InvestorsHub Logo
Followers 192
Posts 4375
Boards Moderated 1
Alias Born 08/27/2009

Re: just Scottie post# 8840

Monday, 11/02/2009 10:08:38 PM

Monday, November 02, 2009 10:08:38 PM

Post# of 42439
Oh really? There was an "Epic" sell off? Lets look at how we got to the price we are at now shall we? On Friday, it dropped 3 cents.... From the conversion price of .10 to .07. THERE WAS NO SELLING. There was something like a buy ratio of 7 to 1 that day. The MMs HELD THIS DOWN ON FRIDAY! That is NOT a "SELL OFF".

Lets look at what happened today, the MMs let this trade normally. And it dropped a whole whopping 1.5 cents.... Sure after Fridays loss of 3 cents, it all adds up, but if you had any idea how to read the damn charts and actually understand the data you would know there was no "Epic sell off". In fact, it was the exact oppsite! There was insanely strong buy support on friday, and then today, there was some weak hands that sold off, but it HELD STRONG at .05. There was good support at 5 cents all day long after the weak hands got out early on.



If this thing opened at 7 cents today and then dropped to 2 cents, that would be an "Epic sell off" assuming the MM werent playing dirty games again. There was 500k buy orders to 745k sell orders.... Wow yea what an "Epic" sell off today...


Look I know you are upset because your stock is down 50%, guess what, I am in the same company and mine is down 50% as well. It totally sucks. But stop over reacting about it. There was a R/S, there was going to be some weak hands that were going to get out, it's just that simple. If you actually thought this was going to shoot up right away then you clearly are not an experianced trader....

My whole post the other day was inresponse to you, and others on here OVER REACTING about what was happening with this company. You just "overreacted" again in your replys today. Everything that has happened is normal after a R/S. We got great news about this company, the R/S is again exactly what this company needed. And the fact that they just bought another good company with great assets is outstanding. On top of that, we got what should be great earnings coming in the next 2 weeks and that should really get this moving nicely. And who knows what other good news this company has.


There was good volume today, good support at .05 cents. Hopefully that will be the bottom and it will hold there before going back up. I have no idea what will happen with this company short term, but based on everything, it should go up nicely when earnings come out, if not before then. The weak hands appear to be out now, and this should be ready to move up nicely on good news.

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.