Nothing too exciting to add.
NEXM – Big spike on drug news. Too cheap to excite me.
PEIX – I had a nice short of this today but it closed green. Tomorrow may be the big down day or it could pull an NLST/IDN and just gyrate sideways for the next week or two.
Disclosure: No positions in any stock mentioned. This blog has a terms of use and you can find all my disclaimers and disclosures there as well; my full terms of use is incorporated by reference into this post.
NEXM too cheap? 50 million traded?
How is this too cheap when you just loaded up on a scam at 40 cents?
Last I checked 50m traded was a measure of liquidity, not price. I am historically not very good at trading lower-priced Naz stocks so I avoid them.
Michael;Do you know anything about SHE.Market kid says Tim will manipulate it.Don’t know what he means.Do you?Thanks in advance if you care to reply.
Michael,
The Market Kid is a joke. A while back he made up a story about turning $8K into $50K twice, and was called out on it. Later on, he made up a story about an awesome trade he had supposedly made, but close inspection of the time/sales revealed no trades were made at the price he claimed to have made the trade.
As for SHE, it’s not even on Tim’s watchlist. Market Kid is full of it as usual
Thanks for pointing that out, James. I was planning on responding in a similar fashion but forgot to do so. Yeah his SHE comment was absurd. The sad thing is that he has a good head for trading and if he were more transparent he’d have a huge following.
That last post is in response to Michael B, not Michael G aka Reaper
I just discovered that these comments have a “Reply” item that pops up when you move the mouse over it…..call me slow
PEIX finally fading a bit
PEIX holding up stubbornly ….but every time it pops there is tons of selling pressure to bring it back down….each pop is weaker and weaker
BGP breaking out