Friday, February 03, 2006

From the Stinky Bull

By: dafugeguy
03 Feb 2006, 11:16 AM EST
Msg. 33838 of 33845
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I hate to interrupt the lovefest but a few comments:

There does seem to be a tremendous amount of support to keep this stock above .0001. It is not me or anyone I know, as most of us, have way more stock than is prudent already.

The reason that this is amazing is that we are approaching seven months in limbo. Most stocks would have handily plunged to .0001 by now. Consider our friend Jupiter who has orders or magnitude more of a following and actual business model (albeit an imperfect one). They traded at .0002 today. Based on that we really should a no bid stock. And as I've stated before fifth decimal place land is an ugly and lonely place to be.

Has anyone done any trading lately? What is the actual cost to buy shares? What can they be sold for- if at all? My experience in pinkyland is that once a stock gets to where we are now, the MM's can post anything they want in terms of volume and price. The only way to know what is really going on is to physically trade some stock.

-- Just my random musings for the day since, as always, we have no news --

(Voluntary Disclosure: Position- Long)

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