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Re: Greedy G post# 46869

Tuesday, 02/09/2016 2:53:20 AM

Tuesday, February 09, 2016 2:53:20 AM

Post# of 84327
Not smoking will not help you bench press 1000 lb. It seems that the current float is beyond the limit of a healthy stock that it breaks under its own weight every time it tries to run especially it's a very attractive playground for flipping. Reducing the flipable float can play a big role into reflecting the positive outlook on the share price. I don't think there's much room left for absorbing the flipable float by strong hands at the current price levels. Also the current price is critical and going back to no bid is not a far-fetched scenario. Remember that a couple of weeks ago there were strong opinions that buying at .0007 is almost impossible, now it's going into a vicious cycle on daily basis. A buyback can help share price rise to healthy levels away from the current danger zone with its destructive psychological effect and also make it attractive to a new pool of investors who wouldn't touch it at tripple zero so more shares could be held by strong hands. Even if they flip it, the same dollar value that could flip millions of shares at the trips can flip only a fraction of that at higher prices resulting in a less destructive effect.

Your money, your decisions.