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Ryan Industries

05/14/08 3:06 PM

#515 RE: petermic #514

peter - there was serious dollar volume here. presuming that there was a promotion and some sort of 504/506/RegA being done to fund the company, they almost had to have retail dollars.

they made a terrific strategic move to do the roundup play, because they automatically captured the interest of probably a couple hundred people right there.

the newsletter was junk. the best opportunity for some manipulative trading was early on, when they could do it (relatively) cheaply and take out a couple asks to create the charge and percentage movement they need to promote it on a wider scale.

after that, i just think it snowballed. probably better than they ever expected.

this will go down as one of the most egregious pump and dumps in the history of the pinks.

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American Eagle

05/15/08 12:28 PM

#520 RE: petermic #514

Good post...i bought some more in the 2's and 3's, got out on a double.