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Re: RIGATONI post# 20933

Wednesday, 06/14/2006 5:22:54 PM

Wednesday, June 14, 2006 5:22:54 PM

Post# of 381710
TXXN wow.......talk about a sell off and an opportunity to buy all at once!

I heard that supposedly someone unloaded their position of somthing like 2 million shares that they picked up at .10 or so......they were tired of waiting, got scared with the markets or saw huge buying opportunities elsewhere and moved their profits into something else.

About 10% of the tradable shares (not including the restricted shares from the aquisition) traded today and I think it held well considering the dumping........so someone was scopoping it up (many blocks of up to 300,000 were picked up during the small fraction of the time I watched it) but unfortunately not as quickly as it was dished!

Who knows....all is good and nothing has changed except someone unloaded a big position.......they will regret it imo!



A chart is worth a thousand words........

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