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Friday, March 15, 2013 7:22:55 PM
There's massive selling because the price just increased by over 300% in less than a week. People are gonna take profits, and when that's done the price will inch upwards. The chart suggests that today was probably* the last red day.
If you're concerned about dilution, remember: It would be absolutely shocking if the price DIDN'T crash on huge volume after such a rapid spike.
*Well, I'm not sure. It could dip a bit further, but I'm guessing it wont because support at 8 looked strong on L2. Regardless, I'm confident this will be trading at/above .001 within a week.
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