InvestorsHub Logo
Followers 1
Posts 782
Boards Moderated 0
Alias Born 04/12/2007

Re: TH_Stockhunter post# 14371

Wednesday, 05/23/2007 11:57:56 AM

Wednesday, May 23, 2007 11:57:56 AM

Post# of 76394
Now that RGNO is averaging over 3 mill per day in volume. Where are the shares coming from because nobody would be able to make a profit from .028 to .03 unless you had several million shares and then your profit would be eaten up by the trade costs, capital gains and such. Because on 1,000,000 shares and it moves up .002 you get $2,000 not bad I guess. That's putting up about 30,000 in cash. I just want to know who is holding this stock down. It cann't be all flippers. Because most flippers and traders don't have that kind of cash since you cann't margin this stock. Some people are going to say accumulation. But where are the shares coming from? Only app. 65 mill shares outstanding correct? This is just another example of why I think RGNO is being shorted. To break this cycle I believe that RGNO needs timely PR which will cause volume and this will run the shorts out. Texas PR is needed. The stars are bright, big at night, deep in the heart of texas. This is all my own opinions and thoughts, due your own DD.
One more thing if E-Trade is on the bid and ask it makes you wonder who is short?