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ryanmnly

10/05/10 11:35 AM

#27228 RE: Skunkdoc #27227

Fair enough. I don't know the exact count so I won't argue with you there. And I have no idea what will really make it squeeze. I am aware that certain events cause an auditing of shares. GRNO has not had one of those events happen yet.

I don't think Monk has let this flounder and die. For this strategy, it is completely counter-intuitive for us to correlate price with progress. It's all about share count. That's why the A/D line is so important. If there is dumping going on, you'll see it. Since there's not, I'm comfortable.

That being said, you could perhaps stay based on fundamentals, as Paula is doing. The company is starting to make money and as they get more stations in place, the revenue vs. operating costs grows exponentially. I'll feel better once I see a couple more go in and go in very soon.
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Toxic Avenger

10/05/10 11:42 AM

#27231 RE: Skunkdoc #27227

You really think that if the float were close to locked, or there was a large naked short position, another investor would pay $100,000 to promote the stock?

Think of the size of your position and the gain in price you would need to justify paying that kind of money to promote your investment (and you're not even a controlling stockholder).

Also makes you wonder if other payments were made to promote the stock.
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XenaLives

10/05/10 4:59 PM

#27290 RE: Skunkdoc #27227

I believe it is possible that the group owns 2x the legitimate float. The unknown is the PRE-SHO position that was grandfathered in. They will continue to affect the trading of this stock until the company performs a financial exorcism.