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Maybe, maybe not. As you can see small ss and whoever just bought at .015 is sitting nice.
Small ss that can make it run, as you can see.
This is massive. Should run for a few days as people find out.
Welcoem to a Reverse Split
Should have also asked what the current share structure was (as of today) since they were already at 200m o/s and will be reducing down to 200 o/s after the r/s (they diluted).
You can call it whatever you want, but a chocolate covered piece of crap is still a piece of crap (R/S).
Lucky, how many shares are you up to now?
Don't forget that in 5 years they will be gone with your money.
It's not bid whacking its Dilution.
They were trying to save you money?
3x the O/S traded today and VERT on the ask, its dilution.
They are diluting. VERT is on the ask, 6x the "float" of 90m has been traded today, obvious dilution.
With VERT on the ask now, I think VERT was diluting shares in the background. Now just wait for the R/S for more dilution.
This will run, MM's playing games. I am adding more here for the run that will come.
Per the TA when you do the math, the float is 200m larger.
And since then the have increased the A/S, O/S and the float has increased 200m shares (per the email response I posted http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53458616).
Knowing (per the TA) that the float was so low the same time the GURU talked about it, I bought 1.7m shares. With the updated share structure I have dumped all of my shares.
Ugg, they have dumped some of the shares from the A/S increase.
Per TA this morning
Watchit Technologies
Authorized 1.5 billion
Outstanding 1,119,221,281
Restricted 872,833,106
You could have made it more shares (I forgot an AON on my sell). Just needed to clear up a couple of hundred for a couple of days.
And that is why I got out. It is a promoted stock, they rarely hold.
Yep, wanted out, tried to build some more hype. Everyone posts because they have and agenda. Entered this one over a year and a half ago. Sold my last 180k, not sure what mm. First and last penny stock I married instead of dated.
I'm finally out of this one with a large loss. Have fun, just keep your eye our for more of those fake profits.
Great time to buy on the dip. Going north from here.
I got the same email with slight different wording in some lines. Wish I was in down here instead of around 4.5 cents (closer to 1m shares accounted for would be nice).
Lets pound them with emails and phone calls. Seems that is the only time they respond.
They never responded to my email. I at least want them to ungag the TA. Lets take a tally of the shares we all hold, we might be close if not over the 6m float. I know of 365050 locked up.
By the way it has traded in the last few months, I do think that the float has changed. At least they can update 1 thing quickly and easily.
Everyone should write them telling them to ungag the TA, it's a deterrent from buying this stock.
yep, lets burn them.
If they dont give us financials, at least ungag the TA. I do not believe the float is 6m anymore. 2.1m traded today alone.
Minimum number of short shares increased today by at least 98,676 to a total of 446,738.
20100413|DLCR|117942|137208|O
I like days like this, stock goes down, they get shorter, just waiting until I can clear up more funds. I would love to see .01 and them short over 1million shares, squeeze wouldn't be far behind that.
Minimum short increased today to 348,062.
20100412|DLCR|18115|25115|O
Shrunk a little on Friday, minimum short is now 336947.
By my calculations, they are short a minimum of 353,947 shares.
Darn, I free up some cash to buy a few hundred thousand more shares and it goes up. Now the question is do I wait or try to buy. Half of todays volume was short too.
Just saw this from the top active, this is some strange volume this morning. I think the MM's shorted and will be in trouble. I just jumped into this. This should be over $.01 easy.
I have an idea for the next person to call the CEO, ask them why they have not taken a pay cut yet. All financially tight companies have done this, except ARSC who just print more shares to pay their 144K a year salaries.
Never finalized last I saw.
WTF. 86.5% of the volume today was short selling and it goes up 37%???
http://regsho.finra.org/FORFshvol20100304.txt