I'm in the same boat. No certs transferred yet.
However, I think that it is actually a blessing.
I would have been tempted to sell some already.
But, looking back at the pattern that the buyers
have exhibited over the last 5 weeks, I highly
doubt that $ .35 is the top. It's only been two
days into the new symbol.
Frankly, only about 300,000 shares have traded
so far....Amazing in itself, considering its new
and no-one knows about it. If you add up the number
of shares bought prior to the symbol change, you
come up with 4 million or so.
It seems like an awful lot of stock to buy, just
so they could make a profit on 300,000, then
crash the stock. Even at $ .35, they would lose
more money on the already purchased stock, than
they would have made on the 300,000 sold stock.
Another point to consider is the fact that about
90 % of the volume over the last two days were
done at the ASK, not at the BID. There was no
selling by the people who bought before the
symbol change.
As a matter of fact, it appears that the same
people who were buyers before the symbol change,
were at it again over the last two days.
I BET THAT THE PRICE IS GOING CONSIDERABLY HIGHER.
There is a bigger story here than you think.
My opinion only, and although I have not been
perfectly right on my prognostications about this
stock, I have been predominantly right. It is my
belief that the best is yet to come, and it will
take your breath away.
