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Re: glassy post# 463

Wednesday, 08/31/2005 12:05:19 AM

Wednesday, August 31, 2005 12:05:19 AM

Post# of 4277
right -- if the 20's showed all buying and no selling I'd expect that those holders had itchy fingers [at least a large percentage of them]

But our chart shows all buyers in the range we are currently in [or just below it] suggesting to me that lots of folk are unwilling to sell at these levels.

Would you sell here if you bought ten cents ago? Some will, but most want 50% to 100% profits at least -- hey this in the pennies -- if I want to make 3-4% I'll play the QQQQ's, lol

Now when this thing takes off and runs to .95 -- then we'll see some profit taking, imo

btw the last 3 weeks have traded in a tight range for exactly this reason -- no one wants to sell here / but everyone who wanted to buy here already has, imo. Look at the volume over the last couple of days -- holding pattern.

GT's
4God