It's called a shake out Jack...check today's chart... a gap DOWN....they ALWAYS close...BOTH WAYS ! Today the MM's triggered all those stops with a quick little walk down but the selling didn't last long... I'll stick by my prediction of .47/8 but we won't be able to buy at that level...it will be the bid. I never do what my crystal ball TELLS me to do...but I listen to what it says....it's telling me that we are VERY near a bottom here. catman....ISYA
PS....go back and check the charts and compare them to the NEWS releases....this stock ALWAYS crashes just after GREAT NEWS ?!?!?! I think it's massive naked short selling, betting that this company will fold up before the $$$ starts flowin IN instead of ALL OUT. Lately it's all flowed OUT in the form of delusion. I watch for a s-8 EVERYDAY....I will be out the second that I see the next one....the last one cost ME/us a TON OF MONEY ! This company IS a POC/S....chances, I RECKON, are VERY slim that I'll see my original investmeent....all I cling to is HOPE at this point. I have NO FAITH WHATSOEVER in the management with regards to protecting OUR equity. They will get paid no matter what happens.
PS...to tell ya the truth...the way this HAS been financed I'd be AMAZED if this doesn't go up for sale/buyout before we see any real return on our investments.....though... that alone would spike us quite a bit.... How do ya start a BUY OUT RUMOR ? ;) If the shorts can hold the price down until the comapany needs more $$$ then the next Warrant issue will be even CHEAPER ! Death spiral financing.....a no brainer. If we don't see at LEAST A BUCK before the next Warrant issue this company will not be worth the paper that hangs on the wall in your bathroom....
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