posted
i agree super, watched people buying at the bid like crazy just to downtick it every time in the past few weeks. thinking we're about done here and ready, made a nice little pop there, pretty quick...
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once the dilution is done, it should move way past .004 IMO...
the S-8 was for 150mil, and as will pointed out, there was about 124 mil traded last week...we are almost at 11mil today...if we assume 75% of that trading is dilution, then we are more than 2/3's of the way there...
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SEVI...getting the MOJO back here...skip i agree way passed .004 i have no intentions of selling that low i am looking more for about .009-.012 for my sells
-------------------- please dont trade stocks on my alerts, do your dd first.
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ARCA still huge on the bid...lots of buys today...dilution has to be close to over...should close near hod, which will make the chart even nicer...reversal coming...
they are a Microsoft Gold Certified partner, that is pretty big...(I contract there, so I know that is a big deal)
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I got in today for 2 reasons. First is I watch Will's posts and the man knows what he is doing.
Second, volume has increased significantly the last few days. It does indeed appear that the dilution is over IMO. The chart is coming out of oversold status which is huge. Nice DOJI on Friday along with a nice day today. Looking for a 3 day run at this point.
quote:Originally posted by BooDog: I see a down tick, not a big one but enough to get in cheaper (.0032) unless it gaps like crazy...then may have to wait for the pull back.
it did gap a bit on the open, what I meant was if there was a major gap then my .0032 would have been left in the dust, the pull back wouldn't even get close to .0032. How bout a target of .023 in 4 weeks or less?
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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quote:Originally posted by simpleman: I wonder if when these guys go for lunch they issue shares instead of cash for payment.
If you are referring to dilution, there is a S-8 for 150 mil, that appears to be about finished...we are all aware, and I am in it for the bounce after...
and Boodog, I am looking for .026, I want to help ARCA fill it's 42000 order
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Skip, I hope everyone is aware of the shortcomings of this issue. I made it very clear in my first post that there was dilution ocurring. This wasn't your routine pump and dump that you see so often on message boards. Pros / cons were freely admitted from the first post on.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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