Level 2 makes everything easier to view, but you need to pay for L2 ($10-15/month usually)...
So, here's the deal. Some big money guy came into this stock and he's got a hardcore grudge against a few of the other pennystock traders that are in this play. I'm a little concerned since this is a BIG MONEY guy and it sounds like he wants some revenge. So, I'm warning everyone right now that you may have a chance to pick some shares up today at the close under .02, so get in a limit order at this price. I would recommend playing the pop and selling the majority of these shares tomorrow.
I'm a little concerned, but don't know how serious this guy is ... but at least he's telling me whats up. So, if you've got a weak stomach, this play is no longer for you. Just trying to do the right thing and update the board as to why we're losing value here. I still think the potential is monstrous, but when big money guys come into these trades, things can get ugly if they want to short the stock or just punish it with market sell orders. You've been warned. Hopefully things still work out, I'll let you know as more details come in.
So, here's the deal. Some big money guy came into this stock and he's got a hardcore grudge against a few of the other pennystock traders that are in this play. I'm a little concerned since this is a BIG MONEY guy and it sounds like he wants some revenge. So, I'm warning everyone right now that you may have a chance to pick some shares up today at the close under .02, so get in a limit order at this price. I would recommend playing the pop and selling the majority of these shares tomorrow.
I'm a little concerned, but don't know how serious this guy is ... but at least he's telling me whats up. So, if you've got a weak stomach, this play is no longer for you. Just trying to do the right thing and update the board as to why we're losing value here. I still think the potential is monstrous, but when big money guys come into these trades, things can get ugly if they want to short the stock or just punish it with market sell orders. You've been warned. Hopefully things still work out, I'll let you know as more details come in.
Yeah, looks like a tell-tale sign we'll be back up to .04 in no time. I'll be adding first thing in the morning. I think this big money guy is all talk and tried to ruin the party today. IMHO, we go back to .04 tomorrow, then we continue our run up to the low teens in the near-term future. Sometimes the MMs try to shake out the weak-handed investors by doing something wild like today. There was clearly some bid-whacking going on as well ... if you look at the trades for the last hour, someone (MMs or Big $) was selling 500-1000 share increments at the bid to scare people out. Well, 500-1000 shares of a .03 stock is only like $15-30 trades, so people have to take that into consideration as well. To me, it's all scare tactics and I use times like these to load my boat. Hey, get in tomorrow at .025 and sell some at .04, thats an easy 60% return, lol. I'm fine with that!!
Things should be moving back up tomorrow. All Aboard
Like I said above, some big money guy wanted to cause some problems, but I believe he has moved on now. The biggest problem he created (other than kicking it down about 60+% in a few days) was screw up the charts, and a lot of people only invest based off of charts. This looks good going forward and with a float of only 10M shares (84M Outstanding, 74M Restricted), this things moves on air. I believe this will see much better days ahead ... short-term => mid-term play, still see .20 in the short-term, prob dollar land in a few months as long as the PRs keep coming out ... still expecting 3-4 more PRs over the next few weeks.
Another great chance to load the boat while people are still wondering if the big seller is gone ... I think he is since he would probably be whacking the bid right now if he wasn't. But, it's your call, your money. Just trying to help out the little guy. Speculative play, yes, but IMHO the PPS should be at least at .20 (like it was earlier), and with all the recent announcements, we should be higher than last year's .50. GLTA
It was a chick actually, and a few others didnt help the situation. But, the guy got burned on another stock, not DNNC. It's a pretty pathetic situation, but i think the damage has already been done since the chart looks pretty sh!tty now, lol ... at least from a technical standpoint. But, we wouldve closed at .02 yesterday had the bid-whacker not sold that 100 share at bid at the close just to paint it ... so, IMO, the chart still looks great.
She's thin down here in the 1s ... L2 shows:
.016 .018 then .037
Could easily get back to .04 in no time, just need a little volume and some Ask hitters, then we're back off to the races. Buying at .016 knowing we could easily get back to .037 shows how easy it could be to make a 100% return in one day.
.016 .018 then .037
Could easily get back to .04 in no time, just need a little volume and some Ask hitters, then we're back off to the races. Buying at .016 knowing we could easily get back to .037 shows how easy it could be to make a 100% return in one day.
Any idea when it will go to .8 or .10?
I want to sell my 30000.
where can I see the in time quote? the one from here: http://www.marketwatch.com/investing/stock/DNNC
is 20 mins delay.
Thanks.
He did say it was not for those that can't stomach some risk. Punter, you and i have probably lost more $ on a single football bet than we could lose on 50k shares of this stock. This is so much more fun than betting football because you can play every day.
Get on board the vomit train.
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