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Thursday, December 23, 2010 2:42:09 PM
predictions..
"it will be next to impossible for the .0002 buyers to get out with any profit.."
I would agree that the daytraders that thought this would be a quick turn around are now either "stuck" as you say or have already taken their losses..
I read back on a few post since my leave and one poster hit the nail on the head..A lot of shares were sold recently..but he stated that it means that a lot of shares were also bought..Close to three billion shares are out and there is no way that the vast majority of those shares are in the hands of the traders or the retail buyers looking for quick gains..
I agree with 4kds that the company will show to all that is the case and that will happen when the balance sheet is cleaned up..With the new CEO coming on..there will be changes made to move the company forward..A big part of that will be the accounting of shares..who owns them and etc going retail..
I don't believe for one minute that the longs are stuck..This is a long term play and if anyone thinks the pps will not significantly climb again they are mistaken..The only ones that are boxed in as you say..are the in and out traders.Tthat is what happens with penny stocks when some look for the quick gain..It doesn't always happen..
I look forward to the coming year and what EXPO's management will do to make it even harder to make those quick gains and or losses for a few..The potential of 100s of millions of shares being sold at this point by the retail side is a non-issue..I believe we will learn that the vast majority of shares are being held tight for the changes mentioned above..No one is getting my shares until I am ready to sell them and thanks to all for allowing me to buy more to hold at these low prices..
Happy holidays to all ...veno
To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..
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