Thursday, June 21, 2012 5:26:27 PM
It appears the .095 bidder has raised his bid to .010 and still wants to buy up to 750,000 shares. I continue to believe that if buyer and seller compromised at .011 we would see some trading take place.
This would also probably erase the Strong Sell that Barcharts is maintaining at the present time. I noticed today that they have lowered the rating even further having finally reduced their "Trendspotter" (Composite Indicators)from a "buy" to a "sell".
While it would be nice to ignore this type of news and hope that nobody else sees it, it is a little difficult to condone when Barcharts has been quoted so extensively on this board when the indicators were favorable.
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)
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