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Re: BigPapa23 post# 47428

Thursday, 04/17/2014 2:22:02 PM

Thursday, April 17, 2014 2:22:02 PM

Post# of 57066
I'm not so sure of that. If this stays in these levels (3's-4's) until that PR it is highly unlikely this will run that high. We've been trading in these low levels for so long there will be massive profit taking. I think this won't surpass .0082 which is our current 50MA unless there is an immense amount of buying pressure to outweigh all the selling that will occur or if we start moving up PRIOR to the PR. This has been trading way too low to pass .01 just from one PR even if its to show the completion of the LOI. I'm not trying to sound pessimistic but when a stock has been trading low like this for so long under heavy manipulation the struggle it will have to pass to move up that high is nearly impossible. I will say we'll have enormous volume the day of the PR but the amount of selling to follow the buying will most likely outweigh the run it deserves.

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