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Re: None

Thursday, 05/26/2011 11:02:09 AM

Thursday, May 26, 2011 11:02:09 AM

Post# of 101798
My take on SNEY for the near future


...pps will hold between .012 - .02 until substantial news

...we are not going below .012 because major support at that level...sorry guys...those warrant holders get those deals below a penny...as well as early longs...not you late comers trying to talk it down

...substantial news will blow this stock up in near term...because it will happen before warrants are able to be exercised...I've been in this situation before years ago...and those guys with warrants will wish they can sell but they can't (they will just get to watch hoping it stays high until they get in)...I know...I was one of them...which means less shares available while the stocks going nuts on news...and with the limited amount of shares available...even more upside pressure will be there pushing the stock into the stratosphere

...my guess...this will happen any time between now and mid June...mid July at the latest...and yes it's worth waiting for it...in the meantime...let the traders play this one up and down from .012 - .02 if they wish to risk it...the right news can happen any day...and remember...THE WARRANTS CAN'T BE EXERCISED YET...have you guys not noticed the low volume since our fall...this hasn't been masses amounts of shares dumped (like a bunch of warrants being exercised)...this has been a walking down and transfer from weak to strong hands...they can control this to an extent...but they can't go to far...there is a layer of longs not going anywhere at .012 regardless...and therefore it's easier to walk it up and down in a range vs trying to break that support level...either way they are making money in the interim...fun game...nooooooot

...it seems stocks always have to go through this...right before they pop...irritating but true...I actually thought SNEY was going to be able to avoid this part...but I guess not...either way...not far from that big day IMO...glta

...mylife

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