Feel free and do your own test run, just look for an obvious dumper that just brought the price down, the minute you see a sell off which brought the price down, go ahead and BUY a small amount of shares at the ASK. You can finally do this at your will and your own right and see this for yourself. You can "giggle" like one said after you see the result. The only way to see for yourself is do the hands on approach, gain a little bit of experience by executing a tiny BUY at the current ASK price immediately if you can, after a large sell off by any of those inexperienced dumpers.
Might want to keep in mind that when someone buys below the asking price, they just made the stock drop for EVERYONE since they "thought" they got a good deal of buying more shares below the original ASK for themselves...its been done numerous times before, so when they look at the current price of the stock, then they freak out on why the stock price decreased.
You didnt buy at the ASK, pal, thats why.
Keep an eye on tiny green buys that accumulate, thats when a [b]sell off by a[i] "sneaker"[/i] [/b]tends to occur thereafter, then right there after they executed their menial chump change before reaching the threshold for the next tier of an ASK price level,
Example:
Its as simple as looking at the ASK .02/ 30,000
"Sneakers" will wait until the 30,000 shares are almost nearly bought up at the .02 mark and then [u]BAM[/u], they dump a mass amount, thus dragging your stock down. It is done purposely so that it won't surpass the 30,000 mark or right near it, because if the dumpers waited too long, it would have entered in to a new tier level ask price oh lets say .023/ 50,000 'example of course.'[/i]
"Fire-Sales" are fun when the ones who sold off end up losing their shares. Makes a good laugh.
Although I do give a warning, on Trader "Bot" Days, you better not even get involved or better have lots of ammo to play and an extreme fast business corp executive secured fast internet connection if your going to do "bot" days manually....
(you definitely will know what those days are or when it happens, like last Thursday)
To play it safe, place an "insurance" style BUY at an absurd price, lets say at a subpenny BUY order good for the next several years for expiration. Granted your set allocated funds for that specific buy order will be tied up, but as Traders use their sequence advanced algorithm programs, it may trigger that BUY..... you saw it last Thursday at .002, the drop for that split minute or so and shot straight back up. The available shares for purchase were gone immediately. Didn't stay there for long.
As I quote DD22
"It's actually very obvious whoever the seller was today that they were patient and calculating to not crush the bid and keep the pps stable while making as much profit as possible with the day's trading. Especially if they bought them below .01. Dumb ol' novices making a double in 3 trading sessions."
Actually NO.
That bozo could not crush the bid because it stayed at the 2 mark, thanks to the tiny BUYS and then their panic sells exposed themselves and what kept things "stable" was that 666 share buyer guy at the ASK. And then you see another attempt for that large sell off for.19 and someone else tried a 123 on it, back to .02.
and then your other quote
[quote]If folks really believe in the company then why does it even matter the details and volatility swings that this will incur? A true long believes it will go up over time so who cares how it gets there. The object of buying and selling stocks is to make the most $$$ as possible for your family's future.
[/quote]
A true "long" protects the integrity of a stock that they know will generate wealth for EVERYONE, not just for ones own selfish gains until the company says so. (IE through resignation, buyout, bankruptcy, lawsuit etc) Also a True Long" makes no mention of selling stocks at all especially at this insignificant level. NASDAQ is when get to start talking about SELL of this stock.
Try the experiment yourself, just look for a sell off dumper and buy at the ASK after their dump. The amount of shares need to go to the next tier can be started with a tiny buy at the ASK. You don't have to believe anyone, just test it for yourself. As they prepare to keep dumping, its better for the ones who want to get in and hold as a true LONG. A TRUE LONG protects not only themselves, but OTHER longs as well.
