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MMs want this down! They closed it below the bid! 3 green days in a row. Slap it tomorrow and they will have to cover.
That is what Paul Sorkin has said repeatedly. I'm long 7 million now. Bought 2 more today.
The converters have halted
Added another million
I will second that.
Keep pushing and they will have to cover!!!
Ask is very thin!!
Any uptick on low volume here is unusual and means the converters have haunted until the PPS gets higher. IMO
The DTC is listed as owner of over half of any pink sheet stock. So you could probably double that number.
That is never an accurate number.
I have a feeling if we get a real push here there will be some covering.
85000 at 3 followed up by 10000 at 29. LOL
I own 5 million shares and I am going to add some more this week. I just wanted to see what the mms are up to.
I did a test buy at 18000 at 3 to see what would happen and it was immediately followed up by a 10000 buy at 29. MMs want this to stay down!!!
Funny how that 18000 at 3 was immediately followed up by 10000 at 29
OS=688,000,000
NOT BILLIONS!!!
All this negativity is infectious!!!! People relax
This exactly what I talked to Paul about! This is a buy!!!
The conversions have haulted!! It is time to buy!!
I will have some dry powder soon. If nobody clears out those 29s and 30s I will.
The company wants the converters to convert at a higher level. Since there is a good relationship with the converters I See the conversions stopping for a little while. This good for us because less shares will be converted at higher levels.
The last run to .01 was when most of the conversions took place. If we make another run to a penny we could end the conversions for good.
GO ACGX!!!!!!
The company want conversions at higher levels so there is less dilution. Maybe the good relationship with the converters is paying off. Seems like the sell off has halted.
If these low volume up ticks continue we are in good shape.
Good day keep it up! !
Been a good day so far. Let's see those s3 back. The sellers are gone.
Low volume up ticks are a good sign. Let's see if we can continue this.
He did say that the S'S is the same as when I got it from the TA.
3rd quarter ends September 30th
He said that the conversions would be finished by the end of the year
It was my conversation with Paul. He said the conversion rate is 100 million per quarter.
Sellers are gone now we need buyers.
We average one green day a week. We need to break that cycle.
Something different would be nice!!!
I forgot about the assets!! Profit margins are low on this competitive business.
We have just reached the BLOW HOLE!!!!
LOL
I'll be slapping it next week for another million.
AS 750 MILLION
OS 688 MILLION
I'm gonna hit it for another million soon.
The SS in the same as I mentioned in an earlier post. I was told there will be an update very soon.
An auditing firm doing an inventory on 7 location throughout the country sounds expensive to me. At this point I would rather see them focusung on growing their business. I think we are going to be just fine.