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mmnkcg

07/20/10 6:45 PM

#10845 RE: davesfx #10844

I used to be in this stock. Volume spikes on news but then it goes back down. A little while ago they were releasing a lot of good news weekly usually on Tuesdays and occasionally they'd release some more on Thursdays. Volume went high and with the constant news it was able to go up to .0002 but once news stopped coming it went back to where it is now. I personally think the company needs to reduce the amount of outstanding shares and with that plus some good financials it could go somewhere. I plan on buying some more once I get the extra money....might as well at this price.

seeker1

07/20/10 7:00 PM

#10846 RE: davesfx #10844

Everyone is holding only MMs are selling and most buyers have maxed out on this stock as far as they feel comfortable.

asdgwest

07/21/10 1:08 AM

#10852 RE: davesfx #10844

2M to 10M is the real daily volume of this stock. The major volume spike is all dumpings from debt holders got shares from the company. Once they dumped all they converted, it goes to normal daily volume. Look at people saying, they bought 1M, 2M, 5M. They're putting a few hundred bucks, and only a few selling/buying daily. But, once debt holders convert NSPT's debts to shares, they dump all in market. This is the volume you've seen. Basically, big share holders have been dumping not like ant shareholders here putting one or two hundred dollars