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Re: Mr_Breeze post# 4563

Wednesday, 10/27/2010 12:34:10 AM

Wednesday, October 27, 2010 12:34:10 AM

Post# of 12282
I'll concede that mostly buys $50 to $200 buys by peeps wanting a piece of the ELCR pie. The problem with having a float of 10 billion shares is that if it ever were to start trading .0003, then there will be 1 million dollars in profits that the .0002 buyers will be tempted to take off the table and a potential pool of 10 billion shares to sell to churn through that pool of profit takers.

It's sinking because of the dilution, and it's weight will hold it down, imo.

GLTA