This gets more and more odd each day. The word got out (as if it weren't already) that the 1.5 Billon was passed. A few days later this happens.
Down days 9 out of the last 10 or 10 out of the last 11. Is there really a difference? The floor has been called nearly each day, yet we still see a lower floor. Yesterday and this morning it was .0047 at around 7 am and the next minute we were down to .0046. Trading sideways for the next 3 hours or so without ANY real volume.
Then, 1.3 million, 1.5 million, 2 million, 1.2 million and 1 millions share sells!From nowhere. Took us from .005 to .0035 just like that. Then there are After Hour Prints of 9 million, 1.2 million, 9 million and 1 million. ARE YOU KIDDING ME. Then, all of the sudden traders who haven't been around for months are coming in here and saying that it could be a good time to buy?
They are now saying that .0035 is the floor, that is, until it isn't? HUH? I have watched my position stay the same as the PPS has imploded. For those who are new to this stock. DON'T BUY! I am not bashing, I AM WARNING YOU. THIS IS ALL IN MY OPINION, but if you really would like to buy, wait.
Could you be lucky and hit that 100% gain from .0035. Sure, look at the after hours print. 20 million bought and it moved 10%. Do yourself a favor, wait it out.
Q3 will be coming out in November and the full year report will be out in Feb. 09'.
There isn't a floor. NO ONE CAN PROVE IT!!! They can express a logical idea of why there should be a floor or what the floor should be. But as you have seen here that is false logic, IF there is NSS going on, there isn't a floor. I haven't a clue if this will get bled to death. And by that I mean .0000!
I have asked plenty of times to a lot of people and NO trader has come back with an answer.
Name 5 stocks that have gone from .0035 to .03 or even .02 with 1.5 billion shares or even 750 million shares trading.
I don't have to sell now. I am lucky. I am around until at least Feb. I look forward to what will happen in Feb. Should I have to sell for tax reasons, fine, I will have a GREAT write off. If it rebounds, that is a win win.
If someone is thinking about jumping in because "THIS HAS GOT TO BE WAY OVER SOLD" You haven't seen nothing yet. Go one year back and look at the drops. This is just one of them. There isn't a reason that someone can come up with that would make sense on why this time it is any different.
If this gets down to .0001 before years end. I will be loading up. As for tomorrow. I will keep my bib on just in case I vomit from the drop....again.
Just tellin ya how it is in here.
Illegal trading going on. I and many other people say 100% YES. What will stop it. Who knows......
IMHO
