EVIO Inc (EVIO)

[GangstaRIB]

I used to play over there and got burned a few too many.

As a matter of fact one of my stories was a bankruptcy, where, after 2 year I had $6.00 in my trading account after the lawsuit. Then scottrade charged me a $20 "Reorg" fee as a part of the settlement.... lol I lost it all + $13. Bankruptcy cost me an extra $13.

I dont think it was even a pinky i'm pretty sure it was nasdaq or nyse.

But anyway back to EVIO:

Unless there are more major prints I don't think we'll get back to .05, but we'll see.

After yesterdays breakout, we were due for a serious correction today which I called this morning.

I dont think I have a call for tomorrow, but my gut tells me it hovers around today's closing price for a while.. probably bouncing between .06-.10 for the next week or so.

There is still quick a bit of downward pressure 25M shares printed and I don't think the note holders have unloaded them all yet. I think yesterday most of them just held to let the price recover.

If we had 4M share days without these noteholders who are in at .03-.04 then this thing would have held its gains IMHO.

The 10-20 million or so shares that were bought at .04 are going to cash out at .08-.09 to double up.

I still think the recovery price from the dilution will be .25. We started seeing the dilution at .50 and the o/s has or will be double....

If this didnt happen at xmas time maybe I would have had something in the tank to flip and make a couple thousand bucks back to help take the sting out but it is what it is i guess.