Thursday, May 25, 2017 12:50:11 PM
Everyone pointing to the Market Maker (MM) firms swinging the price are correct. As the "makers of the market" they make money on the trading itself, and if volume is low and few trades are occurring as a result then they aren't making money, and therefore must act to create trading. And while this goes in both directions, unfortunately when volume is low the trading activity is usually created in a downtrend pattern via selling, which is why you often see those illogical trades into the bids. These trades scare folks due to their irrationality, whom in panic may sell as a result, thus creating the desired trading activity, which was the goal in the first place.
And when you see trading activity occurring like this due to low volume, so also do bearish shorts, and they further pile on by also selling into the bids firstly, then secondly coming into boards like these to trash the stock ad-nauseam, with whatever bs they can imagine, not just to upset or put fear into you, but also with hopes the occasional googler will come across their comments across ihub and the like, and feel despair about their holdings as well. This is all to create an enhanced environment of panic on top of the MMs' normal self-preserving moves, in hopes of grabbing whatever money those fearful stock holders choose to give up, by selling themselves out due to their fear. This is the root of every single trashy, silly, trollish comment you see, whatever their bs basis or reason claims to be for posting, and hence why they never cease. They are working to keep the stock down and scare folks out of their cash, simple as that.
Yet there is no reason to take a loss by selling, due to these short term swings, particularly if you believe in the company like I do. By selling on these swings, you are just putting money into the hands of these shorts, rather than patiently holding onto your shares as a long term stock holder should be doing. Long means long, so if you bought the stock to see it go up, well you'll simply need some of that long term thing called patience.
And if you got in bullish thinking this would be a quick trade, well while not ideal, you were only wrong on the quick part. This is one of those OTC stocks which will survive and make the jump and shed the pink, it's only a matter of time.
ACOL LONG AND STRONG
Branded Legacy Secures Exclusive Extraction Partnership with One of the World's Largest Kava Distributors and Producers • BLEG • May 30, 2024 8:30 AM
ECGI Holdings, Inc. Announces $2 Million Debt-to-Equity Conversion • ECGI • May 30, 2024 8:30 AM
North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM
One World Products, Inc. Issues Shareholder Update • OWPC • May 29, 2024 8:20 AM
Green Leaf Innovations, Inc. Engages Olayinka Oyebola & Co for Two-Year Audit • GRLF • May 28, 2024 8:30 AM
HealthLynked Introduces AI-Powered Chat Function to Enhance Healthcare Accessibility • HLYK • May 28, 2024 8:00 AM