Because the 200 million shares in Cerro are too closely held. Why sell at 7 or 8 cents when the deal is coming or you at least think the deal is coming?
Do you know anyone who is selling Medinah? I don't. I know a lot of people who are buying. I stand corrected I do know of 2 people who sold some Medinah to pay bills but that was last week. And no where near the volume we have had the last 5 days. By the way did you know that MMs were shorting as many as 15000 differnt stocks? Fascinating.