InvestorsHub Logo
icon url

satelliteguy

12/19/11 3:57 PM

#10375 RE: Grumps17 #10373

You said "he" is losing investor confidence, and I assumed "he" meant Morey. Forgive me if I was mistaken, but I'll take this opportunity to reiterate that Morey didn't tell anyone to buy the stock, and he doesn't care if anyone sells it. The current trading price of the shell has no bearing whatsoever on its value in a reverse merger transaction.

And we have been through this other thing before, too ("Sales today: 280,680 vs buys: 16,000"). There is a buyer for every seller. If I bid .0121 and then someone sells to me, isn't that just as much a "buy" as a "sell"? If the seller had put up an offer at .0121 first, and then I hit it with my buy order, would you then call that a "buy" and be happy? Why should anyone care whether the seller or the buyer puts in his order first?