Saturday, August 30, 2008 3:32:19 PM
"...Why can't any of these stinkies let it go to the sky for once ? Wouldn't it advantage them as well as us ???..."
I've often wondered that myself aswell terror...
Why some guys just keep selling their stock into the ground no matter how good the story is, without letting it breath vs selling it slowly as its getting pushed higher and keep the charts looking good...
But it seems some guys just feel the need to slam any bid that appears and can't stand to leave the bids alone for more than an hour without having to whack it with at least some amount of shares.. & when someone drops below their ask, big no-no, they immediately go lower to stay lead ask as they are worried someone else will get a few dollars instead of them..
Either they just don't understand the churning effect, constantly letting people in and out of the stock as it progresses higher as opposed to one day having a whole bunch of upset people selling it off to a lower base which just gets sold off to a lower base and so on as they remain lead ask and do not budge, no matter how much is thrown at them, $10-$20-$30 grand, not enough...
The only thing I can think of is that it would just create too much attention and would blow out of proportion.. So they constantly just crush it into the ground so as to stay off the radar and suck in whoever feels its undervalued, but they don't allow it to take on a full-scale momentum breakout as this would create a whole bunch of unwanted attention both from type of inevestors and also regulators.. if this ran to .20, .30, .50, you know how much attention it would get?
Not saying that's whats going on here.. Not sure yet, but
there is no reason for such large amounts of selling we have been witnessing the past few trading sessions at around .02.. It's literally vicious selling... We all know the Q is on its way so its obviously not us.. I mean, within a minute or so of a bid appearing at .02 it gets hammered away.. There is no way imo, there can be that many people selling out for losses from higher prices.. and it is not flippers, unless they playing .019-.02.. Which I just dont think many are.. It just never ends though... & all of this right before earnings release which is more than likely going to be very positive.. just doesn't add up.. and why has there never been a PR about something as major as Wuxi being a subsidiary?
i'm positioned here low .02's for numerous reasons, too early? might be, thought it was a bottom, trapped, which is why I'm posting here, cuz im in and now waiting. i dont want to sell for the minimal loss yet, rather waiting for the good news to unfold if there is any and it will send this higher.. but obviously I have my exit points as well as I'm sure so do many others.. They need to let this thing breathe soon as we've come dangerously close to setting new lows at .018 a couple of times now, and if that happens imo, i know not only will I and a few others no longer be around, which probably won't matter, but there will also be a snowball effect here which will drop this down to .01 - .015 imo as they won't be the only one's selling anymore, people losing patients and playing certain technicals will leave aswell.. + nobody wants to be in a stock thats putting in new lows until they can see an obvious sign of recovery, and where we are at right now should be it..
but if they are willing to dump 50% lower than .02 by all means they should keep the selling pressure on.. and see how much they can get off at .015 and .01 before same things happens again and forces it even lower.. but as we all know, if they just eased off the ask a little bit and sold a few shares on every uptick instead of holding it and not allowing it to move higher, this thing would just keep moving up based on evaluations... we've seen this in the recent past as the stock was driven over .15.
Traders are happy as they can come in and out for profit and provide the company with added liquidity and the company is happy as they are selling stock at .15 instead of trying to get a few off at .02.
Yes, traders would exit and sell at certain points, but new ones would enter based off charts, fundamentals, hype wtvr.. and keep pushing it higher... when you keep loading people up with shares and not letting up off the ask, eventually comes a point when they drive it into the ground very quickly as technicals break, panick sets in started by lost patience..
its the only thing i can think of why some guys don't let it run, not creating attention... otherwise you have to wait and add up the amount of shares which have traded and when the 25M shares have hit the market, maybe the overhead pressure will be done.. but usually thats when the o/s increases and it all just starts all over again... this will never work, im just saying..
i like the story here and as we all know it could be trading much higher, but we need the company to work with us and if they are not going to then this is a dead-horse.. Cannot be a one-sided realtionship here.. Traders/investors will buy some, but it needs volatility and traders need the ability to sell higher.. Boxing the ask at .022 while slamming any .02 that appears, does not allow for volatility and stops people from wanting to buy.. imo, either this is the company, or a group which may or may not be working with the company to keep people away while they accumulate, wtvr.. but probably the former..
but really, its out of our hands.. we've done our part, if they are not going to stop selling and let this breathe and move higher than this is just ticking away to destruction and there is nothing we can do.. hopefully this is not the case and we can start moving higher after the holiday..
i asked Karen @ IR to put out a PR on the Wuxi connection which she passed on to the company along with some of her suggestions. but if they are not going to PR it, what can yah do? just have to make judgment calls based on what we know and what we see occurring in front of our eyes..
with the info they could release and with the solid numbers coming out over the next few weeks, this thing could really get on a tear, which is why we're all here... just need some cooperation now..
balls in the companys court.. lets go boyz....
I've often wondered that myself aswell terror...
Why some guys just keep selling their stock into the ground no matter how good the story is, without letting it breath vs selling it slowly as its getting pushed higher and keep the charts looking good...
But it seems some guys just feel the need to slam any bid that appears and can't stand to leave the bids alone for more than an hour without having to whack it with at least some amount of shares.. & when someone drops below their ask, big no-no, they immediately go lower to stay lead ask as they are worried someone else will get a few dollars instead of them..
Either they just don't understand the churning effect, constantly letting people in and out of the stock as it progresses higher as opposed to one day having a whole bunch of upset people selling it off to a lower base which just gets sold off to a lower base and so on as they remain lead ask and do not budge, no matter how much is thrown at them, $10-$20-$30 grand, not enough...
The only thing I can think of is that it would just create too much attention and would blow out of proportion.. So they constantly just crush it into the ground so as to stay off the radar and suck in whoever feels its undervalued, but they don't allow it to take on a full-scale momentum breakout as this would create a whole bunch of unwanted attention both from type of inevestors and also regulators.. if this ran to .20, .30, .50, you know how much attention it would get?
Not saying that's whats going on here.. Not sure yet, but
there is no reason for such large amounts of selling we have been witnessing the past few trading sessions at around .02.. It's literally vicious selling... We all know the Q is on its way so its obviously not us.. I mean, within a minute or so of a bid appearing at .02 it gets hammered away.. There is no way imo, there can be that many people selling out for losses from higher prices.. and it is not flippers, unless they playing .019-.02.. Which I just dont think many are.. It just never ends though... & all of this right before earnings release which is more than likely going to be very positive.. just doesn't add up.. and why has there never been a PR about something as major as Wuxi being a subsidiary?
i'm positioned here low .02's for numerous reasons, too early? might be, thought it was a bottom, trapped, which is why I'm posting here, cuz im in and now waiting. i dont want to sell for the minimal loss yet, rather waiting for the good news to unfold if there is any and it will send this higher.. but obviously I have my exit points as well as I'm sure so do many others.. They need to let this thing breathe soon as we've come dangerously close to setting new lows at .018 a couple of times now, and if that happens imo, i know not only will I and a few others no longer be around, which probably won't matter, but there will also be a snowball effect here which will drop this down to .01 - .015 imo as they won't be the only one's selling anymore, people losing patients and playing certain technicals will leave aswell.. + nobody wants to be in a stock thats putting in new lows until they can see an obvious sign of recovery, and where we are at right now should be it..
but if they are willing to dump 50% lower than .02 by all means they should keep the selling pressure on.. and see how much they can get off at .015 and .01 before same things happens again and forces it even lower.. but as we all know, if they just eased off the ask a little bit and sold a few shares on every uptick instead of holding it and not allowing it to move higher, this thing would just keep moving up based on evaluations... we've seen this in the recent past as the stock was driven over .15.
Traders are happy as they can come in and out for profit and provide the company with added liquidity and the company is happy as they are selling stock at .15 instead of trying to get a few off at .02.
Yes, traders would exit and sell at certain points, but new ones would enter based off charts, fundamentals, hype wtvr.. and keep pushing it higher... when you keep loading people up with shares and not letting up off the ask, eventually comes a point when they drive it into the ground very quickly as technicals break, panick sets in started by lost patience..
its the only thing i can think of why some guys don't let it run, not creating attention... otherwise you have to wait and add up the amount of shares which have traded and when the 25M shares have hit the market, maybe the overhead pressure will be done.. but usually thats when the o/s increases and it all just starts all over again... this will never work, im just saying..
i like the story here and as we all know it could be trading much higher, but we need the company to work with us and if they are not going to then this is a dead-horse.. Cannot be a one-sided realtionship here.. Traders/investors will buy some, but it needs volatility and traders need the ability to sell higher.. Boxing the ask at .022 while slamming any .02 that appears, does not allow for volatility and stops people from wanting to buy.. imo, either this is the company, or a group which may or may not be working with the company to keep people away while they accumulate, wtvr.. but probably the former..
but really, its out of our hands.. we've done our part, if they are not going to stop selling and let this breathe and move higher than this is just ticking away to destruction and there is nothing we can do.. hopefully this is not the case and we can start moving higher after the holiday..
i asked Karen @ IR to put out a PR on the Wuxi connection which she passed on to the company along with some of her suggestions. but if they are not going to PR it, what can yah do? just have to make judgment calls based on what we know and what we see occurring in front of our eyes..
with the info they could release and with the solid numbers coming out over the next few weeks, this thing could really get on a tear, which is why we're all here... just need some cooperation now..
balls in the companys court.. lets go boyz....
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.
