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Topic: ARFR - seems to be bouncing off 52 wk low

cactus33
Member

posted

still bullish, what a money maker..

Posts: 6397 | Registered: Jan 2006 | IP: Logged |

roiresearch
Member

Member Rated:

posted

My only issue now is I got an email from the t/a yesterday saying the shares are now at 251 million

I was excited about ARFR b/c the shares had only increased by 2 million since August 2006 - Jan 2007

Now if a 10 day period, the shares have increased by 5 million more - that is a 150% increase in dilution and should be noted

I lightened my position yesterday at .008 with a good profit from the .004 level

If you read any of the SEC filings, you will see that OTI can start selling shares starting Feb 2007 - I called the company on this and they said it would not have much of an impact. Well, less than 10 days into Feb, and the shares have already started to creep up.

Posts: 817 | From: Florida | Registered: Feb 2006 | IP: Logged |

roiresearch
Member

Member Rated:

posted

Back to looking at increasing my position to 3x my previous position if this manages to get back to .005

That was me on the bid today at .0051

Trying to confirm with the t/a where the shares o/s are as of today

Hopefully it is still at 251 million

Posts: 817 | From: Florida | Registered: Feb 2006 | IP: Logged |

roiresearch
Member

Member Rated:

posted

confirmed o/s today still at 251 million

picked up 200k at .0052

as soon as the ask dropped, i put in an order 500k - only 200k filled

Posts: 817 | From: Florida | Registered: Feb 2006 | IP: Logged |

roiresearch
Member

Member Rated:

posted

not sure what is going on with the stock - it's all over the place lately

been making some decent trades on this

curious to see if .004 holds

Posts: 817 | From: Florida | Registered: Feb 2006 | IP: Logged |

cactus33
Member

posted

every penny is all over the place, lol.. i'll be watching for it to kiss that 30 line..

i agree with you will, btw..

good luck research.. it may spring back tomorrow.

quote:
Originally posted by roiresearch:
not sure what is going on with the stock - it's all over the place lately

been making some decent trades on this

curious to see if .004 holds

Posts: 6397 | Registered: Jan 2006 | IP: Logged |

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