InvestorsHub Logo
Followers 0
Posts 40
Boards Moderated 0
Alias Born 02/07/2007

Re: ian1969 post# 9076

Thursday, 04/26/2007 1:40:05 PM

Thursday, April 26, 2007 1:40:05 PM

Post# of 20076
I actually think the big order today was a buy for 250k. I think the price will hang around this range with a big spead between the ask and bid until we get some news. Everybody is paying a premium right now because there aren't a ton of buyers or sellers. Most of us are waiters. Meeting the bid or the ask can swing the price by 10%. I think the price will really move when they announce they have completed production on some episodes and are starting to book ad revs. Until then, the price may drift down a little as some get tired of waiting, but I personally don't think it will effect the swing up once this thing starts moving.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.