(hangs head) Ok I was one of the people that bought @.09 that sold a few shares @ .14 I still have shares in a safe locked away for years and years but wanted to see what it felt like to beat someone out the door. I have to admit it felt good.
LOL, I’m glad that more and more retail investors are de-risking and taking periodic profits during what now should be predictable volatility as mapped out by the SEC filings. It is an effective way to lower your cost basis while still maintaining skin in the game, whether short term or long term. And it is the ONLY way to gradually put oneself on a level playing field with JOSEPH ZAMPETTI and his fellow criminal CORE PIPE-holders as their insanely low cost basis (thanks to BS Schneiderman giving away OUR shareholder equity to them via 28M shares of both 0.00 and 0.05 stock) will ALWAYS enable them to cut in front of everyone else in line.
And yes, JOEY Z, that is precisely what “cutting in front of everyone in line means”. By virtue of having deeply discounted shares, you will inherently ALWAYS be in front of everyone else. But I think our friend MATH can explain it better… …you see, regardless of whether you and or a “normal retail joe” is looking for 10%, 20%, 35%, 50%, 100%, or 1000%, YOU and your harem of paid whores will always see your 10%, 20%, 35%, 50%, 100%, or 1000% come to fruition long before anyone else sees theirs, and so you will ALWAYS have pole position w/regards to having first dibs on hitting the sell button as your targets (regardless of what they are) will ALWAYS be at much lower sp levels than any and every comparable target by a normal retail joe who has a higher cost basis…
I will be a buyer again below 10. rinse repeat.
You really think it will go below .10 again? That’s a tough call. Who the heck knows with this stock, but in looking at the dilution schedule, IMO, it would take one of two things to happen to get SCRC’s sp back to sub-.10 again:
(1) Material adverse news. I’m not aware of any nor am I anticipating any. Barring a failed audit (which we won’t know about for another 4 months when the 10K comes out) or a PR announcing JAN-2015 approved orders being cut in half due to getting hit unexpectedly by the new insurance coverage restrictions (which won’t come out for another 2 months in early-FEB), I don’t know what would do this.
(2) Low liquidity, as this means that even moderate quantities of liquidation can quickly crater the sp. But the flipside is that if liquidity is low, then that will mean that it will be equally difficult for you to be the lucky one scooping up any cheap shares.
Rinsing and repeating can still be done with equal amounts of profitability, but you will just need to keep your eyes peeled for when the sp settles into new ranges and you don’t see your sub-.10’s. After all, even though we may not have 1st class tickets and may be viewed as steerage by the privileged aristocracy, we can still sneak on and off the SCRC gravy train whenever we want…