OTCPK:MEAOD - Post by User
Post by
sapiensunuson Feb 26, 2013 3:12pm
184 Views
Post# 21044580
White Elephants
White Elephants “Stick it to the Elephant”
We all agree that the market isn’t always right and MTO is not being priced fairly.
Technicals say this thing should have already popped and started a new leg up… but it hasn’t. If the volumes were like BAC – 007 TDSEC would have a tougher time. Don’t get too excited because it happens at that level as well.
Oh…so many complaints on this board about computer trading… welcome to today’s arithmetic trading reality. You can’t have the pros without the cons of technology. When a security behaves this way a certain “sequence” of events needs to play out…
- The stock must be viewed as desirable. The laws of supply and demand govern.
- All low ball bids must be withdrawn.
- Purchases done with market orders only.
- Market sell orders should cease to exist.
- Once an investor reaches a desired position… sell orders should be placed at double or triple the price for four week terms and held there.
- As time goes on and with support of good news - eventually - the only way to buy is to buy the existing orders that will be set at double the price.
If investors do these things it will put an upward bias on the price countering the forces that are trying to keep it down. Soon those very forces will exhaust themselves.
The elephant is relying on other people to follow the price that is set… in theory… eventually all shares purchased will have a long sell position with a fair market price… that will help end the “elephant” fixing.
GWH