$SuperCom (SPCB.US)$ I've sat here and watched this stock co...
$SuperCom(SPCB.US$ I've sat here and watched this stock continuously for almost a week straight and I believe the person running this needs to be investigated for fraud.
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ABC1234567 : wondering how they fraud?
NotACrystalBall ABC1234567: it aint fraud, mans just venting his frustration
people selling because they want out, which creates a snowball effect. Everyone wants to profit off this stock, no one really cares about the company itself, just want to make money. When people see no easy money, they sell. Simple as that
70634087 NotACrystalBall: lol no one sell for lesss than pennies dude. don't you see how that' works? push down the ask and cover by a bid by 0.001. and after that same thing....just shorts and manipulation
NotACrystalBall 70634087: Of course shorts are pushing the price down, but shaky hand investors still can get scared. "No one sells for less than pennies" is a fallacy, $100 of stock is still $100, the stock price can be 0.01. You just buy 10000 shares.
Since the shorts are winning, the real counter is just have whales, but they are currently missing, maybe the stock doesn't seem appealing right now, but can be once the bears get bored
even I have considered "selling for pennies" cut my losses and leave, which contributes to the sell pressure. But I'm human, I've placed myself into another fallacy, sunk cost. I'll hold until I break even or profit
Rich365OP : actually your quite wrong.i done made my profit from this several days ago but I still keep my opinion.and if you don't think many of these companies don't find theirself on the end of a lawsuit then again your wrong.one key rule to day trade profit is get in and get out.if you don't and you lose profit well I guess thats a learning mistake for some ppl.
Rich365OP : I've got no interest in kulr and I straight banked off that and thats another company that should be investigated for fraud.Majority of companies are pretty good but some are crooked and don't care till they get caught.
NotACrystalBall : and pray tell what fraud do you believe they are committing? I cant agree nor disagree if there isn't anything you've specified. Though I can say, perhaps I should have locked in a profit ealier, but day trading is just one style of trading and its not for everyone, especially for those that live outside of the US timezones
Rich365OP NotACrystalBall: when there is over 300,000 straight buys in an hour or two time spam and its lit green across the board the price definitely should not drop.if ppl can't see theres something wrong there then thats on them.
Rich365OP Rich365OP: number manipulation which is a real thing within companies.
70634087 : PROOF... hedge want this down
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