News Focus
News Focus

@-@

Followers 77
Posts 10056
Boards Moderated 1
Alias Born 10/28/2007

@-@

Re: doebop post# 39752

Sunday, 09/13/2009 5:42:14 PM

Sunday, September 13, 2009 5:42:14 PM

Post# of 45774
They have made it clear on what the philosophy is-- make the price go lower then get the .0001/.0002s then sell off at .0006 and do it again.

My problem with the strategy is:

1. It's just not right to scare other investors out of their shares, and by doing so it also takes away a long investor and requires a new one step in. People will naturally leave during the quiet periods because they are flippers, but to scare someone who isn't a flipper does the long term prospects harm.

2. It's ok to sell off some shares during the runs, but the better strategy is to sell no more than 50%. If this is done over and over, we'll have the float tight and each run will be higher and higher with a lower bottom.

3. I really don't want this to fall to .0001. I am happy with .0002 as the bottom.

DISCLAIMER: I am a dirty, rotten penny investor. I am not compensated by any stock. I've asked them to pay me, they refuse. I buy stock on the open market. I sell it there. I like money. I am greedy. I am under the care of a psychiatrist.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y