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Re: Rich post# 91901

Wednesday, 07/08/2009 12:06:05 PM

Wednesday, July 08, 2009 12:06:05 PM

Post# of 241044
wnbd is finally a great money maker,,,
since the trading $-volume is now over $25k per day ,
and the price bounces are averaging over 25% per day .

About 1 Billion common wnbd shares traded last month ,
for a June monthly $-volume of ~$10+ Million.

Obviously , it must have been mostly flipping , [unless the
supposed 'trading float' is no longer still anywhere near
the still totally unverifiable 1 Billion wnbd commons] .

Anyway , the float , and its growth , does not matter much
to the flippers ; compared to the trading price volatility ,
and the daily $-volume liquidity.

And , both are way up , since the wnbd CEO decided that it
was finally the tipping time to hire a Pro IR guy .

Sincerely , ex .
And , GLTA winning day-traders .

P.S. ; Usually , on newly awakened momo stocks , the pro
flippers + day-traders [long or short] can quickly bank
short-term profits of ~50% of the daily % price bounces ,
multiplied by the daily total dollars traded .

So , for last month , with ~$10 Million traded , and a daily
high/low spread of ~25% ; we expect that the new traders
probably cleared in + out with :

$10,000,000 x 25% x 50% = $1,250,000 profits in June ;
with shorters collecting ~40% of the total.

That's ~$500,000 for the shorters , who are almost always
all + only day-traders , in any penny , especially if pink ,
and Non-U.S. , just like wnbd .

By the way , day-traded shorts are Never reported , anywhere ,
because they are NOT Still Short , when the market day ENDS.
Shorters don't need the risk of being short overnight , in
any totally non-reporting + non-U.S. pink/penny. They just
cover their shorts every day. And, if the next day is still
looking good, they just re-short + re-cover. And, many even
compound their daily profits , via the profitable short form
of the long-losing 'technique' of averaging-down. [When a
day-trading shorter collects a 20% profit , he often just
shorts 20% more , the next day ; and then 40% more , etc ,
until the bounce-back is completed.]

Averaging-Down is profitable for shorters , only [and All pinky/penny CEO's + Brokers + M&M's].