InvestorsHub Logo
Followers 475
Posts 40458
Boards Moderated 1
Alias Born 02/18/2007

Re: grandetourismo post# 11036

Friday, 02/13/2009 10:02:04 AM

Friday, February 13, 2009 10:02:04 AM

Post# of 16405
There was a lot of dilution in the first 2 trading days in case you guys forgot that. 98% of all retail sellers couldn't sell at these 2 days and we had a volume of approximately 500k each day, that means around 90 million presplit.

They gave it some room to breath the last 2 days and like I already said yesterday, the market makers tried to bring it up on no volume which kinda failed because there is no interest in the stock at these levels right now.

The best you can get here is another couple of cent rally once a pr comes out, the question is only from which level the rally may start. It however depends what they report in the news if there is even a reaction.

Over the next few weeks Boca will get his wish of a much lower share price in my opinion. I don't care because my remaining shares then will only be converted shares and I will wait to see what will happen with them over time.

All my opinion. Anybody can have it's own certainly. Of course all bets are off once they bring in substantial money into their pools but the chances for that are close to zero in my view within the next at least 6 months if not 9 months. In this environment nobody out there will put substantial money into any investment just because a one or two or even 3 month track record. This is laughable.

I still have some common shares left so bring on the news and the rally guys....

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.