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Re: George1234 post# 1940

Thursday, 05/15/2008 11:38:07 AM

Thursday, May 15, 2008 11:38:07 AM

Post# of 1958
At these price levels, just buying a position can push the price. There's also a question of whether the "last price" is the current bid or the current ask. Which one is the "last price" may cause the percentage change to swing wildly. (As of this moment, the stock is "only" up 16.67%, just because the "last price" is equal to the current bid of .007; if the "last price" was equal to the current ask of .009, we'd be up that 50%, even if the bid was still .007. I would consider it truly up 50% if the BID was .009...)

I own a number of shares that is about equal to what has traded so far today. If I were to try to sell, I guarantee the price would drop quite a bit.

But back to your point, being up 50% is one thing (in sub penny, not uncommon); going up around 40x in value will take substantial positive news. I for one hope you are right!!!!! I just don't know (in my ignorance of what is going on with this company right now) what will turn it around so much, so fast.

What do you think will drive it there?

Cuppy

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