InvestorsHub Logo
icon url

GeoffKrone

03/26/02 9:31 AM

#1834 RE: Ruellit #1833

Muell, I respectfully disagree with your statement that yesterday's announcement was "anything but positive." The only people who are frightened about yesterday's announcement are the ones who don't understand the difference between Authorized shares and shares which are actually issued.

I do agree that we could see some genuine selling at the open from people who are unnecessarily freaked out. I also think that MM's might take advantage of the anxiety this has stimulated in some people to try to scare people into selling by their usual "shakeout" tactics.

The smart money will be buying today IMO, causing any dip in price to be quite short lived.

Best regards,

Geoff