Posted On: 07/29/2015 4:21:37 PM
Post# of 75364
One other point when you said..
I think the price recently has been declining far too slowly to keep most of the day traders interested in this stock.
The implication that day traders only short. The real friends of a day trader are volume and price movement, in both directions. It is far more difficult to short a pink sheet stock because of the margin involved ($2.50 per share) than to go long.
My main point is there is such a gross similarity at times between message boards and just as often as someone posts how bashers go about their business, there is another one posting how pumpers go about their business. One must be careful however to blame every dip and bump in the road on a plot to derail your investment - sometimes executives are just really lousy at what they do except filing 144's and running off with share profits while investors wait, just as one must be careful not to attribute a rising share price on the company management in the absence of fundamentals. In other words, be careful out there. Do your research on everything and everyone associated with press releases - don't buy press releases.
I think the price recently has been declining far too slowly to keep most of the day traders interested in this stock.
The implication that day traders only short. The real friends of a day trader are volume and price movement, in both directions. It is far more difficult to short a pink sheet stock because of the margin involved ($2.50 per share) than to go long.
My main point is there is such a gross similarity at times between message boards and just as often as someone posts how bashers go about their business, there is another one posting how pumpers go about their business. One must be careful however to blame every dip and bump in the road on a plot to derail your investment - sometimes executives are just really lousy at what they do except filing 144's and running off with share profits while investors wait, just as one must be careful not to attribute a rising share price on the company management in the absence of fundamentals. In other words, be careful out there. Do your research on everything and everyone associated with press releases - don't buy press releases.
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