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Re: foozen post# 4663

Saturday, 06/13/2009 9:43:25 PM

Saturday, June 13, 2009 9:43:25 PM

Post# of 17528
The float here at PELE is extremely tight. I had an order in to buy 30,000 shares at the ask of .023 and only got I believe 15,000 shares and the ask moved up to .035 and then came back down to .025. I sat at the bid all day after that. I could have raised my bid and probably taken out all the .025 but I didn't want to push it on such light volume. I'm sitting on plenty of shares right now, but I will be adding more down at these levels. It's just a matter of time before we get something of substance from the company. The float here is so wound tight that when news does come, I don't want to be chasing this one. You all do such a great job with this board. If I ever can contribute something of value I will certainly do so. Good weekend to you all.

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