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Gannicus

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Gannicus

Re: ZNSTATED post# 22872

Wednesday, 06/15/2011 1:57:56 PM

Wednesday, June 15, 2011 1:57:56 PM

Post# of 24287
POPN - yep...we are just not privy to the timeline..

How many 200 million share day dumps have happened in the last year?

One.

This is not the pattern of someone who is dumping freely right into an R/S...

In fact, the two high volume days in the last 2 months have had a strategic objective...

The objective was to crack the support and bring the price from 0.0004 to 0.0001.

The moment 0.0001 was on the horizon, the dumping stopped. The objective was achieved.

Staring at 0.0001, the weak hands PANIC. You need to eliminate the weak hands before you can have a successful P&D run.

I would bet that the 300 million on ask at 0.0002 now, is the panicked retail herd...with NITE leading the pack



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