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Wednesday, July 09, 2008 2:39:57 AM
imo thats exactly what were seeing here...
CD guys got a block of shares for initial financing.. they put insane selling pressure onto the bid, they short, wtvr in order to drive PPS into the ground, down to say .015.. then they request conversion at 80% discount to lowest price..
they cover their short with discounted shares from the higher prices that they were shorting the PPS all the way down to, and then they pump the stock up to say .085 and dump everything they can and go short again.. only to request another big block conversion when the price gets back to .015.
and there is nothing we can do about it.. the balls in ARSC's court, nothing we can do anymore with insane overhead selling pressure like this.. we'll buy the stock until we are blue in the face.. can't compete.. we broke the .04 support (again i might add) with no + assistance from the company with news or anything else.. they are fine with the stock going back to .015 it seems.. and the CD guys are not going to stop selling because that is how they make their money. this isn't retail selling $200 at the bid every ten minutes all day and then painting the tape red every day before the close.. i mean come on..
until ARSC can prove that the stock is not worth shorting at .04, its going to be done.. and they cut their own throat since they signed the deal. So again, the balls in ARSCs court, we as shareholders have done all we can... time to give us something to put all our recent support effort in the green..
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