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Wednesday, October 24, 2007 8:26:57 PM
GSII Chart - Comment
Slight pullback on light volume today, bullish.
For those concerned about RCBM, I spoke to the former shell owner this evening, he advised that a couple of folks that live in Canada had a position in the stock from years ago, pre-merger. He has surmised that these are the shares appearing on the ask from Royal Bank. He could not remember exactly, but he believed they owned 3-500 k max. This is not set in stone, but that was his best recollection. He is not selling any of his long held shares, he believes that the issue will trade way over a dollar when the business plan is executed and folks see it unfold.
I would not be terribly concerned about it, let whomever sell here if they wish, much better here to let the more informed and patient accumulate below .10.
Slight pullback on light volume today, bullish.
For those concerned about RCBM, I spoke to the former shell owner this evening, he advised that a couple of folks that live in Canada had a position in the stock from years ago, pre-merger. He has surmised that these are the shares appearing on the ask from Royal Bank. He could not remember exactly, but he believed they owned 3-500 k max. This is not set in stone, but that was his best recollection. He is not selling any of his long held shares, he believes that the issue will trade way over a dollar when the business plan is executed and folks see it unfold.
I would not be terribly concerned about it, let whomever sell here if they wish, much better here to let the more informed and patient accumulate below .10.
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