Wednesday, February 07, 2007 8:46:14 AM
So, we have to ask ourselves why isnt the pps higher in BIGN? My guess is that the pool of shareholders is relatively small, perhaps 1,200 and the the ones with the long view (not the flippers) are pretty much fully invested and wont buy more until a LOI is closed. The flippers are trading daily and not moving the stock price in this low volume climate.
The final factor is that the BOD is not pumping the stock by issuing PRs' every few days like some of these pennies, this can only be interpreted that BIGN is a real comany intent on growing.
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