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Re: Cali8888 post# 91485

Friday, 09/03/2004 4:12:04 PM

Friday, September 03, 2004 4:12:04 PM

Post# of 359151
Not that you want my opinion Cali, but they released the PR when they did because volume was starting to drop considerably. Releasing the PR yesterday sent volume from 1.2 billion the day before to 4 billion yesterday and 2 billion today. That would equal 3.6 billion extra shares traded (mostly buys) at .00035 or 1.26 million dollars. Immediately after the meeting, volume was still in the 2 bil daily range so no need to release at that time. Also they needed time to move the SGGM pps from .001 to .01-.02 and make it look like it had been there for a while. IMO

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