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Re: RedStick post# 5925

Friday, 04/03/2009 12:39:29 PM

Friday, April 03, 2009 12:39:29 PM

Post# of 20617
No, I think we have a good chance of breaking 6 today. If not today, then next week. What I was referring to is if the MMs buy a lot of shares at 5 and 6 and then those idiots that have spent the last week or two dumping shares start up again and drive down the price, the MMs are in the same position we were in. Holding shares bought at the 5 and 6 and the bid/ask driven down to 3/4. The MMs will do their best to keep prices up until they sell out their supply, which will be a while considering the amount they are buying at 5 right now.

The stock has a lot of volume today and has brought the price up. We haven't seen 6 for a little while now. Other investors will see today's volume and the PR from yesterday and that should provide a little momenteum for a while. Hopefully they come out with a follow-up PR shortly, that would really help things out.

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