Replies to post #27275 on Worlds Inc (WDDD)

[22na22]

Not entirely sure, to be honest.

Seems counterintuitive to me to be a seller at this moment of time unless you have insider news, are a trader taking advantage of pennies, or a selling for tax purposes to match capital gains.

Alpha's horrible takes on this stock may have led some retail investors to be scared away and sell - I have no idea.

Luckily, you and I and Luckyus and all other longs can continue making small purchases as the price decreases.

Here's a great read from Warren Buffett:

The logic is simple: If you are going to be a net buyer of stocks in the future, either directly with your own money or indirectly (through your ownership of a company that is repurchasing shares), you are hurt when stocks rise. You benefit when stocks swoon. Emotions, however, too often complicate the matter: Most people, including those who will be net buyers in the future, take comfort in seeing stock prices advance. These shareholders resemble a commuter who rejoices after the price of gas increases, simply because his tank contains a day’s supply.

Charlie and I don’t expect to win many of you over to our way of thinking – we’ve observed enough human behavior to know the futility of that – but we do want you to be aware of our personal calculus. And here a confession is in order: In my early days I, too, rejoiced when the market rose. Then I read Chapter Eight of Ben Graham’s The Intelligent Investor, the chapter dealing with how investors should view fluctuations in stock prices. Immediately the scales fell from my eyes, and low prices became my friend. Picking up that book was one of the luckiest moments in my life.

[madprophet]

We can go up or down for no reason at all.
Did you see the message yesterday,
They put in a buy order at market, and the price went down.
There is no news and nothing going to make any impact until one of the following happens-

1. Wifi One Decision comes through if a good result for us, we go up, bad, might see some selling, but doubt it.

2. WDDD does in fact ask for a delay, that might trigger some selling.

3. CAFC calendar date set. Should trigger buying as timeline gets more concrete again.

4. Judge Panel gets selected.

Right now you can watch what happens pretty easily.
If timeline gets extended, some people sell to move money into something else they think they can profit from in the meantime,
or
When the timeline gets more certain you see money come in because they know when things will be happening.

Outside of that we will simply move up and down. We go up pretty strong when someone wants to add or start a large position as the trading is very thin.

At the moment, that delay could very easily be the reason we saw some selling today.
TIMELINE matters right now.