Jed wrote: "How do we as a group with quite a few shares swing this thing our way?
How do we get more pro active?
How do we become our own MM?
How do we....?"
I am so happy that you asked! :)
Step 1. We ALL have to understand that we have a valuable stock in our hands. Some owners have a few thousand shares after the split, some owners have hundreds of thousands of shares. If we play together, just as the market makers do, we all are going to do well.
Step 2. This is about making money and not about ego. Right? We need to treat this stock and this board with RESPECT. There are other POTENTIAL INVESTORS watching. Negative activity can sway them away from buying.
Step 3. We have to begin buying the shares to increase the stock price NOT to have more shares!
Think... ** SUPPLY & DEMAND **
A stock, just like any commodity is worth whatever the buyers think it's worth, therefore, if WE value OUR STOCK, the buyer will reward us by paying more for it. This creates an upward trend.
WE CAN SET THE PRICE!
MARKET MAKERS
In the last week, the market makers have been in control of the price of OUR STOCK and have been driving the price down, simply because we are not buying up towards OUR PRICES.
You can not blame them. They are into this to make money and they make their money when the price goes up or when the price goes down. Frankly, without most of you knowing, they have made tens of millions of dollars on the backs of owners and former owners here in the last year.
It's easy to see what they are doing by watching LEVEL II (TD Ameritrade). There you can see the bids all day. I will talk more about this later.
................................
HOW TO INCREASE OUR STOCK PRICE
................................
There are a few ways to do this, which I will get into soon. The #1 way to do this is to avoid buying CHEAP SHARES. I will get into HOW to avoid the Market Maker's low bids soon.
It's our stock, it's our money! We Control!
It's About Us!
SF
