Replies to post #6967 on Fuse Science Inc (DROP)

[infoseeker11]

Agreed, after looking at some data from this month, today's move downward looks like some large selling or dilution of shares happened today.

Fuse may have released a couple million shares today after they reported the news the volume today looks eerily similar to the volume on the 15th when they announced the launch, dilution may have happened here as well.

This does not appear to be have been driven by short selling exclusively as the Short % action today was at the month low.

Fuse will have to dilute a bit to pay for the product launch, further pipeline items, overhead etc. until the revenue base can support the overhead.

Today's action has created a new entry point, I do not think it will stay here long though. It may go down a bit in the morning but if the dilution is done it will go back above .60 shortly after.

Of course this is just my opinion based on what I looked at below. If you see something different here, please share.


http://regsho.finra.org/FORFshvol20111220.txt



Date Short Volume Total Volume % of Total Share Price +/- day
Dec 1, 2011 802,970 1,199,215 66% 0.425 -7.06%
Dec 2, 2011 373,707 925,675 40% 0.46 +8.23%
Dec 5, 2011 1,315,425 2,698,632 49% 0.46 0
Dec 6, 2011 694,000 1,504,417 46% 0.475 +3.26%
Dec 7, 2011 437,481 1,132,450 39% 0.492 +3.57%
Dec 8, 2011 1,040,290 2,289,436 45% 0.514 +4.47%
Dec 9, 2011 2,209,714 6,615,131 33% 0.74 +43.96%
Dec 12, 2011 1,736,804 4,968,369 35% 0.795 +7.43%
Dec 13, 2011 4,681,833 11,561,139 40% 0.98 +24.52%
Dec 14, 2011 2,818,338 6,287,364 45% 0.895 -8.67%
Dec 15, 2011 2,831,458 6,345,831 45% 0.76 -15.08%
Dec 16, 2011 1,266,557 2,577,536 49% 0.805 +5.92%
Dec 19, 2011 601,053 1,522,198 39% 0.778 -3.35%
Dec 20, 2011 2,009,510 6,040,747 33% 0.603 -22.49%