Hello Traders!
What a great way to close out the week, on a usually boring Friday our picks made great moves.
CTYX I know this took more patience then we thought, but anything with a float so low that's a real company holding by bottom levels must move up eventually. And if you got in at my alert at .0008-.0009 level there was easy opportunity to bank 100%+ gains congrats to all. Keep yous on this stock for a "rinse and repeat".
EVSV- I called out on twitter twice in the AM how strongly I felt buying .0007's on the ask was a great deal. The .0006 is a rock solid support sure enough by end of day not only did all the .0007s get taken out but so did all the .0008's and the .0009s were up.
IDVC- now we can segway into this week with $IDVC I called this a few weeks ago at .0016 and although things looked bleak total lack of bid support until the .001 I for one did not sell, and those who DM'ed I confidently told you not to worry. This is a real company with a low SS with a really nice catalyst with the purchase of Orbis that has a lot of big plans. Special praise to cheetra who's been owning this keeping us posted of his conversations with the ceo and all around solid DD. We saw a great move end of friday, 90% buys breaking through previous resistance. This proved it can move nice and easy with decent volume. There were a lot of fake MM's bidding 10K trying to hold us down. I fully expect news early this week, and the run up to continue tomorrow.
FBEC- If you've been following my posts you know what's gonna be happening here very soon. The 10-Q the company filed detailing it's acquisitions got us a lot more interest read.
Read the 10Q http://ih.advfn.com/p.php?pid=nmona&article=62240527
Also two of the best DD hounds on IHUB have got some solid DD posted the IHUB Boards
Johnny Blaze DD - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102150462
HiFi DD- http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102152320
We are expecting news flow to start soon. I've told you to watch this close, if you haven't gotten in yet I suggest you look into getting a starter very soon The float is estimated to be 50 million.
Other stock we will be watching closely.
MFTH- We called this stock out on twitter and played this for easy overnight 100% gains. I noticed friday the .0005 support seemed to be pretty solid. Picking up some .0006's could be a good move watch for re-test of the .001 level and any updates on a possible reverse merger to send this to outer space.
DOMK- This stock held the .0022 support well this week although it was tested a few times. We are expecting news this week on monetizor101, a break of the .003's of the news could send this. Loading in the .0022-.0024 area is gold IMO.
LRDR- A quality stock seeing the living hell dilluted out of it, once seller moves should see a solid run up same goes for CDIF, stock held the .001 levels should be a nice mover next week back to the .002 area
GGSM- Volume totally dried up here, but I expect things to heat up soon, low float, with Pr coming soon, we mentioned the strong 8-k filing from last week.
FOGC- Reverse Merger Rumors abound...entry at .0005-.0006 have a low risk high reward value.
stay on close watch for any filings this week to really send it.
VSHC- Easy mover usually sees a move off these levels
TCPS- stock beaten down should run hard if this news comes
TLNUF-Look for this fat over bloaded pig to start going soon. 10-Q's and big deals supposed to becoming soon. If you start seeing big buys coming in on the .0003's good bet to jump in.
GRAS- People impatient waiting for what's supposed to be solid earnings, keep an eye on this one if the earnings come though could make a nice move
Others i'm watching for activity to signal a push coming
TRDX, HRRN, FLHV, BUNM, LBTG, GLHV
Sunday, May 18, 2014
How to use IHub and Twitter
IHub is a great tool, only if used correctly.
I hope to post a quick update later tonight with some stocks to watch for this week. Needless to say FBEC and IDVC are on the highest alert, if you've been following my blog and twitter account you know why.
I just want to write a little note to explain something which I had originally thought even newbie penny stock traders realized. Until I saw this tweet (from someone whom I was told was a good trader) last night.
At first it sounded like a joke but further tweeting proved he was being serious.I decided it would be of help to share the following information. IHub is a great tool, when used correctly, when used incorrectly it can cost you your entire investment, and deter from ever trading pennystocks again.
Myth #1
If a stocks "board" is ranked as one of the most posted, most rated, or on the breakout boards it is a definite good sign.
Wrong, getting a stock to be on top of the top board lists is done very easily by one or two individuals that have 4-6 IHUB accounts and just start posting. I know for a fact this has been done many times. I am not saying it never happens organically, but a stock being on a breakout board may indicate to stay away, the exact opposite of a breakout. It may indicate there are pumpers here looking to sell some newbies they're shares.
That being said there are some boards, that are indeed pure and have dedicated longs that know everything about the company. If you find a board like this you can get all the info you could ever want on a stock by going through the last few weeks or months of posts. Special call out to the longs on EPGL, ILNS and SVFC to name a few boards that have smart, and informed longs.
Step 1.Never pay the smallest drop of attention to pumpers and bashers that offer no solid reasoning for said bashing or pumping. Even if they have some info, check it out for yourself. Any posts I see on IHUB that just scream the stock is gonna be a 10 bagger or that it's a total scam without adding anything else I absolutely ignore. Many times people were scared and sold great stock and low prices because of baseless bashers. And many times people have loaded up shares based on promises of 10 baggers without giving even the slightest reason why such a thing may happen (see BigMoneyMike).
Step 2. If you see posted give a opinion and provide some reason for the success or demise of a stock, it is important to always check the post post history, go through his old posts see the last time he was calling a winner and on what date it was then check the history of the stock how did it perform in the days following his call. This is a very key tool to find the best posters on IHub. (This also very useful on twitter, before following a trader study well he previous posts and see wether they were on target). There are a few amazing traders there with great info, the only way to find them is to check old posts do your DD on the poster. If he is, more often right then wrong follow him and see where he goes next. Also beware of "new accounts"a lot they are almost always complete bullshit no matter what they say.
Tip: If you actively use IHub I strongly recommend upgrading to pvt msgs. It took me a while to give in a chalk up the extra few dollars it costs. But being able to private message the traders you like, can be very valuable. They can share with you more information then they are willing to post, and can give you tips on other stocks on their radar etc,
Summary: IHub can be a great tool when used correctly and can be a horrible money waster when used incorrectly. Safe to say in my opinion 82% of IHUB is pure trash so please fish carefully in it's waters. The assumption made by the tweet mentioned above that a stock with a active board equals good momo is as a matter of pure fact complete Bullshit. I busy Ihub board can be done by one person. A empty IHUB board for me personally is a strong sign. As I love getting in on the ground floor of stocks, before you see it on the breakout boards.
Happy Trading!
THP
I hope to post a quick update later tonight with some stocks to watch for this week. Needless to say FBEC and IDVC are on the highest alert, if you've been following my blog and twitter account you know why.
I just want to write a little note to explain something which I had originally thought even newbie penny stock traders realized. Until I saw this tweet (from someone whom I was told was a good trader) last night.
Here is a tip!! If an ihub board sucks ... odds are the stock sucks NO MOMO or DD!! I have received ZERO knowledge on twitter ZERO!!
— THE LLAMA (@ecostothebank) May 18, 2014
At first it sounded like a joke but further tweeting proved he was being serious.I decided it would be of help to share the following information. IHub is a great tool, when used correctly, when used incorrectly it can cost you your entire investment, and deter from ever trading pennystocks again.
Myth #1
If a stocks "board" is ranked as one of the most posted, most rated, or on the breakout boards it is a definite good sign.
Wrong, getting a stock to be on top of the top board lists is done very easily by one or two individuals that have 4-6 IHUB accounts and just start posting. I know for a fact this has been done many times. I am not saying it never happens organically, but a stock being on a breakout board may indicate to stay away, the exact opposite of a breakout. It may indicate there are pumpers here looking to sell some newbies they're shares.
That being said there are some boards, that are indeed pure and have dedicated longs that know everything about the company. If you find a board like this you can get all the info you could ever want on a stock by going through the last few weeks or months of posts. Special call out to the longs on EPGL, ILNS and SVFC to name a few boards that have smart, and informed longs.
Step 1.Never pay the smallest drop of attention to pumpers and bashers that offer no solid reasoning for said bashing or pumping. Even if they have some info, check it out for yourself. Any posts I see on IHUB that just scream the stock is gonna be a 10 bagger or that it's a total scam without adding anything else I absolutely ignore. Many times people were scared and sold great stock and low prices because of baseless bashers. And many times people have loaded up shares based on promises of 10 baggers without giving even the slightest reason why such a thing may happen (see BigMoneyMike).
Step 2. If you see posted give a opinion and provide some reason for the success or demise of a stock, it is important to always check the post post history, go through his old posts see the last time he was calling a winner and on what date it was then check the history of the stock how did it perform in the days following his call. This is a very key tool to find the best posters on IHub. (This also very useful on twitter, before following a trader study well he previous posts and see wether they were on target). There are a few amazing traders there with great info, the only way to find them is to check old posts do your DD on the poster. If he is, more often right then wrong follow him and see where he goes next. Also beware of "new accounts"a lot they are almost always complete bullshit no matter what they say.
Tip: If you actively use IHub I strongly recommend upgrading to pvt msgs. It took me a while to give in a chalk up the extra few dollars it costs. But being able to private message the traders you like, can be very valuable. They can share with you more information then they are willing to post, and can give you tips on other stocks on their radar etc,
Summary: IHub can be a great tool when used correctly and can be a horrible money waster when used incorrectly. Safe to say in my opinion 82% of IHUB is pure trash so please fish carefully in it's waters. The assumption made by the tweet mentioned above that a stock with a active board equals good momo is as a matter of pure fact complete Bullshit. I busy Ihub board can be done by one person. A empty IHUB board for me personally is a strong sign. As I love getting in on the ground floor of stocks, before you see it on the breakout boards.
Happy Trading!
THP
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