Wednesday, February 24, 2010 3:07:34 PM
It probably is, but as the price get higher and higher shares will get more scarce. It gets to a point that the buying entity will not want to put too much jaz on the stock price as they want everyone to see what a great deal it is for them to buy the stock at the price they propose. Most of it is all about perception.
Everything hinges on tomorrows volume, even at 2.5 million shares we have still only only traded less than one-third of one percent of the shares. And maybe less than 2% of the shares avaialable.
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