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Re: None

Wednesday, 08/12/2009 6:54:22 PM

Wednesday, August 12, 2009 6:54:22 PM

Post# of 111729
To all longs:

Just to try to give myself a bit of creditability since so many seem to predict a bust out every day. I posted (31382) on Saturday:

"barring any major news, I predict a mostly sideways week next week. That would be a great thing. A little consolidation, finish the week in the green = all good"

Well, more than halfway thru the week and we're on a bit of a decline. Buy/Sell volumes are clearly dictating this. I've been in since early May and I think we all enjoyed a free ride on the backs of PSC which got us up to the .10+ range.

However, (and this is not a 'pumping post') do any other longs think that the last week or so feels very similar to several moments of low volume and seemingly low interest that we experienced months ago? Honestly, I was hoping for a sideways week because I thought we needed it but the high sells/ low buy volumes and subsequent shrinking PPS gives me one thought over and over - opportunity. It's knocking, again. Even if you don't feel this is going to pop, you have to believe that it hits .15 again.

Someone mentioned earlier that the term 'weak hands' should not be posted here. Of course it should! Because weak hands and some profit taking is exactly what we're losing here. I still think we need news of revenues or an uplisting to truly pop, but meanwhile, there just seems to be a phenomenal price to accumulate; and what better hands to have around the float than some of the original longs. I know I'll get bashers here, and to be honest, that's fine. What I'm really interested in is the opinions of those longs who know the ins and outs of this company, its agenda, and the proven applications of algae. I have around 1mm shares and swore I was done adding. But this price is ridiculously low right now.

I'll be honest, I've already planned an exit strategy in the evnt I'm wrong. .035-.04 is an area where I'll think about taking some profit by selling 30-40% of my shares. But I don't believe it's going to get there.

We're going to look back at moments like this a few months from now and I for one want to be sure I took every advantage possible (again, I'll do this with an existing exit strategy in the event I'm wrong). Anyway, the girlfriend and I will be working tonight to move some $$ around and come tomorrow morn, we're accumulating as much as I can at these prices. If I'm wrong, I'll still have my exit strategy to guarantee my profits.

Intelligent responses appreciated. Good luck everyone.