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Re: hstang04 post# 99718

Tuesday, 12/01/2015 3:07:55 PM

Tuesday, December 01, 2015 3:07:55 PM

Post# of 347554
We have seen this same trading pattern before... it is the way they draw in fresh blood!

A pause in selling, screams of "bottom" and "reversal", and some buying...

Then the dilution starts again, and takes out all the bids and drops the price!

The OS has doubled here in under a week!

4,414,975 Outstanding as of 9/24/15
63,000,000 Outstanding as of 11/23/15
71,820,933 Outstanding as of 11/25/15
106,820,933 Outstanding as of 11/30/15
125,700,000 Outstanding as of 12/1/15

Even if it ultimately does stop at some point... traders have just picked up 120M+ shares of worthless paper... who is going to buy them?