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NioStar

05/14/12 9:36 AM

#20468 RE: pennystocks07 #20466

The Downward Direction of the 50DMA has everything to do with

the Share structure exploding

If they don't demonstrate they can get this under control the price will continue to drop.

I have not seen evidence they have this under control ( YET ). But I am watching.

A Large Contract might help stabilize the shareprice but it doesn't mean they have a profitable business. They still have to demonstrate profitability after a contract announcement.