InvestorsHub Logo
icon url

serfdom

08/01/07 2:38 AM

#19517 RE: robtewms #19516

Well, I respect what you are saying, and I do hope the price goes up soon. However, I've been following shorted/manipulated stocks for some time now to see if they ever pay off. 95% of the time, they don't.

What I can't understand is this thinking that a manipulated stock will go up when the manipulation stops. I don't agree. Stocks that are being manipulated generally continue to be manipulated until the share price hits .0001.

If it's paying off for Someone, why would people assume this Someone will stop doing it? Would you stop trading a stock that always pays off for you? Of course not!
icon url

tax_man

08/01/07 10:26 AM

#19520 RE: robtewms #19516

rob, actually, I think it's too early to tell if the PPS is artificially low at these levels. THAT determination will be made once the next quarterly earnings report comes out, which is due sometime within the next month.

In that report we'll learn what dilution has taken place, how much money the company is earning or losing, and whether or not the company is truly making headway on the business plans it has ALREADY unveiled in 10Qs and PRs -- three crucial details.

If the report contains a bunch of seemingly new plans yet glosses over progress or lack of progress made on initiaitives that the company has already told investors about (the old moving-the-goal posts technique) then we'll really know if your "veins of gold" analogy is accurate or not.