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BoilerRoom

06/27/10 5:54 PM

#21102 RE: dollerz-yo #21101

First off why would you use stop losses on penny stocks? The price went down because people were flipping it. The news was good, but not the big news. When final contract details come out this will fly!!!!
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Talc Moan

06/27/10 5:58 PM

#21103 RE: dollerz-yo #21101

You are Correct. THe Float is Locked.

One way to tell if Shares are hard to come buy is put a bigger buy .0003 less than the Ask.

If MM's have plenty of shares and want your money they will short shares themselve to bring the Ask down and fill your order. I have seen it happen by trying this on my own. MM's do not let easy cash sit there. They want that coin.

IMO the MM's are very short that is why there has been such a spread in the B/A they need that spread to offset the ask slapping that has been going on. Once Vol picks up and we really start to grab alot more shareholders the B/A will tighten up because there will be alot more cash flow building in liquity on the bid.

EFLN imo is about to take off to the races. Managment has Acknowledged to me they clearly want this over .01 and have the ammo to do it.

Apple Approving there app is 1 source of rev that could be huge[b/b]

But.... EFLN now is going after another Major source of revs. Government Contracts. INEX has now been approved VOSB baby!!!!!!! this is HUGE

So now EFLN is building Multiple sources of Rev. FOLKS we are trading at .0024 are you KIDDING ME.

Have a great evening everyone.

Smitter SMTT
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Snook

06/27/10 6:37 PM

#21105 RE: dollerz-yo #21101

When we have a steady influx of volume, I seriously doubt we will see what we saw last week. The volume after the PR just wasn't there. We had a bit, then it was gone, then it dipped.
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snappermelon

06/27/10 11:23 PM

#21114 RE: dollerz-yo #21101

I can only partially agree with you. I believe the MMs are manipulating the pps to cover their shorts whenever they get the opportunity to do so. I also believe that the 1 million shares sold on Friday had nothing to do with that. I think it was a panic sell because the PR was, at first glance, a fluff PR. Let's be honest, we were all expecting a somewhat rosier PR than the one we got. We wanted contract news but what we got is a reassuring of news that some of us thought we were already assured of. I must admit that I was very disappointed in the PR and thought about selling briefly until I came to my senses and realized that this was a necessary PR to open the door for much better PRs to come. I can totally understand why somebody would have a panic reaction to the PR and sell off a mil. Look at Homey G's reaction to the PR. "Great news yes... but we already knew this" That was my reaction too. Anyway, just my 2 cents but the important thing here is that the majority of us held strong just as we have for months. I personally have been holding since January and have bought 4 times more since that time. Why so long? Because this thing is a rocket just waiting to be lit by the right PR. I believe that PR is coming next week.