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cjstocksup

12/13/10 3:23 PM

#10968 RE: CollegeGrad22 #10954

Same thing happened in the G stock and it ran from .01 to a dollar, get ready the days ahead will be so much fun. The brokers were selling full shares not allowing for the 1/100 R/S there will be massive buying going forward to fix their mistakes in the days ahead. E Trade caught it today the others will have to in the days ahead.
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renoldman

12/13/10 3:31 PM

#10998 RE: CollegeGrad22 #10954

Or, we take a look at the company's past history .... and see there might be another "D" going on?

I mean we either fly to the moon or we are in dilution country.

Buckle up, I got's my tickets, if we dip I might grab some traders, but I am just watching.

I am not a basher, I am a flipper/trader who likes to reduce his risk and take some off the table.

I don't short penny stocks. I don't even dream that I have the balls to do that - though I will take short trades in bigger board stocks and sometimes in the commodities as well.
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Cassandra

12/13/10 4:37 PM

#11305 RE: CollegeGrad22 #10954

How do you explain where these shares are coming from?

As you know, there are theories as to where the supply of stock is coming from (MM short shares, post R/S conversion of PS) but no one has any verifiable proof.

Barrett and Posten sure aren't disclosing anything.

The stock hasn't taken off to the extent predicted by the MM short "MOASS" advocates since last Thursday. Friday was down and it closed at the HOD today, but most of the day was sideways. If it takes off later this week, their theory will be supported.

If the PPS explosion doesn't occur and the PPS returns to a downward trend, those who believe dilution possibly in form of conversion of PS will have their theory supported.

It's possible there is a lot of churning of whatever the O/S currently is by day traders who are in and out of the stock multiple times a day, creating a higher than expected volume.