Replies to post #10270 on Redwood Scientific Technologies Inc (RSCI)

[dBx]

Angelman - what Gnosis' intentions are, I don't know. I'm not interested in finding the underlying meaning. But I do know that all seem to be unified here in that we ALL want GDGI to do well. Would I like another stab on buying more shares in the 004's or 005's, you bet! But at the same time I'm in this for the long haul - satisfied in my current position.
This is a strong board. If you feel it Gnosis' intention is to scare anyone, I wouldn't worry about it. It wouldn't take much reading to see that this board isn't shaken easily.
Gnosis - if that was your intent, better to try elsewhere.
That's it for me - going back to "read only" mode.
Best to all!

[gnosis]

why would i say that?

well, there seem to be two ideas getting crossed here -
do i want people to think the stock is overbought?
yes absolutely!

do i also truly think it is overbought or do i think i can persuade people and get it below a fair price?
that i think is harder to tell. i do sincerely think it is overbought but there is no particular reason for you to believe me.

looking at a detail like: i acknowledge the negatives existed back at 10 cents so why would these negatives make a pull back now - well that is a good way to see if you think i am bashing or just honestly discussing.

to answer your question - i might say that because i was trying to manipulate people but either thought they were not clear thinkers or was not so much a clear thinker myself, or i might say it because it is true even though it does not support my point its part of the whole story

people also owned at $1 when all those negatives were present. most of the people who owned it at 10 cents were those same people - not a lot of volume back then. i would guess a lot of those people are gone and not coming back.

so we had those negatives yielding a price of $1 and then .10 but that price was established on VERY low volume and shortly after the market consensus became a price of less than .002

now we have a week or two of rumors of news and the stock is up to 5 times its recent low and almost double where it had consolidated. so i think a pullback is quite possible if news does not come this week, which is almost certain.

the only thing different from 3 weeks ago when it was at .002 is rumors of news. if those rumors do not prove true, or if they do not prove true as quickly as some have suggested, i think its reasonable to expect some of the recent gains to roll back.


The word "appear" in your post is questionable in my view.
Gnosis has admitted that he would like to load up at the .004 to .005 level after the price retreats from where it is now, and the things he says may be intended to cause folks here to think the stock is overbought.

But even he admitted that the PPS was around 10 cents at a time when the negatives that he has mentioned were present. So why would he suggest that there would be a pullback; implying that the stock is overbought?