Today Oct 16th 2013, Chasen just announced that they won an additional $7.1 million worth of new contracts on top of the $9.1 million they secured earlier in September 2nd. In fact of Sep 11th 2013, one of the insider in Chasen started distributing and selling his Chasen shares. Studying the chart, he missed that super breakout on September 19th which was more profitable than what he sold on Sep 11th. So does insiders themselves really know how to sell at prefect timing or are they employing a buy and hold strategy and sell when they 'think" it's time to sell on good news?
As of writing now, the shares of Chasen is plunging. From opening 0.32 to a low of 0.195 now. The puzzling thing is they won a contact worth millions of $$. They gave a futuristic promising outlook for the year ahead but why did the shares plunged so much like nobody's business? Can we really trust the insiders and the news? Did they know something but retailers don't? Is there a way we can sell at a better price than the insiders and act faster than them before the plunge we are witnessing now just like how I performed my cornering in Metech when I sold right at the super top before anybody could react?
http://stockmarketmindgames.blogspot.sg/2013/09/metech-int-ronald-k-great-plunger-for.html
Surely deliberate in their intentions to stupefy, the minds behind these BBs are devious. That is why the public is always 95% who will lose $$ and the BBs are always that 5% that win $$. It's a zero sum game, period. In order to profit together with them, do you think we need to have connections with them? I would rather stay away from them and act on my own because my timing is almost always perfect as compared to them. The news, gossips, tips are all not important but the personal believe is.
Ronald K - Market Psychologist - The Big Speculator
