accel,
thanks for your reply and I will speak for my own situation as my ride is temporarily broke because my original position is down by a substantial percentage currently. I would like to respond to your theory between a buyer and seller?
Please, speak for yourself. My ride is just fine! Concerning your question, I have no idea other than a buyer and a seller both made a trade. The buyer should be pretty happy about it at these prices,
1. It was sellers "selling those 9 million blocks, I have an open GTC order in at .0004 that has never been filled?
2. MM's have to buy when someone sells or we wouldn't have a market.
3. The buyer should be very happy when they can buy at .0004 and turn around and sell for a 100percent profit.
4. Who were these buyers?
IMO. Why do you choose the words "share dumping"? The way I understand how trading works it takes a buyer and a seller. So, why would you not as easily ask "why the collecting?" Just wondering...
1. the reason I used the term Share Dumping is because the average retail shore holder could not buy at the price they were being sold? Or even for .0005 we had to pay much more.
2. There were way too many multiple p million shares sales to be of normal selling practice and seems to indicate some kind of dilution?
Perhaps, you should consider a different stock if you feel this one is broke. When I am long on a stock I choose not to get too nervous over day-to-day volatility or other uncertainties that go along with this game. Take for instance, the influence MMs have. I mean really, if we made decisions based on how the MMs were making the market or stock value appear then they would be the only ones making money. I'm sure they wouldn't mind but, that just doesn't work with my plan.
1, No I have a position that is in the red and may add to it if I can find reason to believe that it would be profitable to do so?
2. Under normal circumstances I would agree with you but when a stock suddenly trades over 400 million shares in a one day trading session it sends out the alarms?
My advice... Do your own DD. If you like it enough to stick with it through difficult times, then buy it, stick it out and keep a positive attitude. All of these stocks go through ups and downs. If you research and decide you don't like it, then go find something else. Life is to short to waste time on a stock you don't have confidence in.
1. I thought these boards was a public forum where stock investors could exchange ideas and with those ideas continue to do more DD?
2. Keeping a positive attitude is a good plan in life? In fact I have found that to be Truly successful one must be able to keep their enthusiasm after each failure they experience in life.
Take care - accel
thank you,
best regards |
