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Re: lionsfan55 post# 27021

Wednesday, 05/12/2010 11:56:45 AM

Wednesday, May 12, 2010 11:56:45 AM

Post# of 372762
You keep insisting that the people selling are taking profits but you have NO PROOF of that unless you are the one selling. While that might be true they could very well be people that bought at 0.05-0.054 range that didn't do much DD and were just momo players and are now bailing foolishly. Or they could be flippers, like those from the one stock group that advised people to flip from 0.03 to 0.02, and are now flipping in the 0.04's.

Hell a few people on this very board have stated they are flipping every time it moves up so they can buy back when it drops. But all they do is slow the upward trend by selling as soon as it jumps. Sure, they might gain 10-20% more shares... but it could very well be 100% higher than it is now if they wouldn't start selling off the instant it moves up a penny.

And there were two people in the "11 to 15 million" share category. Nick and Rainmaker. Nick has stated he hasn't sold a share of his. And I doubt Rainmaker has either.