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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,843.60
(
-0.01%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
85.59
(
-1.06%
)
Bitcoin
57,107.21
(
2.25%
)
Post# of 103302
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abnpayne

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abnpayne

Re: Brungy post# 32518

Thursday, 05/15/2008 5:09:34 PM

Thursday, May 15, 2008 5:09:34 PM

Post# of 103302
Do the math, just like the highly touted election percentages there is a story to be told...

With a float of near or greater than 650M. Today's volume traded of 4M was only ~.0064% of float.

The low volume means shareholders are comfortable/happy with news and believe PPS will go higher. Buyers are in put up or shut up mode, waiting to see if they can get a better deal on entry price. Also likely that buyers are waiting on confirmed court decision. With an early closing or favorable decision, this tactic may find them outside of a run in the near future.

Oh yeah, whacha think of this post? :)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=2931091

Read everyone's posts with caution and treat as...

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