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Alias Born 10/28/2009

Re: MRCapital post# 791

Wednesday, 10/28/2009 12:06:58 PM

Wednesday, October 28, 2009 12:06:58 PM

Post# of 9932
You have no idea what you are talking about. You are literally shooting the breeze with your claims, with absolutely no proof to back it up.

When a company has many shares outstanding, it means they are paying vendors with common stock. Those vendors can sell for cash whenever they please, or they can hold out for a higher PPS. My guess is they will hold out since the price is still cheap for this stock. The company is NOT selling its own shares for a profit. It is just plain stupid to make that assumption.

The selling as of late is due to CONSOLIDATION. When a stock runs 300%, it isn't going to keep going without profit taking. Learn to read a chart kid, you have no clue.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y