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A 50% bounce will only bring this stock to 30 cents. We would need a 100% DOUBLING to get back to 40. Time to cut losses/take profit, lest we all receive goatse.
We're at the event horizon of a black hole. Hate to say I told you so, but I'm pretty sure I called this early. How many people are down 5k today? 10k?
Watching pumped pieces of garbage like this reinforces my policy of never investing in a penny stock that goes up more than 100% from its breakout point.
You may think so, but remember that consolidation may occur on consecutive days, which we haven't seen. Also bare in mind that institutions may view consolidation differently than investors with small funds. We're the little guys and have to ride on the backs of the big guys.
Just do the best you can with spelling, right?. But what really worries me about this stock is the lack of consolidation over the last few weeks. With such infrequent dips, it just seems more and more likely that it will drop quickly, scaring investors who bought in at a high price, forcing them to sell and shoot the price down even more. If you got in at 6 cents, you're probably alright. But those who bought at 30 cents would certainly sell with the coming consolidation.
protip: don't feed.
Though I must say I am thoroughly impressed by your knowledge of internet lingo. I've just seen too many people goatsed by stocks that suck to trust anything discussed on this site. U 4chan?
BTW i ain't even mad.
At least you're being smart about it- I see a lot of older, experienced traders creaming their pants at the possibility of making a million dollars on some pumped-up garbage. I wish you good luck Amer. You actually have a plan other than hold and pray it doesn't fall.
SAEI is picking up a gold mine. If it were ridiculously easy to extract that gold, no one would be selling this mine in the first place. Gold is booming right now, but only if you can get it out of the ground.
I can't reply to PMs because I'm not paying a monthly fee for that right. So-
1) Pump and Dumps are all the same. If this is not a pump and dump then said statement is not applicable.
2) YHBT
Let me ask this board for advice:
If you were a 19 year old in college with about $3500 invested, which is about half the money to your name, would you be buying pennies, options, stocks, or bonds?
I just hope for your sakes you're out before the drop. We all are willing to take different levels of risk, and the way I see it, the higher it goes, the more likely it is to go down. I consider doubling my money an epic victory. 10-bagging doesn't happen for me, but since most stocks don't run up like SAEI, it puts me in a better position. Just look at OTOW, ICBU, LKEN, EIGH,SPNG(Q), and a host of others. They spiked and plummeted. I'll be surprised if SAEI doesn't do the same, but if it stays up, congrats: you beat the odds.
It goes without saying that you didn't actually lose anything if you didn't sell, but it does mean that by not selling before the dip that you missed out on a better profit. I'm no stock guru, but I do know that 99% of stocks discussed on this site drop like rocks, even when good news comes out. If I'm up significantly on this stock, I'm out by now. And for the institutions that own 50% of the shares, you'd better believe that they'll jump out too.
Congratulations. I also noticed you must have taken a big hit yesterday. Be advised it won't be the only one.
Take it and run. Monday will bounce up, the rest of the week will tank. Time to find a new favorite. Some of you have multiplied your position 5x over. Take it.
Okay, if they can immediately extract all of their gold without any expenses, then I will pay $30.00/share for this stock. This article does not mention any expenses, only that there is gold buried underground and they know about it.
Think about liability costs, extraction costs, costs to drill, costs to extract, logistics, electricity for machines, and a host of other things. If they have 4billion dollars in gold under their feet, that does not equal 4billion dollars in profits. Buy the hype, sell before their earnings report comes out.
Okay, if they can immediately extract all of their gold without any expenses, then I will pay $30.00/share for this stock. This article does not mention any expenses, only that there is gold buried underground and they know about it.
Think about liability costs, extraction costs, costs to drill, costs to extract, logistics, electricity for machines, and a host of other things. If they have 4billion dollars in gold under their feet, that does not equal 4billion dollars in profits. Buy the hype, sell before their earnings report comes out.
This could be your last chance to get out! This overhyped junk won't last forever!
You, sir, win the internet today. Not only do we both troll, but you also have the balls to state that stocks on this website are meant to be dumped at first signs of green. I applaud you.
I've heard of people being paid to bash. I think I'd be good at that. Do you gentlemen know how to get into the "paid to bash" business, or do you have to know a guy who knows a guy? If you tell me, I promise not to bash your stocks.
I'll drink to that- Take the money and run. Us small investors have to trust that the big positions will not dump. I can't trust an investor any more than I can trust a lawyer.
And if you wait until $2 to sell, my thesis would be disproven. We'll see if the stock ever gets there. If it does, I truly hope you're still in because I like seeing fellow investors make money. I just can't see it getting there. the CEO owns 8% of the market cap. He multiplied his investment a dozen times over. So did the institutions that own 45%. Just make sure you're out before they dump.
MMs tend to stay short until the price is lower than where they shorted. They will continue to short until the share price is .0001. This happens every time. Once an MM starts messing with a stock, it might be time to move on.
What would one of you have to see in order to determine that a stock is going down without MM manipulation? EVERY SINGLE TIME a stock goes down on this website, there are always accusations that MMs are screwing around or controlling the market. What evidence would one need to see in order to conclude that it is not the fault of MMs?
Denial is a bad thing to have when playing penny stocks. If you really believe in this one, then have at it. But Massey Asset Capital and Anthera West Capital own 45% of shares. What do you think will happens when they dump?
Make your own choices for sure, but look at everything first. When the public doesn't own many of the shares, you can bank on manipulation.
If I wanted shares I could buy at the bid. This thing is going to drop like a rock. They are contracted to dish out 2 million dollars worth of stock to Balka Skyrokaya- talk about dilution!
If you're green, this is a good time to sell. Take the profit and move on to the next one. There will ALWAYS be another.
We all knew this was a short-term play. Here comes the dump!
Man, i sure was wrong about this stock when i spoke yesterday. Just look at that movement! Incredible!
Look at all that gold. Can't wait to get my hands on some. If I'm not mistaken, some gold stocks actually pay their shareholders in the market price of gold (usually the value of half an ounce or so.) Wouldn't that be fantastic? Actually getting dividends in GOLD?
MMs are trolling this stock like Agrensus from the Book of Tho. They're going to hold that bayonet at our necks until we give up these shares. Go ahead and cut me, NITE, my throat is like that of Argensus- solid as iron. You'll get none of my shares.
This stock is in pennyland- before you know it, we'll be in dollar land.
All we have to do is pray that this company gets a one-billion dollar contract. Is it going to happen? No. Buy something else.
MMs are all over this stock- It's going to drop even more, but don't let them shake you!
That's what we usually say, right?
Face it folks, bail out before the shake screws you over.
We cannot edit videos on any of those websites, but we CAN download the video and do what we will. is it competitive? No. However there is a very small group of people who will get involved in this. Where are the profits coming from? There are too many free opportunities to get your name out than to pay to use MMX, which will have a negligible audience.
One of 3 powerplants is a 70 MW facility. The other two are 7 and 10 MW. Building such small powerplants is going to be costly and therefore outweigh benefits of building a 70MW plant.
The power that is to be generated by these proposed powerplants is, well... small. I did a research project last week about biofuels and geothermal in KENYA, and even there in sub-saharan Africa they were building similar plants that generate significantly more power (even their wind farms generated more than a 7MW powerplant). There is no way that in heavily populated New England, a 7 or 10 MW powerplant is going to be profitable.
Discussing the future of Wamu is like discussing the future of WWII. It's DEAD, my people. Wamu is dead. Let it rest in peace.
Reducing float? But there are over 360 MILLION shares being traded. Obviously someone is selling something. Float lockdowns usually entail lower volume because no one can get as many shares as they would like.
It's hard t compete with free music, people. Take it from me, a 19 year-old who keeps up with social demands. People who attain (through purchase or pirating) music would much rather do so through some free service like Limewire than some new company that no one has ever heard of. ENTI is going to have to compete with iTunes AND free online music downloads. Let's face it, it's not going anywhere. Flip when you're green and forget it.
This is going to drop to 10 cents, bounce off for a 14 cent high, then continue down. I'm waiting until it reaches 10 cents, then flipping at around 14. This should put me in good shape. Anyone else care to join the fun?
This must be MMs shaking the price to get more shares. That's what we like to say, right? Every time the price drops it's just MMs trading shares back and forth to each other. No real people are selling right? Just MMs?
Hmm... must have been some MMs today. That's what we say, right? Usually some MMs?