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doogdilinger

08/15/11 4:35 PM

#171664 RE: conversekidz #171662

It's not the report...it's the fact that the discount share guys continue having to leak shares into market whether there's interested buyers or not.

I've never blamed eric for giving away discount shares to continue to fuel wnbd's ongoing growth endeavors.

I just warned for well over a year that in order to continue giving away discount shares that must be absorbed by the market...co's need to offset that constant required share leakage with effective market awareness in order to ebb the damaging effects of erosion.

There are several funders out there who bring in their own awareness depending on the discount their able to negotiate with co's like wnbd...but by the sounds of eric's blog yesterday he hasn't found any he's willing to work with yet. So when the already existing discounted shares need to be leaked into a market with not enough fresh buying interest...there's no place for the share price to go but down.

Just the nature of the beast in the penny casino and how the supply and demand forces are in a constant state of flux glta
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puppydotcom

08/15/11 4:39 PM

#171665 RE: conversekidz #171662

Report out and now we sit at the 52 week low..

it was expected .. in fact, I expecte a new all time low coming up