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Re: RockBottom79 post# 821

Friday, 03/19/2010 10:41:12 AM

Friday, March 19, 2010 10:41:12 AM

Post# of 11697
Like Rockbottom, I am actually very encouraged by the stock's ability to hold between .30-.45 range given the remarkable increase in volume. While someone (PERT) is obviously dumping, I find it encouraging that there has been enough buy-side interest to keep up the price. This kind of dramatic increase in volume without a significant change in price is startling. And I don't view it as either bullish or bearish. One side is dumping, the other side is accumulating. The next Q and the company's ability to acquire new contracts will be central to where they go from here in the short-mid term, imho.