Replies to post #4109 on lev$elevator (LEV)

[thatguy157]

I am still holding 26 mil shares there. The dumping has decreased allot if at all from the company lately...2 weeks or so, I even started to add a few here in there. I think when the numbers are released on the 15th of Nov the price will increase if there is no more major dumps. I say that because if there is no more dumping then I will personally take out all of the .0002's there. At the same time dumping my 26 mil on the 1's for a loss to offset a big TECO play I had early in the year. The company still has a future, and will rise when the debenture is complete....If it has not already.

[Beezerr34]

I've followed FEEL in the past, and that stock has gotten absolutely clobbered. It is very possible that the company is waiting for the CDs to clear out of the market. If they are old CDs being converted now, then the company has already received the money for those CD's. Any increase in stock price would just put more money into the hands of the old CD holders. If the company is waiting so as to avoid putting money into the hands of the old CD holders, then that is fine. Here is what to watch for though. If any NEW CDs are being issued currently, then that might spell big trouble. With the stock price where it is, any conversion on any new CDs would almost certainly mean a R/S as there is nowhere for the price to go. I hope this helps.