Replies to post #33868 on Strattner Financial Group (SCNG)

[1 DayTrader]

WWB... All of what you said is subject to change. I don't
where you get the idea that O/S os 30 B. This speculation is
meaningless as well as your point about the A/S which do not figure into the capitalization of the company. You should concentrate only on the Float to get an indication of the
stock's activities. Also, you left out any consideration
of mergers, acquisitions and legislative activities.

[appetite4destrctn]

Well stated, you have touched on one of the problems with the PPS moving any higher, the actual value of the company. I think another issue though is that even with an o/s of 10 or 20 billion it will be very hard for the stock to make a run. Just think of the wall of .0002s it will have to get past before it ever touches .0003 again. It could take weeks of solid .0002s going through and in that time people could get discouraged and start selling at .0001 again.

As a long term investment this is a good speculation play, but patience will be key here.

I sold all of my shares last week, not because I think the company is a bad investment, I just used the money for another play. I plan on getting back in, as long as I can get back in at .0001. I might miss a run, but I decided to take the chance. In my opinion I think the stock will be 'cellar boxed' for at least another month.

[Ranb2khz]

If you add up all the trades for the past 3+ months you get a much larger number.