I appreciate your optimism but this is still a penny stock and it has a particular behavioral pattern which is unfortunately hard to deny. We have seen run ups like this before and then not hold. Caution is warranted at this point since this build is on expectation and no solid news. Look what MNKD did with news and where it is now. Just a cautionary tale. If someone wants to debate the behavior feel free, but it is not a sure thing like many believe. Go ahead and give the post a thumbs down, if you wish, but I would believe that this consolidates back to $0.11 sooner than it hits $0.15 like many think. Do I hope I'm wrong? Sure, but history is on my side of the argument as it relates to AMBS and news/conferences. JMHO.
I would say if you aren't in already, you would be right. If you are in, I would be hesitant of adding more. Reason being we have seen runs up to conferences and then the sell off immediately thereafter. Just a thought.
Exactly. They can not tell you squat outside of general statements. This is my fundamental problem with certain people on this board who say that they get certain information. Much of it is unsubstantiated and could be construed as potentially insider information and hence a securities violation. No manager is going to put themselves or their company in that position. The appearance or impropriety is as bad as actual violations in many cases.
It is apparent that the person you are asking is nothing but a paid board spammer. There is no system that they employ nor is there any strategy that they use. In fact they don't trade anything. They are paid to come onto these websites/boards and spread lies, deceit and mistrust to get you to sell. Engaging them just gets them paid. Ignore them, especially since the alias was only created today. That is lesson 1 in the penny stock game. They are here to move the price for the benefit of their masters, in one direction or the other and separate novices from their shares to then pump and dump them.
Any time someone puts a "Honeymooners" line in a post about a stock, you are immediately discounted as a pathetic pumptard.
Did Gerald kick you out of the office this morning and from under his desk and it prompted you to write this?? You are truly a pathetic human being. This is the same kind of stuff that you attack other people for. What a weasel.
Many "flippers" as you call them actually sell and buy back on intraday moves. Many do not stay out of the overall position overnight. I don't characterize myself as such since I hold a core long term position in case of unexpected news and the pattern of behavior of this company after a PR. So call me a flipper, I prefer being able to make money in both the short and long term.
Point out any post where there is materially any incorrect information I have stated that would be considered a bash of this company. The release of the blog yesterday was nothing really new that had not been discussed in the past. Get over yourself and get back under GC's desk.
I'm not a chartist by any means, but this stock has certain behavioral characteristics, especially when it comes to PRs. Always a boost, always a retrace. One time it might not be like that, but after reading the PR it was pretty clear this was not a real long term price moving event and you could swing trade it if you wanted to. I wouldn't and didn't risk the whole position as I am not stupid, but I did dump some yesterday post release and bought it back this afternoon. I don't have huge numbers of shares in this as I am not crazy, but when you can pick off some money on a rise and buyback lower, why not?
More than likely, but I'm thinking we see $0.108 in the short term, with a stop at the $0.116 range to complete the H&S from today and then the deeper H&S started on the 17th.