Tuesday, May 20, 2008 11:37:38 PM
You guys remember the Wednesday several weeks ago when the stock hit .006 on 61 million in volume and huge volume followed thereafter ? No way that dilution of 27 million shares would have caused that type of volume over the next several days. I'll bet this stock has been shorted to death and today's PR (after shorts cutting a deal with Kistler or even the company wanting to cover for itself) might have been issued for the purpose of covering before the big expected news hits.
Lots of speculation today and my guess is we'll never really have the correct answer, but even if we use 300 million O/S, it's not like the stock can be perceived as overvalued.
I would love to see a monster volume day tomorrow with a huge drop in PPS followed by a strong comeback. Gonna be fun no matter how this plays out.
Glad to see all the work being done on SL sims.
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