The Ides of March is yet upon us...and St Patrick’s day as well. A time of settling of affairs and a time of raising a few Guinness. I feel good about this week.
I am not nearly as astute as most on this board which is why I enjoy and appreciate the insights and education. I came to appreciate it even more the other day when Investors Hangout was on the fritz and I had to resort to that shit show YMB for info. Several months ago I didn’t even know what a market maker was nor even remotely close to having the day trader insights that assiduous posts. Having said that, I did notice two instances that caught my eye. On the morning of the Cc the price rose to .75 pre call and quickly dropped once it became evident IPO info was not forthcoming. It was the fastest I have ever made and lost 100k in my life. It seemed like a matter of minutes. The second was the other day when Investors Hangout was silent for a few days. Pps opened ~.46 then dropped like a rock as board went live w comments. Call me paranoid but my conclusions are two. First, MM’s are watching and second they are anticipating some serious action from NGIO. Like Hylander and many others on this board, I would like more info- particularly on the IPO. But, for now, I am going to give management a pass and let pps take care of itself- as Joe has assured us it will.
But... I have to admit it’s still very discomforting to watch our stock manipulated as it has been.
I am not nearly as astute as most on this board which is why I enjoy and appreciate the insights and education. I came to appreciate it even more the other day when Investors Hangout was on the fritz and I had to resort to that shit show YMB for info. Several months ago I didn’t even know what a market maker was nor even remotely close to having the day trader insights that assiduous posts. Having said that, I did notice two instances that caught my eye. On the morning of the Cc the price rose to .75 pre call and quickly dropped once it became evident IPO info was not forthcoming. It was the fastest I have ever made and lost 100k in my life. It seemed like a matter of minutes. The second was the other day when Investors Hangout was silent for a few days. Pps opened ~.46 then dropped like a rock as board went live w comments. Call me paranoid but my conclusions are two. First, MM’s are watching and second they are anticipating some serious action from NGIO. Like Hylander and many others on this board, I would like more info- particularly on the IPO. But, for now, I am going to give management a pass and let pps take care of itself- as Joe has assured us it will.
But... I have to admit it’s still very discomforting to watch our stock manipulated as it has been.
2
