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pawnee33

07/20/11 10:24 PM

#13599 RE: sunbr8k #13598

It is called a BEAR RAID...

I've seen it before DNDN shot to the moon. Some entity comes in and knocks down all the stops and buys any available shares and collects them. Because the float here is so tight they had to loosen it up....not to the scale of DNDN but they obviously had to loosen up the float. Just before DNDN was to announce FDA approval for Provenge, someone came in a pulled off a bear raid, knocked out all the stops...share price dropped 80% in a half hour. Next day share price tripled with FDA approval. SEC investigated but nothing ever came of it....imagine that. Leads me to believe its our new MM. Maybe a good sign of things to come.

stockvader

07/20/11 10:28 PM

#13600 RE: sunbr8k #13598

I believe you nailed it with this post

GREGG THE GREEK

07/20/11 10:30 PM

#13601 RE: sunbr8k #13598

100k nice bro

i can't believe this float is not locked up

hell i just got here a few days ago and have 60k

and i am sure some of the older longs have way more

isn't the float, other than 8 mil or so insider holdings, about 5 mil maybe 6?

good thing to remember is these low floaters

they can move up or down very easily


and this one is surely moving up again in the near future

PLAYER ONE

07/20/11 10:58 PM

#13611 RE: sunbr8k #13598

That wasn't an s-8 it was a conversion of cash debt to the original b/d for the registration. Wish people would read. BKRT is a hedge fund.

hiloeven

07/20/11 11:01 PM

#13613 RE: sunbr8k #13598

Your intelligent observation and analysis is only exceeded by your modest disposition. All should study your excellent post.