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Re: Newb21 post# 5968

Wednesday, 03/21/2012 11:03:30 PM

Wednesday, March 21, 2012 11:03:30 PM

Post# of 56379
Good to see your a VPER investor and believe in not just the "stock" but also the company and its future.

To clarify a couple things, the reason we preach to buy at the ask is because we are trying to eliminate orders that are sitting there which in return makes it run to the next price and next price etc. (moves the stock price up and can screw up a shorters game) If we drive this stock high by purchasing at the ask all the time we can push the stock up forcing shorters to cover. We want these shorters out of here and they will eventually be squeezed out when the stock runs on news etc.

Here is a video you can check out to clarify:


We do want to attract new investors BUT the right crowd. Not just day traders, scalpers, or really short term guys because they buy and sell sometimes selling to much and scaring away other new investors. This is why you'll see one of our other moderators (DiamondFire)keeping the board clean from spam and preventing rumors and false information from being spread.

And of course ALWAYS do you due diligence and believe in what your buying. IMO you shouldnt be investing in pennys if you cannot afford to lose it, but make sure you know what your buying, dont just buy on a pump or short on a dump. Nothings wrong with taking profits but me and alot of other investors on this board keep our profits in and buy on the dips. It has worked out very well for me and many others so far.

We have a lot of good smart investors on this board that can answer almost any question you have. Welcome aboard.

Good Luck & LONG VPER!!
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