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Tuesday, April 12, 2011 1:18:26 PM
The #1 indicator you can rely on is the sp, and it is down on high volume. The current 'story' isn't going to do it, IMO.
Now there a statement that can't be denied and the bottom line. What one can get for what they have and what the demand is for any higher price.
To flippen simple. People rather talk about "naked shorts" "MM's control", "going to the moon with a breakout". But it doesn't matter, the old sp just keeps biting on the "#$$". Volume now petering out, not enough suckers to keep this story going and down she's going to go taking bagholders with it and money into the shell's owners pockets and the few traders that get lucky enough to get in and out with a little. Too many will keep it hoping for another major pop, unwilling to break even or take a small loss or even take a small profit (waiting for the "to the moon" thing) while generally goes on a downward pps.
Even trading this is going to loose it's appeal just creating even more bagholders with ones that actually think there is some business here other than selling shares.
Hurry up, buy them cheapies before the MM's do or all the retail "shorts" paying $2.50 a share get squeezed and this thing is on a even bigger sale price in the future and even more "cheaper" while the ticker dilutes. LOL
Yep, just too flippen simple, can't have that.
![big smile](/images/emoticon04.gif)
Good luck to all the flippers. Pump that baby, got to be a few suckers left.
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