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Re: kennedy post# 75181

Wednesday, 08/11/2004 1:06:49 PM

Wednesday, August 11, 2004 1:06:49 PM

Post# of 359165
Kennedy,
I would love to hear discussion on why the volume can't be retail. My logic may be off here, but couldn't it easily be retail? Everyday, I see tons of posts on all the boards saying that someone just bought 10M or 20M at .0004, or that they have orders in for several Mil at .0003, etc.

Now, we would only need 100 buyers at 10M shares for the volume to be 1 Billion. Or 500 buyers at 10M shares for the volume to be 5 billion, which is what it was yesterday, give or take a billion. That doesn't seem like much buying and it certainly seems within the realm of retail. If you believe in the double/triple printing theories, then that number is DEFINITELY attainable by retail buying. Just take a look at all of the posts about how many shares are bought by retail investors!

Who's selling? That's the thing I can't understand. And, I hope it isn't Urbie.

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