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[QUOTE]Originally posted by PCola77: [QB] I'll post this to anyone with, or considering taking, a position (except trio, since he obviously doesn't need anyone's help... :rolleyes: ) There are 50billion shares outstanding. I would not be surprised to see this touch .0002, or even sit there for a few days, and I wouldn't be surprised to see it happen soon. The problem is, you know that almost all 50billion shares will have been bought at .0001, and further, you can assume that some 45billion+ will be for sale at .0002. In other words, you need $9million in volume in this to have chance to see .0003, and that doesn't even include people that buy at .0002 and then get tired of holding and sell at .0002, or even sell to a bid of .0001. And let's be real here, if you buy at .0001 and it touches .0002, you've accomplished nothing since I guarantee you won't be the one whose .0002 asks are getting hit, until at least 10s of billions have been bought. And yet I can also guarantee that some of the current holders will declare victory when they see .0002, because in their minds, they can then use this to say "see, it went up 100%, I'm a genious." and some poor souls will believe them. Let's put it this way, and it's the same I put in every thread where people tout .0001 stocks, if you cansee .0001 on the ask, and then .0002 on the bid, that is the only way that you can realistically claim that you picked a 100%er. You already have half, as the ask is .0001, now let's see if you can get it to a bid of .0002. Obviously I'm a doubter, but I'm still rooting for you to prove me wrong. In short, this is preemptively telling a couple of you that if/when this hits .0002, it's totally meaningless, except that it probably means that there is a bid, and you could probably get out at .0001 for just commission loss. [/QB][/QUOTE]
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