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Saturday, January 28, 2012 4:08:11 AM
Till someone is willing to slap da ask above .0002 and bring in new bagholders that will continue the buying... it is flatlined.
(ex: May 16 2011) Technically it is considered a buy at/above the ask and a sell under the ask, but with volume not pushing upward.... it's all for naught.
Till investors or "those in the know" have an idea of the A/S after the split dont look for what isnt there.... Too much ring trading and self induced volume to make the "all buys" propaganda....(more usefull in L-2/realtime screens with the red and green highlighted trades)
Think of it this way, lets say you sell apples.... You sell 34 million apples at cost (someone buys at cost).... Technically it is considered a buy till you decide to sell under cost - a sell..(you now are "selling")... TILL YOU GET ABOVE COST IT MEANS NOTHING........ With some of the chatter that tytn is undervalued the past buys/sells are at an extreme loss!!!!
For the last time....... Common shareholders have no leverage in any voting!!!!!!!!! That is reserved for the "owner" thru the preferred shares. After the split the preferred majority will still be worth 200 million common shares / 30 bux a share unless amended....
Right now this "privately run" company needs a real kick in da arse or one final "hail Mary" pass to make it. If it cannot pull off some real revenues in 2012 than look for further "stinkypinky plays" off the common shareholders backs..
GL
:)
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