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May I ask who the moderator was that deleted my "canary" message?... because I looked at the IHUB guidelines for deleted messages and find no reason whatsoever for my deletion. thanks
'JohnnySticks'...You asked "what's it going to take to close above .24?"...Well, it might just be at our doorstep...I got a slight hint from todays close that .24 could be broken this week, maybe tomorrow. Lets see what happens today, and if we get more TA confirmation of this by the close.
You say 'manuel06' that "we CANNOT artifically change sentiment or lasting momentum when we have shareholder disdain or worse." Yes, attitudes can be difficult to change but this is 2011...a new beginning for us all...an opportunity to CHANGE...and besides, as the old saying goes, "CAN'T never did anything."
Hey 'Julius Erving'... maybe you WOULDN'T have been so surprised why that particular stock is "going up and up like a locamotive" as you described earlier today if you had only followed the opening/closing price action of that stock from September of last year to present and had noticed how consistently the sp closed on the ask and opened the following day either on the ask or higher from the previous day. Just like it did today. And then if you added in a positive sentiment and perception factor, as that stock has demonstrated, then maybe you wouldn't have been so amazed by its higher high stair-step pattern that resulted in its 7 fold increase from last September. Now that's a nice simple and effective formula for success, one that ERHC can easily emulate. After all, we have the same if not greater potential than this other stock. So what is our solution and how can it be changed? Could it be that the impasse, more than any other thing, has to do with perception and sentiment as one poster mentioned the other day. Its understandable if this is the culprit, seeing how we have been so mentally beaten to death for such extended periods of time. Its no wonder why the sp is where it is. But, as we know, perceptions and sentiment can change quite quickly and quite dramatically. Are we ready to turn over that new leaf in 2011? Sure would be great to be up 10 or more fold this year!!!
'TOB' you stated..."But "a few small trades" aren't going to impact the share price much, unless they are big enough to overcome the sellers." Its not so much about overcoming sellers 'TOB' as it is about guarding against price slippage at the end of the day.
That's why it baffles me why you would think MMs are going to get rich with only executing a few small trades at the end of the day, when most of the time you seem to be quite knowledgeable about the markets 'TOB'...And yes, I completely understand what a MM is and how they make their money....but I think your the one that needs more educating on how many trades it REALLY takes for a MM to get rich. I can assure you it won't be just a few small trades at the end of the day.
You say you get it 'manuel06' but I don't think you do...you go on to say "but with little volume the traders (MMs) are in control" In actuality, volume in my mind has less influence than one may think. What matters most I believe is whether or not there are persons willing to save a little ammo from their previous buying on a given day and support the sp at the close by buying on the ask. Higher highs will occur if this is followed IMO. We have to prevent the price slippage that has occured to often in the past. Why do you think our sp got into the teen's again? Yeap, you probably guessed it...no price support at the end of the day. But I think that can be changed. What would you think about a nice upwards stair-step pattern 'manuel06'? Wouldn't that make you happy? No need to wait on great news, I think we can make it happen now!
You missed my point entirely 'manuel06'...I'm not suggesting every long investor buy every day at the close, far from it. What I am suggesting is for those persons that buy earlier in the day to just save a little buying ammo for the close to help ensure against any price slippage. Do you get it now?
You ask a very good question 'manuel06'..."what if the last ask of the day is either day low or lower than the days high and thats all you can get, does this follow in your plan?...just curious as I don't see how it can possibly work when we are on OTC."...First, let me say, the stock I had earlier mentioned in a post that was up 10 fold or more in 1 1/2 years was also on a comparable stock exchange to our OTC...that being the Canadian Vancouver Exchange. So, as far as that is concerned, we're in the same ballpark as that stock. Secondly, it didn't seem to matter with this Canadian stock, whether at the close of the day, the ask was at the high of that day or somewhere in between. What seemed to matter the most, from what I could identify, was the importance of minimal price slippage at the end of the day. By having control of the price slippage at the close and keeping it to a minimum they were able to consistantly take 2 or 3 steps forward in those 1 1/2 years and only 1 or so back. We, consequently on the other hand, by not controlling price slippage and keeping it to a minimum, have had to settle for only 1 or so steps forward and then 2 or 3 steps back, forcing our sp lower and lower.
In conclusion, I would most definately say this plan will also work for us, but only if there is a willingness on our part to make it happen. I guess we'll see how much or how little and in what direction this board wants our sp to move.
You ask why I didn't spend $31.95 to get 100 shares at $.23 'jsc52033'...Quite frankly, I had no intention of buying any additional shares this morning or early this afternoon. But if I had done so, I would have tried to save a "little buying ammo" for the last minute of trading today to insure against any price slippage that we have had so much of over the last 6 months. This is what I was trying to get across in my earlier post 'jsc52033. If we can convience folks to save a "little buying ammmo" for the last moments of trading in addition to what they might have purchased earlier in the day then we have a lot better chance of our sp making higher highs on a regular basis. There are only a few things in our control that we can do to help the sp move forward. This is one of them.
Each and every trade from the moment the market opens until the moment the market closes could be considered manipulative in some degree 'mz157'. Wall Street, MM's, traders, investors, hedge funds and on and on all manipulate to a degree throughout the day. It's not something that just occurs a few moments before the closing bell as you make it sound. So I guess it could be argued, even you, to a degree, have manipulated if you have either bought or sold ERHC. Whether we admit or not, everyone is in the same boat'mz157'...we all to a degree manipulate.
BTW...Want higher highs...here's an example...I have a few stocks that are very similar to ERHC that are also drilling off the W. African coast...one of these in particular went up some 10 fold in a little over a year and a half. How did they do it? One thing I noticed over that period of time was the fact that the first trade of each new day was almost always at least equal to or higher than the previous days closing ask. And pretty much the same thing occured at the close of the day, as the last trade was almost always on the ask. So don't tell me this won't work 'mz157' cause I've seen it in action for over a year and a half.
Please tell the board ALL your reasons why you don't want higher highs for ERHC. Go ahead 'mz157', you've got the floor.
Still got some "stink bids" in 'mz157'?...I wouldn't want the price to go higher either.
We could have been up 4.54% if those individuals purchasing shares today had saved a little buying ammo (100 shares +) and bought on the ask, at the close. Tell me again 'mz157' why your so happy with only a 2.27% gain today instead of 4.47%? Oh, let me guess...Could it be that your participating in one of those sophisticated ERHC investment strategies and if the price moves up you lose money? Hmmmmmm....for the life of me, I can't understand why anyone would rather wallow in the mud at our present prices instead of doing something so simple as I have outlined. This higher, high strategy will work, and its something we at least, have total control over.
Thanks 'TOB'...And another true identify identified...Boy, these are piling up aren't they?
Another true idenity has been exposed today...Thanks 'mz157'
Ah............you have just stepped out of the shadows to reveil yourself more clearly...how can I not be more leary of you?
And why don't you want the sp to go higher 'TOB'....hmmmmmmm...More hidden agenda's I see.
Only someone NOT wanting the sp to go HIGHER AND HIGHER would say such a thing!...now I'm even MORE leary of you 'MZ157'.
BE A PART of the SIMPLE SOLUTION to HIGHER HIGHS!!!
It will make a tremendous difference in our sp over time, if those buying on any given day will save a litte buying ammo for the LAST MINUTE OF THE DAY. Lets insure against any price slippage by collectively buying on the ASK, at the close, day after day.
To The Board...
For those buying shares TODAY and in the FUTURE, PLEASE REMEMBER to save a little ammo for the LAST MINUTE of trading. FROM NOW ON lets HELP our situation as MUCH as possible by buying on the "ASK". This will INSURE us of ANY LAST MINUTE PRICE SLIPPAGE as we close each day.
We're either part of the SOLUTION or part of the PROBLEM. Collectively, we can make a difference!
And 'The Amazing Krom' presses on...thanks again for your tremendous contributions!
sneak-attack...Its my opinion, and I think many would agree, there have been mounting suspicions for some time now of another fox around our hen house.
Tallow Oil...that's a good one amj23...got a nice chuckle out of that one.
Your post clearly describes the reality of the situation...great contribution as always.
The Amazing Krom being wrong?...very unlikely
Hmmmmm...Just took a look at the daily and weekly charts...Much like I thought, we blew past that $.20 cent resistance level, didn't we...and the charts show next resistance at $.27.
There are those of us that are expecting the unexpected BUYOUT in 2011 which makes the unexpected expected in our eyes.
Happy New Year redinvest...bought any more Energulf Resources while we wait for ERHE...could be a moon shot later this year.
My thanks to The Amazing Krom and supporting cast...as they say, we're either part of the problem or part of the solution...I wholeheartedly believe that...BTW, I personally think this is going to be a terrific year for those holding ERHC...and today was a great start, up almost 10%...have a little more faith everyone.
Looks like we're heading back to our 50 DMA, presently at $.202. Could this be the price level we start building a new base from as we move into 2011? Many things are pointing towards this.
In all fairness midtier, you are certainly not the sole reason ERHC is at $.175, but, in my mind, you and a few others have certainly been a major factor, a major contributor in holding this stock back. I think I can speak for most, when I say we've had enough of your obliterating and enough of your lambasting...its become so suspicious, its become so extreme that one has to question your true agenda and who's side your really on.
A diamonds true beauty is only realized through the cutting and polishing process...I think our little "gem" is looking more beautiful today...I see a sparkle I haven't seen before...thanks for your efforts BB...now go to the head of the class.
Sorry to take so long getting back with you 'Pepsiman'...I was having computer issues.
To answer your question...No, Scottrade won't charge extra commissions if it takes multiple fills to complete your order if they were executed in the same day that the order was placed.
Pepsiman...I wouldn't do "all or none" on an order because your never assured the MM will fill the entire order, regardless of its size. And if the "all or none" order is not filled when received by the MM, then it is automatically put last in line behind the other limit orders that haven't yet been filled. Hope this helps.
Meant to say...because your never assured the MM will fill the order...Leave out the word ENTIRE
Just between you and the board...what do you REALLY THINK?...Is Phase II a "SLAM DUNK" like so many feel?...don't worry we'll keep it confidential.
Regards,
H
Does this mean your suggesting a feeling of enthusiastic delight?
Regards,
H
Good analysis of our SP of late...our thoughts are running in the same vein.
What news agency/magazine/periodical are you associated with?
So you don't think my TA has any accuracy, ssc?...Then how would you explain my two most recent calls being up as much as 33%?...One in less than a month and the other in only 8 days...And on top of that, I even told you in our most recent run-up that resistance would probably occur around $.44...so what part of this seems to be inaccurate to you?
I'd say before you take a jab at someone at least have your facts straight from now on.
Be happy and try to stay "positive", for there is much to be optimistic about going into September and years end.
You said recently "My plan is to wait for $.20 to take a small position then wait for Offer to take his 100 bagger and happily move on."
Oh, so thats been the problem...well, no need to wait...I'll give you the $100 dollars now for your itchy bitcy tiny winy stock position...that ought to be the equivalent of Offer's 100 bagger and then some.
Be Happy