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Re: jmurfk post# 41

Tuesday, 08/17/2010 4:11:24 PM

Tuesday, August 17, 2010 4:11:24 PM

Post# of 90
Almost any way you look at it, I think we're looking at a bounce of at least .05.

If you go by the 100% of bottom it's .05
If you look at the chart, the resistance/support line is just above .05

In the worst case of dilution, there will be at least a 30 day restriction for creating new shares. That restriction wouldn't even start till they do the filing.

And I wouldn't be surprised if the creditors don't back out of this deal like they did after the last one. And I think they may find themselves with a bit longer restriction.

Meanwhile the shorters have a much shorter term problem that can only be resolved by covering. LOL

The dilution won't be starting for awhile, if at all.

Elon Musk, CEO and CTO of SpaceX, with Falcon 9 at Cape Canavera

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