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David-P

05/30/12 6:30 AM

#19854 RE: StockBull #19853

That is right, instead of selling shares at such a low price, it is better to keep them for a month or two. Since you can't get any lower (you actually can but it is unlikely) the decision of holding the shares seems to be the most reasonable one.
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ed3/6me

05/30/12 6:29 PM

#19862 RE: StockBull #19853

have seen this on every stock i have in otc. someone with DEEP pockets uses it as a piggy bank as long as they can. buy cheap and sell on a tick so they get paid. screw anyone holding to grow with a company,pay me today.
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Jafruech

05/31/12 4:44 AM

#19869 RE: StockBull #19853

Honestly...it does make sense..and no I highly doubt it is the company selling and here are my reasons why..Sometime around Nov/DEC NITE started taking a big interest in MSMY. When news came out in Jan/Feb, it was NITE that kept it down. The news should have popped it above .01. But when you have Nite selling off 5k blocks at 1/4 of what the share price was then, it keeps the stock from moving, and decreases confidence. Look at the history...the MM's let this stock rise a little, then crash it...rise a little...and crash it. Why would they do this? 2 words...short selling. When you are selling 500k Blocks off like they are nothing, and controlling the stock price like they are, it only makes sense. There's not enough volume to push past their game. Honestly if all of us massive share holders were to be buying now vs when we did between last oct-now the push would be enough to get past the resistance. Unfortunately until some solid financials come out, there just isn't going to be enough push behind the stock to get past the resistance the MM's have built. They have 100% control of this stock right now. If I had the ability to short sell this stock I could have made a KILLING doing it too with how they have been playing it. At one point in Feb we had all 3 of the Major OTC MM's playing this stock for that...if that doesn't tell you something I don't know what will. Once financials come out...even if they are amazing..they will still probably try to drive it down for a few days...the more it runs, and the more they can drop it down after...the more they make. Just my humble opinion and analysis.