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Bigdogs

07/06/06 3:24 PM

#3697 RE: Way Truth Life #3694

Way truth Life.

Great post. EQBM has been buying the last few weeks. I got a email from here and he said they were buying at .01 also.

Definitely being shorted down but when it turns it will easily get back to .02 - .05 when it turns.

I bought 250k more today and will buy another 300k tomorrow.

Its all a waiting game now and buying low. Stock has gotten pummelled and will bounce huge soon.


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PokerVertigo

07/06/06 3:28 PM

#3699 RE: Way Truth Life #3694

Thanks for keeping us updated on your thoughts on the current situation... I honestly wished I had stuck to my initial guns and not looked at the stock today, but that lasted about an hour... *sigh*... I did pick up 124k shares today at 0.0063... so that brings my total to about 826324 shares in total... and my position average is around .0083.. So I'm underwater as well at this point, however not as much as some of the longs.

I think at this point we need to start being realistic about this stock, and stop throwing more and more at it just because prices seem like a bargain. Remember, we're still about a week away at the very least before we hear anything positive, and as such we need to brace ourselves for more "amazing deals" (by this I mean more drops in PPS that makes our stomachs churn) about to come...

The worst part is today I'm sure a lot of day traders/momentum traders picked up a fair number of cheap shares, which would indicate that if the price indeed went up to .008 again, lots of selling will ensue, and we'll head back down again...