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Monday, 10/01/2012 12:21:10 AM

Monday, October 01, 2012 12:21:10 AM

Post# of 842
To all newbies trading low floats. For now this stock is a low float. I know there were some posters on here who got scared away by the 2b A/S. I totally understand that, and that is a huge concern, but until or unless those are released or the company does the dreaded dilution, this will trade as a low float. There are around 100m o/s, so we have to assume that the float could be that amount, but probably less the way this has traded. For those new to this small amount of trading be patient, and cautious. Never ever chase going up or down, u will get burned and cause runs to stop or start. Never put in a large order to sell, anytime someone throws up a 1m block or even a 500k block in something like this you can cause the run to stop. Break up your orders into smaller parts and set it as a limit. Never sell at the bid, i have done this and many times the mm's will only fill you 5k partials and then drop the bids a lot lower then you chase it down trying to sell and get out. Thats the reason for never chasing and for placing limits. I noticed on friday that there was a 1m seller at .008. This is going to be hard to break that, whoever is holding those would be better served to break it up and place his order at various levels. Ive seen this time and time again. Im still holding near 800k shares in this thing at various levels under .0035. Im looking for this .005ish level to hold as support and hopefully continue higher. The news is a game changer, and as long as the new ceo doesnt dilute or release the a/s we could be in for a much greater profit. Just my two cents on this.

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