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Re: ~BC~ post# 2765

Monday, 08/11/2008 5:41:48 PM

Monday, August 11, 2008 5:41:48 PM

Post# of 30922
beachcracker- I'm not here bashing this company. In fact I added another million today to my portfolio. When you have 2 nice news releases and the pps doesn't move with this kind of volume, I get suspicious. That's why I called the TA and confirmed the share count. It's tough to swallow a company complaining about naked shorts when they are adding shares to the market. In many years of trading pennies, I have found that "market maker manipulation" turns out to be plain and simple dilution a large majority of the time. I'm not going to add any more at this point and will be in close contact with the TA on share counts. Rising share counts ought to be a very good indication of where we're going. But, again, we all know anything can happen in pennyland. I can remember many companies with many billions outstanding rising far more than we're sitting at now. I'm hoping for the best, but will keep my eyes open.

.........al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

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