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LOL! I am going to circle awhile longer myself. The trick is to make sure it's dead but, get in and get yours before the hyenas show up. Hahahaha.
Guarantee you this. The flock of vultures now circling this dead dog is increasing by the minute. Any sign of a true reversal and bounce and there will be peeps on this like stink on sh*%!!!
Same chit, different day. Tickle the ask a bit then dump on the bid. Same strategy the MM's have been running on this stock for 2 weeks. Obviously there is a method to the madness. As long as the volume holds, SEEK is in play and could move on some "actual" news. Time to see the wolf though. The fluffy PR's of late have generated no new interest.
3 to 1 Sells vs Buys.
I have stated before that regardless of the obvious red flags with this stocks past, I have been impressed with it's ability to hold the volume for this long. The MM's hijacked this thing about a week ago and when they are done with it I fear the volume will dry up and it will go back into "hiding" until the next go round. GLTU.
No problem. If you want to see the classic P&D at work, go over to the PTOG board. Huge run up at opening then when the frontloaders (all the cheerleaders posting the same unsubstanciated PR's)sell, it comes to a screeching halt with those that bought into the hype toward the high point standing there saying "what happened". If they are smart and get their sells in now and happen to be lucky enough to get a bounce, they might get out with something.
So the deal is gonna be funded by a $50 dollar bill, "barrels" of new stock, and promises of rivers of oil? LOL. Just wondering.
The only peeps that are gonna miss out are the one's who bought after the pumped spike and will have to dump for a loss or hold the bags until the next pump to try and get out even. If you are one of those then I suggest you go back on the old posts during the run up and look at the names of the cheerleaders making the outrageous claims of "penny land" and discount them on the next play. They are not hard to find here at IHUB. Just look on the top 10 boards and the names are pretty much the same. If you bought cheap and missed out on profit then you have little time left to do so.
More frosting with no cake. Volume will decline daily as the death spiral back to trips begins.
Because the MM's are not quite done ringing every nickel out of it they can. When they are, they'll throw it away like yesterdays newspaper. Without something besides fluff pr's and paid pumps this will start the typical pinky death spiral of low/no volume and ever decreasing pps. I think this SG's last chance to provide something other than a vision. You can be partnered and JV'd with anya nd everything but, until it turns into cash in the coffers it don't mean doodly squat.
To quote a phrase: "People want to see the wolf this time".
Volume is gonna be down the crapper today. Bad sign. Tomorrow being Friday, could see a significant sell off.
LOL! And you know there is a container ship full of shares parked outside. 150+ mil traded every day for the last 10 days and it's sitting at .001? Oh yeah, it's "churning". LMAO!!!
GO brutha. I been here, did this before. Hoping for the best for you longs and hope you get your big pop and make a ton but, the MM's own this stock and will give it back, if and when they are done with it.
NITE's pockets are quite a bit deeper than 4 milly, I am sorry to say. Maybe you didn't hear but, NITE hired Ben Bernanke to print SEEK shares. LMFAO!!!!
SEEK DD says this stock does a past of disappointment in the promise department and bringing the walk in line with the talk but.......I have hung around enough out and out P&D's and don't recall any of them able to sustain the enormous volume that this donkey has for the last 10 days. I cleaned a little house yesterday. Hopefully this thing will show it's stripes before those funds clear.
Same sh*t, different day. Tickle the ask and then drop a big nasty deuce on the bid.
NITE must have contracted Bernanke to print shares of SEEK. I don't have any proof but, it's just hard to get a grasp on the entire float rolling over.
"Churning" I'm told. As much as this has churned since the big jump, I would have thought we would have had butter by now.
The only thing that keeps me hanging around SEEK and considering getting back in is the VOLUME. I'll give it that much. 100+ million, day after day for 2 weeks now. That's pretty impressive. Still on the fence though. I'll be a believer when it stops having to re-chew this 11 to 15 range every other day. I won't chase if it goes fast but I also won't have a fat bag of SEEK to peddle if it turns out to be another stinky pinky.
LOL! Need to pay for that 22k promotion.
If you are going to spend a lot of time and money trading OTC and other stinky pinkies you find out about from newsletters and other similar resources, I suggest you brush up on the following:
http://www.extraordinaryinvestor.com/penny-stock-scam.html
I understand "Promoting" to get the word out but, my question is where does it originate and who's money is paying for it? SEEK? That's 1.5 to 2 billion shares worth of advertising.
BILLIONS of SEEK shares have been bought in the 11 to 15 range in the last 2 weeks. I don't think Joe flipper accounts for all these shares. Do you really think these are new players or people adding to their position and holding? If so, where does the endless supply come from?
LOL! Yes, when NITE drops off the face of the earth.
Nice dumpage on the 9's. 8's next????
I did one trip on this stock last week from .0011 to .0016. Been hanging around to see what happens. I have read a ton of posts, both new and old, and this cool post from another board sums it up for me.
"Thinking people have grown tired of the cry wolf routine ....they want to see the wolf!"
Does that about make the case for those that are not keen on SEEK?
I believe he was responding to a question posted by me. Do you have a reply to my original question? Have you personally ever shorted a penny stock? If so, what is required of your account to do so.
How many of us actually "short" these penny plays. I for one, can't. I enjoy the ever present banter about "Shorty gonna burn when he has to cover". I know it happens but have not heard of too many instances when short interests got burned for a ton on these death spiraling P&D's. Don't know, just asking. More seasoned traders have an opinion you can share with me??
Almost 2.5 BILLION traded in the last 10 days. And there are peeps that say none of those are new shares??? LMFAO.
LOL!! I have plenty of bags that would have made me a ton if i would have shorted at .0002 instead of bought at .0001 before they went no bid.
Whoa!!! That was quite a purge.
LOL. Played a few of those dogs myself.
Have some bags to prove it.
Careful about bagging on predictions. You have quite a few from last week that are "still in the works". Hahahaha.
Last trip was 11 to 16. Trying for the same here. With a philosiphy of:
Stick with my account value increasing, not marry with companies and stocks. Use less money (less risk) to make big percent profits. Time to B&S is the key. Chart is a tool. Always bottom fish. Flowing money to make money. Taking profits always right.
Why would you be bashing me? Yes I copied that from your profile.
You cheerleaders need to get this thing to 16 so I can get out again.
Sure thing Warren.
Trading the same....Board posts the same....SEEK is just like RA*S was after it's pumped spike. LOL!
A milly in buys and 22 mil sells? Maybe it will trigger a run on being oversold but otherwise, well........
When you see a PR that does not include this, then you can start counting your riches:
This press release may contain projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such projections or statement reflect the company's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that such projections will be achieved and that actual results could differ materially from those projected. Important factors that could cause actual results to differ from those projected are decreases in oil and gas prices or decreases in oil and gas production. The company's actual results could differ materially from those discussed herein. Forward-looking statements are subject to risks and uncertainties, including, but not limited to, government regulation, taxation, spending, competition, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements.
The low teens have been bought out 4 or 5 times in the last week. It won't help unless you are actively trading this stock. "Longs" (Dreamers) spend a lot of time bashing those darn flippers that keep their lotto play from becoming the rags to riches story they desperately want it to be. This is just not reality. Investing in a OTC stock is the same as "investing" in the multi-state Powerball. Those who make money here are the ones who trade for a modest gain on an active stock and then move on. Grabbing a few milly on a trip 0 hoping for a huge reward should be an occasional guilty pleasure.