Followers | 137 |
Posts | 3401 |
Boards Moderated | 0 |
Alias Born | 03/12/2012 |
Tuesday, February 13, 2024 11:50:42 AM
The way I see current level of interest in blfr is that it appears to be diminished. i am neither fooled nor concerned. i continue to increase my position regularly.
Whenever a decent company like this one seems to be cooling off for no obvious reason I know 2 things are surely at play:
1) People who are simply impatient at heart cannot tolerate watching the value of shares decline. It kills them. They'd rather take a loss to pursue something "hot" than to hold their position, so they do what players in the next category hope they'll do which is to sell
2) These people, who have cash, btw, know that the current price shown for a stock is just the sell price of the most recent transaction, even if it is but a few shares. For the outlay of very tiny amounts of money, these people can make the pps look as though the bottom is falling out, and that the stock is tanking. This scares the crap out of many buyers for a host of lousy reasons. Tada, lots of cheaper shares are now readily available. In 20 sessions or less, they can drop a stock's price by 80%. I see this regularly. You can even watch the accumulation data rise the whole time.
SOMEONE(s) are not ""distributing." They are accumulating. Using a similar strategy they can create an illusion that for some as yet undisclosed reason, the stock is becoming hot again. Buyers pile in, drive up the price to the point the patient one can easily recover the cost of the manipulation plus a hefty, tidy profit.
They fully count on a good percentage of the market to behave irrationally and it Always works.
Our "instant gratification" society works very much against otc investors.
Sorry for the long post.
Im crazy bullish on BLFR.
THV
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM