is investing - trying to not be a proletariat.
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I called Ike and left a message, I reached his voice mail (obviously a busy man :) )
Nope.
Nor have we been told where to find the classified newspaper ads that were supposed to have run over the memorial day weekend.
Agree, if we hold .0145 than a support will save us, if we fall below that, imo it becomes the new resistance until something of a meaty pr comes out.
Can all of you stop trying to rationalize what has gone down over the last month?
Truth of the matter is that this stock, as it stands is not worth it's current pps, no revenue (that we know of in terms of value) reported (like the amount of companies still on board .. etc) makes valuing this nearly impossible.
So who wants to sit and wait till 2Q financial? Which at best are three or more months away.
I lost money on this, I'm being realistic - I'm not a pro, but I'll watch for a lower entry if this seems to shape up... but anymore I am very very very skeptical that this will do anything in the short term. Almost 50% value drop in less than a week.. lmao
GLTA!
.015 is not a support...
if we break .0145 phew - good luck to you all. watch for a falling knife!
ya good job...
/looks around.
wait... what?
ya ok with all of your 5 goig posts.
.0165-.016 don't be surprised, its where we are going, with a chance of closing out back at .019 - congrats on all your lost $$$.
.016 will be tested - and if we fall through .0145... look out below big time.
Boom, nailed it!
.017 here we come! hellcatjr 6/1/2010 10:52:47 AM
And?
Only paying customers can post messages...
.017 here we come!
What?
That's a pretty stupid generalization... so what if there were 'many' search engines... how many Go800s are there?
...logic on here seems to be out the window O_o
So i just go800'd chase and it still works...
wonder if they are on board.
im out, im gonna let this settle lower.
Right on, I encourage anyone with the brains and time to leave the proletariat class - I know I don't wanna work the rest of my life and end up a baby boomer. Gotta pluck the oyster now while I'm still alive and kicking.
Long here as well, but im certainly not holding as much as you folks, i'd love to have half of that... im no baller ;) im twentyfour trying to make my own way, god willing.
I'm not trying to be a jerk or anything, but ive been a part of the monetary crowd for a while now. It has consumed me and I have read many sources such as Tragedy & Hope - Web of Debt - Creature from Jekyll Island and etc, I've fought successfully against credit card debt (pro se, representing my own behalf vs capital one) and there are many things that I have learned about this subject.
Alot of people call gold and silver real money because it is made of the rare metal but we can see that during roman times, metal currencies STILL FAILED. It doesn't matter if it is paper dollars or cat turds - as long as the masses of individual trading it believes that the currency will retain its purchasing power in the relative future, the currency can work.
Secondly, the largest problem with our current banking system is that the money is finite in supply, we are using a FRACTIONAL RESERVE SYSTEM which is known better as the mandrake mechanism, many who're 'into' the gold is money mantra know that the problem lies in the leverage our banks use, or in other words far less money is in circulation than what's actually owed back to the central banks / federal reserve.
In simpler terms - if our society had ZERO debt, we would have ZERO dollars in circulation. The dollar is more or less a paper receipt of DEBT and not an actual product of VALUE.
Please learn to understand this or our economic servitude will only get worse here in the states. What i say is the utter truth and all of this can be verified if one so chooses to look.
Silver and Golds application in the industrial / digital age far exceeds its uses in previous times which is a good indicator of why its value is so hotly debated.
Furthermore, compounding our inherent (flaw) of the system - interest bearing loans will always outpace the initial principal leaving the individual/nation indebted to a point where recovery is impossible (just look at the current economic system, this is the problem.)
If I loaned you 100 us dollars and said you have to pay me 100 dollars and 10% interest and I am the sole creator of those dollars... where will you get the other 10% from? The truth is, you can't, you can only hope to continue rolling over the debt to finance the debt. Again - in the end, this system leads to default.
Usury is destroying our nation, and Christianity has always been against it, even monarchs of the old world claimed only to mint the coin of the realm. The us did this by making the congress in control of that, but the (un)Federal Reserve has usurped this power and now the hopeless masses are enslaved to the debt beast
Anyhow - I have always been a believer and holder of gold and silver (no forex, fail to delivers will be the norm here soon).
Sorry for the long meanderings, but I am so sick of the disinformation, I could vomit.
Gold is an expensive source of money and if we use interest for our loans, the banker will ALWAYS have the gold in the end.
Anyhow, go go CNEX... GLTA!
Ok, well the guy said he is NEW and he checks Ihub forums for PPS updates - so can you all stop justifying your stances because I really don't care, thanks.
And a 200% gain is not really that impressive considering some stocks can have a .001 tick upwards and it shows as a 20% gain. I got in on cnex @ .0013 - check the price now - what does that gain reflect when it's at .007~ - nuff said.
GLTA hope we see some updates from sgcp sometime soon.
imo - .02 is firm support - .019/018 is a shakeup so hold tight if it happens, or give support by buying in.
I'm not gonna lie - I got in at this range. So I've been breaking even and then going below - then breaking even, etc. I bought once in at .0175 range but when it took off i added to it at .024 range.
Haven't done that since... and I've still wanted to add more - but currently i am exploring alternative plays because i've already lost cash here, no sense in chasing bad money with good.
Long story short - it is looking like we will close ~.025 today. L2 is looking pretty decent.
sure this downward movements not dilution for operation costs? We are living in hard times, so financing against assets / securities is another way to get the capital needed to continue business when new investors are lacking...
any savy in here care to pm me a few details about finding dilution? I understand if the float trades higher than the o/s then that is considered company selling / dilution... right? correct me if im wrong.
I'm sure your 'strategy' has been very profitable thus far, yes?
then get out cause you're gonna get killed.
I never understood why people would even bother investing if you couldn't ATLEAST see the L2.
some1 fill me up~
edit*.nvm ty!
Well you're wrong, I work in Toledo Ohio - and the big investors down here (in building real estate so we are talking millions, not chump change) read the Toledo Blade - imo WSJ = for the masses.
TBH im so sick of the mm's i could vomit - I hate them. They have been suppressing so much crap in pinkie land (as usual obviously) but its extra frustrating because capital is so limited as is - they just drain it right back out of the system.
F&*kin @ssh0les.
man let go of the youtube sh!t. Youtube has to be searched, the only people finding it on youtube are investors who're holding the stock.
jesus ffs.
A day trader is not just an individual who flips a stock for a quick profit, what a misconception.
A real TRADER is merely looking to increase his position in the company by following the cyclical trends. On a peak if you had 35,000 shares @ .002 ($70) - and by using what you learn about a co, rotating out at lets say you get out at the previous mentioned number and re-enter back at lets say .0015 - you could increase your position by roughly 5,000 shares.
Just don't catch a bag of knives... do your dd, keep an open mind - never fall in love with a stock. Evaluate the risk and consider the concept that you could end up chasing the stock and have less than what you started with...
but as with all investing... this is true for anything.
agreed. i may have to have a smoke, this is getting to f'ckin intense. I want a run!
hopes just another four letter word.
nvm someone answered
/snore...
profit taking goin on big time and we need support after that huge move.
<--- long who got in at .0015 range so ... ha-cha-cha-cha-cha!
its simple, think of the L2 as a tug of war
as new investors come in to trade cash for stock or old investors sell stock to leave - the price goes up and down - this is reflected by the bid and ask.
you can get a general idea of how high a stock can go and how much resistance it has above and how much support it has below.
this is far more accurate imo then using a chart because you see demand as it is now, and not where it was.
anyhow... that should clear it up for ya