AI
Friday, July 25, 2008 12:43:04 AM
first off, i think you're misunderstanding the timeline a bit. the r/m happened around 12/06, DR's buy recommendation wasn't initiated until july 25th of 2007:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=21556994
the reason i mentioned the r/m is because the company did a private placement back then for 10M shares at .10.... these shares came unlocked when rule changes occurred to rule 144 on feb 15th 2008. watch the timeline in the chart below. it's interesting how all these events plug into the price action.
you'll see the long-tailed red candle in the bottom left corner of the green box on the left side of this chart. this coincides with DR's initiation of coverage. back then someone was shorting the stock really hard and shook out many traders from the old days. it was darkest before the dawn. DR released news of their coverage after the market closed, on the worst day we'd seen in months. everyone around here pretty much thought the sky was falling. then the following day we got a good pop.
this is why i've been saying we just never know when the chart will suddenly turn north on us, or why. we also can never really know why the stock price is falling. usually it's the opposite of what anyone thinks. lol
now look at the chart again and you'll see we had that major run several weeks later, but things fell apart around mid november when shorty went back to work. oh, what fun. all the basher-goons showed up on this board and told us the end was near. it felt to me like a very coordinated effort to tank the stock.
then, lo and behold just as the rule changes to 144 occurred, when the holders of that first (very cheap) private placement could sell, we hit bottom hard. someone, or some group, was pushing us into the mid-.30s... interesting timing, don't you think? imo a lot of those .10 shares got shaken loose while shorty covered.
anyway, here we are again. the "powers that be" appear to have shorted us down from the $1.20s, and i'd guess they want to shake as many of us out as they can, and grab the cheapest shares they can find to load up for the next run. jmho...
game on... keep your eyes on the MFI...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=21556994
the reason i mentioned the r/m is because the company did a private placement back then for 10M shares at .10.... these shares came unlocked when rule changes occurred to rule 144 on feb 15th 2008. watch the timeline in the chart below. it's interesting how all these events plug into the price action.
you'll see the long-tailed red candle in the bottom left corner of the green box on the left side of this chart. this coincides with DR's initiation of coverage. back then someone was shorting the stock really hard and shook out many traders from the old days. it was darkest before the dawn. DR released news of their coverage after the market closed, on the worst day we'd seen in months. everyone around here pretty much thought the sky was falling. then the following day we got a good pop.
this is why i've been saying we just never know when the chart will suddenly turn north on us, or why. we also can never really know why the stock price is falling. usually it's the opposite of what anyone thinks. lol
now look at the chart again and you'll see we had that major run several weeks later, but things fell apart around mid november when shorty went back to work. oh, what fun. all the basher-goons showed up on this board and told us the end was near. it felt to me like a very coordinated effort to tank the stock.
then, lo and behold just as the rule changes to 144 occurred, when the holders of that first (very cheap) private placement could sell, we hit bottom hard. someone, or some group, was pushing us into the mid-.30s... interesting timing, don't you think? imo a lot of those .10 shares got shaken loose while shorty covered.
anyway, here we are again. the "powers that be" appear to have shorted us down from the $1.20s, and i'd guess they want to shake as many of us out as they can, and grab the cheapest shares they can find to load up for the next run. jmho...
game on... keep your eyes on the MFI...
