There is always selling before a holiday. Especially when you have Black Friday and Cyber Monday following it and people need cash!
Additionally, there hasn't been any sells of any significance over the past few days. Just small time traders cashing out on what little they had in to begin with. Volume has been anemic to the point where it it only takes one or two trades to move it. MM's know this, so they widen the spread during times of low volume to make up for the lack of profit during these phases. Afterall, the spread is how they make their money.
I would absolutely be pleasured beyond belief if I was able to pick up .0337's. Not likely though. I don't think I, nor anybody else, would wait for the .04's to disappear before pouncing on those available shares.
So, until Dec. 5th, let the few make their exit and enjoy what they get for Black Friday/Cyber Monday while the majority of shareholders continue holding and accumulating. Why buy a blender or tv when you have another 100K shares of EPGL!!! Other people's shares are whats on my shopping list this week!
Cheers,
Buy-Hold-Wake Up Rich.
