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Re: xxxxcslewis post# 8292

Thursday, 06/28/2012 7:44:51 AM

Thursday, June 28, 2012 7:44:51 AM

Post# of 20680
The argument is still valid, 770 shares, regardless of how many trades for shares "under 100". A little vague don't you think. Were the trades for one share or 99? Either way 770 is just that.

Remember in order for the stock price to rise you need liquidity, the ability for the market place to determine the stock price based on companies fundamentals, with enough of a float to be traded daily. A low float, stagnation, and little market activity along with pathetic financials only equals a losing proposition. Though for you gamblers out there have fun, even the wealthiest buy lottery tickets just for the sake of the game.

The number one tell on this company is that NO insider buying in years. Not from directors, ceo's, VP's etc. Investors should be looking for confidence backed by dollars not rhetoric in a companies leadership, so far there is none, even the billionaire is backing away.

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