Followers | 0 |
Posts | 27 |
Boards Moderated | 0 |
Alias Born | 04/09/2010 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, April 13, 2010 3:50:24 PM
My guess is that the short interest on this stock really controls the thing. But with a little bit of good news and attention that might be to our advantage if they can be forced to cover. We really just need to get some more attention, otherwise the major interests are just going to control this stock indefinitely, and it seems as if there main goal is to bring it down.
The crazy thing is, the stock, despite the shorts best efforts, seems to have hit it's bottom, or at least a major resistance level within the .0045-.0055 range. As long as the company doesn't start diluting we should be fine since apparently most of the stock is locked up in the hands of individuals who are not selling.
OR.... Maybe there is a deal between the company and the MM's to keep the price around .005 when the merger occurs, because it seems to go a little above and below that at times, but despite the volume the spread doesn't go anywhere but back to the .005 area. If this does go sideways until the merger that would signal some good consolidation and stabilization. I guess we just have to wait and see.
Hopefully we can get some buys before the bell.
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
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