Thursday, March 03, 2011 12:27:49 PM
Ben,
Just some numbers reflecting the decrease in interest due to "no news" which ultimately destroys a pps in micro cap stocks:
Aug 2010: 8,486,837 shares traded
Sep 2010: 289,963,400 shares traded
Oct 2010: 81,092,483 shares traded
Nov 2010: 35,852,357 shares traded
Dec 2010: 42,860,369 shares traded
Jan 2011: 15,424,634 shares traded
Feb 2011: 12,340,355 shares traded
Interest and momo can only be achieved with either "revenue" which is not a part of this company yet (hopefully very soon) or news/updates on "progress" which is why we saw the stock trade the way it has in the past.
This deterioration of pps due to low volume and interest because of "no news/updates" is what is killing the longs. Even a public "we are on track" comment would help.
Again, insight is appreciated.
Regards,
Dr. Steve
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