Posted On: 03/28/2014 1:08:33 PM
Post# of 56323
Re: buydontborrow #9815
There is no doubt that some entity is controlling the stock, anyone who thinks this is just random people logging on to buy or sell this stock and that it's coincidence that it's hanging in this .08 area is on the wrong planet. I know you watch the trades pretty much most of the day like myself. When you see a million shares being bought up and it doesn't raise the price or if it does, only .001 and then a 500 share sell comes along and drops it .002, you know something is quite stinky!
Unfortunately there is nothing you can do about it but sit and wait, be patient! They aren't doing this so they can off all the shares and then drop the price back to under a penny, just the opposite in my opinion. They're timing it so that by the time a license comes in they'll have frustrated people out of millions of shares and when they have the majority of the shares then they'll raise the price while selling those shares. I know I don't need to tell you this because your a long time veteran, this is mostly for the newbies who may be getting frustrated.
I don't know this to be fact but have been doing this a long time and have seen this many times before.
buydontborrow you keep hitting the nail on the head, keep up the informative posts and sooner or later they
ll end up being prophetic.......!
Good luck and have a great day...........!
Unfortunately there is nothing you can do about it but sit and wait, be patient! They aren't doing this so they can off all the shares and then drop the price back to under a penny, just the opposite in my opinion. They're timing it so that by the time a license comes in they'll have frustrated people out of millions of shares and when they have the majority of the shares then they'll raise the price while selling those shares. I know I don't need to tell you this because your a long time veteran, this is mostly for the newbies who may be getting frustrated.
I don't know this to be fact but have been doing this a long time and have seen this many times before.
buydontborrow you keep hitting the nail on the head, keep up the informative posts and sooner or later they
ll end up being prophetic.......!
Good luck and have a great day...........!
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