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fringe_remnant

06/09/09 12:24 AM

#154590 RE: theworldismine #154588

The Price Can Easily Drop

.. Ten Fold from here.

And it will, as the shares continue to hit the market.

fringe
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Disquisition

06/09/09 12:26 AM

#154594 RE: theworldismine #154588

I agree.

The systemic bashing we see at these levels is endemic of loading shares up before an MM or news-driven run.

Exact same thing happened with SPNG, I remember a slew of people saying it wouldn't go anywhere (at .007) and it would dilute us to death and only fools were buying in. Now, it is trading at 14 cents per share (a 2000% gain).

Same thing happened with GNTA. At .005, a huge number of people flooded the message boards saying it would go bankrupt, it was out of money, was diluting, had no where to go but down, etc. It has since run to .02, and is currently trading around one cent.

The very simple question you have to ask yourself is, why are tons of negative posters suddenly paying so much attention ;-)
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Risicare

06/09/09 12:39 AM

#154599 RE: theworldismine #154588

The price isnt going to drop any further if he releases all 3 billion extra onto the market. That aspect has already been priced into the common share.

Yeahh right,just you wait and see....
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power_forward

06/09/09 5:26 AM

#154610 RE: theworldismine #154588

wrong--if Jared did that,the O/S would then be a humungous 5 Billion,and the pps would be at about .0009