InvestorsHub Logo
Followers 20
Posts 1390
Boards Moderated 0
Alias Born 06/16/2004

Re: Olanda post# 7024

Wednesday, 04/06/2011 2:10:24 PM

Wednesday, April 06, 2011 2:10:24 PM

Post# of 9963
It's simple. Low demand for this stock = low share price. If there is ever a point in time where there are more people interested in buying than selling the SP will go up. The way I look at it there is an overabundance of shares for sale (most likely CCTR insiders selling to raise capital).

But in my opinion, even if this stock is 100% diluted to 3B shares, the current SP is still way undervalued. That's why I'm holding onto my shares for now. Stocks like this can make a person 10 years worth of gains in a single day. Not too long ago 700 million shares traded in a single day, that wasn't chump change even at the current share price ... and it could happen again. Hate to be sitting on the sidelines if it happens again.

But by all means trade this on pops, and buy back after the SP gives it all back plus some. That's how to make money in stinky pinkies. Never buy and hold these or you'll never make a dime of realized gains. You gotta flip em. Hell, even CCTR's management suggest we do that ... look back at their press releases for the past few months ... they spell it out in black and white.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.