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skipdeez

08/16/06 4:43 PM

#2877 RE: fonzzz #2873

The volume isn't there because this is a sleeper IMO, not many folks know or care about it...they should, but they don't. Look at last year, they filed the 10q on 5/15, price went up a bit...then on 5/16 they highlighted the results with a PR and it skyrocketed.
Point is, only a few savvy investors read the filings, fewer yet are able to interpret them. People want PR's with glowing results, that is what will drive the volume and price IMO.

Today, you witnessed a standoff between those waiting for lower prices to buy, and those holding for the news and higher prices to sell at. Neither happened due to the standoff, so not a lot of buying or selling.

As far as the results go, they don't have to be better than last quarter to make a positive impression. As long as the results are positive, this should fly, as it will be 2 quarters in a row with positive results...JMO...