To All:
What a week. I was home on Monday and Tuesday and watched the whole thing unfold. I watched with special interest as the news Tuesday caused more buying at and above the ASK while the Bid and ASK were downticked!! For others that could see, it was an unbelievably frustrating thing to behold. My take on it is as follows:
INFE has been held down for some time. An attempt was made right after the first of the year to "run" it. Buying was coming in and then all of a sudden the MMs put the hammer to it again...A "ghost 1+million shares crossed the screen, (several witnessed it), but never showed up on the trading logs...price dropped like a rock. A poster (Offie) last night posed a question regarding a similar episode that happened Friday and nobody responded back to him. Post # 3799. Wednesday-Friday I'm at work from 6 a.m. til 7 p.m. so I'm not able to watch things happen therefore I'm not able to offer him any assistance, but perhaps someone else?
What I think happened is that the MMs were caught off guard. Not by the news, but rather by the response. I don't think they envisioned the buying that INFE had coming in nor the share price to which it had rose. Seeing that they had shorted much lower, they grew concerned and decided to not let ot get any further out of control. Look at Lucky having to average up at least a couple of times. Even stated that she was getting out after reaching her "point". By her own admission she got "lucky" on this one. I also think momentum players also part of the makeup here and they just help fuel the confusion on buying and selling.
Now we also have new posters coming on board claiming that the price is way to high to justify the value, or more precisely, the lack of value thereof of the company. Horse crap! Nobody plays the BB arena looking for just fully reporting and compliant companies to invest money in. And then add the references to Hitler and the recommendation that "you should sell cause you've you made a profit" posts and it boils down to just another naysayer/shill/short/plant/etc.,.
Message 4742637
Message 4743139
Then we have a character who shows up every time anything negative is perceived. Now tell me, why would anyone hang out on a thread they are not invested in just to bash? They must not be able to win at anything in life, therefore, they feel it is their prerogative to try and hinder others as well. I have no problem addressing "negative" sounding questions, but, innuendo laced with remarks about Hitler are obviously another attempt to plant seeds of doubt.
I also got a kick from some who were watching the ticker waiting for the stock buy-back as if it was gonna happen in a single trade<g>. This could take several weeks people. Stop and thing about it. Do any of you wait and buy at the high?? Do you buy everything at once??
I don't know the value of the company therefore I'm not gonna tell anyone to hang on and don't sell. If you're not comfortable with your position, change it or get out. Make no excuses. I will, however, sit tight as I have for several months. After watching all the attempts by MMs and others to drag INFE down, I'm convinced that I've not seen it all yet. I will make my decisions as circumstances dictate...news, DD, etc.,.
One last thing. Responding to posters who ask negative questions in a civilized manner is great, but, once it starts turning sour, just agree with them.." yes you are right I'm a fool, I lost you win" and then ignore them. Their continued presence and the reciprocating responses from us gives them the credibility they need to continue...again JMHO.
Theo |
