Replies to post #147413 on Sarissa Resources Inc (SRSR)

[es1]

Well since the PPS doesn't really break the .0125 mark that 10 bucks makes the buyer either even or red if they spend it.

But I think the problem is that you are looking at the 10K as if it were an order.
That 10K is only what they are showing you.

So look at it like 1000000 shares. $11,500 vs $12,500 Now they are making $1000 as opposed to sitting on shares you can only take a loss on.

The .011 PPS is a great buy point here if you are a flipper. Place an open order for 1,000,000 shares GTC and wait for them. When you get filled in a few days you flip them to the ask of .0125 and wait for them to sell. Place another order for 1M @ .011 and every sell goes in the processor and every buy goes in the bank.

There is really nothing shady going on with the PPS there is very little interest and so a few people not attached to the stock are able to make money.

I have done the exact thing I just explained. I made a pretty good profit here while the msg board is filled with statements about shorts or MM games are causing the PPS to be in the red.

Do you see how a flipper can never "miss the boat" with this process like many wish for? I am always in and always profiting.

It isn't shorts or MMs that are making the money here. It is the people who realize that every trade is independent. You don't have to hold every share you ever buy to be a long.

Buy at .01 and sell them at .02 but don't forget to buy at .015 and sell at .025 too. As the PPS climbs you put money in your pocket. When the company drills and the PPS climbs you make a profit. And when the PR comes out stating the holes were in the wrong place you are not out anything. Instead you are just starting at the bottom again which is where most of the profits come from.

Currently have an open order to buy 47565 left @ .01 and a larger partial fill @ .0115

Currently have open sells at .0125 and .0185 and .021

Currently holding approx. 415K @ between .01 and .015 (not counting capital free shares I hold for a run.)

So there is a chance those 10K are mine. If they are they were bought at .01 and I am nobody to refuse a 25% profit.

It also is not $10 we are talking about really.

[webpence]

I agree that the cost difference is small and should slap the ask than sit on the bid if you are a believer.

But, I think it's important, especially when the stock is thinly traded, that there is some degree of bid support there to avoid downside risk if someone bails.