Southwestern Medical (SWNM)

[macdwatcher1]

I watched the trading action for SWNM for today’s trading... it traded as high as .016 cents to as low as .0015. The management needs to get SWNM off the grey sheets expert market makers quotation onto a OTCBB quotation system...I don’t care if this starts to no bid and the ask is .0001. SWNM has a share structure of 480 million O/S. I can buy the 480 million at .0001 tommorow. Regardless the bottom line is management of SWNM is finally getting their ass into gear. I told this message board that shares were thin above the .01 price. You could see how thin it was. I think a 26,000 share buy order was bought at .016 today... but the stock had no support levels today. So it crashed back to .0015. That’s why I post every day that SWNM has to get on a quotation system. My opinion is once SWNM does get on a quotation system this stock will go bonkers like all the other otcbb and pink sheet stocks are currently doing everyday. IfSWNM got on a quotation system last year, like I kept screaming at the company to do, who knows where the share price of SWNM would be today... do davidcorea owns 60 percent of the o/s shares 60 percent is 242.2 million shares...so 404 o/s shares minus David’s shares of 242.2 milllion leaves about 160 million shares in free float. I could buy 160 million shares tomorrow and own 40 percent of this company