This stock is going to do nothing except go up...if you are scared then get out but if you have the big Kahunas and dont be intimidated you will be rewarded..Here is a letter that a guy on RB is putting out nightly and he also posts to RB. If you want on his mailing list email dvmogulman@aol.com and put email in the subject field. This is kind of long but he knows what he is talking about:
April 20:
Shopping List: Hydrogen peroxide, band aids, gauze, Neosporin, butterfly
bandages, and . . . umm . . . uhhhhh . . . oh yeah, and sun tan oil! ;)
Well, I guess we learned our lesson! No more *CHEERS*!!! I think that they
caught us a bit hungover today! Tell the truth . . . how many of you
experienced dulled senses today? In other words, how many of you sold? I
certainly cannot blame you . . . and here is why . . . (reprint):
OK, greetings from the trenches. Today is a lesson in BS! We are swamped,
so this will be short and sweet. Look at the volume . . . compare it to the
up volume. Does this look correct? THE MM ARE $#@% YOU! Here is how they
do it. Actually, this is one of many ways . . .
We see all buys on the ask . . . the ask drops (that is wrong). We know that
they are about to shake. They keep dropping the ask. As a few sellers come
in, they remove the bids. The public sees this and some people panic. They
put in market orders to sell . . . or EVEN WORSE, they put in STOP LOSS
orders! The MM on OTC have no care for your limit orders or for your market
orders. The love your stop loss orders. When you market order to sell, they
don't fill you . . . you get scared . . . you try to sell again . . . they
get your shares even cheaper. Next . . . limit orders, forget it . . . they
won't fill for the most part, while walking down . . . you get frustrated,
you go market . . . see above! :)
The worst . . . STOP LOSS . . . they see a bunch of stop loss orders at,
let's say, 15 cents . . . they walk it to 15, your orders go market sell . .
.they pick them up at 12 or so. ANY OF THE ABOVE WAYS, WE GET SCREWED!
The solution, when nothing about the company has changed . . . when the buys
lead to lower prices . . . HOLD YOUR KAHUNAS! I know that it is painful . .
. I lost 120k$ in about 30 minutes today . . . you think that wasn't
stressful? That is why we always say . . . YOU MUST HAVE DISCIPLINE . . .
YOU MUST NOT TRADE WITH EMOTIONS!
That is all for now.
*Inserted Comment on a Walkdown* The MM can often be found walking down a
stock like this after a recent run. They know that the stock is poised to
run, and that they are about to be "SHORT" outta' luck! :)
What this shake allows them to do: They can buy shares at a SUPER low price
. . . instead of making their money on the spread, they can make money on BIG
GAPS! Then, they will simply let the stock go back to where it was . . .
back to ground zero . . . but now they have millions of shares . . . that
they bought from you . . . to sell at a premium! Fun game, huh? ;)
OK, if you reflect on today's posts at RB, then you will see that we called
this irreversible shake at the exact point of its initialization. Here is
something to think about . . . I, personally, held 1M shares at that time . .
. I obviously saw the coming drop in price. I could have easily sold with
the push of a few buttons. I did not sell, as did none of my group sell. We
watched it go down all the way . . . and many of us bought more. Today, I,
personally, lost (from high to low) over 100K$!!!!!!! If you think that it
was easy to sit there and watch that happen, then you are sadly mistaken. We
gave you our word that we would not sell . . . at least not without first
telling you of our intentions. We stand by that. So, following this
rationale . . . you can see why we could not blame you for selling, but you
can certainly understand our disappointment in those who chose who jump ship.
:(
The MM beat us today. Although I have said that we (collectively) most
likely hold a large portion of the public float, we saw today that the
s#$%bag MM are in control of this thing. This brings me to my first point.
MM (Market Makers) are average Joes, just like you and like me. In fact,
many of them are, in my opinion, beneath us! The reason that I believe this
is because they are willing to screw decent people (as explained above). MM
are real people, and like real people, they have distinct personality traits.
After doing a little research with some friends who . . . well, let's just
say that they deal with these pond scum on a daily basis . . . we discovered
that the MM who are working on PABN have a stigma for being not so good (THIS
LAST STATEMENT IS PURE OPINION). It has been relayed to us that we can
expect similar "games" from these MM in the future . . . until PABN has
established itself . . . or until they have their hands slapped. Believe me,
we would love to do more than slap their hands! However, this is what I
spoke of earlier today at RB. We cannot change the MM . . . I mean, we can
hold all we want, but they still will pass cards under the table. We need
support from our BIG GUYS . . . we need aerial support! We believe that we
are kicking a$$ (this time I did intend for the dollar sign pun, hehe) in the
trenches! Now, we must get PABN itself going in full gear. Ah ha! Better
transition today! ;)
PABN getting behind us: We are, as always, in contact with the company.
This is merely our opinion about this situation: PABN has some wonderful
people working for them. These people are working around the clock to help
insure PABN's success.
The ball predicted PR. Oops! Hehe. We will Windex it again tonight! :)
Why was the ball wrong? Here is a thought: The recent gains for PABN, as
wonderful as they seem, have actually attracted some negative attention.
This negative attention comes in the forms of daytraders and pikers. These
individuals are BAD for good stocks! (OK OK OK, I do it, too!!! Hehe) This
is what happens . . . daytraders come into a stock, using unusually large
buying power . . . they buy LARGE lots of a stock, looking for a quick run.
Once having achieved the quick run (and since a daytrader's number one rule
is SELL before the close . . . NO MATTER WHAT) these people will dump their
large lots. In fact, they compound the problem by not having any KAHUNAS . .
. if the stock drops much from their buy price, then they DUMP anyway, at a
loss!!! (we do not do this, hehe . . . we are smarter than the average bear
in his daytrading cubicle . . . we like to think!) This makes the true
market in the stock to become a sideshow . . . a freakshow. Perhaps
continued PR would have been wasted . . . lost in a daytrader buying and
selling frenzy. When the dust settled . . . maybe we would have been back to
square one. So, where does this leave us? This leaves us with a basically
flat day, with volume slowing around the 13 cent mark. A prudent CEO *MIGHT*
be thinking that after such wonderful gains (PEOPLE, WE HAVE GONE FROM 1.1
CENTS TO OVER 22 CENTS IN A LITTLE OVER A WEEK! KEEP THIS IN MIND!!!!!
HEHE) that his stock should settle a little. Then, once the dust has
cleared, and the men have been separated from the boys . . . PERHAPS we will
get the call to pull back while the big guys drop their bombs! This is just
a thought!
Ahhhh . . . that pretty much does it for today's activity . . . but speaking
of help from the "SKY" . . . MY NAME IS SKITRADE! NOT SKYTRADE! LOL.
People who ask SKY to send them mail will not get any! Hehe.
Oh, I almost forgot to address the other level of scum that I said I would!
Today, in the trenches at RB (raging bull: www.ragingbull.com) we saw the
return of MANY bashers. Many of them attacked your faithful glue-man,
SKITRADE! If you would like a quick laugh, then go read posts at about 11:00
to maybe 2:00 (If you have any questions about SKITRADE, then there is good
chance that the posts around 1:30 will answer them . . . credibility, etc).
We had an open forum during which bashers could challenge me, my actions, my
intentions, and my beliefs about PABN. The results of what I like to refer
to as "The Exercise in Futility" are as follows: 1 basher decided to "tell
the truth" and declare his allegiance to PABN as a dedicated long (he was
just joking around as a basher! HAHA, yeah right!) . . . 1 basher left all
together . . . and 1 basher was exposed as a fraud!
Current Scores: PABN LONGS=3, MM=1 . . . SKITRADE=3, bashers=0
;)
In related stock news . . . the best little daytrade in Texas (or in any
other state for that matter!), SCF (mentioned yesterday) ran about 5 points
today before pulling back. (STILL LONG THIS ONE)
DDEQ: Who the hell knows! We think that they sent their PR in the same
envelope as PABN! Lol. We are still waiting!
ININ: You can't keep a good MONSTER down! However, if the MONSTER decides
to put on his Nikes and take a little run, then we won't be afraid to sell a
little! :)
PNET and RNET (they both sound and look the same! Hell, I'm still getting
them confused in my portfolio! Hehe): Both are LONGS . . . that's all we
have to say about them. :)
Hmmmm . . . I guess that this is enough for today. Let me close up with a
few comments that will hopefully seal up some loose ends. When I stated
earlier that I "HELD" 1 M shares, I said that because I SOLD OTHER stocks in
order to free up money to purchase an additional 100,000 shares near the
close at .129.
Finally, I DID say that the shopping list includes SUN TAN OIL!!! Even Bill
Black has expressed interest in joining what will now be known as "THE
WORLD'S RICHEST DOLLAR PARTY!"
;)
Your humble servants,
SKITRADE
SKITRADE IS NOT AN INVESTMENT ADVISOR
SKITRADE IS NOT A LICENSED STOCKBROKER
SKITRADE IS NOT A BROKER DEALER
SKITRADE IS NOT BEING COMPENSATED BY ANY ENTITIES FOR ANY PURPOSE WHATSOEVER.
SKITRADE HAS PLACED HIS OWN MONEY "AT RISK" IN THE AFOREMENTIONED SECURITIES
AND DOES NOT WARRANT ANY INFORMATION WHICH IS CONTAINED IN THIS EMAIL.
SKITRADE ENCOURAGES ALL TO DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY
STOCK. ALL INFORMATION HAS BEEN OBTAINED FROM PUBLICLY AVAILABLE INFORMATION.
THIS IS NOT A SOLICITATION TO BUY OR SELL SECURITIES.
PLEASE DO YOUR OWN DUE DILIGENCE ON ANY STOCK WHICH YOU PURCHASE
PLEASE CONTACT A LICENSED STOCK BROKER BEFORE YOU PURCHASE A STOCK WHICH MAY
BE RISKY. |
