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Re: bedwards1000 post# 3157

Wednesday, 01/24/2007 12:48:10 PM

Wednesday, January 24, 2007 12:48:10 PM

Post# of 51429
From my experience in this stock the pps climbs, bases to stabilze, the volume starts to drop as it churns and then instead of falling when the volume lowers it starts to climb again as the shares for sell are now at a higher price.

Now I'm pretty sure how many shares are held at any given time by members of ihub, many of whom hold there plays long term. They hold onto them tight and don't get emotional about the buying and selling. The fundimentals of the company remain the same so there is no need to panic.

NO DEBT
NO DILUTION
NO FALSE HOPES GIVEN
INCREASED leases
INCREASED production
INCREASED value

IMO the new base is at .18-.185 your hopes of it going lower than that with the number of ihubbers and the shares they hold is very optimistic indeed IMVHO.

It is my belief that as the volume decreases over the next day or two the number of shares for sell will dwindle and the price will start to climb again. I would not be surprized at all if .20 was the new base point in about 1-1/2 weeks.

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