I have been weary of that too- but take a closer look at the volume during the early December pump. There was only about 2 million shares traded in the .12-.20 range, and then about another 1 million that took us down from .15 to where we are now. Yes, many longs took their profit and left, but you have to figure a good amount of that volume was from flippers. I would say about 2 million shares were sold on that pump. Of the 26 million in the float, I do not think it is a P&D and was rather a few longs cashing out and flippers selling for a loss because we lost momentum.
GeoTraq went through a lot of trouble to get the S1 effective. Let's give them some time before we write this off as a P&D. I would be pretty upset if we don't hear from the company by the end of January. I have been accumulating since October and am currently in the red, but holding.
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