Friday, September 07, 2007 11:15:09 AM
To be honest I really don't.....
Just unsubstantiated thoughts...
Apparently the pre RS holders are not willing to add at this level to average their much higher positions (pre RS pps = post RS .24)?
New buyers are waiting to see how cheap they can enter?
Perhaps some of those on the bid side are short and accordingly looking to cover as cheaply as possible?
Todays' trades at .05 match the lowest price point post RS.
Accordingly, one might have thought that those who were stacked up @ .05 (bottom players) would be buying here, but they backed away?
Just unsubstantiated thoughts...
Apparently the pre RS holders are not willing to add at this level to average their much higher positions (pre RS pps = post RS .24)?
New buyers are waiting to see how cheap they can enter?
Perhaps some of those on the bid side are short and accordingly looking to cover as cheaply as possible?
Todays' trades at .05 match the lowest price point post RS.
Accordingly, one might have thought that those who were stacked up @ .05 (bottom players) would be buying here, but they backed away?
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