Wish "wise" was the case but it's not was hard lesson that had me leaving the market for a number of years and swearing off OTC stocks or any any stock under $1!!! Although, that may change at some point b/c there is this part of me that wants to beat what beat me PS - forgot to mention that i got a crash course reminder upon my return to the market around end of 2014. Was chomping @ the bit to get back into trading and guess what the first stock was that i jumped into without even looking >>> An OTC penny stock that took me over a year to work my way out of
....we've all been there - had one that actually came in handy to offset gains after disappearing from the pinks! ....makes a good case for dd
^^ sitting in hell with that OTC penny play for over a year gave me plenty of time to do DD & the main thing that i learned is that it takes way too much detective work down there in the wild west to get the facts - crazy how much OTC companies can get by with in their filings (that is if they even do file)...
Watched KERX moving up during the summer & still watching/hoping for more of a pull back even though i don't think what i really want is gonna happen. PDUFA due 11/9
oh right...there's no reliable dd for pennies - just hype and blank spaces on SEC forms - as for the bb & pinks - a company can just have an idea, a desk, and a water fountain (visited one just like this)...and then there are those who buy shells for 20k and claim to have the rights to some miracle cure from Tanzania or wherever - ...and of course - it will revolutionize the entire industry!
finally picked up some JD: $37.71 - has been difficult to buy below $38 - looking to buy more under $37.
^^ will keep on watch - looks like it got some negative press yesterday & there is a gap around $35 range
LOL just looked @ CSLN & see that Adam F strikes again - down to $4's now & wish i checked in on this earlier. RGSE is another short watch.
changed my mind & took my $2 - article plus chart is indicating a reversal Posted wrong article so removing & will post right one later when i find again
ZTO: $13.50 (-2%) - good entry point on the dip; sorta like a Chinese Fed Ex (17,000 employees, PE: 4 - expanding operations) - just a hair below 50DMA SHANGHAI, Sept. 20, 2017 - ZTO Express - a leading express delivery company in China - today announced that it has begun trial operations at its newest sorting hub in Chengdu, Sichuan. The sorting hub is ZTO's largest in Western China in terms of parcel volume.
Watch-list gainers: MYL: 38.00 +5.47 (16.82%) - GELYF: 3.44 +0.26 (8.22%) - XXII: 3.02 +0.20 (7.09%) - FRSX: 5.85 +0.30 (5.37%) - APEN: 5.40 +0.26 (5.06%) - ITCI: 16.72 +0.80 (5.03%) - BLRX: 1.26 +0.06 (5.00%)
"Analysts on a consensus basis are expectingthat the stock will reach $28 within the year." Wow. Seeing how it was 22 a month ago, doesnt seem like totally uncharted territory. Certainly was worth a look. If you believe them to be anything close to accurate, the february $20 calls are $1.35 and $22.5 are .90. I know you arent an options guy, but thats pretty decent odds. Any dollar above $21.35 between now and mid feb, is nearly a bag. Riskvs reward may be worth it?
First off - nice avatar pick! Second .. my crystal ball is in the shop so what stock/ticker are you talking about here??
No surprise that i'm back in VERI again - picked up a few @ $41.70. Got one MTBC short/scalp $3.70 - $3.25 & thought for sure it would crash a/h but not the case just yet. RYTM IPO is on radar tomorrow.
cannot find ALB article i read & just pulled up chart & is not chart i was looking at earlier either so no clue what was going on but not the first time i have bought/sold the wrong stock so will have to watch for a pull back now, grr.
