Thursday, June 18, 2009 11:07:49 AM
I stayed quiet yesterday, but this is getting to be too much. Most of this selling is from "longs" taking profit. Flippers do not regularly take profits of less than 100% on penny plays. In my opinion, some of you screaming flipper are the ones that are selling. The largest blocks were bought in and around .0036. Could some have gotten in at .0017 and flipped? Yes. However, sells far outweighed the buys and I only saw one flipper post that he got back in low, compared to the number "longs" who said they were "buying at these levels" or "gimme these cheapies." Some of you need to learn what your talking about and get off the flipper at my lunch bandwagon. It is the "longs" taking profits and riding free shares that are eating your lunch, not anyone else.
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