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Re: hyperboy262626 post# 40557

Tuesday, 07/09/2013 10:25:58 AM

Tuesday, July 09, 2013 10:25:58 AM

Post# of 163719

What are you thinking?


Well not much. Seeing the unlimited supply even at these levels is a natural reason for concern. At least in my cautious mind. We were wondering about the unlimited supply at 60 cents, now we have it below 40 cents. As you yourself said. They are happy to sell all these shares to your guys at 37 cents even though they could easily get mid 40's for it.

So my question is who are these sellers. It's certainly not all shorting and it's certainly not all financing shares. Fact is it's a reason for concern unless one looks at it with rose colored glasses. One can't argue that it's just parties selling shares to each other and trying to free up shares. Obviously on the other side there are real buyers (your guys) so there has to be real selling going on most of the time.

Nobody is in the green here except a few traders. There should be zero supply here other than a few MM's providing some liquidity. Instead we have unlimited supply at a PE of 0.4 or so.

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