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Ogclip ©

09/01/06 10:26 AM

#2405 RE: Ogclip © #2404

Here is a post i put up last night on my thoughts...

The best part about this whole chart is that it seems to me the dilution that was mentioned by the CEO last week has stopped.. Normally when you see a PPS of a stock rise with a lowering in the CMF its a strong sign of dilution, because the company releases shares into strength..

Looking at the chart it looks like this was the case 2 weeks ago, which we all knew about, hence why the CMF dropped.. Now if you look you will notice the CMF has done nothing but go up along with the accumulation.. This shows me that This stock is being accumulated heavily

I'm sure many of the trades at .0002 today were daytraders selling that were looking for a quick MOMO, but majority of those late day trades at .0002 were people adding showing us why the L2 did not get crushed as it would if they were sells..

Basically to sum up what I'm saying is ALOT of money is going into this stock.. We traded over 1 BILLION shares today, and we have proof that there was NO DILUTION by the O/S update. IMO after looking at how strong the chart looked after today I'd say its only a matter of time before this makes it's move...