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Re: MisterEC post# 3785

Friday, 07/31/2015 8:54:37 AM

Friday, July 31, 2015 8:54:37 AM

Post# of 4450
The company is reporting and acting like a penny stock, probably due to their early success with investor confidence allowing them to act like a blue chip, while having none of the expertise that they would have gained on the long struggle up. Too much, too soon too fast.

It will probably keep sinking to 5, just because there's little hope they'll have anything to pull them back up soon enough to matter. So the next phase will be how they handle the delisting talk that's sure to come at the five dollar level. If they even mention consideration of a r/s the stock will sink to the pennies really quick. Every investor knows how much r/s hurt, and how rare it is that they ever work to keep a company listed.

Worse yet is the fact that as the price goes lower and lower, the risks the short side faces goes down so low that, well, it gets ever more reasonable to see the shares selling for way under a dollar. If that occurs, then it will be time to pig up. Otherwise you need to wait for a signal like a 3 or 4 day price line hold with steady rises. As long as it's up, down, up, down and back again, the stock price is going to keep getting lower.
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