Cardinal Resources Inc fka CDNL

[SmartTrader10]

This is so true! It's what actually have done 3 times with cardinal and it sparked runs... But at these levels, it's hard to do it. Someone else tried it again today and even their attempt failed because there was no additional buying pressure. Everyone wants more shares, but no one is willing to support the buying pressure by selling out and then buying back in at the ask. It's a double edge sword. You might lose some position, but you gain momentum and in-turn make more money. It's crazy that no one gets this... I've personally done it with CDNL and with AWGI before dilution.

We're never going to sustain runs because everyone wants to bid sit and not making any attempt to buy the ask and push he price. FYI... I dropped $24k on cardinal Friday at opening... That's what pushed the price because I set my bid at .018 when it was at .0139. It filled all the way up to .0159 before it came back down, and then it was thin enough for others to put buying pressure because they felt the company was buying (which they probably were too). But it takes a concerted effort to move the PPS. It's evident we're going down to .012-.013 before the week is out because buying pressure is weak. Gonna take a while to get back up to .018-.02