posted
Friends, Ladies and Gentlemen, In the years of all my trading Stocks, I learned one thing: Never buy a OTCBB or PK stock when they come out with a great report, or come out with a great financial report, or come out with a new ORDER or Contract. WHY ??????? Because the croocked MM,s and naket short sellers are right there, and bring the pps down. Always wait until the next day or even longer to buy. Believe me, that is the truth 99% of the time. Yes, there are some exception, but not many. Just watch when companies come out with good news on the otcbb and pk exchange, and you will agree with me. Friends, this is stricktely IMO, but just want to let you know what I learned in all them years. Good luck to all !
quote:Originally posted by Prdponce: You forgot one thing... this is prime time for the compamy itself, to dump shares... to me that is what most of them do.. LOL
...Also, remember you can't have all the winners; that means be patient even if some spectacular news comes out about another stock. Also, a good entry point is key.
Understand individual stocks are literally given to for-profit companies. What I mean by that is that a company is handed the shares of a public company to do whatever it wants with those shares in order to "create a market" for those shares. Well these share handling companies make money from the markets of their shares, therefore, although they want you to buy them, they also want to keep an endless supply of their shares. So they prefer that you buy their shares high, and sell the shares back to them very low. Naturally, a stock's company in itself acts as the lure to buy the share handling companies’ shares, so the share handling companies wage their own evil (the literal word "evil" used here) campaigns to discredit the stock's company, to attack advocates of the stock's company, to setup the stock's company for failure by selling it bad financing, and to get you to buy higher than where you should.
The share handling companies can sell infinite shares of the kind of shares they handle using both legal and illegal shorting. When they want their shares back, they use the aforementioned evil methods to kill the market for those shares. They really don't care how long it will take as long as those shares get back to them. After all, they think the shares you own are theirs, and they want them back so they can use them to make money again. The market is their business, and they get money from "making the market." Demand vs supply really means little here.
Your job is therefore two-folds: 1) avoid being the payroll of the share handling companies, 2) avoid companies that are bad to their shareholders. Here is how to do both:
1) Rarely buy at the ask. Be on the bid, and try to get a low price. Never chase a runner on news that is not an instant multi-million dollar deal, that is not about solving a problem that is currently a top public priority, or that doesn't bring attention to an undervalued stock.
2) Make sure the company you are buying does not have a history of repetitive dilution and reverse splits, dilutes very little or buys back shares quarter over quarter, has a good cash balance, has a net income, has positive cash flow, and has low debt compared to overall assets:
...Also, remember you can't have all the winners; that means be patient even if some spectacular news comes out about another stock. Also, a good entry point is key.
Understand individual stocks are literally given to for-profit companies. What I mean by that is that a company is handed the shares of a public company to do whatever it wants with those shares in order to "create a market" for those shares. Well these share handling companies make money from the markets of their shares, therefore, although they want you to buy them, they also want to keep an endless supply of their shares. So they prefer that you buy their shares high, and sell the shares back to them very low. Naturally, a stock's company in itself acts as the lure to buy the share handling companies’ shares, so the share handling companies wage their own evil (the literal word "evil" used here) campaigns to discredit the stock's company, to attack advocates of the stock's company, to setup the stock's company for failure by selling it bad financing, and to get you to buy higher than where you should.
The share handling companies can sell infinite shares of the kind of shares they handle using both legal and illegal shorting. When they want their shares back, they use the aforementioned evil methods to kill the market for those shares. They really don't care how long it will take as long as those shares get back to them. After all, they think the shares you own are theirs, and they want them back so they can use them to make money again. The market is their business, and they get money from "making the market." Demand vs supply really means little here.
Your job is therefore two-folds: 1) avoid being the payroll of the share handling companies, 2) avoid companies that are bad to their shareholders. Here is how to do both:
1) Rarely buy at the ask. Be on the bid, and try to get a low price. Never chase a runner on news that is not an instant multi-million dollar deal, that is not about solving a problem that is currently a top public priority, or that doesn't bring attention to an undervalued stock.
2) Make sure the company you are buying does not have a history of repetitive dilution and reverse splits, dilutes very little or buys back shares quarter over quarter, has a good cash balance, has a net income, has positive cash flow, and has low debt compared to overall assets:
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