I am reminding you of all the purchases you did between $1.30-$2.00. I will never forget! Eventually your 80 cent (fictional) purchases will be losers too. Any moron can say they bought at the lows. You always say you buy when it goes down. Doesn't make it true. We all know you don't have a dime to your name anymore. Do you have unlimited cash to just keep buying and buying when it keeps going lower and lower? lol Yeah ok!
Well that's a start at least!
I never post when I purchase. I just post when I sell and close the position. Posting when you purchase doesn't mean a thing since you have made no money, and most of the time are down money immediately.
Yes it could meet $1.20, but I will never hold this stock more than a few days. Waste of time as it's dead money 99% of the time. And eventually it will always give back all gains and hit new decade lows.
I hope those who bought in the .70 cent range will sell soon or did today. Don't let it give back all the gains on you. I dumped it today and couldn't be happier. Never bet on more PRs from the company.
I bought, but I'm not a Veg, so you're probably right. But I just sold it already. This is why I watch this turd, for opportunities like this.
Couldn't have been easier. I was disappointed when it was only 82 cents just after open, but this is much better. Time to dump before everyone else flies for the exits. If you didn't buy yesterday in the 70 cent range that was crazy. The price was WAY too low. Even a bad report wasn't going to drop the stock price much.
Now he brags when SMSI goes up a few pennies. lol
It's that simple. Just made more money in a few days than be_idiotic has ever made. Not hard though considering he's lost nearly everything on SMSI.
You can post anything you want. Doesn't make it true.
Also where would you get this money from? You had everything in SMSI already, and have no job. Or do you keep selling as it goes down and then rebuy? You probably had $50,000 in SMSI before, and now you are down to about $5,000.
At least someone understands the only way to make money with SMSI is to trade it. Buying and holding on dips is the most idiotic thing any idiot could do. After years she still hasn't learned anything.
"Try working out why it is on a Wednesday, veg. Tough one for a veg so not much chance of working it out."
Because they have a huge office party scheduled for Thursday and Friday to celebrate another quarter of paying large salaries for doing no work and selling more stock options, all at the shareholders expense.
Sure it would be oversold normally, but the overall situation has changed. Oil is in a steep decline based on new information, and now XOP and oil stocks are readjusting to that. Why would it go back up to $70+ so quickly?
Also people do not buy oil in a bear market. Where do you get that at? Remember the last bear market? Oil went from $140 to $30. Oil moves with the market, and usually at a beta of 2 vs. the market. And regardless if oil goes up in a bear market (which it doesn’t), you are investing companies. In a bear market their profits would drop as the economy gets weaker and people sell stocks.