The only reason on why we would find any support h
Post# of 4274
Posted On: 09/25/2014 3:41:17 PM
Re: birdys3333 #3165
The only reason on why we would find any support here is because there are insiders that need to protect this PPS to lock in their gains from preferred shares yet to come off restriction.
This stock is all about insiders dumping their preferred shares. Rick Wilson and Co. may or may not have received .0005 shares. But with respect to the work they did that allowed other insiders to dump their 200m into the float they are likely looking for more than a double for their efforts.
This is not support from "faithful" longs. That ship has sailed. The "faithful" longs are writing and reading posts on chat boards while hoping desperately that someone or something comes along to change the direction of this stock. No one wants to throw away good money so that dickhead CBStocks and friends can continue their manipulation. Many have stated that they are done averaging down and won't buy until sustained upward momo is clear.
You are just in time IMO to load up for a run. We are close to or at the bottom. History shows it can go lower but starting your accumulation here is a pretty safe bet IMO. Your risk is by far lower than 85% of the "faithful" longs.
I'm waiting for one of two things. 1) a drop to teens where I will load up or 2) a miraculous catalyst from a company that I have zero faith left in. I won't be holding my breath for either.
This stock is all about insiders dumping their preferred shares. Rick Wilson and Co. may or may not have received .0005 shares. But with respect to the work they did that allowed other insiders to dump their 200m into the float they are likely looking for more than a double for their efforts.
This is not support from "faithful" longs. That ship has sailed. The "faithful" longs are writing and reading posts on chat boards while hoping desperately that someone or something comes along to change the direction of this stock. No one wants to throw away good money so that dickhead CBStocks and friends can continue their manipulation. Many have stated that they are done averaging down and won't buy until sustained upward momo is clear.
You are just in time IMO to load up for a run. We are close to or at the bottom. History shows it can go lower but starting your accumulation here is a pretty safe bet IMO. Your risk is by far lower than 85% of the "faithful" longs.
I'm waiting for one of two things. 1) a drop to teens where I will load up or 2) a miraculous catalyst from a company that I have zero faith left in. I won't be holding my breath for either.
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