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Re: xZx post# 38294

Wednesday, 10/14/2009 9:43:50 PM

Wednesday, October 14, 2009 9:43:50 PM

Post# of 375420
I agree, there was major manipulation on the stock today. It was all about bid swapping and taking it down but I noticed that even the MM's at the eod wanted to protect the chart.

It seemed to me they wanted to take it down in the morning and then let it come up for air at the end and grab as many legit shares from good hard working people as possible.

This is why I do not like the MM's at all they sit and wait for a minute bit of legit selling and then hammer the swapping to create more selling because people are really scared. We all see the volume and the lower price and assume there is substance to this price action and in most cases thee is not. What they want to create is substance to the downside and yur shares into their pockets.

Thats why I like being a long and always have. I find stocks that look like it has some very good potential and then I choose 5-6 to do *really deep* DD on. out of those 5-6 I chooe one. This is one I have chosen to go long on.

But we need to take a lesson from today and let it waffle in the middle of the day and do what it wants without the help of our shares. Take the opportunity to buy on the low and hold.

I bought plenty today and will continue to do so as long as it is a good pricing. I would buy this stock all the way up. it is that good. i plan on being in tis stock for a very long time and I will even make money on this stock when buyingit at 1.00. But like I said I am a long term hold.

Alot of people do not understand what long hold is..1 year is nothing on a stock that just keeps paying you. My grandfather bought International paper many decades ago and it has been paying my family ever since. If it a good stock why ever sell. As Buffett says when answering the question about when to sell a stock..his answer is if you have found a good stock the answer is never. (I paraphrased).

I feel this is an aquisition target once they get everything in place and prove the business model.

I just feel bad about good people loosing out to mm thieves. I hope nobody will let themselves become a victim to this kind of theft that we witnessed today.

Brikk I always enjoy your insight and level outlook. You never get rattled not even today. It is great reading your posts.

Sorry for the War and peace post.

Everybody needs to take the time to really DD this stock. Then you will sleep as good as I do at night.

T.