InvestorsHub Logo
Followers 32
Posts 3028
Boards Moderated 0
Alias Born 10/08/2009

Re: cmayden443 post# 47764

Tuesday, 02/09/2010 11:22:12 PM

Tuesday, February 09, 2010 11:22:12 PM

Post# of 56275
Looks to me that all those 100 dollar trades at the bid we initiated by one very angry shareholder who would really really love to see this thing tank.

I am not surprised there are some very angry folks who were very badly burned here. But that tactic is misguided. There is not a need for that. CEO has done a fine job of tanking his own stock from .06 to .005 in record time.

Plus, as we saw before, company can make a ton at these low levels with the printing press going 24/7, they just print and sell more shares. So trying to cause the PPS to drop to get panic selling only hurts other shareholders more than DM.