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Friday, February 28, 2014 5:16:09 PM
Given most do believe Telogis is finally trying to put this one DOWN, they are going to try EVERY trick in the book to keep the asking price low, IMHO. This seemed to be the case today, with All the bidwacking that was taking place. And, the money makers appear to be HELPING.
I do think they WILL succeed in scaring some investors away, by retarding the price move. BUT, there IS a limit to what they CAN control. When the 'REAL' float falls under 2B, the mm walls will no longer be ABLE to hold the Asking price DOWN.
At a point, next week, I believe the REAL run will start. I see thin sell orders, up to .001. We will eat thru those in the matter of hours, and, volume will maintain 500m+, until we hit real resistance, in the mid .01's.
AT THAT point, EXPECT a PR from Telogis announcing a 1-1.4B share Buy Back, at .025 (or, close to that). The ONLY variable is when. Telogis may roll the dice, and, keep buying. But, That WOULD be a waste of time, as REAL bag holders COULD create a 2+ point spread, that COULD set off another run. And, THAT would be VERY costly to Telogis.
When/if this happens, I believe that Telogis's CEO will take HIS 'que' and issue the LONG awaited PR, announcing a Buy Back.
Just MY hypothesis!" by RD2014
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