of you rocket scientists out there who complain
about manipulation and in the same post say things like
"I sold all my shares and now I am going to buy back
when it hits ___" well, this is the point. And by the
way, this is a low volume, low float stock. Yes, the
mm's do play some games with this one, but you people
who give up your shares are suppling the enemy with
arms. The mm's will take your shares, sell them to
whatever buyers they have, and keep the rest in the
holster. When the buying has run its coarse, as it always
will with a quiet story like this, they start firing
back. Most of you pat yourself on the back that you see
the pattern and got out. YOU CREATE THE PATTERN. Hold
onto you shares. There is nothing wrong with taking
profits, but those of you who claim this is a long term
hold, complain about manipulation are frustrating. Dont
beat your head against a wall and then complain of the
headache. Thankfully we will have coverage, and the
increased volume it brings, and some of this will go away.
In the meantime, be glad that there are some strong
hands on this thing. It could be a lot worse. Have a
I have been in since the beginning. Selling in
the 30's was a smart thing. If I would have held I
would have got screwed like some did. It was fairly
obvious that the mm's would drive down the price this
week due to options. When you deal with margin. as I
do, it is smart selling and then buying back cheaper.
I saved myself a lot of money by doing this. No
matter what the stock was going to go down. The mm's
would drive it down no matter what. So I have to
disagree with you somewhat.
With that said. I have
never looked to get in and out of this stock. I'm with
this one until 100.
I am not one to sell for foolish prices like now.
I did not sell while the stock was falling but
rather when it was rising so I was not really hurting
the price. There were plenty of takers at the time.
Plus lots of institutions are buying and will hold
their shares for a long time.
Just my take. I
love this company and am long term.
Kem also said, I am an active trader. My number one
goal is to MAXIMIZE profits. So whatever I need to do,
I will do. So don't sit here and tell me I'm
driving the price down. Do you think someone as small as
I really has any control of the stock price? Not a
chance. I am nothing in the mix. Just small time compared
to most. This stock is clearly controlled by the
market makers. Anyone who watches it knows it. The thin
float allows the mms to manipulate it as the
Good luck to all, I hope everyone makes as much money
Your point is taken but I, for one, am a
professional trader and live off the proceeds of my trading.
PAMC has been one my primary trading stocks this year.
It trades in recognizable swings and I must take
profits when a move appears to have petered out and then
buy back in.
I realize that's irritating to
investors and long time holders but I try to contribute
what I can to the knowlege base regarding what to
expect in terms of technical analysis, games played
during the day by the various market makers, etc. I
can't afford to ride up and down since I live on the
proceeds of my trading.
... but I don't think anyone's in it for the
My guess is the only time we'll stop hearing
whining is if it goes "to da mooooooon".
let's not dwell on these things - the weekend is here
and Christmas is right around the corner. My plane
ticket south is burning a whole in my pocket and long
johns. I'll be checking in from the
Have a good weekend everyone!