OTCPK:WSRLF - Post by User
Post by
miner49er62on Feb 16, 2010 12:09pm
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Post# 16788031
day traders
day tradersSome people who post on these boards are just day trading bottom feeders. They get onto stocks that have some good potential but have not yet developed. Then they run the old routine of selling into the morning volume and then bashing all day to cause a retail sale or two back into their hands at a penny or two cheaper. They don't need much to make some chicken scratch, but they are not investors. They pick up a few hundred a day doing this and that is their whole point. They know nothing they just feed from other posts and create doubt. That is all. I put em on ignore because they have no legitimate contributions they are vampires.
When they get hurt they start whining or really bashing hard. That is what recently happened and those who still post here are amateurs, the pros have moved on to other stocks. Once a material change happens in a company and you get institutional buying, the game has changed. Level 2 isn't as reliable as it was as a trading tool because big buyers don't show their hand, they just wait and sweep in when offers build to nice sizes.
Just some food for thought..
Miner