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Damn, I forgot to share OTT with everyone yesterday morning. It's having a nice little run.
PPHM bottom playPut a buyorder in at 0.74 Now lets see if it gets filled
Cancelled my bid at $0.77 and watching for a lower entry.
I played PPHM once and lost a bit. Actually I got in a little too late for the bounce. But it looks good at these level. Just keep a close eye on it, company is struggling, could be some fraud activity going on as well. Dont hold it too long
Quote from: bawanyh on October 10, 2012, 12:32:43 PMI played PPHM once and lost a bit. Actually I got in a little too late for the bounce. But it looks good at these level. Just keep a close eye on it, company is struggling, could be some fraud activity going on as well. Dont hold it too longIndeed, wasn't aware of the fact that there where some law suits when I bought yesterday...Also the fact that it doesn;t move right now says to me that they are trying to hold it down
Quote from: Dunadoni on October 11, 2012, 01:56:25 PMQuote from: bawanyh on October 10, 2012, 12:32:43 PMI played PPHM once and lost a bit. Actually I got in a little too late for the bounce. But it looks good at these level. Just keep a close eye on it, company is struggling, could be some fraud activity going on as well. Dont hold it too longIndeed, wasn't aware of the fact that there where some law suits when I bought yesterday...Also the fact that it doesn;t move right now says to me that they are trying to hold it downLawsuits are a no-brainer because the stock fell from above $5 to $.80 in one day. I did some DD when I played it, they supposedly had some kind of "revolutionary" drug that they came out with and the stock climbed big time, but then they found some discrepancies in their data which caused the drop. The management hasn't said much since then which tells me they knew all along what was going on.
Hmm dunno what to to, selling with a small loss or holding. Something inside me says this can stay for a very long time around 0.70 - 0.80