AI
Friday, November 25, 2005 4:22:53 AM
oh really? I followed ADOT closely for a long time, keeping an eye on L2 almost daily. Pretty much the whole way down it was pushed down by 1 MM who was dumping for the company. Bastage wouldn't even let the stock bounce. And yet you believe .047 to .0003 drop wasn't caused by dilution? While over 3B shares got dumped?
GZFX acted similar when it was diluted, look at drop on the chart below and compare to ADOT. I used to trade GZFX awhile back but stopped once they filed a massive number of shares to sell again while it was still trading .02s. Sure enough it dropped another 90+% to .002. Now they got done dumping those shares and stock finally pops and is actually moving up. And while its moving up company raised authorized because they probably ran out of shares to dump. What do you think will happen when they start dumping again? Look at how ADOT reacted. They stopped dumping and stock ran .0011 to .047 but once dumping resumed.... .000xs now.
GZFX acted similar when it was diluted, look at drop on the chart below and compare to ADOT. I used to trade GZFX awhile back but stopped once they filed a massive number of shares to sell again while it was still trading .02s. Sure enough it dropped another 90+% to .002. Now they got done dumping those shares and stock finally pops and is actually moving up. And while its moving up company raised authorized because they probably ran out of shares to dump. What do you think will happen when they start dumping again? Look at how ADOT reacted. They stopped dumping and stock ran .0011 to .047 but once dumping resumed.... .000xs now.
