Voip Pal Com Inc (VPLM)

[MrMoovingavg]

As someone who has known actual market makers and dealt with transfer agents for many years I can say two things.
No one can get anything out of transfer agents. I couldn't get information on a childs minor account and the child was mine.
They determined my child was just turned 18. So to say I called the transfer agent and found out etc etc is hard for me to believe.

Secondly I have been watching the trading in the stock and what I notice is hardly anyone is selling. Go to yahoo finance or Barchart or anywhere you can see hourly trade by trade volume. You have almost no volume no volume no volume and the price is going sideways and then suddenly a drop and a huge trade. Then an immediate recovery. The other day a drop from 20 all the way to 12 and within a very short time it went immediately back to around 20.

That isn't someone selling when there is almost no other volume.
Like "they" know something we don't.
That is more than likely stop loss limit orders below where the stock is that people put there to "protect" their gain. Market makers have to be the other side of the transaction. I have seen many times if the stock is going up in the future goes down first and shares can be picked up by the MM. And vice versa. If a stock is going to go down after a drop like that it generally keeps going down. But VPLM didn't. Think about the market makers position in this. If he is worried that the stock is going to sky rocket or go much higher than its current level would you want to have to short stock into a wave of huge volume buying? I wouldn't. I would look for an opportunity to take out stop loss orders.

I also notice that there are 1.6 million shares short. I got that from this website. That is a lot for a stock like this one. But in spite of that the stock remains at this level it has been at for some time. All with no earnings. That is an indicator to me that the "shareholders' or "investors" are standing pat and even that there aren't a lot of short term traders happening. Combined with the short volume that would indicate to me that the shorting is either the market maker forced to be the other side of the sell order

All the indications to me are that there isn't really a lot of trading activity at all. Even from 'insiders'. If people "in the know" were doing anything the volume would be much higher than we have seen even in this decline from the blackout period.

I will also say that it isn't unusual that a company trying to play parties against each other isn't going to release "progress" of their negotiations or "tell us what's going on" any more than baseball teams involved in multi team negotiations reveal whether they do or don't like certain offers. The reason they don't reveal the name of any particular company or group making an offer (beside s the fact that everything is done by lawyers who by law cant reveal anything they do for their client) is because those companies require that you keep them secret. The potential competitors could size up a lot of things if they just knew who was making the offer. From the companies perspective, VPLM that is, how do they expect to get a much larger offer from Microsoft if Microsoft knows who their competitor in the potential deal is?

If a potential suitor knows it is a huge behemoth with billions in cash why waste your time on a bid knowing that no matter what you bid the behemoth can just up the bid and waste all your time spent.
If they do not know its the behemoth and their prior offer wasn't accepted would they not be likely to raise their bid? I would think.

Thus the way things have gone is to me consistent with the current offer being the starting point. And this isn't being conducted like an auction. This is a poker game and everyone has their cards close to the vest. If you watch those poker tournaments a normal game of placing bets at times slows to a crawl when the hand is important or in a critical phase. Cards are close to the vest at this point.

The best news I think we can receive in here is that another blackout period is happening. That would tell me that either a better offer is in the offing or that another suitor besides the first is occurring.

It took Microsoft something like two years from the time they tried to first buy Hotmail to the conclusion of that deal.

Hope all this helps some of you.