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Strategies & Market Trends : The DD Maven -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (452)12/11/2008 8:34:33 PM
From: creede  Read Replies (1) | Respond to of 736
 
Great DD, rrufff. Never seen that one before.

GB-ND
c



To: rrufff who wrote (452)1/29/2009 9:01:29 AM
From: rrufff1 Recommendation  Read Replies (1) | Respond to of 736
 
re SOFN - Looks like I was right on the money with respect to my very quick DD on this stock that shortsie brought over here.

The discussion on IHub has vaguely hinted at increases in a/s from 500 million to 750 million shares and lots of confusing explanations with respect to the downtrend and increases in share count, which is claimed in posts, to be 220 million now.

In any event, I guess by the standards of other posters, I've earned my "cyber sleupp" "100% right" badge, with about 1/2 hour of DD on 2 stocks brought over here ANVH and SOFN. I guess I can now go around saying, "sleuppy, sleuppy come on . . . . I'm right cause I post negatively, I'm right cause I post negatively about a sub-penny stock."

This post is interesting as an isight:

Posted by: EDWARD STEVENSON Date: Wednesday, January 28, 2009 9:01:18 PM
In reply to: None Post # of 2128

SOFN ~ it had occurred that Jim Booth, CEO/President informed EDWARD STEVENSON concerning the fact that their conversation(s) were recorded and administered to the public after being hosted somewhere on the web. This seems to exist in the best interest of the seller, whether it be a short seller or otherwise. It seems Jim Booth had held true to his word of dilution ceasing to exist. However, as selling is evidently occurring, most apparent when NITE presides upon the ask, Jim Booth had noted that the best he could come up with in an effort to explain the situation would be to claim that convertible debenture holders were responsible for such action. Even more so he noted that there had been some converting activity on the CD holder(s) part(s) as of late, which would care to explain the substantial increase in outstanding share count.

Here the idea of a short seller can be justified with logic. If the short seller, ie. NITE, is a CD holder, the sequence by which this individual conducts him/herself is quite simple. Shorting for a given period of time in an effort to push down the pps, which has been achieved quite easily as one can tell, and then instead of physically covering, this individual would simply administer to converting these CD holding(s) (at a discount to the market price). Through these events, it seems, the outstanding count has grown dramatically over the past month or so. The float on the other hand may remain as abundant as it was some weeks back.

Based on these circumstances (as listed above) EDWARD STEVENSON will omit from conversing with Jim Booth on a regular basis until, that is, circumstances do change. EDWARD STEVENSON is averaged in at a pps well above the current market price, thereby, he will remain a shareholder of this security. On the other hand, EDWARD STEVENSON will cease to support the bid any further. The potential that was well-documented in respect to the company itself and their strive to truly flourish in a depressed market is still very much present. In the recent past EDWARD STEVENSON assisted in helping this security run formidable figures as very fair liquidity was co-currently established. There is no reason as to why that is to not occur once again in the near future. For those very reasons, EDWARD STEVENSON remains.