Wednesday, January 13, 2010 5:25:05 PM
When people say, "Sell this pig! It's going back down to ___," that is the time to BUY.
When you see someone write "weeeeeee," that is the time to SELL.
I know it is very counter-intuitive, but that is the stock market - buy low, sell high.
ZVTK is on a low right now. BUY BUY BUY! I put another 300K shares today at .0079, bringing me up to 1.6M shares. I will do the same tomorrow if it goes below 8 again!!!
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By the way - I invest recreationally. I am no expert, but this is a really easy way to make money. All of those "golden crosses" and such are helpful guides, but they are not dogma. This is simple supply and demand based on investor confidence - which is manipulated by MMs that make money by "shaking the loose fruit" by lowering the stock price on good companies like ZVTK.
How EASY is it to put in a bid for .0078 for 5000 shares (38 bucks)and then buy it YOURSELF with another account (or have your friend buy it)???? Now the stock price is down to .0078, and the "loose fruit" starts panicking and selling their 100,000s shares that they bought for .0085 for .0078 - a loss of 10% on a stock with absolutely no PRs and no significant action.
Don't be one of those suckers.
(On a side note: I am still pretty amateurish at this. I made a BIG MISTAKE last week, and bought 20M shares of a pump and dump company because I did no DD, and I bought it based on some rumors from people who talked about it online. Now I am stuck with 20M shares of GEGP that I cannot sell....so those talking about DD are RIGHT! However, DD will show that ZVTK is a real company with real sales and real volume.)
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