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blackhawks

01/23/13 9:05 PM

#9507 RE: zooey #9505

Hawk, do you think this volume is all dilution of the new shares issued? Thanks!!



Zooey, I cannot categorically state...beyond a reaonable doubt....that people are NOT buying in hope of an easy double if not a triple or more. But do you really think that if the volume we're seeing is buying rather than selling that it would NOT push the price up if there were NOT dilution?

Easy experiment. Place a sell order @ .0002, good 'till cancelled, just to test your ability to score even a modest profit if you're in @ all .0001's.

As I posted earlier I managed to unload some @.0002 last Nov.

Make sure you specify 'all or nothing' on the sell order. Otherwise you may find yourself looking at a sale proceed not much higher than your commissions charge for the trade!

Also, compare this answer with either no answer or "I know what I know" as a response.