it makes completly sense. whichever partner is buying their shares, he is sure he will make more money on Pbls shares then on projects he will put to or cooperate with PBLS.
I've heard this theory before but don't get it. Who or what MM is going to sell shares to this new group for less than they could get in the open market. How do you keep the price down when the buys far out number the sells? If I'm a market maker and I could sell for $.020, what would be the point of selling for $.019? They're here to make money too. No one is here to lose money just to help out a new group of buyers. Obviously I'm missing something here airdale1.
"Complaints of Citigroup or others holding the price level while tons of shares are purchased makes a bit of sense. We'll have to get used to seeing a "ceiling". This could be repeated for months. The volume increases but the share price stays relatively level."