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Sunday, December 13, 2009 2:04:11 PM
Dean never said they would PR anything about it and why should he if the company is going to Buyback up to 20 percent of the O/S
Some people just dont get it and most of the Smart money is holding longer term for more realistic prices.
If the majority of us hold this and accumulate all that we can it should end up with a Big Decrease in the float.
I remember alot of us did this for PAVC and created a Massive Short squeeze on it. Stock went from .001 - .30 based on a company that had no revenues. It was all a Gigantic short squeeze.
This company has Everything it takes to make a quick run towards the 1.00 level very quick if the MMs let this go which I believe is Imminent.
Everyone needs to stop focusing on day to day and hour to hour moves and needs to focus on the big picture which IMO is QASP moving to a Higher Exchange in 2010. This is where they will have a large PE and the Price will be adjusted to what this is really worth. Right now this is priced for disaster with what is about to happen.
The prices currently as Brikk said are priced for disaster and none of the 350 million is Accounted for in the current Price.
The MMs are not doing themselves any favors either by keeping the price so low because so many Big Longs are loading the price at such cheap levels and wont be selling for quite some time.
If the MMs were smart they would let this run now so everyone has to pay a Big Premium for the Stock Price with whats about to hit.
This float is Shrinking Massively by the day with the Volume way up the last several weeks.
I can see the majority of the Float gone very soon as the Company starts to buy the rest of the 20 percent for the O/S.
Also again a few small Hedgefunds or Small Institutions can easily buy the whole float and word will get out to them as they are like Vultures who buy very undervalued companies that stand to gain Massive Amounts.
The Dilution that has taken effect should result in 144s that are Restricted and these shares wont hit the market for a long time if its up to the Financing group and Im sure they have very Strict terms.
The Float in the next week will mostly disappear in my opinion and the majority of the O/S will be restricted for quite some time which in turn means the Stock is going to soar soon based on the Supply of Shares becoming very scarce.
MMs are going to have to pay dearly as they keep the prices low because if they are Shorting this in any way its going to be impossible for them to cover unless they can get this to a price that Longs are willing to sell. More and more longs will gobble up cheap shares each day and are raising their price targets and this is whats going to make this stock have one of the best runs for a Pinky ever. Float will be gone very soon and the Company and Smart Longs gobble up every share possible at these Undervalued prices. If this does make it to the Nasdaq or NYSE one day their will be a ton of Millionaires from these prices that have the patience to hold and wait for the Big Bang to take effect.
What a incredible oppt. to buy in at IPO type prices with the oppt for 50-100x upside in the future.
Float will be gone soon
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