Replies to post #9265 on Extreme Motorsports of California (EMOC)

[dallavise]

Shamantiks, I don't disagree with the idea of strategic group buying, in fact, it can work really well to get some momo going. However, the idea of selling all of your shares first would scare me. The MM's are looking for shares, and if you sell a bunch of shares in the morning, the MM's are bound to take advantage of it, and I wouldn't be surprised if you came out on bottom. Like the first idea, not so much the second. Good Luck.

[LCLiving]

Do you think the shorters read these boards? I do. Now, based on that why would I announce my plans to them? That is like laying your own trap, imo.

People lowering their bids doesn't mean you will get cheaper shares. If you go to sell in the am and everyone has pulled their bids you may get 0019 or lower and by the EOD you may be buying back for 0022+. I'm all for buying in a group but not when it has been announced publicly. There again, the shorters will just sell fakes into you at end of day and look to walk it down on Monday to cover.

The only thing that changes this is if we knew news was coming first thing Monday and I don't think that type of info is available. Good luck with your plan.

[antenna9997]

Are you sure you can buy back at a lower pice EOD tomorrow?

Someone just said putting in an order @0.0022 for 3hrs today and not getting filled EOD. Why?

If you paid attention to the last few days trading, MMs used a tiny amount of shares sell (eg. 5K shares) to lower the ASK. If you want to sell your substantial amount of shares, sure you will tank the PPS and also you may need to keep lowering your selling price. Each change accounts for a transaction fee. At the end, how much you can gain?

If company issues a good PR before EOD (though the chance may be slim), PPS explodes accordingly. Do you want to chase it then?

Also, some already said they will start buying at the last hour of the day, you think the PPS will not go higher toward day end? today is already a good example of showing this effect.

Your strategy is based on the assumption that it opens high and closes low. If you think you're smarter than the MMs, GLTY. If not, why risk yourself?

Be strong and long. Try not to flip.