Derekz - MUCH AGREED! The support started to show itself around 55 today. Think back...
...Hypothetically, let's say we were flat all day Friday and Monday... and let's say today was the day we went from 31 and closed at 60! I think everyone would feel pretty damn good right about now.
Because of the run-up, however, the average price per shareholder is well above its levels Friday. So, folks who started buying in the 80s will unfortunately have to buy 'down their average' at these current levels. This is good for guys like me who have hung on to all his shares from day 1.
And I agree with you and others in that I think the 'ring leaders' need to post judiciously about when and how they sold. It just doesn't serve a positive purpose at all. Also, there are folks on this board who may have been publically underestimating their larger positions of just a few million shares, i.e. who have much more swing in this stock than ever, ESPECIALLY after the admitted selling off today... ;-)
Nevertheless, we have a huge PR coming up. Let's not lose that focus! If the MMs actually read it this time, we could be in for another stellar day tomorrow or Thursday. If the PR doesn't come out tomorrow, I think we will see "pure trading" occurring all day, where the stock price will be directly related to the confidence or lack of confidence of the share holders. I, for one, am one of those "confident" shareholders, but I am afraid some of the things I've read on this board about selling will shake the noobs' confidence levels.
Just my thoughts. Y'all have a good night.
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