Replies to post #130189 on Sarissa Resources Inc (SRSR)

[es1]

The problem being if they sold at .04 recently there has been no 2s to reload with. And secondly that would only work if you bought below .08.

That is a hard thing to accomplish. If you bought 100K shares at .08 and sold at .04 you are out $4k you would have to sell at .04 buy at .02 and sell at .04 to just break even.
That is tough to do.
First you would lose 4K and then convince yourself to spend the 4k you saved from the fire on the stock that burned you.
If you were too weak to sell when the PPS was dropping from 8 what makes you think you will have the strength to sell at .04 when .041 would at least make you a hundred bucks for the trouble?

And forget the people who bought at 10 or 15. They might as well hold and see if they get lucky.

If you bought at .055 in Sept would you sell today and expect to be able to get in at .014 and out at .028 again? Or would you look at.....

Further details and interim updates on this program, as well as other ongoing corporate initiatives, will be announced as they progress.

as yet another line of BS and decide that maybe a 000x stock going up might make you a couple of ticks and get your money back?

You would have to become a flipper and trade this for 100 bucks at a time until you got your money back. Problem with that is many people tag flippers as some kind of criminal in the OTC. Some people dont want to become a flipper or bidwacker because they have been made to believe that flipping is disgraceful.

The OTC is a tough place to play the ones holding huge losses will one day give up on the penny market eventually. To be blunt those people are the ones who pay the rest of us to continue trading.