InvestorsHub Logo
Followers 161
Posts 5101
Boards Moderated 0
Alias Born 11/07/2009

Re: None

Tuesday, 10/05/2010 12:27:17 PM

Tuesday, October 05, 2010 12:27:17 PM

Post# of 11993
PYBX - Nice 3milly bid dump. Well, to each their own. What's important to me is the parameters here are clear and not skewed. And in all the action up and down, it is proven that this trade is 100% retail, very low float and has no dilutive component to it (proven by the tape itself). So, from my POV, all should make their own trading decisions based on that. Today is still part of the turn process as I mentioned early on. Once past it this week, good things are in store here imvho. This stock is not unlike any other very low floater where as larger tranche of shares attacking the bid, can cause larger drops in bids, just as even a minimal amount of consolidated buy pressure will send it skyward.

I first bought into PYBX on Aug 16th when few knew a lick about PYBX. I did so because of the potential I saw of the new company and because I saw how thin the trade was. And to be honest the trade was as thin then in very low trips as today (and even thinner now due to the more buying of the float since). I see little has changed however in the trade dynamics. It moved up and down then on few shares, same as current conditions. gl

Play Like a Champion Today