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Re: XyzTrader post# 2862

Friday, 09/23/2011 6:00:10 PM

Friday, September 23, 2011 6:00:10 PM

Post# of 9809
I expected that kind of answer from you!My advice, take any extra cash you have and buy SNGX, buy all of it that you can afford. You will not be disappointed and you will most assuredly double/triple maybe even more.

I am a little biased towards SNGX and until I can find a reason not to be, will continue in the same manner.Believe the company data, speculate, be smart. This is a real company with a real future. Not a typical penny stock which unfortunately creates a fertile ground for shena@#$%ns to go on because there is a solid base of real investors and enough upward pressure to do what I note below.What I have noticed over the last few weeks and especially today is that there is a game going on. In the morning they get the buyers out of the way, except there are fewer and fewer as the charts reflect what looks like mostly selling and unloading. That has mostly ended and Its not even really trading at this point.How would you make it look this way? Easy - place lower and lower bids and asks at the same time through multiple accounts/providers, eventually positioning yourself between an actual seller and your ask. So the seller moves in lower and lower to unload their shares to get under your ask. As this process continues, less buyers will come in and more potential sellers get nervous. rinse repeat. Also make it look like massive sells are going on. I saw plenty of big sells come in...almost as soon as the previous was moved and in the manner shown below. You think folks don't know you look at level 2? They can make it look like whatever they want, especially with potential buyers having been discouraged.

When you run out of actual sellers, you put a bid up very close to your ask. With the buyers out of the way, your shares are safe and it influences sellers to come in just under the bid. You take a risk of having those shares get bought but in the long run you are getting cheaper shares anyway. Works for shorting a stock, works for accumulating cheaper and cheaper shares.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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