Monday, March 28, 2011 10:02:59 PM
"Don't you think if US News bought shares directly from shareholders the pps would jump up to their buying price and then the MM's or flippers would walk it back down anyway?"
It will depend on the Disclosure and HNSS subsequent performance.
"It doesn't seem to make a difference what we do, there are other forces out there that are keeping this price down."
Agree. Not enough information out yet to convince weaker hands to hold. I hope some haven't sold and lost based on misinformation posted.
"I would actually think US News buying on the open market and walking the pps up as they buy would bring in more investors to build higher support levels than if we suddenly jumped up 50%. In the latter scenario we wouldn't build any bid support on the climb up and therefore would be more susceptible to being walked right back down."
Who's to say they haven't been buying?
Again I agree and yet there seems to be a natural inclination for others or 'other forces" as you put it to be working against the appreciation of share price and if that is the case, what would be the reason to hold the price down? to protect a short position?
"Of course, if I were a trader, I would sell my shares to USN at .0115 in hopes I could buy double my holdings when the pps falls back to its current range. But, alas, I'm not. So I'll just hold tight and see what the coming months bring."
Smart move
GLTY!
and GooooooooHNSSSSSSS!
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