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Author Topic: SLXI up 25%!
InForTheKill
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Here comes the series of news items we've been waiting for. Easily will triple from here.
Posts: 32 | From: Denver, CO | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
midwest_trader
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This will get forced up to $.18 by end of the day. $20,000 in bid support and nice even 10,000 blocks of buying. I am not going to sell until $.40.
Posts: 46 | From: Chicago | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
JL
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Pink Sheet. Eom
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bdgee
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My buy order is above the sales and has gone ignored for at least an hour and a half. I have to be away from the machine for a time and I hate to leave it open without me here. We'll see????
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
midwest_trader
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I think the market makers are short the stock. The difference between the bid/ask is getting larger...was $.005. They want to stop the buying and hope it fizzles out. But the company has a few more press releases to put out this week. What will happen is buying will occur at the ask and push the price up. One of the market makers will break ranks and jump the bid...then what will ensue is a short squeeze...which will make the stock rise super fast. QOIL did the exact same things before its big run.

This being a pinksheet means nothing. Major companies are still quoted on the pinksheets such as NESTLE.

Typically it is best to keep an order in and see what happens. I assume your order is at $.14? not sure if that will fill, but $.145 or $.15 could. Though, I am sure mention of the company will be done by otcpicks at their noon report as well as tradersnation. So, might be a good idea to do something before their daily wires go out.

Just my opinion.

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4Art
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Posts: 3243 | From: California | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
midwest_trader
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Ever see this company?
ANTY $316,000 BID _ $365,000 ASK ...and its a 125 year old pinksheet stock.

Regardless if SLXI has fundamentals (which it does), you have to be an idiot not to realize they are cranking up the PR machine which will double this stock. Seriously, how long do you hold penny stocks for anyway?

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InForTheKill
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http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cmt%5C2005%5C09%5C13%5C70288333.html%26clientid%3D168%26provider%3DM2_COMMUNICATIONS&symbol=SLXI

More exposure...

Posts: 32 | From: Denver, CO | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
   

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