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PAC

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PAC

Re: OldSmellyMoney post# 2560

Thursday, 12/22/2011 10:09:37 PM

Thursday, December 22, 2011 10:09:37 PM

Post# of 7209
If anything, ABOT reminds me of AER*, MIL*, which heavily sold before reaching .10s. So I can say without equivocation that this could likely run to low double-digits.

Think about this: Who is soaking up most of the dumpage? That very same person(s) has to liquidate eventually, but at a higher price. Given the astronomical float, shares have to be liquidate at these levels instead in the 20s, 30s, etc.