News Focus
News Focus
icon url

xZx

02/21/08 1:47 PM

#52795 RE: JoeSmith #52785

i think it's a safe bet that some of this volume is happening in open market trades. and all the behavior on L2 suggests a supply of shares in large blocks, and a demand for these shares from deep pockets.

i've said this before, and i still think it's true -- right now retailers are just like rubber duckies on the ocean, getting tossed high and low. but the number of shares for sale are finite. eventually an equilibrium will be reached and we'll start making our move. when that happens it won't be a few %, either. jmho.
icon url

darwindows

02/21/08 3:04 PM

#52838 RE: JoeSmith #52785

As I have said since November, float dilution is going to drag us down over and over until it dries up. Anyone that thinks dilution of the float doesn't effect price, I hope it's clear now. GLTA, IMO, gonna be a while before we see this thing get back up to $2 at this rate.

icon url

JoeSmith

02/21/08 5:08 PM

#52878 RE: JoeSmith #52785

My apologies to the board, my math mistake here.
"Have we seen enough vol since 2-15 in public trades to account for 3.3 million float increase?"

thanks for your post chevdawg18 #msg-27010837