First, I won't bore you with the company details of Allezoe Medical Holdings. If you truly are interested, you can easily look up that information yourself. For the sake of this post, it's completely irrelevant. I want to focus on the promotion of ALZM.OB. I frequently hear people say, "Don't buy that stock, it's just being pumped." First of all, most stocks are pump and dumps. If you're looking for quick gains and you are astute about when to lock in profits, pumps can be very profitable. ALZM.OB happens to be following the successful pattern of stocks with high priced promotional budgets. Allezoe Medical Holdings has at least an $800,000 marketing campaign currently under way. Capital Financial Media (CFM) is one of their lead marketers. They worked their magic a few months ago with FCPG.OB for around 600% gains. I'm not an expert in how exactly these promoters do it, but somehow Market Makers (MMs) are able to walk up the share price by controlling the bid/ask price action. The manipulation is clearly revealed in the charts. Check out the spikes below as seen in FCPG.OB, HHWW.OB, and KNKT.OB:
As you can see, the moves usually begin around $1/share with a fairly steady surge in volume. Then, the trading pattern generally follows one of two ways:
- The MMs steadily move the share price to at least $2.50 - $3.00 per share without a pullback (as shown in FCPG.OB and HHWW.OB)
or
- The MMs move the stock to $1.40-$1.50 range, allow a panic shake to occur dropping the price 30-40%, and then continue the climb to that $2.50- $3.00 per share range (as shown in KNKT.OB).
Once the stock peaks, it falls hard. Hopefully, you would have made you money and gotten out by then.
See below for the current chart of ALZM.OB:
See the similarities to the first three charts shown. I'll almost guarantee you that ALZM.OB will either continue to surge until it at least hits that magic price range mentioned earlier or they'll be a pullback for a couple of days before moving higher. We'll know for certain in the next day or two. In my opinion, if the stock does drop and the volume isn't outrageous, that's a super strong buy signal.
Someone with an interest in FCPG.OB, HHWW.OB, and KNKT.OB spent at least $1.2M, $1.5M, and $800K respectively on promotions. ALZM.OB is right on par with those other three moneymakers. Allezoe Medical Holdings looks to have the makings of the next Perfect Stock.
Nice call on the pull-back dude.
ReplyDeleteThanks Owen.
ReplyDeleteIMO, the buy signals for ALZM are a break of $1.50 or a dip below $1.00. Either should be profitable transactions as long as you don't get too greedy.
Okay scratch my question. I see now that your 30-40% pull-back prediction is consistent with a dip to below 1 dollar.
ReplyDeleteBut it makes me wish I had waited for more pull back before re-upping.
Nonetheless... I'm in at an average price of 1.12
REALLY looking forward to tomorrow's bell.
But if the pull-back could continue in the morning, then what DO you think is the proper panic/exit point?
Owen IMO I'd either hold regardless of what happens Monday or sell if it drops below $1.30. The promotion of ALZM is only about a week in. I've followed 10-12 stocks like this and there is no way this is anywhere close to being done. I will almost guarantee that this will go back up again at some point. You can always buy it back once the uptrend resumes. ALZM would have to drop below 50 cents before, I'd be concerned about it not bouncing back.
ReplyDeleteGDGI is looking really good this morning.
ReplyDeleteSolid day for ALZM on Monday. If it closes over $1.40 Tuesday, the uptrend should continue.
ReplyDeleteThe next pump is FASV with a $600K promotional budget. If you haven't figured it out yet, the more money spent on the pump, the less volatile it is. Those stocks with $1M plus budgets almost always go straight up without any dips. The money spent on FASV is less than KNKT and ALZM, but it's still pretty substantial. It should still move beyond $2.00 in the next few weeks, but don't be surprised if there are a lot of shakes.
Card,
ReplyDeleteMy sincere thanks. You've been a huge help to me. Great advice on ALZM. My success with KNKT told me I should be heeding you when I read your blog post.
So, seriously, thank you. You've been a huge help to this broke graduate student.
A couple questions about FASV.
1) How do we know when the pump began or will begin?
2) If it hasn't begun yet, WHY has the price climbed in such an extraordinary fashion the past few months.
3) If it HAS begun, then why is yesterday the first day there is been any real volume to speak of on this thing (unless my Scottrade tools are all screwed up, it looks like yesterday was the first time north of 1,000,000).
All the best,
Nic.
Owen, the volume surge is the sign that the mailers are starting to hit. You'll now start to see consistent days of a million plus shares traded. The low volume in previous weeks is basically negligible. ALZM for example moved from about .35 to 1.00 on almost no volume. Copy and paste the link below if you want to see the pump that is being sent out. The fine print at the bottom shows you the $600K budget. CFM is pumping FASV just like ALZM.
ReplyDeletehttp://www2.smallcapfortunes.com/fasv/
When do you think ALZM will top out? Will it pull back before it falls? Nice chart pattern and volume.
ReplyDeleteLBYE is the next pump I'm watching. A whopping $3.5M budget. I've never seen that large of a promotional budget before. The chart has a lot of history. That usually means it doesn't go up as orderly as the others.
ReplyDeleteOwen, remember I said FASV was going to be volatile early. It takes awhile for the mailers to spread. You won't know its a bust until at least a week after the first big volume day.
Daddykool, I'm not seeing another pullback. IMO it's top then drop. It's following KNKT pretty closely. So, my guess is $2.50-$3.00.
I just bought another 1000 ALZM. If it goes up tomorrow morning I'll buy another 2000 (Jesse Livermore style!)When do you call the top? Looking at KNKT, there was a huge surge in volume and price before it fell. Is that the signal to get out?
ReplyDeleteDaddykool,
ReplyDeleteCard thinks somewhere in the 2.50 to 3 range. But obviously that's speculation. Be careful. So far KNKT is the working model though.
Owen, my initial thoughts on LBYE is that it is a "multi-staged" pump. Because the budget is so large, it must be a promotion that is stretched out over many months or maybe a year. Because it's an energy company, they probably ratchet up the promos more so when oil is up. KNKT, ALZM, and others are more like 3 week pumps. Hence, more of a quicker bang for the buck. This is just my guess though.
ReplyDeleteFASV is looking much better today. It's still early, but this one has "money maker" written all over it. Silver is exploding. Once this one has a close over $1.20, those who have hesitated will jump on the bandwagon.
There's some funny business going on with LEXG. It's been front loaded a bit, but it's worth following.
ReplyDeleteLoaded up on ALZM this morning @1.90 and then watched it drop to 1.65 over a span of 5 minutes. Scary. Didn't know market makers could manipulate bid/ask like that. So what's to stop them running it up to $20? Card, will this uptrend continue next week or should I get out Friday?
ReplyDeleteAlso bought HERO as an oil play. Seems to be holding up well despite the downgrade. The weekly chart is a classic fry pan (or cup and handle?). If it breaks 7.50 it will test the 200 ma (on the weekly). On the daily, it needs to break 6.29. On second thoughts I should have placed a buy stop at 6.42 (Darvas style!)
Daddykool, I'm pretty certain ALZM is not going to $20 based on the trends of similar stocks. I do suspect it will tank at some point next week though.
ReplyDeleteWell, we've had our close above 1.20 now, as you signaled.
ReplyDeleteWhere is the roof on this thing?
Another gentleman that I spoke to said he's aiming for 1.45 to 1.50.
Ambitious? Conservative?
Owen, I'll assume you're referring to FASV. It should follow the same pattern as the others as long as silver doesn't collapse. There should be a steady ascent to the $1.4 - $1.5 range. Next, you get your shake for a couple of days and then a march to $2+.
ReplyDeleteIn the next day or two GDGI should break $2+ as well. The shorts are starting to cover and most people are expecting a weekend pump to send the shorts overboard. The 5day/5min chart shows an obvious sag and pop formation.
Tim, CHGY does look good here at .84 cents. Chinese stocks have fallen completely out of favor with the market thanks to the shadiness of RINO and others. At some point though, Chinese stocks will definitely be hot again.
ReplyDeleteCard, all these years I've ignored penny stocks but you opened my eyes to a workable strategy on using "pump and dump". On ALZM, is 2.50 a reasonable target or will it tank before then? I took a small position in FASV, if it goes up next week, I'll add to it.
ReplyDeleteHave you heard of stockegg.com? I got an email from them Thursday night alerting me to UGNE and GSLO and they shot up.
Daddykool, there are no assurances that ALZM will reach $2.50, but I like the odds. Keep an eye on the volume and periodically take profits to reduce your risk if you're really concerned. Regarding FASV, know that there may or may not be some funny business near that $1.50 area.
ReplyDeleteCertain pumps are better than others. The quality ones usually have big money behind them. I like the pumps from Best Damn Penny Stocks and Penny Pic the best. I also like the 500K+ budget pumps that have new charts that are obviously creeping higher.
I don't own all of these, but the pumps I have on watch are ALZM, GDGI, FASV, LEXG, and GUNP.
ReplyDeleteHi Card,
ReplyDeleteI'm curious what you think about LEXG, i.e. specifically it's prospects of mirroring plays like KNKT/ALZM. (I know, those are the dream plays, and not every one can be like them. But what are your thoughts?)
Are you in LEXG yet? I'm thinking about getting in tomorrow.
Also, FASV has been great ever since that close above 1.20, just like you said! In fact, so far it has been better than you predicted insofar as it has been real slow/steady and you had gestured toward the possibility of some jumpiness/volatility.
I'm also real interested in how PPII and TITL behaved right at the close on Friday. What do you make of it?
Really excited for the opening bell tomorrow.
-Owen
Owen, I'm not quite sold on LEXG, but that could change quickly. I'd personally like to see a little more volume and/or know the promo budget before buying. I knew FASV had $600K and GDGI had at least $500K. So, they were easy picks for me.
ReplyDeleteI'm not quite sure what to make of PPII and TITL. PPII does have a nice looking chart though. I'm not that big of a fan of TITL. I didn't think the news Friday was all that great and I think the company has been aggressively diluting. However, it could be due for a pop.
Card, I meant GDGI - not FASV. I took a small position in GDGI. Now that it's gotten over the 1.50 hump will it retrace or go on to 2.50?
ReplyDeleteSome longs on the SSN talk forum think that DEJ is going to run up to $1.00 to $1.50 by the end of May.
ReplyDeleteOwen, a stock being "thin" refers to the ask on L2. If there are increasingly higher gaps in the ask price by MMs on L2, people will say that the stock is "thin".
ReplyDeleteDaddykool, GDGI breaks out over $1.80. Typically, you get at least at 20-25% jump from the breakout price. So, I think the $2.10-$2.20 area is a conservative price target.
Actually, I want to amend my analysis.
ReplyDeleteAfter thinking about it for two seconds, I see that I was ignoring the possibility that he is willing to take much smaller profits as we near the top (come to think of it, that's the only way it could plausibly go, I think). So I guess I should NOT assume that 2.29 is only his selling point for the cheapest (purchased) shares he has.
Perhaps I should just be careful and treat 2.29 like he's gonna unload everything there.
Once again, thoughts?
Daddykool, the way ALZM is looking, you might get your $2.45's tomorrow. I generally keep my exit plan fluid since things can change so quickly, but I'm aiming for the $2.50's. I cashed out of GDGI in the $1.90's. It very well could go much higher, but I was expecting a little more today.
ReplyDeleteOwen, I'm thinking the pump with FASV started to gain traction in mid March. Yes, it's a $600K pump.
@Card where do you think Fasv will go this week any exit strategies and is a buy in on alzm to late ?
ReplyDeleteSimonVallore, I really think FASV will be all over the place until it solidly breaks $1.50. I even would not be surprised to see it dip below a buck in the next couple of days. IMO, if it goes below a dollar, load up on the bounce. ALZM, is a high risk buy right now, but it think it still could be worth it. The pattern the past few days has been for it to dip the first 30 minutes of trading and then recover to green. A good entry might be during that morning dip if they continue occur.
ReplyDeleteOwen, I don't profess to be an L2 guru. I use it, but it's never been an "end all be all" tool for me because some bid and ask prices aren't displayed and those that are shown can be pulled at a moments notice.
Card - How did you find out that Allezoe Medical Holdings has at least an $800,000 marketing campaign?
ReplyDeleteIs there an easy way to find out which stock MM promotes?
Rohan, see the link below in the fine print at the bottom for the info on ALZM's marketing campaign. I see the dollar amount is actually $1.3M now. That's why it's been acting so orderly. An inching chart is usually the first signal to check for a pump. Smallcapfortunes.com often has them. Just use the link and swap out ticker symbol.
ReplyDeletehttp://www2.smallcapfortunes.com/alzm/index.html
Is this strategy a winner, I mean consistently? To recap, find pump and dumps with at least a 600k marketing budget. Enter at around $1 on heavy volume. As it nears 1.40, tighten your stop to get at least 30% profit. If there is a pullback, re-nter when it starts moving up again. Or enter after 1.50 and tighten your stop at 2.40.
ReplyDeleteJust as a reminder, if any of you guys are making money, like the blog, and/or find some of the info in the comments section helpful in making you more money or becoming a better trader, feel free to hit that "donate" button and pass on a small percentage of your profits from some of the suggestions. I won't beg, but I'll certainly accept :)
ReplyDeleteDaddykool, the market is ever changing. As a trader/investor you have go with what's working at the time. I try as best as I can to study patterns and trends. If a person would have done what you've suggested the pass 4 months, you could have made a killing in the stock market. I just recently had enough confidence in the trend to recognize and exploit it. It's working now, but that doesn't mean it'll necessarily work in the future.
ReplyDeleteFASV should be a very profitable buy tomorrow at it's low. JAMN looks good on that breakout and ALZM just keeps on rolling.
ReplyDeleteHey Card, I wish I had some profits to donate but my trades have not worked out. It is frustrating to me that I invested in the companies with actual news and results (EDNE, BCOE, for example) instead of companies that were nothing more than pump jobs (EVCA, ALZM). Yet, I've been on the receiving end of losses. No one other than me is responsible for this, but it is silly to me what works and what doesn't. And that said, if/when EDNE and BCOE get back to even for me, I'll be looking to use that money on the next picks I read on here.
ReplyDeleteI bought JAMN @1.52, stop at 1.32. Hope it fits the mold. I have not sold ALZM yet. Will it last till Friday? Card, I don't see your donate button.
ReplyDeleteI am not holding ALZM too. Will donate when I get a good pick from here.
ReplyDeleteHow about MSMY? Is it a good buying opportunity?
ReplyDeleteDon't sweat it Tim. I forgot to ask you if you bought CHGY. It jumped about 20% after you mentioned it.
ReplyDeleteDaddykool, I'm thinking of getting out of ALZM tomorrow. I'm hoping for a monster end of day run over $2.50 and then I'll consider locking in my profits tomorrow in the morning. I've got a hunch that whenever ALZM tanks, a lot of that money will flow into FASV.
Card, I did not pick up any shares of CHGY but have seen its move upward. I'm out of penny stocks until I recoup my money that is currently in a couple of the losers I mentioned above. I've deployed my play money into some sports bets. I'm sorry, but there's no way the Phillies are winning more than 97 games this year.
ReplyDeleteRohan, in a normal stock FASV's action would be considered bearish. However, in a stock getting pumped with $600K, it's one of the classic signals for the 2nd leg of movement higher to soon start. It's done to create panic sells and suck in shorts that will be squeezed a few days later.
ReplyDeleteCard,
ReplyDeleteI'll be happy to send a monetary 'thank you' your way for this play as soon as I am out. I'm not a very big player (rather, a graduate student), so I doubt it will be impressive in any sense. But you have been a huge help to me, and one good turn deserves another.
I want to clarify something about your remarks about FASV. Two questions actually...
1) You had previously stated that you suspected the thing would take off after a close above 1.20... But recently you said it won't really get going until it breaks 1.50 confidently. Is there a tension between these two statements? If I had to reconcile them I'd say you were assuming this was a KNKT/ALZM type play, and thus the 1.20 comment only referred to the initial run (i.e. before the pull back). But even then I still can't quite make sense of the 1.50 statement. After all, KNKT/ALZM started running after the shake/dip. So is the 1.50 comment just a revised assessment?
2) Looking at the 60 day chart, it does look something like the KNKT/ALZM play, if you read what just happened as the standard pull back. But one major difference is that this stock was not trading near a dollar when the whole thing seemed to get underway, no? Is this negligible, or do you suppose it's reason to perhaps see a difference in the plays?
Let me emphasize again that I'm not looking for prophecy here. I know this is all speculation. I'd just like to know your thoughts on this.
I am watching FASV, LEXG, and now SGLB. Check the volume spike on that last one and tell me what you think. Some other promo-watchers think it's a potential pump.
all the best,
Owen
My guess for the absolute bottom in FASV is 0.86. That represents the 50 day moving average. I'm expecting a nice bounce if it gets there, but anything under a buck should be a good buy.
ReplyDeleteOwen, $1.40-$1.50 is typically a psychological sell point for a lot of trader for these stocks that start their runs in the dollar area. Once that psychological resistance is broken, a stock often times breaks out after the shake. So far, FASV has pretty much gone to script.
ReplyDeleteRohan, I mentioned I like the chart on MSMY. It's got quite a few good things going for it right now. It's getting pumped, has a nice chart, and it's an Japan earthquake play. The only downside is that it's already basically doubled in share price the last few days. That would discourage me from buying at this point, but it still could potentially go higher.
ReplyDeleteIn fact, about FASV you said...
ReplyDelete"You won't know it's a bust until about a week after the first big volume day."
That day was the 22nd, a week ago yesterday.
I'm thus REAL hesitant to get in.
Owen, you're right about some pumps turning into duds. SENY had like $850K behind it. I think the killer for it was that it never got volume. It never had more than 700K shares traded in a day and only averaged about 300-400K during the promotional campaign. Pumps can't work without volume.
ReplyDeleteDaddykool, GDGI had some really heavy hitters pumping it. Much more volume was expected the past few days, but it just hasn't happened. I'm not going to say it's done, but I am no longer comfortable with the play.
ReplyDeleteLEXG is hanging in there, but it's starting to get awfully close to that $1.40-$1.50 range. I'd rather wait and see what it does in that area before I commit to it.
I would love for FASV to finish the day in the $1.10 area, but anything over $1.05 would be acceptable. According to L2 ARCA has a massive bid waiting at $1.05 if it gets that low.
Wow ALZM is almost green. The volume today just wasn't high enough for it to signal the end.
I finally found the promo budget for LEXG. Get this: $3.3M!!!!!! I think I might need to throw a few dollars at this one. See below for the link.
ReplyDeletehttp://www.thestockdetective.com/lexg/
QIHU had heavy pre-market action, so I bought some before the bell. If this follows YOKU's debut pattern it should peak today, crash tomorrow and pick up steam next week. This isn't an OTC penny stock.
ReplyDeleteLEXG formed a doji yesterday, so I'm hesitant.
Daddykool, I didn't mean I was necessarily going to get LEXG today, but I do have enough info now for a future purchase when the chart turns more positive or there's an obvious breakout of $1.50. My key areas remain $1.00 and $1.50. I'll sacrifice any potential gains between these points.
ReplyDeleteOwen and Simon, FASV's morning shake is on really low volume, so I'm not concerned yet, but if it stays this close to the $1.00 area or lower through lunch, I'll probably bail.
Wichisf, get out of ALZM unless you want to try and play the intraday swings. Don't ever hold a pump like this long term IMO.
Simon, I'm out of FASV. IMO you are much better off cutting your losses with FASV and jumping on a better horse. I'm not in LEXG yet, but it's got the kind of money behind it where it could be better than ALZM. Right now it's mirroring the chart of HHWW.
ReplyDeleteI was in JAMN earlier in the week, but sold for a small profit. It's a little too up and down for my taste. I thought the Amazon news would have done more for it though.
ReplyDeleteLEXG is looking really good. It should make it to $1.50 with no problem. If it gets there by Friday, they'll probably be a monstrous mailing campaign over the weekend to thwart any potential short attacks.
For those of you who are willing to buy and hold for a while, DEJ is going to be super easy money. It is worth over $1.60 right now, but the share price is only 44 cents today. The company is turning a new page. They have great assets and things look real good.
ReplyDeleteLooking at the chart for the last couple of years, there are going to be some trapped long timers who just want out, so the share price may take a while longer to take off BUT IT WILL!
Over a buck this summer for sure. Very little risk at under 45 cents. If it goes down to the lower 30s again, it won't last long.
Frank, I'll check out DEJ. You certainly were correct with SSN. Remember, awhile ago I mentioned that I thought FOSL and DIMEQ would double. It took about 3 months longer than I thought, but it has basically happened.
ReplyDeleteSimon, all pumped stocks have heavy short interest. It difficult to explain, but I can generally tell when short selling occurs. Certain MMs are more known for shorting than others. Right now, CSTI is one of the biggest penny shorters on the market. Shorting to a certain extent is great for a big money pump though. Those short squeezes are what generally help stocks like ALZM make new highs daily.
Frank, I unfortunately only sold FOSL for only like 20% :(
ReplyDeleteDaddykool, I didn't think LEXG would move this quickly but it has. It flies with volume. I shouldn't be surprised though because the float is much less than HHWW, KNKT, and ALZM. After comparing share structures again, LEXG mirrors FCPG much more so than the other pumps. I don't want to get too excited, but you can look at the FCPG chart in the blog post to see the potential ceiling.
Been following this thread for a few days since I found it while researching alzm.
ReplyDeleteFirst off, what are you guys subscribed to that you get these mailings when they first come out? I didn't get the alzm one till about 26 March through Zantrino network. would have been nice to know about back when it first started picking up.
Second, I like several others am in LEXG around 1.40. If its really like FCPG, can we really expect to see $5.50-6 before it dumps?
Lastly, SecretPennyStocks just started pumping ALZM today. Its unusual for them to pick one that has already been so heavily traded, but it usually does generate lots of volume. Maybe the pumping isn't quite done for ALZM yet?
Guys, these penny stocks are an entirely different animal than regular stocks. So how do we decide when to sell? Usually after a few days' runup there will be heavy profit taking, and the first half hour can be scary. I know it's not a good idea to try and call the top and we shouldn't be too greedy. A chart like ALZM was easy to play as it just kept making higher highs and higher lows like a step ladder till it started tanking. But even there you have to know the difference between panic selling and a breakdown. I usually look at the one-minute chart for areas of support. I'm faced with the dilemma of setting a sell limit (if you're quite sure of the target range) or a sell stop to be more defensive.
ReplyDeleteJim, I personally don't subscribe to any services. I typically look for fishy looking charts and then do internet searches on the ticker.
ReplyDeleteI wouldn't necessarily say that ALZM is done, but it is just to risky to hold right now IMO. Wichisf, I think all the big money has been made, but this very well could be the start of a third leg. Jim, those big time pumper groups like Secretpennystocks are typically more effective pumping stocks that are under the radar. I don't believe ALZM fits that criteria any more.
Owen and Jim, the LEXG comparison to FCPG was only meant to project a possible ceiling for the stock, but I think it is unreasonable to have that as an actual expectation. I'm sticking with $2-$3 for right now if it can comfortably break those $1.50's.
I see the big volume surge in LEXG during the middle of the day yesterday was Sykes and his herd buying. He typically doesn't hold on to shares long so I wouldn't be surprised to see this dip a pretty good bit even if it does go over $1.50 as his crew exits. Them leaving will cause a pretty big shake, but I expect the weakness to be bought.
ReplyDeleteOwen, you are spot on about LEXG being a little to good to be true, that's why your expectations should stay conservative. Always keep in the back of your mind that when too many people catch on to stock market patterns, that often signals the beginning of the end. That's why hot plays from the past (ie. Chinese stocks, solar, oil, and now pumps) generally have a short shelf life.
If LEXG turns into a monster, it will be one of my earlier finds. If you read all the comments, you'll see I first saw it on 3/24/11. I actually bought it for $1.07, but sold it quickly for only about 10% since I didn't have all the pieces to the puzzle. Hindsight says I should have held, but guess you can't get them 100% right all the time. The L2 and excellent volume today tells me $1.50 is probably coming today.
ReplyDeleteFASV is back up to $1.10, but the volume is still way to light for me to have any regrets yet.
ReplyDeleteYou know, since I'm involved in a sort of ongoing discussion with you all, and since I have benefitted greatly from it (we all owe Card a ton of gratitude in my opinion), I thought I might pass this on your way.
ReplyDeletePlease note that our subject of discussion has tended to be quick, promo-plays. And while that is fine and good, I want to point you to something that is NOT that, but which - if you do your due diligence - you will see is an INCREDIBLE opportunity.
I'm only going to give you the ticker. The rest, you will see, explains itself, as soon as you look into it a little bit.
I am serious about this.
TIVU
Do it.
My best to all of you.
-Nic
There's only 2 stocks in the entire market that I like: LEXG and BORK. If you don't know a lot about BORK, check it out. It has a very interesting story and the chart looks primed to really move.
ReplyDeleteChristiansings4u, I'm not real big into the Q stocks (although they are smokin' hot right now), but GACFQ does look like it could have another nice day in it. I don't own it, but it's on my watchlist. The thing about BRZL that bugs me is that it often has a difficult time holding gains during the day. That type of activity often invites the shorts and could be a sign of dilution. It could pop, but I'd be careful with that one.
ReplyDeleteI would not be surprised one bit if BORK touches close to a buck at some point by the end of the week.
ReplyDeleteRohan, right now the ticker is FASVE due to some filing delinquency. It could still move up, but I wouldn't fool with it now. There are much better options available on the market.
ReplyDeleteIf BORK gets close to a buck do you think it would make a good exit point?
ReplyDeleteMichael, I'd exit BORK between .90-1.00 if it gets there.
ReplyDeleteRohan, I don't think it's too late for LEXG. As I've said it some of the other comments, I like LEXG and BORK a lot.
Has anybody been watching WFSN. It goes up basically everyday. Could be another dollar bound stock. The chart is moving like its undergoing a private placement. These stair stepper charts typically either come from pumps or private placements.
ReplyDeletewhat is a good target price to exit LEXG? I bought at 1.36, I was thinking it could hit the 2 bucks mark by the end of the week, what are your thoughts?
ReplyDeleteWichisf, I think you are spot on. I'm looking for $2.00-$2.50 out of LEXG even though $4-$6 is not out of the realm of possibility.
ReplyDeleteDaddykool, I wouldn't mess with ALZM. I'm hearing a smear campaign is about to start with that one.
ReplyDeleteI still like BORK for .90. The last press release hinted that more PR's are on the way. If a juicy one drops tomorrow morning to keep the momentum going, it could get their quickly.
Michael, the shorts look to be winning today, but LEXG is far from done. I'd buy whenever I noticed a definitive bounce occurring. Right now it's hard to predict the bottom with people shorting and traders running scared.
ReplyDeleteNicole, it's your call, but LEXG seems to be stabilizing a bit now. I did lighten up a bit, but I hope to recoup those when the uptrend resumes.
ReplyDeleteBORK is officially insane now at $1.35. I sold half at .80 and the other half at $1.04. Did anybody buy it and still currently holding it?
out at 1.05. no regrets
ReplyDeleteCard - Is THWI forming the same pattern as BORK? Is it a buy or wait for a signal?
ReplyDeleteRohan, IMO THWI is different from BORK. THWI was promoted and I think the recent move is more short covering. BORK was not promoted and ran more so on news. I could be wrong, but if you like THWI, I'd hold off for right now.
ReplyDeleteLEXG is beginning to take the look of ALZM and KNKT. This might be day 1 of the "2 day shake" before resuming higher. Stuff always seems to happen in that dreaded $1.50 area.
ReplyDeleteCard, don't you think this is a good time to get in oil/gas stocks? I'm in the SUN(Sunoco) $45 April calls. You don't need to know about the calls to know if it's good to get in oil/gas stocks which I think it is don't you?
ReplyDeleteThere's TONS of money in options Card. PNRA calls went up 1000%, WTW calls went up 300% recently, BAC 200%+, etc. You get MASSIVE penny stock like swings but you have some more control since they don't massively drop the bid like in pennies.
I didn't even see the new post since I was getting a subscription to the old one. lol
Micheal, LEXG has bounced off that $1.45 area twice. If it gets tested again, it probably won't hold. If it tests that area again tomorrow and fails, you could definitely see the $1.20's.
ReplyDeleteP, oil and gas is definitely not a bad strategy right now.
ReplyDeleteGVRS has a great looking chart, but the volume is totally scaring me away.
Got out of LEXG at no loss. Is it still on for 2.40? Could the shakes take it down to 1.10?
ReplyDeleteDaddykool, it's too difficult to predict how low LEXG can go. However, if it sticks to the pattern of the other pumped stocks, a buy anywhere near tomorrow's low should be very profitable.
ReplyDeleteIt would be extremely high risk to buy BORK today and I'm not suggesting anyone should even consider trying it, but looking at its chart and L2 this morning, $2+ is not out of the question.
ReplyDeleteMichael, I think you might get your 2.50 in UTOG. I recently read that their promotional literature had been saying a $500K budget for awhile. However, as of yesterday, it's now saying the budget is over a million.
ReplyDeleteWichisf, I think your $1.37's are golden. The volume just started to pick up, L2 is looking good and the stock is now green. I cannot completely confirm it yet, but I think the next leg is starting today.
ReplyDeleteCard,
ReplyDeleteIt's Nick M. again & for whatever reason my name gets jumbled. Anyway, what do you think is a good friday morning buy? Thanks!
Nick, IMO the best buy I see in the morning is LEXG after the dip that generally happens during the first 5-15 minutes. UTOG's a little riskier, but a 10%+ move is very possible.
ReplyDeleteCard, GNPG has started to run just like I told you! This is heading to .10+ short term.
ReplyDeleteFind another penny company that has $30M+ revenues and projecting $70M+ revenues over the next twelve months with a 150 million OS and a 90 million float that is around .02! They don't exist!!
You all should get some shares and enjoy the ride!
Michael, I think BORK is done for now. When it failed to break Wednesday's high yesterday, I felt it was over. If it gets below 70 cents and they release some news, I'd consider buying it back.
ReplyDeleteJim, I think you are correct. If that $1.57 can hold as the low and we finish least at $1.65, LEXG should rock next week.
I'm on the same page with you, Card. Holding off on BORK for now but keeping an eye on it nevertheless. I think the second leg down might touch the mid .50's though, and if it does, I'd look to test the waters again.
ReplyDeleteNow that LEXG closed at its high of 1.67, what's in store next week? The Tuesday high was 1.72, which would be resistance. But perhaps standard technicals don't apply to these type of stocks. I'm still holding JAMN for a target of 2.50.
ReplyDeleteDaddykool, most people expect LEXG to keep rolling like ALZM, but nothing's a guarantee in the stock market. Just like with JAMN, follow it daily and keep your exit strategies fluid.
ReplyDeleteAlan, the volume in LEXG is still under 5M, so I don't think it has peaked yet. Right now my exit is at $2.40-$2.50, but it can change depending on the trading action. If the stock has a heavy volume day and a 20%+ move, I'll be out at the end of that day. If the float is truly at 17M, that day could literally come as early as tomorrow.
ReplyDelete"Gap and run" for LEXG today. That means $3+ is possible by the end of the day.
ReplyDeleteSimon, I'll probably ride LEXG all day and make a decision whether or not to sell around 3PM. Yesterday, LEXG closed at $1.92 which was the high of the day. If a stock opens above the high of the previous day, it is said to have gapped. Generally, MMs try to fill the gap before taking a stock higher, but they won't if there is too much buyer interest. If the gap isn't filled and the stock steamrolls higher, it's called a "gap and run". Often times stocks that gap and run make large moves. I'm pretty certain that the westcoast traders will push this much higher when they awake today.
ReplyDeleteI'm rolling with LEXG and INVE today.
Card - how did you find INVE? I mean among hundreds of gapped up stocks why only INVE? are you looking at any other technical param?
ReplyDeleteSimon, RSI is generally meaningless with highly manipulated pumps.
ReplyDeleteRohan, I picked INVE because I liked how the chart was progressing the first 30 minutes of trading and the fact that the news referred to a partnership with Google. The market generally likes PRs that include sexy companies like Google. I bought in at $3.35. I'm hoping for $5. We'll see.
Card, explain INVE. The pre-market price/volume was building up but I learnt from QIHU not to judge by pre-market activity. It's probably too late to get in now. This is a stock that peaked at $130 in 2000, so it's not your typical pump and dump, is it?
ReplyDeleteIs LEXG still on for $3?
Daddykool, no ones gets them right all the time. Sometimes they work out and sometimes they don't. All you can do is get your money in when the odds are highest that a stock will work out. QIHU had a strong chance of working out based on the setup (probably 70%). It just so happens that the other 30% won out on that particular occasion. Stocks will never be an exact science. For right now INVE is a momomentum play with the news. That means it could crash and burn in the afternoon or continue much higher Wed. No one really knows.
ReplyDeleteDaddykool, this is my plan as of right now (which means it could change). Today's move is very similar to FCPG's move the day before it hit $5+. I'm leaning towards selling all my shares the last hour to lock in my profits, but buying back a much smaller amount just before the close. This way I won't lose as much if the stock tanks tomorrow, but I'll gain something if it goes bonkers Wed. I've had the FCPG feeling with LEXG all along. I don't want to have any regrets if it happens to go that direction.
ReplyDeleteDaddykool, IMO JAMN is starting to run out of steam. Of course it could go higher, but I'm not sure if the risk is worth the reward at this point. Just go with your gut.
ReplyDeleteDaddykool, this might sound crazy, but if LEXG gets off to a fast start tomorrow, I'd target $4.00. If it gets anywhere near $2.30, sell ASAP.
ReplyDeleteThx guys, bought in at 1.67 sold for 2.50 today. I was wondering how to spot promotional campaigns in the future; is there any specific website that can tell you this information thanks once again!
ReplyDeleteKillerfunpizza, the best way to spot promotional campaigns are by looking for suspicious looking charts that slowly creep higher.
ReplyDeleteL2 for LEXG is all over the place this morning. It looked terrible 30 minutes ago, but now it looks pretty good. I have no clue what will happen with it today.
Card - There are hundreds of stocks in the market. But you must be looking at subset of them. I want to know what's that subset so we can find a winning stock for us. Do you look for today's top gainer or top volume? OR what query you run to find these kind of stocks?
ReplyDeleteyour LEXG was awesome
Jim, it's possible. I bailed at the open, but if it starts to bounce, I may get back in. The first potential bounce area is around 1.92. The MMs may want to fill that gap.
ReplyDeleteIf you look at the entire historical chart of LEXG, it is still in a very definite upswing even with today's early morning drop. If at any point LEXG solidly breaks $2.54 today or tomorrow it would still be a strong buy IMO.
ReplyDeleteHere's my most recent regretful trade: I saw a merger 8K on ANOS at the end of March and bought it at the open for .25. It barely got any action the rest of the day so I happily sold it for .30. Today, ANOS hit $5.00 less than two weeks later :( This isn't quite as bad as my refusal to pay .04 for GWAY a couple of months back when I was inches from buying it, but it certainly is up there in my career trading regrets.
ReplyDeleteCard, I made a post seconding Killerfunpizza's post about how great options can be but I don't know what happened to the post.
ReplyDeleteCard, you get 50% to 300% to even 1000% swings with options just like penny stocks but you can trade the BIG boards!
With your market sense you'd be GREAT at it! So how about it Card?
Rohan, I look at look at charts, trade volume, news, catalysts and hype in choosing stocks. My preference is to buy a stock that has all 5 things working for it (hence the perfect stock), but that rarely happens. However, I'll roll the dice on stocks that meet maybe 3 of the metrics or is really strong in 1 or 2.
ReplyDeleteAny particular websites for them? I am a programmer. you can suggest me some idea and we can automate it. :)
ReplyDeleteBTW your regrets are true. You missed them big time.
Rohan, I visit a lot of sites, but the one that I visit the most and find the most helpful overall is www.otcmarkets.com. It doesn't even matter that the info is delayed 15 minutes.
ReplyDeleteDaddykool, did you make it out of JAMN alive?
P, I still haven't had much time to check out options, but I will at some point.
ReplyDeleteRohan, I generally look at the stocks under 2 bucks that are "green" with decent volume and check them out. I'll admit that it can be time consuming.
Do any of you short these stocks? it seems to me there is as much money to be made shorting pump stocks, because you know for absolute certain that eventually they will crash. If so, who do you use to do it? Etrade sucks for it
ReplyDeleteJim, you cannot short pennies practically. No major broker will let you do it like Ameritrade, E-trade, Scottrade, etc. They only let you short MARGINABLE stocks that are at least 2 bucks.
ReplyDeleteYou have to go to a proprietary broker and they charge all sorts of extra fees and you take a HUGE risk with margin.
You have to have something like a DOLLAR per share margin balance to short a penny. So you need hundreds of thousands of dollars in your account. If you have that much then go ahead. LOL
There is a poster on IHUB named lowtrader and he is an expert on it and he said it's so impractical that there's no point in doing it AT ALL!
A stock newsletter I pay for said to buy mrgp I bought it at 16 cents now it's at 14 when I asked why he said buy that I got no response any idea why he did ?
ReplyDelete@ wichisf
ReplyDeleteThis is all I could find regarding BRZV
http://www.pennychasersstocks.com/?p=14020
A bigger promotional campaign might start but it is very rare. BRZV already went from .05 to 25 and newsletters were sent out earlier. I doubt a bigger promotion will start; the stock is 20 cents and most stable pumps occur from 1$-2$ mentioned by Card and others above. I would stay away at least for now.
Disclosure:I am in AAPL, and FFIV on options.
Jim, I'll respectfully disagree with P in regards to shorting. It's tough to find shares of penny stocks to short, but you can with the right broker. Speedtrader and Sogotrade are two retail brokers that I know of where you and short penny stocks. I personally don't short stocks because I try to keep a positive vibe. It's tough for me to cheer for a stock to tank, but it definitely can be profitable.
ReplyDeleteWichisf, I don't know much about BRZV, but the next big pump will probably come tomorrow from Bestdamnpennystocks. No one will know the pick for sure though until the market opens if they don't cancel it.
AlanCrawford, MRGP was probably recommended because it appeared to be undergoing a chart reversal (plus gold keeps rising). However, the reversal attempt failed.
Christiansing4u, I think BORK is a juicy PR away from getting back above a buck.
@card This news letter announced MRGP at 10:45 monday morning where before that are you seeing the signs for a chart reversal
ReplyDeleteAlanCrawford if you look at a chart of MRGP, you'll see that the stock was trading sideways at its 52 week low for like 2 weeks. On Friday, the stock began to creep up. Whoever produced your newsletter probably frontloaded some shares to boost the price a bit and give the appearance of a chart reversal (it did look pretty textbook). On Monday, you could see the volume surge within a few hours of when you stated the newsletter hit. The promoter probably sold into strength and many others that bought in didn't stick around long.
ReplyDeleteSimon, I'm one of the few people who don't really use stock screeners. The big timers like Sykes and others use the software Equityfeed. I think it's about $200/month. If you are truly serious about trading, it is the holy grail. My ways are little more archaic.
Simon, I'm watching LEXG closely. If it starts to roll, I'll probably get back in it.
ReplyDeleteRohan, IPMN is the best of the two in my opinion. Even though IPMN hasn't had much volume today and is red, the bid support seems pretty strong. Both are high risk though.
Michael, I think there's at least a 70% chance LEXG see's at least $3.00 now. I'm expecting a strong weekend pump. If we get another morning with a fast start and high volume, $4.00's are possible.
ReplyDeleteI was thinking of offloading LEXG tomorrow but are you sure it's ok to hold it over the weekend?
ReplyDeleteQIHU is up nicely today but I didn't buy any. Instead I bought YOKU and MOBI, both hitting all time highs.
Daddykool, it's always a risk to hold a pumped stock over the weekend. I just know that the high dollar promo stocks usually beat the bushes hard over weekends. You have to weigh your risk vs reward.
ReplyDeleteCard and Daddykool, THIS is why I say play options! Look at the YOKU $65 April calls..they are up .70 to .75 X .80! That's a 700% gain today alone!! Actually 800% since the low was .10 and the high .90!
ReplyDeleteDaddykool, did you play the calls or the stock?
Card, NOW you see why you need to get into options buddy?
Daddykool, what caused YOKU to move up 10% today? Was it purely a chart move? The chart did look great.
ReplyDeleteBut Naked Options are not that bad if you spot a positive trend or news for a stock and you can tell it's in a breakout mode like YOKU was!
I was actually told by a broker the percentage of options expiring worthless is overstated and it's actually about 30%. Plus obviously we all sell before expiration anyway.
Yes, I need to look into options. 800% sounds great! You just have to get the timing right. I don't know what caused YOKU to go up. I just looked at the chart and saw a candlestick 'kicker' and bought on impulse.
ReplyDeleteCorrection - a 'kicker' is when the 2 candlesticks move in opposite directions, i.e, one is dark and the other is hollow. I don't know what today's YOKU pattern is called, probably a continuation breakout.
ReplyDeletePut TCPM on high alert as the next monster. I'm might consider doing a post on it, depending on the info I gather.
ReplyDeleteONCS has a 300k Promo.
http://www2.smallcapfortunes.com/oncs/
ReplyDeleteCard,
ReplyDeleteWhy do you call TCPM "monster"? Is that purposefully strong? What is the basis for comparison to LEXG? LEXG is a freak of nature. What makes you think there is any sort of correlation in the type of play (i.e. aside from the obvious fact that we're talking about promos here).
Has anyone heard about a budget?
Thanks!
Owen, I like TCPM's sector and chart, but I can't definitively say it's a pump. However, it has all the makings of one. I say it's potentially a monster because it's a sub-dollar find and a possible pre-pump find. I'm not going to specifically compare it to LEXG though.
ReplyDeleteDare I hold LEXG over the weekend (i.e. and just trust that this last hour will be a huge sell off that's about to happen is just friday profit-taking, and that things will be back in swing monday)?
ReplyDeleteI'm inclined to say it will be fine. But it will make my day red, and that's frustrating. (sigh)
P, I'm giving TCPM by Tuesday afternoon to start making another move. I'm thinking it might be pumped by one of the big boys, which makes a target tough to pick. Right now, I'm thinking $1.50.
ReplyDeleteLooks like LEXG may finally be done.
ReplyDeleteAre you sure about LEXG? I think there may be a bit of life left in it. Maybe a run to 2.90
ReplyDeleteI think the drive down to the 2.30's on LEXG seemed a bit 'artificial'. I don't know that there would be a substantial rally but there is support building in the 2.50's and if it maintains, we may see the rally happen. I am uncertain of all this so that is why I was asking Card's opinion.
ReplyDeleteMichael, maybe I did speak too soon about LEXG. However, it is my belief that once the swings start getting this big, the stock becomes too unpredictable to own. Only the elite swing traders can consistently make money with those.
ReplyDeleteRohan, I've watched KNKT the past couple of trading days thought the same thing, but the chart history of most pumps indicates it's highly unlikely. That being said, there are always exceptions to the rule so it's worth keeping on watch.
Don't know if you guys are into the lower priced pumps, but CEYY just started a new pump today, and it sure is a rocket. Generally these ones don't go much above $.50-.70 though
ReplyDeleteThere's a buying frenzy in LEXG. With the chart breakout, I bought back in.
ReplyDeleteCard, do you see LEXG breaking into the 3's today? I have doubts but I've been wrong before.
ReplyDeleteGot into CEYY at 0.27
ReplyDeleteI think you're right Jim, I'm looking to exit at .45 to .50
Michael, I think it all depends on if the volume picks up and traders cooperate. If it's a slow day on the penny market, people will jump on a train they know to salvage the day. That's one thing LEXG has going for it.
ReplyDelete@Card what do you think of the mdfi pump why did it crash back down so fast ? And when do you think CEYY will make it to .50
ReplyDeleteRohan, TCPM hasn't gotten the pump that I had anticipated. I'll probably exit before the day is over, but that doesn't mean I won't revisit it again at some point.
ReplyDeleteSimon, MDFI was frontloaded heavily yesterday in hopes that it would be the BDPS pick. Once it was confirmed, a "sell the news" tanking was inevitable (particularly with a stock with over 3 billion shares outstanding).
CEYY was bought heavily in the premarket with its pump. A lot of times those get sold throughout the day, which kills a run. The odds of .50 aren't very good, but it's possible.
AVVC check this out could this be frontloading of some shares for a pump ?
ReplyDeleteI was trying to catch a dip with AVVC, but the MMs skipped right over me. I'm too scared to chase from here.
ReplyDeleteRemember my ANOS failed trade story? I'm going to see if I can redeem myself with a similar play by throwing a few pennies at MUZC. A lot of these reverse merger trades aren't very liquid and pretty risky, but it's pretty astonishing where they can end up in a week or two. What has me interested is that they say they have over $100M in sales and the market cap right now is only about $15M.
ReplyDeleteCard, I'm not showing an ask for MUZC are you? Even OTC markets shows no ask for them.
ReplyDeleteOn level 2 I show .06 X .18 with the last sale at .17.
But Card, it's a pinky and they've been admonished on OTCmarkets for not reporting. I mean how high can it really go? Maybe close to a dollar at best?
There is one trend that's has been steady with LEXG. When there has been a steady incremental jump in daily volume, the share price has moved up. It's starting to happen again. Also, the stock is once again solidly in an obvious upward channel. IMO, this means there's a better than 50% chance now that LEXG sees significantly higher than $3 (like possibly $4 or $5 with a 10M volume day).
ReplyDeleteCan we get into LEXG then? or its late?
ReplyDeleteAre you holding it Card?
what is the play on mdfi? even with todays fall, could there be some upside comming from all the people that just heard the news today?
ReplyDeleteP, if the $100M+ in sales total is correct, $1.00 - $1.50 should be doable for MUZC. Clearly it is a low floater despite the reported share structure. So, it's possible it could go higher. I think the only reason it hasn't moved higher is because of the current daily gain. MUZC strikes me as having one of those PRs that may take a day or two to sink in.
ReplyDeleteI'd wait for a pull back at 2.75 or so, on LEXG
ReplyDeleteCard, I picked up some MUZC and it does have the potential to get to dollarland. Let's hope it does in a couple weeks.
ReplyDeleteRohan, I bought back into LEXG this morning. I say you could either jump into LEXG now or do what Michael suggests and wait for a pullback. You might get a dip tomorrow morning. I won't be around in the morning so I have to sell it at the end of today.
ReplyDeleteWichisf, MDFI does seem to be making a u-shaped chart. I would think that there is a trade there.
try TDAmeritrade
ReplyDeleteSimon, I use Zecco. The only problem with them is that you can't buy most foreign exchange stocks that list via pinksheets (ie. Nintendo - NTDOY or Grand Cache - GACHF).
ReplyDelete@card I got AVVC at 1.11 this morning and its now worth 1.05 where do you see this stock going today ?
ReplyDeleteI think Card mentioned yesterday that he is targeting MUZC at 1.00 to 1.50.
ReplyDeleteSeems ambitious but it's possible.
MUZC. Card is a witch. Has to be. It's the only explanation.
ReplyDeleteLOL..Tim, Card is not a witch. They are talking about MUZC on Ihub too. It's a reverse merger play with a low float and that has big $ written all over it!
ReplyDeleteI bet MUZC hits at least .50 in the next 2 weeks an that's the worst case! $1 to $1.50 is possible too!
If anything Card is a stock god! lol
I'm finally able to watch the market again. Simon, nice pick up of AVVC. LEXG continues to grind higher with the volume on pace to be even higher than yesterday. Bullish! MUZC is still looking good. People seem to be buying it at the ask, but the MMs keep lowering the ask to try and induce selling. It should start to go up soon.
ReplyDeleteI wish I was a stock god. I'd be rich if I was. Hopefully I'll get there in due time :)
I see AVVC has a $1M promo budget. These promos don't usually run this far this fast. I'll be looking for a retrace in the next couple of days. It'll be interesting to follow. I don't have a position in it, but I'm watching.
ReplyDeleteKLYG looks good here at .26 since it's a low floater with news. Here's hoping for the best.
ReplyDeleteSimon, I think KLYG can least get back up to 50 cents. If it gets there and some volume comes, look out.
ReplyDeleteLEXG's volume has been bananas this morning. Over 3M shares traded in the first hour. Today could get crazy.
Look at good ole FASV trying to make a comeback. I had noticed it was sneaking up and that they had upped their promo budget to $850K. I'm not interested yet. However, if it can get some sustained volume and solidly break $1.40, I may revisit it with Silver going to the moon.
How crazy on LEXG? My guess is 5.00, but I've been wrong before. Card?
ReplyDeleteSharebuilder will not let me buy KLYG as usuall
ReplyDeleteMichael, I have no clue about LEXG as far as where it ends up today, but I have said all along that my gut was telling me LEXG's total run won't end until $4-$6. The shakes are ruthless though.
ReplyDeleteThe L2 for KLYG is totally worthless. They refuse to show any bids between .25 and .425.
@Card Where do you think AVVC will go today ? And what was LEXG's promo budget?
ReplyDeleteSimon, I think AVVC is in the mist of one of those two day promo stock retraces. It hit that magical "$1.40 - $1.50" number yesterday and the pattern has been for that to trigger the retrace. I'd say a buy at tommorrow's low would be the best time to get in to AVVC.
ReplyDeleteLEXG's promo budget is $3.2M.
Card, how do you know what LEXG's promo budget is? Where did you find that out? So a larger promo budget usually means the stock will have a great run?
ReplyDelete@Card do you like the Zecco Streamer app ?
ReplyDeleteWhat seems interesting (to my untutored mind, at least) is how well AVVC seems to be holding up against the downward pressure today.
ReplyDeleteAm I right in thinking this bodes quite well for next week?
Also, I'm assuming that this promo JUST started. Given that, the previous point, and the budget... I'm pretty excited about this.
It would be nice to know WHO is responsible for the promo... and what else they've done.
P, checkout my comment on 3/31/11. A large promo budget can improve a stock's odds for success.
ReplyDeleteBe consistent in reading the comments from the blog and it'll answer a lot of questions.
Simon, I haven't used any of Zecco's functions other than the buying and selling of stocks. I probably should check it out though. The other bad thing about Zecco is you can't buy big board stocks during the premarket or afterhours. That can be a problem at times.
ReplyDeleteThe swings in LEXG are getting out of control.
TRKP has a nice chart working. I'm still just watching though.
ReplyDeletewhat do you think of BNPD?
ReplyDeletehttp://www2.smallcapfortunes.com/avvc2/ Info on the AVVC PUMP
ReplyDelete@P if you scroll all the way to the bottom of the link above read the part that says
" CFM has received and managed a total production budget of $1,000,000 for this online advertising effort and will retain any amounts over and above the cost of production, copywriting services, mailing and other distribution expenses, as a fee for its services."
^ That is how you determine a promo budget
@Card I recently received a stock pick from the same guy that got me to buy the stock he previously front loaded he now has told me to buy PEPR Its a pump he says I found the page below which shows it was pumped ages ago
ReplyDeletehttp://www.google.com/finance?q=PINK:PEPR
Now correct me if im wrong a stock that has a volume of 140,468.00 can easily be front loaded cant it if not what is he doing to make this look like it will win
P.S The email was sent 10:52 Wed
Christiansings4u, I actually bought BNPD for .0029 at the open the day the news came out about the acquisition. The stock barely moved that day so I sold it for almost a nothing gain. Clearly, that wasn't very smart since it hit .02+ a day or two later. I actually think it would be a pretty good buy at .005-.006 if it gets there Monday morning for a probable bounce.
ReplyDeleteSimon, I've figured out your stock picker. He's a chart guy. He looks for stocks that are in consolidation mode and initiates the superficial look of a chart reversal knowing technical traders will jump in. PEPR was especially "suckering" because it is a former promo pump that did very well once upon a time.
Wait a second... Has the FASV promo finally kicked in? What is going on here???
ReplyDeleteAre the promos still circulating? How could that be?
Card, did you notice this? Thoughts?
Owen, read my comments about FASV from yesterday.
ReplyDelete@Card
ReplyDeleteI was wondering if you think AVVC is the next ALZM? AVVC has a similiar budget with nice volume increase and not alot of chart history? Also do you think silver prices directly affect companies like FASV since they are pumps?
Thanks for your expertise.
Disclosure: In on BTU in options
Patrick, I do like AVVC for all the reasons you've stated even though I don't own it yet. Personally, I'm just waiting for the uptrend to resume before I take my position. The odds are very good that it will at least reach that $2.50 area like KNKT, ALZM, and others. The biggest reason I like it is the now 3 days of sustained high volume. That tells me the that the pump is working.
ReplyDeleteRegarding FASV, I thought the promotion plus silver skyrocketing would make it almost a no-brainer play, but the volume was never high enough to verify the pump would have enough steam. The promoters added a few more 100K to give it a second try. I think it has a chance if it breaks $1.40 solidly with consistent days of over 1M shares traded. However you must keep in mind that some pumps just never work out.
What is the feeling about brzl now that the possible merger is nearing?
ReplyDeleteThanks Card, I was also wondering if there is some sort of stock screener for pink sheets and for the OTC market. I normally use google finance's screener for normal stocks but I can seem to find one for these other exchanges.
ReplyDeleteI dont know much about brzl, seems to be a low risk/good reward situation?
Christiansings4u, my feelings about BRZL haven't changed, but I agree that it is pretty low risk as this point.
ReplyDeletePatrick the best free screener to me for OTCs and Pinks is on www.otcmarkets.com. The only down side is that it is not real time.
@Card could you tell me what setting you use on your screener to spot pumps
ReplyDeleteCard,
ReplyDeleteI don't remember whether it was here or at a similar blog (on Blogger) where I got this, but I seem to remember rumors of a pump with SGLB (I think I recall that they make some sort of product or material that is supposed to be advantageous/protective for military troops in some way).
Anyway nothing ever came of it. But I SWEAR that I remember seeing an actual promo letter not unlike the Eric Dickson (or whoever) type.
Now, suddenly, a month later, there is been a HUGE surge in volume in the past couple days.
Yet there it sits at .10/share.
What do you think?
Seems like we catch most of these pumps/promos after they've already neared the $1 mark. It would be AMAZING to catch one down there at .10
Has anyone heard of an recent or ongoing promo with SGLB? What should we think of the sudden volume?
Simon, there's really no setup. I look at what's green and check out the chart. It's actually pretty random.
ReplyDeleteOwen, I'm not really seeing the sudden volume you're referring to in SGLB. Either way, whether a pump starts at ten cents or a dollar, the relative % of gains are generally still basically the same.
You know, I got confused there. I was thinking of a different chart that I had just seen. You're right. The SGLB volume has been on for a while now. And it looks like there might have been a failed pump there in march, perhaps.
ReplyDeleteCard - anything to buy today? AVVC? FASV?
ReplyDeleteI'm in AVVC at 1.25
ReplyDeleteHad to either split the play between FASV and AVVC, or go all in on one.
I chose AVVC.
If only because we had the past flame-out with FASV, and also because the folks behind the AVVC promo have a fantastic batting average right now.
Hey Card,
ReplyDeleteDo you see MUZC recovering? I bought it way too high at around .20 and it keeps dropping, is it time to take the loss or should I hold on to it?
thanks