ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Well, I think we should spend the next 2 hours trading at the same price. How about .199???? Seems to work, doesn't it? If you are selling, move the ask up. Isn't that the idea?

Didn’t I say in a post just a couple days ago that a big obstacle would be getting thru .20 (followed by .24) because the biggest block of dilutive shares lurking in the overhang was priced at .14 and that these would become priced to sell at .196, LOL?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109678467

The silver lining is that at least the ask wasn’t getting dropped. This at least allows accumulation and consolidation to occur and for a stronger base in the .19x levels to be built. In the past, non-chalant dropping of the ask is what prevented solid bases from being formed because the ask-dropping followed by bid-hitting routine kept taking the sp down BELOW the current levels where bases were attempting to be built.

Considering how far we have come in just barely a month, I am actually glad that we traded sideways today (just don’t go down!!!). Although we spent a lot of time trying to break .20, we had TONS of shares traded for .199x, which is for all intents and purposes .20, right? Trading at .190x would be a different story.

Over the past 2-3 days, I believe we have now traded over 3M shares in the .19x levels, which is a GREAT and solid base to build up from. We haven’t had 3M at a price level since we were at .13-.14. We kind of shot up from .14 to .19 with only about 1M shares at each price point in between.

Funny thing is that up until 5 weeks ago, we would have been thrilled to see 1M shares at ANY price point, and it normally would have taken 1-2 weeks to churn 1M shares over, LOL!

These past 5 weeks have really accelerated the time it needs to flush thru the dilution sitting in the overhang. Prior to 5 weeks ago, the market was so illiquid for SCRC that it literally would have taken almost a year to flush thru everything, but now, we are on the downslope. CONSIDER THIS: As of today, can you believe that there is now LESS THAN 1M shares left of restricted stock waiting to unlock? THAT’S IT!!! (NOTE: This is assuming no more were issued during Q4’14 beyond the 439k that were disclosed as a Subsequent Event in the Q3 10Q, of course). Keep in mind that I am strictly talking about shares still on restriction and NOT the shares that already unlocked but are still lurking in the overhang.

And assuming that my estimates are correct in that all unlocked restricted stock that is in the overhang that is priced under .12 is all gone by now and that the shares priced at .12 should be at least half gone by now, we are in good shape so long as two things happen: (1) Buying interest continues to be at least 700-800k per day, and (2) No bad news is announced.

If so, then we could be on track to be DONE with all the overhang by the time the 10K comes out in APR. It’ll be tight, but do-able under the right conditions.

Remember, it is NOT the share volume that will determine this. It will be the dollar volume. Remember that even after today, from the time the run started in early-DEC’14, we have traded approx 18.3M shares… …but yet that translated to only approx $2.7M. Think about that. Only $2.7M traded created the run we have so far up to .20. In just a 4-week period during the epic P&D, we saw over $7M traded. This tells me that we have barely even tapped the well that is the retail market. And we didn’t have TUTs who gave a crap about SCRC back then during the P&D either, but we do now. Point is that there is still a TON of capital that is available to buy into SCRC.

I ran some quick projections, and if we were to be able to average just 2M shares at each penny price level, we can hit .30 and would have still only generated approx $8M in total trading volume since early-DEC’14. In those dollar-terms, it does not seem unreasonable at all given the new publicity channels and new eyes that are now seeing SCRC for the first time.

Good time here… …just don’t get fat and happy and begin resting on your laurels!