Replies to post #1623 on Enable IPC Corp. (fka EIPC)

[bababooyah]

One other good thing is that I THINK the buyers yesterday are longer term type holders so IF the news is as good as I think then the price should react very nicely.

[tedpeele]

Impossible? That's strong conviction there.. The way it might work:

Find a stock that has long termers but relatively low volume. Like EIPC. Let's take yesterday: sell 1 million shares to get the stock to drop to the .007 range. People get scared, some buy and others sell, driving volume up higher -- all in the .006-.007 range. So in a couple of hours we have say 3 million shares traded. Seller wants a lower price. Dump another 500k driving it to .006. More fear, more selling, some buying. Do it again--drop to .0055. Market in fear, not much buying. More selling BY OTHERS drops it to .0045. Buy 2-3 million back into the selling, which continues as word of this high volume bad day gets out. Other people finally decide the selling has ended and start buying AFTER you do. So YOU get the best prices overall, perhaps ending with a net 1 million share gain for the same dollars involved.

The reason I think this might work is you have no fear. The market has fear. They help push the drop. Long termers don't want to buy in at .008 or .007 but will start buying below that but they first will look for sign that the selling has stopped, before committing a little bit more. That's AFTER you buy in at the lowest prices. A FEW will get in with you or even lower but you have the advantage because you know when the main selling has stopped. YOu can keep buying sporadically at the rebound price of .006-.0065 until you have the shares you want.