![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, November 17, 2010 12:59:26 AM
1) Flint need cash. They are borrowing in 25k to $50k lots (see Q) They have to give something for this cash, and thats shares, lots of them.
I would guess they have to sell them at about .001. So, the MM who buy them let the price run up, then they dump them to make 200 to 400% on each hit
So, in the new year when Flint have filed their S1 they will be able to let this type of practice stop, and will sell ONLY to AGS (see last Q).
The benefit is that the price will then start to shoot up as they will sell in a more structured way so as to maximize profits, but mindful not to damage the price too much...as if they screw the price up completely they blow themselves and Flint out of the water and there is no more easy money to be made from Flint
Thats what's going on I suspect.
So, day trade it like the MM are for the next 2 months and make some cash and buy more because it WILL do very well in 2011 going forward!
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM