Selling and Buying
or
Seafood
I am sure everybody has seen goldfish come to a food bottle waved over the water.
That describes today's trading.
If you actually bought this stock and are holding long for something to happen, I think you will be holding in vain. These types of prices for a company that is essentially a pile of paperwork are absolutely wonderful, sell now while you have the opportunity, sell while someone stills think this hype might go.
The planned promotion is dying on the vine, not for lack of trying. Again, todays action was just that, a wave. Very little or no little buyers to be had. A good percentage of trades were meaningless. The people who set up this little push are much richer, they took your dollars didn't they.
If you are holding this stock waiting, I believe your waiting in vain, you have already paid the piper. Sell while the decision is made to continue the hype or not. As soon as the floor goes on this thing, you will never recoup your losses.
I might add that a complaint to the SEC is always in order, this huckster promotion is very clever and ruthless, look at what they have done previously, look at this round, the paid hypesters, the mergers, the pile of hype spewed out on this thread recently, all over SI actually.
Incredible and incredibly useless. Sell, while you can. Complain. Remember. |
