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Re: None

Friday, 04/21/2006 11:43:40 AM

Friday, April 21, 2006 11:43:40 AM

Post# of 92056
OT: Here is some interesting MM reading I copied from "Rager's Page" in IHUB post#316 if you want to read the whole post.

"Know their games. Know what they are trying to do - that is, make $ at YOUR EXPENSE. Making a market for them is secondary to making $ - always remember that... How can you beat them at their own game?? Simple - BUY stocks with EXCELLENT management, a unique and scalable product, and buy them when others either are panicked or are unaware of the potential. Then, hold them thru the frenzy. The ups, the downs, the non-action - just hold - and reevaluate management's ability to execute their business plan at certain key points - quarterly. Do not sell when the stock drops on no news if you believe in the fundamentals and the ability of management to execute. IF you need to sell, sell into strength. IF you do not need to sell - just hold LONG - by that I mean YEARS.... MMs think, and rightly so, that most people who buy OTC stocks are not LONG TERM INVESTORS. They think they are here for a quick buck, and most are - that is why MMs are so successful at manipulating the stock and scaring "investors". If one really goes LONG, that throws the MMs off. If the float is whittled away by real long term investors, the MMs have less leeway to play their games. Then they HAVE to make a more fair market, and they HATE that..." Note the last two sentences.

When I put my GTC sell order in yesterday at a much higher price than the current market, those shares in effect became unavailable for trading in the current market.
Thoughts anyone? Criticism makes one wiser (unless you are Baddog) and I welcome it.