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Posts | 5044 |
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Alias Born | 07/31/2010 |
Tuesday, August 10, 2010 11:33:57 PM
Here there is no dilution. I have been here since the seventh message was posted. Now we are about to hit message 4000 in a few days. This stock is now bringing in heavy guns who can manipulate and get in on huge shares. The Mm's will run down to get those shares when bid power outweighs ask power.
I believe that a healthy retrace is good for a stock. The MM's used almost 72 million shorts to get people to sell fear. I picked up alot of that fear at .0013. I am still holding millions of shares from .0004. I sold only 700,000 shares on the ask yesterday to recoup initial.
I have never listened to "The Guru", "Twitter freaks" or paid promoters because 99.9% of the time they already have a postion and are selling their shares to dupes.
I look at charts and find bottoms of good companies that have a good product. Alot of times they are diluting to gain money for operations. All stocks do this at one time. This is where charting to find bottom comes in. Here is a good Elliot wave theory that has a long whip saw. This means we are now on downward wave three ( retrace). Remember we have already seen a 700% increase from bottom. This is a pullback from the trips.
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