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All of the new guys, welcome to the bagholder side of the street! LMAO. Now your buddies who were rooting this down along with you are rooting for more. Be careful what you wish for. Obviously, those who got in much lower than this have no faith in a bunch of bidsitters and are exiting. I'll hold what I have and add more at .03. Come on 3's! Let's scare out some of these new guys and really make some bank here! It's a lost cause for you bottom feeders. Go find some trip zeros near no bid to make some pathetic plays.
All Bidsitters are weaklings, just as bad as the Bidslappers who run when it turns red. Don't fool yourselves. The MMs just create some shares to fill them and then get them back when they lower the ASK, and that translates into a lower price for the guy who is sitting behind them. If you go to the emergency room, you don't deliberately ASK for a transfusion from the coughing bum out by the loading dock. They should just go away and maybe we can trade flat a while. The guys we want will show up when the next news comes out and the E drops...traders with a taste for more than pennies. Until then, these Bottomfeeders are just a self-fulfilling prophecy and we WILL drop more.
Who is it that holds those 7 million shares of the float again, that takes the freely traded shares down to 21.5 million? Thought I read that here, early last week.
I'm with CJ. I'll add more when these guys show that they can share some of the heavy lifting.
In at .045, .069, .10, .198, .21, .014
This is the "gift" that all of the flippers have given us. Looks like they don't have the Mojo to reestablish the trend. Time for the newbs to break down some walls but if they could have afforded that they wouldn't be newbs. Not seeing interest beyond IHub for this one right now. Looks like they want to wait till Friday.
Now we see if all the morons who wanted it down here can stop the bottom from falling out. If I get out, I am going to want it much much lower. Maybe .025.
I say that getting to .40 just got a lot harder because of all of the bottomfeeders who are jumping in. If they had what it took to break new ground they would have been here two days ago. They should show a little respect for the effort and expense of those who came before and not blithely toss out remarks about wanting to see lower prices. There will be somebody here next week saying the same thing no matter where we are sitting. Now that they bought in at .09 or .10, there will be somebody saying they want .03, .009,and then trip zeros. That is what makes them fit for penny stocks and not this one which is headed much higher. We fought for an entire week to put .07 behind us and during that whole time, people were showing up wanting .02s again.
We saw blue sky yesterday morning and now we are back down here with the rodents. I think most of the real longs would prefer not to revisit the worms as well. Hahahahaha Gawd!
I just hope that all the bottom feeders showing up going. "Rah! Rah! Take it down another notch!", have what it takes to fight it back up through those resistance levels again because they have no clue how hard it was the last time. The MMs know how tight these shares are and they resent that and fight tooth and nail for every 100th of a cent. Talk is cheap but the ride back up isn't. If you got in here, you better bring your A game and some dry powder because the battle is just beginning for you.
Think about it. Yesterday when E*Trade was suppressing the news, they let their .08 bid peek through for a bit. That is their cover target. It's disgusting to know that people actually pay those guys for the screwing they give them. All of these big brokers need to be reported to the SEC for what they have done to this one.
I agree, absolutely. I am raising mine to 10 bucks a share, right now. I would hate to oversleep and miss a news story that we have been bought out and I had a buck bid. Bye bye, eat a bullet, Spunjy!
This dip will look like a pothole, then a puddle, then a dimple and finally a flat spot on the chart in the weeks ahead. Dirty tricks were played this week and will be again but I doubt these levels will be seen again. The Fed is going to let inflation proceed and Gold will keep it's value. Supatcha is finding it, (what they do) and customers and offers are stacking up.
The greedy forces at work know all of these things and they are dedicating a great deal of attention to locking up as much of this company as they can for themselves. LOL @ shortsighted traders so engrossed in pennies that they can't see dollars waiting for the patient among us. I see a lot of talk about the dropping price but not a bit about this being a risky company to invest in because they all know better and know we know better too.
You know that anybody who has inside information is not going to post it here and incriminate himself. There is no need to belabor the point. There is adequate DD and news to form an opinion for anybody. One could always find additional DD to add, be it positive or negative. There is always a lot of cheap negative talk when a trend appears to reverse which is characteristically difficult to counter in light of the current PPS.
One thing is certain, that no matter what is said about investor sentiment or the trading range, this company is looking really good. Personal attacks will not be tolerated in the discussion here.
Because it is not overbought and was taken down from .40 on pessimism and impatience. The company has struck rich gold deposits and they have the confidence, results and backing that says "Do what you are doing and expand your operations.". When the independent assay results come in, an offer could arrive that will immediately snap this price up thousands of percentage points. Somebody is saying, "Just how big is this find?" hence the extra drill rigs being put into the field. That tells us that somebody is out there ready to pay big bucks but they just don't know how big yet.
They are keeping us informed and holding competitors at bay so nobody can move in and steal this find. Now we just have to do the same with our shares.
The world is full of people who feel like they are entitled to your shares because they missed the runs the last two weeks and they are more than happy to let others do the heavy lifting. They are uneducated about this company and don't deserve what you have built so don't let them in on the cheap. Take every share you have and put in a sell order at $1 or above. Send a message to the MMs and anybody else who wants in cheap that you are not going to play and they will have to cover some sick stuff if they short down here.
SAEIE was down from .21 yesterday to .11 today. Does that qualify as a bouncer?
I am looking forward to today's sellers whining about it out there on the other boards. That always adds MOJO.
This next run will just make us even more legendary. A freely trading stock that is a bit difficult to get into is a tasty treat these days. Screw that FLD BS. Let it coil and rebound and keep fresh eyes on it. More people making money and talking about it is a good thing. A few keeping it all to themselves is a turnoff for the average guy. Ignore the hype either way, good or bad, and trade it if you like, knowing there is a nice pad to land on if it swings.
Added more at .14. Thanks and sorry for your loss.
Go SAEIE
I liked the consolidation today, even though I added more at .21. As I have said, there will be happy buyers to receive any shares people want to sell. I do wish there was a bit more discipline and less selling at the BID but there are many out there who do not know much of the Supatcha story and just bought on the charts.
Which brings me to another point. Now that we have topped a dime, that E dropping becomes more critical than ever. Hence, today's news was way too huge to have been suppressed as it was. I have noticed interest waning in SAEIE on other sites as we exit the penny profit potential power zone and move to a more legitimate neighborhood. Penny players love the big percentages and they tend to believe they are history once a stock reaches a certain level. News and fundamentals are becoming more important than mere percentages as people just naturally believe the big ones are behind us.
I think we can still get some MOMO going, but if it comes a little bit more reluctantly from here on, do not be too disappointed. We will get a more serious type of investor and perhaps lose a few who prefer fast plays. Also, it might be wiser not to tout the FLD aspect as much as some might think as those have lost some credibility and popularity with many. As we saw today, dark forces are strong and they don't need a lot of shares, if any, to do their damage.
GLTA and Go SAEIE (SAEI if you are reading this next week)
Maybe somebody is grasping at this stock. Anybody should consider that perhaps one of the people here who is deeply invested in this company has had a great and unforeseen misfortune befall them in the last couple of months and might be looking to this as their last hope. At least Eric is doing some things to try to help the price of this stock. So are Abby and Doog and Stockupgirl and Stevo51 and di4. They are doing good things for others and building up good works. One thing is for certain, if they say that what they say is not hurting the price of this stock, they are correct. There could be a newly widowed mom out there praying tonight that help is on the way from the shares she owns in STHG. I don't see what is so funny about that.
I don't see any reason that this stock should be characterized as a scam or dangerous to new investors nor any need for those who have held this stock patiently to be punished. It has fallen a great deal, just as some here have predicted. Things change. Believe me, nobody even remembers the guys that were here in January and February of '09 saying that this was going to tank. What is remembered is the run up from those lows and how smart and lucky those who got in early were. It was sitting right about here before it topped a penny more than once and it is a hell of a lot more company than it was in 2008.
Allow for surprises. The market is fickle. Also, think about that poor widow who may not even have time to defend her last hope on IHub.
Sorry for the takedown, guys. Hope it starts trading better for you all real soon. GLTY
Yeah, I added more at .21 and now these guys are bid sitting. I think I will return the favor and whack the bid when I leave some shares a few times. As I said before, new guys, don't follow the hype and please be careful as we approach .40.
Sweet! Thanks New Energy and WallStBull for tracking those maps down. I was very interested in the volcano in the Zoloti Vorota (Golden Gates) area.
Go SAEIE
Primarily because I don't want to suddenly be staring at long red bars on the chart because too many longs got out too fast. If the price rises slow and steady and the trend line is not too steep, then we can keep the money in longer and not be faced with the sudden appearance of red in our portfolio. Makes perfect sense. Do you want to participate in a short-lived pump and dump or receive even more returns for a longer period of time?
As I said. New Investors, beware of stocks that are rushed too high too fast and take the time to do you DD. If the person giving you stock advice is not working for you beware and ask yourself what is really being sold. The main reason that these runs are rushed is so they can be over, profits taken and leaving you hanging with overpriced shares is nobody's concern but yours. I have seen many companies transformed into pump and dumps even though they began with good intentions. You can all recognize the danger signs. Truth is an attack, "chase it", excessive predictions, forward looking statements, and a general lack of desire during the day to slow down and help with answers. Good Luck. I think this is a good investment being made seriously risky by overexposure to irresponsible parties.
As per your PM. I did track down Poltavas Capital Management Ltd. BVI and they do exist. I found a webpage with about 6 Ukrainian guys listed along with contact information. It is lost in my browser history somewhere and it is getting late. If I can find it tomorrow evening I will post it up on here. I generally make it a rule not to contact downstream clients or associates of companies that I invest in because doing so tends to make the Investor Relations people clam up and we lose transparency. For now, just take my word, I guess. They do exist. On the other hand, the Golden Gates Co. is a bit more cryptic and difficult to trace.
I said I was sorry. I was not bashing but giving a true and honest opinion. I wasn't in this forum today, but I did admit that I was wrong about that one other miner that I am afraid to mention now because it might offend you. Posts tend to get really long winded when you have to beat around the bush so much instead of just coming out and saying what needs to be said. Half the time when you do give an answer within such limited boundaries, it is misconstrued or not even attributed to the intended focus. In fact, that inability to just "spit it out" really tends to make me thornier than I like to be. It's just so damn annoying.
Go SAEIE!
Just like in real life, you get inane cherry pickers in forums who prevaricate and allow leeway for what they like and act indignant and pedantic about what they don't. Anyway, times are hard and good stocks are hard to find. I just hope this one is handled in a way that doesn't burn too many or, better yet, anybody. There is really no need for it to get ugly with this tiny float as long as exits are made with patience and confidence. When somebody is ready to pass the reigns there will be somebody anxious to take them if it doesn't degenerate into a mad rush to the exits. I am hoping that wall of .40s breaks up into a wider dispersion of prices soon.
GO SAEIE!
Sorry, I presumed the capacity to follow a thread. I will dumb it down a bit. Go SAEIE!
We are talking mining stocks on runs. Go back and tell all the posters for the last two weeks to quick comparing us to those other companies and then get back to me.
Some analysts are still calling support here at .025. Examining the other FLD plays carried out recently, that could very well be possible. Do not underestimate the herd mentality that keeps people on the sidelines waiting for a bottom to come in or the tricks that MMs have for downtrends that are just as insidious as the ones they have for the uptrends. How does that number jive with you, having gotten in at twice that?
Anyway, what went on with that other stock today was way over the top. DD should have shown it to be weaker than they thought and it was out there but they insisted on bidding over the ASK anyway. Monday Morning Madness, I guess.
I was watching that CP*CF run this morning in horror, as so many were jumping the ASK to get in and in seconds it collapsed. About half of those who got in during that rush got out, most at a loss. There were two fair sized selloffs later in the day leaving many new bagholders. I really hate those things.
Read the posts that I just made a few prior to this and you will see that some of us do care about you getting both value and security. Pump jobs are a dime a dozen on even the lamest pennies. What is being sold here, is a potential for a real gold mine. How sincere some are with what they are selling is disputable but if this rise is moderated and less volatile, it is possible to hold higher prices. If somebody is rushing the trend they are probably looking to dump on you at some point.
You are absolutely right about too high too fast being a huge red flag. People showing up and playing large buys and only giving cursory glances at the DD are another worry point. If it were to rise only ten percent a day from now till the first of the year I would be happy with it. As it stands now, I am frightened to death that some of the larger holders will dump a few cents shy of the .40 mark. Once they start, the whole pile will collapse in seconds. Nobody will find any buyers as it drops like a rock. Many here have already expressed the desire to do exactly that, sell at .40, and the end could come as soon as tomorrow. Definitely scary for those getting in at this point. We know there will be a pullback when that point is reached. It has been predicted by even the most bullish ones here
I have no problem at all with what you said. I would like to see everybody get the best deal they can and reward those who got here the soonest with a bit more. I am sure that, given solid developments and clarifications of direction and productivity, we will all see fantastic profits. I am not trying to lower the price or the expectations, just raise awareness and true confidence in lieu of brashness and bravado. The only reason to rush, that I can see, is a desire to get out fast and find a new play for the money that is being invested now. That certainly is not a winning scenario for those who are earnest in their desires to fund a real working gold mine. This is not a race...at least not until we start paying by the hour. Like they say, gold 1500 bucks an ounce eventually. Maybe more.
There is certainly no hurry or harm in waiting for some confirmations of what has been claimed here. In fact, I am thinking that slowing this whole mad rush to higher prices might be not only safer for investors but better for the company in the long run. Waiting for a PR, more assay results, deals to firm up and a better understanding of the fundamentals certainly can't be pointed to as a bad thing by any responsible advisor. Sometimes it is best to let these things come to us and thereby keep some perspective on our security in these matters. If Supatcha is a good investment now, it will be even better once everybody knows they have invested wisely. At the very least, it would minimize the chances of a drastic selloff for fear of losing profits and nobody could possibly object to that. Well, one would think so at least.
Sitting here and yelling that we are closing at .40 today or even .25 is one thing, because everybody knew that was BS anyway but claiming ownership of three mines already, is false and misleading information. Saying that "facts are being posted" over and over again, doesn't raise a single forward looking statement to the level of a fact.
You spoke to him then?
I would like to because is seems they don't even have the geological data on the Maiskoye deposit and it too is far from clear of encumbrances.
http://goliath.ecnext.com/coms2/gi_0199-12777628/Interfax-Russia-CIS-Metals-and.html
You will also note that Kinross is well occupied elsewhere.
Did you take my advice and call the company? Did anybody ask them if it had closed? My guess is, "No.". The agreement hinges on a transfer of money and stock...."settlement". Until then, they are drilling on spec and Lord knows they have piqued the interest of many. "Arm's length third parties" are going to do what is best for arm's length third parties.
P.S.
It is Zoloti Vorota, and there are about a dozen companies named after that tourist attraction.
Getting a little ahead of yourself there. Pull it back a notch and give up the truth. The deal with Poltavas Capital Management Ltd. has not closed yet. At this stage, any large competitor, possibly even a Unkrainian interest, could come in and take over the mine. Poltavas Mining is doing very well already in the iron business.
They have contracted a bad case of drifter. That guy is one of the worst bashers that I have ever had the misfortune to share a board with. I don't think I will ever add shares to a company that he has discovered. Tireless and he makes these huge 200 dollar buys and then extracts the utmost pain for his investment. The CEO over there said he needed cash, I just don't think they expected him to dump right on the heels of his last PR...or this one. Actually the dumping today wasn't too bad. That place was so enthusiastic and optimistic before that PR before last. Lots bought in around .0005.