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Re: vikingzskillz post# 55405

Wednesday, 07/23/2014 2:03:56 PM

Wednesday, July 23, 2014 2:03:56 PM

Post# of 130743
Ok...my analysis of the trading data is as follows:

1. We need to cycle thru approximately 14M shares in the price range of 0.04 to 0.042.

2. The MM's were actually covering short positions for most of the trading days we were green.

3. Yesterday was genuine profit taking, as well as MM's shorting.

4. All indicators (which matters to me), are pointing to a much more robust & aggresive run, than the first major run!

5. The 14M shares to cycle thru is WORST case scenerio, and majorly depends on the long shareholders.

Not trying to bash....just analyzing the EPGL data...that's it.
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