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Monday, December 17, 2007 4:03:54 AM
1] Print and sell new shares, and reverse-split annually.
2] Pretend to flip perfectly, based on charting, and
post your fake trades after the pump + dump is done.
3] Sell short, and make 90+% per year, on 90% of all pinks.
Also, regarding "charting" as a useful tool for predicting.
It only has a chance of being useful in a "free market" ,
and no chance of working on pinkys, which are 100% controlled
by the only1 share printer. And, you don't need a chart to
figure out that a pinky will always fall to a new low.
Aside: An old friend of mine was stationed on Pacific Islands
during WW II, as the "Comm Officer" , in charge of fixing the
radios, and using them to predict the weather, because his
islands were always mini U.S. Air Bases. Often, all radios
were "down + awaiting replacement parts" , which were only
"delivered" by planes that crashed on his island, and then
scavenged for parts. But, the lack of radios did not prevent
him from issuing 70+% accurate weather forecasts for the next
day. Because, in most of the Pacific, the weather for
tomorrow, is the same as it was today, within 2 degrees,
especially if there are no clouds at sunset.
Thus, proving that "charting" is only useful for predicting,
when nothing random, or interesting, or useful,
or profitable, is happening. Which is never true for pinks.
Except that the average pink loses 1% , every day it trades.
For an almost guaranteed drop of 90+% per year, forever,
or until bk, when it loses 100% overnight, but only once.
Averaging-down is profitable, for shorters, only.
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