InvestorsHub Logo
Followers 0
Posts 289
Boards Moderated 0
Alias Born 04/11/2007

Re: Guardian post# 626

Monday, 09/17/2007 3:50:07 PM

Monday, September 17, 2007 3:50:07 PM

Post# of 3056
The stock is being deliberately pushed down. The less than friendly change of control left some folks less than pleased. They would like nothing better than to see Mr. Wu fall on his face. The evidence of that is the race to get lower asks up before anyone has a chance to buy at a higher level and call their practice into question. There was a brief window of opportunity (about 45 seconds) a few minutes ago when the ask was at .19 but that quickly moved to .14 and just a few seconds later to .12. In a regular market when the .125 got taken out there isn't a reputable broker around who would advise a client to actually drop the ask below a previous level that was just taken out. That was done with purpose. IMHO there are folks who don't want this to succeed, at least not right now. I hope I'm wrong and it is Wu's master plan to run this up before the AGM and whatever he has planned for the "Special" part but time is starting to draw close.