InvestorsHub Logo
Followers 88
Posts 3679
Boards Moderated 1
Alias Born 09/30/2005

Re: xero90 post# 117

Thursday, 10/18/2007 5:23:21 PM

Thursday, October 18, 2007 5:23:21 PM

Post# of 515
Bashing to get in lower rarely works, because of the psychology involved in the longs.

While bashing may stop a few new people from buying in. It has the opposite effect on a long. It will cause them to dig in their heels and buy more or hold when they were planning on selling.

People think it works because when the bashers show up the stock is close to having run its promotional phase and is being dumped down by steady dilution. This is when the sellers make the most cash as people that bought high, buy more to average down. I expect it will take 2 billion shares to knock out the CBAY .0001 bid now because of this.

Take CBAY for example. I started posting warnings about it at the start of the promotion at .0002. It ran up to .0006. Now the promotion is over the .0001 bid is being hit with 9m share blocks. That selling is not personal investors.

I mean after all the promotion was based on a 8k filing that stated 41m OS.

The longs think the bashers caused the price to fall so they could get "cheap" shares..lol.. I'm not the one who wacked out every bid. While the thread leaders were calling for bids to be put in to force the "shorts" to cover.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.