If GTEM trading history tells us anything, this time last year, while we were trading between .17H/.15L, we only averaged 67,326 shares per day this last week of Aug07 and never reached 6 digits worth of daily trading. That also held true for a year ago, the past week.
I'm of the opinion that most of GTEM's MMs are possibly on "vacation" this week and hence the big volume day last Wednesday (882,191) to shore up their positions and take profits where they could.
Since we have always been a speculative otcbb/amex/now "pinkie" and prone to get our volume on PRs (like most companies out there, because that's why they have a PR area in the first place), but yet we never released one last week, ask yourselves why the big volume? We could thank the SEC for their PR, tho.
Obviously, MMs were covering their bases,(no LLWS pun there).
It would be very interesting to see GTEM release 2007 (lack of financials) and see just what kind of volume we would get with less than our normal MMs working at what they do best manipulating GTEM shares.
We will probably see a week's worth of 3 digit trades as all the wannabe's doing their usual lack of real trading.
GLTALs
