Had a nice day off and didn't even check on my stocks which actually did pretty well without me Have a few cheap picks for $500 Growth account that i plan to work as much as i can through Dec but only after real $ account work so here a few on watch tomorrow > DVAX - CRY - FITB
Only one play today so far - FINALLY got XNET & just back to see it has come down real nice so to cover or wait for under $10 but maybe that is being too greedy!
yeah - XNET was in free fall for a while - covering @ 10 - good idea imo...lol - have a GTC to buy @ 9.95
Brand new here. I was active on StockTwits with thousands of followers but deactivated account. Too much crap. So, I make good money on LOW FLOATERS. I usually get in BEFORE they run...OPHC, IPDN, TSRI, RELV, CARV, CADC, LEDS, RIOT, ELTK have been recent successes as I got in BEFORE the rush. Right now, KBSF is a definite play. A big trader today bought over $300,000.00 worth of stock TODAY! They put a bid in under the current bids and in seconds, the market makers dropped the stock and filled the bid. It then shot back up before slightly fading into the close. If you look at todays chart, you will notice a 60K spike in volume this afternoon. That was when the big buyer showed up. From Yahoo two days ago: "KBSF the most UNDERVALUED micro low float stock (float of only 450,000 shares!). Company has $88.96 million in total assets, balanced by $6.59 million in total liabilities (very low debt). They also have $24 million in cash and a book value of $47/sh, yet only trading at $5.05 at the close. Insiders and Aqua Investments own 1,323,123 of the 1,772,000 shares outstanding. The float is 448,877 shares or 584,033 shares if Aqua sold every share. That is extremely low either way. There are 393,000 warrants of which 368,000 are IPO warrants due to expire in 2019. These IPO warrants are NOT exercisable unless the stock maintains a share price of $17.50 for TWENTY OUT OF THIRTY trading days. So, you can bet with insider ownership being VERY HIGH, and with warrants worthless under $17.50, management is going to do everything in their power to see this stock rise. They have 53 clothing stores across China and are ramping up their online presence. Put this on your radar people. Stock was under quiet but solid accumulation during the last hour today and is coiling up for another run!" This proved correct because two days ago KBSF was in the $4's...so good call. Today it hit $5.99. Judging by the huge BUY today, it's looking like news is about to hit that could propel this back to $14, where it hit two weeks ago. This is risky, but the company is legitimate. They have been reporting since 2012, when they IPO'd and got hurt by the slowdown in the Chinese economy. Nevertheless, smart money buys AHEAD of the explosion. Full Disclosure: LONG 10,000 shares.
what do mean "was in free fall" - still falling & down real nice today!! Wish i had the guts to short @ top especially considering how long this thing made me wait but opted to be safe & make sure it was coming down.
Welcome Ricco - will be nice to have another person playing in this thread!! We have 2 stocks in common >> LEDS & KBSF which has been on watch since initial run. CHFS is another one on close watch - would so love another repeat minus all the halts & definitely won't be watching it move into double digits b/f i scalp it the next time either! PS - like your alias - my favorite bird.
somewhere along the line when XNET was in the 20's - took a look at 50DMA @ $5.90 - some of these china plays are trading like OJ futures...lol - good to hear you nabbed it on the way down!
Morning! SO glad i didn't get greedy & covered XNET yesterday - thing is fighting hard to keep from dying!! CHFS trying...
DNR (friend recommendation - never listen to friend picks lol) was stuck in it for awhile - halted now & might run over $2
CHFS nice dip under $4. Might wanna keep WFT on radar- looking like it's getting ready to move up from bottom. Not popping this thread back up since it's already up there lol. Decided not to hold new CHFS entry o/n - IMGN pushing up through 50 ma again.
Thurs. gainers: CRMD: $0.59 + 12% / XNET: $13.65 + 7% / IPI: $3.82 + 3% / OCUL: $4.12 + 3% (strong buy) / CARA: $12.45 + 3%
watching WFT - thx - OCUL held critical level @ $4.12 (i'm actually even now) - maybe they'll let me make a few pennies ; CARA out of the 11's - onward to $13. Keep an eye on china plays SFUN & CYOU - both with high divs - creeping up. Also - BORN (PE: 3) & going back to SORL under $7. FYI: Now this is intriguing - (2) single company ETFs focusing on AI & Robotics - BOTZ: $23.91 -- ROBO: $41.69 - nice charts:
