EGOC, Agua77 I like "amateur hour" and I like"bid sitters" and also I like "ask slappers" and sellers!! I believe that you have over simplified things concerning bid sitters .. In fact a lot of times bid sitters are also slapping the ask at the same time. And let's not forget that bid sitters provide support for the pps and can promote a certain degree of confidence to those thinking about buying in or adding to their retirement fund.. It's all good!
The ask slapping frenzy will happen when the big reveal of the new company happens and to expect major ask slapping to occur without breaking news would be a bit silly I would think and maybe not too sustainable. I suspect we will continue to see the volume increase in spurts as we get closer and closer to that day.. (many folks have been and are snagging cheap shares without running the pps up trying their best to accumulate without driving the pps up is a pretty common strategy)
When will that reveal day happen ??? Well I am going to have to let you guess on that one. As I said it's all good!! I do have opinions on when that day will arrive in all of it's glory but I will just keep that to myself.. Not saying I know exactly when the big reveal will happen but I do have opinions. cheers. of course all just my opinions
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