It only takes 5 minutes to become incredulous at some of the Howard/Susan/etc.. posts. For your entertainment:
HJ in May:
Well, I bought 6000 shares at $3.875 after combing the new highs for weeks in search of a nice little stock that could be a ten-bagger. Needless to say, I'm very happy even after I bought another 4000 shares at $6.375 three days ago.
Becomes:
I'd like to say I feel your pain, but I was long at $3, out at $7, shorting at $6 and covered at $3
Cyan is even more ridiculous:
A couple of weeks ago the view was:
You add it up and tell me this stock isn't going to triple to $21 in a year and probably be trading at $50-75 in two years.
Yet one month _before_ that was (a finale):
I knew Ron Scott before you knew what algae was, brother. I lived in
Hawaii for the last four years and went to every annual meeting they held, ate their Spirulina ice cream, and sat on the front row during meetings because I owned more shares than God.
When I sold out from 14-12 dollars a share, it was with the firm knowledge that $15 was not only the 52-week high for the stock but the absolute high for the stock. The market makers and I pumped CYAN with talk of mosquito cures and one billion Chinese downing spirulina daily.
You don't want the truth, you want a fairy tale that people like me are more than willing to spin for you until they find a way to get you to fork over all your money. There are 50 spirulina companies in the US chasing what is yesterday's news.
So go search elsewhere for your fortune. In my honest opinion, there are greener pastures to graze. The money has moved on and left you holding the bag. Get wise to the stock market before you lose it all.
Nothing we did was immoral, unethical, or illegal. There are thousands of us who buy up a company stock on the cheap and sell it to you for many times what we paid. I was averaged in at $2 and could have had the rest of the float bought at any time by several botique brokerage houses. That's how the game is run, friend.
The only way for small folks like you to survive in the microcap world is to cut your losses and let your profits run. DO NOT AVERAGE DOWN! There is no market for CYAN stock right now, and at $6 there never will be. Let the stock go back to $2 and you will see the same cycle repeat itself.
Hope you can take this lesson in the spirit in which it was given. About 1.6 million dollars ago, I learned the same lesson. Hope you catch on, too and eventually make some money in the market.
PS if you think this is my name, you are even stupider than I thought. I post under every name from A to Z.
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