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Re: nutriman24 post# 24366

Tuesday, 03/23/2010 1:47:19 PM

Tuesday, March 23, 2010 1:47:19 PM

Post# of 43714
I don't agree. If shareholders weren't buying the stock prior to the NIR settlement, why would they be buying it in billions now? Does the market view the NIR settlement as very good and is causing people to buy it as quickly as possible? I don't think so either.
I would completely agree if the volume was as it is today for months so that the shares could be sold to investors. The demand for the stock should have gone down while the supply went up especially with the unfavorable news. It just doesn't make sense that the demand skyrocketed in correlation with the NIR settlement. A little spike in volume I could make sense of but not this. Somedays, there' 500-600 million shares traded in a matter of minutes when the total volume was only 15-20 million a few minutes earlier. I can't be convinced that it's investors buying all those.

That's just my opinion though,

Sloth