Replies to post #39987 on TheDirectory.com Inc (SEEK)

[hi898]

I bet you, if 10 million gets dumped at once tomorrow, then it will trade around .0011-.0013 area. But the same goes for going up. If someone buys 10 million using a market order (as long as there isn't a big seller on the ask), then it could trade .0024-.0028 area.

So people who are trying to convince the realistic people like me are wasting their time. Go convince someone who is optimistic to join the band wagon.

Look at the indexes. There are plenty of good companies that make money, but when everyone is selling, then the stock prices go down. You trade on momentum and psychology, unless you plan to lock your money up for long term investments. And when i mean long term, i am talking about 5+ years.

Trust me, I invested a $1000 play money couple years back in a similar company that behaved almost just like thedirectory.com with one person acting as the CEO, CFO, etc. without a degree. And guess what happened to that company, it disappeared before the SEC got to the CEO.

[ZTC]

Completely Agree its the "longs" hear just making small profits, and there just like oh its just 2.2 million ill buy some back when it gets lower, but the problem is there are 5-10 people doing the same thing which kills the pps, shows no momentum and no one gets involved cause they know this will happen over and over and over.