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Replies to #13780 on lowtrade
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lowtrade

01/20/10 4:48 PM

#13784 RE: BlackThought #13780

Your making my head hurt. Give me a minute to get my tin foil hat protection.


There my brain is safe now.

No need to PR bad news to pull price down. They already did that with no help. And could in a second if they wanted. Just by manipulation buying & selling. matching or wash sale trading.

So maybe that SU company is sniffing around for a buyout. As I understand it their 10 employees are in direct contact with their clients. Manybe they are contractors and SU wants to cut the middle man out. buy owning the company.

If thats it and management has friends or another like company they are talking with for a merger. The may have loaded up their friendly like company with shares to give profits with a P&D profit run, for help in fighting the outsider.

I have no idea. But what ever they have planned, you can be sure existing sharholders are not in the mix! What can I say, wish you sold 1/2 first thing this morning, while the price was .008. I wish I broke my rule to not tell anyone when to buy or sell. Just give suggestions. You could have been preserving capital with me this AM. Could have, should have. Another lesson learned.

You still could sell 3/4ths and hope for a miracle save with 1/4th long. Easy for me to suggest, it's not my money. But hey, run the numbers. See if you can come up with a plan which presents more exceptable losses then 70% now.

Maybe you can take 50% now hold 20% long and if or when the company plays their shell game, your 1/4th long may get your losses back for you. Run the numbers. Creat a plan on paper then decide what to do. Don't just reach on emotion!!!