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Re: StockJoe99 post# 6810

Tuesday, 12/08/2009 1:18:22 PM

Tuesday, December 08, 2009 1:18:22 PM

Post# of 35151
So Why does the Outstanding ShareBase Keep Increasing day after day, week after week. There can only be one reason, I suppose, and that would be the company is dumping shares on the share base. Why else would the SP keep dropping and dropping and dropping as it has been. Every little rally we get and someone steps up and dumps shares on the share base. Look at yesterday, 3 times the stock tried to rally past .0325, and 3 times it was knocked back down. I would call that deliberate selling to keep the shares below a certain price, or deliberate selling at a certain price by those in the company who are dumping shares and set a price of .0325 at which to start dumping shares.

Look at the SP today. Tried to rally, boom, here come the sellers, again. Looks like to me we are headed sub penny, at which time I will look again into buying the stock.
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