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narnia1000

04/04/12 12:13 PM

#19628 RE: sbc357 #19627

New low was touched today. Confirmation of broken support is not here yet, but will be soon imo. SAPX will be going lower.
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SmoothTrader61

04/04/12 12:26 PM

#19631 RE: sbc357 #19627

I have to respectfully disagree with you on your last post, these entities do not have an "endless" supply.....they got what they got and when they are gone they selling will let up.

The lowest known price that was traded for services in the filings is .13, I personally don't think these people will sell for 30-40% losses, they might be willing to take a 10% haircut to get their monies and that is why I told someone earlier that they would be lucky to get .125's and not .09 as they stated.

This is trading over 1M per day and I'm sure many of those cheap shares are done already, r/s not going to happen anytime soon and those entities would be foolish to take such a loss for their products or services.

Their were quite a few .13's and .15's handed out and when those are done then everything else is above .20 so I think we will eventually see this trading in the .20-.25 range in the near future.