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Re: malekabal42 post# 42923

Wednesday, 10/19/2011 5:26:26 AM

Wednesday, October 19, 2011 5:26:26 AM

Post# of 148373
People had their hopes up to high and were getting dollar signs in their eyes with dreams off new cars and houses when they sold their bags of SEEK shares...
The hopes came from us longs preditions and the possitive news from SEEK newsletters, then the hard numbers hit in...
It will take a really long time to make SEEK a money machine, nowadays it is just surviving on loans and believes of Scott.
The plan is good, the future is bright, but the road is long and most flippers won't wait that long in this market where other stocks are rising and being hiped every day.
So my 2 cents: the low volume is because of the bagholders are the longs that are waiting to get what they dreamed about, the downfall of this stock is because the flippers sell (even with a loss) to take their money elswere to ride the waves

I'm staying to wait out the long run

go SEEK