Wednesday, September 03, 2014 7:25:58 AM
Be aware that shorters can see the potential of this stock just as much as anyone else.
Last night was a typical.
The opening sell yesterday was a joke .10 down from the close at 68.5 who in their right mind would put 30k up for sale at .10 less than close.
What happened and this is my opinion the 30k was put up for sale at market. this is exactly what mm's wish for straight up the market is what ever the first sale sells for so they haven't and can't be held responsible for deliberately dropping the pps.
The manipulation continued through the day there was 15 sells in one block at .60 for 1k each in a row bang bang bang. That again is a cover. This wasn't so bad because it managed to pull us back up to .60 range.
I can't believe that people are so naive to put their shares up for sale at market, but if they have too, here are a couple of things they should do to respect the stock price and their investment! It's been a long time since this was discussed sooo I know I am not repeating any ones post.
There are 5 transaction types of sell or buys.
1. Limit
2. Stop
3. All or none
4. Fill or kill
5. Market
With regard to the open sell last night the person was probably convinced by their stockbroker to put their sell up as Market to see what happened. If I was that person I would be looking for a new stockbroker.
You need to tell your stockbroker how you want your sell or buy handled do not leave to them.
If you need to sell some shares and I think you are crazy, you should put them on at Limit in small amounts usually slightly higher than the Ask. I don't care what your stockbroker says if you do sell them you can move your sell up if you don't sell you can move it down.
I know every body knows this but I thought it was worth posting any way.
On a different note I would like to guess how many share holders we might have, if we have 200m shares with an average holding of 500k thats 400m share holders is this possible thats quite a lot.
wave
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