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Re: Mojocash post# 8340

Tuesday, 08/21/2007 6:45:18 PM

Tuesday, August 21, 2007 6:45:18 PM

Post# of 16882
Yep, consider the source. But there were apparently some pre-market shares traded and she might have bought some since a few (more reputable) traders also claimed to have bought some. Only one person (that I'm aware of) posted that he bought shares for .30 at the ASK. The others bought as low as they could buy. There are names for that kind of person but the names are not complimentary.

It's pitiful to think that some folks would act like ...well I still can't find an acceptable word to describe the person who would buy at such a low price when the MMs have their hooks baited specifically to catch such foolish traders. Those buyers think that they're making a "good purchase" but in the end, they are damaging the stock, everybody in the stock, and ultimately the company. But most of that kind couldn't care less. They're only in this life for what they can get for themselves at the moment.


I hope that the opening goes well with people buying at the ASK. Only then can the market control the MMs rather than the other way around, because they’re a greedy bunch as well. They'll take the money and move the bar upward.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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