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Re: Long-vestor post# 1840

Wednesday, 01/11/2012 10:39:56 AM

Wednesday, January 11, 2012 10:39:56 AM

Post# of 2750
Insiders own 10's of millions of shares. 20 bucks just dropped the price 6%. Now tell me how those insiders are going to make a dime. Even the vendors who accepted shares in lieu of cash received restricted shares, so they're not the ones selling.

424 shares just traded. There's no question that there is currently zippo buying interest, which is why $20 can move the price.

And as I said, without adequate volume I just don't put much stock (no pun intended) in the charts. The lack of volume is why people who buy pennies on a sudden ramp can lose their shirt because as soon as those few eager beavers have bought, there's no support. Support only happens with game changers that bring in a stream of buyers.

You're right, I've taken a good haircut on this. It IS a loss, even if I haven't sold. But I still believe that Tsingda will go public. That's no hoax unless the SEC is complicit. And as soon as Tsingda goes public, the very real value of Ebig goes up.

As for the triple bottom, .042 has to be broken.