Encounter Development Technologies Inc. (ENTI)

[PokerStar]

Trader, let me give you my spin on what is going on with this stock. As the announcements started back in April with revenue projections and launch date of June for MM, not counting dropping spokesperson names like B.E.P. and Gaga, the demand for our stock skyrocketed causing MMs to satisfy the market by selling the stock short thus doing their job(creating a market). As the opportunities arose as they almost always do in the pinks, the MMs took the price lower by trading systematically to one another to accomplish just that. This did not just start last week, this has been going on for some time now. As all this was going on, mis-information from the company regarding dates were missed creating another opportunity for the MMs to drag the price lower. As most of you are aware, the mms are never just satisfied to cover at break even, they want 100-200-400% return. So IMHO, all the air shares they sold on the run up, they continue to cover, and by doing so continue to hold back any possible momentum by selling to each other to keep the MOMO away until they have covered most of their air shares. The longer they keep the price down, the easier it is for them to cover more at a cheaper price. The more shareholders get fed up with the downward spiral the more of them that sell out. You see what I'm trying to say. Until the MMs have covered, we go no-where. It doesn't seem to matter what is PRed, they always manipulate it to look like a sell off and drive the price down some more. I remain long here and will not post for a while. I think for the most part, the computer will be turned off and will check back in August or so.

GLTY all, hold down the fort while I'm away, larybaby2