Damn Flick, the Chailkin Money Flow (CMF) is with us Brother. Flowing like being spewed from a high volume pump in a low capacity, muck filled sump.
Figured by panning for gold in Stoney Brook, our dreams would'a been realized by now.
All this BS, seems right out of a trader's play book evidently. 2 minute drill,and that's evidently what the MIXED SHELF was all about. Every asset we had were sent out toward the sidelines where a catch and out of bounds to stop the clock was intended.
Those playing the point spread held off. No one had any idea what was going to happen. Here's most of the data on our our money flow during the two-minute drill (move to the shelf):
Date NASDAQ Close*
Mar 5 34,500 3.62
Mar 6 47,500 3.77
Mar 9 52,900 3.80
Mar 10 77,200 3.52
Mar 11 58,600 3.40
Mar 12 51,000 3.52
Mar 13 28,900 3.41 69.46K Avg. on shelf.
Mar 17 106,500 2.95 Short<30%.
Mar 16 105,000 3.15
Mar 18 222,900 3.61
Mar 19 127,400 3.22
Mar 20 132,000 3.25
Mar 23 51,700 3.38
Mar 25 36,900 3.33
Mar 26 103,100 3.14[/quote]
~16% loss there. But we're alive. Money flow reduced. May be viewed as a protective measure. Higher NASDAQ volume days coincided with similarly matched shorts over in the DTCC. Though limited volume.
Made it to the next round though. General American Investments picked us up as a beneficial owner. And Money flow doubled from their resales of our shares.
Nuther 15% loss here, right at the opening bell of the second round. Ain't made it up.
[/quote]
Date NASDAQ Close*
Mar 27 1,150,600 2.70
Mar 30 255,100 2.70
Mar 31 116,700 2.59
Apr 1 152,100 2.72
Apr 2 110,000 2.65
Apr 7 120,300 2.67 127.7K Avg. closed shelf.
Apr 8 43,600 2.67 Short>48%.
Apr 9 140,800 2.67
Apr 10 61,300 2.68
Apr 13 347,000 2.69
Apr 14 143,100 2.75
Apr 15 160,500 2.77
Apr 16 164,600 2.69[/color][/quote]
We're just treading water now Brother. Not going much of anywhere, but the money flow is like 9 million shares a day pre 60-to-one split. Shorts are way up too. But with GAI having a butt load, it's their perogative to lend them out. It does drive our volume.
Drew's gonna have to get a job for gas money 'round town. Good for all of us (jobs). Retirement is nice too. My eyes are on that prize. This investment may be setting that back though:)
Thanks for getting this far.
VR
Mike
