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Re: PsyOpDude post# 24142

Thursday, 07/29/2010 4:31:12 PM

Thursday, July 29, 2010 4:31:12 PM

Post# of 61041
We shall see. As I posted the other day, my charts haven't pointed to a bottom yet, and I felt we could go to .0003. Well, we are almost there, but I'm still very concerned about more dilution. I WAS thinking of buying should we find a bottom around that .003 level, but the collapse today was on only 8 million volume. There's still a ton of shares left to dilute with should they so chose. We get one of those 30-40 million days like we had at the beginning of the month or on the 16th, and this thing gets trapped in .0001 land.

Poor Smitter. Didn't he state he was holding on to something like 40 million shares...and was willing to ride it down like the Titanic if he had to? Ouch.