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Re: PianoMan75 post# 9634

Tuesday, 01/24/2012 7:51:57 AM

Tuesday, January 24, 2012 7:51:57 AM

Post# of 24254
No, didn't miss anything.

One thing led to another and it wound up being just musings about the validity of 'awareness programs.'

(To All:) What is happening with SMKY and the pps is typical for any small float. It can move up quickly, but once a large portion of the float is held by many long-term people, liquidity takes a sock on the chin and when either:

a. Larger shareholders sell
b. Shares enter into the 'effective float' from the actual float or other places

The illiquid nature of the stock succumbs to the downward pressure.

I WILL NOT purchase shares in a stock which claims an 'effective float' numbers versus an 'actual float' numbers without being fully aware and preparing myself that the 'effective float' will ALWAYS be increasing.

Just my two cents worth. Still long, still holding all my shares.

All The Best

Be careful, most people get burned by penny stocks.

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