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griff100

07/15/09 11:59 AM

#35992 RE: calitrader #35991

at the time i posted there were 4 consecutive trades at .125 totaling 32,500 shares. no distortion..it's there for everyone to see.
I didn't say it was on CNBC, lmao!
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Toxic Avenger

07/15/09 12:06 PM

#35995 RE: calitrader #35991

Just so everyone has it correct, these are trades with both a buyer and a seller. ADVFN categorizes them as "buys" and "sells" depending on whether they're closer to the bid or the ask at the time of the transaction. Interestingly, the bulk of the trades here seem to be exactly in the middle between bid and ask (13 cents, bid at 12.5, ask at 13.5) which should be reported as ?.
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P K G

07/15/09 2:23 PM

#36019 RE: calitrader #35991

I kind of think some sellers sold 298,719 shares at this point and buyers bought 298,719 shares. Indicates to me plenty of shares available at $.125-$.13. Otherwise the pps would move up. By the same token, buyers are willing to pay that price so the pps does not move down.

Nothing good I can see in this. Maybe nothing bad but most certainly nothing good in that a PR was again totally ignored.
"Orifant sales up year over year". Meaningless to the "street" until it sees the sales figures in a financial statement filed with the SEC.

Been burned too many times as pps moved from $3.50 to $.125 with posts being made about $10.00 pps comimng and everything "next week" or "next Q".

Nothing works now except SHOW ME THE MONEY! Drinks has failed miserably in doing that, thus $.125-$.13.

IMO