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I'm with you Skynet... of course, you are the one who lured me here to begin with so of course I am :p
That would be awesome. I am hoping that I can double down when my dividends come in.
Looks like we need a dividend here too, stir the pot a little.
Again, no real regrets. When I sold the shares I did, I still made money, which is the ultimate goal we all have in trading. I would have made more if I held all of those shares but my crystal ball wasn't working that day. Every penny I put into this I put in knowing that I could lose it all. I retired at 38 and this is all just "play money" anyway. I would like to attend a Monkinar someday but stocks is merely one of my iron in the fire and yes, I am invested in "C" as well so I do follow what everyone is saying about his strategies and picks but in the end, I follow my own path, usually holding some stock in a strong hand and some in a "weak hand". I will neither gain nor lose as much as some other people do but overall, I am very happy with my results.
I'm not even a real part of the team and I am holding tight. Even when it is declared that it is the time to sell I will probably keep a few thousand shares of this stock because I believe it has a future. I will admit that I flipped a few shares in the beginning and I could have made more than I will but I do not even regret that. I took a chance and it is silly to regret everything that doesn't go your way in stocks. When I flipped I thought I would be able to buy back in lower, I was wrong, oh well. But after a .10 divy, all of my shares would be free (and better)anyway.
Yes, I am aware of this. Thank you. I was not pretending to be a fortune teller in my original post. Just speculating based on what the dividends for other companies seem to be. Never mind; didn't mean to pee in anyone's cheerios this morning.
No, not at all. But it sounded to me like this was a special dividend that is to be decided on the 30th as opposed to a standard dividend. I'll reread it in case I misunderstood though. .10 a share simply could not be possible as a standard dividend on a stock this low. It's unreasonable.
Dividends (at least regular dividends, which this is NOT) should be 2-3% of the stocks value. If the fair market price of this settles to between .40-.50 a share after the squeeze we could see a penny a share as regular quarterly dividends.
Meh... let 'em take it down to a nickle a share. I am always up for picking up more when the price goes too far down. Based off of the dividend news there is little chance that anyone in their right mind would really want to sell for any reason OTHER than to drive the price down.
Please don't worry about bid support or anything else here. This is already a done deal. I personally would like to see it hit about .10 again a few seconds after EIGH hits its primary selling point so I can roll over the funds. Let this sucker drop, it will all work out in the end :)
I wasn't trying to sound like a know it all. I'd rather be rich than right. I am just saying I'll be glad to sell you my shares about the time it goes over $20 :)
I'll settle for 10-20. The days of Freddie going for 60 should have never happened in a truthful world anyway. I bough my first shares @ $5.90 thinking it wasn't going to go any further down hill (wipes egg from face). The preferred stock I bought will probably do significantly better than the common. But good luck, if you make money it will mean I have too :)
I'd bet $9.60 for every share I own it would work.
I would prefer for you to be right. I'll take money over "I told you so" any day of the week.
I've been lurking here long enough to know and understand the teams ownership. I only own air shares myself. I just wondered about the flippers buying and selling air shares perpetuating the MMs juggling act. I have no doubt that this will take off. I was only predicting an additional surge and drop to be added in by a bunch of flippers getting involved for a short stay.
I have mixed emotions about that news. Yes, new powder is good, but this will be from flippers which will prolong the agony for those going long. It is good news for someone here with the intentions of flipping but that is all. IMHO (and I hope I am wrong).
Ah, so its probably shorting fighting the price down? Good news, I may have to buy some more of this one.
Has this stock been getting shorted much lately?
Well darby this is your chance to make millions short selling CDIV... or wait, is that why you want to see it go down, because you were already shorting like the MMs?
Even an outside investor obeying the charts would see Friday's close slamming the lower bollie indicating a buy signal. I only regret that I do not have more money to invest. Frankly, I'd consider selling a house if I thought the prices would stay this low long enough for the deal to close.
Cheer up, you're wrong.
The price would be going up if not for manipulation by the MMs and the continued shorting which only digs their on hole deeper. The MMs can buy air shares off of each other all day long but even this will have its limit. I am not the best person to explain all of this but I do understand that things are not the way they appear. The MMs will profit from people getting the wrong idea which is why they dig the hole deeper.
Amen brother! I still own all of my Freddie Mac stock from a couple of years ago.
This is why I am not trying to be a high roller on this play is because I kiss that money good bye just before I send an order. If it loves me it will come back... with friends.
I am a n00b here compared to most of you guys and will not pretend to know much but I can tell you that the stock market is like a porn - someone is gonna get screwed and the MMs are the only ones that are naked.
More powder is coming...
I was floored when I came back and saw that. I put in an order for about 21,000 more in the event that happens again.
I just gave them a little slap on the ask for another 12k shares but it seems that they simulatneously filled an order at .0801 and the ask went back to .083. I don't type that slow :(
My part in this is too small to matter but I will hold the bulk until LG or Monk say the gig is up or $10 a share whichever comes first.
I love games. And that is all I am doing here is playing a game. I "invest" in real estate but with penny stocks I go in considering it a game and write the money off when I click the buy button. And when the MMs lay down 5 Aces I will not scream "cheater!" and cry I'll just keep waiting until I lay down my 6 Kings, take my money and go elsewhere. I will have to admit that for the size of the investment I made here it has been very entertaining to watch.