quote:Originally posted by bfthunter: Alot of selling going on. Anyone have news?
How many times do I have to mention that the only way someone can sell is if someone else buys. Bid and Ask are mostly eye-candy; sometimes trades occur outside of them even. The only thing that really matters is the trading range and (more importantly) volume.
What you want is a supply/demand indicator. However, there is no indicator that shows buyer demand vs seller supply, and even if there was, it would not show what the speculative atmosphere is. The best one can do is predict the trader sentiments about a stock and see what the trade price trend is. The trend for this stock is sideways.
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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dont worry about what you bought at as long as you got the divy==if you didnt, then run naked screaming into the street
Posts: 224 | From: mass | Registered: May 2005
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okay ...something wrong here ....700 mln shares and yet they didn't buy my stocks ...the high was .0002 ...what the hell is going on in this stock
-------------------- Dreams are not goals if you don't take an action Posts: 454 | From: KSA | Registered: Apr 2005
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Let me guess Thorn,is it 2 letters that starts with an R and end with an S
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
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No. I was thinking of something starting with the letter "B" though it is really two words put together. Interestingly, it ends with a "y", and when you ignore the 8 letters inbetween, it says about the same thing: By(e).
So, YaYa, what would you call a stock that no one wants to buy?
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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After so many bad days, there must be a turnaround. Wonder how the CEO feels, with his lockups. The strategy of divvy's didn't work. Maybe a profit party tonight in the Hard Rock Cafe.
Posts: 425 | From: NL | Registered: Jun 2005
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Well, if you read the PR, you'll see that his vested interest represents a total of $609.30.
quote:The undersigned Michael Anthony, an individual resident in the state of Florida, is the record owner of 6,093,000,000 shares of Common Stock, $.0000001 par value per share...
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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Yeah, today the pressure was too high and many took there losses. A lot are disappointed and now new blood is coming in. I wish you goodluck bfthunter.
Posts: 425 | From: NL | Registered: Jun 2005
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listen you all know i ran this when it had worth,but once his true intentions were recognized,its a joke,its never gonna move that much MMs are just swapping shares and all that shorting is in itself the volume.with what supposed float is for unqt it should move alot more than this with this volume,its a dead horse take losses and find a better stock to invest in,sitting on this poopoo is a waist of time.and i have told you why i dont like it anymore.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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if you forgotten why,its because they issued all these shares in a divy,and wich as a start up company wouldnt you want to issue to raise capital to buy these properties instead,and start building equity,well dont take a genius to see where im going with this.good luck,
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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Well Capt, I'd agree with that, but there's no point in selling for next to nothing. At these levels, I can afford to just let this pos sit there.
Very discouraging. The only saving grace here is that the CEO locked up his shares, and is eating the same cow dung that we are. Hee hee. Serves him right too.
I'm holding, as I said. Even if it goes belly up, it's not that big of a deal anymore.
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
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I went in with money that I was willing to lose. I don't have any reason to panic and sell now that it has gone down. A fraction % of speculation money as a return is silly.
If you guys are using your mortgage money or something you need--well if you are not then that's so important in times like this. If it goes up, great; if it does not, no biggie.
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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now is not the time to sell and if you could you would be loosing out on any upside movement i personaly think this stock will move on some news which could happen anyday. remember how it ran last time fast and hard from sub pennies to a little over a penny. i get mad at this stock but if i could sell at .0002 were would i go with my $1400 most likly to some looser that would finish the rest of it off. i think right now it is sit tight for me glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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So am I. I resume: 1. Naked Shorts are out 2. Disappointers are out 3. Dumpers are out forgot someone?? I stay.
Posts: 425 | From: NL | Registered: Jun 2005
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-------------------- Never underestimate the power of stupid people in large groups. Posts: 222 | From: Southaven, Ms. | Registered: May 2005
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Bid and Ask are mostly eye-candy; sometimes trades occur outside of them even. The only thing that really matters is the trading range and (more importantly) volume.
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I wish you'all luck. Glenn
