Monday, May 22, 2006 11:03:38 PM
OK Rocketeers! This is Capt. Wick .....seeing how our fearless leader dropped the A/S, O/S bomb on us....investor sentiment has reached an all time low recently......and rightly so....as a result many are disenchanted with the company, and the pps has reflected that lately.....guess who is watching this??? the mm's... they are masters of opportunity, and we are playing in their home field....they will capitalize on the market sentiment and drive the price as low as they can get it to get shares at a bargain.
Now in order to do a run...the mm's need shares and they need them low.....so they will drive the price down as low as they can get it.....at the same time they need shares in order to sell at a profit....so they will not do a run until they fill...how many shares do they need....in order to do a good run...say 1.5bil in volume they need about 600mm to 800mm trading shares to perpetuate the run......how high will it go...depends on whether the mm's have news or not..if they do not have news they will take it up 30% to 50%...with news they will take it higher, and how high depends on the gravity of the news....maybe 100%+....
so where are we now???? so far the mm's have accumulated about 350mm.....yep...we are low....so what does that mean ..without news it will be easy for the mm's to take the price lower....maybe as low as .005.....but by then they should be loaded up and will be forced to take it up .......we know that JF is out of town until the 29th(Mon)...how convenient for the mm's..so they have the rest of the week to work on the pps, except for when they reach the 800mm shares total for the dip.....or....Friday afternoon...just in case JF comes back with great news before the bell Monday.....
So that is my take.....time will tell.....
Now in order to do a run...the mm's need shares and they need them low.....so they will drive the price down as low as they can get it.....at the same time they need shares in order to sell at a profit....so they will not do a run until they fill...how many shares do they need....in order to do a good run...say 1.5bil in volume they need about 600mm to 800mm trading shares to perpetuate the run......how high will it go...depends on whether the mm's have news or not..if they do not have news they will take it up 30% to 50%...with news they will take it higher, and how high depends on the gravity of the news....maybe 100%+....
so where are we now???? so far the mm's have accumulated about 350mm.....yep...we are low....so what does that mean ..without news it will be easy for the mm's to take the price lower....maybe as low as .005.....but by then they should be loaded up and will be forced to take it up .......we know that JF is out of town until the 29th(Mon)...how convenient for the mm's..so they have the rest of the week to work on the pps, except for when they reach the 800mm shares total for the dip.....or....Friday afternoon...just in case JF comes back with great news before the bell Monday.....
So that is my take.....time will tell.....
Wick(w50)
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