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that doesnt tell us anything about sofn
can anyone explain the trading on sofn since 9/4/09
sofn
if you look at their history they have gone through many changes over the years since ive been following them
they have had a few acquisitions over the years with sweeping changes
im still uncertain about some info i found concerning a bank/holding co in the wa state area that was sold and partially owned by softnet i believe they recieved 160 millon in the deal
i havent really been able to confirm this info
i understand they have had a few upper mgmt changes (ceo,cfo,coo ect.)
these things take time
im as frustrated as most but with all info found here the last couple of weeks its questionable the status of the company
on the same token its much no info
i cant find any info either way to determine who they are or are not now
in jan they did state some project that was in a trial stage that would take 5 6 months with economy i can see things being delayed
i think well see soon
IMO
not only did i up
i went through a reverse 10 to 1 split
bought back my shares and then some
after june 08 i sold 1 milion kept 1 million
i figure id keep some always thought they may comeback
then found investhub and activity on sofn and been buying more
im back to 2.5mil i hope this goes to pennys
id be very happy
ive been in sofn,sttc so long
it was small dollars and slowly decented to sub-pennys since ive been involved
there was some activity nov,dec,of last year and jan this year brought pps up small amount for very short time
in the last 3 years. today until last friday is the most action ive ever seen here on the trading seen
the most discussed activity in boardrooms chat (investhub)
something seems to be happening here
it has someones attention
what does that tell me
someone is trying to sell low so they can buy cheap
it seems a good thing
brich seems posative
is that the painted red means
how can you tell someone wants this
whats a red paint close?
and what did you see
thats was a good buy 1,305,000
slow day so far
alot of small sales
i thought maybe some news or website today
anyone needs me ill be out on the ledge
lucky i work on first floor
also
this mornin like the last 2 there was an ask 1000.05 for 5 shares
this after noon theres 2 in their for 500 shares @2.00
yes that 1 mil was good
going back and forth all day 0033 0034
i see a sell of 225000 then a buy of 225000 at 34
a lot of diferent numbers today
but still alot of activity since last friday
still up i think this is the bottom
i think this may be bottom
we had a good rally since friday
if we maintain from here maybe graduly go up
although i am a little dismayed with no news or website
im still holding theres something strange about this
i dont know if good or bad
its like someone is trying to keep low for people to get out
mostley all sells here
1985613 buys
6935078 sells
strange pattern here
2000 5000 3400 small sells
i still believe something is going on IMO
stocks go up stocks go down
i expect the same from this until some news or website come around
looks like we off to a good start
look at some past post
i remember someone saying that got an e-mail back from dennis goett saying he is still a board member and regretted sofn from releasing any news
no
it wont let me
a 5000 sell at .0046
.0047 is the lowest ask at L2
a 1000 buy at .0047 then a 200000 sell at .0044 then a 505000 sell at .0045
i think someone is messing with the prices
nobody wants to sell
hmmm
trading has quiet down quite abit
theres another 300 sell
its slowley starting to come back
things slowing down here today
i wonder if big investors are trying to get rid of some of the small fries to keep profits for themselves
yes
i wish i knew something
like you its taking all my attention the last few days
i havent seen this much activity on sofn in years
yes
i dont know what some mean
but a lot of wierd trades outside of 100 and 200 hundreds
odd numbers that dont seem to be partials
wierd
theres 100 300 and 400 share trades today
this is driving me nuts
whats causing this
nothing has changed
i cant find any info that we dont already know
mostly buys
looking good today
slow climb
yes i think so
something is going on here
still not sure what started the move
the first trade today is 300 sell hmmmmm
i dont know maybe
theres a few sells in there for .01 well see
i dont know
also curious about the 990 and 300 share trade yesterday
when they reported some pr in nov 08 and jan 09 they said there was a project that may last until late first quarter
with what the economy was i can see it changing and taking longer
plus if there is any govm contracts with this that could add a delay you all know how govm runs
i cant see them just disappearing they had a few accusition's over the lasdt few years i think maybe just a big reorg
they have changed the business model quite abit
theres a sell order in L2 for 5 shares at 1000.05
there was one like that yetserday too
the bids are starting early again today
the buys are .003 .0009 the ask .005 and .01