StockFetcher Forums · Filter Exchange · penny crap pick<< 1 ... 5 6 7 8 9 ... 12 >>Post Follow-up
13th_floor
724 posts
msg #53736
Ignore 13th_floor
8/1/2007 9:05:58 AM

karennma:

13th Fl:
Were U in AESK?
If so ...
What filter did you use to get it B4 the move?

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Yes I was in AESK but only got 1/3 of its intraday move.

All I scan for with these pennies are ones that show an unusual move in the last day or 2,either UP or DOWN,usually 10% or more.
Then I chart for at least 200% volume increase over the last day.
AESK fit the bill on the 27th
A huge gainer on 10x's previous day volume.
I use no other indicators.
Also I troll the low priced ones pretty constant intraday,no matter if on my list or not,I don't care as long as they are moving, to find ones hitting high of days with large % increases over their average volume.
I also picked it up this way.

13th_floor
724 posts
msg #53744
Ignore 13th_floor
8/1/2007 11:10:44 AM

AESK wild again from .055 to .11,now .08

PECB has good vol 7x's yesterdays at .35, in and watching like a hawk for the plunge if it comes.

karennma
6,827 posts
msg #53747
Ignore karennma
modified
8/1/2007 12:48:04 PM

whka
shmm
abvg
prth
mhii
bldv
gcog
ecci




13th_floor
724 posts
msg #53748
Ignore 13th_floor
8/1/2007 2:04:28 PM

For some reason I keep getting frozen when trying to load forums here today so this is kinda late but AHM is starting to go at 1.40.

It started to get the buying vol around 1.20 area.



13th_floor
724 posts
msg #53765
Ignore 13th_floor
8/2/2007 10:55:17 AM

In this from 1.20 and it's going over 2 right here,at 2.14
1.98 stop and will re enter if goes over 2 later this p.m with volume spikes.

In PECB yesterday .25,using break even trailer

13th_floor
724 posts
msg #53768
Ignore 13th_floor
8/2/2007 12:12:26 PM

AHM 4.60 hod !!!!!!!!!!!!!!!!!!!

This is why I play the pennies (along with anything else that's moving at the time)

Risky if you're new to them but if experienced gains CAN be unreal.

nikoschopen
2,824 posts
msg #53777
Ignore nikoschopen
8/2/2007 4:03:01 PM

Unless you have the stomach to weather the manic/depressive gyrations, be sure to have a plenty of antacid at ure disposal because it ain't no smooth sailing by any stretch of the imagination. :)

13th_floor
724 posts
msg #53778
Ignore 13th_floor
8/2/2007 4:08:50 PM

That is so true.
Another lesson why you CAN NOT walk away from these and you must be prepared to sell to lock in profits.
DO NOT BE GREEDY.

AHM closing price 1.45! HOD 4.60

jrbikes
624 posts
msg #53790
Ignore jrbikes
8/2/2007 10:10:14 PM

I remember when I first started trading pennies, I got in and looked at the chart 30 minutes later, boy was I happy, looked at chart 30 minutes later, boy was I sick!

I had to do this while at work, shew!

talk about buying stock, should of bought some in Pepto Bismol!

nikoschopen
2,824 posts
msg #53791
Ignore nikoschopen
8/2/2007 10:45:08 PM

LOL! Being El Cheapo at the wrong time can send you packing to ure grave in a hurry. Too bad it doesn't come with a money back guarantee.

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