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Re: Chugit post# 19341

Thursday, 09/13/2012 6:52:19 PM

Thursday, September 13, 2012 6:52:19 PM

Post# of 54206
Maybe it will make sense to you if consider the time span I talked about. Review the price performance through the past 4 months (since PPS of 0.0025) and the damping effect of good news on the price.

From what I read on this board, "longs" and "investors" are not in this stock to make $100 on each million and did not get in a stock with this potential to flip it.

Isn't it a little bit strange that this "bid whacking" and "traders taking loss" occur only every time good news is released and the stock shows potential of running high?

Of course longs are buying, that's why it hasn't reached no bid until now. The issue I'm discussing is who is selling and form where these shares come to hammer the stock every time it is about to run? The ask is the issue not the bid.

If talking about no bid is ridiculous now, so was talking about 0.0004 three month ago. Look at the price trend and where it is going then tell me if you still believe it's ridiculous.

If you read my last couple of posts you'll know that I believe there's no dilution. Add to this the high potential and longs buying and accumulating, then you'll understand my concern: from where all these shares come to hammer the price down and how at the first place the price hasn't passed 0.002 by now? This is not normal.

Your money, your decisions.

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