GREY:PENFF - Post by User
Comment by
MCPOWERon Jul 15, 2007 7:43pm
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Post# 13092218
RE: Yingling Buy-Sell ( Profits $ 182,103 )
RE: Yingling Buy-Sell ( Profits $ 182,103 )"Over the past year, Yingling has sold more PEN shares than he bought ... bought $319,788, sold $501,891 for a net of $182,103 (TD Waterhouse provides INK Insider Report free for clients). He still holds about 1.7 million shares." newmember10
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$182,103 not bad for a year. He must be pretty proud of himself. Making that much money trading PEN. makes you wonder why there isn't a bid for 100,000 at 0.75 or even 0.80. It's only $75,000 or $80,000 for an insider who make over $180,000.
On another note, I was delighted to receive another very informative dialogue on Market Manipulators and how they work. So, I will share it with everyone.
THE DEADLY ART OF STOCK MANIPULATION BIBLE.
RULE #2
The only reason you have been invited to this seemly incredible banquet is YOU are the main course! After you have been suckered into "his investment", exchanging his paper for your cash the walls begin to close in on you. Why is that? Your favorite home run stock has just stalled or retreated a bit from it's high. Suddenly there is a news VACUUM either no news or BAD rumours. I discovered this with quite a few stocks. I would get LOADS of information and "Hot Tips", all of sudden my pipeline was shut-off.
The really slick market manipulators would even seed the internet news groups or journalists to plant these negative rumours. He may be doing this to avoid the disapointment of a "dry hole" or a failed deal. Don't think this wasn't contrived. You will see evidence of a VERY sharp drop in the share price with HUGH volume. That is you and those in the know running for the exits. Manipulators were peeling off their paper to START the downslide and EXCELLERATE it. The quick slide makes it improbable for you to get out at more than what you paid for the stock.. and gives you a reason to "hold on a little longer" in case the price rebounds.
Good luck to you all!
CHEERS!!