Friday, September 02, 2005 3:01:39 AM
BTW this also my last stock as an investment and I hope this does not become another flop show. If does I am folding all this investment bullshit onece and for and move to my trader instincts. Atleast you don't have any attachment with the stock and you don't suffer because of other people. My conclusion is BB world is OOD ONLY FOR TRADING..MM rule this world. Take a look at BRVO pump n dump. MM pumped the shut out of that stock all the way to 1.4 and I am 100% confident they must have pretty good idea about lower price warrents at 0.36..Now the stock is heading there, same thing with MRKL, GCCP..
Frankly I have no faith left in these BB markets and I am likely to move out with some profits and decent money. I am definately not holding this stock for another year.I would have, however BB world is ruled by MM and their games..so even if company is great, I would not invest in a stock that has PR once in 3-4 months. Most of the rallies on news will deflate and you will see this stock stuck in this range after each rally unless their PR situation improves and so does the business..I also see consumer spending going down the toilet in next few months as oil inflation creeps in..
There is very high chance MM will pump this stock on rally due to thin volume and sell it down bck to 0.07-0.08 range after the hype gets over (Mark this trend and thank me later when it hapens..I BET all my trading experience on this pattern, it never fails in BB world...I say 90% of the rallies in BB stocks are shoted back to the base) . This is the scene across all BB stocks. Rally followed by MM shorting and back to pre-rally base. MM recently pumped MRKL to 0.16 and then shorted it back to 0.08. BRVO same story and why not IVFH had the same story too..from 0.07 to 0.19 to 0.08..pump n dump..MM made use of hype in NY meeting and pumped it and shorted it..They knew Chef's very well. Chef's let this stock fall from 0.6 to 0.02 so why would that be different this time now..MM know Chef's can't do anything and don't care much about shareholders and stock price so MM will pump it on news and short it back and make money both ways..One of these rallies I plan to get out..
good luck
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