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Author Topic: PFMS went down 77% 2 days ago now up 440%  (Read 3377 times)

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armin

  • Guest
PFMS went down 77% 2 days ago now up 440%
« on: April 02, 2008, 01:37:23 PM »
oh  man, thats a kick to the nut's! why arent i making that kind of money? is this how badly punished stocks go down so much and then recover with a 440% percent the next day? ive seen this 3 times they go down 70 to 80% and then go up big time, wouldnt you have a hard time selling something that went up so much? if you look very closly you will see these stocks have a pattern as  that happens.

Tommy86

  • Guest
Re: PFMS went down 77% 2 days ago now up 440%
« Reply #1 on: April 02, 2008, 05:45:38 PM »

armin, dont worry.

you could have NOT made that much money!

because you

#1 forgot to remember the spread at which you are able to buy and sell
#2 with that volume NO trading is possible, you can always buy but not sell!

its like looking at a tripzero chart of a stock that constantly goes between 0.0001 and 0.0002. does that mean you could have always made 100% on every of that ticks? NO, cause there is a spread in bid/ask. besides, on stocks which have nearly no volume the spread is often so ridicously big, you think MMs want to prevent that you trade em (prob. because they are short).

armin

  • Guest
Re: PFMS went down 77% 2 days ago now up 440%
« Reply #2 on: April 02, 2008, 06:06:29 PM »
there really is no reason to trade a stock at 50 million volume, im watching these mofo's and i see that 100% gain and i see the volume getting bigger evrey 30 minutes which means some dumb ass is buying and the price is going up and down  and then and the volume closes at half a million or over an million which is descent im sure you would be able to sell it within an 1 hour 0r two, but the thing is trying to unload 10,000,000 shares is impossible but 14,000 is possible. hey tom what do you think i mean you are a better trader than me?


it kill's me inside that i see these type of gains and im not making jack out of this market

Tommy86

  • Guest
Re: PFMS went down 77% 2 days ago now up 440%
« Reply #3 on: April 02, 2008, 06:15:28 PM »
armin, you need to not stress you with that!

and it has simple reasons:

first, everyday there are thousands of stocks going up, many of them more than 100%.
you CANT get all these runners. i myself dont get em, but i try to figure out the next and buy early.
but i dont stress me by seeing them and not being part of it. better i think of how great that these chances exist here
and that we can get one in future.

second, most of these huge runners consist of one spike coming out of nowhere because of news. you cant predict them before.
last summer there was one stock i watched. it ran 10.000% in one day. imagine that! before it was flat, no volume, no trading. suddenly RM news and some big players jump in starting the wave... . no way in getting upset if you didnt get in before, there was no way of knowing that!

the only, risky, thing you could have done is to see how it run and jump on. but its always dangerous to jump on a running train.

all these people who buy "dead" stocks as lottoplays... what do you think how many stay dead or go down more for every one which pops hundereds of percent??!
in the longterm you will lose on these trades, so stay to TA and try to catch "smaller" (still way over 100% possible) gains but surer ones.

armin

  • Guest
Re: PFMS went down 77% 2 days ago now up 440%
« Reply #4 on: April 03, 2008, 12:40:40 AM »
thank's tommy for your wisdom and it really means allot coming from you, as you read my post's you see a man a young man stressed out like no other, stressed out about not making jack, a man who doesnt even have his health the most important thing you can imagine but as soon do come back in the market, if i were to lose it all i would of lost it many months ago, so that means something i kind of no what im doing.

next time if i have a hundred bucks to spare and i do this sort of risk by putting money in crap stocks  that have tanked big and are in the volume of 500,000 to 1,000,000 and it rebounds big the next day ill repot this to the board. remember this these  crap stocks have a pattern and once you catch the pattern you can then get those 100 to 400% reterns in a day.