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Re: HotStockAce post# 85686

Thursday, 08/09/2012 2:57:11 AM

Thursday, August 09, 2012 2:57:11 AM

Post# of 232507
I've been in a few momo situations where the price shot up once the shares locked up tight. One I remember fondly was the jump from the teens to around a dollar on Stan Lee's company Pow Entertainment. That run was all about the news item where Disney was working with them and since it was sexy to be in business with Stan Lee, the stock rose and rose and rose and it was ALL speculation. The price rose and rose simply because shares were locked up tight and when somebody bought they had to pay the ask.

MMs can't stop or manipulate demand like that. The key for us as a group is to add on dips, keep preaching the good word and work of JR and wait out the 1-2-3 punch of the bb news, earnings and announcement of auditor and possible uplisting (based on what many have said seems all but certain with the auditor on board).

I've been in others that simply rose on speculation and low floats. Once JR announces the buyback and reduction in shares, there will be a frenzy.

Nothing and I mean nothing will help us see the tippy top dollar then a combination of earnings growth announcements (A JR specialty) and auditor/uplisting news. Uplisting gives us something that will bring in a whole NEW group of long term investors.