Project 1999

Go Back   Project 1999 > General Community > Rants and Flames

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #10  
Old 02-29-2012, 02:01 PM
Orruar Orruar is offline
Planar Protector


Join Date: Apr 2010
Posts: 1,563
Default

Quote:
Originally Posted by KentalCowtipper [You must be logged in to view images. Log in or Register.]
Yeah Stealin.. 100 mllion shares traded yesterday.
40 million dollars worth of shares traded so far this week.

Do you think this is some fly by night scam? I've seen penny stock scams but I have yet to see one where Wall-Street en mass hopped all over it like white on rice.
I've seen 3 and 4 million block purchases here at .20 + a share - thats 600k-800k. No one invests that magnitude in a penny stock scam. Its either institutions or fund managers.

The buying pressure and the price rise tells the story. Also if you invest too man check out the Lev2 bids/asks and how they're stacked.
Which is why the institutional ownership of this stock is 0%? Do you know how to read financial reports? I'd suggest taking a look at their financials, it's not pretty. I'd also suggest you cash out with your big payday now. The stock can't go all that high, considering that even if this ends up being the cure for cancer, they'll have to issue a buttload of new shares to raise the capital necessary to cash in on their discovery.
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 02:47 AM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.