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Re: Lolz post# 10407

Saturday, 11/12/2011 7:42:18 PM

Saturday, November 12, 2011 7:42:18 PM

Post# of 80869
Its not an obsession about holding long. Any stock needs some people to believe that it could pay off long term or it would be worthless. Flippers dont help to make a stock valuable....you just provide liquidity... if there werent believers in the stock then flippers wouldnt enter it at all because there would be no interest in the first place. There are much better stocks to flip than this one in any case.

Dumb reference? No way, these guys had the opportunity to go either way from their $1.60 start price. Sadly that 2700 that you say was traded about $1.50 would now buy 270,000 shares for the same amount.

This stock was heavily traded in the 30cent & 90cent range and even more so between the 5cent and 15cent range.

Of course flipping doesnt hold the PPS down....we need flippers to buy from when we wanna buy and to sell to when we want out. What has brought this stock down is massive dilution at the current round of shareholders expense.