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Re: None

Friday, 12/02/2016 6:24:46 PM

Friday, December 02, 2016 6:24:46 PM

Post# of 11429
The "United Front" Theory

We are enjoying an epic run here with few pullbacks. To note, 14 of the last 15 days have been green (share price - SP).

The share volume and est. $ volume have varied wildly over the same time period.

I think it is notable that on days when the volume dries up, the share price hasn't really retraced (at least yet) despite our big run-up (100% increase over past three weeks).

This is atypical.

My theory is that the free float has shrunk considerably, and those of us lucky enough to be shareholders (insiders and investors) all have a pretty good idea to where this stock is going. It's a veritible "united front" if you will, with very limited profit taking.

Now watch, it'll close below $3 come Monday and my theory will be debunked. But so far I think there might be some validity to it.