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Posted On: 02/08/2017 1:54:00 PM
Post# of 5332
Copy of a warning I just posted on iHub aimed at the morons stacking the ask at .0004 who were trying to leave because they were impatient (in response to another long's post).
"I agree - happens every time. They either:
Wonder why the stock doesn't move up and end up selling for a loss months later - resulting in whales picking up even more cheap shares for later.
Or a couple of long-term whales take them out the moment the news comes out because they didn't cancel quickly enough and now the former flippers see the price running up and they are left without shares - a particular favorite play of mine !"
"I agree - happens every time. They either:
Wonder why the stock doesn't move up and end up selling for a loss months later - resulting in whales picking up even more cheap shares for later.
Or a couple of long-term whales take them out the moment the news comes out because they didn't cancel quickly enough and now the former flippers see the price running up and they are left without shares - a particular favorite play of mine !"
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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