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Re: manchester united post# 1367

Saturday, 02/20/2010 12:59:05 AM

Saturday, February 20, 2010 12:59:05 AM

Post# of 94541
Okay, for the lazy ones
who don't feel like reading posts going back a few days
nor the recent PRs .........

The company has GREAT people in the management ! ( do some DD )

The company increased the O/S (to ONLY about 200 mill) and the Float (less than 200 mill)
by getting rid of ALL debt (issued shares for debt) and raised $1 million for working capital.

Those shares have been pushing the PPS down and the selling is still on !

so don't buy until the seller is done .......... which is VERY close !

Look at the Trades (on top of this page):
ALL day selling, followed by 100 shares at the ask to fool people into strengthening the Bid
so that they can keep going with selling over 35.
The end of it MUST be close.


other than that, This seems like a winner !
I feel comfortable with being a "bag holder" for now.
Once the seller is done, the PRs will come and this will move up, IMHO.
This is not a Pink stock. This is a BB.
If this one will not make it, then I don't know what will ........ LOL

Read posts from 2-3 weeks back & do some DD then you should fell comfortable buying the shares in this range.
The more you will buy, the sooner the seller will be done.
Or don't buy yet and wait ..... like me
(I already bought higher, but m waiting with no worries .... this is a good gamble, IMHO). LOL