RE: 283,000 @$0.79!!!I've been in this since the ROF started and did some trading in the high teens. I don't post but constantly monitor the boards for KWG and SPQ. For Edson and Grandejohnson's inputs, yes, I like reading those since they are intelligent (not interested in bashers on the other hand, i have my finance education and just ignore bashers) and I see the frustration for all us descent investors, as I am in the same boat. These companies haven't produced anything significant and in a bear market like tsx, they need massive results to move.
I have placed my orders for KWG to sell all 68000 @ 0.79 too. Enough of these institutional day traders...who pump and dump to lock in profits that their companies have lost in the ABCPs and other market crashes. I also placed my SPQ for sale at the same time. I don't think I can care much about DD because when it comes, what happens to KWG stock? Dip down to 0.005? If they transfer assets, there's not much left in KWG after that. And if DD gets listed at 0.20 these shorters will short it and in a week it will dip down to single digit numbers like KWG.
Too long of a wait, extremely poor attempt from the companies PR dept and these day traders have killed the ventures market. Too bad unlike some developed countries, TSX or government are not passing strict rules against speculations. Most descent countries try to control these institutions from speculative trading so that markets can rationalize where companies start getting valued on their merits rather than some traders choosing to pick these stocks and pump and dump.
Well here's my contribution to this plan. Hope this works out guys. There's still a lot of people selling at 0.045, 0.05 etc. I am not sure if we're allowed, but I like the idea of buying 100 at 0.50. I will try to do it and see if it works, normally my TDW account doesn't let me place a buy order at that price variance.
Good luck to all. Hope other investors get the same idea.
One more thing, everyone should ignore both bashers and pumpers, look beyond the obvious and do own analysis and projections.
Hope this works.