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tbonaces80

06/13/09 9:56 PM

#23550 RE: SirFelix #23549

SF-good point in a way but I gag on that a bit-to me that comment sounds like a CEO/or Director would be in 'cahoots' with this "in the know" or a direct MM with supply in which one would assume that to be a form of front run trading-which is a big no no!! I have mentioned via email in the past to the CEO that any misinterpretation of information (regardless) and the market will disapprove-hence I gave an opinion to him on prudent review of financials (not a once glance over-install a Risk and Control group and Proper Independant Audit committee to control ops and financial risks. This jump up and down (doji for you tech's) from friday (imho) is purely MM play on keeping this from overloading on the over-bought side in my opinion as well as I said before-different momo traders and possibly warrants excersize(although that might have to be disclosed-anybody?). Either way, it has tested over the resistance-although didn't close above it so its not confirmed but with the volume comes hightened awareness outside our little investment community. Also, hit a second pivotal resistance at .10---so draw a line over the longterm graph (use a 7 year daily or weekly) and you should see we have two pivital points to break (unless something else enourmous comes out in the short run-which would negate these typical scenario) and/or all things are off the table and this thing goes back into warp speed. Love the volume and am very happy to see it breakout like it did. To me, it looks like the OTCBB NEOM was back in the day from .09 to .70 in a month. Or SIRI (for those that remember) that went from .65 up to 9.20ish land. Yet these co's (all who had a product) were piggish in float and little no positive net income-soemthing this company has turned around quickly in a highly volitile market broadly speaking. If this Mgt team uses prudent cap-ex and does not float additional shares to cover new costs (I.e.-increase rev-2x, 5x,10x)to attest to capital appreciatition..we should see monsterous sustainable gains....good night