Replies to post #109628 on Mike The Pike Productions Inc (MIKP)

[SPM555]

It's a risk I'm willing to take, but only at my prices. I appreciate the feeback, I've been doing this for almost 18 years and have made a comfortable living off of contrarian plays like this. Sometimes it works, often it doesn't, but I see things here that I do like and have waited for a chance to get in here at this level. I grabbed some .0003s already just so I have them if I never get my bids filled. The fact that there's so much bearishness is a net positive for me. I've never made a fortune by playing/buying when a stock was popular and had good sentiment. I buy in on the distressed plays that seem to be dead, and I buy when people are dumping or just ignoring a stock entirely. I just find it odd that my bids are having such a hard time getting filled, when if you follow the board it seems like there should be endless dumping.

I've made 6 figures on trades well over 10 times and made 7 figures once. Every single one of those times I was buying into similar scenarios. I'm not saying this is for sure a winner, but based on my methods I've refined for the past 18 years almost, I see more potential here than the others do here. I actually love that I'm getting so much flack for being a buyer here.

[Just1MoreUpTick]

LOL He doesn't want advice. He will learn the hard way just like everybody else.

SPM, trade the way you want. Like I said before I'm sure there are .0003. Mark has destroyed his shareholder base. My hunch one penny will not hold after R/S. Because the base is gone and Mark will probably dilute to meet his agenda. Raising the AS from 100 million to 500 million after the R/S. Totally make sense if Mark dumps as soon as the R/S is implemented. Because we all know the PPS will probably drop down to 90 percent. The way I see Mark will need to dump 300 million to raise roughly 2 million dollars in the first month or so. Just my opinion.