Market Watch for the week 8/3/2009

[Dr. Dave]

Sean--
I would have paid good money to have you in this forum back in February-March of this year, when the stock market was utterly insane.


Good morning, all. I'm in Dr. Dave mode (no sleep) after going to the Jimmy Buffett show in Cincy last night. I don't know how DD does it on no sleep. I'm pretty much useless today.

Ha - I"m useless on no sleep too - that's why I'm looking at stocks, easier than real work, lol.

[Dr. Dave]

Ramsey, you lurkin'?

[Sean]

i posted this earlier but why do stock prices/volume go up before a PR sometimes? do people know when its coming?

[bassmaster]

Good morning Bass. They are signing the acquisitions of three companies on August 28th. Keep that in mind. It is still very young in a run...let's keep in communication....people are just becoming aware of it. Please share all your thoughts.

these freakan bidwhackers are killing me....

from june 24 till now its been trading below the 50 dma, it even tested the 200dma and bounced right off it. lets see if we can hold above the 50. tight now, its a big fight , hopefully we can get a stock promo or word of mouth demand to give this some more momo. we need a close of at least 31.

[imromo24]

I just want to warn you guys about pennies. I have ADVR and its not even a company anymore (afaik) ive had it on my "portfolio" for 6 years and last year or so they issued a dismantling of the company, i swear it said they sold all the office furniture etc

Why does the ticker stay open if the company doesn't exist? Yet today its up 20% and its been up more over the past few weeks.

[Sean]

20more minutes until lunch
Dave how did that video store stay open? it sounds like they were losing money.

i hate seeing "Last post by: Sean"
then i know theres no new stuff

[thetree]

i know this is Dbag conspiracy talk, but if mglg had "the magic numbers" and they were buying a ton of shares while prices are low, before releasing them, would that be illegal? I mean, they dont even release financials, why would they have to release these numbers before buying shares?

[bassmaster]

i posted this earlier but why do stock prices/volume go up before a PR sometimes? do people know when its coming?

there are always some people who have inside information and use it. you will find that on a penny or a big board stock.

[bassmaster]

i know this is Dbag conspiracy talk, but if mglg had "the magic numbers" and they were buying a ton of shares while prices are low, before releasing them, would that be illegal? I mean, they dont even release financials, why would they have to release these numbers before buying shares?

im sure they know what is going on already with their gas lines. i dont know if its illegal, but if true , its very bullish, no?

[Sean]

ahhhhh 5more minutes till lunch.
man thats not fair, i'd love to have inside information.... they could make a fortune! or go to jail.
lol i can picture that mickey mouse clock dave, with mickey's gloves as the clock hands.