Shrink Nanotechnologies, Inc. (fka INKN)

[VistaViewer]

Once again, I am in the red on this one.

There wasn't much profit available to me when it hit .19 yesterday. So there was no big incentive to sell. But in hindsight that's exactly what I should have done. But how would I know what was about to happen?

Now it looks like it may be a while before we even break .17 again. This is looking like a new pattern that has set in here. From my viewpoint it was triggered by the CEO dumping 570,000 shares on the market. Beautiful timing with the PR being issued on queue, after hours on Friday setting up for a big Monday. You just have to wonder, if the CEO doesn't want to own this then why should anyone else. Great deal for the CEO but lousy for the long shareholders.

For the time being I am holding my shares. But I am not liking this action one bit.

VV