Re: Selling stock at this point will get you nowhere.Too many questions unanswered.
posted on
May 28, 2012 08:34PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
I didn't say you set it up. However in my opinion it was planned. Everything happened to perfectly thursday and friday.
All I am saying is that on thursday the share price dropped for some reason. Why?
The news was not negative. It was inconclusive, but not negative. Non of the drill results we have seen have been anywhere near the center of the anomoly.
The only thing that triggers a price drop with news like this is when people that understand the situation trigger it to better there postion. All the selling that happens after is just the weak investors that don't have a clue, dumping there stocks because thet see a price drop. That was caused by next to no volume traded I might add.
For example if I would have been greedy I could have single handedly caused what happened on thursday. Soon as the news came out that no body understands, all I would have had to do is dump 100,000 shares at market. The price crashes due to the tiny volume I sold. Then friday morining I wake up at 8am with a big smile and start buying the same shares I sold thursday for half price.
Note: Remember your average joe that owns these stocks only looks at share value, and not volume. Anyone who saw the small volume that crashed the price thursday would have understood what was going on. It even got me worried for a minute or two until I realized what was going on. So obviously there where tons of people that are clueless ready to dump by friday morning.
This has been done several times with this stock. And it will continue to happen due to the fact that the news releases are hard to understand/ poorly released, and your average joe that owns these stocks does not do any DD, and the slight price drop scares them to death. The smart people know this tactic will work everytime!
The worst part is people keep phoning me asking what the heck is going on and I have to explain it time and time again.
DO YOU OWN DD PEOPLE. DON'T BE LAZY AND LET THE SHARKS SCARE YOU AND ROB YOU BLIND.