Formerly=Early California Industries, Inc to 10-85
Note=9-98 company filed petition under Chapter XI of the Federal Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Corpus Christi Division. Court confirmed Joint Plan of Reorganization, effective 8-20-99. Company emerged from bankruptcy with no ongoing operations, no assets & all liabilities discharged
Formerly=ERLY Industries, Inc. until 5-01
Formerly=Torchmail Communications, Inc. until 12-02
Formerly=Ohana Enterprises, Inc. until 11-04
Class Notes:
Capital Change=shs decreased by 1 for 100 split. Pay date=05/24/2001.
Latest Addt'l Issue=12-78 200,000 shs in units (10 shs Com & $1,000 Sub Deb 12 1/2s 12-1-93) at $1,000 per unit by Wedbush, Noble, Cooke, Inc. et al.
Capital Change=shs increased by 5 for 1 split. Ex-date=3-18-02. Rec date=3-15-02. Pay date=3-18-02
Transfer Agent:
Standard Registrar and Transfer Co., Inc., Draper, UT 84020
and from the FORM 10-QSB 23/05
Vinoble, Inc.
(A Development Stage Company)
Condensed Balance Sheets
June 30, March 31,
2004 2005
(Unaudited)
ASSETS
CURRENT ASSETS
Cash $ - $ 67
Prepaid Assets 302,582 213,333
Deferred acquisition cost - 235,246
Other Assets 384 384
Total Current Assets 302,966 449,030
TOTAL ASSETS $ 302,966 $ 449,030
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
CURRENT LIABILITIES
Accounts payable and accrued liabilities $ 191,650 $ 224,508
Accrued liabilities - related parties 148,367 45,031
Bank overdraft 14 -
Notes payable with accrued interest 41,926 -
Notes payable with accrued interest - Interactive Ideas Consulting Group 161,192 170,801
Total Current Liabilities 543,149 440,340
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred Stock, $.001 par value, 10,000,000 shares authorized
Series A Preferred Stock, nil and 100 shares issued and outstanding, respectively - -
Series B Preferred Stock, nil and 100 shares issued and outstanding, respectively - -
Common stock, $.001 par value, 400,000,000 shares
authorized; 150,571 and 20,005,000 shares respectively, issued and outstanding 151 20,005
Additional paid-in capital 4,224,665 18,168,712
Stock subscription receivable - (418,931)
Common stock held in escrow - (5,000,000)
Treasury stock, 1,620 shares - (810)
Accumulated deficit (4,464,999) (12,760,286)
Total Stockholders' Equity (Deficit) (240,183) 8,690
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 302,966 $ 449,030
not buying the company, buying the chart. Don't really care about the company financials.
They live from make thin air paper without any value.
Back at the office ;)
What a crazy move !!! I've sold at the high of the day................. buying more now
Hey Gordon, whats the big deal with the Financials ?
Take a look at AMRE, it's just a suite in LV and was up 2000% in 3 days
then buy the graph i posted.!!!!!!!
Probably you are right and i'm wrong. GLTY
Now that it has dipped back to .21, is this a buy once again ?
I'm buying at $.19
Todays action isn't good, currently a high volume failed breakout continuation, Large shadow on top of candle never a good sign. Look for buying volume to come back in, because that is what is currently missing. If it can close above 0.25 then that will be positive.
Quote from: aussietrader on May 25, 2005, 01:31:11 PM
Todays action isn't good, currently a high volume failed breakout continuation, Large shadow on top of candle never a good sign. Look for buying volume to come back in, because that is what is currently missing. If it can close above 0.25 then that will be positive.
you a got a point..............
but it could be also closing this gap, this things happens sometimes. the first 20m of trading, was panic buying, followed by panic selling, now ppl is waiting to see whats happening, but i'm sure tomorrow could be the big move.
... now support. If the company had good financials of course it wouldn't be at these levels.
Probably when the stock was at $500 had good financials, or at least good perspectives.
Now at $0.23 she's garbage, you might say ... suckers buy good companies that turn into garbage. Speculators buy garbage that turns into good stocks.
I don't know if this piece of shit will turn into a good company, I guess not and I don't care.
But I believe VNBL.OB will be 100% higher in the short term. And the only way to test this believe is with money. For a sucker play I'll get a sucker pay. A speculator knows these things happen from time to time, he'll just admit the mistake, stop being wrong by selling the stock and move on to another speculative venture.
... diversification guarantees that I can't lose more than 6.66% in one single trade, even if the stock suddenly gets delisted or something.
Big potential, big risk, but not putting all the eggs in the same basket, of course.
but let me say 2 or 3 things about this POS.......
1) In november the company name was Ohana Entrprises. Traded in the OTC under the ticker OHNA. It goes to 0.0003 and at 2004-11-19 make a RS 1 to 500. Makes a reset and start again.
2) The chart has that configuration because the reverse split (lots) they made from time to time.
3) Never in is lifetime the company was at 500 bucks.
4) The work force is 1 >:( >:( ???
5) get a look www.vinobleinc.com the company's site????
But like you said is only a short term trade with a goal. GLTY
... I would discuss this company's fundamentals with you. I won't, I say you're right. Absolutely right in everything you say.
But that doesn't mean, at all, the stock won't go up 100% in the next few days.
I would like to see it close above $0.23 today, if it doesn't perhaps tomorrow I'll have to sell.
only Good Luck To You....
Only your real friends will tell you when your face is dirty ;D ;D
Arrrrghhh, big loss on this one, 24% >:(
There's nothing I can do, the stock had such a strange behavior yesterday, I had a paper profit of 52% and ended up losing 24%.
Like I said, for a sucker play I get a sucker pay. Good lesson. I need to be much more carefull when buying penny stocks, AMRE had a good story, so I've profited 1200%. VNBL.OB had no story, I was a gambler and lost.
Take my loss and move on ...
David, you're the wiser, as I have decided to ride this roller coaster. We're on the way backup slowly, though. Not a believer that we'll see .30 again, but if I can breakeven I will be out.
... for that kind of wishfull thinking atalltexan :-\
The stock doesn't know what price you bought, she doesn't even know you exist.
I wish you luck, but the best luck you can have is to learn the lesson of not thinking about the price you bought when it comes to selling a stock. The stock doesn't know, the market doesn't know so your analysis shouldn't consider the buy price.
The road to big profits comes from this trial and error process, keeping track of mistakes, understanding them and try not to repeat them.
Let me give you a point in your rating for encouragement ;)
RSI says buy. Look for a 1-2 day short term play
Changed Ticker Symbol
VNBL.OB/'MXXR.OB' is no longer valid. It has changed to MXXH.PK