If you are TRADING this stock you don't stand a chance. There are so many 100 share ($80 total + commission) trades used by the flash manipul8tors that the normal speculator can't get a fair shake. But if you are investing for the long haul, I really think you do have a chance because it seems to me, after reading the recent releases (FACTS) that the good management this company has will eventually (not today) make you a bunch. I admit it is hard to pump this stock under the current conditions, but it certainly should not be put down, either.
Lately it appears to be down, but sometimes they are used to drive it up. some trading signals are:
100 = I need more shares
200 = I need shares badly, but do not take it down
300 = Take it down so I can load shares
400 = Keep trading it sideways.
500 = Gap the stock. This gap can be either up or down depending on the direction of the 500 signal.
If you think I am wrong, then watch the NASDAQ Time and Sales. You can see it happening.
But I have to admit I do not understand why there are so many 100 share lots traded in a very short period of time. Can somebody please explain it?
If you don't like it, write the SEC
the point is that there is definitely manipulation of this stock, and it will never reach its full potential until somebody finds a way to stop it. Why else would somebody trade hundreds of 100, 200 and 300 share lots of a sub $1 stock every day, every week, every month. Check out the Time and Sales -Intraday on the NASDAQ website of the CNBC trading web site. If you don't like it, please be one of those that writes the SEC and asks them to enforce their existing rules, and if necessary make new ones.
Not possible. There is no manipulation on this stock. Just because 28 of the first 30 trades listed on NASDAQ website this morning were for 100 or 200 shares each (total of about $65 or $130 each) doesn't mean the price can be manipulated! Be careful what you say. maybe the SEC is watching, and we would not want them to do something about it.
Interesting trading. NASDAQ shows 23 separate trades for 1600 shares each (36,800 shares total) at $0.661, all with the same trade time.
Keep up the good work. I'm still betting on 50 cents soon.
Oh, how can you possibly claim manipul8ion. Only 26 of the last 50 trades were for 300 shares -$216 or less -- The other day there were 37 of the last 50 trades under 300 shares --- Now that's manipul8ion. But, don't tell the SEC. Lets just keep it between us fools.
It is really disappointing that 35 of the last 50 trades listed on NASDAQ were for 100 or 200 shares, and the best they could do was to drive it down to 73.5 cents. Lets all get to work and drive it down to 50 cents. Do your part --- sell a lot of shares. Ignore the facts and drive the manipul8ors out of business.
41 of the last 50 trades shown on NASDAQ were for 400 shares or less ($288 or less). That's not mom and pop, that's manipul8ion.
It does not look like trading has stopped. There have been two trades shown on NASDAQ for 100 share and 200 shares. The manipl8tion continues.
Oh, I understand. I just don't control it, and I try to take advantage of it when something like this occurs. My target, like Boris suggested, -- 50 cents. Keep working on it, Piggy. I'm sure you can get there. It doesn't seem to make any difference that this is a company that has demonstrated really good assets and very talented management in the two years they have been in production. Not many young companies do this well. If it wasn't for the manipul8ors the price would be about $3.20 at this time and quite a bit more next year.
32 of the last 50 trades of LODE listed on NASDQ website were for 100 shares (about $79 total each). No manipul8ion here. Where is the SEC when you need them.