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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » HMIT.. Big mover.. Real bouncer (Page 6)

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Author Topic: HMIT.. Big mover.. Real bouncer
dtrader
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jon clogger

So you think this will bounce? I hoe so I am down big time. as of eod I am -6,129.38 -82.59 %.

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jon clogger
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dtrader, if these guys have even an ounce of compassion they'll throw us a bone- one last pump PR, and I plan on getting out with that.
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jon clogger
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BTW dtrader, you haven't lost the most money on this- [Smile]
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LuckyStockMan
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where did you buy in at dtrader? I got in at the beginning of today at .10 thinking it was gonna bounce finally. Still holding.
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lostone
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a coupla of vets have given us the subtle warnings already.. Jim & Tman.. i think i'm gonna try to rid myself of that 3k shares tomorrow.. and don't look back

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lostone

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jon clogger
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I know, I'm always a little humiliated when those guys post on the thread how the CEO was in prison for 50 years for fraud and just got out a month ago when the stock went up.

And all this info on a simple google search... results on the first page.

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dtrader
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I haven't lost yet but I have a feeling I will in the end. I am new to this and it shows. I bought in at .30 5000 shares and like a dumb ass didn't sell when it hit .72 I thought it would hit 1.00, when it went below .30 I continued to buy to average down, because I still thought it would go to a buck. Now here I am at a huge loss when I should of sold at .70 for a 2000 profit on 1500 investment. I guess I learned an expensive lesson. I think I will stick with large caps that are actual companies. and hold them for a 10-12 % gain. Much safer bet
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jon clogger
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HMIT stands for, "Had My Investment Taken"
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lostone
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ya know if this wasn't being diluted, the chart looks really good [Wink]

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lostone

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jon clogger
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We were looking at dynamite, not candlesticks.

Is there a name for the 20-day "bend over" average?

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T e x
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Must confess: am mystified here...

Gawd knows nobody wants salt "rubbed in"...

So I hope nobody takes this as "told you so"...

But, I really do have to wonder:

What did you think we were discussing here?

http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/2/ t/014204.html#000000

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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jon clogger
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Tex, besides adult ADD, I also suffer from a disease known as "headamus in the rectumus".

I honestly thought this would bounce a little. I've seen some bad plays, but not as bad as this.

Lesson learned, if there's no support tomorrow morning at .04, I'm out.

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T e x
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quote:
Originally posted by jon clogger:
Tex, besides adult ADD, I also suffer from a disease known as "headamus in the rectumus".

I honestly thought this would bounce a little. I've seen some bad plays, but not as bad as this.

Lesson learned, if there's no support tomorrow morning at .04, I'm out.

understand that, I do.

I guess what I'm asking, *what* indicated a bounce? Seriously...am not trying to "bust" anyone, which I trust you know. Lottsa stuff I don't understand...Shoot, I played WFTV when Nemo was pumping... comprende?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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jon clogger
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The little voice inside of me indicated it would bounce.

I was planning on dumping this somewhere between now and the next PR in 30 days, hoping there would be a little momentum in the anticipation of a buyout. That's all I had in my bag of tricks.

I suppose my thought process is what was in everyone elses' bag of tricks.

Fool me once, it's your fault, twice...you know the rest.

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T e x
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damn...

didn't bother you that it was being promo'ed?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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jon clogger
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It was being promo'ed? LOL

I PM'd you

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T e x
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lol..

you replied, on-thread, as i recall

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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dtrader
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Down it goes some more. This looks like it will be sub penny today. What a POS!!
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LuckyStockMan
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so is this ust going to level out now or drop some more
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jon clogger
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I think it's one of two things: Either folks who have been killed on this are averaging down, so there seems to be bottom support, or this POS is worth hanging on to at .04 for the next PR.
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dtrader
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I am still hanging and hoping for something to happen. I lost so much now there is no reason for me to sell. Whats another 1200 bucks
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thefenway
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This thing reminds me of HISC.. My other stock that killed me..
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dtrader
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I think they are holding the price down. I see 200000 share blocks being bought and it doesnt move the pps, when it was in the .50 -.72 any small buy would move the price. I don't know if I should cost average down some more or if that is a waste? What to do. I don't want to give them any more of my money though
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jon clogger
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I wouldn't average down simply because this looks like it could get even more ugly. Price may have leveled because the greedy insiders who shorted this have to cover millions of shares.
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jon clogger
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I'm out, these guys are worse than crooks.
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jon clogger
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Some fat finger just paid .32 a share, that just made my day. Good for you whoever sold.
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lostone
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prolly just an MM fat finger.. man.. i still didn't rid of those 3000 shares.. if i wait much longer, commission is gonna cost more than the value

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lostone

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lostone
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anyone got in LOD? that would have been a good bounce... i guess you can still make money on this one

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lostone

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juice
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wow company obviously diluting the crap out of this id stay the hell away could hit 00 land easy. i remember a few days ago seeing this at .50 or something. what a killer!! GL if your in hope it turns aroudn for you guys
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Verdict
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Wow, I read from the first to last post in this thread thinking, maybe I shouldn't mess with the market. I know i'll be very fast to sell a stock once I see it going just a lighty bit down. And i'm never putting anymore then 500-1000 in a certain stock, that's my limit no matter what about to explode or blow or how much its going to go up.

I'm really sorry about you guy's losses on this stock, hopefully it turns around.

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thefenway
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wow a new low at .019 this thing is like bottemless pit...
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PCola77
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Jesus. Now down to .018. Good thing I didn't try to play a bounce yesterday at .04 like I was considering.
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thefenway
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I was too... THANK GOD I DIDNT gonna leave this one ALONE
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hedfe
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.2 to .02 in three days [Big Grin]
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.022
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