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Lol, did you read the filings today? http://sec.gov/cgi-bin/browse-edgar?company=welwind&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany
was thinking about buying in before I saw those
im pretty horrible at posting prices... You know what i meant lol. Don't know why I either add or forget a zero every time. Ill just say 14s from now on lol
Got some .014s today ;o 3 buys on it, .013, .020, .014, hopefully I don't regret it.
"None of us are as dumb as all of us"
nope, if that was the case, the next trade would start the run. Think it was just mms trying to entice some sells at .0006, didnt work
"None of us are as dumb as all of us"
someones trying hard for sure... I'm sure someone was trying to hit the ask, MMs want it to close down...
"None of us are as dumb as all of us"
Don't have to wait on him to come through for the stock to go up lol... Nice chart play buddy, traders know that. You can keep holding your grudge against the stock because you took a hit on it because thats not involving emotions at all
I am a trader too, except im not going to jump into a stock that has run 1000% or whatever it was at the time, because clay said it has more upward potential.
Ah ok, thought you meant like restricted by etrade or scottrade,
You're the one who bought high sold low... i bought in at .16 today and called it. don't call it after the fact either... You keep working on buying stocks that have run big and selling them after they plummet. Make sure you buy in again after it runs.
If you're not going to believe a word that the company says in its PRs, then don't put your money into penny stocks. If you don't know about naked shorting, i suggest you look it up... thats what the PR was suggesting today
There are not restrictions on selling stock, just buying it... there goes that theory
You should paper trade a bit more before you start trading, honest advice. Also, don't listen to the other guy... A company is not always diluting when theres good news and the thing drops. There are tons of examples of big board companies that don't dilute that announce big news and the stock tanks because it wasn't as big as expected or people expected something better.
5 New Additional Store Openings
12:09p ET June 11, 2008 (PR NewsWire)
PINKSHEETS: GLCC www.goodlifechina.com Good Life China is pleased to announce 5 new store openings for the week of June 11 2008 for a total of 11 new locations launched this week. Just so that there is no confusion, this is in addition to the existing 6 locations the Company announced earlier this morning. In brief summary, 5 stores are located in Cangzhou, 5 are located in Beijing, and one is located in Shijiazhuang. In addition two new suppliers were brought on board. With the Olympic summer games quickly approaching GLCC management is in full overdrive mode to launch and to have as many stores operating as possible throughout Beijing. Mr Yang, Good Life spokesperson said "Our projected growth rate targets are not only realistic but within reach. As it currently stands, with what is currently in the process we may close the week with as many as 15 or 20 new locations this week alone."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT: www.minamargroup.com/helpdesk
SOURCE Good Life China Corporation
More news
Great call, usually I dont average up, but I made an exception in this case. Can't wait for the end of the month.
My first buy at .016 ;o
So does that mean you're back in now? :)
Thats AWESOME! those non-for-profit radio stations all turn for-profit when PINR acquires servenation right? :O Too bad market doesnt respond the same way
Painted close ;o wow nice one though on 600k.
If there was dilution, it would show up as selling. MMs just holding it back a bit, but nothing to worry about.
Yes... its going on thin air. 200k order to take it down from .0008 to .0006 and dt the bid ask to .0005x.0007. 200k is $120. Don't sweat it too much, just add some bid support if you want in case it starts to dip, get some cheapies as well. I bought .0007 and .0005s last time, took out a little more than half at .0011 and am still waiting around with the rest. I am also on the bid at .0005 for 1M. Buy when everyones miserable.
Talked to IR this morning, end of month should be very good. No dilution either, some bastard with less than 5% (no filing necessary) decided to dump his shares. He probably dumped a couple of million or so. Float still 10% of O/S at 16M.
Ok, thats good. I was saying, a lot of people have gotten out of the stock and all of that selling is not 100% dilution. If there was 235M shares traded since May 30th, 230M of that was not dilution (There was 6M buys today alone as you stated). I would believe 130M worth of dilution since May 30th, but its mainly that 110M in 1 day that throws me off since there was not even 110M in volume that day. If thats wrong, then I donno bout the other numbers for sure either right? After all, this is the first time ive seen your posts :)
Yeah, sorry made a mistake about the previous O/S but that poster sure seems to say a lot of mixed info...
For example,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29845427
Theres 230M diluted the last 3 days?
Volume today (39M) + Volume yesterday (52M) + Volume the day before yesterday (32M), so out of the 123M traded the past 3 days, 230M was diluted... Also How was 120M diluted today?
Also, in between the two posts on the 30th, there was 110M diluted but the volume was nowhere near that for the time between those two posts.
So maybe he meant that they diluted 230M since 5/30 (I bet he did)
Volume 5/30 - 48.17M
Volume 6/2 - 20.17M
Volume 6/3 - 42.7M
Volume 6/4 - 32.63M
Volume 6/5 - 52.07M
Volume 6/6 - 39.4M
Total - 235M...
So out of the 235 Million traded between then and now, PINR diluted 230M?
They are diluting, but not as much as that guy says.
Well looks like someone confirmed the O/S today and its the same as it was on March 31st when we were trading .0008-.001 and looking at the chart, they really are NOT diluting that much since the first giant drop... Selling restricted shares does the same thing as selling shares to the public to the PPS since they both increase the O/S and the value of the firm is based on the O/S not the float vs restricted. That means that people are just panicking here
"None of us are as dumb as all of us"
Only 300K traded at .0003... this is either moving really easily all of a sudden or its MM games. Not worrying yet until i see more volume at .0003. BTW... even companies that dilute need their PPS to bounce up to attract new investors.
lol :) I didnt know it was a race lol
Wow unreal HLLD, Taki called that bottom very nice up 100% here, .012x.015
"None of us are as dumb as all of us"
You watching this? wow, insane today... so abnormal not to trade until noon then all of a sudden, 400+K block, absurd... Something is going on for sure. Glad I got some cheapies
HLLD very unusual trading today, Heavy buying
Thank you very much momo :)
SO you buy and hold penny stocks? Everyone knows its a trade lol, not looking for a long term hold. Posts like that don't help anyone IMO. Who was pumping this thing? The promoters who were supposed to keep the stock afloat around $4 sure as hell didnt do a very good job. There were also hardly any posts about it on ihub before today so therefore even if someone was trying desperately to pump it, nobody was listening anyways. It is a bounce play and as with 99% of penny stocks, it will probably eventually turn right back around and make new lows but that doesn't mean that there isnt a nice opportunity right now. Pointing out the fact that it will eventually stop running and turn is about as obvious as everything John Madden says.
:) thought so lol. Tomorrow give her a "great success!" too
Go GRDB :) 154% and very little attention on it so far.
I second that proposal, eom
"None of us are as dumb as all of us"
Were you doing the borat "high five!" or just a regular one? Curious :), I got some .0004s today, couldnt believe i got filled after the news. I also didn't notice that there was news until after market closed because I was too busy with GRDB lol. Very nice news today though, hopefully a delayed response tomorrow.
Go Obama! If he won with a name like that, he must be good! lol
I know, this obviously wasnt an Ihub pump though with 17 bookmarks. Bigger buyers behind whats going on and I doubt its done.
Only 17 bookmarks on GRDB, common ihub, theres more than 17 people that posted here about it lol.
What do you think about GRDB after today Clay? Think the chart needs to be annotated again :)
hey pennies, Can you give me your opinion on GRDB please?