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Re: Dman1983 post# 7387

Thursday, 03/14/2013 7:33:42 PM

Thursday, March 14, 2013 7:33:42 PM

Post# of 15950
ok, respect for your opinion, but you're losing us here. You said the dump is coming and now its the one that already happened? Not attacking, just don't get where you're coming from. That last pullback to .0018 support was retail. It had gone up a lot all at once and that was a previous resistance. Will it test .0018 again? Maybe, who knows.

But no one is dumping shares for any acquisition right now. IF the acquired company were to get shares, they could even get restricted shares - no one knows yet.

In addition, they are not going to issue shares and acquire a company without at least issuing a PR about a LOI (or similar contract) first. Now, it may pullback lower again, but it won't be because of dilution. It could be any day that we see a LOI PR's or, it could be a few weeks.

In the meantime, people are collecting shares and the float is getting tighter and tighter.

Warning: I Pick Stocks w/ a Magic 8 Ball. Everything I post
could be completely wrong... and occasionally offensive.
Read and absorb my insanity at your own risk.


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