InvestorsHub Logo
Followers 28
Posts 1382
Boards Moderated 0
Alias Born 08/06/2010

Re: TraderForLife009 post# 2822

Sunday, 09/19/2010 8:10:55 PM

Sunday, September 19, 2010 8:10:55 PM

Post# of 79317
While some of these techniques might work in theory... they cannot be perfectly coordinated and executed amongst 50+ traders all with different levels of FUD and trading skill. We'd have to write a computer program and algorithm to take over everyone's IFXY holdings and not let any individual manually override.

I mean just imagine: everyone is pledging undying verbal commitment..."I WILL NOT SELL UNTIL .50". First of all, unlike the tally this price could not be announced on the board because that would give the sharks all they need to screw us. Even with our group, much as I like it....do we really think not a single member, knowing there will be a significant sell-off as soon as the stock touches .50...won't consider selling at .49 to beat the rush?

Anyone can say they would be "in" such an arrangement now. The unanswerable question is, will be that still be true tomorrow and every day after that? You know how pro football coaches like to give a public vote of confidence to their struggling quarterback? They say in a tough strong voice, "he's our guy". Then the player has one more bad game and they are immediately cut or benched! What they mean is, "he's our guy" until he's NOT our guy!

We already seen weak holders in the "FLD group". All of sudden, one of them was out. One thing I understand very well is group dynamics. I am absolutely certain at least a few others would change their mind when the pressure really starts building. And as we've all agreed, this only works if EVERYONE does it.