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Re: Zorax post# 259543

Monday, 11/16/2009 4:29:39 PM

Monday, November 16, 2009 4:29:39 PM

Post# of 346917
Yeah, spng volume drying up. that means NO ONE wants to sell at these prices. Everyone is holding tight. I'm not selling. Others I know are not.

And why would anyone sell at this time? Pike Partners just purchased a 19% position in the company. That is substantial. Daniel Pike is a very astute financial person to have been Eddie Lampert's analyst in the ESL fund. 142 million shares.


That is a strong vote of confidence in spng. THAT is why there is no volume.

IMO

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