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darrengus

08/13/07 3:48 PM

#59887 RE: $CHUD$ #59886

I am done accumulating today. picked up another 60mm. I will have doubled my current position by the end of the week.
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Stratey

08/13/07 3:51 PM

#59889 RE: $CHUD$ #59886

If that's true Chud, there must not be good news coming out of the financials this week.


I wonder why the IR is unreachable. Have you had any luck GoVols1?
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WillyBoyXXX

08/13/07 4:11 PM

#59898 RE: $CHUD$ #59886

Unless I'm mistaken, which I quite often am, there is another possible spin on today's sell-off.

A year ago several acquisitions were made with restricted stock that would, just about now, be eligible for sale.

http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=9591

The fact that the pps didn't drop, I believe, is to do with a large number of buy orders at .0003 (like mine), which the MM/Brokers finally executed after having them cluttering up their boooks for weeks.

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MCArmel1

08/13/07 11:17 PM

#59979 RE: $CHUD$ #59886

There WAS a lot of shares traded today.. WOW! Why do you say it was the company and how can restricted shares be traded or dumped? Did you get to get back in at .0003? Would have been a nice move from out at .0005..

Curious as to how you came to your "IMO"?

"Alot of volume today. Company had 300,000,000 million restricted shares they needed to dump and they did it today IMO.

Why right before 2Q report? I dont know"