MY WINR STRATEGY: put in a limit order at the bid or just above. Sometimes the MM's let you buy at the bid to make it look people are selling.
If they want to give it to me, I'll take it.
I think all believers might consider doing the same thing. This may all be a game among the MM's to help some big boys take positions cheap. Can't prove it but would not surprise me.
This is also a stock that investors are largely ignoring which amazes me. Oh well...it's not the company's fault. I think the word "patience" really applies here and keeping your head. Sooner or later, good quality stocks reach the value they deserve and to me, this is a much safer bet than virtually all other stocks I have seen.
I have seen this before in FTRK, WLGS, SHAL, and many others. Accumulation and then a run-up. Not saying it will happen, but this is one of my favorite stocks on the BB, especially at these levels.
It's hard to buy when a stock is going down, but in this case that is exactly what I am doing, because if I liked this at $2.00 before the Q2 earnings report, I really love it now. When a good stock drops, it is sometimes a very good thing if you have cash to buy more.
Plus this is not a high volume sell-off at all, not really a sell-off at all in fact, so I see no reason to think there is any "bad news" out there. In fact, quite the opposite could be the case, and the MM's or some major players may want to accumulate at as low a level as possible.
We'll see. This is what makes the stock market such an interesting game and why you need to keep your head.
PS-- the MM's did not fill my order...surprise...lol! |
