Newmedman - I hear you, and yea thanks. I know how dumpster diving can be addictive, it is very exciting to be able to snap up whole percentages of the float in a micro cap company all the while thinking of the possibilities for the company to explode onto the scene and actually start pulling in revenues though I also understand that 99% of the 'garbage' pinkies never actually get off the ground and are just share selling machines but you have to go with your feelings and instinct and who knows, once in a blue moon, the little guy can and does win.
Yea, crazy stuff about the 25th, me salute; must have been pure hell. It's all true, if you ever notice the true warriors, chinese monks living in the mountains of Nepal, etc, who no one even knows about, are the masters and they do not do all this dancing around with a bunch of head fakes and shadow boxing until the crowd booos, they simply stand motionless until the attacker actually comes within reach and then quickly they counter strike with as little movement as possible. 'Whites of their eyes', there was a reason that worked so well back in the day, and it holds true still to this day in many types of games.
You can always see the juveniles dance around each other with no action on those reality fight shows but go to Tailand and watch them un-chain these truly dangerous fighters on each other and they get to 'work' straight away, no fancy pants, just dangerous blows immediately.
Yes, I would direct the other to the 'big board' but it is a shame that the same nonsense is happening in the large cap names on as well, except just on a larger scale with billions instead of thousands! :/
When is the 401k holding public going to realize that they just either need to trade in and out like flipping lemmings OR hold like Buffet? Any swing of medium term trading is very dangerous, and I would say actually because of the sub second bots out there now, even the day trading is very dangerous as well. Really IMO the only way to beat them at their own game is to NOT play their game, change the game and simply buy old fashioned style with your own capital into fundamentally sound companies at a fundamentally calculated discount, little by little over insanely large periods of time. This way they shake shake shake all the others out, turn them upside down and catch their quarters falling out of their pockets but leave you alone! Watching the obviousness of the whole Euro debt lead market free fall starting in Aug was just sickening. The entire market is just a pump and dump. They pumped it up for months from Sept '10 and then dumped all together at once to catch the large 401k holders in the fishing net. Now once they have shaken out the net so all the fishies drop into the buckets, they cast it out again and pay off media outlets to begin turning 'bullish' ranting about how this is the best time to buy stocks because they are so cheap, etc, etc. But of course, not before they all snap up all of their original share positions at rock bottom prices. They will ramp back into these positions over the rest of this year and push prices higher and the rabble will start chatting about how healthy the market looks so will start to get in, then about late March or early April of next year (who knows exactly when) they will begin another 'bear' rumor mill cycle and stage another 'correction' (LMAO) and dump on everyone realizing their 2012 gains so they can keep their jobs while fleecing more individual investors, rinse/repeat.... :/
Be careful out there, many sharks in the deep ocean, either stay in the kiddie pool or go out in the deep with a shark cage and just watch the carnage. :D
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