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PinkElephant

10/25/08 5:19 PM

#41015 RE: zguy #41012

Weren't you using the same logic a few months ago so say it could never go below $.02?

Certainly his mentioned price is a little extreme, but Friday's volume speaks volumes. Lots of things can change over the period of a few years and there are a lot of assumptions being made about the valuation of Hemi that could change for the better or worse.
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duelittle2

10/26/08 10:19 AM

#41022 RE: zguy #41012

You are saying there is some "connect" btwn share price and fundamentals...which here there is Not...and while that matter continues not to be addressed ..the manipulators can take the pps to any low...Knowing they will Never have to account for the shares...so @ the present pace...0.0016 is possible!..over a year period..

btw...we'll see what the "WASH" rule precipitates this fall....I bet there are many here that can sell their more expensive lots...sit the sideline easily for a month...and have a nice write off and get back in far below where they sell now!..That has been the trend and perhaps a few smart ones may have done it...and a flood of it will most definitely take this below 0.005..from where it is now!

imo
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Arkait

10/27/08 11:19 AM

#41064 RE: zguy #41012

Just looking at the trend of the share price. Last few weeks have seen the biggest volume, in the negative, for four years.

Trend is not good, regardless of fundamentals. All that would have to happen is collapse of oil prices, a purchase by the company
that caused dilution.. or just letting things drift as they
have been with no great increase in revenues.

I don't like to be negative, but another 90% decline in shareprice looks likely from here. Is it nss? Could well be.

I'll remind you in a year, regarding this little debate.