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rhou

06/07/08 8:01 AM

#27991 RE: Den #27990

I couldn't tell other then for argument sake let's assume longs got out of 1 mill or more in the .08-.013 range the way this is trading peeps can come in buy at .01 or lower and resell for 10-20% profit all week long now if it is more....then what it will take is for someone to go on the bid with enough cash to buy 2 million shares at .015 that will clean up everything and you will see the pps go to plus 2 very fast...its trading the more they sell causes more peeps to lose faith and sell so whatever you started they with is more and cheaper they buy to lower their average and the quicker they can flip...JMO


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The Real Titan

06/07/08 2:38 PM

#28043 RE: Den #27990

I don't know that I'd call our recent volume "Dumping." I mean really, last week we never even broke 1M shares, so each day traded less than $10,000.

And of that, we know that all was not simply selling, or we'd have ended up below .0050.

Before that, we saw a spike of buying pressure at 4M shares, which was followed by a few days of 1.5M & 1.3M of selling, which was likely profit taking.

So, exactly where do you see "Dumping?"