WOW some of you guys REALLY underestimate your power to control the market. It's much like voting - if you abstain, you don't control anything at all, although you do have that right. In the market you have MUCH more control than voting, because each share is a vote of confidence. If a flood of votes comes in at the right time - YOUR CANDIDATE WINS!
I have, with just a few grand, made stocks rise or fall. I'm talking about low floaters, some with floats smaller than XTMS will have.
I'll tell you what - naked short rings don't think it's "the stupidest thing I ever heard" to group up and sell, sell sell... what happens? They CONSISTENTLY beat up a stock until it submits, like a pack of hyenas on a buffalo.
If you reverse that scenario and have a pack of buffalo surround a lone hyena, they could do the same damn thing. They could easily crush that laughing hyena. But instead they live in chaos, ignorant of the power their wield.
YES, I'm telling you I am buying at the end of the day tomorrow. If you think someone is going to thwart my plan because I announced it to the board somehow - then I ask you, who is the idiot? Lowering the bid you say? HA! PLEASE lower it, I want cheaper shares!
Stealer wrote: "that might have been the dumbest thing I've heard on these boards. EVER. (no offense taken I hope)"
Who in their right mind wouldn't take offense at being called dumb? Thank you for making that so easy to respond to, Stealer.
Gambler wrote: "but to announce it publicly is doubly foolish..."
Any why? Providing a reason with your criticism would make it sound more intelligent. I have reasons for the things I post, try to follow along:
Selling in the morning and buying back end of day represents double volume on your shares, and avoids the day trading rules of a round trip. Volume = good for a stock you are long on, correct?
A large buy end of day is great for a stock before a 3 day rest, setting it up for a possible PR on Monday. Is there ANY risk or damage this could incur? If not, then WHY IS IT FOOLISH? It's just different thinking than you are used to. Please retort with logic - that's how I best communicate, rather than slander please.
If you think I'm a shorter trying to steal your shares (lol) then don't sell - but if you're considering buying, also consider buying with the group as a show of support for the company.
IMO XTMS is doing their part with the share reduction, and have been clever in their tactics. We owe them the same.
