InvestorsHub Logo
Followers 85
Posts 5198
Boards Moderated 1
Alias Born 01/23/2010

Re: mfefree post# 16396

Wednesday, 11/17/2010 7:34:34 PM

Wednesday, November 17, 2010 7:34:34 PM

Post# of 130743
Who knows. But anytime I find myself thinking 'Why in the hell would a CEO do that? It's not logical", I refer back to what the CEO from POSC did last May during the Nasdaq Market Announcement debacle. My point is, nothing surprises me anymore when it comes to penny stock CEO's and their decision making process. For all I know he wanted the stock to look cheaper and more enticing for future investors. Probably thought it would look too high going into the WCD. Consolidate now instead of later. Ton of reasons to speculate on.
For a guy doing this for decades, he knows how a volatile market works. I think he has something good up his sleeve. I'm looking forward to the next 2 weeks. Who knows, maybe it gaps up tomorrow morning. :)

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.