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Re: surfguy post# 37143

Monday, 10/12/2009 2:59:18 PM

Monday, October 12, 2009 2:59:18 PM

Post# of 375420
I totally agree Surf that many folks enthusiasm and short term price guesstimates are just that - pure guesses without their having much experience on how stocks with this sort of O/S and float trade. It would take a lot of volume pounding away at the ask for several days just to get this stock to a dime, breaking resistance levels of the previous highs of around $.045, $.055 and $.065; and there will be periods of consolidation following that. The announcements of the acquisitions completing will generate a lot of buying and will generate some high volume days, however it will take a considerable period of time for this stock to climb to the 50 cent level that some would like to give the impression will happen over night. We need to temper the irrational exhuberance on this board with a little common sense. Don't get me wrong, I would love to be proved wrong, but I seriously doubt it. All IMHO.

Makamai