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Re: BOBO3 post# 82095

Thursday, 07/05/2012 3:31:53 PM

Thursday, July 05, 2012 3:31:53 PM

Post# of 105534
Research prices & volume for the 1-year chart. When this thing fell from $0.50 to $0.015, it did so on very little volume.

Later on, after the run from $0.015 to $0.075, we've had several volume days at least 10x what we had during the fall from .50 to .015 ....In fact, I would not be surprised if the total shares traded since October's mini run have been 100x what were traded between the RS (May 2011) and October 2011.

And yet we continue to meander above $0.01 ....why?

IMHO, this thing is being held up with silly string. It's just a matter of time before the market makers decide to make 5x their money in a day by shorting it from around $0.0125 to $0.0025 in about a 3-hour span. They have a license to short these pennies & sub-pennies and to make mass $$$ in the process (but they'll never admit to it!). Bad for you, good for them.

In summary, try not to buy into the illusion that these price levels are "good". That's what they want you to believe by keeping it up this high this long.

Good luck!

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