Monday, October 29, 2007 3:46:22 PM
Buddy,
I just don't see a reason to fight the "low quality" PPS right now. Here is my thought, if you look at the 6 month chart you will see that on 6 ocassions we hit 40M in volume or better. Five of the six times were before the early August sell off. I will get back to that.
So out of those 5 heavy volume days we are on the plus side 4 out of 5 times! Then we have the early August sell off down to $.0045 with an immediate recovery to over a penny within days.
Since then we have had only one day of 20M in volume. So in my book this is all "light" volume in shares. So on the early August sell off we see the PPS go down to $.0045 and quickly back to $.015 within a few days. THIS IS OUR RANGE. I will not elaborate about the 1 day we hit $.0045 but none of us was able to get it at that price. Some here have speculated that it may have been someone setting a stop order and the MM's walking it down to pick up the shares. I believe it was a 2 million block of shares also.
All through out the rest of August to early October we traded up and down between $.01 and $.012. Tading could have taken place during this period if someone wanted to. You can see my post about how SWARM would have done it using only the (9)MA as a swing point.
So now we go below $.007. That's why I say on low volume we will continue to trade from $.0045 and $.007. It's perfectly normal. This stock is taking a little breather. I think we will see this until Spring '08.
People want to see #'s. I can understand that now. So why fight it? I sell my tradeable shares and keep my "core" so I don't get caught without any. It's just a normal thing that every stock will do.
I personally love the last PR's speking of how Paul is strategically putting us in a position to grow in the near future. He is right. Sooner or later people will have to take notice of the market share that Spooz will have in place. We are first to market with the technology. We have a product. We have investors.
But why speculate on the products, the technology or anything else at this time while obviously others want to see #'s. We can trade and make money also while waiting for the move. It's risky but isn't investing in "pinks" risky anyway?
JMHO,
Boca_Bobby
I just don't see a reason to fight the "low quality" PPS right now. Here is my thought, if you look at the 6 month chart you will see that on 6 ocassions we hit 40M in volume or better. Five of the six times were before the early August sell off. I will get back to that.
So out of those 5 heavy volume days we are on the plus side 4 out of 5 times! Then we have the early August sell off down to $.0045 with an immediate recovery to over a penny within days.
Since then we have had only one day of 20M in volume. So in my book this is all "light" volume in shares. So on the early August sell off we see the PPS go down to $.0045 and quickly back to $.015 within a few days. THIS IS OUR RANGE. I will not elaborate about the 1 day we hit $.0045 but none of us was able to get it at that price. Some here have speculated that it may have been someone setting a stop order and the MM's walking it down to pick up the shares. I believe it was a 2 million block of shares also.
All through out the rest of August to early October we traded up and down between $.01 and $.012. Tading could have taken place during this period if someone wanted to. You can see my post about how SWARM would have done it using only the (9)MA as a swing point.
So now we go below $.007. That's why I say on low volume we will continue to trade from $.0045 and $.007. It's perfectly normal. This stock is taking a little breather. I think we will see this until Spring '08.
People want to see #'s. I can understand that now. So why fight it? I sell my tradeable shares and keep my "core" so I don't get caught without any. It's just a normal thing that every stock will do.
I personally love the last PR's speking of how Paul is strategically putting us in a position to grow in the near future. He is right. Sooner or later people will have to take notice of the market share that Spooz will have in place. We are first to market with the technology. We have a product. We have investors.
But why speculate on the products, the technology or anything else at this time while obviously others want to see #'s. We can trade and make money also while waiting for the move. It's risky but isn't investing in "pinks" risky anyway?
JMHO,
Boca_Bobby
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