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chevdawg18

10/25/07 9:53 PM

#33015 RE: Pharaoh-1 #33009

Yes Pharo there is now 0 resistence. Only resistence is from already existing shareholders. There is 0 dilution from the company and the float has got to be nearly, if not already compeltely bought up.

So the only sellers are people already holding the stock - and with most people realizing that its going higher and with lots more people on the sidelines wanting in (think institions) - we have the perfect setup. (not including all other factors, news, valuations, earnings etc.)

Just pure TA speaking - this is a rare occurance.