AI
Monday, March 25, 2013 10:25:09 PM
Problem here is that we have a VERY large seller with what seems to be an almost limitless supply of shares :-/
Is it limitless? There has to be a limit IMO! We know the SS and we know there aren't a "limitless" amount available to sell currently
Plenty were bought up at 3's a couple weeks back - we know this as a fact!
Now we have a seller with a large block at 4's.....that's a 25% gain!
Sorry but I think what we have here is a "flipper" and not dilution ;-(
If I buy 50 million shares at 3's and sell some of them at 5's (66% gains) and then force it back to 4's (25% gains) by dumping into 4's while on the bid - I would be happy to turn an initial investment of around say $15,000 into $20,000 plus in a week or two
And thus the maximum amount the seller is hiding is pretty simple to discover of I'm correct. Simply look at the tape and calculate all the 3's sold (that's the maximum being sold at 4's IMO). I will even go as far as to say the dump at 3's was a tactic to get more 3's for this seller and those 3's he or she dumped were in fact the 2's picked up at that brief dip
I think the seller is selling his or her 2's at 3's, 3's at 4's, and even their 4's were sold at 5's possibly......
Great play IMO and the ability was created by scared traders and the companies lack of sustainable news IMO - the ONLY way out of this is quick and steady buying by a diverse group of buyers so that these shares can be divide up a bit. We need news and a lot of it and a whole lot of strong quick buying or this seller will continue this game IMO!
This is how I am seeing it anyway.
$BWMG
Is it limitless? There has to be a limit IMO! We know the SS and we know there aren't a "limitless" amount available to sell currently
Plenty were bought up at 3's a couple weeks back - we know this as a fact!
Now we have a seller with a large block at 4's.....that's a 25% gain!
Sorry but I think what we have here is a "flipper" and not dilution ;-(
If I buy 50 million shares at 3's and sell some of them at 5's (66% gains) and then force it back to 4's (25% gains) by dumping into 4's while on the bid - I would be happy to turn an initial investment of around say $15,000 into $20,000 plus in a week or two
And thus the maximum amount the seller is hiding is pretty simple to discover of I'm correct. Simply look at the tape and calculate all the 3's sold (that's the maximum being sold at 4's IMO). I will even go as far as to say the dump at 3's was a tactic to get more 3's for this seller and those 3's he or she dumped were in fact the 2's picked up at that brief dip
I think the seller is selling his or her 2's at 3's, 3's at 4's, and even their 4's were sold at 5's possibly......
Great play IMO and the ability was created by scared traders and the companies lack of sustainable news IMO - the ONLY way out of this is quick and steady buying by a diverse group of buyers so that these shares can be divide up a bit. We need news and a lot of it and a whole lot of strong quick buying or this seller will continue this game IMO!
This is how I am seeing it anyway.
$BWMG
