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turbosig

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turbosig

Re: estimator post# 32631

Monday, 08/17/2009 10:09:45 AM

Monday, August 17, 2009 10:09:45 AM

Post# of 67237
It's the natural recycling of equities. When funds or big players sell, you get a drop in price - simple economics.

The questions should REALLY be why are they selling. IMO it's a simple profit taking activity from accumulation in the .2's. If you can all remember, DOMS was on the bid a few times back in the .2's and now they are making a little coin (I know this because DOMS and JEFF are not your average retail MM's).

Once this stops, you'll see nice price movement again. Remember we have roughly $1.35 in stock holders equity.

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