Re: My take
in response to
by
posted on
Nov 13, 2012 02:08PM
(Edit this Message from the "Fast Facts" Section)
This is what happens when money is raised at these levels for free shares. The inevitable spiral happens. HOWEVER, the best scenario possible is playing out where a NEW DIRECTOR is BUYING all of the dumped shares. I know the share price is low now, but imagine where it would be if PP wasn't buying. So not only is he keeping the price above .01, he is also showing a major vote of confidence in the Company.
And the pace of this selling will stop eventually and at that point it won't take much buying to get this above .035 again. IMO.