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Last minute takes or takers. I think in absence of enough information and possible interest from members of this web, I am still inclined to take a move towards a purchase. This is the first one where I go to the tables and put the bet on "the field". Not really a good bet but what the hell 12 pays triple. 10,000 shares at $1 to $1.125 (discretion).
That right, with a 1.25 by 1.56 bid/ask and 15,600 volume (7800 trading hands), I think we may be able to push it to this level as a group, thereby making a slightly cheaper entry for all, if we hang together. And if we don't, well the ones chasing this at $ 1.25 to $ 1.50 may be able to get their orders filled at those levels while we pressure the stock down.
I have my own oppinion as to whether this thread can influence the price of a thinly traded stock. Now is the time for me to experiment.
Since I do not have all the information I would require, I am discounting my buy in price commisserate with the risk there may be in this company. I do not beleive this is market manipulation on my part but a hedge against uncertainty given the desire to invest in a "pick" that seems to have a decent track record.
Any opinions???? |
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