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Alias Born | 01/28/2013 |
Friday, November 06, 2015 9:50:13 PM
The sp traded 197k shares in the .03x levels on WED (including paint jobs) and only 30k shares in the .03x levels on THUR, for a combined $7,500. It was reminiscent of exactly a month ago when the sp inexplicably jumped into the .03x levels for 4 days before the dumping took it back down into the low-.02x levels. At least back then 1.1M shares traded, albeit for what was still a paltry $40k. If this price action doesn't convince you that flippers are actively trying to trade the .02x-.03x range and that the sp will be range-bound unless meaningful news comes, then nothing will, and you can feel free to continue buying and holding and holding and holding...
Follow the technicals. Until the Q3'15 10Q comes out, there are NO fundamentals that would have any legitimate basis of moving the sp. So many material changes have occurred impacting SCRC's business (most in adverse ways) that any numbers from a forthcoming 2014 10K or the Q1'15 or Q2'15 10Q are stale and meaningless.
Whether long-term holder or short-term trader, trading is the only intelligent way to "invest" in risky microcaps. There is no "us vs them" that exists in reality -- knowledgeable, experienced, and savvy "long investors" in penny stocks know that the smartest (which is also the safest and most profitable) way to invest is to trade around a core position, de-risk with these trading gains in order to take your original capital off the table as quickly as possible, and free roll with what then become essentially free lotto tickets in SCRC's long-term future.
Pure 100% buy-and-hold approaches are for suckers and are promoted only by criminals such as JOSEPH ZAMPETTI, SEAN FITZGIBBONS, and other members of the criminal CORE group who SCRC shamelessly climbed into bed with that destroyed shareholder equity for every LEGITIMATE shareholder out there.
GLTA...
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