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Re: RyanEOD post# 99355

Thursday, 03/25/2010 7:19:58 PM

Thursday, March 25, 2010 7:19:58 PM

Post# of 289430
"So, then why wouldn't someone throw a buy order in at .0001 and then if it goes up to even 0.0002 they have made 100%."

Life is that simple, eh? You say it can't go any lower? Lol.

If you throw a buy order at 1 right now you are bid sitting. The brokerage sets aside that money for the possibility of a future trade. You are not earning ANYTHING from that money sitting around. THEN if you happen to get filled you have to wait in line (again) to sell at a hopefully higher price.

People here have been doing exactly this AND getting filled (and you should know that because you are one that has been buying on the way down) BUT the problem is that the price consistently goes down and shareholders are unable to sell at the higher price because of dilution. >The one good thing that might occur is once dilution is maxed out there should be a pop in price<.


"What gets me is some people won't sell because they believe it will go up, but yet they slam it all day so that anyone walking in here runs for the hills screaming. This doesn't make sense to me."
Never heard of something called a "warning"? Emotions run high when someone has "invested" tens of thousands of dollars and then watch it dwindle down to a fraction. They don't sell because they still have "hope" yet will not falsely pump because of their "good nature".

Unfortunately "good nature" is incredibly overrated in terms of sub-pinkie stocks.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y