Friday, November 30, 2007 10:39:37 PM
I am a freebie so I can not do the private post.
I see .025-.035 in the near term. The 100 million share reduction on the authorized this week was a strong indicator of the pump/promotion that is about to occur. I found that Odd how they threw that in on the PR this week. "Oh BTW" we reduced our A/S by 100 million....
Wouldn't surprise me to see the price range next week. Considering they are introducing the new CEO, it would make complete sense to start the move from this time forward. Lots of accumulation that was controlled by 2 MM's. Is see this on another I own (GBMR). VFIN and SBSH swap shares(converting and covering before the news is released) There was plenty of notice given here and the volume dried up after it spiked to .015 thus completing the 50/200 (Golden Cross) which will also be used to push the share price higher.
Today it closed right on SUPPORT. It could easily move to .028-.055. Maybe they run it to .03, pull it back and take it to .05. Then again, how many shares were removed since the end of October? looks like 300+ million traded. How much of this is tightly held for the push? All bets could say .25.....
You never know in PK land.
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