InvestorsHub Logo
Followers 61
Posts 3673
Boards Moderated 0
Alias Born 01/27/2008

Re: Fgbullard post# 24893

Sunday, 04/27/2008 1:02:03 AM

Sunday, April 27, 2008 1:02:03 AM

Post# of 192568
Personally I think the numbers posted by Penny are tremendously high, and there may be a small short position, but nothing like what would have to happen if the numbers were right. Like many have said all day, this stock has been a flippers paradise. It is easy to assume that 80% of the daily volumn during the consolidation period was generated by flippers and day traders. I know there were several big time flippers working their majic on millions of shares several times a day when it was in the channel. Just think about it, if you get 5 flippers trading 1 million shares 3 times a day they would have accounted for 50% of the daily volumn while it was trading it the channel by themselves. I think next week will be very exciting here, and we will all be happy campers by weeks end.