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Thursday, July 07, 2011 2:48:29 PM
Don't get caught holding shares, as this will sell off to .01 or lower fast, once the big boys have finished dumping the hoard of new debt converted to common stock shares (about 50 million to 100 million new shares based on the SEC filing).
The best bid/ask is here:
http://www.otcmarkets.com/stock/coin/quote
And note that it is trading today with no market makers listed, which is a very bad omen!!! It could be back at .05 by the close today, when people realize the party mat be over. Just depends on when the debt sharks have finished dumping all those new shares.
There is good reason there are no MM bids or asks on the OTCBB today! They know better!!!! They are going to stand aside and watch it collapse! And they do not know when the Debt sharks will run out of shares, and stop supporting the price while they distribute the remaining shares. They may have lot more shares left to dump, I have no way of knowing how many they still have.
That PR yesterday was all fluff, not a new Terra license, but an old dead license, taken over by an unknown, and no news of any new cash from the deal (why, because there was non, or it was too small to put in the press release), so that news was all pure fluff BS!!! And now we have a hoard of fluff posters pumping the readers here to "BUY, BUY, BUY, LOL, Yea right. They will be gone soon as well, once the new dump is over, and the price will nose dive once again.
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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