Flexpower Inc. (FLXP)

[Bigdogs]

Reed

If we can bust through .0005 then .001 will hit quick.

The rule of thumb with techs once through big resistance levels is that you will go as far above resistance as you were below it.

So the resistance is at .0005 for the 200 day. We were at .0001 so the next resistance is .0009-.001 after .0005.

Nowhere to go but up from here as we are in the cellar.

Accumulation is looking very good and the float at these levels is all but gone in my opinion.

133 longs holding a estimated 4.744 billion shares. This is approximately 47 percent of the O/S and most likely the entire float if the numbers are any where near accurate.


Around 270 shareholders are unaccounted for as the total shareholders as of last count a few months ago was around 400.

Let me know if you want to be added to list of longs holding for much higher prices that believe in EFGOs future and it looks bright as of today.

THe more shares off the market holding the easier it will be for the stock price to break through resistance levels on the way up.


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