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pennytrader99

12/04/09 8:24 PM

#7631 RE: thechach #7630

it's just due to some flippers, imo. 100m shares trade is not a big deal in 000s. pps going down with heavy volume is a matter of concern, but with this volume, I don't think it's big deal. MM can move pps like this to shake out and accumulate shares. Ask is very thin, but flippers are unloading shares at bid. It is just a matter of the next few days to wait, and after that IMO, the pps will go over 0.0025 and may hover in the 0.005s range before the merger. So, it's time to accumulate now, imo.