mPhase Technologies Inc (XDSL)

[NoMoDo]

It always concerns me when I see identical very large orders like 34,960,000 followed by 34,960,000. To me that is a hint of POSSIBLE dilution selling. Not a guarantee mind you, but not an ordinary seller. A few weeks ago, I saw a random number in the 4.3 mil range repeated exactly 6 or 7 times. Later that day it happened again with a different 5 mil rage number. Who knows, it might be someone with hangups on being even in their selling numbers, but I didn't like it.

The good thing is that even after 70 mil in selling(within 2 seconds time), there was 126 mil shares still on the bid a few minutes later. I am thinking that .0002 is a fairly safe bet.

I plan on commenting more this weekend after looking at their latest Q.