Wednesday, August 17, 2011 10:52:25 PM
In the past we would see agressive selling probably by convertable note holders to get rid of shares at any price. Today the price was controlled fromearly morning until closing so that it wasn't driven down to a new level.
We usually know who is buying because we love to declare on this thread. I got 2m at .0018 today, but most of the trades today went undeclared. I bought because of the level of control the major holders were exhibiting. We could all see that the ask was relatively untouched during the day. Why would a control group buy 50 million shares, knowing the shorters are trying to drive the pps down to triple zeros, unless they had a plan to control the pps going forward. At this price a small investor could own fltt, control price, and hold shares until the price was at a profitable level. That's my 2 cents ... well if we get 2 cents soon that would be nice.
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