3Power Energy Group Inc (PSPW)

[rookiecrd1]

Clearly they need to provide us more information. I am still very confident in the company, it's just that there priority doesn't seem to be with the shareholders of the float which represents probably 15% of the company. That needs to change.

Basically you either believe in what the company is trying to do or you don't. I'm still a firm believer here. If the share price was still 30-40 cents I don't think many people would be complaining or calling this a scam (which I would bet everything I own that its not :) ). Now all the bashers come out of the woodwork, not because anything changed with the company but because the price has dropped significantly. If I was buying at 30 cents I am sure as heck buying at 10.

I feel that basically one seller, someone without connections to the company any longer needed the cash, or just got tired of waiting around, had their shares unrestricted and thus instructed their broker to sell them all. Supply was greater than demand thus a price decline. I've been checking the shorted numbers, even the FTDs and they don' seem to show much shorting like I had initially thought.