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bardamus

07/29/10 5:39 PM

#81589 RE: bytor #81580

Welcome bytor on your first post.

Please allow uncle bardamus to inject my .02 on your post.

Any time a LONG can pick up shares for cheap - you congratulate
them and hell, buy them a beer if you can.

I know if feels good to "slap that ask" but aiming your buys
at the bid ain't such a bad thing. Where's the shame in it? In WAR, are you gonna go out charging the enemy?

Fight/Trade/Invest smart so you can stay alive
and keep doing it.


A HUGE buy order of say 100K at the BID....sellers see that and do you really think they want to make contact at that price? - HELL NO. If enough cannons did this - then well,

it would raise the bid, no?

Sure, slap the ask....but I'm cool if you play chicken with them and make them RAISE THE BID or just don't drop the bid.

-bardamus



I hate for my first post on this board to be negative but you saved $550 by bid-wacking and drove the pps down. Maybe if you bought at the ask the pps would have gone up .005 and you would have made $3500
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AbrahamS

07/29/10 5:40 PM

#81590 RE: bytor #81580

Bytor, you will soon learn to laugh at $550 bucks here. We will VERY soon be completely out of the teens and the twenties will not be as difficult as this. When dollar land arrives you will probably want to sell.
Me? I'm looking for about twelve dollars. Therefore, I'll be here for at least another eight months.