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swing_trader

03/02/14 6:37 PM

#277559 RE: MaxPowerLove$Ihub #277555

Don't know if I can do that. Don't want to miss out on the cheap. I still think its gonna dip a little more tomorrow anyway just looking at the intraday play

Manti

03/02/14 8:36 PM

#277568 RE: MaxPowerLove$Ihub #277555

Here's what I understand from my dd:

OS: 700M

of that, at least 100M is restricted and can't trade

The 300M dumped at 0001 Dec 27 was possibly the last of the most recent conversion since Sep 30 when the os jumped about 400M

The 650M traded a couple of weeks ago on the MJ rumor was mostly the 400M shares sold in the 0001-0003 levels

Some of those shares were let go last week due to impatience, but those who picked them up have a newly reset clock and will hold for news (unless the news delays more than a week or 2)

Most of the action has been on hundred dollar trades, so even minimal dilution or profit taking would kill any runs. If any real money moves in here, it will fly. The float will be gobbled up, and the traders can set their own exit points.

I've seen POS stocks go from .0002 to .08 just because the group playing them were disciplined enough to hold and let it run....