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Tuesday, September 19, 2006 8:43:38 PM
UBSS market maker represents the retail investors. When you buy or sell normally UBSS or even NITE will pop up on L2. Looks like someone has plenty of shares to sell. Notice UBSS always sitting on the ask, I guess you can see that as a bit of a blessing because whoever or whomever is selling, its a good thing they arent dumping on the bid or it would knock the PPS back to .0001 and keep it there for a very loooong time ala QBID,Summus, and several other pieces of garbage. Considering the circumstances the PPS for BKMP has held up pretty well. IMHO charts dont mean chit in pinky land. Its all about painting the tape and short selling and longs and plenty of drama. BKMP seems to have built a cult following ala GTE. We'll see how BKMP will hold up with everything it has going against it. IMHO the PR's need to be solid, Management needs to be trustworthy and at the very least BKMP should think about the OTC. Buyback doesnt seem to be increasing shareholder value very much. It makes no sense to fload the market with 13.4 billion shares if youre going to buy it back anyway. Could they not have walked into a bank and take out a loan? rather than dilute the heck out of the pps ala GZFX, USXP, WNSH and several other pieces of garbage?
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