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billyjimmytimmy

04/26/07 8:03 AM

#751 RE: billyjimmytimmy #750

Well...pdgt was a bit fun yesterday...finally a bit of a run.
I was watching some charts and doing a little reading yesterday as well, and will post any ideas when I have the time to consolidate my thoughts about all of my/our picks.

Did you guys read that about a huge efgo investor who bailed because he thought efgo was getting into biotech and/or some type of retail coffee bar thing...don't know much about exactly what it was. The point was that the investor did not like the thought that that's where he thought the co was going, so he dumped...a BILLION shares. That's why there was a ton of trading days back, but no movement with the pps. Also, apparently there was another huge holder who almost dumped his/her billion...the IR said it would've been disaster if both had dumped...yeah. They're trying hard to get back the one who dumped. If they can pull that off, then that would be a big day.
Also, they're going to go back to a couple pr's a week.
I think after the big sell-off by the investor things might level off. Plus, you know people were thinking that the co was diluting...