I'm starting to wonder... I guess it's too late to sell at .0006 and buy back at .0005, huh? Should I bump it up to .0007 and buy at .0006?
This is what makes me nervous about riding the bumps... I'm worried that if I sell and take a profit, the price will be up when I try to buy back in, so I won't be able to get back in for a profit anymore.
I'm sure my thinking is off on this... that's a newbie brain for ya. Am I wrong?
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
posted
I remember when Odysee put out there shipwreck news on a Saturday, and it gapped 4 bucks on that Monday! That was a peanuts news in comparison to what SVXP has coming!
-------------------- Nothing moves a sub like news!!!
IP: Logged |
posted
Can you tell the trend by the size of the spread? Seems like if there's a really big spread, that must mean that the MMs are trying to slow down people selling and if the spread is small, they're trying to encourage buying. Is this accurate? (I'm trying to figure out how to know when I should sell shares in an uptrend so I can be ready to buy when it bounces back down)
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
posted
rickpick- stop pumping this pig so, you can sucker people into buying so you can sell. Everyone out there, rickpick is a big fraud that's only interested in himself and coulnd'nt gige a f--k if you lose your shirt or not. That is a fact.......
IP: Logged |
quote:Originally posted by Golf57: rickpick- stop pumping this pig so, you can sucker people into buying so you can sell. Everyone out there, rickpick is a big fraud that's only interested in himself and coulnd'nt gige a f--k if you lose your shirt or not. That is a fact.......
quote:Originally posted by Golf57: rickpick- stop pumping this pig so, you can sucker people into buying so you can sell. Everyone out there, rickpick is a big fraud that's only interested in himself and coulnd'nt gige a f--k if you lose your shirt or not. That is a fact.......
Of course someone that owns as much of this stock as rickpic says he does is going to pump the stock. I'm sure he will sell when the right profit comes in for him and with him having that much stock it will probably affect the price.
That's the game we are all trying to play, buy low and sell high. If you get burnt on a deal you get burnt it's the risk we are all taking.
He may be scamming he might be legit, but unless you have proof that he is scamming, I think it's pretty rude of you to post stuff like that with nothing backing it up.
From what I've read so far of rickpic's posts he seems to be pretty helpful. Can the same be said for you? Let's see your proof that he's scamming.
IP: Logged |
quote:Originally posted by Golf57: rickpick- stop pumping this pig so, you can sucker people into buying so you can sell. Everyone out there, rickpick is a big fraud that's only interested in himself and coulnd'nt gige a f--k if you lose your shirt or not. That is a fact.......
word!
Tell me about it! He was pumping that roast beef the other day, and I haven't been right since!!
-------------------- I just want to make enough money to be eccentric.
IP: Logged |
posted
Short term, if we get news anytime soon, specifically detailing the value of the current shipwrecks, I think we'll lose a zero, possibly two, from the immediate right of the decimal point. I am expecting news soon, based on the recent name change; I believe they have had news but were waiting for the change before releasing it.
Long term, I expect a R/S to get the PPS into more 'legitimate' territory.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
IP: Logged |
posted
I have another 30 hours into DDing this company this weekend and I have been able to cross check much of the information I have gathered from the various shipwreck treasure forums around the world. As I have said before I will let the company do there own PR, but in the mean time I'm not sitting idealy by holding a huge investment without knowledge. I've been investing for many years in this market and there is nothing more valuable than the upper hand on the rest of the market. Information is what gives me the upper hand and I know how to dig it up! I was able to invest early in this stock and buy it lower than most due to my ability to do DD in places that others didn't think to look. I put out feelers and got responces from many who know a whole lot more about shipwrecks, and who is salvaging them than I do. I must say that the people that have responded to my requests for info are some of the most prominent in this field. I am not only greatfull for there help and information, I am also honored in some cases to just be communicating with them.
To those who dought what I post. I say don't buy and stay away.
I have already posted enough info for the underlying facts that are about to come out in PR's to be found by anyone who is willing to go research the info as I have.
The sails are up and the wind is coming!
Rick
-------------------- Nothing moves a sub like news!!!
IP: Logged |
posted
Well, I for one am very excited about where this is going. Rick, do you think that I have time to sell shares and rebuy them? I'm worried that I'll sell my shares to take my 20% and then, just when I try to buy more shares, the pr will hit and I'll be left with nothing. I guess a better question to ask is... when companies come out with strong PR like what we're expecting, do they usually do so at either the beginning or end of the day/week/month? What I'm thinking is if there is no PR at the opening bell tomorrow, that I can try to sell and buy... but that I should let the morning go buy, just in case the pr hits.
Do you ever worry that you'll sell everything to take your profit and then, when you want to jump back in, that you won't be able to? Is that a legitimate concern or do I worry too much about nothing?
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
quote:Originally posted by WarpedMind: Well, I for one am very excited about where this is going. Rick, do you think that I have time to sell shares and rebuy them? I'm worried that I'll sell my shares to take my 20% and then, just when I try to buy more shares, the pr will hit and I'll be left with nothing. I guess a better question to ask is... when companies come out with strong PR like what we're expecting, do they usually do so at either the beginning or end of the day/week/month? What I'm thinking is if there is no PR at the opening bell tomorrow, that I can try to sell and buy... but that I should let the morning go buy, just in case the pr hits.
Do you ever worry that you'll sell everything to take your profit and then, when you want to jump back in, that you won't be able to? Is that a legitimate concern or do I worry too much about nothing?
Ok, my opinion on this for what it is worth
NEVER be upset about taking a profit. Making 20% and missing the "big run" is a whole lot better than sitting too long. If nothing else, try to get to "free" shares by selling enough to break even and then ensuring a net gain while still leaving some opportunity. I have held many for the big run and sometimes you hit it and you are king of the world. But nothing is worse than holding for it and watching some solid gains slip also. Just go with your gut and make sure you have done the dd, or at least followed up on the dd you see from others. IMHO
-------------------- I just want to make enough money to be eccentric.
IP: Logged |
posted
Play your risk, Warped. If you feel uncomfortable about staying in past 20% profit, SELL! Don't waste time thinking about it. There are one of three possible outcomes to that decision:
1) Stock does nothing. If you held you could still sell (if there is volume) or could end up holding it not able to sell it.
2) Stock goes down. If you held you will be losing money, and hoping that you can salvage what you did invest.
3) Stock goes up. If you sold, buy back in (assuming you think it will continue up). Be careful when buying back in, because often you will buy at the peak instead and then lose money.
Worst case scenario: the stock goes up and you are out of it, and can't get back in at a good price. Realize you are 1) up 20% and 2) can find another stock to make money on.
Hope that helps.
-------------------- May your trading build your character as well as your portfolio.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
Did I do that?![[Eek!]](eek.gif)
![[Razz]](tongue.gif)
