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Re: TmanB post# 7665

Sunday, 12/06/2009 9:29:03 AM

Sunday, December 06, 2009 9:29:03 AM

Post# of 78319
21 Trading Days until merger.

Last week share volume tightened up more every day ... and it looks like if you want in on this stock you will have to start buying at the ask. Every day the volume will get tighter and bid/ask will keep edging up.

Friday saw one 50,000,000 block go off at .0003 at 1300 hours. This looked like an internal arranged sell/buy between short brokers. The rest of the day seemed like tight trading. Not many shares available at .0003. The ASK never dropped below .0004.

Scottrade halted buys... they must be short on shares; this tells me that they are having trouble picking up cheap shares... not enough cheap sells.

I will keep buying at the ASK to strengthen my position. I use 3 separate trading brokers... so when Scottrade halts I just switch to one of my other brokers.

All the .0003's are pretty much gone so we will see a trend up on both bid and ask. Slowly every day... makes a very strong merger price. 21 Trading days is not far away.