I just keep looking at how it been traded over a period of time,
When a stock falls like this one has for 3 mos. people who wanted to get out did.
When it stays here for a period of time like it has there's no room for Flippers to buy and sell and buy and sell and make money unless there's some decent gains which there are not then it's not flippers.
So who does that leave to keep selling every day every week every month at these levels?
My experience is one of two sources, either Management or debt holders
Mu question I can't get answered is Audit, Is it
a) Completed
b) In Work
c) Un-Started
I know another company that diluted for years,
when nothing more was happening and it went flat
they announced Audits,
I waited 6 mos. got ahold of the Auditing Company
and they said not started yet, however that kept the
buzz going for another year.
That company is de-listed now
I kept saying and I still keep saying if only one can find a honest Penney Company who will get things done and be honest
they could make a ton of money for themselves and everyone else
BNJ's