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Yep, just like last week we had a lot of buying at

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Post# of 716
Posted On: 05/25/2012 8:38:22 AM
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Posted By: finishsuper
Re: Justanewinvestor #322

Yep, just like last week we had a lot of buying at the Ask and sent the PPS up and up, this week we have a lot of selling and the PPS going down. Welcome to the world of penny stocks.


Normally, we would like to see the price fluctuation based upon company news, financials, revenues, outlooks, etc. etc. In this case, for reasons that we are fairly confident of, our company must remain silent, until such time as more good can be served with public information, than harm.


So, we are at the hands of those who would manipulate the masses through their influence on public boards. It is more than apparent that most do not do any DD at all, and have no idea what they bought, or what they are holding. Therefore, they are easily swayed by suggestion and emotion.


We saw the run up last week on a lie that was perpetuated about the website going live. A lie that even gave the exact date. Many bought on this news, both new money and already long investors. The spike gave the manipulators the opportunity to profit on positions, knowing the sentiment would  wane when the site was not online. And it did. Now, those who profited, are able to buy back their shares for less than half of what they sold them for. 


Worst thing? They are getting ready to do it again. Learn the lingo of the board, and you can see the signal was given to "buy", and I think we are seeing the signal to start to foster a new rumor or increase sentiment, for the next big sell. 


Information and knowledge is the only thing that will survive. Know what you hold and who you are invested in (the CEO, above all). Know why people are posting what they are posting: DD them as well. Otherwise, you are a victim in a game that many have been playing here for years, and will continue to play. 



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