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cjstocksup

12/06/10 12:36 PM

#2606 RE: StockWatcher #2605

You would have said the same thing last Tuesday and Wed. We had news but this stock is still an unknown to most of I Hub. We ran from .005 to .018 on nice steady buying pressure as the news was huge but no one knew about it or this stock. So when the buying stopped it dipped all the way back below .009 on panic sellers from the highs and then closed at .009.It was panic selling because it was low volume. The Wednesday the same thing it dropped to .0071 on low volume from more weak hands who had got in at .015 to .018 the prior day. Then we closed at .009 again. then Thursday we had liftoff again on the filing, and Friday hit .0239 on the highs but close almost even on the day from all who got all the cheapies in the prior days on the dips taking profits. This has been an unknown stock until some news last week and is still very unknown. The contract news is huge. We have no worries about where this stock is headed. Today you know exactly what created the panic selling. No reason for it just posts out of the blue telling everuone to sell.
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Loonley Tunes

12/06/10 12:46 PM

#2612 RE: StockWatcher #2605

Ok make we have to make a point here:

1. What news we expect this week?

2. Is this drop today made because of form 8k filled on friday after hors?

3. Accomulation/Dist chart dont look good, but can be this called dillution with 2M shares per day of volume (value 20k $)?