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I have to say I have never see a stock trade so much stock at .0001 and still stay .0001 to .0002
usually after the first 300 to 500 million the offer goes .0001
I got a partial fill for another 4.9 million shares on friday...
once again these MMs have no shame... 2 days of no volume...
watch them dump today or tomorrow
thats the risk we take... any stock under 5 bucks is considered a penny stock...
in fact any stock has a risk...
there is no guarantee in life...
and especially stocks...
im buying stock with a heavy dump on it right now...
for me that usually means once the dump is done... there will be a run...
from my trading this stock before, the chart, and your say so the stock has jumped before...
in the last 3 years I am sure I traded this stock like 2 or 3 times...
if I take a loss on this stock... then that is the risk I take in investing in a subpenny...
I will take my loss, lumps and move on....
well if we can get any pattern in dumping... we probably wont see another dump until late in the trading day tomorrow or Monday...
cya guys until the next dump
ahhh I see...
well ive been trading for a long time...
stocks that trade this much stock... and are bashed down this much...
have always run for me...
yes no guarantee... but beats trying to buy a stock while its on a run up...
only ways to trade a sub penny and make money
if you really want stock at .0002
try putting a up day order..
rather than a open order good until order....
care to tell us what you mean by "insider purchase"?
you bought stock from a insider?
or a insider bought stock and gave you a piece of the action?
I got 20 million shares so far at .0002
ill buy 200 million more shares at .0001 max...
then I stop...
LOL...
well it is scary...
but...
at this point I would rather it trades .0001 then go back up right now
you should be more shocked after dropping about 300 million shares at .0002 the other day
and another 450 million today there still is a MM on the bid...
like I said before just get it over with and dump at .0001 already
well we probably wont see it until next week
all dumpers these days are real pricks...
and like to take their time dumping at each price level...
thats what I have been saying since .0005
LOL
I hope you didnt blow your load...and have cash to buy .0001
looks like it is going that direction...
ill be buying in 100,000,000 share blocks..
if it gets down that low...
LOL
all the way down...
if this one does what I think it will... it will make my year for sure...
ive traded maybe 3 like this one over the years...
and they all jumped after
one took almost 8 months... to finally jump...
i got the money and the time...
guys who come on here telling us a Sub penny is a Piece of Shiet... well duh
seriously this dumper/MMs have no shame...
trying to pretend there is no offer at .0003
wow people should just stay bid at .0002
stop buying .0003
who keeps buying at .0003
here is a idea...
STOP BUYING AT .0003
and sit on the bid at .0002
.002 ill take that...
infact im sure most of us new guys will be in profit if the stock trades up 100% from .0003 to .0006
Like I said you just got to know how to trade them...
a stock that R/S like 4 times a year... are the worst kind of OTCBB stocks you can get caught in
even a bankrupt stock that has a preset date for delistment
and literally telling the securtiy holder that their shares are worthless because they are giving like 99% of the new shares of the company to creditors...
you can still make money off of them...
if you know what your doing...and when to buy
if you are looking for revenue... and profits from a Sub penny... then you have alot to learn....
very very few... ever show a profit...
like I said got to know how to trade them...
you want profits and steady growth...
then go buy a blue chip stock
or one like Lehmans bros...
this is about the time 10:30 pst 1:30 est (who ever it is) starts their dump
lets see if they do it today...
there is only 2 ways to trade a OTCBB stock... wait for it to run up and get hit down...
or wait for it to get hit down....and run up
at least these guys have a chance to make money...
tell these guys to give us some stock at .0002 already...
lol...
yeah... but the problem is finding a bottom on a stock...
so I always like to nibble... even if I think a stock is going lower..
i just keep doubling up
yes it is scary...
you probably should not have bought 10 million shares...
maybe like 500000, or 1 million shares etc etc... or what ever you can sleep at night with
buying sub pennies...
is risky one should think twice about buying them...in the future...
its not worth it for your health... if you are all in knots over a buy...
I just bought another 5 million block at .0003
but yes usually on stock like this that have been hit down... it is hard to get out when they have a big seller dumping...
you got to wait until they are out...
thats why im asking for a dump out... down too .0001
I just called up IR.. and told them to tell the dumpers to just dump out down to .0001
stop this nickle and dime crap...
now the guy dumps...
well bad news is... the guy probably has more stock...
good news is you can tell its not a whole sale dump... except for a this one or few connected big holders
well if the volume stays this low... it will be a good sign...
but then... volume has died before like this...
my thoughts....
are stop complaining about the stock and at least make some money...
you have been watching this stock longer than most of us...
so with the volume and "paid promotions"
you and I both know they are going to pump the stock again...
might as well make some cash in this POS while you are bashing it...
nothing wrong with that....you can still rub it in peoples faces....
btw dont look at this as my pumping the stock...
I know this is a big boys play right now... and the stock we have or can buy... is nothing compared with what they are playing with
i got filled too..
but had my .0003 bid in for like 3 days...
lets put it this way...
if and when the stock runs... we wont be expecting it...
just too many games with the stock... right now...
who ever is selling just wont dump out...
I so I suspect if they hit .0002... it wont be for another 2 or 3 days
lol... well it gets down too .0001 and they actually "fill me"
ill be selling everything under .0004
including what I got here at .0005 down...
glty
my thoughts...ive got 188888888 share bid at .0001 if they want to fill me
all these 500,000 share trades at .0003
are kinda getting irritating when we not getting filled...
anyone getting filled???
I mean the whole point of those 500,000 share trades is to show them giving stock to a different bidder each time
just hit the bid already....
yeah you got the idea...
what you dont want to see... is people NOT converting their debt into stock...
instead either pushing for a creditor take away of assets...(in most cases what little there are)
or pushing the company into bankruptcy
which short term is still fine for us current shareholders...
but then this stock gets pushed into pink sheet land and goes trading .0001
long term wise most pink sheet stocks dont last a very long time
and thats the most important thing about any stock that gets hit....
they need that time too make their runs
hey I just put a 188,888,888 share bid at .0001
can anyone see it???
LOL
no this is just a POS sub penny...
like the typical sub penny they dont care about the shareholder..as much as their own pocket books
the typical company has to sell/give 100s of millions of shares each year in order to keep afloat... since they make no money
but this stock has buying in it... thats why im not worried...
the one you need to worry about are the onese who R/S like 4 times a year...
you know the ones...
the ones that open up at $8 ... and are .0001 within 3 days...
and then R/S 3 months later
im not looking for this stock to go to .01 again... not even .001
ill be happy if it hits .0008
at this point every time it hits .0005 im in profit...
too much stock bought on this stock for it not to make a run again...
22 years spent trading pennies like this one tells me... sooner or later it runs...
frankly I dont care if its the real deal or deadcat bounce...
just way too many people buying big blocks from .0009 and .001
down...
huge amount of volume... on the stock...
btw stocks that trade down and with big volumes tend to run up that day or the next....
this one has been trading down heavy volume for more than just days...
you are looking for a longer wait...(barring news
like I expect with this stock now...
that last run was weak...
better than being the dude buying this at .01
hehehe
plus until they stick us with stock at .0003
you are in at the low of .0004
yes I understand what you are saying... im just saying they stopped doing otcbb for a while...
dosent mean they didnt still keep track of the trading
ive been trading pennies for 22 years...
and was checking out American bulls since the day they came out... there was a point where if you typed in a otcbb symbol... you would get not a valid symbol....
I thought for a while there American bulls stopped doing OTCBB... since it was unreliable with the sub pennies..