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stevesc

06/10/10 10:28 AM

#19999 RE: Terrestrial_is_Dead #19998

I know what I'm doing, And that is I'm not watching this today and I'm not going to worry about it!
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encercler0

06/10/10 10:33 AM

#20004 RE: Terrestrial_is_Dead #19998

"I just don't understand how this thing can be tanking like this when we are days away from the finalization of a big contract? Something just doesnt seem right. "

It just shows that contract is not going to go through.Those that know this are selling before it tanks to 0.01
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trader53

06/10/10 10:37 AM

#20007 RE: Terrestrial_is_Dead #19998

Out_from_the_Shadows, Actually, this

is exactly the way it should work!

Stocks of companies always go down, prior to the release
of "Very Good NEWS".

That's what you see all the time, when the MM's advertise to the unsuspecting average investor. They get them to buy, when the NEWS comes out, which is the exact time that the stock jumps way before the investor is able to get in, and they end up chasing it, buying it, and then watch it tank the next day, and days after that, wiping out their investment.

What we are witnessing here with CCTC, is what we want to see...an orderly decline, before the news comes out.

"BUY on RUMOR.....SELL on NEWS" !!!!!

Most people who lose their money, or watch it go down to zero, do the opposite. They BUY on NEWS ! When you do that, you take on RISK, because then the stock gets sold and ditributed, and it goes down.

Right now, as the stock is going down in an orderly manner, traders are accumulating, and when the NEWS comes out, they'll sell it to the people who don't understand this way of thinking.

If you want to own shares of CCTC, this is the time to BUY it, then when the NEWS comes out.....SELL it !!!!