Orangeman3,
I'm trying to make sense out of your reply. So you think it's a good idea to sell when the stock is at its worst point in the day, when you could have sold it at it's best point in the day for much more money? Or you think it's smart to sell at the worst point to purposely keep the price down? Are you one of these smart sellers who dumps it to keep the price down? Or do you think it's a smart practice to buy when a stock is high, and then unload it when it's low? And you think anyone who buys low and sells high is just a Kool Aid drinker?
I really have to wonder why someone who seems to hate a stock would be wasting his time reading and commenting on posts that are positive about a stock, unless I'm just totally not understanding your points or not catching on to your sarcasm or something.
I bought this stock way before I ever read anything on Investorshub, and only started reading this to get some insights about it, because the more I studied it, the more convinced I was that I want to stay in this stock. There is some good info that comes out on here, but there's also a lot of garbage that comes out from people obviously trying to trash talk the stock down into the dumps.
I've heard the "sell on the news" theory before, but never found it to be great advice. If people hear good news and sell and drive the price down, as far as I'm concerned, that's a good time for me to buy. Unless their goal is to manipulate the price downward, I don't think they're being smart. If they're just too lazy to read the news to figure out if it's good or bad news, and they just automatically sell on any news, that just doesn't make any sense to me. Obviously there are a lot of people who sell on the news whether good or bad. But in the long run, selling on good news doesn't seem very productive. I buy when people sell on the news. Some of the best deals I've ever made were buying up a stock that suddenly tanked on a flimsy news story, only to shoot right back up again the next day.
I'm happy to get your insight into the whole stock trading world, but please don't accuse me of being a kool aid drinker, because I make my own decisions and I think I'm smart enough to tell the difference between pure hype and real news.
Your statement about how you wouldn't be surprised to see "some kind of toxic filing in the next few days", makes you sound like either a real pessimist, or someone who got burned badly on some other stocks, or someone who is just purposely trying to scare people and drive the price down.
Cheers