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Re: ScubaDiver post# 24671

Friday, 08/13/2010 3:30:24 PM

Friday, August 13, 2010 3:30:24 PM

Post# of 61041
But if it goes to no-bid and then a R/S...the shorts win. So you have to ask yourself, who is in better position to win this battle, the MM's (who have millions of dollars to manipulate with) along with a company with a history of willingness to dilute, dilute then R/S ...or the small speculator hoping more speculation money forces a squeeze?

The ONLY thing that could bring in powerful fresh speculation money to force the squeeze, would be a PR from this company with REAL substance; proof of revenue, a signed contract, initial filings for a Pink upgrade, etc. But, if you check the history of this company, the odds of that happening are just about null. The more time that passes without any real news, the more likely this thing will go to R/S again this fall...merely delaying that original R/S of June 24 for a few months.

It is now at a price where it is VERY risky. A couple of ticks down can wipe out half to all of your investment, but it can also double it with a few ticks to the upside too. IMO, this is purely a flippers play now, not a short squeeze play.