News Focus
News Focus
Followers 6
Posts 1820
Boards Moderated 0
Alias Born 08/04/2006

Re: holein13x post# 31002

Wednesday, 11/19/2008 8:41:39 PM

Wednesday, November 19, 2008 8:41:39 PM

Post# of 68510
I don't think it's short interest covering because of the balance towards volume. That is, it seems to balance at the end of the day... well, roughly. It seems to be just enough to NOT significantly impact the over all PPS but to still average out the buy volume to a consistent price. With all that in mind, it would seem like some sort of pre-agreement is going on to control the acquisition of a certain amount of shares over time. Of course, that's speculation gone wild.

Now... the other significant possibility as I see it is that that this is just the way this stock trades. Like the form-t's are the residual of what really transpired during the day.. but that just has all sorts of holes. why a 9M even stock sale and then this odd ball 2.?? whatever shares. Just wierd for it to be reconciliation, IMO.

Dilution at this point would be financial suicide for the company and IMO that's not what we're seeing here. I say that mainly based on how the company is following through so far. Balance sheet and Income statement coming in December. Watch it...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y