Friday, August 07, 2009 1:08:57 PM
So back on topic... here is a couple of things I'd like to throw out there:
1) Why is the pps so low? Well, for starters, with only a couple of hundred or so folks trading this stock (for now), where do you expect it to go? Think about it... 2,250,000 share traded by almost 1 PM ET... that's ONLY $213K or so (that can't be more than a few 100 peeps, right???)... We'd need to see big institutional investors come in before this rocket takes off and that's not going to happen until they get something a bit more concrete about a possible settlement. It won't be a leak, they will want it to be legit and they won't care... they've just start sucking it up.
2) Why aren't more people trading this stock? Someone here mentioned that so many people just trust everything they hear on the news and take it for granted. My brother is one of those people, and it's interesting how when I asked him to look into the WAMU story, he was just skeptical at first, but changed his mind after he read some of the DD posted on this board. As a result, I suggested that he consider dumping just $500 or $1000 to reserve a ticket on this rocket - he did.
3) Notice how quiet things are on the board lately (since Monday)??? Let's face it, we are not patient by nature, but we need to do like many of the other folks and realize that WE WILL WIN, but we need to be patient... !!!
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