The market HATES uncertainty, simple as that. The stock was rising
very very fast after the announcing that we were not going forward
with the RS. The stock was returning to the numbers it was PRIOR to
us announcing the RS. These restrictions have an unnatural effect on
the stock. The market is not allowed to play out naturally and the
market is unable to find its own level on this stock because it is
being manipulated.
On 8/6/06, Richard and Eileen Lepre <elepre@surfglobal.net> wrote:
> Another question along the same lines James. Wouldn't this seem curious to
> you too? Florida
> Posted by: florida135
> In reply to: Kapone who wrote msg# 22124 Date:8/6/2006 11:35:49 AM
> Post #of 22137
>
> Kapone, if what you're hearing is true, then "why" doesn't some more
> heavy buying come in to this stock. We shouldn't need news, if it was flying
> upward when they announced the cancellation of the reverse split. "Do only
> "online" traders purchase this stock" ????? If they bought even 25% of the
> shares they were buying the two days before this restriction was put on,
> this stock would "triple" in price!!!!! Very, very, puzzling!!!!!! Florida
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