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Re: eur06 post# 83003

Friday, 10/19/2007 12:52:13 PM

Friday, October 19, 2007 12:52:13 PM

Post# of 131532
Are you willing to give up your short theories then?

Because you will have to if this idea of yours can be supported.

Because any shorts by the MMs will be covered by them gathering all the 1s sold into the bid for their covers and not for any retailer to accumulate or for INXR to buy.

No, you're wrong probably simply because as long as MMs actually allow the stock to keep trading (and they don't have to since it is an unsolicited pink sheet with no MM signed on to support trading of it) they will only allow this to trade if they are able to buy at 1 and sell at 2. Otherwise, there is no motivation for the MMs to even transact trades in this stock anymore.

But even if you had your wish, buying back the float would be like this

7B x 0.0002 = $1.4M

Not going to happen, not even at 0.0001 and $700,000

They use their money to pay themselves those big salaries they said they don't collect or they pay their other liabilities or they spend it on TV commercials and tech support but to think they are going to take the money the got by selling shares at 0.0003 in order to buy them back lower is not credible.

Why should they? They can reverse split and start printing shares again and book another few hundred thousand in cash before you know what hit you.