Encounter Development Technologies Inc. (ENTI)

[bullshark2009]

I really think a large portion of the float is getting locked up. Most that were holding or got in before the last run sold out already or we are seeing the last of it. A lot of people are in here between 4 and 7 and it would just not make any sense to sell for a loss at this point with all the potential. MMs are trying to load to the boat on the current sentiment toward how the site currently appears (negative), and may be able to continue dropping it on low volume but I do think we are holing support here well so far, especially considering all the blood in the streets today. If the company delivers we should be able to see the penny but it wont last long because everyone and I mean everyone was looking at this as a for sure double from .005 to .01. Once it gets there we will go through the same process of selling and consolidation. If they have a legit product and it starts to take off we might see .03 not too far down the road. Just remember they plan to sell music like Itunes, I hope they can do it at a slightly lower price to attract hoards of buyers. It will be critical for the company to pump us up between now and the 21st with an agressive PR. If not the website needs to speak for itself. I have some doubts but I am holding on tight to my shares and stomaching the drop. Assuringly this will test at least 7 again that I will promise you. Keep this number in mind smart traders if you feel like things are a bit hot right now.