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We need it to get to the penny first. Stop losses

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Post# of 637
(Total Views: 369)
Posted On: 02/02/2018 11:07:55 AM
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Posted By: Goodspeed65
Re: Dmwcrash #71
We need it to get to the penny first. Stop losses have been placed along the way creating false drops against sentiment and breaking the chart. Beginner's should research how stop losses on a penny stock can kill momentum and actually turn their accounts red.

I like the fact that forward looking, 6 months +, we have no toxicity or debt, which will impede the SP advance. We don't have to worry about convertible dilution pushing us toward the quads. That should give short-term, and even day traders confidence that they can hold PDXP safely.

Consolidation looks to be over for a bit and we've gained a bit back on the three day downturn. We need that penny and the hold for 30 days before the QB. I expect some rocky roads and resistance getting there, but with the 5-6 PRs this CEO drops each month, it is quite possible.

Those 5-6 PRs are important because although we want organic growth and good technicals on the chart, we need the CEO to continue to communicate with SH. Nothing wreaks of share price death more than bad communication. Too many get impatient and move to the next ticker.

We're looking good so far in February and with continued progress can definitely get to the QB


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