Friday, August 27, 2010 2:43:25 PM
I agree. There are things I have always found quite fascinating in pinky land.
With SEWC i found it interesting that we have 9 MM's bidding 1's after we had none. I also find it strange that SSGI showed up yesterday afternoon too. The party was over by then.
I also have noted that if someone was trying to sell off or dilute they could have easily done that with higher numbers too.
I guess the only way to find out is gauge how many 1'a fall and see how the MM's handle it.
I can't say what others would do but selling for a 50% loss within days of a run makes no sense business wise or common sense wise. People who bought at 1 may sell at 1 and lose the comission big deal.
I will keep ya updated via PM or on the board of my findings.
Finally whether SEWC is really or not really going through RM talks I will say that if they are a shell I do expect them to be sold sometime in the future. When things settle down i will continue my weekly/bi weekly buying of 1's.
Smitter SMTT
With SEWC i found it interesting that we have 9 MM's bidding 1's after we had none. I also find it strange that SSGI showed up yesterday afternoon too. The party was over by then.
I also have noted that if someone was trying to sell off or dilute they could have easily done that with higher numbers too.
I guess the only way to find out is gauge how many 1'a fall and see how the MM's handle it.
I can't say what others would do but selling for a 50% loss within days of a run makes no sense business wise or common sense wise. People who bought at 1 may sell at 1 and lose the comission big deal.
I will keep ya updated via PM or on the board of my findings.
Finally whether SEWC is really or not really going through RM talks I will say that if they are a shell I do expect them to be sold sometime in the future. When things settle down i will continue my weekly/bi weekly buying of 1's.
Smitter SMTT
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