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Re: The Beef post# 9838

Friday, 09/07/2012 3:27:23 PM

Friday, September 07, 2012 3:27:23 PM

Post# of 211625
The first run which was mostly guided by experienced hypers is gone... they managed to take this stock from less than a penny to almost 0.10 - that's history.... IMO, from now on, unless the company comes out with some "fundamentals" not matter how "miniscule" they are, highly doubt the people you need to make this jump will do it... you need buyers of large blocks of shares. 25K,50K, etc....

Trading 5K or 10K won't do the work. Remember that there were almost 10- 15 millions shares traded at less than 0.02 or 0.03 during the last week of July... count the daily volume so far... there are still quite large blocks inside, bet ya you will see them coming out if there is a run to 0.10- 0.15 again and, most likely, back down to these levels again, IMO

I go in into a penny stock which trades below the 0.02 mark without much looking for fundamentals. It's a lot easier to make it run.