Wondering Around !
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It Does !!!
most of the times only CROOKS has access to endless resources to afford shorting such an OTC stock ., first of all you need to have over $3mil to short by 1 million shares an OTC stock trading at $1.5 and willing to take the risk since now and then some OTC are legit and can burn you out ! now the question is that , who has the resources to do that ?
If you sold short this stock at $1.50 by One million shares , and you Covered today , you would have profit of $1.3 million Dollars in 2 short weeks !!! do the math !!!
Best way to make good $$$ of P&D stocks is to SHORT SELL during the Pump stage and COVER when they dump it . this way you have Hedge Fund and Market Makers working for you for FREE :) these days got harder and harder to buy low and to sell high , works better to short high and to cover low :))) LOL
http://investorshub.advfn.com/uimage/icons/250056.png?cb=634448709032530000
I think so , then gap it up little in the morning for the next wave of bagholders ! :)
Company appreciates the financial stimulus donations from beloved investors !
Once it breaks the 0.2 , then the .09 will be just few trading hours behind , eventually I think this will Tank around .00X-.000X , If they company still around , they most likely R/S 1/10000 or so , rinse and repeat !!!! I may be wrong !
Anyone lost $$$ MONEY $$$ today ? :)
Good News ---> NSRS still trading where NKRN got halted by SEC the other day !
Anyone got in at .37 this morning for a quick flip ? :)))hahahaha
Brutal,diving like a rock , Hungry SHARKS having feeding Frenzy ...wild waters !
You are a brave man , I am eyeing entry level of .0025 area , I think the party is over , only bones left behing and lot of feeding frenzy over the bones right now , the meat is all gone ! :)
NSRS trading just like AERN few months ago , AERN was P&D 0.2 to 0.005 today , Looks like these days many Crooks use Energy , Gold , Silver as a Bait !! newbies get excited about GOLD , ENERGY and just like a butterfly diving in the fire !
Its very risky to flip when a stock takes a nose dive ..you end up buying high and selling low , you can make a killing shorting it though if you can !
MM may take it little up (The Bait) then getting new future bagholders ..who will spend next few months averaging down, Market Makers been doing this for ages , its the ART of ....
First signs of a scam , just IMHO , uptick before market close , uptick before maket opens , and down trend overall ! take it for what it worth ! with a grain of salt !
IOL, never try to catch a falling knife ! LOL
IMO , if you bought in between 1.75 and .45 , you can still salvage your money and bail out , you may thank me when the PPS is under .005 ! I say that because I been there and done that . I could be wrong !
The only drilling I seen took place was the drilling of investors pockets !
I agree , and if short selling on OTC takes place , only hedge fund or Market Makers / deep pocket brokers can do it !
I would say $1 mil to maximum $5 million market cap , that would put PPS in the .000x-,00x area would be fair market price
I agree with you , but remember , most OCT/pink companies make more out of dilution than selling actual product . if they succeed most of times end up R/S and take it to next level on the expense of investors , investors are kind of colateral damage !
I seen other company with daily BIG news that was pumped at the same time of NSRS , that company is NKRN , SEC now haulted trade of NKRN ..you cant buy or sell ...investors got the shaft !
I may take a calculated risk at .005 if no major dilation , I will first try to get hold of the TA , see whats the float , if it has more than doubled in last 6 months , then I will not get in at any PPS !
Wish I could short it now ! I dont think you can short these OTC's unless you are a market maker !
I almost bought at $1.65 /share 2 weeks ago , Then I thought ...wait few weeks boy and see what happen , fools rush in !
Anyone loaded at .0075 few months ago would be now rich !
PPS was.0075 in 2011 according to E-Trade , is the PPS heading there now or worse ? Is the OS much higher than 6 months ago ? IMO The only GOLD company digging is from the investors pockets !
They there , you just dont see them :)
The company made BIG $$$ selling shares , I think the dilution here been massive , I can see PPS hovering around .003 very soon and then will be the slow descend toward the magic .0001 , then a R/S ...life keeps going ..Be happy , dont worry , its just Money !
I even doubt you can short these stocks !
Wish I shorted this in lst few weeks , I will be covering pennies on the dollar !!
I see that , dropping like a rock in water !
Any guess about the cureent OS ? it used to be 260 mil before the promotion frenzy started , me thinking loud , my guess will be around 5 billion OS shares now!
Selling shares more lucrative than selling oil ...I think this company made more money selling and diluting than will ever make selling oil
Did anyone call the TA (Transfere Agent) call and see if he is allowed to disclose , thats the wild card OTC stocks has , they dont have to disclose any info !!! Which means they can autherize increase of share structure and dump all they want on moment notice and they dont have to say a thing
'$treet King': DILUTION is written all over , I been around long enough to know "Dilution" when I see it ! Hope I am wrong , but I doubt that!
newstd:I agree if the float has not changed ,The company can always sell shares at any PPS and still make money , sadly thats the wild card they got when on OTC , We very often know only when the party is over ! If you start seeing PPS lower than that of the PPS before the News , then you know that dilution is active . Also not sure How they paying the 1 million dollar plus fees to promotors , was partly paid in shares , did they start selling ? all these are wild cards as well
Does anyone feel the heat ? do you know whats that ? :)
Looks like stampede at the exit gate , like everyone wants to exit at the same time ...I hate to see that //very ugly . looks like bloodbath , L2 all red !! sad indeed :(