Idle Media Inc (IDLM)

[wadirum1]

Cracity: The downside to AON orders is that if you put in an All Or None sell at, say, 55c, then sometimes those don't actually execute until the stock is trading a bit higher. So, you see this errant low print. This could trigger some panicky guy to sell. And it isn't good execution for the person selling.

One other point, if you sell in 5k blocks, people will worry that the sell is a masked order for many more shares. So, why not go wild and try 6,000 or 7,500 or 2,600 (once we get past 50c)? Just post the order GTC and let the market come up to it. That is my strategy and I think it makes for a well-behaved market.

Of course, we are getting ahead of ourselves here. IDLM is still cheap IMHO given where I think it is headed. I believe there will be a dramatic broadening in demand for shares, and there remains a narrow window for folks still on the sidelines to buy cheap tickets.

Another strategy would be to let IDLM run now and hope to buy shares in some hair-fire panic sell-off as silly penny players leap like lemmings from the cliff... Yes, that could always happen! But I think we have a tough group of shareholders here. And many of us will be on the BUY side if IDLM plunges from, say, 80c down to 40c or $1.20 down to 60c. Many here will view any such opportunities as gifts. IDLM is a great stock IMHO for patient investors, but there will also be profits for flippers along the way -- and that's good, because increased volume will help IDLM bring in larger investors. I for one am sure as heck not going to overlook opportunities to buy back shares on dips.

So stay patient and smart folks as we watch the remaining tickets here get snapped up.