InvestorsHub Logo
Followers 24
Posts 1490
Boards Moderated 0
Alias Born 12/04/2005

Re: None

Tuesday, 11/13/2007 2:27:27 PM

Tuesday, November 13, 2007 2:27:27 PM

Post# of 27672
Everyone does realize that worst case, with no acquisitions, no merger with Trustcash (which by the way, Paivis is bringing much more to the table), Paivis maxes out the o/s at 125M with approx. 6M revenue, that would put the pps around .045-.05. If you are watching level 2, the MM’s drop the bid like a rock on small sells. Then they inch the bid back up until they entice someone else to sell, then drop it again. This has been going on for the past several months. The MM’s know that many retail sellers filed and I think many have sold, if not all, then portion of their holdings. Which at this point was the right move based on today’s pps. The MM’s will work this, along with the day traders, until more news comes out. IMO, of course. wink

.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.