Well, remember my trade at $4.76? I thought I was early in selling some!
Now, I'm looking to reload it back. Looks like some big traders are really getting killed in the last two days. LOL
Again, wow!
Big reversal on the highest volume for 3 and half hour trading. That's why I was nervous about those blind pumping. This message board is starting to look like full of clueless newbies and gamblers.
Margin calls coming up? Big shareholders are getting out for sure.
Never go crazy with the hype.
Did you see HIMX crashing down now? PXLW was so much hotter in its early days in 2000.
Right. Idiots like you never have it in you.
It's about supply and demand. This junkie has seen its top.
Still want to chase this thing?
Will $5 be able to hold in time? When the biggest shareholder wants to get out, watch down below!
Do you really think that you, the pitiful retails, know more about this company than the biggest shareholder? The odds are staked up against you - suckers/losers/chasers. What else is new??
Wow!
Sold 2/3 of my position at $4.76 after hour and pre-market. Have to love those shorts - they're chasing it now.
This little wild riding is developing into a big surprise thus far. But the article by SeekingAlpha always makes me nervous holding those stocks. Those people rarely get it right for the long term, very rarely.
So, you must forget about the fact that the company has had a lousy history in just about everything they've done, and never really made any money. Who knows? Those people might get this stock into $5 again.
Remember I'm the first, anywhere on Wall Street, who demonstrated the "short volume ratio" and its applications in real time trading. It's a lot of work and a lot of thinking, and a lot of research. It must be done in the context of many other things. My work is proprietary and is based on real time data analysis. Most importantly, it works b/c it tells the truth in trading - which side is doing what in real time in term of the big picture. That's truly valuable info - there is nothing to be exaggerated with this indication.
Recall on June 10th, I posted the following in this topic:
"The first indication of big rally was confirmed - Wow, what a timing!"
And on June 12th, we saw the big rally. Even though the shorts continue to manipulate the trading fiercely, they're losing control and losing money fast!! As you have witnessed many times now, the "short volume ratio" that I demonstrated works very well. I've studied the ratio for the past 5 years in various stocks.
The day will come, when the biggest shorts in ROYL be run over by the biggest buyers, all the way to $5-6. That's what the short volume ratios are telling me.
So, I'm a buyer.
Well, what do you have to say now about yourself, Scott Vincent? You're a fraud!!
Review my posts in this topic.
In the stock market, the most difficult thing to do is not to come up with a winner, but is to hold onto your position at the bottom ranges when you have one potentially huge winner - ROYL was a $14+ stock once.
Let me give you one most recent example that I regret so deeply. AFOP - most of you probably don't know that stock. I watched that stock tumbled from $18 to $6-7. I was right there, and posted, BUY. I loaded up AFOP between $6 and $7 in 2011. But the stock spent the whole of 2012 languished around $7-$9 range. I held on to it until I got so fed up! In early 2013, it finally exhausted my patience and I sold it at $12 and change. Guess what? Once I sold out, the stock left me in cold - today, it is trading at $22-24. I missed the biggest move! and I deserved it, b/c I failed to hold onto my winner, and lost perspective and patience.
The moral of the story? Once you have a winner and it shows all the signs of huge potentials, you must hold onto your position from bottom up. You must build on your winner, and you must not sell it b/c you lost your focus on the big picture.
ROYL will hit $14-15 in 2013/2014/2015. We don't know which year, but it will!
Nice move!
Those shorts kept the pressure, and lost BIG. Again!
What else is new?
Watch the stock jumps into $5 one morning! Remember I kept saying to buy when you still can.
Those idiots/liars keep coming up with new ids. Fortunately, Yahoo has unlimited storage for those ignored ids.
A bunch of idiots keep chasing this stock, which is clearly manipulated by the underwriters in order to sell those new shares.
10 mln shares at $6/share looks to be the case.
LOL
From my observation for the past week or so, the real "trading" has been among the shorts mainly. Those moves down here have been bogus moves. There has been no real sell off.
I didn't have time to finish the explanation. That was not on an up-day, when short volume ratio is at least 1/2. That basically explains why the stock didn't collapse, but held steady - pure short selling can never take down a stock for real.
On an up-day, short volume ratio rarely reach 1/3 in any stock. If that ratio reaches 1/3 or over, it would indicate short-squeeze coming up in most cases.
Did you see that? I'm sold out at $2.85. What a great trade and huge and quick win that was!!
Now, learn and bet against that poster, ALWAYS!!
What does a short volume ratio of over 1/2 imply?
Let me put it simpler for those who are still learning. Assuming the net trading volume for the day is 200,000 shares, for instance, in order to reach a short volume ratio of 1/2, the short volume must be 100,000 shares. Therefore, it basically implies that the short selling is "matching" the buyers' order in every single share bought. Or, it means, there was no net selling.
Accordingly, whenever the short volume ratio is over 1/2, it means that shorts put out more shares than buyers bought - net buying. There was no really selling at all.
Whenever and wherever this poster showed up, it's a tell that the stock is heavily manipulated. The posters always refer "itself" as "Sierra World Review", even it is wrong most of the time.
I traded against the poster most of the time, and I came out wining most of the time. Go figure.
I bought a little OSH at $2.08 pre-market - I don't care what will happen to the company, but merely want to bet against this "Sierra whatever Rare-view".
It's rather clear now that the "worries" and the endless/clueless bashing and shorting were all wrong, as I declared weeks ago, now that the first installment of the funding came through as the company planned.
What's more interesting is the fact that the bumps that the company kept hitting along the way have now turned into traps for the shorts/bashers. They must buy the stock a lot higher - they will have to chase it so much harder, as the weak hands get cleaned out, again and again. This trading game has shown all the signs of a classic short squeezed huge rally ahead. (Remember what I said - "I'm a buyer of the stock at these prices."
June 6: shorts unleashed really aggressively, with the short volume ratio hit slightly over 1/2, the highest in months, with the stock trading under $2.55 mostly. But the stock didn't collapse as those shorts wished.
The first indication of big rally was confirmed - Wow, what a timing!