InvestorsHub Logo
Followers 242
Posts 12545
Boards Moderated 0
Alias Born 08/14/2003

Re: None

Thursday, 03/02/2006 5:54:37 PM

Thursday, March 02, 2006 5:54:37 PM

Post# of 45771
I've seen nothing to say why we're up substantially in the last hour. Certainly it could be something that someone knows, which perhaps they shouldn't trade on, but I think it's far more likely that with the Annual Meeting coming up, and all the recent news, one or more big buyers are getting in.

With the kind of daily volume we normally have, one major investor looking to buy a few hundred thousand shares could drive the stock up substantially unless he's willing to sit back and add a few thousand shares a day. I suspect that one or more major buyers are looking to greatly enhance their positions before the Annual Meeting.

Gary
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.