InvestorsHub Logo
Followers 27
Posts 6485
Boards Moderated 1
Alias Born 10/16/2004

Re: DD-214 post# 76916

Thursday, 08/05/2010 5:15:17 PM

Thursday, August 05, 2010 5:15:17 PM

Post# of 103340
You are correct a 50% increase in one day
of trading is nothing to shake a stick at..However you do just that..

"up to last Sept 14th, yesterday's news would have rallied this several hundred percent just in a day"..

We all know that day traders and flippers love those several hundred percent gains as well as the several hundred percent declines right after that kind of move in EXPH..Much more profit to be made in that kind of trading..

You go on to say that this "does not bode well for newcomers or faithfuls"..

I have to disagree..Quite the contrary..I would prefer to see slow increases and smaller pull backs over a period of time just like the big board stocks trade when they are improving the bottom line..

Therefore..I have to disagree with the first statement you made..

"JD and his faithfuls are suffering consequences of his actions over the past year.."

I believe that we are just starting to see the reverse of what use to be common here..News comes out and selling wipes out the news on the first day..

4Kds is right..not putting the news out before the market open or during trading is a big step in the right direction to curb traders from making those huge swings in trading..I hope the company continues to keep us and more importantly flippers guessing as to when news will come..4Kds is also right..there are many long shares being held and less shares to be swapped back and forth which also limits those huge percentages you speak of..

I would say that those that bought at .0005 and sold today for whatever..will now want to see the pps head back down to rinse and repeat..In that case we can start talking again about Glenn's side business..what the dog houses are made of.. or that only one broker has decided not to allow buys when BofA/Merrill Lynch and all other brokers believe it is OK to buy EXPH..

The problem is someone is going to have to take a loss or make little profit to sell to those doing that and it won't be me doing the selling..I would guess by what we believe to be coming it will be harder and harder for many to let go down here..In any case to each their own..I could care less about 50% up move in one day when I am looking for much much more over the long term..However it is a great start for the longer term holders..

To SBB..Your posts keep looking at the past and in the most recent post..ancient history as far as companies are concerned..Companies do and have changed through growth from their beginnings..I believe most here now realize that this company is growing in both production and in size..They see that past management has talked about their limitations of moving the company forward without new leardership and is taking steps by hiring a new CEO to achieve that goal..The company has taken steps to reduce debt on a quicker schedule all the while retaining huge customers who want to increase orders..They have banks and creditors willing to renegotiate terms of lending..We have eyewitness accounts along with pictures..that show that the company is increasing production..The company has also acquired another company to help with that increase while at the same time increasing revenue..

That has all happened and more since what you mentioned happened in the past..In investing..you look to find a company that has taken steps needed to improve the bottom line..You also look for companies that have been beaten down that look to be reversing past misstakes..I believe you even posted that is what you look for when investing..Something along the lines that when everyone is yelling at the top of their lungs to sell that is when you buy..Well I hear you yelling..but I already bought my ticket for the ride I believe to be coming..GLTA...veno

To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..