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es1

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Alias Born 07/13/2009

es1

Re: jbnycems post# 4482

Saturday, 12/19/2009 1:16:43 PM

Saturday, December 19, 2009 1:16:43 PM

Post# of 9838
For those not sure what will happen here the odds are that on the 16th of jan this will open at .01 and from my experience it will drop in price no matter what.

A lot of people out there think the number of shares they have is important when it is actually the price that is important. These people will feel ripped off since their 1 million just became 10k. They wont see that the .0001 became .01. (Math is hard for them I guess.) These people would bail right now if they could.

Others that got in at .0001 and got stuck there with a no bid will finally have a way out and they will take a loss and that will also lower the price.

Then the people who are not sure of the final outcome will start to get worried and decide to get out while they can.

This will cause a panic sell. Large or small? We will see.

At this point the sharks and gamblers will swoop in for the kill and start buying these up at the new bottom.

This will start to drive the price up a little and a few who stuck around will buy up a few shares. The pumpers should be out about this point saying stuff like "to da moooooon!" and "Kaboom!". The price should go up a bit for a few days.

Now the people who have etrade and a few other brokers who wont let you have your shares for about a week or 2 after a split will see all the above and will get their shares all about the same time. The process above will repeat for a few more days while these people go through the process. When the price drops the second time the bashers should start to show up puffing up their chest and saying "I told you so"

After this is over then the stock will settle down volume will dry up a bit and the PPS will stablize. The market will then decide if they want the PPS to go up or down.

After I do some DD here and see if I want in, I hope to follow the sharks and gamblers and see what happens LOL