How "cheap" are they now???
I suspect some bags are starting to get really heavy.
Even worse is the realization that the can't even sell those big positions into this paltry volume.
A little DD before jumping head first into a pumped up stock can save thousands of dollars in the long run.
ALLRIGHT!!! Now it's UP 2 cents!!! GoBabyGo!!!
Just can't stop this freight train can you???
Oh no,... wait... someone else just sold out,
Down a penny now. Not to worry, it might be back up to 7.20 soon.......OR not
Tell you what, I just did some quick figuring on the adding machine, I shorted this micro-turd for over $22,000 in profits so far. And that's REAL in the bank profit, not some unrealized paper profits that you longs hope to collect some day far in the future, if at all.
Traded the pop for a nice gain. That pop lasted about as long as an 80 year old's hard on. Don't really like to brag, but since you choose to berate me because I still had 500 sh short, I failed to mention that I was at 2 times short over 5000 shares above $9. You can do he math, eat your heart out loooozer. Traders rule while "buy and holders" drool.
You "think" you've laid out your case clearly??? Just one problem...the market says you are dead wrong. The market is always right. You lose.
Sorry Einstein, I don't have to show anything except the current price, that's the only thing important. In case you haven't noticed, YOU'RE the one holding the bag.
OK Einstein, we'll see how it shakes out. Something tells me you bought a whole lot more at a whole lot higher price. You pumping posts of the past give you away.
It's not the $800,00 order dummy....it's how much PROFIT they make on that order. How do you know they didn't have to lowball the bid just to get it?? That's what teeny-tiny companies usually have to do to compete. When you look at things realistically instead of rose-colored glasses you can get an entirely different picture.
BFD ... if you want to sit with dead money stuck in a losing position until next quarter go right ahead. In the meantime I've shorted this micro-turd twice now on the hyped gap-ups for multi-dollar gains. Only have 500 short shares left to cover, can't hold too big a position in a thinly traded stock. I'm holding the last 500 just for poops and grins. Good Luck on the buy and hold strategy.
He's only down $4500 so far.....hope he can afford it when this micro-turd drops into the 6's and he can't unload because there is no volume.
Gotta wonder how many of these fools are sitting with big multi-K positions in this junk wondering how they are going to unload into this paltry volume.
Can you say TRAPPED????