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Wednesday, March 09, 2011 12:10:57 PM
Lets take the 10 day daily average around 20,000,000. There are 2.3 Billion shares in the float right now. 20 million is .8% of the float traded. 20 million at .0002 is only $4,000.
Dont get confused with what looks like a high number....20 million dollars in my hand is a lot of money, 20 million shares of this stock is nothing. Saying 20 million shares out of 2.3 Billion is huge volume is like saying $.08 out of $100 is a lot of money.
The only reason this is trading in the millions is that it would be stupid to trade in the hundreds of thousands as your brokerage fee would be 50% of the price.
This stock is dead, the board members have only proven the ability to do nothing and still get paid and the shareholders expense. Dont get me wrong, I want a turnaround. As stated before, my investment is worth almost nothing....If I get even half my money back it would be a miracle.
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