Q and A Seminar – OTCs, Stops, Losses etc.

by | Mar 21, 2011

[Mar 20, 2011 8:00:27 PM EDT]   InvestorsLive arrrrrrrriiiiiite peeps

[Mar 20, 2011 8:00:33 PM EDT]   InvestorsLive Welcome

[Mar 20, 2011 8:01:05 PM EDT]   InvestorsLive same format as usual, I’ll cover the questions sent in.. will ask if any questions after each one

[Mar 20, 2011 8:01:10 PM EDT]   InvestorsLive and then open it up

[Mar 20, 2011 8:01:21 PM EDT]   InvestorsLive so please don’t ask random questions inbetween like… “Is AAPL a buy”

[Mar 20, 2011 8:01:37 PM EDT]   InvestorsLive Two Simple ones I’ll knock out right away

[Mar 20, 2011 8:02:08 PM EDT]   InvestorsLive QUESTION: for new traders like me, which do I concentrate for the following day in your watchlist, the prelist, scans or momentum?

[Mar 20, 2011 8:02:45 PM EDT]   InvestorsLive QUESTION: Former runners…. For newbies it would be a great help to get a complete list of every former runner you guys ever played. Would it be possible to dump every stock you have traded in the last 3 maybe 4 years into a spreadsheet and make available online?

[Mar 20, 2011 8:02:58 PM EDT]   InvestorsLive I’m going to put these ones together because they sorta compliment one another

[Mar 20, 2011 8:03:00 PM EDT]   MilesJStoner      wow

[Mar 20, 2011 8:03:18 PM EDT]   ChopStockTrader             I have one for Muddy I thought of today for afterwards

[Mar 20, 2011 8:03:22 PM EDT]   InvestorsLive No, we are not and cannot make a list of the last 3 or 4 years

[Mar 20, 2011 8:03:28 PM EDT]   InvestorsLive that’s useless to be quite honest

[Mar 20, 2011 8:03:46 PM EDT]   InvestorsLive the idea here is to consult an excel sheet if you see a ticker and find out if its a former runner or not

[Mar 20, 2011 8:03:51 PM EDT]   InvestorsLive by the time you pull your sheet up, play will be gone

[Mar 20, 2011 8:03:59 PM EDT]   InvestorsLive that’s not how we use the concept of former runners here

[Mar 20, 2011 8:04:14 PM EDT]   InvestorsLive You don’t need to know all former runners, they will just come

[Mar 20, 2011 8:04:23 PM EDT]   InvestorsLive hitting on the first question – its thru homework

[Mar 20, 2011 8:04:25 PM EDT]   MilesJStoner      we’ll let you know if its moving, and if its a former runner, you can build ur own list

[Mar 20, 2011 8:04:39 PM EDT]   InvestorsLive the point is

[Mar 20, 2011 8:04:44 PM EDT]   InvestorsLive you don’t need a list

[Mar 20, 2011 8:04:47 PM EDT]   InvestorsLive its useless

[Mar 20, 2011 8:04:49 PM EDT]   InvestorsLive won’t help you

[Mar 20, 2011 8:04:51 PM EDT]   Laura you just learn them over time

[Mar 20, 2011 8:04:53 PM EDT]   Laura that’s it

[Mar 20, 2011 8:04:55 PM EDT]   InvestorsLive they are always changing

[Mar 20, 2011 8:05:09 PM EDT]   InvestorsLive the point is we see trades come and go in cycles

[Mar 20, 2011 8:05:25 PM EDT]   InvestorsLive we see it this month it rips, settles back and in 2 months bam we see it popping on volume and say

[Mar 20, 2011 8:05:31 PM EDT]   InvestorsLive woah, remember when it ran 2 months ago HUGE

[Mar 20, 2011 8:05:48 PM EDT]   InvestorsLive and that’s what all traders remember .. therefore a higher average daily range (ADR) and booomm it goes

[Mar 20, 2011 8:06:05 PM EDT]   InvestorsLive the way to get the best grip on them is through homework

[Mar 20, 2011 8:06:11 PM EDT]   InvestorsLive view the scans, remember the tickers

[Mar 20, 2011 8:06:18 PM EDT]   InvestorsLive view Muddys list, chart them 3 month 6 month

[Mar 20, 2011 8:06:29 PM EDT]   InvestorsLive see if it ran big in past etc.. prior resistance, support

[Mar 20, 2011 8:07:00 PM EDT]   InvestorsLive once you take a good look at it .. it’s not hard to remember this stuff, you’ll be surprised how much useless info your brain retains

[Mar 20, 2011 8:07:33 PM EDT]   InvestorsLive LEI for example

[Mar 20, 2011 8:07:38 PM EDT]   InvestorsLive you never saw it before .. sure

[Mar 20, 2011 8:07:42 PM EDT]   InvestorsLive now you’ve seen what it can do

[Mar 20, 2011 8:07:53 PM EDT]   InvestorsLive in 2-3 months after its back to $1.50 and we see it spike on vol

[Mar 20, 2011 8:08:02 PM EDT]   InvestorsLive will you consider a long off dips knowing its past (aka former runner)

[Mar 20, 2011 8:08:04 PM EDT]   InvestorsLive answer is yes

[Mar 20, 2011 8:08:26 PM EDT]   Laura URRE great example this week

[Mar 20, 2011 8:09:14 PM EDT]   InvestorsLive so that’s the point there, and that’s the best way for newbs to get up to speed (other than reviewing the power point seminars I suggested)

[Mar 20, 2011 8:09:21 PM EDT]   InvestorsLive any questions regarding these 2?

[Mar 20, 2011 8:10:15 PM EDT]   Breadwinner      can you post the power point again. iw as a little late

[Mar 20, 2011 8:10:16 PM EDT]   ChopStockTrader             doesnt the whole formoer funner thing relate to how much volume can move a stock? Stock have proven they can move on so much vol in the past so when that vol reappears you have a clue what it takes to move it

[Mar 20, 2011 8:10:20 PM EDT]   simonj1                do these former runners have a shelf life? anotherwards once a former runner always a former runner even if from lets say 2 – 3 years ago?

[Mar 20, 2011 8:10:34 PM EDT]   InvestorsLive no powerpoint – no questions came in that had a reason for PP

[Mar 20, 2011 8:10:43 PM EDT]   Breadwinner      k

[Mar 20, 2011 8:10:53 PM EDT]   InvestorsLive the whole former runner thing relates to the whole idae that we know a stock can move

[Mar 20, 2011 8:10:57 PM EDT]   InvestorsLive that its proved itself in the past

[Mar 20, 2011 8:11:05 PM EDT]   Laura no simon, some do and some don’t have a future

[Mar 20, 2011 8:11:19 PM EDT]   InvestorsLive you guys are thinking to hard….

[Mar 20, 2011 8:11:26 PM EDT]   InvestorsLive its just KNOWING THEY RUN

[Mar 20, 2011 8:11:28 PM EDT]   InvestorsLive KNOWING THEY HAVE A HISTORY

[Mar 20, 2011 8:11:30 PM EDT]   InvestorsLive its not that hard

[Mar 20, 2011 8:11:35 PM EDT]   Laura but with the mideast thing, when ROYL PDO MXC started to go, we all knew it would be good

[Mar 20, 2011 8:11:38 PM EDT]   InvestorsLive I think you guys are over analyzing

[Mar 20, 2011 8:11:39 PM EDT]   Laura formers

[Mar 20, 2011 8:11:44 PM EDT]   InvestorsLive exactly Laura

[Mar 20, 2011 8:11:49 PM EDT]   MilesJStoner      gives hope to other investors when they’ve run b4

[Mar 20, 2011 8:11:50 PM EDT]   Laura when did they last run big IL?

[Mar 20, 2011 8:11:53 PM EDT]   Laura been a long time

[Mar 20, 2011 8:11:57 PM EDT]   InvestorsLive 2 years +

[Mar 20, 2011 8:12:09 PM EDT]   Laura for sure longer than that

[Mar 20, 2011 8:12:16 PM EDT]   InvestorsLive fact is with former runners is we catch them so early msot cases that worst case .. you scratch out…

[Mar 20, 2011 8:12:21 PM EDT]   InvestorsLive best case they rocket with you in them

[Mar 20, 2011 8:12:40 PM EDT]   InvestorsLive Alright so next 4 1uestions have to do with pumpers

[Mar 20, 2011 8:13:01 PM EDT]   InvestorsLive QUESTION: Several times with a pump that is in play, it will fall slightly, but not a whole lot. There’s talk in the chatroom to the effect that the promoters are doing this to play with the shorts. Could you explain that? How so? By getting ppl to short the stock and then making it rise? Why would they do this? What do they gain by it?

[Mar 20, 2011 8:13:25 PM EDT]   InvestorsLive the best example … and you’re obviously talking about ALZM because that’s not something normally said

[Mar 20, 2011 8:13:25 PM EDT]   InvestorsLive but

[Mar 20, 2011 8:13:38 PM EDT]   InvestorsLive look at their prior 3 plays?

[Mar 20, 2011 8:13:49 PM EDT]   InvestorsLive FCPG –> HHWW –> KNKT

[Mar 20, 2011 8:14:00 PM EDT]   InvestorsLive what did they do? shake the tree, make it look like it was ready to tank like 10 x

[Mar 20, 2011 8:14:08 PM EDT]   InvestorsLive and then slowly sneak it up and BOOOOM

[Mar 20, 2011 8:14:14 PM EDT]   InvestorsLive exit strategy = SELL into short cover

[Mar 20, 2011 8:14:35 PM EDT]   InvestorsLive do I recco that for a new person just joining? limited capital, not much experience

[Mar 20, 2011 8:14:37 PM EDT]   InvestorsLive helllll no

[Mar 20, 2011 8:14:44 PM EDT]   InvestorsLive take the easy $$, the easy money is gone on that one

[Mar 20, 2011 8:14:57 PM EDT]   InvestorsLive you all had an easy chance to get in at $1 or below and sell $1.30 with no head ache

[Mar 20, 2011 8:15:05 PM EDT]   InvestorsLive now you may get a ‘head ache’

[Mar 20, 2011 8:15:22 PM EDT]   InvestorsLive JAMN and UTOG right now, headacheless doubles, no reason to really sell YET

[Mar 20, 2011 8:15:23 PM EDT]   InvestorsLive cuz no dips

[Mar 20, 2011 8:15:27 PM EDT]   InvestorsLive but consider taking profits

[Mar 20, 2011 8:15:29 PM EDT]   Laura yeah, if you see 30%, take it

[Mar 20, 2011 8:15:37 PM EDT]   InvestorsLive after the first pull back .. EASY money is done

[Mar 20, 2011 8:15:41 PM EDT]   InvestorsLive then get into trader mode

[Mar 20, 2011 8:16:04 PM EDT]   InvestorsLive QUESTION: There’s supposed to be a big pump launching on tuesday – could you give us any insight on what to expect or what you are expecting from this?

[Mar 20, 2011 8:16:26 PM EDT]   InvestorsLive sure, I’d expect a lot of volume and buying interest the first 45 minutes

[Mar 20, 2011 8:16:47 PM EDT]   InvestorsLive not sure how to answer this… you guys who are interested in this stuff and playing these should be building your list and focusing on how their last ones were

[Mar 20, 2011 8:16:51 PM EDT]   InvestorsLive how they trade etc

[Mar 20, 2011 8:17:03 PM EDT]   InvestorsLive that’s part of how I went over to build the list in the last powerpoint

[Mar 20, 2011 8:17:10 PM EDT]   InvestorsLive theres not much more to say there…

[Mar 20, 2011 8:17:24 PM EDT]   InvestorsLive QUESTION: How about the pump and dumps. Like best %%%% penny stocks… would love to play them with confidence. how do you know when they are still being supported ( i see you talk alot about level 2 ) is there something we can look for.

[Mar 20, 2011 8:17:49 PM EDT]   InvestorsLive This goes back to the question above

[Mar 20, 2011 8:17:53 PM EDT]   InvestorsLive take the easy money and run

[Mar 20, 2011 8:18:07 PM EDT]   InvestorsLive after when you “over stay your welcome” only trade it if you know what you’re doing

[Mar 20, 2011 8:18:35 PM EDT]   InvestorsLive anyone new to the stuff should be out of ALZM, I have a huge padding from the first move obviously so now playing with some fire a bit

[Mar 20, 2011 8:18:57 PM EDT]   InvestorsLive I just watch the box (level 2) and see who is normally the support system – just like I said on UTOG

[Mar 20, 2011 8:19:06 PM EDT]   InvestorsLive PATH kept buying when they SMALL dips came

[Mar 20, 2011 8:19:16 PM EDT]   InvestorsLive and didn’t downtick, that doesn’t mean he can’t downtick but

[Mar 20, 2011 8:19:39 PM EDT]   InvestorsLive just something I noticed on WLOC (prior UTOG play) I remember PATH was the MM supporting

[Mar 20, 2011 8:19:57 PM EDT]   InvestorsLive and as you know I had connected UTOG and WLOC together via filings, and therefore it all made sense

[Mar 20, 2011 8:20:19 PM EDT]   InvestorsLive QUESTION: Alright, I have one since no one is asking anything. Why did they sell WRIT down the day before they released it? Ive seen that before a few times, is it to bring the price down to look more attractive or to transfer shares at a lower price? I went back and watched on demand for that day but TOS L2 doesnt show enough to see who was buying. Im assuming WDCO on bid soaking them all up

[Mar 20, 2011 8:20:43 PM EDT]   InvestorsLive you’re asking subjective questions and looking for objective answers much like many do in my PM lol

[Mar 20, 2011 8:20:49 PM EDT]   InvestorsLive no WDCO wasn’t buying that day I was watching it

[Mar 20, 2011 8:20:54 PM EDT]   InvestorsLive they prob just wanted to start it at a lower price

[Mar 20, 2011 8:21:21 PM EDT]   InvestorsLive Any questions on the last 4 questions regarding the pumps before moving on?

[Mar 20, 2011 8:21:47 PM EDT]   Rodg3r  nope.

[Mar 20, 2011 8:22:32 PM EDT]   InvestorsLive also some just want all the prior plays etc etc etc.. u guys should be monitoring this stuff, subscribe to all – start compiling.. that’s how you build your edge (ie: that’s my edge) I focus on all of it

[Mar 20, 2011 8:22:45 PM EDT]   InvestorsLive if unsure you can always visit stockreads.com and other websites that compile all the newsletters

[Mar 20, 2011 8:22:57 PM EDT]   wcwc69                that was some sick material in the past 20 minutes… everyone should really take note

[Mar 20, 2011 8:23:27 PM EDT]   InvestorsLive QUESTION: You speak a lot about risk/reward. When you’re watching a stock, do you go all in to start with or take a partial position and add to it if it’s favorable? What convinces you it’s favorable to add to? Volume? Watching the Level 2? Time and sales?

[Mar 20, 2011 8:23:45 PM EDT]   InvestorsLive I covered this in the last seminar, the one I suggested reading before this seminar

[Mar 20, 2011 8:23:55 PM EDT]   InvestorsLive depending on how confident I am .. or .. depending on how its trading

[Mar 20, 2011 8:23:58 PM EDT]   InvestorsLive lets take BSFT for example

[Mar 20, 2011 8:24:19 PM EDT]   InvestorsLive stock has a HUGE range, am I going to go short 2-3k shares when it could go 2-3 points against me?

[Mar 20, 2011 8:24:20 PM EDT]   InvestorsLive hell no

[Mar 20, 2011 8:24:42 PM EDT]   InvestorsLive like I said in chat, I started in SMALL specifically stated SMALL .. and average into my position

[Mar 20, 2011 8:25:01 PM EDT]   InvestorsLive was slowly sneaking up all day A LOT but then started to speed up a bit … I was afraid as I said that the borrows would go away

[Mar 20, 2011 8:25:10 PM EDT]   InvestorsLive so snagged a few… snagged a few more – and hoped for a parabolic

[Mar 20, 2011 8:25:36 PM EDT]   InvestorsLive as soon as it spiked a bit and topped out .. topped out 3 times then popped thru so I shorted a few more since that was a parabolic

[Mar 20, 2011 8:25:53 PM EDT]   InvestorsLive so I had averaged in… first move in my favor took 1/3 off (ie: locking in)

[Mar 20, 2011 8:26:07 PM EDT]   InvestorsLive and covered a bit more – but the point is .. I started off partial size

[Mar 20, 2011 8:26:26 PM EDT]   InvestorsLive That’s for a short on a thin stock

[Mar 20, 2011 8:26:33 PM EDT]   InvestorsLive lets say a breakout for example

[Mar 20, 2011 8:26:43 PM EDT]   InvestorsLive if I like the chart and know I want to be in … I’ll long some

[Mar 20, 2011 8:27:02 PM EDT]   InvestorsLive maybe I’m right.. maybe I’m wrong but I’m thinking the general direction is up …

[Mar 20, 2011 8:27:07 PM EDT]   InvestorsLive say its $3.85 consolidatiing …

[Mar 20, 2011 8:27:11 PM EDT]   InvestorsLive $4 is a huge break on the chart

[Mar 20, 2011 8:27:21 PM EDT]   InvestorsLive I see it break 3.85 .. I’ll long to anticipate the break

[Mar 20, 2011 8:27:32 PM EDT]   InvestorsLive 1/3 or 1/2

[Mar 20, 2011 8:27:43 PM EDT]   InvestorsLive then if vol picks up and .95 breaks I’ll prob jump in the rest of the way

[Mar 20, 2011 8:27:56 PM EDT]   InvestorsLive full size so I can sell some into a $4 break/pop and get back to regular size and ride it out

[Mar 20, 2011 8:28:14 PM EDT]   InvestorsLive that’s that for nasdaq

[Mar 20, 2011 8:28:22 PM EDT]   InvestorsLive and no level 2 is really not anything needed for that

[Mar 20, 2011 8:28:28 PM EDT]   InvestorsLive for OTCs/OTCBBs

[Mar 20, 2011 8:28:35 PM EDT]   InvestorsLive I watch the panic sells, u saw the JAMN panic snag

[Mar 20, 2011 8:29:19 PM EDT]   InvestorsLive other times, lets say panic sells, I snag but it bounces

[Mar 20, 2011 8:29:23 PM EDT]   InvestorsLive but they are still laying into it

[Mar 20, 2011 8:29:25 PM EDT]   InvestorsLive EVPH

[Mar 20, 2011 8:30:00 PM EDT]   InvestorsLive on the 16th check chat logs if unfamiliar

[Mar 20, 2011 8:30:05 PM EDT]   InvestorsLive and check the TOS on Demand if you have it

[Mar 20, 2011 8:30:08 PM EDT]   InvestorsLive with my comments

[Mar 20, 2011 8:30:18 PM EDT]   InvestorsLive we nailed the bottom bounce off like .036

[Mar 20, 2011 8:30:29 PM EDT]   InvestorsLive started to turn immediately but .038 kept selling selling selling

[Mar 20, 2011 8:30:44 PM EDT]   InvestorsLive if they let everyone in at the dead bottom, is it going to bounce? everyone will be up the same amount at the same time

[Mar 20, 2011 8:31:01 PM EDT]   InvestorsLive so you ned to take it off while there is still interest before it turns

[Mar 20, 2011 8:31:09 PM EDT]   InvestorsLive otherwise you’re gonna get caught in it

[Mar 20, 2011 8:31:19 PM EDT]   InvestorsLive as some did who didn’t take my suggestions realistically

[Mar 20, 2011 8:31:34 PM EDT]   InvestorsLive even tho I warned and said guys CAREFUL here they are selling into it.. even if it goes up more.. screw it

[Mar 20, 2011 8:31:41 PM EDT]   InvestorsLive for me. more times than not in a case like that

[Mar 20, 2011 8:31:50 PM EDT]   InvestorsLive I’m not upset I sold, I’m actually saying phewww

[Mar 20, 2011 8:32:02 PM EDT]   Laura grab the money and run

[Mar 20, 2011 8:32:09 PM EDT]   InvestorsLive yup

[Mar 20, 2011 8:32:17 PM EDT]   InvestorsLive u bought it for the dip bounce

[Mar 20, 2011 8:32:26 PM EDT]   InvestorsLive if it bounces and starts going sideways

[Mar 20, 2011 8:32:30 PM EDT]   InvestorsLive and looks weak… was that ur plan?

[Mar 20, 2011 8:32:37 PM EDT]   InvestorsLive no? .. get out … quit hoping

[Mar 20, 2011 8:32:40 PM EDT]   InvestorsLive we’re traders

[Mar 20, 2011 8:32:43 PM EDT]   InvestorsLive hope ain’t a strategy

[Mar 20, 2011 8:33:07 PM EDT]   InvestorsLive QUESTION: Two trades that killed me…. TDCP they took it down and scared me out of the trade. Then shot it up the two days after i sold…. Also BLOAQ. got scared out of that trade friday… wouldnt be suprised to see them move that one soon too. So how do you know when its a controlled drop or the beginning of the end…. or do you not know and you just guess. what should you be looking for.

[Mar 20, 2011 8:33:16 PM EDT]   InvestorsLive TDCP – check last seminar and the JAMN example

[Mar 20, 2011 8:33:23 PM EDT]   InvestorsLive you clearly didn’t go with your plan I’m assuming

[Mar 20, 2011 8:33:32 PM EDT]   InvestorsLive even off scan it was suggested to take profits in the AM move

[Mar 20, 2011 8:33:50 PM EDT]   InvestorsLive sounds like you didn’t and rode it back down… it’s ok… it’s just a bad habbit you have to break

[Mar 20, 2011 8:34:01 PM EDT]   InvestorsLive if you’re trading the momentum, take the trade… or get cut up

[Mar 20, 2011 8:34:15 PM EDT]   InvestorsLive as far as it shot up 2 days after u sold, who cares

[Mar 20, 2011 8:34:24 PM EDT]   InvestorsLive I’ve left 100s of millions on table

[Mar 20, 2011 8:34:29 PM EDT]   InvestorsLive if you look at it that way

[Mar 20, 2011 8:34:36 PM EDT]   Laura former runners: http://greenonthescreen.blogspot.com/2006/12/importance-of-knowing-former-runners.html

[Mar 20, 2011 8:34:46 PM EDT]   InvestorsLive fact is… you over stayed your welcome, didn’t follow the plan – and now turned into a panic seller

[Mar 20, 2011 8:34:49 PM EDT]   InvestorsLive and sold the bottom

[Mar 20, 2011 8:35:10 PM EDT]   InvestorsLive BLOAQ – hasn’t really had any momo – so not sure how to help you there… it’s been a slow sneak type

[Mar 20, 2011 8:35:16 PM EDT]   InvestorsLive but no real “trade” to learn from

[Mar 20, 2011 8:35:44 PM EDT]   InvestorsLive Any questions so far on those last 2 ?

[Mar 20, 2011 8:36:48 PM EDT]   simonj1                i thought in your scan or maybe in chat you said watch dips on tdcp. i missed the first run and then tried to catch the dip but was too early. got scared out then they ran it. but i get your point

[Mar 20, 2011 8:37:19 PM EDT]   InvestorsLive yea watch dips – and dips as I go over is see if it holds trend and consider the long again after 2:30-3PM

[Mar 20, 2011 8:37:28 PM EDT]   InvestorsLive its all about whether or not it holds trends

[Mar 20, 2011 8:37:36 PM EDT]   InvestorsLive if it perks off support towards close then hell ya … snag it

[Mar 20, 2011 8:37:43 PM EDT]   InvestorsLive but if it breaks that support, forget it

[Mar 20, 2011 8:37:46 PM EDT]   InvestorsLive move on to next

[Mar 20, 2011 8:38:15 PM EDT]   InvestorsLive “watch dips” does not mean just buy random pull backs – its a loaded explanation

[Mar 20, 2011 8:38:20 PM EDT]   InvestorsLive assuming that peeps understand how I trade them

[Mar 20, 2011 8:38:40 PM EDT]   InvestorsLive (which is how I have gone over and suggest playing them in the past seminars and chart examples)

[Mar 20, 2011 8:38:44 PM EDT]   InvestorsLive gearing/perking etc

[Mar 20, 2011 8:38:54 PM EDT]   simonj1                my biggest problem is i make a lot of good trades but keep them small. then i have big losers like tdcp or bloaq and i end up just burning commissions

[Mar 20, 2011 8:39:22 PM EDT]   InvestorsLive what’s wrong with that

[Mar 20, 2011 8:39:25 PM EDT]   InvestorsLive you’re learning

[Mar 20, 2011 8:39:30 PM EDT]   InvestorsLive burning comissions vs. losing

[Mar 20, 2011 8:39:45 PM EDT]   InvestorsLive I wish I burned comissions the first 3-6 months when I first started and learned how to trade

[Mar 20, 2011 8:39:56 PM EDT]   simonj1                since joining you guys i have learned a ton and appreciate everything you do….

[Mar 20, 2011 8:40:01 PM EDT]   InvestorsLive they’ll come but if you focus on solid charts with a market – it’ll work out

[Mar 20, 2011 8:40:20 PM EDT]   InvestorsLive if you focus on pumps, you need to play by the rules or get smoked

[Mar 20, 2011 8:40:34 PM EDT]   InvestorsLive but TDCP MDMN ACTC for example

[Mar 20, 2011 8:40:36 PM EDT]   InvestorsLive are ones with markets

[Mar 20, 2011 8:40:40 PM EDT]   InvestorsLive not dependent on pump

[Mar 20, 2011 8:40:57 PM EDT]   InvestorsLive they have a legit market that trades – vs. WRIT CXLT etc that go up and smack back down where u can lose ur shirt

[Mar 20, 2011 8:41:16 PM EDT]   InvestorsLive the prior I mentioned (TDCP etc) you can use technicals to trade

[Mar 20, 2011 8:42:06 PM EDT]   simonj1                back in the day i was one of those believers and got smoked on BIEL…. probably still would be doing this if it wasnt for this chat room……

[Mar 20, 2011 8:42:27 PM EDT]   InvestorsLive yea BIEL we lost another member who blew her account on that one

[Mar 20, 2011 8:42:36 PM EDT]   InvestorsLive I tried to tell her but she kept fighting with me 🙂

[Mar 20, 2011 8:42:45 PM EDT]   Laura sherry?

[Mar 20, 2011 8:42:48 PM EDT]   InvestorsLive no no no Nate you’re wrong, it has a REAL blah blah

[Mar 20, 2011 8:42:50 PM EDT]   InvestorsLive lol L

[Mar 20, 2011 8:42:51 PM EDT]   InvestorsLive no comment

[Mar 20, 2011 8:42:57 PM EDT]   Laura lol

[Mar 20, 2011 8:43:01 PM EDT]   InvestorsLive QUESTION: There’s a lot of talk about cutting losses short. I’ve held pretty tight stops on several trades and if/when it reverses, I stop out, only to watch the stock reverse again and continue to rise. Do you have any advice on when to cut losses vs accepting a loss and hoping it will reverse and continue to rise. The same question could apply if you were short a stock too.

[Mar 20, 2011 8:43:01 PM EDT]   simonj1                sounds like me back then lol

[Mar 20, 2011 8:43:19 PM EDT]   InvestorsLive hope = no !

[Mar 20, 2011 8:43:29 PM EDT]   Laura happens all the time with stops

[Mar 20, 2011 8:43:39 PM EDT]   InvestorsLive just stick to your rules, stick to your losses – in the new year my goal was to really not let my losses get much bigger than $1k

[Mar 20, 2011 8:44:01 PM EDT]   InvestorsLive (from when we first started way back…. yes that # is up cuz I’m trading better and better and I take on more risk)

[Mar 20, 2011 8:44:10 PM EDT]   InvestorsLive but I looked back in 2010

[Mar 20, 2011 8:44:21 PM EDT]   InvestorsLive and was like .. every big loss I had was when I didn’t take it off at $1k

[Mar 20, 2011 8:44:25 PM EDT]   InvestorsLive or less and broke my rules

[Mar 20, 2011 8:44:28 PM EDT]   InvestorsLive and started hoping

[Mar 20, 2011 8:44:33 PM EDT]   InvestorsLive like JAZZ …

[Mar 20, 2011 8:44:36 PM EDT]   InvestorsLive $13k .. why?

[Mar 20, 2011 8:44:44 PM EDT]   InvestorsLive I was up 2k at one point

[Mar 20, 2011 8:44:51 PM EDT]   InvestorsLive then was down 1k … 2k .. 5k … then was down 2-3k

[Mar 20, 2011 8:44:58 PM EDT]   InvestorsLive and kept holding saying hell no I’m right

[Mar 20, 2011 8:45:01 PM EDT]   InvestorsLive hoping it’d go down

[Mar 20, 2011 8:45:13 PM EDT]   Laura smash and grab now IL

[Mar 20, 2011 8:45:19 PM EDT]   InvestorsLive if I stop out at a max $1k (sometimes $2k depending on my size)

[Mar 20, 2011 8:45:25 PM EDT]   InvestorsLive I will stomp the market every day

[Mar 20, 2011 8:45:36 PM EDT]   Laura and btw, I coined that phrase 🙂

[Mar 20, 2011 8:45:38 PM EDT]   InvestorsLive for me… making a $500-1K is 1 good trade away

[Mar 20, 2011 8:45:58 PM EDT]   InvestorsLive so if I’m right more than wrong and stick to my strategy

[Mar 20, 2011 8:46:03 PM EDT]   InvestorsLive it works out.. it just does

[Mar 20, 2011 8:46:17 PM EDT]   InvestorsLive so yea, sucks many times I sell at bottom .. EMKR

[Mar 20, 2011 8:46:25 PM EDT]   InvestorsLive on my profit.ly EMKR or wahtever

[Mar 20, 2011 8:46:29 PM EDT]   InvestorsLive I said u know what this is probably bottom

[Mar 20, 2011 8:46:41 PM EDT]   InvestorsLive but I was at my point where if it dropped I’d lose my shirt

[Mar 20, 2011 8:46:50 PM EDT]   InvestorsLive or .. stick to my guns and do what I do and take my loss

[Mar 20, 2011 8:47:07 PM EDT]   InvestorsLive lost like 1700 or 2k but what if I didn’t and it dropped .40 cents more?

[Mar 20, 2011 8:47:33 PM EDT]   InvestorsLive don’t be stubborn, if ur account building mode, smash and grab

[Mar 20, 2011 8:47:59 PM EDT]   InvestorsLive You can always start into a position so u have twice the size of a stop

[Mar 20, 2011 8:48:08 PM EDT]   InvestorsLive if u have to use har dstops vs. mental

[Mar 20, 2011 8:48:14 PM EDT]   InvestorsLive then once it starts rollin’ add in

[Mar 20, 2011 8:48:16 PM EDT]   Laura trailing stops are a great tool

[Mar 20, 2011 8:48:22 PM EDT]   Laura I use them a lot

[Mar 20, 2011 8:48:52 PM EDT]   Laura that way emotions can’t get in the way

[Mar 20, 2011 8:49:33 PM EDT]   InvestorsLive yea

[Mar 20, 2011 8:49:39 PM EDT]   InvestorsLive any further questions regarding the last few we covered?

[Mar 20, 2011 8:50:21 PM EDT]   flyfast0095          I got another question not related to last few covered

[Mar 20, 2011 8:50:32 PM EDT]   Rodg3r  me too

[Mar 20, 2011 8:50:38 PM EDT]   InvestorsLive ok we’ll open it up shortly

[Mar 20, 2011 8:50:39 PM EDT]   InvestorsLive got a few more

[Mar 20, 2011 8:50:59 PM EDT]   InvestorsLive QUESTION: REVU… I am assuming this is not a pump. Legit company. Love the chart. Played it friday but again did not hold overnight. Only because I am not sure what is a good hold and what isnt.URRE and GMR on friday… great intraday charts all day…. Got in and out multiple times with both… When do you decide if they are looking like a potential swing play. I just feel I am missing out on letting some of these run…

[Mar 20, 2011 8:51:24 PM EDT]   InvestorsLive as I always say .. do what you want on Nasdaq .. I don’t hold over night

[Mar 20, 2011 8:51:26 PM EDT]   InvestorsLive most times

[Mar 20, 2011 8:51:40 PM EDT]   InvestorsLive some stuff that’s not as related or if I like the chart and it’s rollin’ off support etc

[Mar 20, 2011 8:51:54 PM EDT]   InvestorsLive then maybe like QPSA I like and will add if $6 bust again stuff like that

[Mar 20, 2011 8:51:55 PM EDT]   InvestorsLive but

[Mar 20, 2011 8:52:01 PM EDT]   InvestorsLive what happens if we have a hot close

[Mar 20, 2011 8:52:07 PM EDT]   InvestorsLive and Nasdaq gaps down 300 points?

[Mar 20, 2011 8:52:19 PM EDT]   InvestorsLive does that mean you’re a bad trader cuz you lost on the gap down cuz every stock is gapping down with the market?

[Mar 20, 2011 8:52:32 PM EDT]   InvestorsLive I mainly hold only momentum OTCs and OTCBBs

[Mar 20, 2011 8:52:35 PM EDT]   InvestorsLive not momentum Nasdaqs

[Mar 20, 2011 8:52:41 PM EDT]   InvestorsLive cash is king, come back next day

[Mar 20, 2011 8:53:14 PM EDT]   InvestorsLive You can always lock in into close and if you want to hold over – go for it just lock some in

[Mar 20, 2011 8:53:20 PM EDT]   InvestorsLive the variable here is the market

[Mar 20, 2011 8:53:26 PM EDT]   Rodg3r  specially lately

[Mar 20, 2011 8:53:31 PM EDT]   InvestorsLive right

[Mar 20, 2011 8:53:34 PM EDT]   simonj1                awesome explanation thanks IL

[Mar 20, 2011 8:53:47 PM EDT]   InvestorsLive QUESTION: Thoughts on shorting JVA as it is parabolic on a daily time frame?

[Mar 20, 2011 8:53:54 PM EDT]   InvestorsLive It’s on scan – but

[Mar 20, 2011 8:54:00 PM EDT]   InvestorsLive parabolic AM strength

[Mar 20, 2011 8:54:02 PM EDT]   InvestorsLive or late day weakness

[Mar 20, 2011 8:54:07 PM EDT]   InvestorsLive same concept I cover in the power point applied

[Mar 20, 2011 8:54:13 PM EDT]   InvestorsLive I use it for all momentum trades

[Mar 20, 2011 8:54:27 PM EDT]   InvestorsLive doesn’t matter what it is, if it moves parabolic I’ll take some s/s if I can

[Mar 20, 2011 8:54:31 PM EDT]   InvestorsLive if it just chills and starts to break down late day

[Mar 20, 2011 8:54:37 PM EDT]   InvestorsLive I’ll hammer the bid for a green to red

[Mar 20, 2011 8:55:03 PM EDT]   InvestorsLive and last question prepared:

[Mar 20, 2011 8:55:17 PM EDT]   InvestorsLive QUESTION: Again on friday in chat you wrote [Mar 18, 2011 10:54:52 AM EDT] InvestorsLive RPRX check it Mudis that a play you think Muddy likes? is that why you said that? it popped shortly after you mentioned it it Muddy.

[Mar 20, 2011 8:55:31 PM EDT]   InvestorsLive Dammmm straight Muddy likes it

[Mar 20, 2011 8:55:43 PM EDT]   InvestorsLive I just didn’t see “Muddy is typing” … or didn’t see him mention it

[Mar 20, 2011 8:55:51 PM EDT]   InvestorsLive therefore I know he missed it.. and I know he loves that one

[Mar 20, 2011 8:56:02 PM EDT]   InvestorsLive we nailed it every time lately, so just a heads up … hey … check it

[Mar 20, 2011 8:56:03 PM EDT]   InvestorsLive etc

[Mar 20, 2011 8:56:12 PM EDT]   InvestorsLive as I see it perking up

[Mar 20, 2011 8:56:22 PM EDT]   InvestorsLive and RPRX former runner just look at chart

[Mar 20, 2011 8:56:29 PM EDT]   InvestorsLive you didn’t even have to be in chat to know that if you just pull up chart

[Mar 20, 2011 8:56:47 PM EDT]   InvestorsLive thazz it

[Mar 20, 2011 8:56:51 PM EDT]   InvestorsLive whatcha guys got?

[Mar 20, 2011 8:56:56 PM EDT]   InvestorsLive any questions on what we covered tonight first?

[Mar 20, 2011 8:57:41 PM EDT]   flyfast0095          I have one . What routes do you use for speedtrader mainly to get out quickly

[Mar 20, 2011 8:57:50 PM EDT]   flyfast0095          or get a fast execution

[Mar 20, 2011 8:57:57 PM EDT]   InvestorsLive NITE 90+% of the time

[Mar 20, 2011 8:58:02 PM EDT]   flyfast0095          ty

[Mar 20, 2011 8:58:22 PM EDT]   xxleogarciaxx     is there any newsletters out there that specialize stocks that is in rock bottom?

[Mar 20, 2011 8:58:48 PM EDT]   simonj1                thats what stockfetcher scans can find y

[Mar 20, 2011 8:58:52 PM EDT]   InvestorsLive don’t know xxleog

[Mar 20, 2011 8:59:01 PM EDT]   InvestorsLive you could run scans on your own to find stocks bouncing

[Mar 20, 2011 8:59:09 PM EDT]   InvestorsLive or at support

[Mar 20, 2011 8:59:43 PM EDT]   InvestorsLive btw simon – thank you for the investimonials review, truly appreciate it

[Mar 20, 2011 9:00:03 PM EDT]   InvestorsLive same to jout – u guys both last 2 days (obv everyone else who has done it too) ..

[Mar 20, 2011 9:00:36 PM EDT]   InvestorsLive What else u guys got, Rodgr3r … I know u got something behind the keyboard … spit it out ha

[Mar 20, 2011 9:00:41 PM EDT]   Rodg3r  I’ve a poindexter-y question: Traders like Welsh, Kimble & Sykes have a bafflingly antagonistic view of pumpers. Would you describe your relationship with pumpers as symbiotic to a degree?

[Mar 20, 2011 9:00:56 PM EDT]   mickeyhh            what about UTOG

[Mar 20, 2011 9:01:16 PM EDT]   mickeyhh            im jus5t getting into these seminars

[Mar 20, 2011 9:01:32 PM EDT]   InvestorsLive Rodg – Welsh doesn’t trade OTCs so he doesn’t know the first thing about them

[Mar 20, 2011 9:01:45 PM EDT]   -war-     if you put it that way, Sykes has a symbiotic relationship too…his alleged strategy is to short the pumps

[Mar 20, 2011 9:01:50 PM EDT]   InvestorsLive Baron tried to short ALZM before it even pulled back and tries to tell other pros on twitter what to do even tho they are full time traders

[Mar 20, 2011 9:01:56 PM EDT]   InvestorsLive i don’t know that he has any knowledge with pumps

[Mar 20, 2011 9:02:11 PM EDT]   InvestorsLive also with HNHI he was trying to tell me it was a short at .30 then wen tto 1.50

[Mar 20, 2011 9:02:19 PM EDT]   InvestorsLive ignore the guys that don’t trade them on the regular

[Mar 20, 2011 9:02:24 PM EDT]   mickeyhh            it’s as if i don’t if i exsist here or not

[Mar 20, 2011 9:02:30 PM EDT]   InvestorsLive Sykes, loves pumpers ur view of him is wrong

[Mar 20, 2011 9:02:40 PM EDT]   Trader O              Are powerpoint presentations from past available?

[Mar 20, 2011 9:02:41 PM EDT]   Laura IL the best for the pump plays

[Mar 20, 2011 9:02:43 PM EDT]   Laura no lie

[Mar 20, 2011 9:02:46 PM EDT]   InvestorsLive think about it … I don’t care who what where when or why the pumpers GIVE US A TARDING OPPORTUNITY

[Mar 20, 2011 9:02:55 PM EDT]   InvestorsLive that’s what you have to take home

[Mar 20, 2011 9:03:06 PM EDT]   InvestorsLive everyone gives ’em sh*t but …

[Mar 20, 2011 9:03:10 PM EDT]   InvestorsLive hello .. JAMN … UTOG

[Mar 20, 2011 9:03:12 PM EDT]   mickeyhh            im not a pumper

[Mar 20, 2011 9:03:14 PM EDT]   InvestorsLive they putting $$ in ur pocket?

[Mar 20, 2011 9:03:15 PM EDT]   mickeyhh            they are

[Mar 20, 2011 9:03:16 PM EDT]   InvestorsLive etc

[Mar 20, 2011 9:03:30 PM EDT]   InvestorsLive huh mickey?

[Mar 20, 2011 9:03:36 PM EDT]   mickeyhh            only from selling

[Mar 20, 2011 9:03:38 PM EDT]   InvestorsLive mickey in outer space or something lol

[Mar 20, 2011 9:03:55 PM EDT]   InvestorsLive yes trader0 just click seminars

[Mar 20, 2011 9:04:14 PM EDT]   InvestorsLive mickey – did u have a question? your last 5 comments don’t make sense to me .. sorry

[Mar 20, 2011 9:04:16 PM EDT]   InvestorsLive not sure what ur asking

[Mar 20, 2011 9:04:18 PM EDT]   InvestorsLive or saying

[Mar 20, 2011 9:04:50 PM EDT]   InvestorsLive if you notice btw Rodgr – to hit upon ur question

[Mar 20, 2011 9:04:52 PM EDT]   -war-     originally, I think he asked your thoughts on UTOG

[Mar 20, 2011 9:04:58 PM EDT]   InvestorsLive the ones that hate on them all day etc

[Mar 20, 2011 9:05:03 PM EDT]   InvestorsLive and all that stuff

[Mar 20, 2011 9:05:03 PM EDT]   mickeyhh            im jusk asking what your feelings on UTOG

[Mar 20, 2011 9:05:06 PM EDT]   InvestorsLive don’t make money on them

[Mar 20, 2011 9:05:10 PM EDT]   InvestorsLive UTOG is on scan tonight mickey

[Mar 20, 2011 9:05:14 PM EDT]   InvestorsLive with my thoughts

[Mar 20, 2011 9:05:20 PM EDT]   mickeyhh            ok

[Mar 20, 2011 9:05:22 PM EDT]   InvestorsLive you can review the past 3-4 days that its been on scan too

[Mar 20, 2011 9:05:26 PM EDT]   mickeyhh            im new

[Mar 20, 2011 9:05:27 PM EDT]   InvestorsLive and see my thoughts leading up to today

[Mar 20, 2011 9:05:34 PM EDT]   InvestorsLive from 80s to here

[Mar 20, 2011 9:05:37 PM EDT]   Rodg3r  I certainly agree that we can make money from them. But reading their posts, I alwaysdetect a little hostility to them, not so much from Sykes, I guess. I never undertstood this. Just-a wonderin…

[Mar 20, 2011 9:05:50 PM EDT]   InvestorsLive UTOG = easy $$ now

[Mar 20, 2011 9:05:55 PM EDT]   InvestorsLive but u need to lock in prior to head ache

[Mar 20, 2011 9:05:59 PM EDT]   InvestorsLive no dips and its a doubler for us

[Mar 20, 2011 9:06:08 PM EDT]   InvestorsLive if u hvaen’t locked in or just buying now u need to be careful

[Mar 20, 2011 9:06:19 PM EDT]   mickeyhh            yes i agree i owm at 1.00

[Mar 20, 2011 9:06:53 PM EDT]   InvestorsLive Rodg3r – those who can’t .. act hostile and tweet

[Mar 20, 2011 9:06:56 PM EDT]   mickeyhh            they claim next couger

[Mar 20, 2011 9:06:58 PM EDT]   InvestorsLive those who can, scan them and trade them

[Mar 20, 2011 9:07:44 PM EDT]   Rodg3r  I gets it.

[Mar 20, 2011 9:07:53 PM EDT]   Rodg3r  thanks

[Mar 20, 2011 9:08:24 PM EDT]   mickeyhh            what about bestdamn pick/

[Mar 20, 2011 9:08:48 PM EDT]   wcwc69                Is there going to be a big OTC pump coming this week?

[Mar 20, 2011 9:08:59 PM EDT]   -war-     Newb question. When you say stocks xxx, yyy, zzz are all hitting the scan. Are you referencing an ongoing equityfeed scan that you have running?

[Mar 20, 2011 9:09:06 PM EDT]   InvestorsLive yes war

[Mar 20, 2011 9:09:06 PM EDT]   simonj1                ok another questions is madpennystocks, stockegg, pennystockville, hototc, stockrich the same thing? they all sent out emails about HMLA tonight….. and they all said about the samething

[Mar 20, 2011 9:09:16 PM EDT]   InvestorsLive those are all sitting near highs etc

[Mar 20, 2011 9:09:20 PM EDT]   -war-     thanks

[Mar 20, 2011 9:09:24 PM EDT]   InvestorsLive simon – yes

[Mar 20, 2011 9:09:59 PM EDT]   mickeyhh            do you know about NFRM

[Mar 20, 2011 9:10:13 PM EDT]   mickeyhh            looks like something

[Mar 20, 2011 9:10:58 PM EDT]   InvestorsLive who knows mick u prob got same pumps I did

[Mar 20, 2011 9:11:04 PM EDT]   mickeyhh            im just trying to make a buck or 2

[Mar 20, 2011 9:11:16 PM EDT]   Rodg3r  ONE MORE QUESTION: I know that IL pays attention to, but I’m curious the other moderators look at on their charts to make trading decisions? e.g. MACD, Stochastics, etc. And What do they ignore? Thanks.

[Mar 20, 2011 9:11:40 PM EDT]   Rodg3r  Meant to write what the other moderators pay attention to, sory

[Mar 20, 2011 9:12:06 PM EDT]   mickeyhh            man just want to stay at home working

[Mar 20, 2011 9:12:48 PM EDT]   InvestorsLive Rodgr – bmon not here to answer that but if u check his blog he has soem videos

[Mar 20, 2011 9:12:50 PM EDT]   InvestorsLive of what hes watching

[Mar 20, 2011 9:12:57 PM EDT]   InvestorsLive Miles maybe can help ya – he also has some videos

[Mar 20, 2011 9:13:07 PM EDT]   Rodg3r  yeah, he likes the ichimoku clouds..

[Mar 20, 2011 9:13:08 PM EDT]   InvestorsLive and I don’t think any others are here right now

[Mar 20, 2011 9:13:18 PM EDT]   InvestorsLive but feel free to PM tomorrow I know they always help

[Mar 20, 2011 9:13:18 PM EDT]   Rodg3r  no worries…

[Mar 20, 2011 9:13:40 PM EDT]   InvestorsLive any further questions regarding strategy

[Mar 20, 2011 9:14:05 PM EDT]   mickeyhh            yes what about bestdamn

[Mar 20, 2011 9:14:05 PM EDT]   Rodg3r  I’m trying to keep it as simple as possible, and different traders always stress different stuff. But I wll PM manana…

[Mar 20, 2011 9:14:27 PM EDT]   mickeyhh            hold or fold

[Mar 20, 2011 9:14:58 PM EDT]   mickeyhh            ::blush

[Mar 20, 2011 9:15:02 PM EDT]   -war-     mickey, he talked about the pump earler

[Mar 20, 2011 9:15:15 PM EDT]   mickeyhh            sorry missed it

[Mar 20, 2011 9:15:16 PM EDT]   Laura Rodger, all I use on 1 min chart is bollinger bands and 13ma

[Mar 20, 2011 9:15:28 PM EDT]   -war-     if you’re not use to playing them, don’t…just watch a few times

[Mar 20, 2011 9:15:44 PM EDT]   Laura Derffie is real good at using the 13 ma to trade the big losers

[Mar 20, 2011 9:15:46 PM EDT]   -war-     and if you do play them, take the easy money and move on to the next

[Mar 20, 2011 9:15:49 PM EDT]   mickeyhh            in and out and back in gotcha

[Mar 20, 2011 9:15:50 PM EDT]   Laura seems to work well

[Mar 20, 2011 9:15:53 PM EDT]   InvestorsLive strategy peeps strategy

[Mar 20, 2011 9:16:03 PM EDT]   InvestorsLive bestdamn isn’t a strat

[Mar 20, 2011 9:16:07 PM EDT]   InvestorsLive yes bestdamn is Tuesday

[Mar 20, 2011 9:16:09 PM EDT]   InvestorsLive waht more ya need

[Mar 20, 2011 9:16:17 PM EDT]   mickeyhh            just grab and go

[Mar 20, 2011 9:16:29 PM EDT]   InvestorsLive if that’s waht your comfortable with

[Mar 20, 2011 9:16:36 PM EDT]   InvestorsLive I don’t suggest playing to be honest if you have to ask how to trade it

[Mar 20, 2011 9:16:40 PM EDT]   InvestorsLive I would sit back and watch

[Mar 20, 2011 9:16:46 PM EDT]   InvestorsLive rather than play a pumper

[Mar 20, 2011 9:16:58 PM EDT]   InvestorsLive until you’re confident

[Mar 20, 2011 9:17:15 PM EDT]   mickeyhh            but you never know

[Mar 20, 2011 9:17:23 PM EDT]   Laura IL, how may times do you get a PM asking if it’s too late to buy?

[Mar 20, 2011 9:17:31 PM EDT]   mickeyhh            when or if they pull the plug

[Mar 20, 2011 9:17:41 PM EDT]   Laura when Mudd called on pre market list

[Mar 20, 2011 9:17:45 PM EDT]   mickeyhh            i guess based on closing prices

[Mar 20, 2011 9:19:36 PM EDT]   ChopStockTrader             Muddy…I was thinking about some of the moves you make and when you buy stocks on the open, how do you determine an out it the trade is going against you?

[Mar 20, 2011 9:20:22 PM EDT]   mickeyhh            i think UTOG goes higher what do you all think/

[Mar 20, 2011 9:21:27 PM EDT]   mickeyhh            went skydiving today and landed not so good

[Mar 20, 2011 9:21:52 PM EDT]   mickeyhh            banged my head LOL

[Mar 20, 2011 9:23:13 PM EDT]   Muddy i try to play the ones which in my mind are the best risk/reward trades out of the gat so i’ll go at least -4% stop on open, to me, and you’ll see i called NEXS out of the gate friday that was a great risk/redard play

[Mar 20, 2011 9:25:13 PM EDT]   InvestorsLive mickey – CHECK SCAN

[Mar 20, 2011 9:25:14 PM EDT]   InvestorsLive sheesh lol

[Mar 20, 2011 9:25:33 PM EDT]   Muddy that 3 hit on NEXS was all i needed to get in play

[Mar 20, 2011 9:25:43 PM EDT]   ChopStockTrader             yeah buying the whole number 3 you were almost certain to have it pause ther eif it came back…so at -4% it either works immediately or your out

[Mar 20, 2011 9:28:36 PM EDT]   Muddy it was down a buck in a month too on a slide and had pre vol that was building and had run before, on the nightly momo list twice in that time right before the 3.50 slide

[Mar 20, 2011 9:29:12 PM EDT]   ChopStockTrader             goes back to knowing the homework

[Mar 20, 2011 9:29:25 PM EDT]   Muddy thats why i run the momo list nightly without fail, have been to about 8 years now

[Mar 20, 2011 9:29:27 PM EDT]   Laura Mudd does the homework

[Mar 20, 2011 9:30:06 PM EDT]   Laura and speaking of former runners, only reason I know so many is trading with Muddy so many years

[Mar 20, 2011 9:30:19 PM EDT]   ChopStockTrader             yeah i know…i basically learned to do homework based on some of his other writings on this site

[Mar 20, 2011 9:30:28 PM EDT]   ChopStockTrader             how to do

[Mar 20, 2011 9:30:29 PM EDT]   Laura watch it day in and day out and you will know thousands too

[Mar 20, 2011 9:30:30 PM EDT]   mickeyhh            how do i check scan when you send it out?

[Mar 20, 2011 9:30:42 PM EDT]   ChopStockTrader             homework

[Mar 20, 2011 9:31:15 PM EDT]   InvestorsLive daily scan mickey

[Mar 20, 2011 9:31:20 PM EDT]   mickeyhh            somebody help me

[Mar 20, 2011 9:31:22 PM EDT]   InvestorsLive same place posted every night

[Mar 20, 2011 9:31:29 PM EDT]   mickeyhh            where

[Mar 20, 2011 9:31:34 PM EDT]   Muddy also good on r/r imo are ones that will or should open at or very near new 52s

[Mar 20, 2011 9:31:35 PM EDT]   InvestorsLive help us help u!

[Mar 20, 2011 9:31:36 PM EDT]   InvestorsLive dashboard

[Mar 20, 2011 9:33:00 PM EDT]   Muddy just like JVA fri, in fact i said that befor open

[Mar 20, 2011 9:33:04 PM EDT]   Muddy [Mar 18, 2011 9:09:52 AM EDT] Muddy JVA opens on 52s

[Mar 20, 2011 9:33:15 PM EDT]   Muddy and it ran real nice

[Mar 20, 2011 9:33:23 PM EDT]   rwaters254         Start typing here

[Mar 20, 2011 9:33:32 PM EDT]   ChopStockTrader             the pattern that Nexs had is kinda rare…we have seen it before. minimal day range and trading the couple days before, limited history of afterhours of pre trading and all of a sudden it hits pre many times and it up

[Mar 20, 2011 9:34:06 PM EDT]   mickeyhh            what if i have a deal that i thinks gonns run what do i do with it

[Mar 20, 2011 9:34:18 PM EDT]   InvestorsLive keep it to yourself

[Mar 20, 2011 9:34:22 PM EDT]   InvestorsLive and let it run

[Mar 20, 2011 9:34:24 PM EDT]   mickeyhh            ok

[Mar 20, 2011 9:34:35 PM EDT]   Muddy right here…[Mar 18, 2011 9:34:37 AM EDT] Muddy JVA more 6.50

[Mar 20, 2011 9:34:44 PM EDT]   Muddy it cleared 8 later

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