Momentum Players

[daytraderrz]

10.4 MILLION SHARE FLOAT_____RRGI__MAJOR SHORT POSTION ON RRGI.. START WITH DUE DILIGENCE HERE..


CHART IS LOCATED ON THE RRGI MESSAGE BOARD..

____________________________________________

NOTE THE LAST 4 CANDLE STICK BARS on the CHART ABOVE.

IF YOU LOOK..

THEY ARE FORMING A TRIANGLE.


You Have the TOPS COMING DOWN

WITH THE BOTTOMS COMING UP


BASICALLY THE SMALLER RANGE DURING THE DAY, PLACES THEM IN POSITION FOR A BREAK OUT.


HERE ARE SOME MORE THINGS TO NOTE

GO TO http://ALLSTOCKS.COM


FOR FREE LEVEL 2 FOR PINK SHEETS LOCATED ON THE TOP LEFT HAND SIDE OF THE CHART...

TYPE IN RRGI UNDER GET QUOTE:


THEN LOOK AT THE BID SIDE.

NOTE THE BID HAS APPROXIMATELY 7-10 MARKET MAKERS LISTED ON THE BID BETWEEN .28-.31 .....

AND NOTE:

THE ASK SIDE ONLY CONSISTS OF 2 MARKET MAKERS ON THE ASK, BEFORE IT GOES Into the .40's LEVEL on the ASK>


THIS REPRESENTS DIFFERENT BROKER/SECURITY FIRMS AND THE ORDERS THEY REPRESENT.


THERE ARE A TON OF BUY ORDERS LINED UP TO COLLECT SHARES
ON THE LOW SIDE.... THEY ARE CATCHING ANYTHING THAT FALLS, FROM THOSE WHO DECIDE THEY GET FED UP WITH THE STOCK, AND SELL AT THE BID.


NOW...

HERE IS MY OPINION, NOT THAT EVERYTHING I SAY IS ALSO MY OPINIONS..

BUT HERE IS MY CONCLUSION:


THE STOCK HAS BEEN HEAVILY SHORTED by 2-4 Different Market Makers..

OFF HAND.. I REMEMBER UBSS, HDSN, NITE, AND 1 OTHER
ROTATING ON THE ASK SIDE IN THE .32-.35 LEVEL ON THE ASK.


WHAT I THINK IS, THEY SHORTED THE HELL OUT OF THE STOCK AT MUCH HIGHER LEVELS, AND NOW ARE TRYING TO HOLD THE STOCK DOWN,

AT THE SAME TIME BUYING WHATEVER THEY CAN, AS THEY HOLD IT DOWN.


HOWEVER THIS DOES NOT LOOK TO BE GOING VERY WELL.

BECAUSE IT SEEMS THE AVERAGE INVESTOR, BASED ON LEVEL 2,

APPEARS TO WANT AT LEAST .44 CENTS OR HIGHER PER SHARE.

IF YOU NOTICE THE TRADE LOGS.

The majority of the shares trading are BUYS AT THE ASK ALMOST ALL DAY LONG ENDLESS>

BUT YOU NOTE THE ASK NOT MOVING..

WELL THIS JUST PLACES THOSE WHO ARE SHORTING IN A DEEPER SHORT POSITION.. YOUR BUYING MORE FROM THEM, THAN THEY ARE TRYING TO BUY BACK.

SO THEREFORE A SHORT POSITION INCREASES>>..

THEY HAVE TO BUY BACK SHARES TO CLOSE THERE POSITION..

THE STOCK HAS APPROXIMATELY 10.4 Million shares on the FLOAT.

SO THINK ABOUT THE VOLUME AND PRICE MOVEMENT.

THEY JUST DO NO MAKE ANY SENSE AT ALL.

A STOCK TRADING 500 - 600 THOUSAND SHARES WITH A FLOAT OF 10.4 MILLION AND ONLY MOVING 3-5 cents IS UNHEARD OF.

THIS IS GOOD NEWS FOR LONG INVESTORS, BECAUSE AS THE SHORT POSITIONS TAKEN ON THIS STOCK RECOIL, IT SHOULD HELP PROPEL THE STOCK TO EVEN HIGHER LEVELS.

WHAT USUALLY HAPPENS, THESE SHORTERS, COVER THERE SHARES AND THEN GO ON TO TAKE A LONG POSITION....

WHICH WOULD PUT US AT MUCH HIGHER LEVELS.


A MARKET MAKER = A BROKER FIRM/SECURITY That basically controls the price of the stock. They are often entitled to trade in between there own accounts and maintain a personal inventory.

They can buy large blocks, run the stock up and sell the shares at a much higher level. Then short the stock, and buy back the shares at a lower level, just for the process to continue recycling...


A BIT OF WHAT I SAID IS EITHER SPECULATION OR MY OPINION.

BUT BASED ON WHAT I HAVE SEEN.. THIS IS MY CONCLUSION..

THE COMPANY, ALSO STATES A MAJOR SHORT POSITION, AND IF YOU CALL GABE SANDLER AT INVESTOR RELATIONS. HE WILL TELL YOU, THE COMPANY IS DOING SOMETHING TO COMBAT THE MAJOR SHORT POSITIONS THAT HAVE BEEN TAKEN ON THE STOCK.



For investor relations information, contact:
Gabe Sandler
Sandler Communications, Inc.
Phone: [phone]