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was StockSniper

12/20/07 4:04 PM

#45999 RE: chefdujour #45988

I really meant any future PRs.
I have nothing but admiration for Desmond...
IMO...he showed a true desire to build shareholder value...and demonstrated a level of integrity rarely scene in penny stocks by retiring those shares.

No matter what time of year.....it blows my mind that the retirement of 1.21b shares didn't send this stock into orbit!
There must have been a huge amount of pent up selling desire..or MM inventory which was unleashed by the increased buying volume caused by that PR.

It does look like the selling is done or almost done?
Yesterdays market close at the HOD and inverted hammer was a beautiful sight!
Today we have a SAR up arrow and very little volume.
If buyers gain confidence that the dumping is over and buying vol. comes back in....we could see a very nice run....even without a PR.....
Happy Holidays,
SS