Monday, March 01, 2010 12:28:29 PM
The first is significant share dilution is occurring and will continue to occur as long as YA/Yorkville/Cornell is holding CD's KK signed away. From the latest filings this will take years for YA and KK to complete, not months or weeks from now. Years.
The second is understand traditional chart analysis does not apply to a stock chart where the company is diluting their stock.
KK and YA/Yorkville/Cornell rely on uninformed fresh bag holders to 'discover' this stock, perform traditional chart analysis, believe the story, drink the kool-aid, and look no further before then buy in. Once bag holders have bought in, they tend to stay and hope for a different outcome. Unfortunately when YA/Yorkville/Cornell is involved as they are here, a different outcome is far from likely. The only chart analysis that is important here is the following long term chart. The trend is obvious. Good luck to all.
This is my last post here. I don't know what else I can post that I have not already put up.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM