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Alright, I pulled the plug on CLL today. I am hopeful that you guys that are being patient are rewarded but I am tired of looking at this loser and would like to put that money to work! Mark |
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Don't know if any of you remember, but I posted a while back about getting in on a private placement, going for it, 50k buy in. I will own 1/66th (Based on a valuation of 3.3M) of the company.. though that will likely end up being diluted to some extent or another sooner or later I would think. Wish me luck lol. |
PP for what company? |
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PP is for Online Employee Scheduling Software | Workforce Management 1000 accounts and growing fast... |
wtf happened in the last hour. Hmmm not sure whether to buy more YNG as it continues to fall. |
YNG is sucking wind big time but that's as a result of the price of gold falling. As it falls further and further, the likelihood of it being economically viable to mine gold at YNG properties gets smaller and smaller. I'm not buying any more YNG but I am not freaking out either. I'm much happier to hold YNG in a negative situation than CLL, at least there's an upside for YNG! Mark |
fawk.. from bad to worse on YNG. Going to be holding for a while. |
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There's not much you can do but average down the price and wait it out. If the company has good fundamentals and has a lot of growth potential, I will buy more in the coming months and give it time. It's not just you who is in a long position, so is everyone else. |
been selling off bits and pieces of my POT holdings in last couple months and sitting on a bit of cash.. maybe i'll toss it into YNG .. market cap of +$260 million looks more stable than the other ones that have been mentioned of ~$3 million :troll: |
Common noobs, look at the volume on YNG, not the price. Volume trader per day: April 16: 114,006 April 13: 212,771 April 12: 677,751 (One single buying trade of 325k shares) April 11: 274,763 April 10: 250,949 For an avg. trading volume of 306,048 shares per day over the last week. Total number of outstanding YNG shares is 931,094,031. This means that on average, only .0328% of outstanding shares are being traded each day... YNG was trading at 32.5 on April the 9th, so if you think a price drop of (32.5 to 28.5) roughly 12% is justified by this volume (Total volume over 5 days of 0.164% of outstanding shares).. well then you're clearly not made for trading cause holding is beyond your emotional abilities as an investor... the proof of this is the .164% of investors holding YNG who felt the need to dump it on the way down. People are holding this stock for a reason, at least that would be my feelings in the matter. The market has in fact developed rather thick skin as of late, volatility of price and volume are telling us two very different things.. don't get caught up on the dollars you see in your trading account, it's these people that will sell and miss out on the jump up. |
America's hottest penny stock has links to controversial Osoyoos family Did anyone read this in the Vancouver Sun over the weekend? hahah SNPK:OTC is currently at $1.92...short it back to pennies? lol |
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Market funky today, AAPL and GOOG down relatively big RIM $RIMM said to discuss hiring a bank to help weigh strategy options -Bloomberg |
Anyone know the best broker who can provide low entrance fee of account for margin and able to short pennies? So far questrade is the best deal i found. Anything else? |
I thought you cant do penny stocks with quest trade |
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Fuck you Scotia iTrade... they merged iTrade and Mcleod Direct and now it's all fucked up, I have placed orders, can't modify or cancel them, and they have been sitting with the status of "not aknowledged"... FUCKERS lol those are market orders!!!! On a side note, they have seen fit to provide me with additonal buying power in the form of leverage.. I was surprised by this... Edit: 3 hours later, scotia still all fucked up. |
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Apple go H.A.M again |
Warren Buffett diagnosed with State I prostate cancer. Hopefully everything is well with him. Lets see how BRK does tomorrow. |
Think it's a non-event, or should be (rationally speaking). He's already 81, there have already been talks of his successor, it's stage 1 only. |
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I hate it when the platform, through their glitches, prevents you from making timely decisions... |
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