First: There is a HUGE difference between my gal
Post# of 41414
Posted On: 07/01/2014 5:37:02 AM
First: There is a HUGE difference between my gal selling some shares at a premium price (.0208, .0215, .0221, .0224 when the market closed .0208 the day before) vs the guy buying PP at .005 and purposely flooding the market with millions of shares at a penny - or less - in order drive the pps down so that he can further get PP for less than .005.
LOL - it's not black and white here. There is a tremendous amount of grey in between. All selling is not bad. Think about it: If there were no one selling at all, what would the market for BLTA be? No volume......0 shares sold per day. No one would even notice BLTA.
My feeling is that Victoria selling 4 million shares (about half of what traded yesterday) - and in gradually increasing steps - created a nice volume and a logical and sustainable rise. I am hoping that NEW investors were able to get BLTA right now at a REASONABLE price.
I look at it as "greasing the wheels". No one is going to put money in the Starbuck's tip cup unless there already is money there to begin with....and if you start the day with just pennies and nickels, that is the kind of tips you will get for the rest of the day - pennies and nickels - but if you start the day with paper money in the tip cup, you will fair so much better by close of business.
So Victoria's ASKS were place at an "affordable" and reasonable level based on last Friday's close - and they moved gradually northward.
It's like chumming the water to ATTRACT the fish. Too little and no fish are interested.....too much and the fish are over fed and don't bite your hooks. Personally, I think she did great. Slow, steady, sustainable growth. I'll take a 17% gain every day for the next 3 months. LOL - as I stated before - even just a 4% daily growth outs us at 30 cents by October 1.
Secondly: Yes, they are "excess" shares. Her "banker" does not have a limitless supply of cash. The shares she bought when those old pictures hit facebook (those pictures were just too good to be true and the effect on the pps was irresistable) put her way "overdrawn" so to speak. Yes - it would have been better to wait 3 months and the shares could have sold for a lot more, but No - she had too look at those extra shares as found money and not push the limits of her "bankers" abilities. Those "excess" shares were basically just a very short term loan.
So, today she only has about 1/2 million shares on the ASK (and well above yesterday's close). Let's see what today's activity is like. I'm wondering if it will be much more exciting with higher volume and a huge increase in the pps, or much less exciting with less volume and BLTA closes slightly down - or a thousand other (grey area) possibilities in between................
LOL - it's not black and white here. There is a tremendous amount of grey in between. All selling is not bad. Think about it: If there were no one selling at all, what would the market for BLTA be? No volume......0 shares sold per day. No one would even notice BLTA.
My feeling is that Victoria selling 4 million shares (about half of what traded yesterday) - and in gradually increasing steps - created a nice volume and a logical and sustainable rise. I am hoping that NEW investors were able to get BLTA right now at a REASONABLE price.
I look at it as "greasing the wheels". No one is going to put money in the Starbuck's tip cup unless there already is money there to begin with....and if you start the day with just pennies and nickels, that is the kind of tips you will get for the rest of the day - pennies and nickels - but if you start the day with paper money in the tip cup, you will fair so much better by close of business.
So Victoria's ASKS were place at an "affordable" and reasonable level based on last Friday's close - and they moved gradually northward.
It's like chumming the water to ATTRACT the fish. Too little and no fish are interested.....too much and the fish are over fed and don't bite your hooks. Personally, I think she did great. Slow, steady, sustainable growth. I'll take a 17% gain every day for the next 3 months. LOL - as I stated before - even just a 4% daily growth outs us at 30 cents by October 1.
Secondly: Yes, they are "excess" shares. Her "banker" does not have a limitless supply of cash. The shares she bought when those old pictures hit facebook (those pictures were just too good to be true and the effect on the pps was irresistable) put her way "overdrawn" so to speak. Yes - it would have been better to wait 3 months and the shares could have sold for a lot more, but No - she had too look at those extra shares as found money and not push the limits of her "bankers" abilities. Those "excess" shares were basically just a very short term loan.
So, today she only has about 1/2 million shares on the ASK (and well above yesterday's close). Let's see what today's activity is like. I'm wondering if it will be much more exciting with higher volume and a huge increase in the pps, or much less exciting with less volume and BLTA closes slightly down - or a thousand other (grey area) possibilities in between................
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