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Tuesday, December 01, 2009 8:16:12 AM
i am glad to see that some are beginning to question why we're seeing all this "pre-split size" volume while most retail shares are not able to participate in it. i have my own suspicions regarding this activity, but i think you may not be far off about the bottom and what might happen to it.
imo, these divies are nothing more than 4th of july fireworks that can not be lit until next july, eye candy i you will. i think they're intended to keep share holder interest and the buying pressure very high for the only moneymaker in this conglomerate, EVFN. i also believe that the pps will start drifting down in a death spiral should this company not keep up it's PR blitz. for the sake of the longs, i hope i'm wrong.
remember, how quickly this company executed the "not-gonna-happen" R/S and with very little warning? i think the dust still needs to settle a bit in order to see clearly what all is going on here.
back to stealth kibitzing,
kuan
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