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Punxy99

01/11/10 9:41 AM

#27595 RE: Punxy99 #27594

Is NITE up to his old tricks?
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es1

01/11/10 9:55 AM

#27597 RE: Punxy99 #27594

that is what happens with new investors that dont know what they are doing. They decide to sell at market value without seeing or knowing what the ask and bid are. Their order goes through and our PPS goes down the drain. The co needs to do something to get their name out there so our low volume doesnt allow for a 80 cent spread.

It is going to be hard to convince someone to buy for .87

Someone with powder buy 5 shares at .87 and we will be rocking LOL
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DDhawk

01/11/10 11:23 AM

#27609 RE: Punxy99 #27594

"Market Orders" gone 'bad'.....I've give odds that these .065 & .15 sells are a direct result of 'Newbies' not knowing the "Blank Check" implications of submitting sell orders with "No Limits" attached. I've seen it happen before in "realtime" with ongoing narratives on the Yahoo boards by the newbie victims on another stock I watched closely. That stock [TTNP] closed at .05 on a Friday followed by great news in the 'after-hours'...the 'newbies placed Market Orders over the weekend thinking it would open in the .05 range...it opened at $1.48 & went to $1.70 then fell to .60c. Guess who "ate-it" on that one.
I see es1 understands this. This has 'nothing' to do with ENTK or its viability or worth...it has everything to do with the only ones selling at these ridiculously low prices are inexperienced traders selling to vultures and allowing themselves to be exploited by a major flaw in SEC trading regulations....the dreaded "Market Order" !!

BTW: Goodonya' ComeBackKid

aimho
glta