Xcel Brands, Inc. (XELB)

[slazenger7]

Impossible to know one way or the other. Volume has been too light to gauge how quickly solid buying pressure will start things moving back up to the .04/.05 level and beyond. I picked up another 20k today at .02 as well. Bid firmed up a bit at the end of the day with both NITE and ETMM at .02. The small amount of selling going on could be a shareholder or shareholders who were looking for something to happen quickly and did not want to wait any longer. Many penny traders want to see quick gains and immediate satisfaction or they get out and move their money to another stock. If these guys are as serious as we think they are about joining forces to merge a solid company into NFBH, they will be looking for, and will hopefully attract some solid long term investors, not just short term flippers and day traders.