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Re: peorge post# 26507

Sunday, 01/29/2006 7:30:34 PM

Sunday, January 29, 2006 7:30:34 PM

Post# of 315345
Peorge it could very well be shorted big time by a hedge fund. I have seen them take stocks down in the dollars down to sub penny's. This looks like it is under death spiraling. they naked a stock like this non stop to try and put it out of business. That way they never have to cover the short position they have. If you don't know it by now I have to tell you this is penny land is the snake pit for trading stocks. It also can give big rewards if the death spiraling doesn't work. I think this stock is going to be going places.

You also have to watch out for dilution. You have to remember the reason why these company came into pink sheet stock listings. It is because they don't have the capitol to go into the bigger exchanges. Cost big bucks to go to the amex, nazdaq etc. they entice us to buy their stock so that they can raise money to make this start up company work. Hopefully when you buy a stock like this you hope that management people aren't crooks. I've been burnt a couple of times by phony companies. Not fun when that happens. Good Luck to you and happy trading.

Bob