ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

its a penny stock.. dont hold for long but ride the uphill wave!!!

This is one of the few honest posts that have been posted here in the past couple of years. Thank you Mikosims.

As most know, it's all about watching your entry/exit/re-entry points. Beyond that, everyone is free to take some of all of their capital off the table, let it all continue riding, trade around a core position in order to collect as many free-rolling shares as possible to hold as free lotto tickets for SCRC's long-term future, or simply cash out and run. Plenty of room for all types here.

So for those trading SCRC, here are some metrics that may be of interest to you:

Although 765k traded today, the dollar-volume was only approx $65k (based on the approx VWAP today of .085). Remember, look at dollar-volume and NOT share-volume, especially since we are at historic lows right now and so a share today is NOT the same thing as a share a few months ago when the sp was hovering around the .20's. $65k is nothing. It is literally anywhere from 2-6 average sized retail traders planting their roots here while they wait for the SCRC cake to bake. So the buying interest is shaky right now. Although the first investor conference in Q4'14 seemed to spur buying interest, the most recent conference in Q1'15 did not. So who knows what next week's conference will do -- but it is a legitimate speculative play.

Even yesterday's 2.97M share volume day translated to only approx $215k in dollars (based upon an approx VWAP of .074). A measly 1M shares brought in a comparable amount just a few months ago. And over the past 3 days, even with almost 13M shares traded, it didn't even result in $1M worth of dollar volume.

Point being, look at the dollars traded to get a truer glimpse of the magnitude of buying interest. It is clear as day that penny flippers and technical traders are swarming to SCRC after seeing the sp fall off a cliff. Do NOT be fooled by the pathetic pumps by the criminal homophobe JOSEPH ZAMPETTI and his fellow Section 17(b)-violating CORE members who hold boatloads of free and deeply discounted stock (doled out to them courtesy of our very own BS Schneiderman, no less) who are trying to convince newbies that it is big-money TUTs and other "long term investors" who have been scooping up all the shares traded the past few days.

Also understand that some traders will begin flipping as soon as 15% gains are achieved, with each additional threshold (i.e. 20%, 25%, 30%, etc) triggering more flips. That's fine; that's the way to get yourself onto the Leaderboard here at the pennyland arcade. In fact, the selling has already begun for some -- after all, there is a reason why we have already hit resistance and can't seem to get past the .08x levels. Hopefully the conference next week will bring in enough new buyers to overcome the expected sellers and push us into the .09x levels and beyond.

And with not too many dollars having been traded at either the .06x or .07x or .08x levels thus far, be aware that the bases at these levels are very thin and weak right now and that it would not take much selling pressure to send this back to the starting line again.

GLTA...