Replies to post #13168 on ScripsAmerica Inc. (SCRCQ)

[Snizzle]

Haven't seen any solid signs of the bottom being in....think it will go lower before moving up.


A lot of factors out there right now that could push the sp down a bit further.


Gl

Scrc

[coolerheadsprevail]

I look for our next run-up to start December 27, next week Friday.

It's possible. Whether it's a true runup will depend upon whether there is legitimate material news. If not, then there may be further stagnation -- but at least stagnation is better than continued bleeding, that's for sure.

The good news is that we at least started seeing some buys yesterday and a wee bit of ask-slapping. The selling pressure has decreased, but that was predictable based upon the timing of when the ~1,500,000 shares began hitting the float last month.

As you, I, and others have been saying for a while now: Patience. There was no sense of immediacy w/buying SCRC w/all this overhang hitting the market and needing time to flush thru. Anyone who has been urging you to "Buy Now!" over the past month should be severely questioned, especially considering that this current wave of dilution has been plain as day to see since the 2nd Qtr Q came out months ago.

But, as much as that 1,500,000 shares may have all materially flushed thru or not by now, here is the next wave of dilution that will hit the float in the next few days:

10,000 shares for NICK TORRENS
225,000 shares for JOSEPH ZAMPETTI + 1 more designee
100,000 shares for ROBERT W. TIPPIN
100,000 shares for BRUCE BERENBERG

That represents another 435,000 shares of free restricted stock doled out to paid promoters unlocking between today, 12/17/13 on thru 12/22/13.

If these 435,000 shares can flush thru in a week to 10 days then SCRC's sp may see a reprieve by year-end or early-JAN.

But, IMO, any reprieve may be short-lived because on 1/7/14, another ~1,400,000 free restricted shares handed out to paid promoters unlock yet again. Followed shortly thereafter on 1/11/14 by yet another wave of ~1,200,000 free restricted shares belonging to -- you guessed it, let's all say it together now: PAID PROMOTERS -- unlock and hits the float.

And this isn't even taking into consideration the convertibles that will come due in JAN.

As I've stated previously, SCRC needs legitimate material news. Desperataly. Volume will cure all ills, but the volume necessary to move the sp and to sustain any such movement will only come with legitimate material news and not fluff PR's. Fluff PR's will only result in another fakeout where the sp will eventually retrace, and that is of no benefit to true long-term investors -- such fluff PR's serve only to benefit the paid promoters who are looking to dump their shares as fast as they can.

GLTA...