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The Rainmaker

10/19/11 6:12 PM

#33852 RE: The Rainmaker #33851

EGOC: Link Back: I just want to add one thought to this that really interests me. Finally we get a penny stock where the CEO gets it. I really can't remember one of these pennies that had both a CEO who had the right product and the street smarts to navigate through the penny stock mine field. I'm more impressed with this guy, Raymond Brown II every time he shows us a little more about himself. This guys speaks our language people. If he was a smash and grab crook he wouldn't have spent a year making no money and putting this together. Do you guys realize he only increased the shares O/S 2.5% during the last 4-5 months. Even into the big run doing 60 million shares a day he's not diluting and selling into the run. This is the one people. Every new one keeps turning to dust. It's a mine field out there right now. I'm hanging with this one for a while.
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The Rainmaker

10/19/11 6:16 PM

#33853 RE: The Rainmaker #33851

I just want to add....I usually cringe when I see some penny CEO writing a long story about evil shorts etc....EGOC guy actually writes very well and is a sharp guy. I'm so sick of these dumb ass CEO's shooting themselves and us in the foot all the time everytime they open their mouths. This guy is a refreshing change. He's got game. I actually enjoy and learn something from the things he writes. Shocking but true I am actually proud to own this one. A real possibility this guy will make this one really go big.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68155608
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crudeoil24

10/19/11 9:52 PM

#33854 RE: The Rainmaker #33851

That is a good read.
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jaxstraw

10/20/11 7:51 AM

#33864 RE: The Rainmaker #33851

In case anyone got lost in the above explanation (and I am sure there are a few IR guys out there who would be lost), let me remind everyone that a bid is not some random, computer generated number that market makers collectively agree upon and the beginning of each trading day and then update throughout the day based on volume and the ratio of buyers to sellers.

No! Surprise, it is not that.

A bid represents an unfilled order of a real person willing to buy a certain amount of that particular stock at a specified price, no higher.

A cheapskate, if you will.

Just as an ask represents an unfilled order of a real person willing to sell (offer) a certain amount of that particular stock at a specified price, no lower.



I wish this was on every board on IHUB. I'm sick of reading about MM manipulation, shorts, etc as excuses for why a stock is declining as the bid drops.
But never here a peep about such as it rises.