Sad part is it is not just TPAC that is falling vi
Post# of 22940
Posted On: 02/23/2016 3:45:14 PM
Re: CountryMac #3895
Sad part is it is not just TPAC that is falling victim to it.
You pay people to bash the stock, cause doubt, and sell offs resulting in a drop in share price.
You, before that point, had shorted the stock, so the downturn in price is beneficial to you.
You then pay people to pump it, hype and hysteria follow, and share price goes up.
You've already covered your shorts from the drop, so you buy in a position at the lower price, before the hype kicks in, and ride it up.
Rinse and repeat.
The OTC is like gambling, if you go in with more than you are willing to lose, you will ALWAYS get burned.
Enter / Exit point strats are ESSENTIAL for these stocks, and really good DD.
Everyone here is VERY lucky they found one that has actually fought tooth and nail through the muck to breakout of the slime that is the pink sheets.
You pay people to bash the stock, cause doubt, and sell offs resulting in a drop in share price.
You, before that point, had shorted the stock, so the downturn in price is beneficial to you.
You then pay people to pump it, hype and hysteria follow, and share price goes up.
You've already covered your shorts from the drop, so you buy in a position at the lower price, before the hype kicks in, and ride it up.
Rinse and repeat.
The OTC is like gambling, if you go in with more than you are willing to lose, you will ALWAYS get burned.
Enter / Exit point strats are ESSENTIAL for these stocks, and really good DD.
Everyone here is VERY lucky they found one that has actually fought tooth and nail through the muck to breakout of the slime that is the pink sheets.
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