Nanopierce Technologies (NPCT)

[zties]

Trev, re: yesterday's closing trades, I concur with Magic's post on Agora board......

"My thinking is that someone(s) from the LV meeting, closely connected with the broker, is accumulating, and is doing it 'in the window' to keep it mostly out of sight and avoid driving the price up too quickly. Either that, or an MM is using the tactic to help a favored client cover a short position. In either case, considerable effort is being used to keep the trades off the normal radar screens.

JMHO, Magic

Looking at the trading activity of Friday March 8, and Friday March 15, there certainly seems to be a trend consistent with shorting activity. It is possible, IMO, that if, in fact, someone was shorting, they have had second thoughts and run for cover.(sorry for this bad pun) If that is the case, maybe with the after hours activity of yesterday and Thursday, they have covered with the help of a friendly MM.

If, OTOH, this is someone accumulating a long position as a result of the LV meetings or other recent developments, it is just a glimpse of the kind of activity we have been anticipating for some time. I look forward to seeing it continue.

In any case, the Friday trading pattern established over the past several weeks has been broken and we again closed above our 10 day EMA on the high for the day and with respectable volume.

-z