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Unwired Planet, Inc. Message Board

  • machtabow machtabow Aug 29, 2003 11:24 AM Flag

    URGENT READ!!!!!!!!!!!!!!

    NSDM IS TRADING AT .16 CENTS NOW AND IS MOVING UP DRAMATICALLY EACH DAY!!!!!!!! IS EXPECTED TO HIT $1 WITHIN THE MONTH!!! THIS IS A MUST READ!!!!!!!!!!!! AND IT'S REAL!!!!!!

    Following is a chart of trading activity for NSDM in the last one week. (Friday to Monday descending order)
    =================================
    Av Price/ Volume / Total $s
    =================================
    0.0705 / 4,670,800 / 329291.4
    0.07 / 7,766,600 / 543662
    0.049 / 2,658,100 / 130246.9
    0.0435 / 10,119,900 / 440215.65
    0.031 / 1,921,200 / 59557.2
    =================================
    Totals: / 27,136,600 / 1502973.15
    =================================

    So we know that 27 million shares have changed hands in the last one week. This corresponds to 1.5 million dollars floated in the market. With trading fees etc the cost should be closer to 1.7 million dollars.
    Now we can safely assume that 30% of this volume is repeat trading of same stocks. Therefore actual no of shares that traded should be, 19 million. Now we also know that the float of this company is 25 million shares.
    What do I see from these numbers, well lots of optimism in the market for sure. Now 19million shares are in the market which is waiting for a price increase to the tune of 100% - 200%. This pattern will again result in an expected exchange of 25-20 million shares. This is a usual pattern observed in penny stocks. Therefore this chain reaction of profit booking is bound to continue for 2-3 weeks. Essentially you can expect this stock to double every week for the next 3-4 weeks.

    That will bring our stovk price to,
    Aug 29:16 cents
    Sep 05:32 cents
    Sep 12:64 cents
    Sep 19:75 cents
    Sep 26:70 cents (I expect some positive news from the company around this time.)
    Oct 01:$1.1

    H**p://www.cashcowmag.com/NSDM.pdf

 
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