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Bypass $500 'minimum marketable parcel'?

Discussion in 'Beginner's Lounge' started by TiminOz, Jan 11, 2019.

  1. greggles

    greggles I'll be back!

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    I just figured it out. You're talking about PO3 - Purifloh Limited. Am I right?
     
    Knobby22 likes this.
  2. TiminOz

    TiminOz

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    IMPORTANT: TIME-LIMIT....

    I should have mentioned there are scientific trials under way that, once released, are quite likely to push the price up...potentially substantially.

    They are due soon. Which makes acting soon probably advisable !
     
  3. tech/a

    tech/a No Ordinary Duck

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    My offer stands
    As a guarantee I will give Joe $250 as a potential profit so an increase of 50%
    If it’s stopped out I’ll gift the $250 to Joe
    Wear the $100 and grab a bourbon.

    If you decide to keep holding for your 20 X I’ll cash your profit after a max of a years holding and give it to you to trade with .

    Choice is yours I’m not going to jump through hoops to convince someone I don’t know to have access to $500 of mine at no risk and do all the work!

    As I can see your lacking in conviction and less than forth coming with your secret stock
    My offer expires in 7 days.

    Let me know and Joe can confirm I have given him the $$s and I’ll post a photo of the IB buy ticket.

    Best of luck whatever you do!
     
    barney likes this.
  4. tech/a

    tech/a No Ordinary Duck

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    If it is PO3 your way way late to the party.
    Current,y smacking at resistance.
    Could very easily plummet South!

    Very speculative.
    But if you want to buy $500 worth offer stands
     
  5. TiminOz

    TiminOz

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    Hey Tech!

    Just so you know: I've been keeping the stock to myself not for any nefarious reasons but because this is all totally new to me so I'm being cautious.
    I've assumed that if I told a whole heap of people it could potentially go viral, which would put the price up and make it more expensive for both me and more importantly, the very friend who gave me the tip.

    But now my friend has told me that that's unlikely and he has enough for now.

    So I'm happy to reveal what it is if you feel it wouldn't disadvantage anyone? Is there any reason I shouldn't?
    _________________

    I didn't really understand the first part of what you said (about Joe etc), but you're right: the bottom line is you'd be risking alot more than me and I could always invest myself directly later anyway.

    I seriously don't mean to look a gift-horse in the mouth and I hope you take what i've said also with the playful, explorative spirit in which much of it was intended! :)

    So with that in mind I'd love to take up your offer and, if you think it's responsible, reveal the stock.

    Frankly I'm dying to hear people's opinions and learn something anyway!
     
  6. TiminOz

    TiminOz

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    Oh I think I might have worked out what you meant:

    "As a guarantee I will give Joe $250 as a potential profit so an increase of 50%"
    = you will give $250 to Joe (who I assume is the board owner) as collateral against giving me the profit...which would cover a potential gain of half the stock's value. Yep! Got that!

    "If it’s stopped out I’ll gift the $250 to Joe, Wear the $100 and grab a bourbon."
    = if it drops below $100 (as you said), you will sell it and just let Joe keep that $250.
    Wow, that's incredibly generous ! And you guys must be good mates! :)

    "If you decide to keep holding for your 20 X I’ll cash your profit after a max of a years holding and give it to you to trade with ."
    = u only want to keep it for a year regardless. So after that if I want to hold out for even higher returns, you will give me the profit as cash and i can choose to trade with it?

    _____________________________
    Wow I think this is one of the coolest most interesting experiences I've had !

    This is a whole new world of very interesting people!

    Makes FB look like an insane asylum of 1850 !
     
  7. tech/a

    tech/a No Ordinary Duck

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    Fire away
     
  8. TiminOz

    TiminOz

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    Okay, given the human generosity of your offer, and everything else said on the board, I'm not going to 'hold you' to it Techy ! But here goes:
     
  9. TiminOz

    TiminOz

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    Greggles guessed correctly:

    P03....

    ....for a quite a few reasons.

    I can't remember every detail my friend said, but a few things in the rough that I remember (ready for me to research properly):

    * several billionaire investors have faith in it

    * research in India about to be released that might give it a big boost...in helping with TB for example

    * the thing above about the share divisions
    ~~~~~~~~~~~~~~~~~~~~~~
    My friend Just said:

    * "its standard to have some form of air purification in building and hospitals... PO3 works faster, kills more bacteria, is cheaper, more efficient, and produces and uses no harmful chemicals"

    * "Adra Rush is another billionaire, manfucaturer in Michigan, owns 600,000 shares... Bill Pahfet has big connections... also in Michigan.. Somnio developed the tech and somnio director is on the board of PO3... Somnio in Michigan, leading edge tech company..."

    I can look through his messages to bring forward more precisely why my friend thinks its good.
    ~~~~~~~~~~~~~~~~~~~~~~

    But the biggest thing prompting ME to look into it though is that he has been day trading for awhile now and this is the ONE stock he's put alot of money into to HOLD, based on looking at it in detail for weeks.

    So he just told me that, yes, lots of people think it might not have much more movement in it. Which is why its good to buy now if it DOES go up alot.

    _________________________________________
    I'd be fascinated to hear the opinion of more experienced people...including counter-opinions to the above!
     
  10. $20shoes

    $20shoes

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    Research can be relative. There would be some posters here who will have very thoroughly analysed the company, the sector and the broader market before commuting their hard earned dollars.

    Others, primarily strategy traders that rely on chart patterns/volume etc might only have a cursory knowledge of what it is a company does.They may be more interested in what volume and strength are telling them about a possible movement and will have an exit criteria established before they take a trade.
     
    TiminOz likes this.
  11. TiminOz

    TiminOz

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    What do you mean by "smacking at resistance" lol?
     
  12. TiminOz

    TiminOz

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    Interesting ! I think Im far more cut out for the former than the latter.
    Apparently Im good at maths but I don't really enjoy that kind of thinking.

    Im far better at thinking about products and innovation and I have quite strong predictive power with markets. I used to write ads for a living, FWIW.

    Now Im studying social work !

    (What a sucker, hey?!) :p
     
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  13. greggles

    greggles I'll be back!

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    I knew it.

    If you're interested in the views of others, have a look at the PO3 thread where you'll find out about the resistance tech/a mentioned and discover that the "independent" research that you are relying on isn't actually independent at all.
     
    TiminOz likes this.
  14. TiminOz

    TiminOz

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    Great stuff !

    I'm ALWAYS interested in a variety of views !
    Ego is the enemy mon frere !
    I try to be as openminded and assumption-smashing as i can be.
    In everything in life. It's served me well so far !

    Sidebar: before advertising i was a fulltime journalist for a major paper in Australia.
    It was my beloved vocation, in a time when journalism was actually capable of being such.
    So I've always regarded the search for 'truth' as almost sacred.
    (I know about the concept of 'everything is opinion' but I think that's over-reach)
     
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  15. tech/a

    tech/a No Ordinary Duck

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    I’ll post a chart and analysis as soon as I can

    So you want to buy Monday?
     
  16. TiminOz

    TiminOz

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    Just having a quick scan of those posts...what do people think of this 'wealth warning' re past consolidations which 'reduced massively the value of existing shareholders' holdings?

    Was that old management that has been replaced?

    Is it sometimes justified?

    Thoughts?

    (Don't answer if my question is of the sort that I should just google...)
     
  17. TiminOz

    TiminOz

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    Having just read about the consolidation etc, I feel cautious Techy....

    I don't want you to waste your doe!

    If this stock is a complete DOG as one person seems to be claiming, I'd feel bad if you did that brother !
     
  18. TiminOz

    TiminOz

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    Pls dont take that as prevarication...remember I said I was going to research it.

    What do you think about it as of TODAY Tech?
    Do you have time to give me some short hand key words i can google, while you are doing an analysis?

    That way I can learn !
     
  19. TiminOz

    TiminOz

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  20. tech/a

    tech/a No Ordinary Duck

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    I’m a chartist
    Everything other than the chart to me is chatter

    You tell me when to buy it
    If after that it drops $100 of the original $500 I’ll close it
    If it’s in profit you tell me when to sell it
    Or after 12 mths I’ll sell it and you get the profit

    My risk is $106 including brokerage
    I won’t lose sleep over it so let me know when you want to buy it

    Personally I think your feeling paralysis by analysis so I’ll post my chart
    AFTER you buy it!
     
  21. Cam019

    Cam019

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    Tech is 100% correct. You are way way late to the party. As it stands, PO3 is up 864% from its original breakout from $0.50.

    Let it be known, the following opinion is based on short term swing time frame (2 days to 2 weeks hold time). I don't consider fundamentals.

    OPINION: Short term, medium term, and long term trends are all up. Great. Price bumping into resistance between 5.10 - 5.38 currently and has recaptured and is holding above the 9EMA. Price action tightening right up here too, making for a nice R:R entry point. Volume looking good, expansion on up moves, decreasing on pullbacks.

    After seeing techs post I have decided not to disclose my entry and iSL prices (if I were to trade this stock) in case this inadvertently influences a decision.

    CHART:
    PO3.JPG
     
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