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Re: elbiatcho1 post# 26302

Monday, 09/14/2009 4:38:50 PM

Monday, September 14, 2009 4:38:50 PM

Post# of 53259
cxac doesn't have as good a share structure as spng, but the stair step moves is allowing new hands to take the very large positions accumulated at .0001 and .0002. Each stair step in price with significant volume sets the "double target" for those buyers. In todays case, most of the volume occurred at .0007 which puts a double sell point at .0014. .001 will bring in a whole new wave of buyers which will absorb that.

The sharestructure is maxed out and the CEO has promised no dilution. The Accum/Distriubution line is going straight up which reaffirms his statement, and is a thing of beauty.

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