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Re: $b_rich$ post# 291

Thursday, 03/25/2010 1:50:08 PM

Thursday, March 25, 2010 1:50:08 PM

Post# of 4604
HAHA yeah just saw that whopping 5K go through at 005. With so few shares out there it is tough to "crash" the bid because there are people waiting in the wings to grab them up.

Plus, since the float is so low I would venture to guess that most people only own a few hundred thousand shares or less here. If you tried to throw 100K shares at the bid right now people would be climbing over each other to get them.

Figure it this way.....we traded 5 million shares the day we went from 003 to 022, right? Let's say 1.5 million were flippers. that leaves 3.5 million shares actually traded.

That tells me IMO that a lot of people are holding onto this one. And that tells me...................

Not a buy or sell recommendation.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y