quote:Originally posted by Lindy: very last sale of the day... what do they know that I do not?
oh...I know "All we ever had to do is Launch" Thanks Whiz...had to borrow that one for a minute
Its because the orders are put in manually in pinks; unlike the big boys which go through electronicly. So sometimes the broker will put multiple orders in as one; lets say you buy 1mil and i buy 1mil, the broker may just but the buy in as 1 2million share buy.
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quote:Originally posted by compound cash: The Market Makers bought those big 9 million dollar chunks. They'll try to dump 'em soon. We should see this thing going up soon
Wrong; its funny how you guys think you know how the market works but the only research you've probably done is on this stock.. Read some market books; then give advice.
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posted
Ghosty...believe I read on an earlier post you've been in since early/mid last year...a month is as a thousand days...I understand..but your earlier stressing of the pps is not only stressing you, but any newbie...ulcers get you nowhere...
...your last post was very positive...Sam and Rod should acknowledge that...though St. Thomas and St. Croix do sound to be an excellent place to be...lol...
Everything is falling into place step by step...a bit at a time...do I wish it had busted out last month or earlier this month...of course...but Frank has spent alot more time working this out than we ever will...sure, he's hit a few bumps along the way...that's a given...but things are coming to fruition...we will reap the harvest...
Keep the faith...worrying...won't change the pps...enjoy the ride...
quote:Originally posted by compound cash: The Market Makers bought those big 9 million dollar chunks. They'll try to dump 'em soon. We should see this thing going up soon
Wrong; its funny how you guys think you know how the market works but the only research you've probably done is on this stock.. Read some market books; then give advice.
Well if it's wrong, give us the right or do you need to read up on the subject first?
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posted
Terry,,lots of work but change is nice,,10 hour meetings and party on the side. Yes you are right, there is no place like home. Damn pretty there,also chilly, 40 to 70 LOL. Hope all is well.
-------------------- don't sweat the small stuff.
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quote:Originally posted by compound cash: The Market Makers bought those big 9 million dollar chunks. They'll try to dump 'em soon. We should see this thing going up soon
Wrong; its funny how you guys think you know how the market works but the only research you've probably done is on this stock.. Read some market books; then give advice.
Well if it's wrong, give us the right or do you need to read up on the subject first?
I did; it's previous to the one you quoted. I would be happy to try and give advise but i always get called a basher when i talk about the stock... Some very good advice on this stock is not average down. Always use a stop limit. When you feel the down trend is done buy some more. Averaging down is the worst possible move in the stock market; but everyone here says buy more average down. I see people post their buys for .004 then a week later post buys for .0035. Then these same people have the nerve to give advice .
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posted
Terry you are right. Bumpy ride As Betty Davis said to Margo Channing in All About Eve, "Fasten your seat belts; it's going to be a bumpy ride."
-------------------- don't sweat the small stuff.
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posted
Not great...but I'm hangin'...left of center...lol...
...ya' just never know what life will hand you...just have to deal with it...like today...picked up another 634,332 shares...not planned...but I'm over 6 1/2 mil...so...K Frank...let it run...lol
posted
Theres nothing wrong with averaging down. It is just another strategy that is less risky than using stop limits. I made my purchase before the run to .0097 and could have increased the number of qbid shares in my portfolio if I had sold at the peak and bought now. Even if I had sold at .005 on the way down and bought back now I would have added a ton of shares. I didn't do so simply because I didn't want to miss the ride that I think we will eventually go on. This stock has a lot higher to go than just .028. I don't want to miss it.
That is how I justify people averaging down. They'd rather increase their portfolio now than risk missing the run with fewer shares. It's just another investing strategy. Don't worry about what people do with their money. Matt
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Clyde Crashcup
unregistered
posted
I don't like to average down unless I know for fact something is going to influence the next days pps. (that's far and few between) I don't like to tie up money. I've heard Jim Cramer often say never average down on his radio show. I think it's all in timing and a lot of luck if you choose to do so. I will admit - I've done it before to get out even.
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quote:Originally posted by permanentjaun: Theres nothing wrong with averaging down. It is just another strategy that is less risky than using stop limits. I made my purchase before the run to .0097 and could have increased the number of qbid shares in my portfolio if I had sold at the peak and bought now. Even if I had sold at .005 on the way down and bought back now I would have added a ton of shares. I didn't do so simply because I didn't want to miss the ride that I think we will eventually go on. This stock has a lot higher to go than just .028. I don't want to miss it.
That is how I justify people averaging down. They'd rather increase their portfolio now than risk missing the run with fewer shares. It's just another investing strategy. Don't worry about what people do with their money. Matt
There will always be time to get in. If you average down you are already in the red, then you dump more money in still leaving you in the red. So far small players have a few hundred(thousands lost for the big players) bucks lost with know real knowledge if the stock will go up. Now we all know how great a stop limit will work if it falls past your limit; but lets say your stop limit sells then it starts an uptrend. If you follow the market good, atleast daily, you could still get in at your stop limit(this is practised my lots of investors), if you missed that put what you sold back into for small loss in share count(not money). But if the stock is going up you are already in the green. Its not about being greedy, its about making money. Shares in large numbers are great only if the stock is going up.
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quote:Originally posted by Clyde Crashcup: I don't like to average down unless I know for fact something is going to influence the next days pps. (that's far and few between) I don't like to tie up money. I've heard Jim Cramer often say never average down on his radio show. I think it's all in timing and a lot of luck if you choose to do so. I will admit - I've done it before to get out even.
I have done it more times than i would like to share; but thats what made me relize i needed some knowledge. we all feel that this stock will go up but no one really knows if it will. Lessen your risk by being smart. Start with paper trading your stop limits untill you get comfy playing with real money.
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