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Re: stockless post# 9496

Thursday, 05/14/2015 9:25:28 AM

Thursday, May 14, 2015 9:25:28 AM

Post# of 86313
See what you want to see. I've been very upfront about my position here (in at .0022, was looking for a quick trade/profit, got greedy when it hit .003 and was aiming to get out at .0033, but it never got there). I've been watching L2 since I got into this POS a a few weeks back. Multiple MM's have been selling millions of shares a day, every day. Who could that be? Your contention is that it's normal retail selling? Seriously? The most logical explanation is note holder(s) unleashing. It has counteracted any and all positive bidding/sentiment every day and has kept LIBE on a steady bleed out in PPS. Now, if LIBE has enabled note holder(s) to do this with millions of shares and an A/S of 250M, then why would they stop when they suddenly have access to ten times that amount of shares and a need to cover half a million in debt? Benevolence? Concern for the well being of the company? Usually when I'm down on a trade, I put on my happy face and cheerlead and attempt to get the price up. Sometimes it works, most times it doesn't. With LIBE, I decided to be brutally honest and call it as I see it. I could spin positive, but I would be lying. I've seen this happen in the OTC scores of times. LIBE is in the death spiral and no amount of sold Guard Lites can stop the descent into the abyss. Now, I would adore it if LIBE proved me wrong. But it won't. I'm going to wait for the next PR, a PR that will presumably get LIBE up a bit from these high trips, and then I'm cutting my losses and I'm moving on. You'll know I'm gone when I no longer post here. Until then, I'll call it as I see it and we'll just have to disagree. Cheers.

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