LADIES AND GENTS...we will see...
selling stop when the shares issued for advertising are extinguished.
IMO, we see selling because:
1. Shares issued for advertising reasons are being sold, or were being sold.
2. Retail investors that bought in before the run to .04 are selling, or have sold before this drop....causing...
3. People that don't want their portfolios to be bled dry are selling.
1 and 2 IMO caused this drop....which also caused 3 to occur.
That is that. At this time, it is merely selling pressure bringing us down, probably with a taste of short selling by MM's because there probably are not buyers to buy the sells. So, once selling pressure is gone, we will see movement upwards. Plus, we need some positivity from the company to STOP the selling.
If SCE and other receivers of the shares see positive movement, they will hold out for bigger gains, BUT they do not see that IMO, so therefore, they want to get paid for services rendered.
This IMO is not dilution, this is pure selling of existing shares, not new shares added to the float, except for the MM's taking sell orders without buyers.
Thoughts? Seriously, some thoughts along this line of thinking would be greatly appreciated.
Dan
Is this a good Stock?
Anything I say in the post above is my OPINION only. (Ne buvez pas l'kool-aide.)...and don't be a MARKEY.
