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Re: Verticalmojo post# 58798

Sunday, 07/21/2013 8:25:47 AM

Sunday, July 21, 2013 8:25:47 AM

Post# of 75926
All that record buying volume, and the stock price could not even break the dismal price of .004, which by the way, used to be touted as the "absolute bottom." Then the price immediately tanked back to the .002's the next day. Why? The monstrous 836 million share float, that's why.

Shareholders were told the price had supposedly bottomed out at .006, then .005, then it was .004 as the definite bottom, then .003 was the absolute bottom and now its .0019 that was the bottom. With an O/S of 851,573,586 shares and a float of 836,232,091 shares, and no sign of toxic dilution ending, there is no telling where the next "bottom" will be.

But keep believing the SNDY fairy tale. There are many longs now buried in the SNDY graveyard over the last year, all believing the bottom had been reached, and who "loaded the boat" each time SNDY put up a new CE Completion Schedule that subsequently failed to meet its deadline, sending the share price further south while more toxic dilution hit the float.

The only ones who make any money on SNDY are the bottom feeders who time everything right and do a quick flip. Good for them! At least a few are making a buck or two off of the SNDY disaster train!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y