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Re: awakeinthemorning post# 70

Friday, 03/04/2005 2:32:19 PM

Friday, March 04, 2005 2:32:19 PM

Post# of 113
Awakeinthemorning, My opinion and experience tells me there ARE more shares, a few days ago (when I first bought some) it was trading like there was more demand than supply for that day (or else MM's created that illusion) I fell for the trick and bought. By the next day the price dropped as NITE stayed in control, I saw the 4 million and 1 million sells just under the bid (at 1:27 and 1:29pm) along with other big sells, that's the dilution already. I thought they need to file to issue more, I don't know if that's always the case - I'm still learning all this. Not much money involved for me here so I did the common mistake, averaged down at .007 as it looked to have bottomed. OK, fine, now I wait but my patience will wear thin soon...as long as they dillute it will go down, good news coupled with a stop or slowing down of dilution could create an awesome little run. Like I said, not much money in this one so I was able to study it without all the negative emotions. I watched NITE stay well over the other MM's when he could - that gave him room to totally contol the pps. I could go on and on but I think I already have. The transfer agent never got back to me. The bright side(?), these are pennies stocks - anything can happen.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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