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Re: Ely post# 14030

Saturday, 05/03/2008 8:01:34 PM

Saturday, May 03, 2008 8:01:34 PM

Post# of 158782
I might add that the float here is UNKNOWN. When we call TA, we only get the OS, not the float. So I'm positive that the float has risen in the past month, and that is why the stock has not moved. Now, since the float has probably gone up but the OS hasn't, there are only a finite number of shares that can be sold in the float. Those HAVE to be near an end as this has seen 100's of millions of shares traded in the past month, maybe even a billion. I think we saw Friday how this can move on light volume once the selling ends, and if it has ended it couldn't have come at a better time as we are just now entering what should be a major news time period.

Look at BDRR. 2 months ago they had the same thing. The OS was barely moving up, and yet we knew the float was going up from around 5 M to 38 M in a couple of months. And the stock went down even though the OS stayed about the same. Once that selling ended though, the stock went up 700% in about two weeks. I think we get that AT LEAST, plus a whole lot more, as this story is much more compelling than the one BDRR has.