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GSHF

Started by eliteG, April 10, 2006, 11:53:17 PM

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stocky

#45
G, I think VRDM may be considered for the pennies portfolio.

And applaud 3SoF team for having eye for GSHF.

berloga

EliteG: I've never bought any penny stocks, but this just looks way too hot to go by. What would you consider a decent entry point at this particular juncture? Would you suppose the stock should pause like the last time it made 50% move, before another substantial spike or could it continue due to the growth in oil prices? Thank you!

tokyopua

Yo G!

Granted we rode it down a little first, but having a stock gain 50% in one day was a first for me, thanks!!!!  Crazy to be up so much on such a down day for the market too  ;D

You mentioned in G-TA that the breakout was on the famed g-pattern, can you show how that pattern developed, what it looks like etc?
Chance favors the prepared mind

eliteG

I'll try to answer all the questions on GSHF with this update.  Up 42.92% in 5 trading days for us.. I am ok with that.  ;)  :D  :o  Glad you guys and gals are enjoying it as well.  :)


update GSHF:


Wow there is a lot to cover here.  Let me make a list and elaborate on some points of this tremendous play.

- Ethanol trend is strong
- VRDM and INSQ(both owned by GSHF) are trending upwards strongly
- G-pattern breakout today

The market was down today today but the Ethanol plays moved big.. all day long.  You always want a stock in the hot group.  There is nothing hotter than ethanol.

-----------------------------------
VRDM is 70% owned by GSHF
INSQ is 80% owned by GSHF

VRDM mkt cap = 12.78million * .7 =  8.946million
INSQ mkt cap =  45.02million * .8 = 36.02million
8.946 + 36.02 = 44.966Million

GSHF mkt cap = 35.68million

The current valuation of GSHF is cheap especially considering the fact that GSHF.. owns more companies than these 2!  :o  >:D  This makes GSHF a safer play as well!  ;)
----------------------

The G-pattern is best explained on the chart.  What this data means to me is that GSHF has just begun its dynamic move.  We have a hot group play, an undervalued penny and an amazing technical signal... We consider GSHF very buyable at this level!  We are looking for more than 100% on this play.  :o 8)

------
Position: bought GSHF @ 0.233 on 4/11/2006
Order: Hold
Exit: evaluate on close data
Target: n/a
------

stocky

#49
If you had seen runs in XSNX.OB and PTSC.OB you will know that it was never too late when they were in penny. The problem starts with change in momo shift and/or bad press or something worse. But with crude above 70$ anything alternate is the best bet. Personally I will add just a little to make my holdings some fancy even number ;)

nutsterrt

Thanks for answering, stocky. Accidentally deleted the post  ::)

dakdust

Holding and Happy.

Has anyone noticed in their annual report , posted on Monday, that they earned $.03 per share in 2005, and also they would give dividends to shareholders?

This info was near or at the very end of a lengthy report.

Is that what's helping propel this stock and what do dividends mean to us as shareholders (as in the likely event we would get something out of this)?

I hope I've shared something of value her, and thanks in advance for input.

nutsterrt

dak-
Noticed this as well. Don't believe it's payable to shareholders. I also noticed an inconsistency with this, in that they report 63.5MM shares in the report, though they are currently sitting a little above 100MM,  I believe. Hope it doesn't turn out like INSQ..

INSEQ Corporation (OTC Bulletin Board: INSQ) announced that 4,948,173,844 shares of its common stock were outstanding as of April 16, 2006, not 367,243,231 shares as mistakenly reported on the cover page of INSEQ's 2005 Form 10KSB.

Stocky2000

#53
what a bullish stock i am back in at 0.26. I thought it going to test the g-pattern breakout at 0.25. It did!! at 0.255 so i entered a order at 0.26...there were not many shares to pick up:) but i got all i wanted.. 8)

tokyopua

Added more shares at .275 on the dip this morning, all averaged in now at  .25
Now will sit back for the ride and see if all those quarters get turned into silver dollars  ;D
Chance favors the prepared mind

Leaira

Great call, tokyopua!  Right at the 5-EMA!!  That's where I would have put my bid if I was going to buy some, but I've never traded an OTCBB stock before.  I know they are alot riskier and cost more for commission than regular Nasdaq stocks.  Maybe someday I'll try one!

Good luck!
Leaira

Stocky2000

QuoteGreat call, tokyopua!  Right at the 5-EMA!!  That's where I would have put my bid if I was going to buy some, but I've never traded an OTCBB stock before.  I know they are alot riskier and cost more for commission than regular Nasdaq stocks.  Maybe someday I'll try one!

for me every stock is a risk....in order to win more i risk more....still a blue chip can crash...there is no stock safe out there.

netfishmademerich

Quote from: Leaira on April 18, 2006, 12:11:24 PM
but I've never traded an OTCBB stock before.

For short term trading it's okay I think, as long as the volume is relatively high so you have liquidity.  Worst part about penny is liquidity but I don't think we are going to have that problem with this one.  Look at WDPT.  That one volume is scarrily low in the last few days.  If we need to bail suddenly on that one, it will get real ugly real fast.

Leaira

OK, I see that this stock has come back down to the upper bollinger band, and it's near the G-pattern breakout again.  Do you think 26 cents would be a good price to try to buy tomorrow?  What would you say is the likelihood of this going back to the low 20's?  This would be my first OTCBB stock, and I don't want to lose on it!  It went down 17% today on higher volume than yesterday's 50% move upward.  Looks like 26 cents will be right at the 5-EMA and 21 cents will be at the 13-EMA.

Thanks,
Leaira

fous

Good luck with your first OTCBB Learia!

Just gonna give some input on my opinion of an entry. For starters i'll tell you i bought some more at .275 today right near the close. This wasn't the best entry i could have made today but im pleased with where PPS stands at the close which is why i bought

Theoretically with Tall white candle sticks( Called marubozus ) like we witnessed yesterday, in order to maintain its bullish status you want to see support hold up right at the midpoint of the candles opening and closing prices. In GSHF's case it closed just slightly below it which isn't too big of a deal. When i look for support on tall candle's i usually set my stops just below the midpoint. The midpoint for yesterdays candle was roughly .28 and todays close was .275 where i made my entry.

Prior longer term support was the last peak we saw at .27. So i see the area of from .27 - .28 as a bullish status buying zone. Wich is where i would like the stock to stay above for me to feel comfortable and maintain my bullish status on this stock. Since the closing price fell within this bullish range it gave me enough reason to add more  to my position. Though it did fall near .26 towards the .25 G-support you could have made a better entry than i did. Though i wasnt as comfortable filling my position in that range so i waited til the close to see what happened and thankfully i was glad to see it close within "my" bullish status range.

So this may retrace some more tomorrow who really knows. But i feel comfortable with my added position. Good luck and nice fill to anyone who got in on the early morning dip near .26
trade it like you mean it!