I don't care why they got a price haircut in the past. Like I said in a version I edited.... you can't drive looking in the rear view mirror.
Price and volume jumped like a calf hit by a hot shot and it kept up thru the close.
I decided it was real, read back thru the SEC crap, and decided it was really REAL.
Of course, I've gotten burned before and I'm sure I will again, and my opinions here are not advice to buy. People decide it for yourselves. I posted what I think and I think its clean as a whistle. Something is afoot.
We'll see, though.
I don't know why any of it happens. Its like being in the corn pit on the CBOT. You get the volume in your face. A roar to buy. You figure it out later.
I figure that there is scuttle butt and yackity yack on the street. Hasn't made it to my in basket, LOL.
I figure its been on the radar screens of players, biding their time for a few months.
The latest filing brought the off shore Caymen Island outfit a fat wallet of common shares. They have to get converted from Preferreds, mind you, but they hit the percentage spot on.
Exactly 9.99%. Too coincidental for me, LOL.
So, immediately upon that happening, the volume jumps and the price ascends.
Why?
I could care less.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
