InvestorsHub Logo

829

Followers 0
Posts 1621
Boards Moderated 0
Alias Born 06/03/2008

829

Re: Numbness post# 8414

Wednesday, 02/04/2009 11:09:04 AM

Wednesday, February 04, 2009 11:09:04 AM

Post# of 108201
The funniest thing about that is, people actually think charts work in the pinksheets. Even in the best of times they do not work in pink. Let me enlighten those of you who think charts work here, when people sell or hold too long with no company activity, price goes down. The must be constant turnover, also known as volume. When something happens, for example a PR, even if it is fluff or an outright lie, is released and more suckers get pulled in, buying pressure generally outweighs the selling pressure by insiders and longs looking to unload their baggage onto someone else and the price goes up. This of course assumes the company does not dilute too heavily. Here the O/S is roughly 3M short of the A/S according to numbers someone posted that they received from T/A. The good thing is, with a maxed out O/S big runs happen, because there just are no shares available. The bad side is, if the company needs any money, they will have to do one of two things, increase the A/S, which is not necessarily bad if not exploded or a R/S followed by A/S increase, which is the sign that the pinksheet P&D MO is in full force.

My advice is to wait until Friday or Monday before buying. One should be able to count on a PR next week or first of the following. This will provide you a chance to make an easy double or more, because the price will go lower between now and then. Of course, Eric could throw a wrench in my advice, because we know he has at least one account with ihub and I have been a thorn in his side since the last time he ran this same scam, despite being censored heavily. Otherwise, stick with what I am saying and you will make money flipping this thing big.