InvestorsHub Logo
Followers 768
Posts 30205
Boards Moderated 7
Alias Born 09/12/2003

Re: frontloading post# 86272

Tuesday, 10/21/2014 9:30:07 AM

Tuesday, October 21, 2014 9:30:07 AM

Post# of 97087
I have been giving it thought. Wialan has indicated they would like new shareholders. Anything that brings in new traders will help bring change and take the control away from the current traders that are flipping the stock.

The current traders that are flipping WLAN appear to be getting their shares by convincing the current longs to sell. I hope that will stop.

A lot of traders who think of themselves as flippers often become longs. Flipping a stock is often harder than it looks.

When more traders come in it also closes the gap and stops the declining price. Our current gap is now over 50%.

A daytrader's goal is to drive the price.

The end result is always more shares being bought.

I will be watching the stock real close today. If we form a base @.002 then the answer will be no. If we don't get a base, the faster we find a base the easier and higher the rebound.

Even though I still have 3k set aside for Wialan in the trust I just transferred money to a discount broker so I can buy and have it show on L2. But there's a time lag in the use of that money. Trust accts are protected and don't show on reg L2 by default. I think I need a visual at this point.

Are you ready to fly high ?