Wednesday, September 23, 2009 7:09:14 AM
People want to see this stock reach $1 to $2 with their current share count, not by lopping zeros to achieve the goal. You may say they are not looking out for the overall good for the stock, they did not invest for the good of the stock, they invested for their own personal reasons in which you cannot debate it with them.
Psychology plays a huge role in stocks, and yesterday was proof of that. There was no manipulation occurring it was people selling, it was mostly small to mid sized blocks with an occasional large block, at one point 700,000 shares in 9 seperate bids went out in under 10 minutes. The lack of clarity within the PR left most doubtful with what they had purchased, and it goes right back to what I said here in the beginning psychologically speaking, people feel more shares is better than less shares. Most interpreted that you were gaining shares because of the word “BONUS”, take away that and you get results like the last two days.
If that last line had been left out about shares, this would be sitting much higher. That should be a seperate PR on itself with extensive information about share structure.
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