3SOF

Quote from: eliteG on March 02, 2006, 04:59:54 PM

Quote from: la-onda on March 02, 2006, 04:39:33 PM
may I ask for CWLC feedback?

http://www.3stocksonfire.org/trading/index.php?topic=1020.new#new


thanks
Oliver

Hey Oliver.. CWLC well hmm I kinda like how its fading back, seems organized on this low volume.. right around the 9 ema and gap support, perhaps if it can make a move here with volume it might be able to rock and roll but it did have that vertical climb recently.. hard to say may need to jiggle around for a while.

Today appears to be a reversal day for CWLC. I'm placing a bet on it. Even if it only succeeds in retesting the high and fails there, that would still be a 50% gain.

I see a some of trades in PTSC below Bid @ $1.4. What does is mean and how it's possible?
Sometimes someone could make mistake, but only single not multiply mistakes?

Quote from: gri64 on March 03, 2006, 11:52:46 AM
I see a some of trades in PTSC below Bid @ $1.4. What does is mean and how it's possible?
Sometimes someone could make mistake, but only single not multiply mistakes?

I think this can be for 2 different reasons.

1.  Sometimes market makers did not account for the trades they made post or pre-market during the trading day and are posting them.

2.  Sometimes a big order might be worked on at a lower price.. the seller may have entered ina much lower price to get rid of his shares and instead of bouncing through all the levels the market makers are taking care of it at the best price they can get.

These trades below the bid I think should not factor into trading decisions but its good to be aware.  Also remember that PTSC is still a .ob and doesnt have the stricter regulations of a full blooded exchange.

Hope that helps gri64 

Thanks and once more applaud eliteG 
I'm learning a lot from your posts.

So, impossible to use (to buy) trades under BID, only "good to be aware" ?

One more question: every day I see in penny stocks some trades above ASK i.e. PMED ASK 0.018 and some trades at 0.18 and 0.193   

Is it a simple mistakes? Is it possible to use such mistakes?

opinions on mbay, now 1.35 +0.24 on the day.

Quote from: gri64 on March 03, 2006, 12:24:26 PM
Thanks and once more applaud eliteG 
I'm learning a lot from your posts.

So, impossible to use (to buy) trades under BID, only "good to be aware" ?

One more question: every day I see in penny stocks some trades above ASK i.e. PMED ASK 0.018 and some trades at 0.18 and 0.193   

Is it a simple mistakes? Is it possible to use such mistakes?

I know what you're talking about.. I honestly do not factor that into my analysis at all, it happens so often in these pennies(its because they're pennies, not regulated as much)  I say not to worry about it, again just to be aware that strange stuff is going on.

thx gri 

Quote from: catrader on March 03, 2006, 12:34:47 PM
opinions on mbay, now 1.35 +0.24 on the day.

MBAY i believe is a stockster pump.. moving nice but now right into resistance @ ~1.50.. These are dangerous!  I will always say to stay away from a pump stock.

think glif might be save to get back in?    I guess many were bullish on this before.   seemed to consolidate in the 0.02's for a while, now 0.026 +0.003 on the day.

Hi EliteG,

Please take a look at AVNX - at around day's high - RSI 90 - hold or lockin profits?

Thanks
Lalitha

Quote from: catrader on March 03, 2006, 12:53:39 PM
think glif might be save to get back in?    I guess many were bullish on this before.   seemed to consolidate in the 0.02's for a while, now 0.026 +0.003 on the day.

Yea we were looking at this yesterday.. GLIF making a move from its quicker avgs(20,50).. nice volume.. I dont know I think it might be worth a shot. 

Quote from: lalitha0 on March 03, 2006, 12:54:06 PM
Hi EliteG,

Please take a look at AVNX - at around day's high - RSI 90 - hold or lockin profits?

Thanks
Lalitha

AVNX - Its a nice move Lalitha.. I cant tell you to let this one go yet.. it made a strong move so far today after a tough candle to get over yesterday.. If you feel too anxious I suggest selling partial(it is at a bit of resistance(psychological and historical) @ 2)  Goodluck 

New Pick: PWEI bought @ 25.78

Awesome technicals and I browsed the fundamentals, magnifique.  Since this is a higher priced stock than the usual play on this thread I'm going to start a thread in Stock Picking for those who want to follow it.  It doesn't promise returns like a penny does but it looks very solid.

Link to 3sof thread: http://www.3stocksonfire.org/trading/index.php?topic=2429.new#new

Thanks G,

I will wait till the end of the day and see if it will close high.
I am tempted to buy PWEI but it is at an all time high. I will watch for a pull back.
Thanks
Lalitha

Hey elite, what do u think of ADVC?
It's holding up well with sustained volume  after G breakingout at 0.18 a few  days ago   It goes up out of the gate everyday, then pulls back, but never crashes. looking like it's consolidating. are u smelling another big leg up too? i have flipped it a couple times with decent profit. Thinking to enter again.
what ya think wizard?  
Thanks for everything! applaud!

Quote from: lalitha0 on March 03, 2006, 01:16:33 PM
Thanks G,

I will wait till the end of the day and see if it will close high.
I am tempted to buy PWEI but it is at an all time high. I will watch for a pull back.
Thanks
Lalitha

Sounds like a good strategy Lalitha.

I bought PWEI at an all time high for a reason    Because I think it will continue to make them in the coming weeks.  My stop is around ~ 22 and I'm looking for 35-40.

Quote from: eagerlearner on March 03, 2006, 01:18:59 PM
Hey elite, what do u think of ADVC?
It's holding up well with sustained volume  after G breakingout at 0.18 a few  days ago  It goes up out of the gate everyday, then pulls back, but never crashes. looking like it's consolidating. are u smelling another big leg up too? i have flipped it a couple times with decent profit. Thinking to enter again.
what ya think wizard? 
Thanks for everything! applaud!

ADVC - I like the higher lows everyday(except for that one glitch).. maybe it is getting ready to run again.. hard to tell.. because I see some resistance in this zone.

check out MMGG and HOMS and maybe some BITS

Hi elite
Two stocks to watch
NMKT
CTCH
have a great day