quote:Art2Gecko In reply to: Stock Lobster who wrote msg# 2440 Date:9/13/2006 10:00:13 AM Post #of 2447
well, he was responding to an email where I suggested he PR the OS was 3.6MM or whatever, and a description of what happened yesterday creating the large short position that now exists here.. so we will see..
posted
This is acting like a stock that is very very short...all over but the moment volume comes BOOM...gonna be a wild ride for a few days but my bet is we DO see .50
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I pulled out my initial at .13, and am holding some free shares to see where this goes. I think it still has some room to go, but who knows... and as i type this, .15 * .16
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I put $1000 in at .12. I would say throw somethign at it that you are willing to lose all of, and then don't sell any in the short term. I'm going to try not to even look at this for a while, and set up somethign to alert me if it goes over .50, which I think it will if enough people hold.
quote:Originally posted by Schwabie: TEX WHAT YOU THINK WOULD BE A GOOD ENTRY POINT HERE ... IF THERE IS SUCH A THING...
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Seems stuck at this point till the next move.. My account is significantly up since I bought at 0.06 yesterday (with fear I might add !!!)
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From : George Johnson <johnson*stctransfer.com> Sent : Wednesday, September 13, 2006 4:50 PM To : Art Gecko <aphoenix31*hotmail.com> Subject : Re: R/S broker screwup
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Art
The outstanding as of 09/13/06 is 3,698,794 shares outstanding
George J
Art Gecko wrote: OK, thanks, that is fine. So what is the official number of outstanding shares currently for AWYB?
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Here's the thing, this may end up acting just like PAIV, which is that at first a lot of peope anticipated the Short squeeze and the price went up a bunch on the first day or two. Then interest faded when it didn't go up more. But then (I guess) when the brokers found out for sure that they HAD to buy back the inadvertantly shorted shares, the price went from under a penny to 28 cents in a couple of days. Remeber, PAIV was supposed to be around a penny, but because of the short squeeze went up to 28 cents. AWYB hasn't even hit 33% of the 50 cent price that it SHOULD BE after conversion. This still has a ridiculous amount of upside, so I'd say keep in what you feel comfortable with, and just ride it out, because it may not happen right away, but it will happen, and you'll be pissed if you sell out now, in my opinion.
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