AMEP.OB is starting up again

[gmarc66]

thanks runforthedoor!

that would be very nice if it doubled from .03!

you decide tomorrow, see if it still looks good...and then will both be in for the ride

it seems alot of people are positive on it..so, perhaps it will go to a good place...lets hope so.

good luck on your decision

julia

[higherstocks]

Hey Julia,  I understand the nervounous.    Nobody can really be 100% sure.  But from my  experience this stock is being talked about alot so I would not worry.  I think you will be alright with this one.  I see a couple more buying days with no dips (remeber nothing is 100%)  One tip as to when to get out is look for heavy volume at open with a drop in stock price might be 5-6% but with heavy volume at open.  Just like you look for heavy volume at open with a stock slowly moving up in the morning same thing goes for when you see a sell off.  Good Luck to you

[digitx]

Thanks al.

I was lucky to buy at 0.0180. It is almost doubling for me. I called my broker and was late to sell. Maybe for the best. I'll hold for the next few days until I see the large volume at the start and then sell.

Good luck to all.

[gmarc66]

Thanks for tip Higherstocks!

But, just to clarify...u mean...that from the opening price and on heavy volume sell offs with the price trading  below the open price and not going above it...then i should sell as it most likely will not regain itself and continue higher?

hmmmm......that means u have to be really fast to sell?  I've heard of the 5 minute rule...to see where its heading...but, is that really enough time...doesn't 15 minutes give you a better idea as it lets things settle a bit to see which direction the price is really going?

thanks so much!

julia

[gmarc66]

Hey again Higherstocks,

just wanted to add....

so u think right off the bat...that heavy volume sell off below the open price is a great indicator rather then waiting a bit?

im asking because i really have no clue...and if it works for u most of the time...then..hey...maybe i should try it too..i never know when to buy or when to sell...so i appreciate all advice on what has worked best for you in your experience.

thanks again....

see, these are things i need to know!!

it's the little tips that really save u in the end

please throw me a lifesaver...lol

[digitx]

Good questions. I want to know too. I am a nooby noob.

[higherstocks]

Hey Julia,  With stocks like this where you have such an icrease in volume a great indicator is the first 5 minutes or so.  I mean you kinda of have to have a feeling for this.  Look at the average volume and on this runs with big volume and goto www.otcbbtrader.com and look at how many trades took place.  You can kinda of get a feel for lets say with this stock average volume was 11mil in the last 30 days today 140mil with 2591 trades.  The # of trades is very important,  your playing sort of a trend.  So now when will the trend end (hard part)  If you see price go down with 4-5 million in the first five minutes good time to think about selling.  Most profit taking also takes place at the end of the day (With OTCBB and Pinksheet stocks).  Most "trend" stocks on the otcbb have most of there buying at the bell.  Now we are talking about otcbb and pinksheets dont apply same logic to bigger markets

GL

[higherstocks]

Something else to look at:

Fibonacci retracements based on current high/low

 
low: 0.0218             high:  0.033

38.2%   50%     61.8%     76.4%    100%    127.2%
0.0287  0.0274  0.0261     0.0244   0.0218   0.0188

50% and 61.8% retracement is important.  if hitting this level sell

[digitx]

Thanks for the info. I can really say you are a genious. I wish i know 1/256th of what you know. I can learn though. Thanks again.

[gmarc66]

Hi Higherstocks!

Thanks for all the info!

I actually always have otcbbtrader.com up everymorning, problem is it is a 15 minute delay...how come u can see the first 5 minutes and I can't? Thats weird.
But, i agree that is a great tip and one i actually check periodically throughout the day..that's how i find whats moving...good site.

Hey Julia, With stocks like this where you have such an icrease in volume a great indicator is the first 5 minutes or so. I mean you kinda of have to have a feeling for this. Look at the average volume and on this runs with big volume and goto www.otcbbtrader.com and look at how many trades took place. You can kinda of get a feel for lets say with this stock average volume was 11mil in the last 30 days today 140mil with 2591 trades. The # of trades is very important, your playing sort of a trend. So now when will the trend end (hard part) If you see price go down with 4-5 million in the first five minutes good time to think about selling. Most profit taking also takes place at the end of the day (With OTCBB and Pinksheet stocks). Most "trend" stocks on the otcbb have most of there buying at the bell. Now we are talking about otcbb and pinksheets dont apply same logic to bigger markets

Yes...great tips!!!!..but, the profit taking at the end of the day does not really indicate that the rise will not continue the following day, right? Aren't they mainly just day-traders taking their profits?

Something else to look at:

Fibonacci retracements based on current high/low

low: 0.0218 high: 0.033

38.2% 50% 61.8% 76.4% 100% 127.2%
0.0287 0.0274 0.0261 0.0244 0.0218 0.0188

50% and 61.8% retracement is important. if hitting this level sell

So, if the retracements of 50% and 61.8% happen during the 'intraday' high and low prices...then i should sell?...or are u speaking about after they had their rise for a period of days and then they start to downtrend to those percentages?  See..i have actually seen stocks that during the day after huge volume and price rises, have actually dropped dramatically to below the 50% level  during the day and then shortly there after  again within the same dayrise right back up again and recover itself...perhaps not to the high of the day, but still above the open price. Eg...didn't BRVO, BIDU do that during a day of excitement?

One of my problems is I also panic sell when i see the prices drop too much..and sometimes that happens within a few days time, where they go up very nicely on a run..then retrace back heavily...only to regain its high or exceed it a week, 2 or 3 weeks later. Eg. PLKC.

I think i just don't understand at what point in time i am applying thes fibonacci retracements...is it intraday, over the period of the run, over a 3month, 6month time frame?

Thanks so much for your advice, it is helping me organize the rules in my head better, getting a clearer picture of how to handle my buys and sells.

julia

[setravis]

On the move in the pre-market.......
+9.06%....Volume.....50,000

[atalltexan]

On the move in the pre-market.......
+9.06%....Volume.....50,000

So how do you see playing this today, particularly for those looking to enter ?  I expect initial runup, then some level of pullback. 

[gmarc66]

Is it time to panic sell!!

thanks julia

[higherstocks]

Not yet Julia,  Hang in there its only because of the long weekend.  I sold for a 63% gain on this one and will enter in next week again.  You bought at .03 right?  Hand in there and see what happens Tuesday.  Its normal to have a little selling pressure the day before a long weekend.

[fill_the_gap]

Added at .0266.

Want to see what the new Rig can produce.
This could be a big winner.
If not, we know the trading pattern.

If new support holds, this is a nice entry or addition, IMO.

The energy crisis is not going away any time soon. 

I feel very sad for the people of New Orleans. 
Awful situation.     Thoughts and prayers and aid be with them.