First, I'm glad you like my theory. To answer your question, look at it this way. You've got Ihub, HSM, SHO, RB, MM, Yahoo, and a bunch of other stock forums + stock blog websites. Not too mention the people that just lurk and never say/post anything. So we are all suprised at that number, but the more I think about it, the more it makes sense.
I only know a couple people with fairly large positions. From those that don't know me from HSM, I run a stock picking thread with an email alert that goes with it. "Think Faust is on the list?". Anyways, I've heard back from a handful of people that in the last two weeks have picked up a couple hundred bucks to a max of $1k worth of shares. And none of them ever post in the METP thread.
But, think of how many people view all the forums and blogs? Think of how the money flows when the right momo and news hits. Last week a stock I was in had days of only $50k going in and out of it. Then monday it had a cool $1million worth of cash flow through it, and it was a shady stock.
So, if you add it up, seeing this thing wound up so tightly like it is now, with it being so hard to get shares at these levels with the float extremely dried up, it's just getting ready to move.
And when the news hits, what are all of us going to do. We're all going to tell all our friends asap.
902 people tell one friend that throws a quick $1k at it. Bingo. Party in Vegas!!
Best,
Spec
Disclaimer-much of that post was speculative and just my opinion!! :)
