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Alias Born | 10/25/2007 |
Monday, October 26, 2009 1:52:49 PM
Insiders killed the bid by selling so much, now they need to prime the pump again for the next round of selling.
Mark this post, you'll see another 10 - 20 million shares dumped this week once they get the bid supported a little bit again. The ONLY reason someone would buy at the ask with this kind of spread is just to get you chasing! Don't fall for it.
Kudos to them for not taking it directly into .000's though. Maybe they do have a product and a future, it just ain't going to happen anytime soon.
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