Friday, December 07, 2007 9:34:22 AM
Fundamentals are still solid. The Form 144 sellers were lenders who had to execute their warrants BEFORE the uplift in order to get the .75 price, and they need to sell before year end to recognize the gain.
There are NO INSIDER SALES.
IMO, there is a manipulative MM who plays with this stock and that will change as soon as we are upifted. And as soon as we get the uplift I believe mgt will be free to speak of the contracts and other good news.
Th uplift should be around the corner and the shorts need to cover because they have been sitting there trying to push this down further. There is enough fear built into the market that will push to get a huge release. There are no fundamental reasons for the selling - in fact it should be just the opposite - but this is what happens on Pink Sheets when shorters and unscrupulous MMS get hold of a stock. THey know how to manipulate the fear factor.
I have watched the buying & selling on a minute by minute basis - and it does appear to be manipulated. And there are buyers buying up big chunks
If we get the uplift this week or next I still see the possibility for $5 by end of month.
Icemans monalogue doesn't help. He probably did more to scare folks this morning even though it might not have been his intent - you never know with that guy. He's a whack job! But just my opinion he also has a vested interest in gettgin this stock down on a quick push becasue he will buy back big. So be careful!
MMs and shorters are taking advantage of the fact management CANNOT speak about new contracts until the uplift is granted. Otherwise, the uplift is delayed while they have to explain the details to the NASD. The MMs know this and they are using it to their advantage.
I am still in the stock and see very good things to come. And am holding my breath while the shorters play their game. It should be over soon!
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