Sunergy, Inc. (fka SNEY)

[mikeymgd]

I have always felt confident that the stock can still rally but since the OS continues to grow our rally will continues to decrease in size. Add to that the fact that people have been removing the restrictions and the shares are entering the float. This creates further resistance on the next run.

We need to keep an eye on the restricted and the OS. We have seen small amounts of restrictions come off and enter the float already and once this happens on a grander scale, the resistance on each leg up will be tremendous. Also the warrant holders might choose to unload their newly unrestricted shares once they exercise the warrants. Imagine the ability to sell your newly restricted shares for a 100% gain while also exercising the warrants at an immediate green. You would reduce any risk in the investment and own the warrant shares for nearly nothing.

I hope we get that rally prior to the rainy season or we could be talking about 2013 is the next point were the stock runs.

I am keeping my fingers crossed.