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On the subject of risky plays... FTCH

63,560 Views | 1050 Replies | Last: 5 yr ago by Ulrich
HawgDriver1
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AG
I'll just admit it. Stocks do nothing but trend down once I get involved. Sorry guys.
Levins Market
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LOL, its alright Hawg...We've all been there at one point in our investing lives. You'll have a year where nothing can go wrong, and you'll have those times where everything is Red. Its about the long term picture to me.... Where do I want to be in 1-3 years versus 5-7 years.

The right now really isn't important to me unless I'm faced with a crisis, and I *think* I've done a good job of sheltering myself from that in my portfolio.
IsThatATitleist?
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Newbie Here!!

I have been following this post for some time and finally joined in the fun at .1!

Why do they have 3 or 4 products if they are a new company? Shouldn't they specialize in 1 product and get that product to respectability? Just my 2 cents.

When I see a company that keeps introducing new products... I think they are in it for themselves... ie. pyramid schemes.

I do not think this company is a scam, I just want to know why they have so many products on the market?

Just my two cents.
Levins Market
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quote:
Why do they have 3 or 4 products if they are a new company? Shouldn't they specialize in 1 product and get that product to respectability? Just my 2 cents.



They have 3 products but are staggering the marketing of each product. Fargotube is a no brainer and can sell itsself, so I wouldn't say that they are "pushing" it in an aggressive manner. They may at one point late this year...

Interaction software began its marketing stage early this year. Now that they have a stable base of contracts and have more coming in each week, they will hand that off to a PM, and begin....

Their launch of Ascend is late this month. They are pretty tight lipped about the additions to it for good reason. They aren't telling anyone about it. I can only assume its much more robust than the demo. Once they start rolling that out and securing new business, it will be the core money driver going into 2010.
Ragoo
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AG
quote:
Their launch of Ascend is late this month.


How does this affect the price of the stock? Is this something we will have to wait they start making sales?

Levins Market
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I don't know that the marketing launch really affects anything. When they announce hardcore numbers for this year in terms of projected revenue for Ascend, then we will see it reflected in the PPS.



[This message has been edited by Levins Market (edited 5/20/2009 2:18p).]
old ag 2003
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AG
25 minutes left for it to "finish green"
tamuaggie2007
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AG
Not gonna happen today...
old ag 2003
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AG
It has to! Levins said it would!
Levins Market
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This is what happens when you have stupid sellers that sell into the bid. I'll never understand not selling into the Ask... you make more money! However, if AUTO moves off .08, it should move quickly to break even for the day.

LOL, and just like that some idiot buys on the bid in a tight b/a spread and saves a whopping $21 on the trade... *shakes head* I think we may have brought in too many novices that don't know how to buy micro cap stocks.
HawgDriver1
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AG
You cut me, Levin, you cut me deep with that last comment.
HawgDriver1
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AG
My only complaint for today was missing the selling action at .065 this morning. Damn having to drive 30 minutes to work!!!!!!
Levins Market
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quote:
You cut me, Levin, you cut me deep with that last comment.


The one about buying on bid? Was that you Hawg?

Buying on bid in penny stocks can trigger sell offs by novice traders.

No worries, I'm definitely not, but if you're looking for something this week, I wouldn't plan on it as long as the whackers are around.

As I said on another board, the chart doesn't factor in stupid buying and selling, although its easier to rebound against support levels when whackers knock it down there.

[This message has been edited by Levins Market (edited 5/20/2009 3:08p).]
HawgDriver1
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AG
No, that wasn't me. I was referring to being a novice, and getting to be a nervous one at that...but, I'm staying in for the foreseeable future. Curious to see what this little company does.
Levins Market
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Novice traders are the nature of the beast... its to be expected and all I can do is inform how to trade these stocks.

Greedy traders piss me off. Being impatient and not waiting 5 minutes to get your ASK sell filled, and then selling at bid not only hurts you $$ wise, but the stock... which brings me to karma... it will follow you!
FTCHscam
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What does Bigz chart say about today? Is it still searching for true resistance level (probably $0.00)? Or is he just pissed your $550k never came in to screw up his predictions of moving north after the $0.09 dip?
Levins Market
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Obsession noted! Since you obviously don't understand how these work, I'll let you answer your own question.

Money begets money, and smart money doesn't play with stupid money. Surely you know that.

Keep showing up though. I'll be glad to answer any of your questions.
Levins Market
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296,531 buy in afterhours.... not sure if it was held by a MM or if it was a true A/H buy.
Levins Market
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Level 2:

NITE @ .08

4 MMs @ .12


Just gotta move NITEs rear off the ASK.

[This message has been edited by Levins Market (edited 5/20/2009 3:25p).]
IsThatATitleist?
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Levins 2 Questions:

1. What is NITE?

2. Didn't you mention that you do not want to buy at .1 or a .09? You would rather buy at .095 or .099... something like that?
BT1395
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AG
OK...I get that this is an Internet Message Board, but what kind of pansy do you have to be to post anonymously on here like FTCHscam is doing???

I mean, seriously...man up and speak your peace behind your "real" handle since this is all behind the anonymity of the Interweb in the first place. An anonymous handle on a Message Board seems like two different kinds of chicken**** to me.

We all encourage good questions and meaningful debate and no one is gonna get their feelings hurt by someone challenging someone else's thoughts (or they shouldn't be trading stocks in the first place if so). So whoever is posting as FTCHscam - just grow up and post your retorts under your real handle.
BT1395
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AG
NITE = Knight Securities (a Market Maker)
Levins Market
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quote:
1. What is NITE?

2. Didn't you mention that you do not want to buy at .1 or a .09? You would rather buy at .095 or .099... something like that?



1) NITE is a market maker, or MM

2) No, I didn't say that. I hate that. MMs who lower asks to .099 from .1 or .095 are playing games with sellers and buyers.



FTCHscam makes me chuckle everytime he shows up. I'm long so I'm not emotionally attached to a day to day swing. As I said before, I'm here to post bits of information for those of you wanting to make short term plays.

SJEAg
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AG
Any idea if the PR today is it for awhile, or can we expect another one or at least some more details soon (as in this week or early next week)?
Levins Market
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thank you SJE!

[This message has been edited by Levins Market (edited 5/20/2009 4:23p).]
Levins Market
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Based on Jim's words today I expect another this week.
old ag 2003
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AG
400k volume after 2 hours and no movement...interesting

[This message has been edited by old ag 2003 (edited 5/21/2009 10:37a).]
tamuaggie2007
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AG
At least it's a breath of stability after the last few days...
Levins Market
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It was moving on no volume until NITE sold off shares to AUTO at the bid.

Same thing happened yesterday morning when you saw the .064 print... it was NITE selling to other MMs, which triggered others to sell at .07-.08 which gave him shares.

Only thing to combat that is a high volume day, or a little volume day. There has only been one sell this morning by a trader. The rest are buys. I have some money for EOD and I know others do too... what happens between now and then will determine whether I use it or not.
bkingtamu
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AG
Somebody please help reassure me that I will at least be able to break even on this thing. In around $0.10. This is one frustrating stock!!

B. King
A-Co BQ '02

The Fall Guy
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AG
0.06!!
Levins Market
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LOL... NITE did again what he did yesterday... I wonder if he knows something, or he's representing buyers that want a 3 bagger return to 52 week highs... I'm not sure.

He sold way below bid again to whack it .065, and get shares... but buyers now pouring in at the bid of .06.

Interesting... I bought up 40K shares here.
tamuaggie2007
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AG
quote:
Somebody please help reassure me that I will at least be able to break even on this thing. In around $0.10. This is one frustrating stock!!


I wish I could reassure you...I'm in a similar boat...got in at 0.12...I should've known better than to chase a stock on the way up.
Levins Market
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You'll break even if you're patient... NITE is the only one playing the game right now... the others aren't in a position to do so.

Too many day traders dumping or buying on bid here.

tamuaggie2007
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AG
Levins, any update on some of that big money that was wanting to buy into FTCH? All signs show that this shouldn't drop below 0.06. Seems like it would be a great boost to get this thing rolling again...

And no, I'm not trying to be facetious like FTCHscam. Just curious if there was still some money on the sidelines, or if they chose to invest elsewhere?
 
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