quote:Originally posted by PCola77: Wow, I'm absolutely floored by how many of you sold.
This still has a ton of upside. I'm holding on. Should still close positive or close to it for the day.
Good luck to you all and hopefully you'll make as much with your other trades as I do with PAIV form here on out.
Yeah same kinda thought here, why would they sell with the upside still with this stock , the only person that I understand taking profits is Tonic, cuz knowing that he does has lot of shares he needs to sell in partial but why would moslty everybody here sell. Oh well
-------------------- Da Fareak Posts: 438 | From: San Francisco | Registered: Apr 2006
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anyone else think that tonic selling appx 6 million shares helped pressure the stock downward... and normal buying pressure will resume tomorrow?
Posts: 135 | From: Northern New Jersey | Registered: May 2006
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Well I think that people were waiting for something bigger than what happened in the afternoon and they got discouraged and got out.
Posts: 819 | Registered: Apr 2006
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Yikes. People need to realize that this stock is up 3300% in the last couple of weeks, and certainly some people will sell to take their profits, but the longer term outlook for this is unbelievable.
quote:Originally posted by R.A.: Well I think that people were waiting for something bigger than what happened in the afternoon and they got discouraged and got out.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Agree Cola. I think everyone got spoiled over the last couple of weeks with the run and are expecting it everyday.
Posts: 81 | From: TX | Registered: May 2006
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Yeah you might be right PCola77... but you know... I kinda panicked a little and I got in at 0.226... which might not be the case of some other people on this board... so I took a loss... maybe it was a mistake... but I'll keep an eye on it.
Posts: 819 | Registered: Apr 2006
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I took a small loss also. You think you would learn not to chase these things, but you get caught up in the momentum and next thing you know you're buying!
Posts: 256 | Registered: Oct 2005
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Hi, need to take some profit. I tried not to put too much downward pressure on price. But I do believe it will continue to go up. Again I ONLY sold like 1.5million shares.
That is nowhwere near what MM need to cover.
Again the entire float traded hands today AGAIn.
So you can bet Its gong to go up more. I still stand with my $1 to $2 range.
Also, my technique to minimize risk is
As soon as I can I sell to cover my initial investment.
uaually at 100 to 200% gain.
Than let the rest ride.
For Paiv I know they had to cover the shares so I did not sell too much cause I realized that the entire vol does not match up to the may 18 to 19 volume plus the fact that the o/s is ONLY 27mill.
So it was pretty obvious.
Posts: 1227 | Registered: Feb 2006
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quote:Originally posted by therustytrombone: anyone else think that tonic selling appx 6 million shares helped pressure the stock downward... and normal buying pressure will resume tomorrow?
Those were my thoughts exactly when he said that he sold 300,000 worth of stocks today. I'm not sweating it, hey Tonic do us a favor and dont sell any shares tomorrow for the love of god will ya
-------------------- Da Fareak Posts: 438 | From: San Francisco | Registered: Apr 2006
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sold some today didn't want to but finally took some profit ( enough to pay off my house and own it free and clear, thank you PAIV )still have restricted and unrestricted shares because this ride isn't over!!!!
Today alot of people took profit,and MM's shook weak hands if you bought above .20 I wouldn't worry looks good to me for next week.IMO
Posts: 230 | From: florida | Registered: Feb 2006
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well I am holding my little bitty shareof PAIV, hoping it will close to atleast a buck
Posts: 93 | From: Dallas | Registered: May 2006
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I need a vacation after watching this stock all day... my blood pressure rises when the stock runs up and rises even more when it starts tanking (thanks, tonic.. haha j/k) ... I still see a good amount of upside so I'm holding!!
Posts: 135 | From: Northern New Jersey | Registered: May 2006
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tonicma, what do you see with PAIM? ran pretty hard today, might dip tomorrow considering the run today?
Posts: 1088 | From: Dallas, Texas | Registered: Feb 2006
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quote:Originally posted by tonicma: freddy you got it. I am not sellig tomorrow or next week.
I got enought profit already so no worried.
I'm not a greedy person but non the less I want to make MM suffer for what they did.
Yeah yeah lets all gather round and hold r shares tightly and lets those damm MM's have at least one 1 stock for all the times they have screwed us bad in 1 or many stock we all have been. No worries Tonic, damm I just noticed PAIM went up 266 % you lucky dog how do you do it????
-------------------- Da Fareak Posts: 438 | From: San Francisco | Registered: Apr 2006
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Whats the concesus for why PAIV dropped so hard today? My guess is that it was from the publicity that drew in more daytraders than normal. The news came around 10something from marketwire and so everyone jumped in and took profit and or freaked and sold out creating some negative momentum. Have to be honest, I came back to my computer after spending time with the Girlfreind and rushed a discision and sold at .174 grrr but I did hold on my original buy at .029 I can't complain but if I had more than 3 months of investment experince (not much in the penny stuff.. which I really am getting drawn into)also needing to keep money so I can pay for college, I prolly wouldn't have sold out. poop on me it's gonna bust out tommarrow and I'll have to buy back in higher:( I really do believe in PAIV, I feel like I committed adultury with PAIV Let me know what your thoghts are. Hey Tonic, you wouldn't want to be my mentor would you?
-------------------- learnin as I go. Posts: 582 | From: Iowa, Michigan, North Carolina, Israel | Registered: Jul 2006
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My guess is prfit taking, then panic selling.
People like me (an many others) that are holding from many hundreds of % gains are willing to ride out the lumps. Some people who bought in in the last day or two got scared and took small profits or small losses. Others saw that and they panicked and sold, not wanting to lose more. I must admit, I had sell orders set up 3 different times today and never pulled the trigger. I am confident we'll see much higher than today's .285 high in the near future.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Im confident as well. It was just profits taking days mostly and some scared sellers. But oh well I still seem an upside to this stock. Some I'm ok with this, bring an early oportunity for buyers to get in tomorrow.
-------------------- Da Fareak Posts: 438 | From: San Francisco | Registered: Apr 2006
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quote:Originally posted by freddy79: Im confident as well. It was just profits taking days mostly and some scared sellers. But oh well I still seem an upside to this stock. Some I'm ok with this, bring an early oportunity for buyers to get in tomorrow.
Man I can't spell for ****-e
-------------------- Da Fareak Posts: 438 | From: San Francisco | Registered: Apr 2006
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quote:Originally posted by tonicma: freddy79, same as you get some hints, do some dd
I Have said several times before the run on PAIM that it is NSS very similar to PAIV.
Lookst like it will come true, lets see what 4 week brings.
To think people say the summer is the worst time to invest.
Who ever said that must be kicking themselfs.
Good idea of putting some money into PAIM, but at the moment since im so poor I have all my hard earn money into PAIV, so once I sell my shares of PAIV either be Monday or Tuesday next or maybe never my measely 8k shares. I will put some money into PAIM , hope by the time I do decide to invest in it still can run a few more laps.
Yeah just read some pages back , might be the same situation with PAIM as you said too Tonic. GLTA that is in at the moment in PAIV and PAIM
-------------------- Da Fareak Posts: 438 | From: San Francisco | Registered: Apr 2006
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Tonicma my man... where do you get all your info... you impress me!
You seem so in control of your picks... how do you proceed to make your picks? What system do you use?
Posts: 819 | Registered: Apr 2006
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