Posted On: 10/01/2013 11:47:59 AM
Post# of 1609
Re: StockWhisperer #418
Sept 28th has recently passed (which happens to be the last round of conversions until Feb 2014)
and
Now resistance shows up at $0.002, the PPS is being funneled down thinking the company will indiscriminately dilute the last round of shares lower.
This would provide a way for shorts to try to cover at prices not seen in almost 2 years.
It's highly unlikely the company will dilute at all at current prices, but its very likely a few nervous longs and traders are the source of the selling.
GLTA
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