I never said this was going to go "to the moon" after the earnings came out. I expected this to go up nicely, that is all. I said many times before friday that I really had no idea how high it would go on that day, and that "the only question is not if it will go up, but how much". My range was anyware from .15 cents to .50 cents.
Lets see what I was correct about:
I stated:
I expect the 3rd quater numbers to be good to great, that the combind sales from CSD should greatly increase the revenues for this company.
Outcome: 100% correct sales up 23,000%
I was one of the only people on here predicting a profit on this earnings report, and was laughed at by many saying it was going to be "impossiable" for a profit on the 3rd quater, maybe 4th at earlist. Your self included belived they werent going to show a profit on this earnings...
Outcome: They made a small net profit, again 100% correct
I predicted a nice PR to hit sometime around 9 am on friday detailing the massive gains and net profit... I don't really count this one as it was pretty much a given though.
Outcome: They released a PR at 9 am detailing everything I said above..... 100% correct, though not count this one.
As far as how much this would shoot up, all I ever said was the possiablity was there for this to shoot up nicely, I never said nore cliamed that it WOULD do this. Yes I thought like most others on here that it would go up a lot, but i never said it would, I actually said over and over again that anything was possiable.
I have been correct so far about everything I have said with this stock.
What I have on the table right now is I belive this will fall back to the 3 cent area as the MMs will crush this back down. Will just have to wait till next week to see if this one is correct too.
Again, your theory of "dilution" holding this back has no grounds what so ever to stand on and is not based at all on the facts at hand. Dilution doesn't keep the MMs from keeping the ASK at the same price while huge volume buy orders come in, and it doesn't force a stock that should be rallying back down for a loss on the day. On top of that 47 million shares O/S is hardly dilution. End of story ok?
I don't blame anyone for staying in, or for getting out at this point. If you have one foot in and one foot out, that is totally fine, nothing wrong with that.
I sold for 2 main reasons. I am 99.999% sure the MMs will crush this back down to .03ish levels. And my converted shares price was .10 cents, like most people here. So if i know this is going to go back down to those levels then it makes no sense for me to stay in when my price per share is 10 cents. Not only can I buy far more shares with my money when it drops down, but I also plan to add to my investment and spend more money on even more at those levels.
For me, it made no sense to stay in and let my shares stay at .10.
