Value Microcaps Motherboard

[southacresdave]

Wade..TELT..If the company had good news to put out (this last pr is their annual "fluff" statement about the VAR list), there could be a quick rebound upward.

When the stock was $1.40, the number of shares trading per day was around 30K (or $42K per day in total market). The highest day had around $500K total market traded. Right now it's averaging probably $5K per day in total market value traded (with it in the 33 cent range). There are a LOT of shares that were bought above $1.40 (2 million plus). These people would average down in a heartbeat if they were more confident in the future.

Of course, that is all dependent on "good news". Management seems to not like to elaborate on real business developments.

Dave