PGPM - OIL & Gas Play 900 million barrel reserve! - Page 48  

If feel like this is our current situation:

Some ways MM's entice sellers:
Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon. Hopefully, after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over. Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short. They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques they use but the above are the most popular.

This is more like poker than I ever imagined it would be...

bingo

you can tell everyone is gone and demmoralized. No excitement anymore. The MM is covering as people get bored and scared.

basher

now way. i am holding. not letting MM get my shares to cover.

I really dont care what the MM's are doing because this baby will eventually recover. I have no reason to be scared.

i just picked up 8000 at .141, wasnt getting filled at 14 for like 20 minutes, moved to .141 got filled in 10 seconds

no one does. esp at .14. if i had more cash i would buy. i have my remaining cash with a buy at .13 because it think it will be a huge bargain. this is a .33 stock soon.

nice, take the bargains while it is slow

Holding very well, it will goes up next week for sure.

hopefully this will close in the green today, I think tommorrow should be good, maybe people will be loading up for next week ?
14.5/16

OUCH!!! this is taking a hit.....12.5

I will be loading up on this if it stays at these levels til tomorrow. I can't flip the play I am in right now or I'll get flagged

i just bought more at .13. I am changing my SN because i predicted this decline at this time of day yesterday. Wait till after lunch and I think it will hold at .15

You are smarter than you give yourself credit for I will admit

interesting posts from you,quite the spectrum of confidence and knowledge

we'll see

Holding well, will go back up soon.

if I can sell another one at the price that it is right now, then I will try to buy this one

when is the next PR scheduled or expected?

I thought someone had posted it but now we have about 100 pages so its buried somewhere.

Made a nice 'small' fortune, $20k+ by buying @ .05 and selling @ .245.

But bought back in @ .19 with initial $$ and now I'm down $2k, well not to worry though, this will run again with the proper PR.

Anyone remember what I'm talking about?