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Re: mistaice post# 36814

Tuesday, 06/24/2008 10:54:04 AM

Tuesday, June 24, 2008 10:54:04 AM

Post# of 49486
I don't think this is a P&D. If anything, it has the appearance a slump & dump. That's become one of the factors that keeps me in the stock. It comes down to the share count. If it stays 55M authorized, then at the very least this should see some spikes on idle speculation here and there.

There is also the fact that we aren't getting the PRs. That breeds discontent, worry and fear but it also eliminates the P in P&D.

The extra shares that brought us to 36M don't bother me to much if the story behind them is true. You had to expect it. Really, where are people going to make their money with this stock? Nobody can be as naive to believe that the company officers and insiders are going to forgo any substantial benefit from the stock.

But, that all leads to a huge number of shares that shouldn't be trading at all. I come up with 3 obvious possibilities:

#1 - New shares diluting the company - T/A and SOS preclude this.
#2 - The same small number of shares churning - Maybe, but to what end at these prices?
#3 - Market Maker games - Naked shorting? Something else?

There are a lot more, but those are my 3 favorites at the moment.