Friday, November 09, 2007 9:29:12 AM
The volume from September and October (drop in PPS) does not equal July and August (rise in PPS). That says one thing. There is a huge lot of people holding onto SPZI shares.
The question to ask is not "why is the PPS going down?" The right question, IMO, is to ask "why didn't these folks sell during the panic sell of that brought the PPS down?"
Don't tell me that they all bought higher than .0045! That is simply untrue. Look at the T&S for July and August for confirmation. These people "know" exactly what they have and no twisting of words by those on a message board and changed their convictions. Hmmmmm What do they see that others choose not to look at?
Boca_Bobby
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