InvestorsHub Logo
Followers 1738
Posts 142170
Boards Moderated 4
Alias Born 09/11/2005

Re: jasontrader post# 27260

Saturday, 02/16/2008 8:27:14 AM

Saturday, February 16, 2008 8:27:14 AM

Post# of 119915
I actually believe the percentage has gone down over what it was in December when I took a survey... That's because some of the larger holders at that time flipped a couple of million shares each and left... I believe that the New York group that bought a lot of the stock during the run to .094 is still holding a lot of this stock also..

I believe the more hands it is in, the better, because it will lessen the likelihood of price shocks like we had right after it hit .11 intraday, and then next day it hit .051...

Now that is scary, lol...

The kind of light volume decline we have had since then really isn't worrisome at all, and, like you say, allows you to pick up cheapies as funds become availble, for the upcoming return of the VALUE to the company from the $1.60 fall it took last summer...

Should be a fun and profitable spring as we get 2 SEC earnings reports in about a 6 week period! Hopefully we get the 10K a little before the deadline, but it really doesn't matter... We get 3 billion new call counts explained as to what it means to REVENUES! smile

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.