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unless some serious share structure news is available justifying the drop in price, i don't believe these sub 01's will be around for long. far too appealing for the longs.
have new shares been confirmed or could it just be somebody doing a little december dump for a 2011 loss?
pedal down. this could get good in a hurry.
i'm with you. based on the facts as we know them there is no reason to believe ACYD will go bust. they're making it pretty easy to avg down to what i believe to be a very strong position. i didn't plan on doubling my position, but at this rate, i just might.
the more we buy and hold the less they have to work with.
good luck. should be interesting to see how the week shakes out.
i just spoke with a friend in the tampa area who happens to be in the real estate mgmt business and said he has met CEO folger on a number of occassions and says he's a stand-up guy. my friend said john is a big picture type who could easily make big things happen if he gets the necessary support. i'm taking this as great news, my friend could have told me to run for the hills.
20% dip! thanks seller...i'll take those.
as a fellow long who started around your PPS, now seems like a good time to avg. down. i can tell you i feel a lot better about where i am now vs. where i started. i'm not concerned about the bottom falling out of ACYD at all.
Google Finance released this morning...
Nov. 30, 2011, 8:59 a.m. EST
American Community Development Group President / CEO Interviewed and Featured by Stock Research Firm, Street-Stock
Company Evaluated as Undervalued Based on Its Unique Business Model, 2012 Earnings Guidance Along With a Very Low Public Float of Approximately 21 Million Shares at a Sub Penny Price per Share
i picked up some of those near the end of the day. i'm betting on the facts from the interview making there way to the market one way or another. not sure why the last one went through after close, i placed the order during normal hours.
.011's were tough to crack. thought they would drop off with the late pressure.
promising interview. surprised so little volume today. hope ACYD releases the interview to the wires.
sorry man, i just don't know what you mean.
what's the benefit?
those 1's have to be on borrowed time. weak hands looking to free up cash. no reason to sell down here.
With you. Hard to not be a buyer down here.
When did yesterday's volume come in? I saw only 33K trades mid afternoon. Big volume bids bring the price down?
nice to see the bid building
i don't know about news, but L2 is very thin with less than $10K being able to take us to .0175. That and no reported dilution is enough to keep me involved.
that didn't take long. nice to see these levels again. slow and steady...go ACYD
should start chipping away at the 155's today.
good opps up to .0155
15400 shares, just some clown. ask is still where it needs to be.
somebody getting on the boat that sees this due to spend some time on the north side of .015 again. go ACYD.
nice volume today. great to close no lower than the 3's. go ACYD.
good luck. i'm just not in a position to call him today.
you're overestimating my knowledge. i like this based on the share structure and their business plan. outside of that, i'm gambling just like everybody else.
No, not likely I'll get to that today. Good luck with whatever you decide. Go ACYD.
i would say that pretty much covers it...
has to be somebody moving because they have to. buying at .006 and .0128 on the same trade doesn't make a lot of sense.
quite a price variation on all those buys at 2:13. no idea how that happened.
somebody on this board has posted in the past few weeks about their direct conversations with the CEO. I know others have called and reached him as well. hopefully the lack of updates is just ACYD getting thier ducks in a row and growing. I would rather have late/no info than inaccurate or BS info.
call it wishful thinking, but they could have already bought what they were after and are now holding. that would explain the increasing number of low volume days since they were on the bid.
we need some action on those .0128's to move the bid. hopefully the bidders at the current levels don't find a weak one in the herd that takes their low-ball bait. i know at least a few million shares that aren't going anywhere at anywhere near these levels. go ACYD
gobble gobble up to the .0155's I say. probably enough that bought below .0155 that those will take a little more motivation to punch through. that said, I think once we're working on those people will hold as its going to go over .02 quickly. go ACYD.
i think the news right now is that some people are selling shares cheap becuase they want to get out before year end. i don't like seeing the price where it is, but its probably better in the long run, assuming the longs accumulate.
good for you and good luck. go ACYD.
yes. the farther my avg gets below .02 the happier i am. took my a while to get there though.
.0138 and even .0155 look pretty good to me, considering where ACYD should go. I'm grabbing now so I don't end up counting the money I could have made once we get momo. We are still super thin if only a few players decide to join or add.