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Re: Longdriver98 post# 2661

Thursday, 10/02/2008 8:20:06 AM

Thursday, October 02, 2008 8:20:06 AM

Post# of 13439
Longdriver, that's a newbie comment! I have been playing these for a while and I know from mistakes which ones dilute. First of all, if under 1MM shares are traded on some days (many of these days under 100K shares), how can the stock be diluted? Especially if the volume is at the bid.

I once played a stock called IDVL back in 2005. It had plenty of runs, but it had dilution, too. Market maker FLCR was sitting on the ask sucking up as many shares as it could when people thought it would bounce and run. But the price stayed the same after mega volume, and people smartly sold. Dilutors sit on the ask, and buyers sit on the bid.

If a market maker other than NITE, ETRD, AUTO, or UBSS is sitting on the ask and staying there despite nice volume, then there's dilution.

If an OTCBB stock files a REGDEX or S-8, then there's dilution.

But the company actually BOUGHT shares, filing a Form 4. Good sign. The chart is showing a golden cross -- very bullish if you ask me.

CLASS DISMISSED!

Oh chit it's going to .0001!!!
.0018x.002 about to break resistance!!!
We're heading for pennyland!!!
No, wait, nickelland, pick up some more!!!
It's going to a friggin DOLLAR, weeeeeeeeee!!!
BS bid whacking and it's a good buying opportunity!!!

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