Pennies suck and I expect my luck to run out which is why I'm securing my intial investment ASAP. I'm already out of HESG and only free shares left, IHGP is next as well as KATX.
I've lost money all year on pennies and made some here and there, I've finally made up losses and then some and I refuse to get greedy.
asfx you can toss in the garbage, but pdmi does actually have news coming and I picked up about 2 million shares today.
Good friend of mine talked to the CEO at pdmi today and got some good info from him.
1. Apologized for answering machine handling all recent calls, but they are now in new office area. Fed was passed directly to the CEO for convo.
2. The company is taking steps to become a fully reporting company.
3. They are already in partnership w/ 2 other companies, but the big news will be announced soon is that they're entering into a new partnership w/ another company to cooperate on several new devices. This should be the next big pr.
4. In the past, the company (under different leadership) has released many pr's that were either fluff or never came to fruition. This CEO thinks that's b.s. and will not do it and will wait until the information is solid before releasing pr.
5. Their device is ALREADY CLASSIFIED AS A CLASS 2 device. They recently just had their meeting (similar to what Biel just had) and there are no problems. Therefore, fda approval for class 2 device is literally any day now (hopefully before the end of the month) if not shortly after that; however, FDA approval under the circumstances is a given.
6. However, remember the partnership pr will probably come before the fda announcement timewise.
7. The ceo sees it crushing the .01 range on first announcement and .03-.05 very soon.
Think I'm just going to hold my positions today, can't really sell anything except HESG now or I'll get in trouble so I'm just watching the markets for the rest of the week.
IHGP, 3's are looking really thin and it looks like 4's will blow by quickly in the morning. Just an update.
.0004's getting slapped hard with IHGP.
HESG has resistance @ .0024 but very past there and up to .0029
^HESG kinda going the other way right now
Huge selloff on HESG, its amazing how panic can change the direction. Had people held the path to .0029 was golden but now its murky. Oh well I'm holding my shares, good buy opportunity at these levels.
The buy volume is still exceeding the sell volume. Looking at level 2 this might be where HESG settles today.
a lot of chart analysis and a lot of group discussion have def brought out the next 2 big stocks that you guys have prob already heard of
first is PDMI
We are waiting on news, but if you look at the chart, this stock has been following technical patterns without any news and is primed for an explosion right now with the "golden cross" having recently formed as well as the 10-day simple moving avg having recently crossed over the 20 and the 20,50 pulling away from the 200 sma.
This stock will see well over .01 with its expected news and .05 by jan/feb (closed at .0036 today)
next is PWRM
This thing is making new higher supports as well as all sma's trending higher...a lot of big articles on it recently comparing it to vermillion (can we say .04 to $21????)
Also they are finishing up a conference in China this weekend, and news is expected tuesday. Once their blood-test for breast cancer and alzheimer's/parkinson's/ALS is approved, quest labs and another huge lab (name escapes me, but vermillion is also partnered with them) have agreed to make the tests the "gold standard" so it will take off with good phase-II results being pretty much a given at this point
Should see .30-.35 this week (closed at .15x today)
IHGP, sold 90% of my holding for a 50% profit, not bad.
KATX on another run and I'm not one to email a CEO but I did and received a good response. This is a battered down stock in recovery that hovered over the $2 mark on a normal basis. The upside potential is so high on this one that I'm scared to mention it and put my usual bad luck on the pennies I invest with but I am holding out for $1+ believe it or not. If all goes well as expected (could be years) this will reach up to the $10 level again and honestly my only regret is not buying more initially. Oh well.
Man why didn't you throw KATX out there earlier! I sent the CEO an email of support and he stated that they would be putting out a number of PR's along with the website being done, they are trying to get this back up to $2.00. Wish I would have been turned on to them sooner, a million shares would be nice right now.Originally Posted by ironchef
I just saw the price and said you gotta be F'n kidding me.
Yeah I pulled out of that a while back...should've held it, but I no longer trust being in any stock that the investor that recommended it to me is in.
Right now im playing pwrm until next week. Have about 50k shares right now.
After that I will play a news runnup on nnlx and then hope to have about $20k in HDVY by the end of the first week of december.
Great finish for PWRM today! Ran up from .13 to a final trade of .1599 and the new ASK being .162
Everyone wants in for the pending news, and next week with so-so news PWRM should see .30, and with news of good results and financing, we could see .50 next week
^ me too, bought it yesterday when it was low
I'd like to get in and out like that but I tend to have bad luck with it.
GAH!
I don't know if there is something behind it and possibly for the better, but @ face value I highly doubt it.
PDMI sent out a letter to shareholders about a meeting on December 18th where they are looking to increase their A/S to 20 BILLION from the current 1.4 billion, and reduce their common stock price from .001 to .0001
Thing tanked a good bit today...good thing i'm all in pwrm, hdvy, and mcln now
mcln i keep hearing about, not sure if i should jump in or not
it's already run a good bit tony, i'd let it pull back some, but it will def see .05 very soon
pwrm is awaiting news, they are working on a partnership in China @ the moment
waiting on phase II results
waiting on financing
All of these will be big money in pwrm, but this is a mid-term play for me that i'm trading weekly to pull my investment out/increase my share count
Hope some of you guys still have HESG. I'm going to be picking up a lot of shares on monday....
MM's are in a huge hole from naked short selling because HESG caught them off guard and retired 200 million shares recently. This stock sits at .001 and could easily see .03 this week or next if not more depending on how fast the MM's cover their positions. HESG will also be announcing the companies they are acquiring this week.
I'm going to drop about 2-3k into hesg on monday and hope it turns into 60-90k soon. I know it sounds like a dream, but check this site out:
http://paiv.com/
Talks about MOASS = "Mother of All Short Squeezes"
I'm going to pick up as many shares as I can and then put a GTC sell order on them for $1 so my shares cannot be borrowed to short with. That is how the squeeze can really be put on.
I thought I might have been off a zero lol
Where do you find short interest data for pink sheets, otc, etc. ??
You can normally check a company's short interest for pink sheets and OTC stocks @ pinksheets.com
Hesg hasn't been updated on there in a few weeks, but it does say they have been flagged by Reg SHO.
I am really hoping to see a HUGE short squeeze here in the next week or 2
Cool, thanks.
HESG is extremely volatile though, so I would think that those who are shorting it probably won't cover their positions until they see 100%+ gains.
so how do i get started yall..... i got a few grand to play with.....
i have done forex and .... well made money not cuz i knew what i was doing but because i was lucky...... i just basically bought when i thought it would go up and sold after i made pips...
i wanna trade some penny stock and learn a good bit how this stuff works.....
scotrade?
PR coming for HESG on Friday morning
i'd be in before then if you are not already, and read this site:
http://www.sec.gov/spotlight/keyregshoissues.htm
It will explain the Reg SHO rules and why the naked shorts need to be covered by Dec. 23rd or they will be out A LOT of money by being forced to cover at that time
CEO made me look retarded today lol
Sent me a last second email last night that the PR would be moved to friday afternoon, and then around lunch today he sends me an e-mail stating he would be moving the PR to monday!
Hopefully a pr on monday will set hesg straight, but this whole mess with Scottrade and TD Ameritrade is hurting volume and letting the pps fall so mm's can cover their massive short positions
Yeah I kind of got hosed getting back in HESG, technically I'm okay cause i bought with the funds that I sold @ .002, even still it sucks to see the price drop.
I am currently eye'n CNEX, I like the share structure and with any news or interest it can seriously pop. Looking at level 2 if it breaks through .004 then .03 is right there.
HESG I have no clue, I'm kind of in a holding pattern right now.. waiting on my positions to start moving. Mainly KATX and CNEX for me right now.
I dropped hesg as the previous PR really didn't do it for me....
Played BGEM all last week and made a pretty penny as well as pwrm. BZCN is set to see it's golden cross this week (50 day SMA crossing above the 200 day SMA) and I got in at a good price again, so I think we should see .005 again soon if not .01
MRNJ
Thank me later
Posting Permissions
Reply With Quote