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Author Topic: SSWC Volume alert
backes22
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Thanks for the update Phoenix! What do you think the stock will do today?
Posts: 9 | From: Ne | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
Phoenix
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I dont know, to be honest. This thing needs volume. It doesnt have a large OS (was 22 million last I checked), which should help it. They manipulate it whenever they can.
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Phoenix
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It needs volume, then it can break through .014 -- it's anyone's guess where it will end up after that. Last time I think it went to .018

My sell is set at .016 at the moment.
My re-buyin at .009 atm if it goes low.

<shrug>

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Phoenix
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Yes, I'm still in this if anyone was curious. 40k traded so far today, all on the ask. Dunno if it's all accumulation or what, but it looks like it anyway..
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Phoenix
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Well I tried to get out of this today...finally getting sick of this stock and MM manipulation. Dumped 5000 shares in a non-AON sell order, which knocked ETRD right off the bid altogether...figured it would happen, unfortunately. Now that the bid/ask has crapped under .01 again, not sure what I want to do at this point...sell and take the deeper loss, or hope this rides up again eventually. I dunno if I really want to try "buying in" at this point anymore...

Sickening that a 22 million share stock got little attention and could be manipulated so heavily, where pieces of crap on this board can shoot up every day. Unbelievable.

I did manage a little profit on it, but couldnt get out with my larger chunk of shares. Seems the MMs just dont like dealing with bug share lots.

Took some cash and bought ENT instead. Nasdaq stock that pays .12/month dividend, or $1.44/share a year. Not bad for a little over 8 bucks a share, eh?

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Phoenix
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In my last post, that should have been "large share lots" not "bug share lots". Brain fart I guess.

edit: so if some mod wants to edit it for me, and delete this post, that would be nice, since I cant anymore...

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Phoenix
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Well I grabbed 50k at .0079..probably crazy, but.. <shrugs>

Probably best under 0080 for an entry..ask upticked to make it .0077/.0083

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Phoenix
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Managed to sell that 50k at .0091 the other day so I'm happy.

They did dilute though. 9 million shares in the last 3 months. Check out the 10Q...says the OS is 31 million now.

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001072613%252D06%252D002339%252Etxt%26filepath%3D%255C2006%255C11%255C14%255 C&symbol=SSWC

Gonna try buying again, but this time lower, at .0075 (edit: or lower)..might be risky but <shrug>

Has a lot of support at 70

Someone knocked the 75 ask up to 80

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Phoenix
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quote:
Originally posted by Phoenix:
Managed to sell that 50k at .0091 the other day so I'm happy.

They did dilute though. 9 million shares in the last 3 months. Check out the 10Q...says the OS is 31 million now.

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001072613%252D06%252D002339%252Etxt%26filepath%3D%255C2006%255C11%255C14%255 C&symbol=SSWC

Gonna try buying again, but this time lower, at .0075 (edit: or lower)..might be risky but <shrug>

Has a lot of support at 70

Someone knocked the 75 ask up to 80

Grabbed some at .0074 yesterday.
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Phoenix
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quote:
Originally posted by Phoenix:
quote:
Originally posted by Phoenix:
Managed to sell that 50k at .0091 the other day so I'm happy.

They did dilute though. 9 million shares in the last 3 months. Check out the 10Q...says the OS is 31 million now.

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001072613%252D06%252D002339%252Etxt%26filepath%3D%255C2006%255C11%255C14%255 C&symbol=SSWC

Gonna try buying again, but this time lower, at .0075 (edit: or lower)..might be risky but <shrug>

Has a lot of support at 70

Someone knocked the 75 ask up to 80

Grabbed some at .0074 yesterday.
Weee, sold that 50k chunk just now at .0085...will look for re-entry lower..one of these days I'll be able to get rid of the rest I hope [Razz]
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Phoenix
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lol .01 by .01...arca on bid
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Phoenix
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.013 x .0135...amazing..
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bethbeth1
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sharkster.com Pump and Dump group is behind this. Please be careful.
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Phoenix
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Exited all my shares at .0149 earlier..very pleased [Smile]
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Phoenix
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Yes, people should be exercising caution if you bought this one today around .01

You're up 40% right now, and better be thinking of exiting to be safe!

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pepa z depa
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I am glad to have seen this thread, i almost forgot i own 200k of SSWC :-)
Sold them at 0.015 and will rebuy once its 0.008 again.

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Phoenix
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Tried to place an order for SSWC for when it comes down...Scottrade telling me I cant buy with an online order..anyone else see this?
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