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Thursday, April 20, 2006 5:24:11 PM
i believe you are/were a HUGE proponent of "bid-sitters" being a major cause of SP stagnation/decline
and also stated that, regardless, SP wouldnt hit .0002
but obviously .0002 has indeed become an intraday reality
now IF the ask sees .0002, are you suggesting that individuals shouldnt even bother to offer the ask because "...They won't get them because of that immediate pressure. They would move it away so fast you would miss it if you blink..."?
but what happened @ .0003 and .0004 that so many stated SP would never reach?
and how do you think those individuals are faring that were advised to hit the ask at those levels?
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PS: peng
re: "...we know that this thing can only go up from here..."
do you think many shared that sentiment just before the 1 for 10,000 RS?
we have all hopefully learned that even .0001's are not a true bottom with these "gems"
and as to "no RS"?
i have already given several specific examples were companies in CCs, PRs, etc stated "no RS"...only to RS...many times in spectacular fashion
and again, this "gem" stated "no reverse splitS"...as in plural...so given their documented penchant for interpretations of statements [eg: capital structure not changing, etc],...there is room for "error"
...please standby
GOOOOOOOOOOOOOOOOO BKMP! ;)
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