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Re: ClayTrader post# 9709

Monday, 06/14/2010 5:07:27 PM

Monday, June 14, 2010 5:07:27 PM

Post# of 64445
What I want to know is who the hell is ACCUMULATING this!?!? Think about it,... the thing is trading OUTSIDE OF THE BOLLINGER BANDS in a BIG way (by a large margin)...EVEN the red candle (today's price action) is completely out of the upper band, with over 400Million shares traded-- & it closed just a few ticks below the previous days close... WOW!!!

What the hell on god's green earth is going on here!?!?! I have not seen strength in a stock like this...volume, price action, selling galore today and yet.. BAM, there it is all perky and rearing for another run it seems...

Now that is pretty impressive, so the question I am curious over is WHO IS BUYING THIS? (okay, yes retail, and yes, flippers/day & swing traders, but 420Plus Million at these ever higher price levels is pretty extraordinary, no?)

Is this how it works without DILUTION??? Maybe that's what it is and why I haven't really seen this before...

PS- Anyone know when those Restricted Shares come due? I'd like to keep a keen eye on that!! TIA