Just goes to show...you don't want to hold this stock too long if you have a large position.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
This sin't over, yet, foot. The worm will turn, sometime it takes him awhile though. Patience !
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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This hasn't even started yet! Meant sell into the run if you have a big position. If you hold out to sell at the peak you will likely end with a partial fill and have to come down to settle the rest of your position.
I can be fickle sometimes will...but I wouldn't switch my thoughts about a stock THAT quickly! LOL
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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Equivelent of tossing peanuts at an elephant. Sure...he'll eat em up, but it isn't going to affect his appetite when it gets to meal time.
:)BF
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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Number of shares of Class A Common Stock, no par value, outstanding as of May 11, 2006: 18,459,530.
Even if they have diluted it somehow to bloatthe reported May 11 O/S 3 times, you still only have 55M O/S, and I doubt that it has been diluted. I see 0 evidence of dilution. This pure and simple manipulation.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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The more I look at this will, the more I like this. Missed a great opportunity last week to load the boat at .009, but will be watching for an entry point this week- but plan on getting in. If the MMs f-with this anything like they did with IGAI, the wait will be excrutiating, and it's entirely possible that you might get in lower than .009. Keep in mind, the MMS accumulated IGAI BIG starting in March from .017 and beat it down for months, all the way down to .0035 and then BOOOM!
What a wait, but OHHHHHH the potential reward!
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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Since July 20th every time the MacD touches it's 9 day EMA (the red line) there is a jump in pps and RSI (and in the MacD itself). Each time this has happened the jump has lessened in intensity until the last break (when many of us bought in)it barely made a mark on the chart.
We might make one more teeny blip but I tend to think this is either leading to a long slow sustained rise or else a breakout of an even larger proportion than anything previously seen.
(The third option is a break of the trend resulting in a drop below .007. I don't think this could realistically happen without major manipulation due to the structure of this stock).
This week should be very enlightening.
Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
I'm getting a little reamed here...bought in too high and with too much money (broke 2 of my rules) and now payin' for it.
Posts: 287 | Registered: Jul 2005
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With only 181K volume, this certainly isn't dilution, pure manipulation. If it falls through the .0075 100 day support I see it as a buying opportunity.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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Yeah...they certainly seem quick to bring it back up as well as down...nervous Nellies killing the bid though.
Posts: 287 | Registered: Jul 2005
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Now we look for the bounce. Good time to get in IMO.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
This is not a stategy I recommend to people as it is a big risk to your capital, but I just doubled down here. Big risk based on the gut.
The Foot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Wait for meal time jag...it'll be worth it.
Did we end at .008 or did the MM's paint the tape at .085 for EOD? I'm getting conflicting info and wasn't watching.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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Patience. I'm stil betting on the low O/S, and no dilution ocurring. Time will tell, boys.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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They made us wait all day but a nice close at .009. Good sign!
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Danny...I could be wrong but I don't think ANYONE is going to have luck at .0075 for a while now.
Da Foot
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-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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Nah, MM's took it down a couple days ago. This is a signal, nothing more. They won't let a big position go through at those levels unless a trader bails. It'll be above .009 by EOD.
I do so enjoy a good 80 cent trade now and then. LOL
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
A signal for what, though? I used to believe in them, but not anymore. I do believe in manipulation -- and daytraders making small buys and sells because people believe them (the signals) -- but not MM signals. Why would they need to..? Especially when other MMs are a cell-phone speed dial away..
Just my opinions..
Posts: 287 | Registered: Jul 2005
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posted
A cell call for one or two....a signal for hundreds....
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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posted
Hundreds of what? There arent that many on the active bid/ask at any given time for any given penny/pink.
I mean, if you want to stop or start a run, all ya really need is the ones with the power to do so, namely UBSS, ARCA, and NITE.
Posts: 287 | Registered: Jul 2005
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102? Think the signal is holders want this to be in the 10-12 range today. Phoenix I agree with you in a sense, but I think too many people just want a nice bargain and want to get on this train before it moves. Hope you're right Bigfoot, hope this is one of your good calls.
Posts: 147 | From: NY | Registered: Aug 2006
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