I said time and again the reason for the falling stock price here is that they are diluting. Not to mention that it's summer, so there is less volume in the market overall. When that happens, and a company is diluting, there are not as many people buying to absorb the dilution, so the price plummets as a result.
That said, bid is at .0021. This has been real POS. My apologies if you are bagholding, but all were warned that they were diluting in my very first post on JUNI...
Posts: 2741 | From: Seattle | Registered: Feb 2005
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Not a problem .This was not one of my picks ... So I bought only two very small amounts and only after price was falling .
This was an iffy one to me ... Very small money here .Like I said .... I can let this cook awhile ,
Posts: 388 | From: redlands | Registered: Jul 2006
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And yes .... if I saw your posting that info on this one I would have known not to buy at this time . Untill I felt dillution was over .
Some are probably watching this for what they see as the bottom . What do you think ?
Posts: 388 | From: redlands | Registered: Jul 2006
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Feel free to let me know when you think that is ... And I will be ready for my out and posible re-entry .
I noticed NFI { a riet I have been watching } just had a 1 for 4 R/S . Man did it ever skyrocket down in price .
May be under priced now . I think they were just trying to keep the price above 5 bucks to remain a reit . If that is the case it could be interesting to pick some up . Take a look .
Posts: 388 | From: redlands | Registered: Jul 2006
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Fortunately I did manage to get enough to be worthwhile, but who in the hell sells 106 shares of a penny? This was an 18c trade. I've got a few stocks I hold silly small quantities in I can't sell because they won't even cover my fee. I think I need to learn where that darn AON box is.
-------------------- My opinion is only that. Posts: 384 | From: Colorado | Registered: Oct 2006
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Keeping an eye on this, volume has been OK, but the pps has seemed to stabilize, with a little uptick today, might be a good play for a few $$. Any thoughts guys?
-------------------- Damn, this is hard...but it's worth the challenge $$$$$ Posts: 113 | Registered: Aug 2007
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you decide to stick your head around here subpenny, and give an opinion on JUNI.. why dont you give us some input that matters. whats JUNI gonna do. any opinions? COLA.. just noticed your post..you seem to be the go-to guy here.. I'm really interested.. what indicators are you looking at on the charts? why dont you tell us where this is going..
quote:Originally posted by PCola77: Boom what? Excited by $150 in volume? Wow, you must be rich now...