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mr_herzog

07/08/10 8:27 AM

#3857 RE: everett7 #3856

Why hasn't the EC been able to formulate their own POR?

I'm sure the SEC could care less about insider trading in a bankrupt, pink sheet stock, but I sure am curious about those two 150,000 plus share blocks that traded (back to back) on a downtick late last week.

uhlmant

07/08/10 8:31 AM

#3858 RE: everett7 #3856

enterprise value says nothing about multiples applied by the market.

titaniuminvestor

07/08/10 9:18 AM

#3862 RE: everett7 #3856

everett, I would suggest we see what the market does with the stock on the open today. It is interesting to see the bid and ask on Level 2 prior to the open. Higher than I expected, but low trade volumes. Perhaps the insiders already took this to a support level until more information is available.

We won't know until the open as to what the support level is, if any, we will see.

Too many unknowns and not enough information to set a floor level yet.

What we do know is that there are others who have more information than is public to make trades, which is disgusting.

I'm holding on based on how I view the valuation of this Company and I have confidence the EC is still fighting for us until death.

At this point, I could have bought a couple Ferrari's and smashed them into a wall and had more satisfaction.