InvestorsHub Logo
Followers 22
Posts 1966
Boards Moderated 0
Alias Born 12/07/2006

Re: learner1156 post# 3265

Tuesday, 03/24/2009 11:38:28 AM

Tuesday, March 24, 2009 11:38:28 AM

Post# of 34483
In any other situation, I would agree with you. However, this stock has headed south and has stayed here. For our sake, they can't put another Zero on that quote.

I have watched thist stock trade on daily basis for three years now. I may have missed less than 10 days of it trading.

There has never been a period where this stock has actually exchanged hands back and forth on a daily basis.

It has been buying on few days, followed up with immediate selling pressure. There has been a lot of dedicated longs in this one for some reason.. LIke me, they have continued to accumulate a sizeable position. Going back to last year about this time, just the few longs on this thread had accounted for well over 100 million shares. That was not including Mark Uram's position. We factor in his position, we could be sitting @ closer to 200 million.

More than one long contends the float was bought up a long time ago.

We are not talking a DELL or an APPL here.

I hope you are making money on those stocks that trade more than their float or AS. I stay away from those stocks. I have lost my ass on those kinds too many times.

Join InvestorsHub

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.