Xtreme One Entertainment Inc (XONI)

[tryin2bank]

You are right on, but the dilution was more than just this year. There has been major dilution for the past two years. Go back and check out the holiday run of 2008. It ran to a dime (or more). Dilution killed it and thus we only see .0057 last year. I'm not sure how much dilution happened this year but it is obvious. I do look for Bloomfield to get back in. Like I stated, they made way too much money last year to not be part of it this year. There's not much else out there that they are apart of right now. They are always quite until the position is taken (most cases).

What most people do not understand is that this stock was extremely overbought from our initial run to .0009. The RSI and the CCI were through the top. I have learned that when this happens, the pressure comes to "right the ship". That is what has happened this week. The RSI and the CCI has come back down to good levels and the pps has not suffered that much. A little retrace is going to happen. The good news is that these indicators have come back down and the pps did not return to .0003 or even .0005. Thats a good indication that the pps is going to hold for the next bounce. Lots of .0006 support going on L2.