written by reader Vsbgf

By rlevine99, December 10, 2020

I know some of you have had this experience or else u wouldnt be here with Travis. Lets see if this resonates. I am checking my email and there are 2 separate investment groups pitching me on the 20 cents stock that will win the war against covid. I start watching the video and within 60 seconds i realize that they are talking about a stock i bought last week called visibility group-vsbgf – picked up a nice chunk at 19 cents the day before thanksgiving. Thing is-i didnt buy it as a Covid play, i bought it as an ai play as i had noticed that several of my AI stocks were percolating. It just turns out that this vsbgf may ACTUALLY be the best covid fighter out there. Along with being an extremely high-tech data gathering firm with what appears to be real patents and contracts. The stock hit 35 cents BEFORE i started seeing the investment emails and than i got my family and friends in at 35 on monday when it shot up to 59. Before any of them could thank me or call me genius VSBgf has now promptly slid back to around 40. My question to all of veteran irregulars is this?
How long will it be before Joe 401k and joey robinhood and johnny faangstock actually decode the ad or pay for the research?
A week, tomorrow, a month. Just trying to understand how to build my position or help some family that wanted in on the action.
Based on the last two i picked at this level -Exrof and racmf- im feeling pretty good about the short-term for vsbgf. Of course now that i have put myself out there it could explode in flames of failure but its 2020 so whats the worst that could happen?

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wendlefly
Irregular
December 10, 2020 3:41 am

Missed this by 1 day the run up from 0.16. I’m thinking around .32 or so. Problem with all stocks (penny) like these, if you don’t exercise discipline, you become a long term investor. More often, than not, that can be expensive. next couple of days will tell the tale for this stock, if it can keep uptrend. To me the most important thing is to not lose capital. That is always my #1 priority.

Once I can get my money out, things get easier for me.

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wendlefly
Irregular
December 13, 2020 5:21 pm

Hi, Yes it does sound like we are looking for the same thing, more or less. wendlefly@usa.com is my email. Yes this site is very helpful, it increased my understanding of SPACs which was a big plus. It’s nice to sift through the various newsletter and get an idea of what is what.

I use a program called Medved to sort through things I look for. Under a dollar volume with not alot of price movement. It would be nice if I could sort out what stock may, or may not run. No luck with that. I try to buy before the run up double and then see what happens.

What works ideally for me is sell half if it double. Sell half if it doubles again. Then forget about it. I found several of the weekend. Some have good stories some not so much. Email me and we can discuss it. I looked at spectra7. I did not see anything to compelling, but I may be missing something. Good luck!!

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bunion132
Irregular
December 13, 2020 10:31 pm

rlevine99, I shall attempt to answer the portion of your narrative which reads: “Just trying to understand how to build my position or help some family that wanted in on the action.”

I’m hardly a chart expert (and there are some on this site whose expertise would be appreciated) but will share my amateur observations:

1) This stock IPO’d in April 2019, collapsed in price much lower than the original close, but is finally back on track at around the price range when it IPO’d. Therefore, after 1 year & 8 months it’s starting over. With this kind of chart history, it’s hard to tell where the recommendations are coming from unless the newsletters or company itself are riding on the COVID bandwagon.

2) Assuming they’re right and foresee a bright future for using AI software in COVID tracking, an entry position at $0.50-ish would be too high. That’s the maximum price for the current range that the stock is in. I’m arriving at this max with the help of Bollinger Bands. (If you’re not familiar with this statistical tool, it’s that “bell curve” we learned in school tilted counterclockwise such that the bell is now sideways instead of face down.) The upper band is in the $0.50 range, so the risk of buying or holding at that price is at its highest right now.

3) An alternative would be to wait till price comes down to $0.40. That’s the double bottom reached on Dec 8th and 11th.

4) An even better entry point would probably be around $0.34 – $0.35. That’s the double bottom formed on Dec 7th and 9th. The chances of price bouncing back up from this level are better.

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wendlefly
Irregular
December 14, 2020 5:52 am

Can you insert images into comments? Wanted to put a chart in, but could not. The other thing I’ll look for is obviously what business it is in. That is a big on as well. I traded pretty actively around 10 years ago and stepped away from it for awhile. I had a watchlist of around 50 stocks. Anyhow, four of them went on for massive gains the others? Gone. No longer existed.

Now I did not do the legwork to figure out why they were gone ie buyouts name changes, but I would suspect most just went under. I keep that in the back of my mind when trading. It is good if you can extract your own capital, but making a profit is ideal, then letting them run. Not that I am having that issue ATM. I let the perfect be the enemy of the good and I try too hard to get the “perfect” entry, which has cost me dearly several times.

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wendlefly
Irregular
December 14, 2020 5:56 pm
Reply to  rlevine99

SFOR LOL yea it came up for me on my scans at .04. I went in a different direction with EPAZ. Sucks to be me LOL I’m watching it though. MY latest momo scans

RDAR, EMBI, VSYS, FLXT, PTN, BPSR, VTGN, SBFM, SYN, ITMSF, TKOI, RGRX, FPMI, NNBP, LFAP, RIHT, VSST

Got a small position in EMBI 10K @ .03. Notice Egaming is picking up Taste of CLIS @ 30K .019. See how it works. I really care more about the charts than the story Spectra7 has a great story, but the chart… blah to me no offense. The pop in November might generate some tax loss selling. I’m watching it. FLXT is another one I’m watching. May take a taste at the end of the year. email me.

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wendlefly
Irregular
December 14, 2020 6:40 pm
Reply to  rlevine99

Yes I place alot more on the charts because they are usually right IMHO. The story is great and all, but I am reminded of something Mike Tyson said back in the day. “We all have a plan until we get punched in the mouth”. Microcap investing to me is like that. You buy the story and the hype and if you are not careful, you get punched in the mouth believing everything that is said.

Nothing is free, but your mother’s love. I assume all these people want to rob me blind. I am very cynical in that regard. To me you have to be able to take the lose. To take the punch in the mouth when you are wrong. It hurts, but better than being a “long term investor” which in microcaps is usually not profitable.

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wendlefly
Irregular
December 18, 2020 2:29 pm
Reply to  rlevine99

Hi I think it is just a bad time to chase breakouts in micros ATM. Too much tax loss selling maybe? For whatever reason we may, may not want to speculate in this space, I think the one common point is we want to make money LOL. Instead of focusing on the “whys” of things, I would be more interested in exchanging things we see in tickers that may be helpful in the final goal. Making money.

SFOR EPAZ good example. Both similar I choose EPAZ for a better entry point and “fundamentals “lol I know”. SFOR took off, hit resistance and now is losing steam, were EPAZ did the same thing just quicker. Down a bit on EPAZ, but I’ll hold to see what the new year brings as it is hovering around it’s 50 EMA. With SFOR, if you chased it, well now you are a long term shareholder, which may not be bad, but it is alot better if it is house money.

Just want to be as constructive as possible to all. I really don’t see anything coming up worth mentioning. Everything I am in is doing pretty well. I think if we work together that would be most beneficial. I like poker alot, this is kinda the same. For every winner, there normally is a loser. I try not to be on the latter, just like everyone else 🙂