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Re: GamblerNC post# 32619

Tuesday, 08/18/2009 11:28:28 PM

Tuesday, August 18, 2009 11:28:28 PM

Post# of 103340
There could be a number of reasons of why has kind of hit a brick wall here of late. Prearranged trades taking place, big time traders playing big amounts and flipping for a few ticks knowing the downside risk is minimal, simply profit taking from a huge run and letting the technicals catch up etc. But i think everyone needs to keep this in mind. Somewhere around 200 million shares have traded the past 6 days all under .016 and mostly in the .013-.014 range. Do the math, still damn good dollar volume and stabilizing here for the most part. Most of those shares are leaving those hands that are up 100-1000% and going into new hands that are looking for the next 100-500%. There just not much of anything negative here that could happen to ruin this right now and the big one being that theres no chance for dilution. This will turn back up and all will be happy again, IMO