RE:RE:RE:RE:RE:RE:How I understand Aarman's Case There are two sides to the story. Let me explain, but first if you're asking me if I flip Pyr I do not and have not. I have however flipped 20% of my HPQ and I am long on both so i'll explain why I did.
First, to assume that selling some of your position to buy back in at a lower price means you are somehow not long is simply not true. Why did I flip some of my HPQ? To increase my position. It is that simple. I look at how many shares I have of the companies I am long in and I find out ways to increase those positions till I get to a percentage I am comfortable with.
I do this primarily by having two groups of stocks. Stocks I am long and stocks I am simply there to make money in order to increase my long positions. Now if you're saying that doing so is bad because it might lower the stock price, I have to disagree with you. Its actually a good thing in my books. Why? Because I'd rather have a long double up their postion then allow day traders to have those shares. So by selling some of my holdings and taking profit it then allowed me to nearly double my position in HPQ. Now going forward, I have even more shares that I know are long for the next several years thus helping the stock. I just stole all those shares from people that may not have been long.
Now why don't I do this with Pyr then? Again simple answer. I am overly weighted in pyr. Its a bigger percentage of my current holdings than I would normally allow. So I am not interested currently in increasing that postion. Now you might say, but if you believe in the company why wouldn't you want more shares? Simple answer. I have my own set of rules, and I must always manage my risks vs rewards. It does not mean I am not long on pyr. Its simply I am holding enough shares of it, but not enough in my other long positions.
I hope that provides some clarity for you.
canyousayiii wrote: PteRoy, thanks for sharing your formula. I bought all over the place and never sold anything on a quick upswing. You guys can call me a fool but not a shorter and a basher. There are very few "longs" i would trust here and none of them are those pushing shorter conspiracies on this thread. It is unfortunate that some are wasting Peter's time with this junk. I would rather have "my" CEO not get suckered into this junk and retort to commentary that serious investors may not quite appreciate.
PteRoy wrote: I have no problem with you Arman. But I'll explain my issue with what it is you're saying, I am not accusing you of this. But it is unfortunately a tactic that is used all the time. And when it comes to money, people should never trust anyone on an anonymous online forum.
Get good at T/A. Watch the charts, and try to time the peak. Sell your position or some of it at the peak and wait for the pull back. When you think the pullback is now over, buy back in. Then go on social media and pump the stock. Try to convince others now is a good time to buy with hopes of raising the stock price back up. Then its a rinse and repeat.
For all I know you just love the stock and want others to be a part of it. And I hope that is the case. But like I said, this is money we're talking about. And people will lie cheat and steal to make money.
Aarman4 wrote: I appreciate the props Mattboy, and also well saidbut you won't be changing their minds, lol, they've picked me this time. We all know that publicizing conspiracy to commit market manipulation doesn't legalize it... That's like saying they is legal if everybody witnessed it in the open... Give your heads a shake..... I buy and I hold, I buy and I hold, I buy and I hold.... If the company is good, and the price is cheap enough when I buy, it pays EXTREMELY well, and that's why I look forward to having my securities priced low, because I'm buying, and I believe in them long term....but I'll never organize to try to effect a share price! Cheers!
Mattboy wrote: PteRoy wrote: Well said. I'll also add, when you see these people and every time the stock falls 5 cents they're screaming they're buying, what a gift, I just bought 10k more and then it falls 5 cents oh wow what a gift I'm buying guys 10k more shares. Their agenda is clear. They're not here to help you. They're here to help themselves.
DeepSilicon wrote: He tells us on this board that market manipulation is illegal, and that he won't be doing it. But at the same time he posts saying he wants to stock price to drop so he can accumulate more. A lot of his posts seem to be bearish if you ask me.
I don't know what is illegal about multiple people coming together to talk about a company, make memes, and share information. It is an open platform. There is no secret shady room behind the scenes. Everything is out in the public. It's all public. No one is hiking the price with a planned exit point. There is no manipulation, the only thing that is going on is open information and communication.
If you're against open communication and want to try to walk down the stock price so you can buy more, be my guest.
You don't seem like you're in it if you're trying to bring down the price of the stock by posting on here, and screaming at people for being bullsish on the stock so you can accumulate more. If anyone seems like they are into manipulation it's you Aarman, not us.
GME made us realize that we were getting screwed by limited sources of information and manipulative posters who try to spook people into selling so they can walk the price up and down with high frequency trading. Enough with that garbage.
i think you're being a little hard on Arman. His argument is valid if you are a long term shareholder the price shouldn't bother you day to day. Call it manipulation or whatever you want the only thing holding this thing down is lack of contracts. Is it game changing technology? Yes according to the CEO but until companies adapt and purchase this game changing technology and signal to the market that it works we will sit at these levels. Rome wasn't built in a day and stocks don't move 1000% overnight like some posters think/wish. I've been in this for 4 years now as well as HPQ I bought PYR at .40 and HPQ at .08. I had to wait and have been rewarded for it. Some investors have only been here a year or less and expect the price to jump by multiples of 10 overnight. Not going to happen. Contracts will get signed and the market cap and sp will go up. Don't sweat the day to day just sit back and know that you have a valuable stock that will be worth a lot more in a year, 2 years, 5 years from now. Best thing you can do is not watch it yo-yo up and down every day it will drive you crazy. Also don't invest more than you are willing to lose and don't set short term goals for price because anything can happen in today's crazy world...