posted
The worst experience this year was about 20 minutes of STTK, but I've tasted more blood than victories so this time I've just been holding instead of playing while this continues to sink from my buy in point.
RSHN has been better to me than any other stock so far, and I'm getting a stirrin' inside saying its about time to buy back in.
-------------------- Well done is better than well said. Ben Franklin Posts: 718 | From: Bay Area, CA | Registered: Aug 2005
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I did great with RSHN, sold when it was a penny, wish I would have bought more though. I've been playing IPRE, but need to teach myself the best times to flip. I'm not pushing them, but I think they're really going be hot over the next couple of weeks. At least there's day to day activity, unlike this stock.
Posts: 224 | From: Denver | Registered: Feb 2006
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I guess some would call an ASK price of .0095 a great deal. I don't know about this one, it could go even lower.
Posts: 224 | From: Denver | Registered: Feb 2006
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quote:Originally posted by kdb83182: Taking it down to run it? Or people just selling?
I am hoping that "it" will trigger some peoples radar with the low...and now they have the volume... The way that ARCA is jumpiong here and there tells me that it is probably more "dumping" of shares... time will tell...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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This can't be good. Part of me wants to put in a buy for .0085, but the other part of me says we're going lower.
Posts: 224 | From: Denver | Registered: Feb 2006
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just so you guys know, i sold half at .012 and then the rest at .0097 yesterday.. took a loss of about 25% after averages et all..
Posts: 330 | Registered: Feb 2005
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Rock, been there done that....Made all mine back in a weeks time playing something else. Posts: 224 | From: Denver | Registered: Feb 2006
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quote:Originally posted by RockLobster: just so you guys know, i sold half at .012 and then the rest at .0097 yesterday.. took a loss of about 25% after averages et all..
I'm down about half thanks to going long.
-------------------- Well done is better than well said. Ben Franklin Posts: 718 | From: Bay Area, CA | Registered: Aug 2005
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They're probably just shaking out the last of the weak traders before they drive this one to da moon! Posts: 224 | From: Denver | Registered: Feb 2006
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well if history repeats itself, and for me it usually does, you guys should be rich within 1 to 2 weeks now that i have sold..
Posts: 330 | Registered: Feb 2005
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I still believe in the MMs' ability to raise the pps to unload their inventory.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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I have a theory and J said that it sounds pretty close, if they are going to release 150000000 shares and the financials about the same time then they will have to drive the pps down to about .005 to .006 to prevent a panic or drop off to .0000. Then as the run (financials are released along with pr's) volume will take it up to the .0? range. If this is true then we will have to get out before the price settles back to the NEW .00?? range. Just a theory!
-------------------- Fear Profits a man nothing!! 13th warrior--- we make 13.5 Posts: 33 | From: Newport NC | Registered: Mar 2006
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quote:Originally posted by J&M: I have a theory and J said that it sounds pretty close, if they are going to release 150000000 shares and the financials about the same time then they will have to drive the pps down to about .005 to .006 to prevent a panic or drop off to .0000. Then as the run (financials are released along with pr's) volume will take it up to the .0? range. If this is true then we will have to get out before the price settles back to the NEW .00?? range. Just a theory!
Who is J? Also who is going to drive the price down? The MMs?
The way I read your theory is that the MMs know about 150 million shares and they are gonna drive the PPs down. That screams of big no-nos.
My theory is the MMs took advantage of the filing not being turned in on time (I know I did). So they let the PPS dive to scare people, which it looks like it worked. I know I have had an extremely tough time buying shares, even when buying at the ask. I have found it very easy to sell though at the bid (usually). This tells me more demand than supply. Who is demanding I don't know if it is the MMs or us.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
Great post, Squire. My theory is very simple -- MMs want more cheap shares now, and raise the pps later when all sellers are gone -- they win the game every time! This is a gamble.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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Hey M...(I am assuming that J is your wife?)...in anycase...IMHO...there has already been a few million shares "dumped"...they may add more at the time of the filing
Again...look at the filing from last year...it even states the price that the shares should be "sold" into the open market at...
I agree that because of the filing being late...people that were holding got scared and bailed...I also am not expecting the "filing" from the 15th, to do much of anything...look at the January filing...no run...it wasn't until about 2 weeks later that it "ran"(february 14-20th)...IMHO,This will run when the MM's decide to make it run...
I still hold some free shares...and I will wait it out...I just hate seeing the "free shares" dwindle...ARGHHH!!!!
GLTA!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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I'm with 10, I have nothing but free shares (actually more than I started with. But, I stil hate seeing the free shares PPS drop. Once the run happens, I will buy at the beginning of the run, then sell 1/3 at each of my 3 exit points (I think I revised it from 5 exit points I stated earlier in the thread).
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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Yes J is my wife and best friend but most important she is a shopper and does nothing but research when it comes to parting with cash! The MM's make money and represent the company so the most bang for the buck works. Unlike the small caps pps has very little to do with inate value but more on hype and volume. As for the Feb run the report was not out until 30 Jan so Feb was the time for the run. Mine is just one theory, I processor (MM) would not do well by the company to devalue there stock as it is bad for biz. Vanity is my favorite sin!! The company looks bad if the value of their stock drops! IMHO
-------------------- Fear Profits a man nothing!! 13th warrior--- we make 13.5 Posts: 33 | From: Newport NC | Registered: Mar 2006
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