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TraderRick47

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TraderRick47

Re: CaptainJim post# 1196

Friday, 11/14/2008 7:26:55 PM

Friday, November 14, 2008 7:26:55 PM

Post# of 5964
I don't know much about the company

are they waiting on any financing? cause if they are we all know that could spell trouble

i did see that pinksheets.com is reporting insider sells of over 6 million shares back in september

shortsqueeze.com is showing 10,000,000 short shares which is 13.94% of the float

the stock is down 165.85% from its 52 week high and down 64.63% from the 200 DMA

the chart looks bad IMHO

I surely would not invest long term in this one. I might play the channel between .70 and .90 but that's it

Please do not make investment or trading decisions based on what you read from a stock board. Do your due diligence before buying any stock especially a penny stock. The stock market is where money is transferred from the impatient to the patient

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