Andrew Q.: I'll take my leave as well. As I've said repeatedly, I don't think Mr. Pink, or even 10 Mr. Pinks, can damage a stock with a float of over 4 million shares on boards like these. Readers are too small in number and buying/selling power no matter how many there are.
My point was, and is, that the only verifiable fact in this entire mess is the chart. The stock has tanked, and until it makes a sustained move above it's 200 day moving average on volume comparable to that we've seen on the down side, it will stay in the tank....
As far as Mr. Pink's information, I'd remain cautious about casting it all aside. It may be delivered with a tone that raises suspiscion, but this company should be viewed with suspiscion, in my opinion, for the reasons I've provided before. Granted, I've not done the leg work on this stock to verify the accuracy of the claims made by Pink and others, but this stock has a very familiar smell about it, to me. Painful memories of penny stocks and hype scams in my past...
Regards
Jeffry |
