Tuesday, May 17, 2011 2:38:34 PM
Ive seen market makers drop the price on microcap stocks hundreds of times, especially before earnings reports or a big news event, to protect themselves from a big drop and position themselves safely and profitably for a big move higher.
That news release , even if it confirms the " proven" figures wont be as high or as big of a catalyst as we'd like,,maybe 7 cents...to 10 cents temporarily..........the real catalyst would come from news of finalizing a bonafide partner/investor since we need as much as 3 bil to develope this.......the expense is mindbogling and i'm using their figures..maybe they can cut a bil off that if we go with shell and hook up to their existing infrastructure....and cut our timeline in half too which means profits sooner.
glta
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