Posted On: 02/20/2014 5:04:27 PM
Post# of 41414
I just had the same question pm'd to me from another member. Why is this so hard to comprehend?
Why would I raise my bid if my goal is to prevent BLTA from going sub-penny?
If I raised my bid....say to 2 cents....then I would only be able to soak up half the shares that are thrown at the market. If 20 million shares are thrown at the bid, and my bid is at 2 cents, then 10 million would slip past me and plunge BLTA sub penny.
Think man, THINK! My goal is not to artificially raise the price of BLTA - I am a man of my word - I do not deceive!
My goal.....very simply....is to keep BLTA from dropping sub penny.........and very, very, very honestly, I truly believe that with the coming "Perfect Storm", BLTA at .01 is a tremendous bargain.
Now.........has anyone spoken with Barry Lately?
LOL....................
Why would I raise my bid if my goal is to prevent BLTA from going sub-penny?
If I raised my bid....say to 2 cents....then I would only be able to soak up half the shares that are thrown at the market. If 20 million shares are thrown at the bid, and my bid is at 2 cents, then 10 million would slip past me and plunge BLTA sub penny.
Think man, THINK! My goal is not to artificially raise the price of BLTA - I am a man of my word - I do not deceive!
My goal.....very simply....is to keep BLTA from dropping sub penny.........and very, very, very honestly, I truly believe that with the coming "Perfect Storm", BLTA at .01 is a tremendous bargain.
Now.........has anyone spoken with Barry Lately?
LOL....................
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