This is a discussion forum, Eyeman. SPQ is a spec stock. I have no say in what SPQ management does, and yes I am not happy about the raises because it cuts into my profitability; but I understand the market makers were exercising their influence for future gain. Blind Freddy can see that. They would not be there on a second raise if there was not long term gain after the shorting that was going on earlier. Who benefits?
If you were in cheap, you can weather the shenanigans. I have held this stock for a few years because I saw potential early by following world mega trends, which you attempt to ridicule, hence my interest in the macro scene you obviously feign misunderstanding about that as it trickles down to the micro scene. My success rate has been sound in a few stocks. Note it is a success rate. Real traders accommodate loss through risk and reward. Doubt there is someone who gets it right all the time unless they have inside information.
Yes, I have a large holding, and consider it bottom draw. I don't need more shares. But I recognize manipulation bottoms with the raises and normally you can add to your position if the fundamentals stack up in terms of risk and reward because I feel they will be expressed in future charts which will not have the same distortion. Charts are lagging instruments. What is happening now is a point in time.
I am a position trader, not a short term trader and made that quite clear given the Tier 1 ground SPQ holds which others would dearly like to control.
So, Eyeman, are you are projecting on me, a setup you assisted in manipulating along with others for some time now given your negativity was expressed from your first posts before price declined severely? A short term trader would have set stops to manage their own affairs and invest what they could afford to lose and wait for another trade. So don't give me this, poor me, speech! If you are not projecting then you have a lot to learn in the markets both internationally and domestically which are ruthless, and you will learn the hard way. In fact, as I posted earlier, in response to Nearlydun, with the long term chart, there have been many opportunities to trade this stock. Its been quite rhythmic. Seems you have been batting for the other side since you entered this forum. If you were so clever way back, and kept to your words you would not be expressing great loss now. Just another player.
My future valuations were conservative at 10 cents when others were advocating a higher price when expectations were much higher before further results have been revealed. In due course, I think price will gain momentum to reach that goal, and maybe more, depending on how management can break the shackles.
At least I put my money where my mouth is. Suck it up, Sunshine. You only lose when you sell.
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