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Re: moneyloveme post# 18573

Thursday, 06/16/2011 9:46:05 PM

Thursday, June 16, 2011 9:46:05 PM

Post# of 79471
I've been thinking the same thing. They need money now, and yet have no income. On the short term this company is going to be a money pit. And the place they're going to get the money is most likely from people buying the stock that they're going to sell. It's going to be very hard for the price of the stock to go up with them selling. There was a paid promotion about 3 weeks back and the volume on one day was 250 million. And the share price went nowhere, because 'someone' was selling selling selling. So they got their money....but the stockholders got squat. I'm just afraid that after all this continued selling there won't be much share value left.

I really hope I'm wrong. But it doesn't look too good right now for the PPS.