OTCPK:IVWFF - Post by User
Comment by
SAMITHEBULLon Mar 18, 2003 9:29pm
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Post# 5956962
RE: Bids improved
RE: Bids improvedThe good news is that since we are already at .03 cents,there is not that much further to go w/o saying bye/bye.But i do not think that will happen.The market is going to try to get every last share it can for as cheap as it can before we go up.I have seen it a thousand times before and this is no differnt.For example.
I own shares of SWN .The whole market new it was about to be taken over.So what happens last week?For no reason , it drops from $4.39 to $3.60 in 3 days and closes on Friday at $4.00.The market suckered the weak hands out of their shares.What happens on Monday morning? They got taken out at $4.77 a share.Tell me how the person that sold on Friday felt? Ooooouuuccchhh.
Point being,the market knows major news is coming.When?Sooner now then 3 month ago.So the Market Makers will do their very best to suck you dry,it is up to you wait.
I am sick of waiting to,but remember the whole market is based on emotion, and right they are being tested.Who will win?
Cheers
samithebull