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Re: mike306oh post# 565

Tuesday, 05/17/2005 12:58:27 PM

Tuesday, May 17, 2005 12:58:27 PM

Post# of 33394
Mike, we shall see. Market Makers sell shares accumulated on previous walk downs. When they see huge order with no volume movement which has been the case, they will walk the price down to pick up big orders to make commission on volume trading. That's how they make money. On volume not on price per share. MM's could cares less. That is why OTCBB boards are disliked because of Market Makers manipulations. I don't like the fact that volume is nonexistent. Today only 250,000 share traded and my order is 360,000. Kinda hard to sell later.

I might not get me order filled but it's worth a try. CIRT hit that price twice. Once on April 11th and once on March 21. Don't see a reason YET why it would not come down again. Trend is bearish as of now. Perhaps Q1 will change that. What's encouraging is that CIRT keeps issuing restricted/preferred shares at 0.05 and 0.04 which is 15-50% above current market price.





And as Jack always says: "You can't handle the truth! Son"

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