InvestorsHub Logo
Followers 44
Posts 3398
Boards Moderated 0
Alias Born 12/07/2003

Re: trueblue post# 702

Tuesday, 05/13/2014 10:20:25 AM

Tuesday, May 13, 2014 10:20:25 AM

Post# of 966
I wouldn't necessarily think those shares were being sold right now either.You have to read and understand who was offered the shares and who owns them.....there have been a few discussions on it and I'd probably just put my foot in my mouth if I started rambling on about it.I think the reason it hasn't gone higher from Friday ...yet.....is people are gunshy...just not willing to pay more to sustain a higher price.

After all the share price is always what peeps are willing to pay for a stock at any point in time,no matter how many shares there are,what are they willing to pay? Some were willing to pay .70 a few weeks ago,just not enough to continue the trend and bring it higher even with Fridays news.They are leery of mgmt. abilities in my opinion.They want to know that they aren't gonna get diluted further if they start paying higher prices for it.

My Posts are my opinion protected by my first amendment right to free speech


You don't drown by falling in the water; you drown by staying there.