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Re: paytheask post# 23803

Tuesday, 08/25/2009 7:55:27 AM

Tuesday, August 25, 2009 7:55:27 AM

Post# of 108228
Good post paytheask. I think we saw a little retailer bidwhacking yesterday afternoon, that's all. I think we saw some selling at the ask yesterday during the run up that was a combination of profit takers from lower buys and also possibly some selling from the old owners that sold some of the stock they were issued with as part of the deal.

I don't believe there were any old 504's lingering as those were what took us down between June 26th for about a month or so, after which the ask moved up pretty liberally during times of volume towards the end of July. The action is all in the chart.

I agree with you that this guy is doing his best and, having spoken to him also, I am holding on the basis that I don't believe he is conning us or anybody else.

Some of these plays take a while to set up and that's just a fact. Look how long the EESO run took to set up before it rocketed. I am not saying we are going to see a run like that in here (would be nice though ;o) ), but this was the first big news piece and we sure had a nice pop.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y