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Re: b9molecule post# 5089

Wednesday, 01/20/2010 11:57:36 PM

Wednesday, January 20, 2010 11:57:36 PM

Post# of 7895
Gotta get thru PERT at $2.72.

I think this PERT MM represents someone(s?) that gobbled up shares back in early 2002 when this traded probably close to a couple million shares in a short period of time. Basically the only time historically it did so and would have been an easy time for someone to build a big position. Might have been tied to timing of shares coming off restriction from some initial shares that were issued and then flooded the market. Not sure.

If that's the case, my guess is the buyers back then have unloaded maybe 700K+ shares (roughly) or so the last approx2-3 years since I first started noticing their semi-larger blocks. Large blocks for me anyways since I'm a little fish.

They picked up the shares around 5-10 cents a share ($#%@) or so I think back in early 2002. Hundreds and hundreds of thousands of shares.

So someone out there is pretty happy about their investment from back then IMO!
Over 5000% return. And probably taking profits here and there.

Their timing with price isn't great but they tend to sell around news when volume picks up. Makes sense I guess with a large position protecting large profits.
They (referring to PERT MM) also were selling more recently on the BHP announce around $1.7 or so as I recall. They capped us at $3 I think this latest run too.

They gap us down premarket sometimes too as many of us have noticed over time. So maybe thye are overseas and tell their brokers to do it for them or just place an order daytime overseas at a particular price a little below the previous close to try to move shares or something, not sure.

^#@$ them... LOL.



Now if we could convince liliancap and his semi-bigfish pockets (or get some other bigger fish to take notice) to take us over $3 and get some momentum going it would be pretty cool.
Although the big momo run if we get one I am guessing is going to be in a couple Qs when the story becomes more more obvious (hopefully) and not yet.

We'll see.

I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog

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