Phrozt, I am curious about something which came up in a conversation with B.M. some time back. Perhaps you could shed some light on the subject? This concerned the restricted shares as I was considering buying some. Brian said there would be a minimum amount which was $1,000.oo @ .oo15 if I am not mistaken. Further, this would earn 7% over a 1 year term, but could be called in by MMTE at any point.
I did not buy any as I thought the deal sucked to put it mildly.
Now we're seeing this thing ping of of 15 like a ping pong ball each and every time. I made a statement a few months ago that we would channel between 15 and 23 because thats where the MMs will make their money, until something substantial came out that would increase the actual value of the company.
My question is who do you think is responsible for the ping off of 15. Ya have to admit this is unusual action considering all that has occured since January. Hell we're 30 ticks off of the high in April and bottom out at 15 to channel. Just seems too damn weird to me. I am and always have been long here, but when I see monkey business I pretty much know thats what it is.
I would like yours and others thoughts on this if I may as I do appreciate your knowledge in TA,etc... Thanks MMTE GLTA LONGGGS JMO