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My .0005s look better today. That .0008 to .001 area it still quite the barrier, but with this kind of momentum, we just might crash through. I'm a believer.
It fell back to my buy-in price. It's bouncing the other way now. I sure hope this continues. With the right news, this can get beyond .0008, but that is a SIGNIFICANT barrier.
Is anyone in communication with the company regarding the outlook for additional news releases in the near future?
.001 is quite the barrier for this stock. If we ever break above that and hold, it could be a very good run.
My thoughts exactly regarding someone with an apparent interest in maintaining cheap shares. The bid whacking does have some positive implications. I believe this stock will only move up from here.
Okay, that was a $10 bid whack. Whoever you are, you could at least exceed the cost of the stock transaction.
Hmmm...did someone actually bidwhack to the tune of $31 after a fairly large purchase at .002? That's just malicious. There seems to be an ongoing effort to artificially suppress the share price. I hope this ends well.
Well, at least the selling has stopped, which is a good sign. If the company releases news that sparks interest, the stock should soar.
Is this something you know is going to happen, or something you hope is going to happen. I'm hoping you know it!
We do seem to be suffering through a continuous sequence of small bidwhacks. Someone is very interested in keeping the price low. If something sparks volume at the ask, .01 and beyond will happen virtually overnight.
I hope we get some substantial news soon. If new buyers can be brought into this stock, it will be back at .01 in very short order.
I don't think our bid whacker can hold the stock hostage forever. This unfortunate process has continued today, but the potential for LGBS to move back toward .01 is definitely there.
Thanks for the update. Every time I think the seller might be done, another small batch of shares goes off at the bid. That action is artificially suppressing the price, but it can't go on forever.
I get the feeling we have someone with a LOT of shares who is going to dump them piecemeal until they are finally gone. That is how it looks, anyway. I hope whoever it is goes away real soon!
Is the quarterly report expected this week, or at least this month?
Does a move back toward .01 look likely for LGBS?
Leaving .0037 behind for good is going to be a key. That was a big resistance point. I like this start!
Wow! My .0023s look REALLY good right about now! Thanks for all the great DD on this board.
I got in at .0023. This one looks like it's headed north of .003 for sure.
co pilot:
You would have to address that comment to other posters. I am not part of any "we" that viewed STHG as a short-term hold. The beginning phases of the upward movement of which this stock is capable may become more evident by the end of the year, but 2011 is far more likely.
This is precisely true. Anyone who owns shares of this stock and really understands what they own isn't worried about what's happening right now, or even next month, or even for the rest of this year. Let's see where we are in the summer of 2011.
This is definitely a marathon play. Recent fluctuations will seem irrelevant six or eight months from now.
I keep seeing .10 as the outside range of predictions for STHG. With all the elements in place here from both a fundamental and technical standpoint, is there anything that keeps the stock from moving well north of that prediction between now and next summer? I mean, .10 would be outstanding, don't get me wrong!
I'd be curious to see some opinions regarding where this stock could be six to eight months from now. Thanks in advance!
I have 141,171 shares of STHG. I'm just a minnow in this pond, but I am certainly holding my shares. I have a good feeling about where this one could be by the end of the year.
Doogdilinger,
I am not as informed on this issue as I would like to be. It does seem as if there is a lingering "short virus" in this stock. Do we pretty much know there is a hedge fund involved?
These sorts of fluctuations this early in the game are largely irrelevant unless one is a day or swing trader. I am far more interested in seeing where STHG is in about five or six months.
These mid-.005s are NOT going down without a battle royal.
I don't have a huge stake in this - 142,000 shares - but I bought them at .0128, so I sure would like to see this continue to recover. There are a lot of shrewd folks on this board, so I ask this: Can STHG get to multi pennies over the next month or two?
Is it my imagination, or is there almost constant bid-whacking going on with this stock? I don't get to monitor it all that much, but every time I look in, it is frequently only a matter of seconds before any new bid is hit and sometimes hit repeatedly. It just seems to trade in a very odd fashion.
I'm surprised we haven't bounced already. Do you see it happening pretty soon?
Once we get enough volume to break the grip of the flippers who keep yo-yoing this stock up and down, we are off to the races.
Hmmm. I want to buy more shares to average down, but I cannot figure out where the bottom is with this stock. Any insights?
Is there just something I don't know, or are these shares insanely cheap right now? I am looking to buy more this week. There is almost no way this stock cannot go much higher.
Thanks!
I took a position at just under .73 because it just looks like this stock should move back above a dollar in no time. What's everyone here looking for?
Yep! Same here. That waiting period is the bane of my existence sometimes.
My funds won't clear until Wednesday. This is tough to watch and not be able to buy more shares today. Very tough.
If I didn't have the three-day wait on my fund transfer, I'd be grabbing shares right now. I'm in at .004 and would like to be averaging down a touch right now.
This is looking pretty exciting. I've managed to accumulate 367408 so far. I will definitely buy more when I can free up some more funds.