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Sunday, October 01, 2006 12:22:09 PM
AWBV traded 0.00001x0.0001 pre-r/s (or 0.05 bid x 0.50 ask equivalent)...
For several months before r/s, no one could sell at 0.50.
For AWYB to open at 0.05 was NOT a mistake, it was actually what it had been trading at for past several months (ask those who put a market order to sell AWBV, what they got - they got 0.00001).
The MISTAKE was when it dipped to 0.0012 right after open, and the high volume - suggesting that at least someone shorted it by mistake and that's the play we've all been playing.
Whether the shorts have been fully covered, or not yet, is anyone's guess...MOMO will decide where this goes next week...
Targeting 0.50 as a minimal true value of AWYB is just plain silly :)...
Penny_TA's Technical Plays:
http://www.investorshub.com/boards/board.asp?board_id=7244
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Reverse Mergers:
http://www.investorshub.com/boards/board.asp?board_id=7308
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