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diamonddavedc

05/16/07 3:13 PM

#24302 RE: coydog #24301

Thanks Coydog. Seems like common sense......but it does have to be explained over and over and over.
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STRONGUS

05/16/07 3:14 PM

#24303 RE: coydog #24301

>>> I think a lot of retail is selling. We have a few posters here that are buying but not many.

Right on. Most of the sells came from retail today. One poster admitted selling close to million shares. folks are throwing the baby in the water and that tells me the bottom is here.
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seabear

05/16/07 3:23 PM

#24308 RE: coydog #24301

Coydog: Your wisdom is always appreciated, thank you.
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gogetter

05/16/07 3:24 PM

#24309 RE: coydog #24301

Well said Coydog, it all comes down to Kron's word in regards to dilution IMO. If they are not diluting we will win the war but if they are diluting we will lose; it's that simple. A lot of people sold for a loss after the dilution rumors started; but during that same time period there has been plenty of buying going on as well. Was this retail or institutional buying? This stock is doing the opposite of what logic says it should be doing right now with the CUSIP change, forward split and divi all coming down the pipe. Is that good or bad? I don't know but like you said these MM's are professional organizations that know exactly what they are doing. I remember the post when you said that people needed to lose money here; well I am fairly confident that has happend over the past two weeks. I have been increasing my position incrementally and my partner has been doing the same. We are gambling big time here but IMO purchasing any pinksheet stock is a huge gamble. Let's see how this all shakes out when we get the new symbol and hopefully some positive news. But I have a hunch that someone is setting this up for a huge run north.....
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gogetter

05/16/07 3:25 PM

#24310 RE: coydog #24301

Well said Coydog, it all comes down to Kron's word in regards to dilution IMO. If they are not diluting we will win the war but if they are diluting we will lose; it's that simple. A lot of people sold for a loss after the dilution rumors started; but during that same time period there has been plenty of buying going on as well. Was this retail or institutional buying? This stock is doing the opposite of what logic says it should be doing right now with the CUSIP change, forward split and divi all coming down the pipe. Is that good or bad? I don't know but like you said these MM's are professional organizations that know exactly what they are doing. I remember the post when you said that people needed to lose money here; well I am fairly confident that has happend over the past two weeks. I have been increasing my position incrementally and my partner has been doing the same. We are gambling big time here but IMO purchasing any pinksheet stock is a huge gamble. Let's see how this all shakes out when we get the new symbol and hopefully some positive news. But I have a hunch that someone is setting this up for a huge run north.....
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PASHA

05/16/07 3:46 PM

#24315 RE: coydog #24301

If the retail start selling the ones who win will be professional traders.Retail will lose now and when the stock started to move retail will chase and pro will sell.