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Due to the election outcome Research In Motion will be laying off employees.
http://cowboybyte.com/14820/forward-to-the-obama-layoffs/
I agree. At this time the buy volume is six time the sell volume. When the demand is this high and supply this low there is only one way it can go.
I totally agree with what you said about it relying on "fluff and PR's" to sell shares. But you'll notice there hasn't been any news in over a month and the stock hasn't been promoted in almost three months when it was recently getting promoted once or twice a month. I think it's due for a little fluff and PR. It won't help this non-producing company in the long run but maybe we'll all make a quick 25% or so. It doesn't take a great company to make shareholders money, especially if they don't plan on holding the shares for more than a day or two.
I'm sure you'll love them and be their biggest cheerleader as soon as they start going up again.
I was trading this before the pump. I didn't know anything about any promotion coming. I was getting in at 0.07 to 0.09 and getting out at 0.12 to 0.14 over and over. I look for this thing to settle back into that pattern again once the hype has died down.
hahahaha!
I give up. Good luck youngmillionair. Or should I wish you bad luck? I'm not sure which would please you more.
I don't believe there is such thing as a "mental health professional" so your question is irrelevant to me.
Whether he's bashing or promoting doesn't matter anymore. He has absolutely no credibility. I just skip his posts because they contain no useful information.
Why do you whine so much? Do you think that is helping the share price? You have no idea how much it hurts the price by all this complaining. Stocks only rise with positive attitudes.
Whacked the 2s? What you talkin' 'bout Willis?
Amen brother! agch44 for president! The stock is still in play. There is still money to be made here. As my father used to say, suck it up cupcake.
No, I didn't know that. I don't short sell. Good to know. Thanks.
Here you go short sellers!
The shares will be around $1.50 and I don't expect them to go up. I give this six months to a year and it'll be back below $0.10. This is an excellent opportunity to make some serious money short selling. I was extremely positive on this stock for a while but after watching it be run into the ground just to reverse split and run into the ground again just to have yet another reverse split, I don't see any potential here unless you short the stock.
If you can barrow shares around $1.00 you could easily make ten times your money in less than a year.
That has got to be the dumbest thing I've read all day.
Has anyone actually sold this at 0.0002? I have had a sell order in for a week and it's not selling.
From my experience I don't think most people read the news. They'll see "WTWO Files Quarterly Earnings" and they'll get excited even if the earnings weren't good. Even news of bad earnings should be good enough for a short term spike which is good for the day trader.
I agree with what you say about doing your own DD, and I have done mine, but this is a game and to win you have to profit from lack of DD on the part of others. That report will come out and people won't do their DD and I'll make a quick 20%.
I wouldn't recommend holding this position long term but there are some decent profits to be made here every few days if you know how to ride the waves. For example, I bought today at 0.0029 and sold at 0.0034 for a 17% gain and I did it while the stock was down.
Any word on when the filings will come in?
The 100% gain is looking good in my portfolio! Not as good as 200% will look though. A little good PR could make it 200-300%.
Sorry, I've been away for a while. I've been working on Richiekane Games and it's doing pretty good but I'm back to trading finally which is what I really love to do.
I've been researching this company obsessively over the past few days. I'm very impressed and excited about the future. Good luck everyone!
August 8th & 9th
I understand there is a board meeting on the 8th and 9th which could grant some kind of permit. What is the permit for? Also any chance that they'll be discussing attempts at a reverse split at this meeting?