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smaz1969

04/20/09 9:22 AM

#16443 RE: jr1948 #16442

Maybe on Thursday with over 71M shares traded but Friday was fairly normal with only 7.3M traded. Thursday was either dilution or panic selling after the annual report. It's hard to say for sure but I would lean toward more dilution due to the timing and the significant volume. Can't say for sure either way though.
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jr1948

04/20/09 12:18 PM

#16445 RE: jr1948 #16442

I saw mirror trading thursday to keep the pps at .0005 or higher. friday was a diluting session. today is also dilution driven, they're having trouble at the preferred .0005 level, it's trying to drop on them. It seems so good sense for energy makers to buy coal now, with the price so much in the range of their choice. qmlm needs all the product it can deliver now and throughtout the near to medium range future.jr1948