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Qone0

10/02/07 9:29 AM

#10529 RE: fltrader #10528

Its the people that didn't know or understand about the court receivers report.

USXP is now or soon will be an empty shell with 39 billion OS and 3 million dollars in debt.

Anyone buying it either does not know what these things mean or is deep in denial.

jking1999

10/02/07 9:35 AM

#10530 RE: fltrader #10528

fltrader: Doesn't surprise me at all. A huge percentage of people who trade subpenny stocks don't bother to read any message boards, and if it isn't posted as 'news' on Yahoo! or pinksheets.com on IHub, they'll never know about it because DD isn't there thing.

Right now, the chart looks virtually identical in formation to what it was when it went to over .045 back in 2006. That's what these 'investors' are looking at. The chart sucks, but they see that comparison and think, 'here we go again.'

There were much more MMs trying to sell at .0003 (13 vs 8), and fewer trying to buy at .0002 (9 vs 14) yesterday. That should get more pronounced today.